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All Forum Posts by: Joseph Stern

Joseph Stern has started 23 posts and replied 267 times.

@Andrey Salamakha partners or individuals with large retirement accounts are great people to reach out too. I have personally brought properties to these types of people and they have paid 100% for the purchase and 100% for the rehab. There are more people out there than you think that are willing to do this and help fund your deal if you have articulately detailed the numbers, why it’s a good investment, and how you can provide value such as running the project management or use your time to make up for not having capital so the partner does not have to be so involved in the project and they can make a passive return.

Post: Best strategy for a hot market for long term rentals?

Joseph SternPosted
  • Investor
  • Tampa, FL
  • Posts 287
  • Votes 152

@Bryce Kennebeck hey Bryce, adding bedrooms is always an easy way to force appreciation and cash flow especially if you’re going to rent by the room. With 100k you could buy a couple properties and still have reserves for large capital expenditures. Do you particularly want to do section 8? In tampa there are many layouts that offer the ability to add bedrooms.

Post: House hacking in Tampa, FL

Joseph SternPosted
  • Investor
  • Tampa, FL
  • Posts 287
  • Votes 152

@Aiden Luce Hey Aiden, I’m a broker and investor in Tampa and I currently house hack myself. I would love connect and help you with your search, I’ve helped many first time buyers looking to do the same thing you’re doing and can guide you through the process step by step.

Owner financing is always a great option it is just a matter of education, if you can explain to them the benefits and lay out in a simple to see way how much more money they will make in the long run, you would be surprised at the terms people will agree too. I tend to ask them what they plan on using the proceeds of the sale for and if they have thought about being the bank and making that interest themselves instead of a bank. You can PM me for more details I can walk you through it I have several templates as well. 

Hey Adriano, I'm a broker in Tampa and investor as well. I would switch it up and offer an explanation and easy to follow instructions on how to handle the new payments, most won't give you a problem.

Post: Beginners Advice (BRRRR)

Joseph SternPosted
  • Investor
  • Tampa, FL
  • Posts 287
  • Votes 152

Define location, size, style, flip or rental, then start making offers on the properties that fall into that criteria!

Post: Looking to meet wholesalers in Pinellas & Hillsborough County

Joseph SternPosted
  • Investor
  • Tampa, FL
  • Posts 287
  • Votes 152

Hey Ryan, biggerpockets is a good start but you can find a lot of wholesalers in FB investor groups, we buy house bandit signs, craigslist we buy houses ads, and googling we buy houses Tampa will give you the results of a few wholesalers.

Post: Need a Market analysis or CMA report

Joseph SternPosted
  • Investor
  • Tampa, FL
  • Posts 287
  • Votes 152

@Tammy Pimienta hey Tammy, pm me. I have my brokers license and provide cma’s/bpo’s all the time.

Post: Recommendations for Property Manager in Clearwater/Tampa FL Please

Joseph SternPosted
  • Investor
  • Tampa, FL
  • Posts 287
  • Votes 152

@Phillip Rosin Hey Phillip, I would reach out to @Alexis Hernandez she is very professional and knowledgeable in the space. You will be in good hands!

Post: Owner Financing Tampa

Joseph SternPosted
  • Investor
  • Tampa, FL
  • Posts 287
  • Votes 152

If you’re looking for a realtor in the Tampa area experienced in owning and negotiating properties via owner financing terms reach out! I have several templates and resources to structure creative financing deals with sellers and have a passion for doing so. I really enjoy working with people and helping them source these kind of deals.