New Investor Seeking Fourplex Investment Insights in Tampa Area

[Isaiah Cortez]

Hello Tampa Real Estate Community,

My name is Isai Cortez, and I'm eager to deepen my involvement in the Tampa real estate market with a specific interest in acquiring a fourplex by July 2024. I'm reaching out to this knowledgeable community to connect with fellow investors and real estate agents who can offer insights, share experiences, or point me towards potential investment opportunities in the area.

A brief introduction: I recently embarked on my real estate investment journey with the purchase of a property in California, April 2024 for $180,000, applying the BRRRR strategy to maximize its value. My father resides in this property and is managing the flip, leveraging his extensive experience in property renovation.

Financially, I bring to the table a stable annual gross income of $270,000 from my successful healthcare company, which will continue to support my real estate endeavors. I have allocated $250,000 in savings specifically for investments, aiming for a conservative down payment of 3.5% to 5%, depending on the deal and financing terms.

I am planning a visit to Florida in June to scout properties and gain a deeper understanding of Tampa's neighborhoods, including the greater tampa area. This visit is crucial for me to grasp local market nuances firsthand. I am open to properties that may require minimal renovations if the deal aligns with my investment criteria.

My long-term plan is to scale my portfolio deliberately, ideally acquiring multiple properties within the next 1-2 years. I am looking for guidance on navigating Tampa’s real estate market, insights into specific neighborhoods, and information on available multifamily properties. If you are an agent or investor interested in exploring potential opportunities or partnerships, I would be thrilled to connect.

I look forward to any advice you might provide and am excited about the prospect of potential collaborations.

Thanks everyone!