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All Forum Posts by: Trace J.

Trace J. has started 12 posts and replied 46 times.

Post: Any areas of Tampa/Greater Tampa burbs to avoid?

Trace J.Posted
  • Flipper/Rehabber
  • Florida
  • Posts 50
  • Votes 9

@Khaled Morad I would love to join a Tampa meetup but I will be out of town on the 17th.  Is it held monthly by chance?

Post: Any areas of Tampa/Greater Tampa burbs to avoid?

Trace J.Posted
  • Flipper/Rehabber
  • Florida
  • Posts 50
  • Votes 9

Fantastic information!  Thank you @Jorge Vazquez, @Marissa Miles, @Kristina Kuba and @Zach Kolman for the great advice.  I will definitely be scouting those areas looking for my next deal.  I appreciate the help!  

Post: Rehab Estimating - Recommended best rehab tool you recommend

Trace J.Posted
  • Flipper/Rehabber
  • Florida
  • Posts 50
  • Votes 9

@Will Barnard great advice.  I do have Quickbooks already and it is a great tool.  I think I will look into buying an already built spreadsheet and just plug in my numbers.  Thanks for the tips and info!

Post: Rehab Estimating - Recommended best rehab tool you recommend

Trace J.Posted
  • Flipper/Rehabber
  • Florida
  • Posts 50
  • Votes 9

Hello BP members! My focus so far has been SFH rehabs and so far I have been pretty close with my rehab numbers. Only one of many have I been off but that was due to unforeseen issues discovered after tearing into walls in one home. Anyway I'm wondering what some people think is a best rehab tool such as a program, spreadsheet, etc to use. I was using a hard copy list with some pricing, but I would like to get faster and more precise not to mention so archaic. Plus as prices change with supply demand and shortages I need a better tool. If anyone has anything they recommend I would love to hear about it. TIA

Post: Any areas of Tampa/Greater Tampa burbs to avoid?

Trace J.Posted
  • Flipper/Rehabber
  • Florida
  • Posts 50
  • Votes 9

@Jason Wray thank you I appreciate the info!

Post: Any areas of Tampa/Greater Tampa burbs to avoid?

Trace J.Posted
  • Flipper/Rehabber
  • Florida
  • Posts 50
  • Votes 9

I'm looking to expand my purchases and rehabs/rentals into Tampa and suburbs and wondering if there are areas I should avoid or the really good areas to look at.  TIA!

Post: How I got a 4 plex in Portland for Free!

Trace J.Posted
  • Flipper/Rehabber
  • Florida
  • Posts 50
  • Votes 9

P.S.  You have some great blogs!  Keep it up!

Post: How I got a 4 plex in Portland for Free!

Trace J.Posted
  • Flipper/Rehabber
  • Florida
  • Posts 50
  • Votes 9

@Melissa Dorman  that's good to know.  Thanks for the info!

Post: Is this happening to you? Tampa Florida Market

Trace J.Posted
  • Flipper/Rehabber
  • Florida
  • Posts 50
  • Votes 9
Originally posted by @Mya Toohey:

@Trace J.

YES,  I am in the Tampa, Florida market.  We also have Clearwater and St. Pete within my area.  All HOT markets that post was from a year ago...LOL...it's even worse now.  I have made offers (and been told mine is the highest offer) but beat by CASH lower offers with no contingencies.  We only ask for 7 days inspections and 30 day closes.  They are making offers with a conventional loan.  The market has been crazy here.  I have made 40 offers all at list or above and only gotten 3 of them accepted.  

Yikes that's crazy!  Those are similar to what I have been doing too with 7 day inspections but I've had to drop that on several offers but still getting beat out by cash.  Crazy Florida markets!  Are the burbs just as hot or do you venture out from Tampa/St Pete/Clearwater?

Post: Help! Getting beat out by cash offers - Need advice!

Trace J.Posted
  • Flipper/Rehabber
  • Florida
  • Posts 50
  • Votes 9
Originally posted by @Bud Gaffney:

@Trace J. Write a personal letter with your offers

 Hey Bud, I've been told they are actually illegal in some states...  Have you heard this?