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Updated almost 6 years ago on . Most recent reply

User Stats

8
Posts
5
Votes
Thomas Pollard
  • Investor
  • Fort Walton Beach, FL
5
Votes |
8
Posts

Starting out in Fort Walton Beach, FL

Thomas Pollard
  • Investor
  • Fort Walton Beach, FL
Posted

Hi all, my name is Tom Pollard I'm currently a buy and hold investor in Fort Walton Beach, FL.  In the past year I've purchased a couple REOs  and managed to get one rehabbed and rented out while the second is on hold due to some unexpected work obligations.  

The first property has appreciated nicely and I plan on financing it in the next month or so. Thanks to the bigger pockets calculators I can see it will still cash flow! My next move is to use the money I pull out of the first property to provide down payments on another SFR for buy and hold as well as a condo or townhome for a short term rental.

The biggest challenges I've found so far are finding reliable contractors to complete the rehabs and managing long distance.  

In my spare time I love offshore fishing and enjoying the beautiful beaches of the FL Panhandle, if I anyone would like to trade fish filets for handy man work, please let me know!

  • Thomas Pollard
  • Most Popular Reply

    User Stats

    8
    Posts
    5
    Votes
    Thomas Pollard
    • Investor
    • Fort Walton Beach, FL
    5
    Votes |
    8
    Posts
    Thomas Pollard
    • Investor
    • Fort Walton Beach, FL
    Replied

    @Travis Rasmussen

    I where can I find your STR 101? I'm sure I'd glean lots of good info from it. Hopefully you reveal where to find cheap/quality towels!

    What Florida markets are you currently in?  

  • Thomas Pollard
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