All Forum Posts by: Daniel Sherman

@Jon S. We’re moving to Tampa in two months and will be looking for the same. We have a good realtor and broker and would love to share advice/contacts. Would you be willing to let me know who you find?

Dan

Greeting all,

We’re selling our home in a few weeks and feel our realtor is lowballing is on the list price. Even though we put on a new roof and completely new kitchen with mid-high end finishings, he said he’d list it for the same amount as before all the work. We feel he is trying to just move the house fast since the market in our area is so hot. To him, the difference of $30k in the sale is small as his commission will likely top $24k anyways.

We’re looking for an appraiser who knows the area and is able to consider the difference between high end marble and ceramic, for example.

Please message or post any suggestions.

Thanks,

Dan

My wife says I’m crazy, but I’d like to do something a bit different for our open house. We’re selling our primary residence very soon and will be heading to Tampa. I’d like to have a BBQ with burgers and such during the open house out back. Our back yard is hardscaped and landscaped for entertaining. My idea is to:

1. Showcase how great the yard is for hosting

2. Maybe get some feedback from potential buyers

3. Absorb some of their free time. Homes in our area sell in a week. If buyers are spending time here, they’re not at other open houses. Sounds a bit devious when I write it down, but free food and drinks are hard to pass up.

What do you all think?

Dan

@Jeff Grove

Jeff, thanks again for the info and quick response. We are fresh to the RE world and have lots to learn.

Dan

@Jeff Grove

Thank you to you both for your quick response and insight. To Jeff, we were thinking our residence would need work, but livable but the other “investment” property could be much worse.

I did hear on BP podcast a couple weeks ago of doing financing and buying “like cash” if you have the money in the bank to cover full cost. Not sure of the details on how that works though.

Dan

Greetings all,

My wife, daughter and I are moving to Tampa in July from Northern Virginia. We’re selling our home and will have over $300k in equity to use. We’re very new to RE and could use some advice.

We rehabbed our home, top to bottom, and did 99% of the work ourselves. This had a substantial impact on the value of the home while limiting the amount we spent. Bottom line, we’re willing and able to improve a home without needing to drop a ton of cash.

We’re debating on a few options in Tampa and would like to hear from you all.

1. Get a single family fixer-upper and finance with VA loan. Buy a multi-unit that needs work (preferably 4+units) with the equity.

2. Buy a 4+ unit and live in one while fixing the others.

3. Buy multiple single family homes to rehab and BRRRR/vacation rental.

Ultimately, I know the right thing depends on the numbers, but we’re looking for a focus more than a hard line plan.

So, what would you do?

Dan