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All Forum Posts by: Jeff Morelock

Jeff Morelock has started 13 posts and replied 318 times.

Post: First vacation rental property, thoughts and advice appreciated!

Jeff MorelockPosted
  • Real Estate Agent
  • Milton & Pensacola Area, FL
  • Posts 357
  • Votes 169

Each of those small cities have their own ordinances regulating short term rentals. As discussed in other forum topics, neighbors don't really like short term rentals and are organizing to do what they can to stop them. 

Hotels and short term rental owners on our beaches had a bad summer because of a red tide outbreak in the Gulf. Just something else to think about that I don't think I've ever heard a guru mention. lol

But, that being said, the area is very popular. I'd also consider Gulfport (just across the inter-coastal waterway from St Pete Beach) It is a growing destination and is actually becoming a mini Key West.

Post: New Investor in Tampa Area. Good place to start investing?

Jeff MorelockPosted
  • Real Estate Agent
  • Milton & Pensacola Area, FL
  • Posts 357
  • Votes 169

The Tampa Bay market as a whole is a great place to invest, but be ready for the competition. Ya gotta be able to move fast these days in this area.

Post: New Investor with no idea which markets to invest in

Jeff MorelockPosted
  • Real Estate Agent
  • Milton & Pensacola Area, FL
  • Posts 357
  • Votes 169

Stay local at first. You LEO job may help you, afterall, if you work patrol you spend a lot of time driving neighborhoods. Not saying I ever jotted down address of vacant houses I saw or responded to trespasser calls - no way, no sir.

Post: Is a real estate license important?

Jeff MorelockPosted
  • Real Estate Agent
  • Milton & Pensacola Area, FL
  • Posts 357
  • Votes 169

For me my RE license is just another tool in my toolbox and another possible stream of income when I need it.

Post: Should I use a realtor?

Jeff MorelockPosted
  • Real Estate Agent
  • Milton & Pensacola Area, FL
  • Posts 357
  • Votes 169

Hello - why not use every tool you can to find deals? Its not easy in the Tampa Bay market. A Realtor does not, and should not, be you only tool.

Post: HELP!!! Is this a deal or a flop??

Jeff MorelockPosted
  • Real Estate Agent
  • Milton & Pensacola Area, FL
  • Posts 357
  • Votes 169

Do you have the $10-15K? That would be the first step. As far as subject-to negations there are whole courses, books, and podcasts here you'd have to read and or take. They are not the easiest deals to get done and/or wholesale.

Post: HELP!!! Is this a deal or a flop??

Jeff MorelockPosted
  • Real Estate Agent
  • Milton & Pensacola Area, FL
  • Posts 357
  • Votes 169

Not much there for a flip, but sounds like a subject-to deal you could keep for yourself or wholesale to an investor.

Post: Looking for Land Glicrest County Florida

Jeff MorelockPosted
  • Real Estate Agent
  • Milton & Pensacola Area, FL
  • Posts 357
  • Votes 169

Looking for 5 - 10 acres in Gilcrest County Florida.  

Post: Looking to connect with other investors in Tampa

Jeff MorelockPosted
  • Real Estate Agent
  • Milton & Pensacola Area, FL
  • Posts 357
  • Votes 169

Hey

Google Tampa Bay REI clubs - there's quite a few around here.

Post: What's Happening Indy? I'm Thinking About Leaving Florida

Jeff MorelockPosted
  • Real Estate Agent
  • Milton & Pensacola Area, FL
  • Posts 357
  • Votes 169

Thanks Ali - hoping to be up there soon