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All Forum Posts by: Steve Borodin

Steve Borodin has started 3 posts and replied 17 times.

Post: New Investor in the Tampa Area

Steve BorodinPosted
  • Investor
  • Barnegat, NJ
  • Posts 17
  • Votes 6

Thanks! @Marlon Wilson

Post: New Investor in the Tampa Area

Steve BorodinPosted
  • Investor
  • Barnegat, NJ
  • Posts 17
  • Votes 6

@Account Closed thanks! I definitely plan to take advantage of the REIA's. I'm planning on attending the one on Feb 11 if anyone will be there. I'd love to meet!

Post: New Investor in the Tampa Area

Steve BorodinPosted
  • Investor
  • Barnegat, NJ
  • Posts 17
  • Votes 6

@John Cohen thanks for the offer!  I might have to take you up on that at some point.  I'm always eager to learn from those who have been there before me.  I noticed your from NY.  Do you invest locally or at a distance?

Post: New Investor in the Tampa Area

Steve BorodinPosted
  • Investor
  • Barnegat, NJ
  • Posts 17
  • Votes 6

@Brad Bartlett Thanks for the warm welcome. I am currently interested in single family homes, although I am open to the idea of multi-family homes as well if the numbers are enticing enough. I'm not too familiar yet with the cap rates investors in the Tampa area have been getting recently, but obviously I'd like to get the best ROI possible. I'm willing to be patient for the right deal, and I'm not planning on rushing into a bad deal just to get one under my belt. My goal is long term portfolio growth, so I want to make sure I don't put all my eggs in one basket. I am interested in mostly the suburbs surrounding Tampa, nicer family, working-class neighborhoods. I want properties that have the potential for appreciation in the long run. For my first deal I want to try to stay around the $100k range. I am open to homes that need a little lipstick, but nothing too intense as I am out of state.

Post: New Investor in the Tampa Area

Steve BorodinPosted
  • Investor
  • Barnegat, NJ
  • Posts 17
  • Votes 6

Thanks @Ned Carey!

Post: New Investor in the Tampa Area

Steve BorodinPosted
  • Investor
  • Barnegat, NJ
  • Posts 17
  • Votes 6

Adrian,

That's good to hear.  It looks like I might be a little late to the party in one of the better markets in the country, but I'll take what I can get, as long as it's a good deal of course.  If I end up looking in that direction, I'll definitely be sure to get in touch.  Thanks!

Post: New Investor in the Tampa Area

Steve BorodinPosted
  • Investor
  • Barnegat, NJ
  • Posts 17
  • Votes 6

Hey Everyone!

I'm an out-of-state newbie investor looking to get started in the Tampa market, including surrounding suburbs.  I am looking to acquire my first rental property within the next few months, and hope to continue building my portfolio in the years to come. 

I will be making a few trips to Tampa in the coming months, and would love to meet with other local investors.  If you have any advice or recommendations about the area, or if you'd be interested in meeting up for drinks and good discussion at any point, I'd definitely appreciate any help in starting this venture.  

I'm eager to meet those of you already so involved in this community.  I can't wait to get involved, and hopefully I'll be able to help contribute in the near future as well with all of the good experience I'm sure I'll attain.  Look forward to working with you all!

-Steve