All Forum Posts by: JW Franz
JW Franz has started 8 posts and replied 47 times.
Post: Foundation and beam issues in escrow

JW FranzPosted
- Investor
- Tampa, FL
- Posts 54
- Votes 6
Does this house happen to be on 44th? If so I have seen it.
Post: Short Term rentals (AirBnB-VBRO) business models

JW FranzPosted
- Investor
- Tampa, FL
- Posts 54
- Votes 6
I know a few HOAs here in Tampa are modifying their condo docs to restrict new owners from long term renting the property out for 1-2 years. They are also prohibiting short term rentals of less than 3 months. Are you experiencing this? Are you staying away from condos with HOAs all together?
Post: Contracts

JW FranzPosted
- Investor
- Tampa, FL
- Posts 54
- Votes 6
OK. Let me know when you are ready.
Post: Contracts

JW FranzPosted
- Investor
- Tampa, FL
- Posts 54
- Votes 6
Aryelle,
Once you get the house under contract email me, I will give you my attorney's information. He is excellent, reasonably priced, and based in downtown Tampa. I recommend having your contracts reviewed especially if you are using stock contracts.
Joe
Post: St. Petersburg Florida, 75K rental properties?

JW FranzPosted
- Investor
- Tampa, FL
- Posts 54
- Votes 6
I agree with most of these comments. I specialize in buying, rehabbing in St Pete. Mostly in S St Pete, but I own in N Tampa as well. The cash flow is great, as stated above. My advice is being hands on, I would not recommend this type of investing to someone out of town and most of the Property Management companies have issues in the south St Pete areas. But a combination of Section 8 housing and market rentals is a solid investment. I would not focus on appreciation in these areas, as most houses are re-purchased by another investor looking for a deal. As someone stated above these areas are improving but it is street by street knowledge. Literally. I have bought dozens of homes in the $30s pumped $20k into them and rent them out for an average of $950 a month. I do self manage my properties and a few others for some local investors. Also, manage my own staff of craftsmen. Again, this is not for everyone. I have found 35% will only stay one year and the homes need a full turnover. So I calculate my return based on 11 months. If you are skittish about these areas, spend a bit more and focus on north of 5th Ave N in Pinellas. I am doing a rehab there now, purchased a 3/1 for $78k putting in about $30k. Will rent for $1250. But there is appreciation opportunity. Overall, most deals are disappearing. Lots of investors buying. I was lucky enough start 3 years ago. I am currently holding my properties, collecting rent, and only picking up select deals for all cash. It is all about the ROI on the monthly rentals. If any wholesalers are reading this, I am still buying well priced units, any condition.
Jared,
I am a licensed GC based in Tampa. I have done many full rehab projects including my own investment properties. I would be interested in bidding on your project. I have two of my own projects going but I am able to take on others if your schedule is somewhat flexible.
I can send you a few pictures of some projects I have completed.
Joe
Post: Termites for the win

JW FranzPosted
- Investor
- Tampa, FL
- Posts 54
- Votes 6
Tampa Josh,
I am in Tampa and St Pete as well. How much for the tent work? who is the company you recommend? And do they provide a warranty?
Thank you.
Joe
Post: St Petersburg FL SFR Rental 3 Pack $119k

JW FranzPosted
- Investor
- Tampa, FL
- Posts 54
- Votes 6
Jeff,
Tried to call you a few times. Please email me the full list of available homes.
Thank you.
Joe W
Post: St Petersburg FL SFR Rental 3 Pack $119k

JW FranzPosted
- Investor
- Tampa, FL
- Posts 54
- Votes 6
Jeff,
I will call you to discuss these in the morning. I am looking for several in these neighborhoods.
Joe
Post: Looking for Florida CPA and attorney

JW FranzPosted
- Investor
- Tampa, FL
- Posts 54
- Votes 6
Justin,
Send me an email and I will forward you my attorney and CPA. They both specialize in Real Estate.
Joe