All Forum Posts by: Tami Walker

That's a great idea. Thank you

Owner of two rentals single family homes. Looking to add more SFH. Wondering if 2 bedroom homes do well as rentals in Sarasota FL

I live in Panama City Beach FL, right in the heart of things. If you are buying in PCB please check out the area. Lots of new construction going on. New hotels, a 3rd Walmart,  the new bypass of Hathaway bridge. PCB is trying to clean up its image. Trying to tame the spring breakers in coming years. By not allowing beer on the beach April month only. I think the area near pier park is the up and coming place to invest.

I don't know if you have this. I had the same problem at my home. There is a gutter over garage door. The wood backing that holds drain in place rotted . Replace the wood and fixed the problem. 

Thank you all, you guys are lifesavers

Sorry I have a QI, its a weekend and cant call. I am buying a house to use as rental property. Wanted to clear this up.

I am thinking about buying a new home with my 1031 money. House with be ready in time for closing. Agent wants to do paper work in my name. Then put my LLC on the title. Is this correct? My 1031 exchange is in my LLC name.

Also I don't have all the money I need for down payment . They want 20% down because I am paying cash. What options do I have for finding down payment money. I need 27K.

Thanks

Jessica, thanks for your input. No not buying in Panama City Beach . Don't see much growth there. Also problems with spring break this year. Not sure where PCB is headed. I do pray they turn the town around.

Yes HOA fees are a added expense. Most places in Sarasota has HOA condos and homes. But I will keep looking for the best deals.

Would it be better to invest in a condo for short term or long. Either way is fine with me if numbers work out. I was told there is a market here for baby boomers . They would like to rent 2 bedroom condos. Rather than single family. Anybody have thoughts on baby boomers. Not sure to go with 2 bedroom or 3 bedroom. Getting ready to purchase in 30 days.

I see a post a few days back , has the answer I need.