All Forum Posts by: Ryan Halford

 I'll message you in a moment.

Hi @Joel Di Piazza,

I have some great resources for learning about tax liens. That can be a great business on it's own. I also have some strategies involving house hacking that you may not have considered. It may be more profitable in the short and long term than a duplex. 

As far as STR, there is a lot of debate right now as to if there is a STR bubble, or if it has already burst. Also depending on if you want to stay in Clearwater or not there are also some local restrictions on STR. That being said STR is still a great investment vehicle, but more stringent and conservative underwriting should be adhered to. Personally, I would only purchase for STR right now on either very unique/special properties or on those that also work out as LTR.

I am a licensed REALTOR who is investor focused. I've been involved in the construction field for over 30 years and started my own construction company in 2008 when I also started flipping houses. 8 years ago I sold the construction company and began buying and holding long term rentals. By the end of this year I should have around 12-15 SFH doors and I have started looking for my first 20 unit multifamily deal.

Most of us do this to have more free time to do the things in life we enjoy. As a member of GoBundance we focus on different pillars of life to find balance between age defying health, authentic relationships, horizontal income, extreme accountability, bucket list adventures, and genuine contribution. It's not just about making more money, it's about living a life that's long and full with those you love.

One of the above pillars is giving back and one way I do that is to help people just getting started find, not just the next property and get them to sign a contract, but to also get people set on a path of success and show them the things that I wish someone had shown me when I started out years ago. 

I would be glad to have a 30-60 minute call with you to discuss your vision and your goals further, feel free to reach out. Also check out the book Tribe of Millionaires: What If One Choice Could Change Everything? Or remind me when we talk and I will tell you how to get it for free. It's not necessarily about real estate but it's a fun and fast read that may help your guide your journey.

Have a great day!

Hi @Ashley Mason, 

My wife and I live in Land O Lakes, welcome to the neighborhood. Let me know if Doug can't help you I can share a couple people to you. I have different people that are better at different loans i.e. one guy is the best at VA loans.

@Winston R Samuels I agree 100% with @Doug Smith . It basically costs you nothing to use a buyer's agent, now, if you are making offers on properties not listed you may still be able to find a REALTOR to work with  you for a small commission and it would be money well spent because a GOOD real estate agent can potentially negotiate a better deal more than making up for the commission cost and perhaps more importantly they can save you from making potential costly errors. Build your team, then rely on them! I help investors in the Greater Tampa Bay Area so I don't serve Miami personally but I can recommend someone if you like, or I'm sure you can find someone on BP. Best of luck!!

Hi @Steven Nieves,

I love Tampa! I've been living and investing here for the last 8 years. If you have any questions about the local market and neighborhoods I would be glad to set aside 30-60 minutes to discuss why I love Tampa so much and what your long term goals are.

Hi @Keith Freie,

I am an investor focused on SFH residential properties. This year I am looking at purchasing a 10-20 unit MF property. I owned and operated a construction/remodeling company in Chicago before moving down to Tampa 8 years ago. We also did a bunch of our own flips starting back in 2008. Now that I am in Tampa I've switched to long term buy and hold and I am also a investor friendly/focused REALTOR serving the Greater Tampa Bay Area. I would love to connect and help familiarize you with all of the local Real Estate Organizations. Feel free to reach out and I can set aside 30-60 minutes to discuss your goals and how to best achieve them.

 Ah, when you said your business, I thought you meant your investing business. That makes much more sense and is a relief lol. I do agree with @Billy Daniel in that you can continue to grow as you have been until you can 1031 into a larger building. At the same time keep your eyes out for that 2-4 unit locally, you might just manifest yourself into finding one. I'm sure with a door repair company you talk to lots of people. Let everyone that you talk to know that you invest in property and what you are looking for. Also, have a realtor put you on a MLS campaign for EXACTLY what and where you are looking. Might not be fast, but if anything pops up in the future at least you will see it in your mailbox before you find it on Zillow or Redfin. At 28 you are so far ahead of the game - you will do great. If you do buy a house without house hacking just keep it simple. Don't spend more than you have to. Stay away from expensive homes and cars and keep investing everything you can now. Just be consistent, you will know when you need to change your game plan to the next level.

Are you willing/able to move to another location like Tampa? Perhaps even just a bit further out of town in NY where you might be able to find a 2-4 unit that you can house hack, as that truly is one of the best moves if you can do it. The fact that you left your W-2 leaves me wondering how you are going to get lending. If you have to go with a DSCR loan house hacking is not an option as the whole point is to get preferential rate and terms. Also, at your age, unless you are filling your days with actively participating in real estate investing i.e. cold calling for deals, driving for dollars, managing projects then I would consider doing something to bring in more money to invest. Perhaps consider something related like REALTOR, property management, or go work for a wholesaler. How much are you currently cash flowing on your 3 properties and how much capital do you have to invest, also is there any other income?

@Matt Wilkes Please send the info. 

Hi @Anthony Chara

I would go through a broker in or around Tampa Florida who will search all the rates for you and also compare to a couple on your own like Progressive etc just to keep them honest. My most important criteria for Insurance Brokers is responsiveness and communication. I buy a lot of policies and it is massively important to be able to make a call and get something sent to me when I need proof of coverage or I want to have them shop a policy around that recently went up by talking to someone I have a relationship with. I do think it's important that they are in Florida and understand the intricacies of FL insurance fully as they are constantly changing and going through turmoil presently.

Unfortunately the best person I have ever worked with left the field and I am still looking for someone as awesome, but I will send you a couple that I do use.