Newbie from Tampa, Florida

Newbie from Tampa, Florida

Property Manager · Tampa, FL · Member since 2020 · 13 posts · 16 votes

Hey everyone! I'm Marissa. I currently live in Valrico, and I grew up in Pinellas, so I'm pretty familiar with the whole Tampa Bay area. I recently fixed my credit, and I'm finally in a position where I can start looking in to real estate investing. I have a bit of money saved up, but I'm hesitant to buy anything with how questionable the market is right now; especially in this expensive of an area. Unfortunately house hacking isn't really an option for me at the moment either. In my research I of course have found Bigger Pockets and I've been listening to their podcasts and reading some books.

I would love to meet some real estate people in the area, even if it's just online. I joined Tampa REIA and I'm considering joining TBREIA (any maybe pro Bigger Pockets?) but I want to do a little more research on the benefits. If anyone has experience with these please let me know your opinions! Due to COVID I'm not finding as many options for networking as I would hope, so any other Tampa-based opportunities would be great too!

As of right now, I work in I.T. I've done tech support for a couple real estate related law firms and am currently in Business Processes. I also do a ton of web development on the side and I LOVE designing systems. Since I'm a little iffy on buying right now, I've designed a wholesaling website so I can still find some other people deals and learn about the systems/ARVs of the area. I know it's pretty competitive here though, so we'll see how that all goes! I'm learning Podio right now too, so if anyone needs help with their website or other systems I'd be glad to give you a hand. :)

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Real Estate Agent · Tampa, FL · Member since 2017 · 191 posts · 98 votes
6y

@Marissa Miles Hey Marissa! Welcome!

I think the first step is always education. Browse the blog posts, listen to the podcast, buy some books. Do anything to help you figure out what you want your strategy to be and if it is achievable in your desired area. 

Then, you can start analyzing deals even as practice and see what makes sense and what does not make sense for you. After that, find a good lender that will be able to get you into the right loan to make your goals possible.

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  • Solo 401k Expert · Anaheim Hills, CA · Member since 2012 · 18k+ posts · 6k+ votes
    6y

    @Marissa Miles

    Welcome to BP community! It is a great place to meet new friends and learn about various aspects of real estate and more.

    Read Beginner’s Guide to help you get started: http://www.biggerpockets.com/real-estate-investing

    Lots of luck.

  • Property Manager · Tampa, FL · Member since 2020 · 13 posts · 16 votes
    6y

    @Dmitriy Fomichenko thank you! I’ll check that guide out :)

  • Real Estate Agent · Tampa, FL · Member since 2017 · 191 posts · 98 votes
    6y

    @Marissa Miles Hey Marissa! Welcome!

    I think the first step is always education. Browse the blog posts, listen to the podcast, buy some books. Do anything to help you figure out what you want your strategy to be and if it is achievable in your desired area. 

    Then, you can start analyzing deals even as practice and see what makes sense and what does not make sense for you. After that, find a good lender that will be able to get you into the right loan to make your goals possible.

  • Realtor · PInellas County Largo, FL · Member since 2016 · 902 posts · 810 votes
    6y

    Welcome!  Always glad to see locals on here.  There's a ton of great info here so you can learn while you get comfortable with the market.  Or the market gets a little less hot!

    Those REIAs should definitely help you, too!

    Good luck!

  • Property Manager · Tampa, FL · Member since 2020 · 13 posts · 16 votes
    6y

    @Edgar Rodriguez - Yeah I'm always hesitant to make any major move without educating myself. My hope is by making some industry friends I'll be able to prevent myself from over-educating and not taking action. Hahaha

    I'm a very analytical person, so I love digging into data and numbers on things. I'm reading the Rehab Estimates book from BP right now and looking in to some case studies so I can see how the real numbers shake out. 

    @Dan Maciejewski - Thank you! Haha it seems almost everyone I meet in the area is originally from out of state! I tried moving away to Maryland for a couple years and I just couldn't stay away! It's such a beautiful area to live. Besides, I missed all the sun.

  • Rental Property Investor · North Palm Beach, FL · Member since 2018 · 2k+ posts · 1k+ votes
    6y

    @Marissa Miles

    Great to have you hear. We are actively purchasing larger multifamily in the Tampa area and run a Multifamily Meetup. If you are interested in joining, please DM me.

  • Property Manager · Tampa, FL · Member since 2020 · 13 posts · 16 votes
    6y

    @Charles Carillo - I would love to check out your meetup! I'll shoot you a DM as soon as I figure out how to do that haha

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