All Forum Posts by: Tyler Hall

@Marc Rodriguez Good luck with your future journey. It can be tough but keep your head down and have constant action everyday. Lakeland is definitely an up an coming area. You can also look slightly north of Tampa and New Port Richey. It isn’t as popular as Tampa or Riverview but it is still a nice area, with slightly lower prices and it’s close to the beach. Seminole heights is an up an coming area too but you need to do off market deals to make it work. Be careful though some of those properties need a lot of work especially for a beginner. Good luck1

-Tyler

Good morning investors!

I have seen some house where the exteriors is cements blocks, (don’t know if that’s the right term) is there a way to change it to stucco. I know stucco is the preferred look. If so, is it an expensive task to do?

Thanks!

-Tyler

Hey all!

I hope everyone is having a good time and is surviving this pandemic! I have recently been analyzing some rental deals in the Hillsborough County area and was wondering if the other successful investors have been able to hit the 1% rule with single-family houses? I know that Brandon Turner in his Podcasts always says that the 1% rule is helpful but not always right for certain areas so I was curious what investors are hitting in areas like Brandon and Riverview. Furthermore, are there any other tips investors can give me when analyzing deals in those areas. Thank you all in advance and have a wonderful holiday season!

-Tyler

Thanks @Bonnie Jones I’ll have to check it out!

@Mike Imbriglio 
Thanks for the input. Honestly it sounds like plain old networking is the best way to do it. My whole mentality is to underestimate ARV and overestimate rehab costs so that if my numbers are wrong (hopefully) they're are wrong in a way that benefits the investors. I want a small list of good reliable investors which you can't have unless you're trustworthy. Being in the military really helped me understand the idea of integrity first which I think it one of the best ways to run a business.
-Tyler

@Barry Pekin good point!

@Blake Harris

Blake thank you so much for that response. That is genius and yet so simple. I really appreciate it. This is what is so cool about this site. I wouldn’t of that of that but it really is a win win win situation!

@Barry Pekin

Thanks so much Barry. I appreciate the insight!!

-Tyler

@Aaron K. @Joseph Cacciapaglia

Thanks for the quick response and the input. I could have assumed that was the case. It just seems like the liability itself would be an issue. I was planning on turning my current personal property into a rental after I move. Now I have to figure out the best method to protect myself because the property has a pool.

-Tyler

Hey everyone!

Hope everyone is taking advantage of this quarantine time to better themselves in some way. This question goes out to my buy and hold folks mainly in Florida but anyone who has an opinion please give your take on it too. When looking for a potential rental property what is your opinion on the property having a pool? Do you like it because it adds value or do you stay away because of the maintenance and the safety of it (it tenants have young children). If there any special protections in term of insurance that is needed with a pool? Would you pay for pool maintenance monthly or make the tenants cover those costs? Very curious on the topic and just wanted to see everyone else’s opinion. Thanks in advance for your input.

-Tyler