All Forum Posts by: Chris M.

@Chris McClain, Hello, near where we live on the Hillsborough River is a big complex behind the Home Depot store on Bush and Florida Ave. If you Google the address and select the Zillow.com link you will see all the condos in there that have been sold and the one for sale which is a 2/2. There is also one that was Foreclosed that is 1/1 and you can get a comparison of the rents for them. Here is the link

http://www.zillow.com/homedetails/302-E-Whitehall-...

If you are targeting 1/1 and 2/2 condos to rent as an investment, then, why not just buy a Motel? Or target one complex that has a few for sale? Kind of a unique idea to have all your rentals in one place, if you could Buy at big discounts and the complex was not too old and ready for a Special Assessment to replace big ticket items like the roof etc. Be selective with your Tenants...can't tell you how violent that mine have become and my neighbor, Mark, has six, paid off houses near the one I am selling in S. Tampa and he is selling all of them. We both have had S. Tampa rentals for over 30 years and we both are fed up with the Tenants. The house on the corner just rented to two young couples with kids and they came over and stole all the furniture I was storing in the carport and came back with hand cart to try and steal the new AC compressor I just installed. Then, they went across the street to Mark's house  in the back as both of our houses are For Sale and empty. The other neighbors son saw them told the family in front. Mark's son is a Sheriff who lives behind my house and there is nothing we can do about these thieves. Unless there is Violence, the Police in Tampa will not even take a Report for Vandalism and will tell you that it is a Civil Case if you have a witness and the damages or loss is over $300. I don't even call the Police anymore. They have really bad attitudes and won't protect your property rights.