
24 June 2024 | 9 replies
Vacancy rates:The overall office vacancy rate in Tampa is 9.4%, which is below the national average of about 13%.For residential properties, the homeowner vacancy rate is 1.0% and the rental vacancy rate is 4.2% in the 33619 zip code.Days on market:Specific data on days on market wasn't provided for Tampa overall, but the median days on market for homes is 89 days according to one source.Promising areas:The Westshore and Downtown Tampa submarkets have seen increased occupancy, with an uptick of 175,000 square feet over the past year.The Westshore submarket has seen its vacancy rate drop by 100 basis points year over year to 12.5%, hitting a four-year low.Rental property insights:Tampa has a high percentage of renters, with 53% of the population renting rather than owning homes.The median rent price in Tampa is $2,941.Market trends:Tampa's real estate market has seen strong appreciation, with a total appreciation of 129.39% since Q1 2000, at an average annual rate of 4.41%.The city is experiencing population growth and an influx of young, educated professionals due to increasing employment opportunities.Regarding your interest in a brand new construction SFR with live and work usage, this could be a promising investment given Tampa's growing population and the trend of people seeking to live close to their workplaces.

23 June 2024 | 3 replies
My agent brought me a great off-market deal that for 140k, that I knew was worth much more given we've been working on other properties in the area.

25 June 2024 | 30 replies
Most reach out to me, because they have seen 100k properties on Zillow and are looking for an "investor-friendly" agent to help them buy it.

24 June 2024 | 11 replies
Me and another agent in the area talked about starting one but it just never happened.

23 June 2024 | 6 replies
Local investor/agent here!

24 June 2024 | 14 replies
Additionally, if anyone has experience financing real estate investments in Memphis or knows of any local resources or experts who can provide guidance, I would be very grateful for any recommendations.Thank you in advance for your help and guidance.

23 June 2024 | 13 replies
Would you provide the address to this kind of inquiry?

23 June 2024 | 1 reply
. - Most 5+ unit lenders will want the borrower to provide documentable real estate related investment experience.
23 June 2024 | 25 replies
My initial plan was to buy homes at wholesale price, fix them and retail them through an agent.