All Forum Posts by: Josh Green

My husband and I recently launched our STR end of December 2023 near Savannah, GA and are already booked through mid-April 2024 with some bookings in May 2024. Hurray!

We are looking for our next STR opportunity and interested in a beach property that we can use from time to time. Two areas that stood out to us were Clearwater, Florida and Murrells Inlett (near Myrtle Beach) South Carolina.

Anyone with feedback in those areas as to pros and cons? For example, what are property taxes like in Florida? I know SC is steep for non-primary residents.

Thanks in advance!

Bien Nguyen
Sweet Retreats Vacation Properties LLC

Hey Bien,

if you’re looking in Clearwater/St Pete or the greater Tampa area feel free to connect. I have purchased 3 STRs personally in the last 18 months and have closed on at least 25 for clients in the past 12 months. I have a furnishing and design team to help out if you’re not wanting to come down personally and I also co-host at a discounted rate for my clients. Congrats on the launch of yours in Savannah!

3 Votes

Classifieds

Post: Looking for a STR real estate agent in Tampa

Josh Green

Posted January 11, 2024 21:01

Realtor
Tampa/St Pete/Clearwater, FL
Posts 377
Votes 341

Quote from @Michael Klein:

I'm an agent in PA and have a client that is looking to invest in a STR. She's based in Tampa and currently have a portfolio of long term rentals. She's interested in Tampa area, Clearwater and Panama City. Does anyone have a recommendation for a STR real estate agent in these areas?

Feel free to connect - I’ve personally bought 3 the past 18 months and manage 10+ for clients at a discounted rate. I also have a furnishing and design team that makes it really convenient for buyers who are out of state or simply don’t have the time to do what it takes to get a top performing listing as they are a huge logistical undertaking. 👍🏼

1 Vote

Tampa, Florida

Starting Out

Post: Investing around Tampa, Fl

Josh Green

Posted January 05, 2024 07:31

Realtor
Tampa/St Pete/Clearwater, FL
Posts 377
Votes 341

Quote from @Danaysi Ramos:

Hello BP community! My husband and I are looking to start our real estate investing journey this year. We have been reading BP books, podcasts and this forum to be as educated as possible.
We have $50-70k to get started. Looking for SFHs and small multi-units. We would like to maximize cash flow although our initial capital is a bit limiting.

We are looking at surrounding areas like Lakeland, Brandon, etc.

Looking for insight for the best areas to invest in the Tampa area for CoC ROI of 5-8%. Is this even doable without strong local relationships?
Should we consider out of state investing to achieve this?

Thank you so much!
Excited to start interacting more.

You're very unlikely to get 5-8% CoC on an LTR without a combination of a few factors:

1) Creativity to push the income up (ie STR)

2) Rehab in the project

3) House-Hacking

0 Votes

Tampa, Florida

Starting Out

Post: New to REI. Nervous, should I get training?

Josh Green

Posted January 03, 2024 06:28

Realtor
Tampa/St Pete/Clearwater, FL
Posts 377
Votes 341

A lot of good insights here. It really boils down to asking yourself the “why” and then making a plan and taking actions toward the plan. If you’re looking into wholesaling or flipping, merely for a “quick cash fix” then that goal and action plan will be very different than trying to build wealth or passive income.

Listen to the BP podcast episodes on house hacking. There’s rarely a better way for a new investor to start!

2 Votes

Tampa, Florida

House Hacking

Post: Math on a house hack

Josh Green

Posted December 31, 2023 16:32

Realtor
Tampa/St Pete/Clearwater, FL
Posts 377
Votes 341

Quote from @Thomas McNeil:

Ok,

Total newbie. I know about the 1% and 2% guidelines for rental incomes, but, what should someone be looking to bring in for rental income on a house hack in order to make it worth it to buy the house?

I have a place I'm looking at that is $400,000 but has rental income of approximately $1800. Seems like a good deal to me, but, still trying to understand whether it is or not.

Thanks for your help!!

If this is in the Tampa Bay area, definitely can do better than that. Could be a decent deal in another market, if that state has super low insurance and property tax but here, you could point your finger anywhere and do better :)

1 Vote

Tampa, Florida

Classifieds

Post: Tampa Realtor / Agent Referrals with personal Hacking & Rental Experience

Josh Green

Posted December 09, 2023 08:37

Realtor
Tampa/St Pete/Clearwater, FL
Posts 377
Votes 341

Quote from @Lucas Foley:

My girlfriend and I are looking to house hack a SFH with the intention of turning it into a 100% rental at the end of a year. She's a nurse at St. joes and the current plan would be to find a home suitable for a co-living MTR / STR marketed toward nurses.

Multi Units are being considered but we think we like the idea of a SFH and putting up with roommates for a year and renting by the room. Of course, cash flow will win and we are still in the pre-approval process for an FHA.

if you are a realtor and have house hacked, own rentals, please comment or text me (# in profile) Anyone else, would love to connect and welcome you to all-state colleagues, friends and partners.

🙏🙏

Hey Lucas,

I've done 3 house hacks myself with a mixture of room by room, long term renting a separate unit, mid term renting and short term renting a unit. I've also helped maybe a dozen people do house hacks this past year alone in the Tampa bay area from Pinellas county to Hillsborough and manatee counties.

