Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Rob Drum

Rob Drum has started 179 posts and replied 521 times.

Post: Sarasota and Manatee County - February 2025 - Investor Market Update

Rob Drum
Posted
  • Real Estate Broker
  • Bradenton, FL
  • Posts 543
  • Votes 362
Quote from @Nate Sahm:

Thanks for posting this Rob! 

You’re welcome! 

Post: Sarasota and Manatee County - February 2025 - Investor Market Update

Rob Drum
Posted
  • Real Estate Broker
  • Bradenton, FL
  • Posts 543
  • Votes 362

In this video, I provide an update on the real estate market for Sarasota and Manatee County for February 2025. We’re seeing a 26% increase in active listings, but sales are down nearly 10% compared to last year. Prices are drifting lower, but days on market may be leveling out. I also discuss trends in rates and rental data for Bradenton, Sarasota, and North Port, Florida. I encourage you to subscribe to my channel and newsletter for ongoing updates. Let me know if there are specific stats you’d like me to cover.

Here's the link to get this video in your email each month.

https://mailchi.mp/b8105b9f67f2/investinginmanateeandsarasota

Post: Top 10 Cities where Home Prices will Crash in 2025

Rob Drum
Posted
  • Real Estate Broker
  • Bradenton, FL
  • Posts 543
  • Votes 362
Quote from @Ken M.:
Quote from @Rob Drum:

These are the year-over-year numbers for February on re-sales in Sarasota County. Softening for sure, but I wouldn't say crashing.

43 days to sell (DOM) is fast in my book. although 10 months of inventory is interesting. I read that to say, if the property is priced properly & accordingly, it will sell quickly.
It's really days to contract signed. Not sure why our MLS calls it that. Historically, it looks like it's about average for our area.

Post: Top 10 Cities where Home Prices will Crash in 2025

Rob Drum
Posted
  • Real Estate Broker
  • Bradenton, FL
  • Posts 543
  • Votes 362

These are the year-over-year numbers for February on re-sales in Sarasota County. Softening for sure, but I wouldn't say crashing.

Post: Creative Financing Options - Help!

Rob Drum
Posted
  • Real Estate Broker
  • Bradenton, FL
  • Posts 543
  • Votes 362

@Wynn Williams You could buy it subject to the existing mortgage, but I'm hearing about those due-on-sale clauses being exercised often now.

I would structure it as a lease with an option to buy. The strike price follows the declining principal balance of the underlying mortgage. The lease is written to mirror the payment on the underlying mortgage. You capture the paydown, appreciation, and low payment. Missing out on depreciation doesn't matter for now because you're living there. Secure your option with a mortgage in second position to block out your equity.

Post: New to Real Estate Investing!

Rob Drum
Posted
  • Real Estate Broker
  • Bradenton, FL
  • Posts 543
  • Votes 362

@Brent Richardson Welcome! BP is a great place to learn the business.

Post: Realtor in Bradenton FL with AirBNB investment experience

Rob Drum
Posted
  • Real Estate Broker
  • Bradenton, FL
  • Posts 543
  • Votes 362
Quote from @Crystal Wiley:

@Rob Drum Thank you. I appreciate that you're in town so I may reach out this week to chat if that's OK.

Absolutely! That’s my direct line in the signature. I look forward to discussing.

Post: Realtor in Bradenton FL with AirBNB investment experience

Rob Drum
Posted
  • Real Estate Broker
  • Bradenton, FL
  • Posts 543
  • Votes 362
Quote from @Crystal Wiley:

Thank you @Rob Drum -  Do you assist with and/or are you familiar with other types of long-term rental real estate investments as well such as mobile homes/storage units/condos?

I’ve done almost anything you can think of in residential real estate investing. 😁 Not much as much experience in commercial though.

Post: Realtor in Bradenton FL with AirBNB investment experience

Rob Drum
Posted
  • Real Estate Broker
  • Bradenton, FL
  • Posts 543
  • Votes 362
Quote from @Crystal Wiley:

Looking for an agent to help us purchase a small property in Bradenton, FL to use as a FT AirBNB. We are new to the area and looking to invest.

Hi Crystal. I’m a realtor in Bradenton, and have experience with AirBnb. I own one a little further south. We only manage long term, but I can refer you to a couple short term manager options. Dm me on here or send me a text!

Post: January Market Update For Sarasota and Manatee County

Rob Drum
Posted
  • Real Estate Broker
  • Bradenton, FL
  • Posts 543
  • Votes 362

Investor-focused stats on the Sarasota and Manatee County real estate market.

- How much of a buyer market are we in? Latest MLS Stats.

- What are home builders doing? New home building permit tracking.

- What's happening with mortgage rates and the yield curve? Tracking changes in the debt markets.