All Forum Posts by: Linda Wright
Linda Wright has started 4 posts and replied 36 times.
Post: Analysis Paralysis - Should I take the plunge?

- Real Estate Agent
- Posts 39
- Votes 23
Maybe I missed it but what area of Tampa is it in? That would be part of my decision making process. Some areas will always be hot even if the market falls, so it may be worth a small negative cash flow, some areas not so much.
Post: When someone asks you to add 48 + 27, what happens in your head?

- Real Estate Agent
- Posts 39
- Votes 23
@Dennis Wayne me too
Post: Newly Licensed Agent

- Real Estate Agent
- Posts 39
- Votes 23
@Quincy Knighten hi welcome☺️
Post: Long time listener first time poster

- Real Estate Agent
- Posts 39
- Votes 23
@Freddy Morales Great Job!
Post: I Need Advice and/or Help

- Real Estate Agent
- Posts 39
- Votes 23
@Account Closed
Hi Nick. Keep it if you don't need the cash! I just sold my South Tampa rental (Plant) because I thought it would be the smart thing to do to have liquid cash, but I'm sorry I did now. South Tampa is such a hot market and the rental prices just keep going up and up. As well, from different information I've been listening to, inflation is going up making cash worth less. Having an asset like a rental will increase in value. I would totally rehab it and rent it. If you do decide to sell let me know what you want for it. Hope that helps.
Post: Tampa Real Estate Mastermind

- Real Estate Agent
- Posts 39
- Votes 23
@alan
@Alan Davidson Hi Alan, Just sent you a message.
Post: Up-and-coming suburbs near Tampa, FL

- Real Estate Agent
- Posts 39
- Votes 23
@Eulice Trinidad yes, there are a few others. Near Wesley Chapel, there is Land O Lakes, Lutz, and maybe even Odessa. Riverview is another area that is growing quite a lot, that is a little South of Tampa. There is a lot of New construction and growth in the area too. I think Wesley Chapel has more growth at the moment with more amenities (like the 2 malls, lagoon, etc) and they have some good schools too if you have children.
Post: Up-and-coming suburbs near Tampa, FL

- Real Estate Agent
- Posts 39
- Votes 23
@Eulice Trinidad.
Hi, I live in Wesley Chapel and this area is growing tremendously. There are tons of restaurants and shopping in the area. it’s home to the country‘s largest man-made lagoon, and has an event featured place that has the up-and-coming container stores and Park area. if you want newer homes built in 2000 and up this is definitely a good place to be. There are also some areas that have land. As well, I used to live in South Tampa where McDill Air Force Base is. South Tampa is a very hot market but also very pricey. You are generally find older homes there and smaller homes for the same price you would fine newer and larger homes out here in Wesley Chapel. Both areas are great. I am a real estate agent and real estate appraiser and Feel free to contact me for more information about the areas. Are you looking for a home to live in or to invest in?.
Post: First time investor with 350k Max

- Real Estate Agent
- Posts 39
- Votes 23
@Max S. you can invest in many parts of Tampa and not worry about flooding. I've lived here my whole life and only a few areas have flooded over that time. The key is find homes in the right flood zone (X) which most of Tampa is. If you need any help, I'm a realtor in Tampa, feel free to reach out.
As far as finding out the zoning, you can look at the county appraiser website and search the address of a property and find out the zoning in Pasco and Hillsborough Counties. Hillsborough County is the Tampa Bay Area. Zoning for Pinellas County which is St. Petersburg, Clearwater, and other areas around is a little more tricky. You would have to google zoning map for these specific areas. For example the City of St. Petersburg zoning map is in a different place than just St. Petersburg. You can also call the records office. As far as lenders, I wouldn't wouldn't call a bunch and have them compete. You should call a few and find a lender that will work with you as an investor and that you can build a long term relationship with. Changing zoning can be a lot of work, so trying to find a property that is already zoned for what you want may be a good idea. For example in St. Pete there are busy streets that have single family homes on them and many of them are businesses and zoned for business. If you do want to change zoning, maybe look for a property that just hasn't changed yet, but the neighboring homes have changed.
Once your approved for a loan, you can immediately purchase a property. If you are doing regular financing it takes about 40 days to close on average.
Also, see if you can find a home with an additional unit too. It may be hard to find but sometimes in the Seminole Heights area and in St. Pete you can find them.
If you need any additional help let me know. I am a realtor too:)