All Forum Posts by: Dane Peterson

Hey William, Was just messing around on my Podio to see if I couldn't figure it out... All I see is Clone/duplicate and it keeps it within the app it's already in.. from what I've read on podio forums, many people have requested this and you have to integrate 3rd party software.

Let me know if you end up finding a solution

No SW FL has not been impacted. 

I've heard buyers (single purchase buyers & not investors) maybe 1 in 3 bring up the election for being a reason they want to wait until beginning of the year.  I don't see any impact on the ELECTIONS changing the strength of the real estate market right now. 

 Thanks for response Roy. That's what I was thinking, was just looking for any other possibilities. Looks like property has been same owner for 70+ years so maybe they let a relative take over or something.

The assignee isn't a lender

Hello BP!  

Today I was doing my Evictions Research for some mailers and came across a Plaintiff (typically the Property Manager or Owner) who had a different name than the Appraiser site. My next step when seeing that is to look at recent sales and see if anything is notated since sometimes there is a month or two delay. Then I started reading further into the Evictions Complaint and noticed this -

"Plaintiff was assigned rental agreement on 9/21/2016 and is the authorized agent for the owner of real property address.... yada yada"

My only question is what type of transaction is happening with the owner that this would be happening?

I can only think of them hiring a management person/company... Thanks!

 What came of this meeting Ken?

1515 16th St. W, Sarasota, FL 34205

$54,000 CASH Deal | Handyman Special

3bd/1ba | 1,260sqft | Property is priced at $42.86/sqft | Property sits on a 1/4 acre Lot!

Rent: $1000+/mo

ARV: $115,000+

THIS LINK

not sure if we are allowed to post Opportunities, so lets see if this gets taken down!

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2023 10th St. Sarasota, FL 34237

$72,000 CASH Deal | Handyman Special

3bd/2ba | 1,296sqft | Property is priced at $55.55/sqft

ARV: $140,000+

Rent: $1,250/mo+

Come purchase this spacious 3bd/2ba before we begin rehab. Property is a Single Family Frame Home located east of 301/Washington Blvd & 10th St. near Downtown Sarasota.

Dropbox: Pics, Appraiser Info, PDF with Pics

@Chris Mason and @Account Closed

I could tell how excited my friend was when I just asked him.  The response was a, "yes", but I might strangle you.

Thanks for advice.

Alright so I've found a rental property that I'd like to purchase.  I've had my eyes on it for awhile and keep running the numbers and keep getting drawn to this property.  I've started my career in Real Estate and have now wholesaled 3 properties and went through closing on one then relisting immediately so let's call it 4 wholesale deals.  1 of my 2016 goals was also to purchase my first Rental.

I can pickup the property for around $70k.  Needs a roof ($7k), flooring in 1 room, fence and a few other minor fixes.  I'm estimating $10k with the roof.  After roof is fixed property should appraise for $100k minimum and that's VERY conservative. Going on low side of comps it's around $115k.

I'm going to be working with Caliber who will let me put 15% down for the purchase.  The seller isn't going to fix the roof per the agent.  So what is the easiest method to get this done with the least out of pocket after securing a loan?

I have the ability to come out of pocket to cover downpayment and repairs. Is a HML then refinance the route to take?

Thanks!

Just to update the thread and close it out. The title company a larger title company too, said they had never done an assignment before and they did correct the HUD to show the Assignment fees correctly to the buyers side and the DOC stamps were calculated on the original sales price!

Thanks @Wayne Brooks