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All Forum Posts by: Gavin Erard

Gavin Erard has started 0 posts and replied 3 times.

Post: First-time investor in Tampa, any advice?

Gavin ErardPosted
  • Real Estate Consultant
  • St. Petersburg, FL
  • Posts 4
  • Votes 3

I actually wholesale in the greater Tampa Bay area through New Western Acquisitions.  I put out around 40 deals a month.  Shoot me a message if you are interested in looking at some of our deals.  Good luck with your ventures!

Post: First-time investor in Tampa, any advice?

Gavin ErardPosted
  • Real Estate Consultant
  • St. Petersburg, FL
  • Posts 4
  • Votes 3

I have a few pieces of advice for you. 

1. If you are not a cash buyer I would recommend finding a good hard money lender (as traditional mortgages generally won't work with investment properties) and getting prequalified.

2. Find some good wholesalers to work with.

3. Learn how to run your own comps so you can verify ARVs (after repair values) on deals you are considering.

4. Either find a reliable and affordable general contractor to work with or preferably find several reliable subcontractors to work with to minimize rehab expenses.

Post: First-time investor in Tampa, any advice?

Gavin ErardPosted
  • Real Estate Consultant
  • St. Petersburg, FL
  • Posts 4
  • Votes 3

I have a few pieces of advice for you. 

1. If you are not a cash buyer I would recommend finding a good hard money lender (as traditional mortgages generally won't work with investment properties) and getting prequalified.

2. Find some good wholesalers to work with.

3. Learn how to run your own comps so you can verify ARVs (after repair values) on deals you are considering.

4. Either find a reliable and affordable general contractor to work with or preferably find several reliable subcontractors to work with to minimize rehab expenses.