All Forum Posts by: Khaled Morad

Friendly reminder for our Tampa Meetup next week!

 Next Next week. (2 weeks away.) My bad. I got too excited. 

Where is the property?

Just a reminder everyone, our Tampa (St. Pete, Clearwater, etc.) Meetup/ meeting is next week! Looking forward to it!

Lender 1.

When is your closing date?

I passed up on an awesome condotel unit on treasure island 1.5 years ago :( How close are you to the beach? The one I passed on was right on the beach.

@Danella Swanson Munoz I host a local meetup once a month. You should join us. All sorts of investors come. It’s a great time and place to network: search Tampa Bay Free RE meetup  next one is Nov 16. 6pm at cigar city brewing.

Did you know that FNMA is now going to accept ADU income? Previously, you could not treat an ADU like a second unit with income to offset your PITIA.

Just wanted you to know! That's huge for places like Florida. There is a catch, your LTV is limited to 85% Wich normally could go much lower on a single family.

Realtors and investors, do you add value to the property if it has an ADU when considering an offer or comparing homes?

(FNMA = Fannie Mae, think conforming loans; ADU = additional dwelling unit. For example: MIL/Mother in Law Suite)

Some markets expect it. Especially to get competitive rent. I used to buy new used. “Used but like new”

For example I’ve snagged washer dryer and oven before from people who bought a house with a new set but wanted to bring their own. So they sold the existing set… to me for fraction of the cost :)

Find a good handyman to do it? I think I have one that’ll do it. What is the appliance? I’ve had that place on Niagara and Hertel near your rental install an appliance with just tenants there. They were OK. Scratched my floors. 

November has been posted!

Tampa Bay Free RE Meetup - November 2022 (biggerpockets.com)

This month an inspector will give us some pointers in the beginning. ("Ooooh... cool!")