All Forum Posts by: Jason F
Jason F has started 32 posts and replied 271 times.
Post: Finding Motivated Sellers...

- Real Estate Investor
- Gainesville, FL
- Posts 296
- Votes 6
This is a simple idea but most people will never do it.
Buy a bike. Put it on your car/in your truck and take it to a random neighborhood. Just start riding it around. You will notice houses you will never notice in a car. Look for vacants. Hopefully these will be people that no one else is contacting because no one is seeing the property.
When my wife and I go bike riding I always take a pad and pencil. She hates it but it works.
Post: Any advice on a servicing company?

- Real Estate Investor
- Gainesville, FL
- Posts 296
- Votes 6
What company do you use to service notes, if any? Can someone give me an idea on the monthly cost of hiring a servicing company?
Post: Non Performing Notes

- Real Estate Investor
- Gainesville, FL
- Posts 296
- Votes 6
Well, if they are non-performing you will need to be prepared for the possibility of owning the property. At that point, any concerns with the property will apply.
Post: Google Chrome Browser

- Real Estate Investor
- Gainesville, FL
- Posts 296
- Votes 6
The real test will be....how quickly does it load Biggerpockets
Post: Benefits to Seller of a Short Sale

- Real Estate Investor
- Gainesville, FL
- Posts 296
- Votes 6
And their name will stay out of public records. With a Foreclosure Judgement, the document will be filed in public records for that county.
You would really be surprised how many people run your name through public records after meeting you/while deciding to work with you.
Post: Seller Financing

- Real Estate Investor
- Gainesville, FL
- Posts 296
- Votes 6
Yeah, there was a guy on here that was mentioning he purchased a free/clear list that had the name of everyone who owned their property outright.
Could be a good idea to look into that. Good luck.
Post: How to find homes owner will finance

- Real Estate Investor
- Gainesville, FL
- Posts 296
- Votes 6
Sure there are sellers that want to sell less than FMV, doesn't mean most of them are going to hold a note and be okay with the multiple other things that must come together to make this happen.
i'm not saying it can't be done, it just seems like a lot of things that need to fall into place.
Post: Seller Financing

- Real Estate Investor
- Gainesville, FL
- Posts 296
- Votes 6
I think it's a good idea. A lot of people really have no idea about how easy it is to hold a note. Some think they will still get calls when the toilet is leaking.
I think the major hurdle you are going to run into is that most people have a mortgage on their property which will eliminate them from fully owner-financing it upon sale. If they own it outright, they might just be smart enough to understand it.
Might be a good idea to work on something describing how to hold a second and what their "out" would be if they wanted to cash out of it 3 years down the road. Seems like the number of homeowners that could benefit from you would be larger.
Post: Must ask these questions!!!

- Real Estate Investor
- Gainesville, FL
- Posts 296
- Votes 6
I wouldn't base any income projections on leasing billboard space unless you know the local codes applying to billboards.
A lot of major cities have put a cap on the number of billboards. Some require the business to be "on sight"
Another thing to think about is what will happen to your vacancy rate/rent levels when people see that there is a billboard on your property? Will it be good for the image of your complex?
Just a thought.
Post: Meth Labs in Trailers

- Real Estate Investor
- Gainesville, FL
- Posts 296
- Votes 6
I can probably tell you that you aren't going to be happy with the results.
Does meth smoking show up on those test or just meth production?