Tampa Florida, specifically

[Elizabeth F.]

I just read the post that florida is okay to invest in the future. i would like to know specifically about tampa.

i just found an investor who has a load of reos multiunit properties. it seems as too many to be truth.

any opinions or advice

:roll:

[Kellie McRae]

Hi Elizabeth,

There are an abundance of short sales, pre-foreclosures & foreclosures here. It seems in some neighborhoods, theres a combination lock on every other door. I would to my due diligence if one seller is trying to get rid of a ton of properties. I definitely tell people that if you want to buy and hold, this is a great place & time to do it. The values are insane if you have the patience to deal with the processes (if you're looking at short sales). There are many investors here that start negotiating with the banks before all of the paperwork is signed which shortens the process. I don't know if this information helps but I can say that there are quite a few opportunities for investors in Tampa. If I can help in any way, please let me know.