Investing in Tampa or Clearwater area

[Frank Nguyen]

Hi,

I'm from Illinois and looking to invest in a property in Florida (preferably in the Tampa/ Clearwater area) for under 500k. I would like to use it as a vacation home as well. Is this a feasible idea?

Thanks,

Frank

[Raymond J. Rodrigues]

@Frank Nguyen, depending on the exact area that you choose, this might work out for you. I have clients purchasing similar homes in the area that they also rent out as short term rentals. I recommend you connect with an investor/ investor focused realtor that can assist you with your search and share the right resources with you to help get you going in the right direction. Reach out to @Josh Green. He works with pretty much all of the investors on the BiggerPockets forums and will be a valuable resource on your team!