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Posted over 13 years ago

Tampa FL Income Producing Homes @ 15% Cap Rates.

Tampa, FL real estate has been red hot for us lately.  We have been able to buy REO/Bank Owned homes at pennies on the dollar.  Our system for real estate investors is simple.  To obtain the best purchase price, we typically take down about 5 homes at a time from the banks portfolio.  Prior to our firm closing, we fully inspect the home and budget for any repairs needed.  Once rehab begins, an investor may contract for the home to purchase.  In about 90% of our homes, by the time the investor closes, there is already a tenant in place with a 1 year lease through our preferred Property Management Company.

Capitalization Rates are running right around 15% for single family homes.  Tampa is one of the economic drivers for the state of Florida and has been getting a lot of attention from domestic and international investors.

If you would like to see a flyer of one of our recent Tampa homes, CLICK HERE.  The flyer will show you all gross income, NOI, expenses, pictures, etc.  So please be sure to preview it.

Rental Rates have been suggested and confirmed with third party property management firms.  References of Property Managers given upon request. 

 


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