All Forum Posts by: Sara K.
Sara K. has started 2 posts and replied 85 times.
Post: Is my Lender charging me Higher than normal fees?

- Investor
- Winter Garden, FL
- Posts 86
- Votes 74
Those sound normal to me. Our appraisal fee on the investment property was also $650, it is true that they are higher. Your appraisal report will include a separate rental comp/market rent rate, etc, report.
Post: The Jacksonville Newbie is looking at a house this evening!

- Investor
- Winter Garden, FL
- Posts 86
- Votes 74
How did the viewing go?
Post: Trying not to get impatient with auctions....

- Investor
- Winter Garden, FL
- Posts 86
- Votes 74
What is your buying criteria? It may be unrealistic for your market.
Post: Back from Iraq! 5 doors in less than 7 days!

- Investor
- Winter Garden, FL
- Posts 86
- Votes 74
Thank you for your service!
Congrats on the deals.
Post: Make an offer when remodel is still underway?

- Investor
- Winter Garden, FL
- Posts 86
- Votes 74
The main concerns that come up right off the bat are timeline and quality of materials/work done.
Post: How to split bills with a girlfriend if you own 100% equity

- Investor
- Winter Garden, FL
- Posts 86
- Votes 74
Relationship-wise, the fair thing is to split bills based on a percentage system. (Made up numbers), if you make 60% of the household income, you pay 60% of the household bills (and your GF pays 40%).
As a woman, I'm not touching the rest of this with a ten foot pole.
Post: Title Company did not include Prorated Rent or Deposit

- Investor
- Winter Garden, FL
- Posts 86
- Votes 74
Personally, I wouldn't expect to receive those when purchasing a short sale (though I have no experience buying a short sale rental).
I highly doubt the bank will care, they're certainly not going to fork over an extra $1k+ for something that's not their fault.
Are you willing to walk from this purchase if you're not going to get these? That's the real question.
Post: Seller Never Collected Security Deposits

- Investor
- Winter Garden, FL
- Posts 86
- Votes 74
How do the units look on the inside?
We are also in the final stages of purchasing a property. There is a security deposit, which will be transferred to us, but in our case, I wouldn't worry too much if there wasn't one. The tenant is very clean and orderly, plus we're planning a gut job after this tenant leaves, in order to update the unit and get market rent.
Post: Is my potential agent taking to long to write an offer?

- Investor
- Winter Garden, FL
- Posts 86
- Votes 74
At this point, even if he did send over the offers today, would you really want to keep working with such an inefficient agent? I would have already found another agent (at a different company) to send the contracts.
You could have already lost your chance to purchase one or more of these properties within the past few days.
Post: Question about refinancing with my situation

- Investor
- Winter Garden, FL
- Posts 86
- Votes 74
Are you looking at a buy and hold, or a flip, for your next deal?
What would be the approximate purchase price of your next property?