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Weekly meeting every Thursday night

Here's your chance to talk shop with other real estate investors, pitch properties and services and ask questions.  Along with networking, we have an educational component for each meeting.  Pick up a new trick, or maybe be reminded of an old strategy that will work great in today's market.

West Florida REIA members can attend the weekly for free as part of their membership. First time attendees are free at the weekly meeting.

We'd love to see you at the Thursday night meeting. Feel free to invite a real estate friend!

 

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  • Scott N.

    Here is another tidbit - Last year in 2013 the Florida Appellate Court ruled that HomeOwner Association Liens and most Non-Governmental Liens are extinguished in a Tax Deed Sale and no longer enforceable. See "Cricket Properties, LLC v. Nassau Pointe HOA, a decision issued by the Second District Court of Appeal". http://warddamon.wordpress.com/2013/10/24/a-homeowners-association-lien-does-not-survive-a-real-property-tax-deed-sale-by-dane-e-leitner-esq/

    1 · May 13, 2014

    • Barbara

      Yes, but not vice versa as at least one newbie investor found out. She bought a couple of homeowner association-brought foreclosures thinking it wiped out the mortgages. Nope.

      May 15, 2014

    • Sylvia C.

      That was a great article. thanks.

      May 16, 2014

  • Martha (Bonnie) D.

    Good format, part learning, part imput from others, and I see that the deals will be coming soon.

    1 · May 16, 2014

  • Sylvia C.

    I love what was said. back to basics. We all need that to keep in check. Thank you.

    3 · May 15, 2014

  • Scott N.

    When signing your own CONTRACTS and OPTIONS, remember that in Florida a Documentary Stamp Tax of $.70 per 100 Dollars Valuation is due on any DEEDS, Contracts for Deed or Assignments of Interest in Real Estate, AS WELL AS a Stamp Tax of $.35 per 100 Dollars Valuation on any Mortgages, Demand Notes, Term Notes, or Other Evidence of Indebtedness. There is a 10% per month penalty for late payments, and ANY party to the transaction can be required to pay the entire amount as well as the penalty. Also, if you do more than 5 of these transactions per month yourself (without a title company) are required to register with Florida for a Sales and Use Tax License and collect and submit these fees yourself. See the Posting in the "MORE" Tab above, titled "FLORIDA DOC STAMPS".

    1 · May 13, 2014

    • Barbara

      I'm wondering if that 10% per month "penalty" can be construed as usury. That would be an interesting court argument.

      May 15, 2014

  • Barbara

    Wow! Thanks Scott. And just in time to go with the talk tomorrow night on tax liens. :-)

    May 12, 2014

  • Scott N.

    ANNUAL TAX CERTIFICATE SALES BEGIN THIS WEEK - HIGH INTEREST INVESTMENT OPPORTUNITIES !

    Since the Local Tax Sales begin this week and close at the end of the month, I thought I would give you a little more detailed information about the process followed in Charlotte County. I have posted a very extensive PDF FILE for you in the "MORE" Tab at the top of this page. The Concept and basic Florida Statutes are the same for Sarasota County, BUT the method of bidding will be DIFFERENT.........

    1 · May 12, 2014

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