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Topic Title: Moving back to Brevard
Topic Summary: Need a house to buy or rent long term
Created On: 08/25/2019 02:41 PM
Linear : Threading : Single : Branch
 Moving back to Brevard   - UncleFunk - 08/25/2019 02:41 PM  
 Moving back to Brevard   - LouieOnBrixton - 08/25/2019 10:21 PM  
 Moving back to Brevard   - UncleFunk - 08/26/2019 05:34 PM  
 Moving back to Brevard   - Sector9surf - 09/04/2019 11:01 AM  
 Moving back to Brevard   - leatherneck - 09/10/2019 03:13 PM  
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 08/25/2019 02:41 PM
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UncleFunk

Posts: 281
Joined Forum: 08/30/2010

This is a pretty unique and niche request, but I'll put it out there. First some information about me: My family of four currently live in Costa Rica (near Samara) and we are have been here five years. Need to move back "home" to the Cocoa Beach area for a couple reasons and it will be within the next month or so. I currently have 11 rentals - 10 in Brevard and one in Colorado where I used to live. I've had single family homes (and spend nearly all of my money buying rentals) for about 16 years. I self manage and I am a long term, buy and hold investor building cash flow. We are moving into one of our homes, but the remodel will take several months, since it's a home from the 50's and all major systems need to be updated and replaced. I say that because it sets the tone for what I'm looking for: I would ultimately like another rental property, but I need to live there for 4-6 months first. It doesn't need to be in top notch condition, but it does need to be relatively unique. I want to buy it, preferably through an owner financed transaction where I would put down enough money that you would know I am serious. I will turn it into a rental when we move into our house and "bullet proof" it before it's a rental. I could also do a long term lease where I have the option to purchase it. In this case, I would pay insurance, taxes, and repairs and I will bullet proof it to be an excellent rental. Any reluctant landlords out there that would like the tax advantages of having a home, but not the headache anymore? I don't mind the work at all and have built a system where I can live out of the country and manage the whole process. I would love to partner with the right person (or, better yet, take it off your plate and you'll never have to hear about it again - just get a direct deposit into your account every month). I know this is out of the fairway and I don't really want to AirBnB for a few months because it's pretty ridiculous to throw away rent money like that. At the same time, lease options and owner financed "deals" on Craigslist are mostly scams or bait and switch. Any ideas from this community? Going to miss the waves and vibe here, but looking forward to getting back to Brevard for a bit. Pura vida! Luke
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