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All Forum Posts by: John Vitta

John Vitta has started 18 posts and replied 41 times.

Post: House Flipping and The 70% Rule

John VittaPosted
  • Investor
  • Clearwater, Fl
  • Posts 48
  • Votes 18

Hello BP community

Are house flippers still using the 70% rule to evaluate if a property is a profitable flip? Especially in the Tampa Bay, Florida area.

Post: New real estate agent/investor seeking advice

John VittaPosted
  • Investor
  • Clearwater, Fl
  • Posts 48
  • Votes 18

Hi Antonio, congratulations on obtaining your license and getting into the real estate world. Are you already with a brokerage? If not I would suggest finding a brokerage that is investor friendly and find a mentor within that brokerage. I also suggest going to local meet ups to connect with other investors and agents in the area, its a great way to start and network. Reach and and connect with me for any other help. I'm actually going to a meet up tonight that I found here on BiggerPockets. Good luck!

Post: Looking for local advice - Pinellas County, FL

John VittaPosted
  • Investor
  • Clearwater, Fl
  • Posts 48
  • Votes 18
Quote from @David B.:

Hello All-

I am looking to connect with people in the Clearwater, FL area. I am an out-of-state investor looking to buy SFH or small Multi-family properties in Pinellas County.

Open to connecting with agents or other investors at this point. Really looking for some general advice and someone to brainstorm or even partner with.

Thanks in advance.



 Hi David

I'm an investor working on a fix and flip business in Clearwater, I would love to connect!

Post: Current Skip Tracing service

John VittaPosted
  • Investor
  • Clearwater, Fl
  • Posts 48
  • Votes 18

What skip tracing service are investors using to find contact info for potential sellers?

Post: Skip Tracing service

John VittaPosted
  • Investor
  • Clearwater, Fl
  • Posts 48
  • Votes 18

What skip tracing service are wholesalers and flippers using these days?

Post: New to BP looking to connect

John VittaPosted
  • Investor
  • Clearwater, Fl
  • Posts 48
  • Votes 18

Welcome to BP my friend!

Post: Cash flowing long term rentals

John VittaPosted
  • Investor
  • Clearwater, Fl
  • Posts 48
  • Votes 18

I agree Zachary, this why I am asking for some opinions. Thanks for the incite!

Post: Cash flowing long term rentals

John VittaPosted
  • Investor
  • Clearwater, Fl
  • Posts 48
  • Votes 18
Quote from @Zachary Bliss:

@John Vitta It's very hard in Tampa or St Pete currently, but over in Bradenton there are some good options as well as Lakeland/Winterhaven. Bradenton seems to have higher rents but same price point as Tampa, whereas Lakeland and Winterhaven have lower price points and comparable rents.

I think the best route currently is to try and find properties that would work for a short term or mid term rental currently with the prices being so outrageous in the hot areas of Tampa and St Pete. 


Post: Cash flowing long term rentals

John VittaPosted
  • Investor
  • Clearwater, Fl
  • Posts 48
  • Votes 18

Has  anyone been finding any cash flowing long term rentals in the Pinellas and Hillsborough (Tampa Bay) County areas recently?

Post: Financing with Multiple Partners

John VittaPosted
  • Investor
  • Clearwater, Fl
  • Posts 48
  • Votes 18
Quote from @Kiuny Perez:
Quote from @Kristina Kuba:

@Kiuny Perez 

I would recommend Avvo.com to find savvy, real estate attorneys that can put together a Joint Venture agreement. Also, depending on how much protection you want, you should each have your own attorney representing you to then work together to create the joint venture agreement.

Start with the end in mind. How long will you hold the property? What if one partner wants to sell prematurely, does their profit split change? Dig deep on this one to set up for success!


Thank you for the insight! Will definitely check out that website. I also see that you're in Tampa. Is there any REIA's you like to attend?


 Hi Kiuny, There is the TBREIA and they have a main meeting every 3rd Thursday of the month in Tampa, they also have several sub meeting around the Tampa Bay area. Google TBREIA to find website and join, TBREIA is well attended and very resourceful. You can also search Meetup online and search their database for meetups in the area. Hope to see you there!