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All Forum Posts by: Tim Kaminski

Tim Kaminski has started 65 posts and replied 297 times.

Post: South Tampa Market Questions

Tim KaminskiPosted
  • St. Petersburg, FL
  • Posts 313
  • Votes 68

@Christopher Wand Thanks for the response. Have heard of Seminole Heights and that may be worth looking into as that is probably more in my price range. I understand that everything on the MLS has probably already been picked over, just feel a bit uneasy/green about the whole process as I have never purchased a home before. Would love to explore some of these areas with you if you have the time.

Post: South Tampa Market Questions

Tim KaminskiPosted
  • St. Petersburg, FL
  • Posts 313
  • Votes 68

Hey Guys,

I've only been living in South Tampa for about 10 months now because that is where my work is located.  Originally from Cincinnati.  I'm renting currently, but I am going to start looking for multi families to invest in/house hack to gain some experience.  I work for a home builder that mainly does all their work in South Tampa so I have a general sense of what homes around here would cost and I don't think I could afford much property down here even with 3.5-5% down.  Possibly south of Interbay towards MacDill Air Force Base?

Hoping to gain some insight on areas around me that other investors are familiar with and would recommend looking into. Would you recommend using a REI friendly realtor on my first investment or try a driving for dollars route?

Also, are there any benefits for putting down a larger down payment (3.5% vs 5,10%)? 

Again, multi family (Duplex or Triplex), most likely using a FHA loan to finance, and house hacking so I can get myself started down this REI path. I was thinking north around UT where I know demand will be but also see potential around St. Pete area where vacationers and the such are always coming into. Regardless, I don't know these areas as well and would appreciate some insight.

Would love to hear your opinions! Also, if you know of any quality REIA's around here, please let me know!

Thanks guys,

Tim

Post: What Career Best Complements REI?

Tim KaminskiPosted
  • St. Petersburg, FL
  • Posts 313
  • Votes 68
Originally posted by @Steven Segal:
@Tim Kaminski:

2. GC. People often can miss of flips because their estimates can be off. You can also make good money on doing outside work as well. Painters, while maybe it doesn't seem sexy, can make a lot of dough.

GC?  Do you mean appraiser/home inspector? 

Post: What Career Best Complements REI?

Tim KaminskiPosted
  • St. Petersburg, FL
  • Posts 313
  • Votes 68

Thanks Mike, I'll keep that as a Plan B.

Post: What Career Best Complements REI?

Tim KaminskiPosted
  • St. Petersburg, FL
  • Posts 313
  • Votes 68

Hello BP!

I'm 24 years old, college graduate (Economics), and looking for a career that will best complement REI. I am planning on flipping homes, buy and hold, and possibly wholesaling. Desk jobs do not sound appealing so kind of leaning toward a skilled trade that would work well with rehabbing (HVAC, Electrician, Carpentry etc.). Seems like I can learn how to save money by fixing houses up myself as well as get paid pretty decent to finance more deals.

Buying and leasing homes will hopefully be my main source of revenue so I have also been looking for property management type jobs.  Even considering going back to school for a construction management degree so could maybe build homes one day.

Just curious what BP has to suggest about careers that go well with a life in real estate.  Would love to hear from you all!

Tim Kaminski

Post: Hello Everyone!

Tim KaminskiPosted
  • St. Petersburg, FL
  • Posts 313
  • Votes 68

Hey guys

Being that I am very green to this and having no capital to work from, I was planning on finding work as a leasing consultant to gain knowledge and finances. I understand I can wholesale but it seems overwhelming and I wouldn't know where to begin. I am also planning on attending my local REIA meetings and learning there. I would love to do long term rentals and manage them myself but I understand I may have to flip or wholesale a bit as well.

Loveland, Oh is a suburb of Cincinnati, so SW Ohio.  Would greatly appreciate any advice you all could pass along.  Thanks!

Post: Hello Everyone!

Tim KaminskiPosted
  • St. Petersburg, FL
  • Posts 313
  • Votes 68

Hey guys,

New to BP and REI but I am finally focused on a career path and that is very exciting for me. I hope to learn as much as I can through this site and maybe meet some friends! Looking forward to getting started! Thanks!

Tim Kaminski