Tampa Bay/ St Petersburg Florida

Tampa Bay/ St Petersburg Florida

Investor · St Petersburg, FL · Member since 2014 · 25 posts · 1 vote

Hi all, 

We moved to Tampa Bay area about a year ago (St Petersburg, FL). We are in the process of doing a 1031 exchange on 2 out of state properties and looking to buy investment properties here locally. 

We currently have a duplex and a SFR out of state. The SFR just sold so we have 45 days to find an investment home here in Tampa Bay.

For those who invest here what location seems to give you the best cap rate? We have been looking in St Pete area, but are willing to look where we can get the best bang for our buck (within reasonable driving distance as we will be managing the properties ourselves). 

Also, does anyone do vacation home rentals? 

And finally which REIA meetings do you find the most helpful?

Thank you in advance! 

Chris

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  • Investor/shop owner · Chester, VT · Member since 2015 · 22 posts · 6 votes
    9y

    Following. We might find ourselves in this same situation shortly. Currently in VT, hoping to invest in Pinnelas County...once we rule out the rest of the the south east...:)

  • Professional · St. Petersburg, FL · Member since 2014 · 39 posts · 14 votes
    9y

    Hi Chris,

    Is return your only criteria? 

    There are meetings every other Wed. at Joes Crab Shack in Clearwater.

    There is a meeting on Mondays that Larry puts on as well.

    Message me if I can be of assistance.

  • Real Estate Agent · Sun City Center Fl · Member since 2013 · 48 posts · 8 votes
    9y

    Chris, I'm an investor friendly agent in St Petersburg. Let me know if I can be of any help to you. Bill

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