New Member in Tampa Bay Area

[Timothy DeCarlo]

Hello All,

   My name is Tim, I am a 26 year old Real Estate Investor living in Pinellas County, Florida. I buy and hold Multi-Family properties on the outskirts of Tampa Bay (Brooksville, New Port Richey, Sarasota, Plant City). I currently have 96 units and am about to close on an additional 78 units. I am a Licensed Agent in Florida and also like to do fix and flips with houses and smaller multi-family when time allows. I have grown up doing every aspect of this industry from maintenance to management and feel Real Estate is in my blood. I am very hands on in my projects and would not hire anyone to do a job I have not done before. Luckily, I have had a good set of mentors in real estate and I am hoping I can pass on my knowledge to anyone else that may need help or have questions. I look forward to becoming an active member of the site and learning more tips and tricks from others in the industry!

Thanks for all the good posts and podcasts that I have read/heard so far!

-Tim

[Timothy DeCarlo]

@Troy Norwood

I think that is a great strategy. Living for free will help free up a lot of money to start saving for another property. If you can get a Triplex or even a Quad there is good possibility you can even make money on it while living for free. I would strongly suggest looking at Homepath Firstlook properties as only owner occupants can make offers during the first Thirty Days. They only have a few multi-unit properties, but the advantage of being somewhere investors cant, makes it worth it. There are too many investors throwing cash offers out now a days to really be able to find a true deal on the MLS. I would also suggest taking advantage of the property appraisers website, you can do a quick search of any multi-unit properties that have not been sold in the last 20 years and send out letters to the owners, don't expect many replies, but its paid off for me before.