Christopher McClatchey's (cashflowinvestor) Blog

Port St. John Wholesale Deal 6463 Hudson Ave, Port St. John 3 Bedroom / 2 Bath / 2 Car Garage 1268 Sq Ft. Built 1990 (Sales Price in 1990 $63k) Last Sale $182k (9/05) Transferable Termite Bond Included Minor Repairs Needed (for rental ready) Rent Range - $800-$1000  Asking $62,500 + closing costs...

I know. Can you believe I said that.  I can't. But here are some reasons my beliefs are changing. The Court Systems are so back logged with Foreclosure cases right now that it will typically take between 12 and 18 months to get back the property.  Yes, in Brevard County Florida, that means that t...

Being both a Realtor and an Investor, I have heard alot of talk lately about whether the banks will issue 1099s, won't issue 1099s, will forgive the deficiency judgments or whether Federal Legislation will negate them.  There is alot of speculation on this topic along with alot of misinformation....

Another unbelieveable bank story :  An agent in my office of Housing Market Realty in Brevard County, Florida had an unbelieveable situation with a short sale listing. The listing is a direct Indian River Front Condo, in Port St. John, Florida.  The condo has been on the market for over a year wi...