All Forum Posts by: Jorge Vazquez

HI Quintin, Email me the questions here [email protected]

9801 Lamantin Dr, Port Richey, FL 34668

Single-family: 3 bedrooms, 2 bathrooms

Year built: 1973, Size: 1400 SF

Investment strategy: Rental Property

RARE OPPORTUNITY TO PURCHASE A 3/2/2/ POOL HOME WITH A VERY ATTRACTIVE PRICE...NEEDS SOME TLC BUT WELL WORTH THE EFFORT...This SPACIOUS WIDE LINE RANCH HAS BOTH LIVING AND FAMILY ROOMS, SPLIT BEDROOMS, A VERY WORKABLE KITCHEN WITH A LARGE BREAKFAST BAR OPEN TO THE FAMILY ROOM ( perfect for entertaining), A LARGE MASTER BEDROOM WITH IT'S OWN BATH... AND AN INCREDIBLE 30 FT SCREENED PORCH LEADING TO THE SCREENED POOL AREA...SUCH A GREAT LAYOUT...Additionally, IT HAS NEW SCREENING AROUND THE POOL, A NEW WATER HEATER, AND NEW REFRIGERATOR.......HURRY!, THIS WON'T LAST LONG...

Graystone Investment Group is a Real Estate investment firm designed to help new and seasoned investors find, rehab and manage investment properties in Tampa Florida. We have researched the Tampa area neighborhood-by-neighborhood to determine where investments are likely to have the highest return.  

We also keep you up to date with Videos of new properties we’re working on as well as Investor Testimonials, where we let the excitement of each investor-speak for itself.

Get access to more information and off-market deals before they get listed at https://homes4income.com/investor-profile

Awesome @Michael Onuigbo , let me know how I can help. 

The most experienced real estate investors often diversify their real estate portfolio and invest using two or more methods to make money investing in real estate by purchasing, flipping or leasing properties, and selling properties.

Here are six of the top ways to make money with real estate, which everyone interested in real estate investing should consider.

Related: 6 Top Reasons You Should Invest in Real Estate

#1 Single-Family Rental Properties

One of the best ways for people to begin investing in real estate is to invest in a single-family rental property.

Most importantly, you can focus all your time and energy into one project. Finding, purchasing, rehabbing, leasing, and managing a single property is much easier than a property that houses multiple families or businesses.

Secondly, the risks associated with a single-family property are much lower than a multi-family property, mostly because you are dealing with a smaller property and just one family unit. So your liability is limited, especially compared to a large apartment or office complex.

#2 Multifamily Rental Properties

Once you’ve gained experience investing in single-family homes, you may want to bump up to multifamily rental properties, such as duplexes, triplexes, condos, and apartment complexes.

The biggest benefit to owning a multifamily property with upwards of fifty units is that your potential for profit is much higher than single-family properties. Instead of just one family paying rent, you have multiple payments coming in each month. Plus, leasing and maintenance staff can be centrally located, reducing expenses associated with managing single-unit properties spread throughout the city.

#3 Flipping Houses

While there is significant potential for investors to reap large profits, the process of house flipping is much more complicated than glamorous TV shows make it look.

The reality is that buying, rehabbing, and selling investment properties is a great deal of work, with the potential of losing money on a deal if costs skyrocket due to “unforeseen” problems with a rehab.

The best house flippers are real estate experts in at least one field, which can include real estate sales, construction, and finance.

Related: Tampa – St. Petersburg, Florida 2016 Flipping Rates Were 4th Highest in The U.S.

#4 Wholesaling Properties

Wholesaling investing properties is one of the ways to profit from investment real estate without spending any of your own money.

Real estate wholesalers work exclusively to secure deals for real estate investors who purchase the properties.

In some cases, real estate wholesalers buy the properties before selling them to an investor. But often times, wholesalers assign contracts to investors, whereby they are able to avoid the expense of buying and reselling the property.

#5 Vacation Rentals

Vacation rentals are another great opportunity for beginner real estate investors because they are dealing with a single-family property. Though the return isn’t always as high on a vacation rental, there are other appealing benefits.

For many investors, vacation rentals allow them to have a place to vacation a few weeks during the year, while also generating a profit the rest of the year. Furthermore, vacation properties can have financial and tax benefits, not available with rental property the owner never occupies.

#6 Commercial Buildings

The commercial real estate consists of properties the owner rents out to businesses, which includes “mixed-use” buildings.

Many benefits of investing in the commercial real estate are similar to the residential real estate, although additional benefits include:

• Potentially higher income.
• Building professional relationships via a public presence, such as owning an arena in a large city.
• Advantageous lease terms, such as triple net leases.

BY JORGE VAZQUEZ

Everyone wants to retire someday, and a lot of people want to retire early. One of the best ways to achieve retirement goals is to generate cash flow profits by investing in rental properties. That’s why millennials are choosing to invest in real estate above stocks.

So, if you’ve been thinking about investing in real estate, here are 10 reasons rental properties are a good investment.

