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Updated almost 9 years ago on . Most recent reply

User Stats

54
Posts
9
Votes
Justin Denham
  • Tampa, FL
9
Votes |
54
Posts

Tampa and Wesley Chapel seem sexy to me

Justin Denham
  • Tampa, FL
Posted

Hi all,

After a few months of reading books, blogs, BiggerPocket posts, free resources from every wholesaler and hard money lender I could find, listening to audiobooks, writing my business plan, searching out contractors to work with and beginning conversations with hard money lenders, I think I now know everything....j/k :) but I am ready to make the move on my first flip. 

My strategy, while not cosmic in nature, is to compound my initial investment.  I would like to take the profit from my first flip and purchase a buy and hold property.  I would like to take the capital expenditure from that first flip and purchase another flip.

My goal is to have the majority of my retirement come from Real Estate. After researching local markets, I feel Wesley Chapel is where I want to focus, especially for my buy and hold properties.  I am not as laser focused yet on the location for my first flip. .  I really want to flip a house in Seminole Heights as well, but think it's a slightly more risky area with a more limiting buyer base. Another area that intrigues me is Zephyrhills. I'm curious on thoughts about the greater Tampa market.

Most Popular Reply

User Stats

66
Posts
27
Votes
Joshua Sclafani
  • Investor
  • Tampa, FL
27
Votes |
66
Posts
Joshua Sclafani
  • Investor
  • Tampa, FL
Replied

@Adrian Smude Thanks for the offer, I'll be in touch.

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