All Forum Posts by: Luke Rorech

Put it all on black. 

@Eric Wittenburg

Pinellas County is going to have a much larger selection than Hillsborough County. As others have mentioned though, small multi deals are very competitive and still in high demand. 

Another option to consider is sfh w/ an adu. Still competitive but an added plus to that is you can go 5% down conventional instead of having to go 3.5% down fha or 15% down conventional, as you would need to do for 2-4 unit properties.  

Redfin has a solid search function to view sfh with guest houses if you click that option. 

Let met know if you have any questions or want to discuss in more detail. 

 There’s a number of factors to that. You’ll want to check the zoning, know what highest and best use would be, and consider getting a survey.

@Niti Bhat Looks like you must own for 7 months prior to leasing it out and min. lease is 7 months but as @Bruce Woodruff mentioned, call and ask to confirm. 

Solid buy @Matt Smith. My wife and I moved to the New Port Richey area recently as well to get more bang for our buck. Really excited about the long term growth I expect out of this area. The Suncoast has been somewhat ignored in the past but think it's prime for lots of development in the years to come. 

@Edgar Sanabia

Pinellas County is a solid choice. With recent appreciation over the past 24 months, not a lot of properties pencil. What's nice about Pinellas though is that you have the option of single family homes as short term rentals and more small multifamily properties (2-4 units) than anywhere else in Florida. So you have some options. 

Pasco County is also showing a lot of promise long term as people look for more affordable housing solutions. 

Meetup is another solid option to add to the list Lucie mentioned. 

@Quinn Stewart

When looking in Pinellas County for less than 30 day stays, unincorporated Pinellas, Largo, and Indian Rocks Beach are the most STR friendly locations. St. Pete allows 3 less than 30 day stays per trailing 12 months, so it isn't a complete no-no. I'm also a big fan of medium term rentals in the area as well.

Feel free to reach out with any specific questions. 

Appreciate the thorough response @Joel Bongco.