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Updated over 1 year ago, 04/18/2023

User Stats

12
Posts
11
Votes
David B.
  • Investor
  • East Grand Forks, MN
11
Votes |
12
Posts

Looking for local advice - Pinellas County, FL

David B.
  • Investor
  • East Grand Forks, MN
Posted

Hello All-

I am looking to connect with people in the Clearwater, FL area. I am an out-of-state investor looking to buy SFH or small Multi-family properties in Pinellas County.

Open to connecting with agents or other investors at this point. Really looking for some general advice and someone to brainstorm or even partner with.

Thanks in advance.


User Stats

1,384
Posts
708
Votes
Raymond J. Rodrigues
Lender
Pro Member
  • Lender
  • Miami, FL
708
Votes |
1,384
Posts
Raymond J. Rodrigues
Lender
Pro Member
  • Lender
  • Miami, FL
Replied

Hi @David B., I recommend you get in contact with @Nicole Shaw. She’s helped quite a few of my clients in the Pinellas county area acquire rental properties. I hope this recommendation helps! 

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User Stats

48
Posts
18
Votes
John Vitta
  • Investor
  • Clearwater, Fl
18
Votes |
48
Posts
John Vitta
  • Investor
  • Clearwater, Fl
Replied
Quote from @David B.:

Hello All-

I am looking to connect with people in the Clearwater, FL area. I am an out-of-state investor looking to buy SFH or small Multi-family properties in Pinellas County.

Open to connecting with agents or other investors at this point. Really looking for some general advice and someone to brainstorm or even partner with.

Thanks in advance.



 Hi David

I'm an investor working on a fix and flip business in Clearwater, I would love to connect!

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User Stats

71
Posts
66
Votes
Hunter Terryn
Pro Member
  • Birmingham, AL
66
Votes |
71
Posts
Hunter Terryn
Pro Member
  • Birmingham, AL
Replied

Hey David, I grew up in Clearwater and still have family down in the Tampa area. We have a rental a little south in Sarasota, not any in Pinellas County yet. Might not be able to provide the most technical advice, but would love to share everything I know of the area. Feel free to connect!

  • Hunter Terryn
  • [email protected]
  • 205-546-2231
  • User Stats

    392
    Posts
    289
    Votes
    Luke Rorech
    • Real Estate Agent
    • Greater Tampa Bay
    289
    Votes |
    392
    Posts
    Luke Rorech
    • Real Estate Agent
    • Greater Tampa Bay
    Replied

    Hey @David B. I work mostly with investors looking for small mf (2-4 units) or str in the Tampa Bay area. Let me know if you have any specific questions about str rules and regulations or finding a multi. 

    User Stats

    6
    Posts
    12
    Votes
    Andra Kay Johnson
    • Real Estate Agent
    • Pinellas County, FL
    12
    Votes |
    6
    Posts
    Andra Kay Johnson
    • Real Estate Agent
    • Pinellas County, FL
    Replied

    Hey David,

    I was born and raised in the area, and open to connecting if you want some advice or have questions. Clearwater is a great area to invest but multifamilies are hard to come by (that makes sense financially) unless it is off market. SFH would probably be the best way to go in this scenario.


    I'll message you so we can connect

    User Stats

    12
    Posts
    11
    Votes
    David B.
    • Investor
    • East Grand Forks, MN
    11
    Votes |
    12
    Posts
    David B.
    • Investor
    • East Grand Forks, MN
    Replied
    Quote from @Raymond J. Rodrigues:

    Hi @David B., I recommend you get in contact with @Nicole Shaw. She’s helped quite a few of my clients in the Pinellas county area acquire rental properties. I hope this recommendation helps! 


     Thank you! Will do.

    User Stats

    370
    Posts
    379
    Votes
    Kristina Kuba
    Pro Member
    • Tampa, FL
    379
    Votes |
    370
    Posts
    Kristina Kuba
    Pro Member
    • Tampa, FL
    Replied

    Hi @David B.,

    If you're investing, I would also consider Tampa. Research on Water Street and “Gas Worx''. These are both game changing developments.

    Tampa is ranked in above 20% appreciation rates. Further, large names like Pfizer and Tesla are expanding with hundreds of employees. 

    Look for agents that align with your interest. Interview a few and see what is a good fit for your buy and hold aspirations. A good set of questions you can ask an agent about investing….. how many homes have they designed and renovated to maximize ARV. Have they had the difficult conversations with a general contractor and held them accountable? How many rentals have they owned? How do they decide if a property will be more profitable as a short term rental vs long term rental?

    You’ve chosen a great city! Good luck. Please reach out if you have any questions.

  • Kristina Kuba
  • [email protected]
  • User Stats

    42
    Posts
    8
    Votes
    Replied

    I have a Palm Harbor 1,000 sq. ft. S-F-H, rented for $1,500, that I'm still working on external repairs and landscaping, that I'd like to sell soon. Also an 1,100 sq. ft. Dunedin S-F-H is next up for renovation and sale.

    User Stats

    73
    Posts
    35
    Votes
    Ryan Hamaker
    • Rental Property Investor
    • Tampa, FL
    35
    Votes |
    73
    Posts
    Ryan Hamaker
    • Rental Property Investor
    • Tampa, FL
    Replied

    Hi David

    I’ve been investing in the Tampa Bay market since 2009. We can connect sometime. 

    User Stats

    48
    Posts
    10
    Votes
    Replied

    @David B. Hey, David. Let me know if you found a good deal, as I can be an investor on the deal in that area.

    User Stats

    42
    Posts
    8
    Votes
    Replied
    Quote from @Amin Akhmadi:

    @David B. Hey, David. Let me know if you found a good deal, as I can be an investor on the deal in that area.


     Amin, how would you participate? What would you do with a $300k home in below average condition, but in a popular neighborhood, vacant or rented, free and clear?

    User Stats

    15
    Posts
    3
    Votes
    Carlos Flores
    • Wholesaler
    • Tampa, FL
    3
    Votes |
    15
    Posts
    Carlos Flores
    • Wholesaler
    • Tampa, FL
    Replied

    Hey David, 

    I'm an agent in the area, but I specialize in investment properties only. I've been fairly active in this area for the last year and I'd love to brain storm and share some knowledge with you about the area. I see this post is a tad bit old, but if you're still looking I am here to help. 

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    User Stats

    42
    Posts
    8
    Votes
    Replied
    Quote from @Jim Bob:

    I have a Palm Harbor 1,000 sq. ft. S-F-H, rented for $1,500, that I'm still working on external repairs and landscaping, that I'd like to sell soon. Also an 1,100 sq. ft. Dunedin S-F-H is next up for renovation and sale.

    David,

    The Palm Harbor home is now rented through July for $1,600. The redfin report for Palm Harbor S-F-H indicates an all time high median sale price, and a low one month's supply. Did you find something you like in our still hot market, #3 nationally in new residents?

    Jim