Sounds like you're willing to give up a little comfortability for profitability in a house hack which is great - the most successful house hacks and house hackers out there get creative and make these sacrifices to push the profitability up and I've done that myself as well. Love the St Pete area for house-hacker as there are so many strategies to it. I'm actually under contract for a client doing their 2nd house hack in north St Pete and working with another looking all over Pinellas county. If you're seriously looking, feel free to reach out and we can talk next steps 👍🏼

1 Vote

Tampa, Florida

First-Time Home Buyer

Post: House Hacking in Tampa/St. Pete

Josh Green

Posted December 03, 2023 08:45

Realtor
Tampa/St Pete/Clearwater, FL
Posts 377
Votes 341

Quote from @Aaron A.:

Do you think it’s better to buy a single family rental in the Saint Pete or the Tampa Bay Area? and what about flood insurance. Would you even consider a property in a flood zone in either area?

Thank you in advance!

SFH and LTR

I think that's a little more of a personal preference question. Typically, the biggest factors that will play a larger role for a house hacker are (in no immediate order):
1) location restrictions (need to commute to work somewhere)
2) budget/inventory (if you're open to both, I'd be looking at both areas and choose based on the property itself and how it meets your needs/goals better than the other)
3) property specifics (need a certain size or amenities for yourself)

Rents and prices are pretty comparable between the two. Inventory depending on the type of property as well can be pretty comparable but it depends on what your buy box is. That also plays a role in competitiveness to get the property and typically I see more in St Pete being more competitive but it depends on the buy box. 👍🏼

0 Votes

Tampa, Florida

House Hacking

Post: Bank Recommendations in Tampa for First-Time Househacker

Josh Green

Posted October 18, 2023 06:36

Realtor
Tampa/St Pete/Clearwater, FL
Posts 377
Votes 341

Quote from @Naya Marquez:

Hello! I'm looking to purchase my first house hack early next year in the Tampa/Clearwater/St. Pete area and want to know if anyone has recommendations of banks I should go to to inquire about a loan? Preferably local banks / credit unions that are familiar with the househacking process and willing to work with someone getting into it for the first time. Any help is appreciated!!

I recommend getting with@Raymond J. Rodrigues he and I have done a lot of house hacks for people in the St Pete/Clearwater area!

0 Votes

Tampa, Florida

General Real Estate Investing

Post: Seeking RE Connections in Tampa Bay, Central Florida

Josh Green

Posted October 16, 2023 13:06

Realtor
Tampa/St Pete/Clearwater, FL
Posts 377
Votes 341

Quote from @Ashley Hall:

Hello Everyone,

I'd love the opportunity to meet face to face with people who are making RE moves in the Tampa Bay or Central Florida area.

About me: I'm a remote business professional working in Procurement, born & raised in Tampa Bay and have explored this great state all over. My professional has really prepped me to understand many areas such as contracts, construction, negotiation, project management and the list goes on. I'm constantly told I ask a lot of really great questions, so overall I feel like my professional experience has given me a good foundation going into real estate..but we know there is so much to learn.

Goal: My current goal is to network and meet people in the real estate space.. and find a property I can purchase FHA and house hack by Q1 2024. I feel like I have a great business mindset and if I can do this successfully then I would like to rinse & repeat, but am open to learning about other real estate investing opportunities, strategies, or even partnerships for the future.

Who I'd like to meet: Anyone at any level of real estate investing, of course ideally, anyone who is experienced and willing to discuss or give tips.

You're in the right track: house hacking is the way to start. I would immediately also recommend you begin your buy box:
1) start calculating the PITI of different purchase price points and make a chart so you can quickly analyze deals that are going to work for you or not.
2) this will also help you see if your expectations are realistic or not - ultimately you have to play what the market will give you. E.g. you can't control interest rates or house prices but you can control where you buy, what you buy, how you create highest and best use, etc.
3) keep listening to the BP podcast! This will help keep your mindset sharp and your understanding with different RE strategies will grow.

Feel free to connect and we can talk more. I've done 3 house hacks personally (all done after my master's degree and before 30) and couldn't recommend it more. And yes, every year since I started my RE journey the herd was screaming "don't do it, housing is so overpriced" LOL.

1 Vote

Tampa, Florida

Buying & Selling Real Estate

Post: To start my Real estate journey

Josh Green

Posted October 16, 2023 13:00

Realtor
Tampa/St Pete/Clearwater, FL
Posts 377
Votes 341

Quote from @Ashok NA:

Hello everyone,

My name is Kumar, and I am from Florida. I wanted to be financially independent and was looking for options. I finally decided to get into Real Estate and start my journey. I'm a working professional. How would I start?

Please guide me.

Thank you

I recommend you start by listening to the podcasts episodes on house hacking. That is the way to start for 99% of people. I've done 3 myself and I'm still in my 20s. Couldn't recommend it enough!

2 Votes

Tampa, Florida

Josh Green has started 21 posts and replied 354 times.

Rounded Star Post: Clearwater, FL or Murrells Inlett, SC

Rounded Star Post: Looking for a STR real estate agent in Tampa

Rounded Star Post: Investing around Tampa, Fl

Rounded Star Post: New to REI. Nervous, should I get training?

Rounded Star Post: Math on a house hack

Rounded Star Post: Tampa Realtor / Agent Referrals with personal Hacking & Rental Experience

Rounded Star Post: House Hacking in Tampa/St. Pete

Rounded Star Post: Bank Recommendations in Tampa for First-Time Househacker

Rounded Star Post: Seeking RE Connections in Tampa Bay, Central Florida

Rounded Star Post: To start my Real estate journey

Post: Clearwater, FL or Murrells Inlett, SC

Post: Looking for a STR real estate agent in Tampa

Post: Investing around Tampa, Fl

Post: New to REI. Nervous, should I get training?

Post: Math on a house hack

Post: Tampa Realtor / Agent Referrals with personal Hacking & Rental Experience

Post: House Hacking in Tampa/St. Pete

Post: Bank Recommendations in Tampa for First-Time Househacker

Post: Seeking RE Connections in Tampa Bay, Central Florida

Post: To start my Real estate journey