All Forum Posts by: Michael Stowers

@Jonathan R McLaughlin We are buying an investment property that would be a long term hold that was recently flipped 

@Mariel DeVito thank you!  It's in Hilsborough county area in South Tampa.  Totally agree with you on that.  We have accounted for cap ex, maintenance, and vacancy also.  We are blessed to have good paying jobs so may have some years where we don't cash flow, but I think Tampa long term is a good play.  We are close to a military base out there also

@Courtney M. We could rent out this home for $2500

Hey Team,

i'm in escrow on a 3/2 home in South Tampa brand new remodel. We are in escrow at $390k and we are putting 25% down. We are only cash flowing about $125-$250 a month. Our cash on cash return is 2-3%. Lord willing, this home would be a long term investment and it's a flip so we wouldn't have to rehab just the general maintenance. We are from San Diego and I still like the Tampa market long term. Is this still a good investment considering the capital we are putting in to get a little return at first?

Hey Team,

i'm in escrow on a 3/2 home in South Tampa brand new remodel.  We are in escrow at $390k and we are putting 25% down.  We are only cash flowing about $125-$250 a month.  Our cash on cash return is 2-3%.  Lord willing, this home would be a long term investment and it's a flip so we wouldn't have to rehab just the general maintenance.  We are from San Diego and I still like the Tampa market long term.  Is this still a good investment considering the capital we are putting in to get a little return at first?

hello,

I'm looking to invest in San Diego or Tampa.  I like the idea of a one unit single family because of how much appreciation those types of properties have had.

I also am looking to purchase a duplex or triplex.  I know typically multi unit may have better cash flow but may not appreciate as much as you have to deal with more tenants.  I will be putting a considerable of capital down with either option.  Any feedback or recommendations in regards to these markets and also multi vs. single family?

 Yes Big Bear on the eastside is connected with San Bernardino County (their regulations are less strict)  Those in Big Bear Lake in the city area follow Big Bear Lake/Resort guidelines and are more strict.  We are looking to invest over there as well

would love to hear people's opinions on this now?  Is this still a good market to invest in for short term rentals?

hello,

do you believe buying in big bear to use for airbnb/short term rental in the county side (san bernardino) less regulations than the city/lake side is a good investment at this time?