All Forum Posts by: Mya Toohey

I'm in the Tampa Bay area and I will put an ad on Craigslist, Indeed or post in a group on Facebook for AirBNB/STRs. 

Ask your lender about a bridge loan.... I'm from Tampa Florida and I have a few clients that leveraged their portfolio to buy new properties.  Also, think about creative financing, seller financing and sub to can also be options to grow your portfolio.

Always ask your agent!!! That just has been a go to added coverage here for my clients.  Whatever works for you and your market! Best of luck!!!

I think a tiny home village would be awesome!!!! Here is why: (I am in Tampa Florida and we need housing badly!)

Buying a tiny home offers several compelling benefits. Firstly, they are significantly more affordable than traditional houses, often reducing the financial burden of homeownership. Secondly, tiny homes promote a minimalist lifestyle, encouraging reduced consumption and a greater appreciation for experiences over material possessions. This can lead to increased financial freedom and a reduced environmental impact. Finally, the compact size of tiny homes often results in lower utility costs, further enhancing their affordability and sustainability.

Are their any other STRs in the building? I would suggest running numbers on th if so and bring that to the table with sales price. If you have a money maker and can prove it, then I bet you can get them sold super fast. Also, add the STR restrictions for the area to give the buyers a reference to check for themselves. The easier you make the deal for an investor the better. Best of luck!!! I'm over the in the Tampa area and visit Daytona frequently, I love the beach you can drive on and park right next to the water.

OMG HIIIIIII!!!!!!!  I am in the Tampa Area also, actually Saint Pete.  We need to connect!!!  I would love to help you in any way that I can in your new adventure.  We should discuss maybe partnering on a flip if you want to!!! We have 20 years of experience and are always looking for investors to work with.  Lets grab coffee next week and brainstorm! 

Well, this my opinion, if you like unpredictability, constant change and people/contractors with no regards to you or your property then "YES" flips and STRs are the way to go...LOL....I love it!!!  Been doing both for 13 years and wouldn't have it any other way.  I am in Tampa Florida so the investment market is huge here for both as well.  LTR and MID term are hot now as well, we have more people that want houses than houses to rent to them.  

How is your market right now? If you have any equity in the place, then try and sell it. As long as you don't lose money. The thing about condos is the HOA will go up and your mortgage stays the same so you will end up losing by the end of the mortgage. I would reinvest in a another property and use a 1031 exchange to detour taxes. Ask an expert of course but that is my idea for it! Best of luck!!!

I am in the Tampa bay area now but grew up in Kentucky and travelled to Indy many times!!  The key is getting (I mean the most important part) a good agent or boots on the ground.  Your property management company can help once you own the property but up until then you need someone good on your side!!!  I would speak with the agents and companies that reached out.  They will have better knowledge of what you need and how to do it then just finding one on the internet.  BP is great for finding good contacts!!!  Best of luck!  If you ever want to branch out to the beach area, I am happy to help!  

Hello neighbor!! I am down in the Tampa Bay area!!!  Congrats on the flip!!!