Purchase price: $237,000 Cash invested: $11,850 Converted my primary residence to a Cash-Flowing Rental Property to a Section 8 Long-Term Tenant in a Class B neighborhood.Purchase in Sept 2019 Purchase price: $237,000Cash invested: $8,900Converted the Game room and Office room to a standard bedroom to make it a 6-bedroom 3.5 bath which increased the monthly rent from $2,400 to $3,215.

Hey Adam,I’ve been in the Tampa real estate game for 20 years as an investor and owner of a property management company.

Really the person that is going into the flipping game should know the market very well to do these comps on their own, and back it up by asking their trusted real estate agent/professional for confirmation.

New to the game.

Profit.This is the long game people keep missing.

If you’re in the real estate game, I’d love to exchange ideas.Capital Gains – I’ve made money here before, but as a buy-and-hold guy, I don’t sell often.

Sevier County’s STR game is pretty competitive, so be ready! 

And I feel the ideal portfolio can benefit from the diversification of both.1) Holdfolio isn't a match for me, personally (due to not enough experience, skin in the game, etc).

I have a pretty large capital ready to step into this game,I am in big conflicts either choosing Ohio(Cincinnati/Dayton) or Texas(Houston) for BRRRR method, I read a lot about Ohio, only positive stuff.

Contacting rentals is a smart approach too, its all really a numbers game