Related: Cash Flow is King with Real Estate Investing

#1 Rental Properties are a Tangible Asset

When you put money in the stock market, all you get is a digital receipt for the mutual fund or individual stock you purchased. You can’t see or touch your asset. And, you can’t talk to the CEOs of companies in which you have invested, unless you are a zillionaire.

Investing in rental property is the opposite. You can see and touch your investment. And, you can talk to the top person in charge (i.e., CEO), because you are that person.

#2 You’re in Control

When you invest in stocks, bonds, and mutual funds, you’re trusting other people to make the right decisions. Unfortunately, poor decisions are sometimes made, and investors lose a lot of money.

With rental properties, you’re in complete control of your investment. You choose whether to use a management company, which you can hire and fire at will. You can also select the tenants, write the lease agreement, set the rental price, and maintain the property to your standards.

#3 The Ability to Leverage Your Money

Real estate is one of the only investments you can buy without any money, and pay for with other people’s money. Furthermore, real estate can be leveraged to purchase more property and grow your portfolio more quickly.

With that said, we always recommend that clients put money down on properties they purchase and maintain a healthy contingency fund.

Related: How to Pay for Your Kid’s College Education with Real Estate

#4 You Can Hustle for Higher Returns

When you purchase a stock, other people are in charge of generating profits, and you are just along for the ride. With real estate, though, you have numerous opportunities to create appreciation and increase your profits.

Forced appreciation results from adding value to a property, such as renovating it. One way real estate investors can force appreciation is to hire a management company that suggests and implements improvements that force appreciation, resulting in higher property values, higher rental rates, and increased profits.

Related: Increase Your Real Estate Profits – Use A Property Management Company

Experienced real estate investors who invest in multifamily properties have even more options for forcing appreciation, compared to single-family homes. A relatively small change to a multifamily property can add value affecting multiple families, not just a single family, resulting in forcing more appreciation on a per family basis.

Related: 5 Important Reasons to Invest in Multifamily Real Estate

#5 Demand for Homes

There will always be a demand for homes, and a demand for rental property. Although styles come and go, and properties are updated every few years, the demand for a place to live will never go away.

Furthermore, younger generations prefer to be mobile, often choosing to rent over buying a home, which will continue to increase demand for rental properties.

#6 Job Security: Rental Homes Won’t be Automated into Extinction

As we continue making advances in technology, many people are losing their job due to automation. But real estate investors will never be replaced with a computer. Computers aren’t going to own rental properties.

#7 There’s Something for Everyone

There is a great deal of variety in real estate. You can invest in single-family homes, multi-family homes, apartment complexes, office buildings, and several other types of real estate. There are properties for every level of investor, from the novice to the corporate real estate investor.

#8 You Can Live Anywhere

One of the biggest benefits of real estate investing is that the owner can work remotely. Unlike other professions, real estate investors can work and live anywhere, no matter where their properties are located.

Retired investors, especially, like the idea of owning investment real estate in several areas of the world, so they can travel and visit their properties. And, other investors like the freedom to travel and live anywhere, while their rental properties generate monthly cash flow profits.

#9 You Can Get Great Deals

Some people are driven to find great deals, no matter what they are buying. Real estate, whether flipping houses or buying property to rehab and lease to tenants, is perfect for people who live to find the next deal.

The best real estate investors often purchase property well below market value, renovate it, and flip it for a profit.

#10 Different Ways to Profit

In real estate, there are several ways to profit, such as cash flow, appreciation, and tax benefits. Rental property investors allow tenants to pay for their investments while banking monthly profits, and later sell the property for additional profit.

The best investors often combine several methods of generating profits that result in a lifetime of cash flow, and a lucrative inheritance for future generations.

The Tampa Bay Business Journal it is one of the best ways for sure. I personally use the local Facebook groups with relevant information to keep me updated. If you are seeking for "out of state investors" or "foreign national investors" this information is vital to have! 

Tampa 5 – 10 Years in the Future – Economic Investment

August 17, 2018 By Jorge Vazquez

Tampa is already considered one of the best cities to live in the U.S., with plans in place to make it even better. Tampa Mayor Bob Buckhorn has been an advocate for the development, and economic investment for the area and his efforts are bringing results.

Development Projects in Tampa

Over the past few years, Tampa has experienced higher rates of real estate investment, especially in large community projects. Public and private projects were undertaken to give a boost to the city and surrounding communities while attracting tourism and new residents. Fox 13 news gave us a look at a virtual tour Tampa released recently that gives a good idea of what Tampa could look like in 5 – 10 years, if the existing and pending projects are completed as intended.

What’s Expected 10 Years from Now?

Many projects are ongoing right now, but some of the largest are set to have a huge impact on the way things are done, and what people enjoy about the city. Here are a few of the most notable projects in the works that are set to be completed within a few years:

Sparkman Wharf: The rendering of the new Sparkman Wharf shows it will be a modern outdoor park space with plenty of shops, outdoor eating areas, and other small attractions. One of the main highlights is meant to be the large outdoor biergarten. This project is near its completion and should open up in late 2018.

