All Forum Posts by: Jorge Vazquez

My Edreco, I want to stay optimistic, but after 20 years in the business, I see a few concerns with your strategy—especially buying condos. Right now, condos are a big no-no. They're like mini-dictatorships; even after you pay them off, HOA fees keep piling up, and it starts feeling like a timeshare.

Miami, while beautiful, isn’t known for cash flow unless you have deep pockets to buy beachfront properties and can afford to take losses while waiting for long-term appreciation. Moving from Tampa to Miami for cash flow might feel like moving backwards.

There’s so much to discuss and so much I could share with you. Once you lock in a strategy, don’t overthink it—overanalyzing is every investor’s worst enemy. If you’re ready, let’s chat anytime. I’d love to help guide you through this!

Inbox me what you have! 

 Nice I have worked with a ton Canadians in the past! 

Hi Chris,

My advice would be to start by doing your own research. There are plenty of websites that can give you a good idea of property values in your area. Additionally, take some time to drive around your neighborhood and gather information on recently sold properties within a mile radius. A straightforward way to estimate value is by looking at the price per square foot and using that to calculate your property's worth.

In situations like this, it's worth spending a couple of hours yourself to get a solid understanding of the market. Keep in mind that many responsible agents tend to be conservative with their valuations, especially in today’s market, where properties aren’t moving as quickly as they once did.

If we’re in a conservative market, pricing on the lower end may make sense, but it’s always good to weigh your options carefully. I’d rate this as a 3 out of 10 in terms of the best time to sell—it’s not the worst, but it’s not ideal either.

Hope this helps!

PS: I guess the best agent will be the closest to the actual price once you do your research!

Hi Byron! Making your Airbnb stand out is all about keeping it simple and smart. Set up a basic system to manage your listing, update it monthly, and always ask guests for feedback—and don’t forget to casually ask for that 5-star review! Focus on long-term guests, like corporate clients staying 30+ days, because it’s easier and brings steady income. You can even connect with local HR teams and offer small referral bonuses to get more bookings. Stick to durable, affordable furniture, and you’ll have your Airbnb running smoothly and raking in solid income in no time!

Very nice to meet you, my friend! I own 32 properties myself and have bought and sold over 300, including a few apartment complexes. I’m here to guide you through the process and help with whatever you need. Just let me know!

Hey my friend, this is Jorge Vazquez the CEO of Graystone Investment group send me any deals. You might have. Let's connect.

I will inbox you. 

Hi Tal,

In my 20 years investing in Tampa, I’ve learned that finding areas with strong cash flow potential makes all the difference. Some top spots in the city to consider are Seminole Heights, West Tampa, East Tampa, and the University area near USF. For suburbs, Riverview, Brandon, and Lakeland are growing quickly, while Thonotosassa and Clair-Mel stand out as affordable options with solid returns.

These are just a few ideas to get started. Let me know if you want to explore more—I’m here to help!

Jorge

Hi Rachel, first off, sorry for your loss, but it’s great you’re exploring ways to build passive income. Based on my 20+ years of real estate experience, I’d say renting the condo might not be the best option—$2,000/month rent minus $800 in condo fees leaves you with just $1,200 before taxes and maintenance, and seniors' condos can be tricky to rent. Selling it for $500K and combining that with your $100K could give you more options, like buying a single-family rental or a lake property that generates better cash flow. You could also take out equity if you want to keep the condo and use that for another investment, but I’d be careful about over-leveraging. Feel free to message me if you want to dive deeper—I’d be happy to share what’s worked for me!