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Updated 8 months ago, 05/22/2024
New to REI in South Florida
Hello Everyone
My name is Adam and I am new to real estate investing, having started listening to the BP podcasts as well as reading some books over the past few months. I am planning on moving to the Tampa/St. Petes area in the late summer/early fall. I am a health professional, and currently in discussions with a few job prospects in Florida for a new position, but I have yet to sign a contract.
I am hoping to begin a buy and hold real estate portfolio through house-hacking. I’m ideally looking for a small multifamily property in the Tampa/St. Petersburg market, but I’m open to single family homes as well, if I can find a good deal. At this point I have enough saved up for a down payment and I am starting the process of acquiring financing through the investor-friendly lender tool on BP. I am not too familiar with the area but I would like to avoid lower class neighborhoods as to attract young professionals. I would appreciate any recommendations on desirable/up and coming locations and ones that best be avoided. I’m also looking to connect with investor-friendly lenders and agents in the area.
My short-term goals are to purchase one property a year for the next 3-5 years through house hacking but I am also interested in learning about and pursuing other strategies in real estate investing. I’d love to meet investors, agents, wholesalers and anyone in the Florida market willing to share any knowledge about investing in the area. Thank you!