Water Street Project: This is a public project that will help to connect many of Tampa’s attractions and facilities together via walking paths, 13 acres of public park, gathering areas, and other outdoor infrastructure. Other privately funded buildings are also being constructed around the area. Tampa’s first 5-star hotel is being built as part of this project.

Ybor City Stadium: While currently delayed because of funding, this new $890 million stadium in Ybor City could be the next home of the Tampa Bay Rays. It’s set to be a gorgeous modern stadium with a clear glass roof, fantastic pedestrian areas, and sliding glass walls. If plans can be made for the Rays to adopt the stadium, it could be finished by 2023.

Midtown Tampa: Located just between North Dale Mabry and I-275, this multi-use project features a variety of open spaces. Plans include office spaces, residences, retail shopping areas, restaurant spaces, and entertainment venues. So far, the biggest commitment has come from Whole Foods, which plans to occupy a large retail space as the anchor store. The project is set to open in 2021.

St. Petersburg Pier: With the demolition of the old St. Petersburg Pier, the new pier is now being constructed. From renderings shown in the virtual tour, the pier is likely to contain entertainment spaces, park space, and more. Construction is set to be finished sometime in 2019.

Gateway Express: This tolled highway will help to ease traffic moving around Tampa, while making it easier to get to some of the major spots in the city. From the Gateway Express, you’ll be able to access the new St. Petersburg Pier as well.

Take Away

Tampa is in the midst of large-scale change. Within the next 5 – 10 years, the 6 projects listed here should be completed. Tampa’s virtual tour of the future shows an attractive picture of what the city could look like, which may help you visualize it better while the construction is still ongoing.

#1 Create a Strategy and Plan Your Goals

One of the most important things to do when you start thinking about real estate investing is creating an overall strategy.

Begin by understanding your financial goals. Know what you expect your investments to deliver in terms of finances, while remaining mindful of the long-term and short-term advantages of real estate investing.

While creating your investing strategy, think about the purchase price range, as well as the cash investment needed for each property. Also try to formulate a general holding period and exit strategy, while also deciding whether to work with industry experts to manage your properties and real estate investment portfolio.

#2 Educate Yourself with a View Toward Action

Educate yourself toward profitably investing in real estate, or else your education will turn into a hobby.

Attending seminars, buying books, and watching videos can help. However, these educational tools should be used with precise goals in mind. Don’t be caught in the trap of endlessly buying books and courses without putting your knowledge into action resulting in profiting from real estate.

#3 Look at Numerous Properties

When you start investing in real estate, you don’t have experience finding, buying, rehabbing, and flipping or leasing properties to tenants. So, take time to understand your local real estate market from an investing perspective.

Look at numerous properties before they sell, and observe them through the process of rehabbing, flipping, and leasing to tenants. In time, you will develop an eye for properties that meet your investing criteria, and you’ll be ready to purchase your first property.

#4 Don’t Postpone Investing by Looking for the Perfect Deal

Real estate investors are tempted to look for the perfect deal, especially when first starting to buy investment properties. But this idea of a perfect deal can paralyze investors to the point they never buy a property.

Rather than trying to find the perfect deal, try to find deals that fit your investment strategy, while being mindful that no deal is perfect.

#5 Make Decisions Based on the Numbers

Your real estate investing strategy should include the financial parameters by which you determine if a property is worth purchasing.

Your strategy may include details about:

• Purchase price range.
• Investment cash needed for repairs and upgrades before leasing to tenants.
• Financing strategy for the short and long terms.
• Bargain purchase (the percent under fair market value a property must be purchased).
• Immediate value increase (the percent in increased value you expect after making initial repairs and upgrades).
• Geographic area.
• Net income.
• Cash flow.
• Net cap rate (annual net income/total value).

When you find a potential investment property that fits within the guidelines of your real estate investment strategy, you can pull the trigger based on the numbers rather than emotions and personal preferences.

#6 Don’t Buy from Unmotivated Sellers

Motivated sellers are usually willing to work with buyers, so focusing on finding motivated sellers can result in making great deals as a real estate investor. As a general rule, then, you don’t want to buy properties from unmotivated sellers.

Finding motivated sellers is not as hard as it may seem, though it takes some work. Great ways to find properties for sale by motivated sellers include:

• Real estate investors who are liquidating their portfolio, especially if they are having financial difficulties.
• Homeowners entering foreclosure.
• Properties that have been on the market a few months.
• Properties for sale that need repair.
• Buy from real estate wholesalers who specialize in purchasing properties from motivated sellers, then resell the property to investors at a discount from retail price.

#7 Don’t Neglect Your Other Businesses

Many real estate investors have other businesses. For them, real estate is an investment like stocks and bonds. They don’t work full-time in real estate, and focus most of their attention on existing profitable businesses.

Real estate investors who rely on other businesses for their livelihood must be careful not to become obsessed with real estate. These investors typically use industry experts to find, buy, and manage their real estate holdings. They can, therefore, focus on their existing businesses while starting and growing a real estate investing business.