All Forum Posts by: Kevin Griffin

If your property is in either Vero or Sebastian, both do not allow ADUs within their city boundaries.  The unincorporated properties in the county do allow it.  Better check with the Building and Planning departments before continuing.  Maybe you can revise somehow.

Cody - Rehab Valuator has an excellent report format with many options. Very well known, and easy to find with a search.

Michael,

  If you decide to envestmentuse your money for private lending, I'd be interested in speaking to you about it.  I've got about a dozen properties I'll be looking to either wholesale, or rehab.  Hope to hear from you.

Respectfully,

K.F. (Jack) Griffin

GryphonRealEstateInvestments.com

Sounds like this guy is like Noll and his LLC Mastermind Machine.  You can tell that they know their stuff, but are leaving out certain information that someone new to the field (virtually every one of their customers), would need to know to correctly understand the information in the course.  You know there's something wrong, but can't put your finger on it because you don't know anywhere near enough to be able to identify the missing information.  They would sell so many more courses if they provided the needed information in the first place.  Just sad that they know the problem, but won't take the time to do it right.

Mark Wolffer - Did you folks ever develop the software needed to access this information?

There is a company out there called vacantaddresses.com that claims to have 'engineered' a way to get the vacant house addresses from the Post Office database.  When I challenged him concerning stealing/hacking information from the Postal Service, he said that what he was doing was quite legal.  He wouldn't elaborate further, but he's been in business since 1989, so not quite sure what to make of this situation.  Vacant addresses is owned by iBuyAny.com  Would like to hear from anyone who knows how he is doing this legally, as he seemed reticent to say anything other than what he is doing is legal.

@Danny Johnson - Danny - Pretty much all I see out there is various software packages that cover some, but not all of the needed components for a complete all-in-one package.  Not sure why this is, other than that it takes time and money to do the development.  Since you seem to be genuinely interested in receiving feedback to improve your offering, here is a site to look over concerning reports/presentations to: calculate offers and analyse deals, market and share deals with buyers/build buyers list, create deal funding presentations, and manage projects and rehab estimates.  Only a small part of what's needed for a complete site, but he does a good job of it.  I'm sure you're aware of him, but maybe it's been awhile since you looked him over; he recently added some new items to his offering.   

RehabValuator.com 

Kyndall - The short term rental restrictions are in the city limits; I believe you're good anywhere else, although I haven't actually checked with IRC or the other municipalities.  I've only read about problems in Vero, and the resulting restrictions passed by the City Council.  Only interested in rehabbing at this time, so I haven't taken the time to check.  Best of luck; if I can possibly help you with anything, let me know.

Jack Griffin

And for the most part, private lenders loan locally, which is good for you.  You can meet with them to show them you are savvy enough to be trusted with their money, and you can both get a feel for each other.  But remember, their first concern is going to be making sure they can get their money back; which goes to your competency in analyzing a property, being able to do an accurate rehab estimate, knowing and being able to prove the numbers of the deal.  Being able to have them comfortable that the deal is good, and you can make it happen, beginning to end.

An excellent first question.  Any legitimate hard money lender will have a website, and usually a Facebook page; but definitely a website. And they should be registered with their state too.  You can check with the Better Business Bureau to see how many complaints have been lodged against them, if they were resolved, how quickly, and their attitude about having to do so.  Since private money lenders are not required to be registered, probably don't have a website, and wouldn't be listed with the Better Business Bureau, they are a different story.  You could check on Linked In, they might have a Facebook page, or own a business you could check out on certain forums.  For the most part, with a private lender, you're checking various areas of their lives to try and ascertain their character, and trustworthiness.