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All Forum Posts by: Joseph Stern

Joseph Stern has started 23 posts and replied 267 times.

Post: Is 20% CoC and low money down possible in st Pete?

Joseph SternPosted
  • Investor
  • Tampa, FL
  • Posts 287
  • Votes 152

Hey Damian, I will be running some off market campaigns for rental property in Pinellas county for deals similar to that criteria. Let me know if you're interested, I can shoot some leads your way.

Post: Out of state investing

Joseph SternPosted
  • Investor
  • Tampa, FL
  • Posts 287
  • Votes 152

Hey Humaira, I know a married couple that the wife is an investor friendly realtor and the husband is a GC in Memphis for almost 30 years. DM me if you're interested.

Post: Condition of STR

Joseph SternPosted
  • Investor
  • Tampa, FL
  • Posts 287
  • Votes 152

Hey David, just depends on your appetite and schedule. If you're a busy guy and just want to put your money into something and start getting rent asap, a more turn key solution may work for you. If you have more time on your hands and want to get experience with a rehab or BRRRR situation which ultimately will get you more equity, then that is the way to go as long as you have the time, money, and energy. STR or not it does not matter, you can add value or go turn key no matter the rental type from 100 unit apartment building that is turn key to a value add storage facility.

Post: General Contractors in Tampa, FL

Joseph SternPosted
  • Investor
  • Tampa, FL
  • Posts 287
  • Votes 152

Hey Jon, I'm a broker and investor in the area. I'm actually in the middle of my getting my GC license I have 2 exams left, would love to connect for future projects. I'm mostly getting the license to assist with personal investments but I'm sure we have some synergies. 

Post: Looking To Connect!

Joseph SternPosted
  • Investor
  • Tampa, FL
  • Posts 287
  • Votes 152

Hey Kiara, I have one in Tampa. Felix Montanez of Rocket Title and real estate attorney services. 

Post: STR Friendlier Cities?

Joseph SternPosted
  • Investor
  • Tampa, FL
  • Posts 287
  • Votes 152

Tampa only requires you to pay an annual business tax to the city and a "7 day minimum." It is a great place for a second home with nice weather and a booming economy.

Hey Flue, Tampa is very STR friendly and they perform quite well year round. If you purchase them cash, add some value, and rent out for a few years, you can build some nice equity while creating cash flow for yourself along the way.

Post: Strategies for this area

Joseph SternPosted
  • Investor
  • Tampa, FL
  • Posts 287
  • Votes 152

Hey Travis, for a BRRRR an ADU conversion could definitely be a great idea, or find property zoned multi family, tearing down and building ground up will build you a lot of equity in St. Pete if you deliver a great product.

Post: New Investor Looking for 2nd Property as a House Hack

Joseph SternPosted
  • Investor
  • Tampa, FL
  • Posts 287
  • Votes 152

Hey Robert, I'm a broker in Tampa and I house hack myself. I primarily work with investors, especially one's looking to house hack or buy multi family. I've done a lot of different deals in Tampa and know the area very well, I would love to connect.

Post: Looking for a CPA that can help with tax strategy as well as tex prep

Joseph SternPosted
  • Investor
  • Tampa, FL
  • Posts 287
  • Votes 152

Hey Jack, I recommend Rob Montgomery in Parrish FL outside of Tampa, he is very knowledgable on working with real estate investors. 

https://affordableaccountingparrish.com/