All Forum Posts by: Ryan Fitzhugh

I would be very interested and could probably get the word out there as well to help more people show up. I would be coming from Saint Petersburg. I would love to discuss fix and flip vs. buy an hold and talk about current returns people are receiving.

Scott,

Great to hear you are starting your entrepreneurship in Florida. I am very involved in the Tampa Bay market, more specifically Saint Petersburg and Pinellas county. Congratulations on passing you exam, please let me know if there is anything I can help you with. 

I am more specifically involved in buying and selling distressed properties. I stay up on market trends and am very proficient with MLS, marketing, and generating leads. If you would like to connect send me a colleague request and we can pick each others brains.

Thank you. 

-Ryan Fitzhugh

Ray, 

I assume you are looking for rentals by how you worded you post. I think buy and holds out there are the only way to go really. I am currently flipping properties in Pinellas county and have seen success with both buy and holds, as well as fix and flips over here. 

Your price range honestly seems a little high for rentals out there unless you are looking for turnkey properties. Most of my dealings are with distressed single-family residential and I actually just sold a house in Auburndale for 32k. It needed quite a bit of work, but to get it rental ready the buyers are only going to put 20k into the rehab. 

If you are ever searching for new investment properties or are having trouble finding them on you own, please reach out to me. I have access to many resources that can benefit you. 

Best of luck with your investing!

Very old thread, but I would love to connect with some local investors in the Saint Petersburg area. I have become very knowledgeable about the market in Pinellas county and would love to share, as well as learn, new ideas and successful strategies. 

Please feel free to reach out to me with questions, or if you are looking for new distressed properties I am sure I can find something for you seeing as I have many resources at my disposal. 

Thank you. 

Jazmine, 

I have a few general contractors that I work with regularly. Please feel free to message me and I can share their information with you. Also, if you are looking for your next fix and flip or buy and hold in this area, I can definitely help you out with that as well. 

Thanks.

Mo,

That is great news to hear that you are investing in Florida. It certainly does have one of the hottest real estate investing markets in the country. I am currently involved in the Tampa/Saint Petersburg market. I have become very knowledgeable and continue to learn everyday. If you decide you would like to invest in the area I am currently working out of, I would be more than happy to steer you in the right direction. 

Feel free to message me anytime! 

Thanks

Craig,

I have one multifamily currently and a few more in the works. If you would like to talk about some of the opportunities I have a available, as far as multi-families, don't hesitate to ask. I currently sell about 20 deals a month in both pinellas and hillsborough county. 

If I can help you in your search for new investment properties in Florida give me a ring. I am pretty well connected throughout the state. 

Thanks. 

@Levi T. Thanks Levi, I actually really like that approach, it makes a sense in my head and seems much more proactive. Also, your play on BRRRR seems much more appealing to me personally.

Hello BP and members,

I believe every investor should create a strategy that works best for them. I also believe that you should not try to reinvent the wheel. I have been talking with a few people about a good strategy to build off of and have repeatedly heard: flip two houses and buy a rental. Then flip two more and purchase another rental and so on. 

I would love to hear about some other strategies that people have had success with. I am currently wholesaling 15-20 properties a month in Saint Petersburg, FL with New Western Acquisitions. I am coming to a point where I am ready to start investing myself. I have gotten great feedback from my investors and seen great success from them. Knowledge is power, so any input would be greatly appreciated. 

Thanks

Joe,

I am currently working for a wholesale brokerage in Saint Petersburg, FL. We just opened up our Tampa office two weeks ago. We sell distressed single-family and multi-family residential properties to our investors. Currently averaging about 15-20 properties each month in both Tampa and Saint Petersburg. 

Your criteria seems on par for the kind of deals that we sell. Most of our properties do need some work, but some are rental ready. I also have a few contacts that I work with who own property management companies and I would be happy to get you in touch. 

My question is, what are you looking for? Multi-family units, duplexes, town homes, condos, or maybe even small apartment complexes? With a purchase price of 400k, I could get you into a few multi-family properties all with returns 15% CoC, but that depends if you want to be in more expensive areas or not. $400,000 can go along way depending on the area and rehab of the property.

I hope that I can help and feel free to message me. I am an open book and am very knowledgeable about the market in the Tampa Bay area. Thanks

-Ryan Fitzhugh