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Updated almost 9 years ago,
Looking for wholesaler's in Tampa Bay Area
New investor. Existing business owner. Leveraging part of our business to fund rental properties In tampa Bay / St Petersburg, Florida and expand our overall business with long term rentals. Our existing business in unrelated to RE.
Signed first contract on property in South St Pete. $38k whole sale deal, 2/1 650 sq feet. closing is scheduled next Friday. Cash deal.
Looking for more of those similar type of property's. Cap is 14-16% depending if we use property management with expected rent between $700-800 per month.
We expect to purchase 1 of these per month moving forward, cash up to $75k but ideally less then $50k, with little worked needed and strong cap potential in Tampa / St Pete area.
Please email me if you are in the local area, a wholesaler or have contacts for what we are looking for.
Thanks and hope everyone has a great day.