First time investor here, so any thoughts are appreciated. I'm looking at Tampa since I have some trusted feet on the street there, and building a team of pros as well. Anyone have rentals in that area with insight into the best neighborhoods? Also, for anyone there now, what are you seeing for a cash on cash return either for a single family or a duplex? Thanks!
Columbus, OH · Member since 2019 · 78 posts · 66 votes
5y
Hey Brian I'm not in the Florida area, however, CoC return will really depend on the specific sub-market within a city. The lower class of rental properties you go the higher your Cash Flow will be initially but you will also face more risk. Good Luck in your journey!