When selling your condo, how to get more $$$$ by Renting it out First!

Written on April 9, 2014 at 12:33 pm, by Leon Weinschneider

March 2014

A client of mine wanted to sell their Luxury Bal Harbour area Penthouse Condo.

We weren’t getting offers that matched our asking price, so I suggested Renting it first, which we did almost immediately!

Within one week, not only did we begin receiving offers for Full Price, I was able to get my Seller $45,000 ABOVE the asking price!

What was unique about this situation was that I was able to help the buyers satisfy their 1031 tax needs thru this transaction!

Renee Amaya – Testimonial Video about Leon Weinschneider

Written on April 9, 2014 at 12:25 pm, by Leon Weinschneider

Yechiel Winfeld – Testimonial Video about Leon Weinschneider

Written on March 31, 2014 at 7:31 am, by Leon Weinschneider

Elan Kornblum – “Great Kosher Restaurants International” magazine – Testimonial Video about Leon Weinschneider

Written on March 31, 2014 at 7:22 am, by Leon Weinschneider

Mark & Francine Schlachet – Testimonial Video about Leon Weinschneider

Written on March 31, 2014 at 7:13 am, by Leon Weinschneider

Testimonial: Michael Oliel

Written on December 18, 2013 at 8:29 am, by Leon Weinschneider

Here’s what Michael Oliel had to say about Leon Weinschneider.


How to make money while selling your house

Written on September 13, 2013 at 6:47 am, by Leon Weinschneider

Tips On Selling Your Home

Written on August 30, 2013 at 6:48 pm, by Leon Weinschneider

You Never Know!

Written on July 14, 2013 at 5:30 pm, by Leon Weinschneider

Recently, I was working with a buyer that wanted to buy a condo in a particular building.


We prepared an OTP (Offer To Purchase) for unit #01.


What’s interesting is that the building owns unit #02, right next to this unit. It seems that when this building was originally built, unit #02 was supposed to be for the building manager to use, as part of compensation.


The present building manager has his own apartment, so the building has been renting out the condo.


I called the building manager to ask if this condo were for sale. He told me ‘no’.


That not withstanding, I prepared another OTP for #02 and sent it the buildings manager and to the board of directors.


Well, believe it or not, the building responded with a counter-offer!


We are still negotiating, but now instead of helping the buyer acquire one unit, at a Fantastic Price I might add, we are narrowing down on two units!


If we can accomplish this, my buyer will have several wonderful options!


1.     He can stay with one, and flip the other for a profit!

2.    He can stay with both and rent out the second unit!

3.    He can combine both units into one unit!


Either way, everyone is a winner!

Testimonial: Lee and Julia Kaminensky

Written on July 10, 2013 at 6:19 pm, by Leon Weinschneider

Here’s what Lee and Julia Kaminensky had to say about Leon Weinschneider.