All Forum Posts by: Justin Denham

Bob Conover at Conover A/C in Valrico is phenomenal.  Use him for all my personal work.

Wow.  Thanks! @Joshua Sclafani.   I travel for work every week, but would love to meet up for coffee on a Friday or weekend sometime in the near future.

@Joshua Sclafini thanks for the insight on Seminole Heights.  That's a great point about high demand and low inventory there....probably not the best recipe for success.  I am curious about your comp approach there.  I am looking at a property there and running my numbers.  My big concern is that the numbers make sense, but the property is not a bungalow.  I feel like non-bungalow properties there don't have near as much appeal as the bungalows, but the only recent comps I can find are bungalows.  Thoughts?

@Michael S., that's good advice. So many of the new communities in WC are very HOA and CDD heavy. I will make sure to build that into any potential rental numbers before touching them. Thanks!

Hi all,

After a few months of reading books, blogs, BiggerPocket posts, free resources from every wholesaler and hard money lender I could find, listening to audiobooks, writing my business plan, searching out contractors to work with and beginning conversations with hard money lenders, I think I now know everything....j/k :) but I am ready to make the move on my first flip. 

My strategy, while not cosmic in nature, is to compound my initial investment.  I would like to take the profit from my first flip and purchase a buy and hold property.  I would like to take the capital expenditure from that first flip and purchase another flip.

My goal is to have the majority of my retirement come from Real Estate. After researching local markets, I feel Wesley Chapel is where I want to focus, especially for my buy and hold properties.  I am not as laser focused yet on the location for my first flip. .  I really want to flip a house in Seminole Heights as well, but think it's a slightly more risky area with a more limiting buyer base. Another area that intrigues me is Zephyrhills. I'm curious on thoughts about the greater Tampa market.