Tampa Bay has been experiencing significant growth and change, and I’d love to gather insights from this knowledgeable community.How do you predict the Tampa Bay market will perform over the next five years?

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

Spend your money on built in bunk beds, a garage conversion to make it a 4 bed (we find 4 beds perform much better than 3 beds), and your entertainment spaces (living room, game room and backyard). 

Your quotes will not be comparable unless you have that detailed scope of work so that you know everyone is quoting the same job.You should not advance money to the contractor unless the materials are on site and the work is being performed.

This company offers a list of top-performing cities, including several in Florida.

Regular market analysis and strategic selling of underperforming assets while the market is strong can allow you to reinvest in higher-performing assets or hold cash for future opportunities.Leveraging built equity through equity partnerships or private lending can generate passive income while keeping your capital relatively liquid.

I can find properties in my market that perform similar on a larger scale (more costly but similar percentages) but they bleed cash after the refi which is why I have not purchased in 2.5 years.  

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

Rent restrictions can limit your ability to select the best tenant, increase rents, and evict non-performing tenants.

They may suggest performing a ruse on them to trap them into showing its a scam with police monitoring.