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026: Understanding the Safe Harbor and Keeping Money in Your Pocket
Robby’s has returned stateside for this week's episode as we jump into some more detail on a few Florida deals and share some insight into deals with HOAs in the state of Florida.
This episode also marks our sixth month of consistent shows!!!
First though, Chase starts us off with a great online service to deal with customer service issues that might pop up at random times in your life.
The company/service is called Ringr. You can find them online at www.getaringr.com. Use them to sit on hold and deal with the standard runaround we all run into when calling a variety of customer service companies as needed.
We talk quite a bit on the show about designing a business and life the way you want. And we doubt anyone wants to include sitting on hold with some random customer service rep on to their list.
Robby put together an small article this past week that we are going to put out on LinkedIn comparing note investing to a long road trip.
In addition we’re going to be working on a full case study this week regarding the condominium in Tampa that Robby purchased and took through full foreclosure and now has a new tenant about to move into the unit.
We cover Safe Harbor in Florida as it pertains to HOAs. Robby tells a great story from his experience in Tampa to educate you on Safe Harbor and some of the issues that might arise as you’re investing in Florida assets that are governed by an HOA.
Robby drops a few great nuggets about working with “professionals” and the advanced perception that many people automatically associate with these titles and how to protect yourself by managing your “professionals.”
On a final note we’re working on closing out of a deal in Ft. Pierce, FL on a condominium that the HOA was very quick and happy to sell us title on so that we could avoid foreclosure.
The JV investor on the deal wants a capital gain, so we’re going to look to sell the property retail, or as a turn-key rental, more to come in the coming weeks. We purchased title from the HOA, deed is in the mail, and we’ll have solid numbers for disposal (sale) of asset in just a few weeks.
As always send you questions to [email protected].
Listen to this week’s show and learn:
Listening Options:
Thanks for listening to our show! We’ll be back next Wednesday morning.
Cheers,
Chase & Robby
View all episodes
By Chase Thompson & Robert Woods | Note Investing | Real Estate Investing | LiRobby’s has returned stateside for this week's episode as we jump into some more detail on a few Florida deals and share some insight into deals with HOAs in the state of Florida.
This episode also marks our sixth month of consistent shows!!!
First though, Chase starts us off with a great online service to deal with customer service issues that might pop up at random times in your life.
The company/service is called Ringr. You can find them online at www.getaringr.com. Use them to sit on hold and deal with the standard runaround we all run into when calling a variety of customer service companies as needed.
We talk quite a bit on the show about designing a business and life the way you want. And we doubt anyone wants to include sitting on hold with some random customer service rep on to their list.
Robby put together an small article this past week that we are going to put out on LinkedIn comparing note investing to a long road trip.
In addition we’re going to be working on a full case study this week regarding the condominium in Tampa that Robby purchased and took through full foreclosure and now has a new tenant about to move into the unit.
We cover Safe Harbor in Florida as it pertains to HOAs. Robby tells a great story from his experience in Tampa to educate you on Safe Harbor and some of the issues that might arise as you’re investing in Florida assets that are governed by an HOA.
Robby drops a few great nuggets about working with “professionals” and the advanced perception that many people automatically associate with these titles and how to protect yourself by managing your “professionals.”
On a final note we’re working on closing out of a deal in Ft. Pierce, FL on a condominium that the HOA was very quick and happy to sell us title on so that we could avoid foreclosure.
The JV investor on the deal wants a capital gain, so we’re going to look to sell the property retail, or as a turn-key rental, more to come in the coming weeks. We purchased title from the HOA, deed is in the mail, and we’ll have solid numbers for disposal (sale) of asset in just a few weeks.
As always send you questions to [email protected].
Listen to this week’s show and learn:
Listening Options:
Thanks for listening to our show! We’ll be back next Wednesday morning.
Cheers,
Chase & Robby