Moving from Boston to Tampa metro area

[Marshall Hurley]

I just got the opportunity to move from Boston to working remote in FL. I settled on the Tampa metro area due to it being the 2nd biggest city with a young crowd while also not having the most expensive properties like Miami.

I'm looking to purchase a multi family to start and then grow from there. Has anyone had experiences doing this in the area and do you feel the cost of real estate is cheaper to justify moving and gaining a larger ROI?

Is there anything I need to be aware of with regards to the city or real estate market? I know it's heating up and I'd like to take advantage before I get priced out.

[Mya Toohey]

@Marshall Hurley

Tampa's market is HOT right now!!!! I work in Pinellas, Pasco and Hillsborough Counties. With what you are telling me, I think it would be smart to buy a Multi and live in one of the units. Do you have a property to sell or leverage to buy the new one? How much investing have you done already? If you don't currently have one, you would be able to use an FHA loan due to it being your primary residence and the insurance and finance rate is way cheaper than using a conventional loan at first. If you have any questions please feel free to let me know! Best of luck to you!