All Forum Posts by: Aaron T.

Welcome to BP. I am in the Tampa area and have a rental just one exit up from Sun City Center. I know a real motivated realtor that works that area if you are in need of someone like that.

The area will dictate if you should split the lot. 50x100 frontage is good for each lot, so you can build a house each. If the area will support a larger house, then you can put in one house.

you can use hard money to fund the project or private money if you can access it. If you use a bank, find one that will transition your construction loan to a conventional loan upon receiving your COO.

Welcome to BP. Lots of smart people here on this forum that can help right in your local area. get hooked up with the local TBREIA. There was a meeting tonight, although i did not attend. 

 I am in the process of scanning in all my receipts now. 

So how do you differentiate on the spreadsheet if there are a lot of items (appliances, tools, supplies like wood, nails, etc...) I know all are depreciated at different rates, as well as one may be a repair item and the other may be an improvement item. 

Thanks in advance.

I have found many of the same thing. With Tampa property prices at the high end, high priced money does not leave any meat on the bone.

Mike, I sent an email to connect. I am in S Tampa as well.

One thing I have learned is to snake every property I buy before putting a tenant in it. Snake from the vents down out to the clean out or property line. it will save you from coming back again once a tenant is in there. Hair is usually the biggest offender for a clogged drain.

Welcome to BP. Get hooked up with the local TBREI groups. I believe there is a south tampa meet up tomorrow down town.

I have a rental available and the prospective tenant at a showing asked to repaint all the walls and stain the floors....mind you I just pained the whole property and paid several thousand to refinish the hard wood.

Devon,

give me a call or we can do lunch this week if you have time.