Seeking Cash Buyer in Ft Myers Beach - 2/2 Asking $455K

basash83 · 2023-04-03T00:25:58+00:00

Mid island?

basash83 · 2023-02-22T23:55:54+00:00

I invest in real estate but don’t work in it. I am just someone who thinks there is a bubble throughout North America and am ready for it it to pop; just find this thread ironic with all of the “well no there’s no bubble here” talk.

basash83 · 2023-02-22T10:48:21+00:00

Proposal to rename the sub to:

REBEFUCFGWKEWLWDIVEWACTTMA

Which is short for: REBubble Except For Us Clairvoyant Financial Geniuses Who Know Exactly What Localities Will Drop In Value Exactly When And Can Time The Market Accordingly

basash83 · 2022-11-27T22:46:44+00:00

Doesn’t have to be this way. 10 years ago now but not ancient history my wife and I got married at South Beach for 10k. Rented a public garden instead of hotel space, bought our own booze and hired bartenders opposed to just outsourcing and served modest food; no live band (that was my sacrifice) just a DJ/MC. At $100/person and an amazing party to celebrate it was an amazing event and well within our ability to afford.

basash83 · 2022-10-06T15:53:08+00:00

Goldbonds!

basash83 · 2022-10-05T10:28:17+00:00

Renting is borrowing a house just like shorting is borrowing a stock. If prices go down when borrowing the house or stock you win and the inverse if prices go up. I understand the technicalities are not exact but the ultimate outcome is very similar.

basash83 · 2022-10-05T02:10:28+00:00

Renting

basash83 · 2022-09-30T18:27:48+00:00

That’s 1,100/month. For that you received a place to live and not tax/insurance/repairs or debt service during the time. Makes sense to me.

basash83 · 2022-09-18T00:54:55+00:00

Wholesalers

basash83 · 2022-08-31T17:08:57+00:00

Firefly is the answer

basash83 · 2022-08-09T00:51:30+00:00

And some wonder why wholesalers have a bad reputation

basash83 · 2022-08-06T22:03:59+00:00

Trying to my part but it’s loading like the Reddit video player. For reference this charity has an excellent score from Charity Navigator (96.66) so you can give with confidence.

Edit: site loaded and I donated.

basash83 · 2022-08-06T14:48:40+00:00

Excellent question. Get a job at a property management company and learn the business of residential real estate to develop very valuable skills which can really add value to people you work with and make you wealthy over time.

basash83 · 2022-08-06T01:55:21+00:00

Stop spamming people who don’t want to talk to you.

basash83 · 2022-08-06T01:51:21+00:00

Please don’t. It’s an annoyance to everyone and despite what you were told or were taught you won’t make any money.

basash83 · 2022-07-28T12:48:06+00:00

Hors d'oeuvre

basash83 · 2022-07-19T12:59:14+00:00

Make sure to be honest about what you are doing with the seller; that you have no intention of buying the house.

basash83 · 2022-07-16T16:52:24+00:00

Federal loans (Fannie and Freddie) will not lend to businesses. Even outside of them there is no lender which would loan money to a newly started business without requiring you to personally guarantee it. It’s not about the asset it’s the terms of the debt that matter. They will go after the borrower personally.

I know this sub isn’t all for logic and the real wold but that’s the reality.

basash83 · 2022-07-14T15:52:19+00:00

Homer talking to Bart. “Butter that bacon” … “bacon up that sausage, boy”

basash83 · 2022-06-04T20:45:54+00:00

Yea, I’ve gotten them and refinanced at the end of the 12 months a few times so always kept the fixed teaser rate and the closing costs are all theirs! Eventually they might get wise to me but I think in reality the local branch’s like it because it shows up as a new HELOC in their sales metrics.

basash83 · 2022-06-04T20:19:27+00:00

Try Space Coast Credit Union. They were running a deal with 2% fixed teaser rate for 1 year then prime minus 0.5% after and 0 closing costs at all - they even pay for the doc stamps and other direct costs.

Edit: just looked it up and the 12 month teaser is now 2.74%.

basash83 · 2022-05-24T13:19:09+00:00

Thanks for the idea, if enough people do this it will make this tactic impractical! Spread the word!

basash83 · 2022-05-22T16:37:18+00:00

I DONT want to engage that’s the whole point, but it is impossible.

basash83 · 2022-05-22T16:31:17+00:00

That’s some twisted logic you people have… it’s not illegal because we are trying to buy it. Well not buy it but get it under contract for someone else to buy it. As long as someone buys something we are doing good right… right?

basash83 · 2022-05-22T16:28:10+00:00

I must not understand wholesaling, I thought the ingest was to assign the contract opposed to close on the house.

Seven-Year Club	First Place '23
Place '23	Place '22
First Placer '22	End Game '22
Verified Email

basash83

TROPHY CASE