All Forum Posts by: Luke Rorech
Luke Rorech has started 3 posts and replied 343 times.
Post: Just got 60k. How can I double/triple it?

- Real Estate Agent
- Greater Tampa Bay
- Posts 392
- Votes 290
Put it all on black.
Post: Househacking Small Multi Family in Tampa

- Real Estate Agent
- Greater Tampa Bay
- Posts 392
- Votes 290
Pinellas County is going to have a much larger selection than Hillsborough County. As others have mentioned though, small multi deals are very competitive and still in high demand.
Another option to consider is sfh w/ an adu. Still competitive but an added plus to that is you can go 5% down conventional instead of having to go 3.5% down fha or 15% down conventional, as you would need to do for 2-4 unit properties.
Redfin has a solid search function to view sfh with guest houses if you click that option.
Let met know if you have any questions or want to discuss in more detail.
Post: Tampa - Vacant Land

- Real Estate Agent
- Greater Tampa Bay
- Posts 392
- Votes 290
Quote from @Kaylan Haight:
Hi everyone!
I am wanting to wholesale vacant land and wanted help with understanding how to determine if the land is attractive to cash buyers. Is it primarily the location of the land or are there other factors?
Also, how do you determine the value of the land or what are cash buyers typically paying for it nowadays?
I appreciate your help. Thank you!
There’s a number of factors to that. You’ll want to check the zoning, know what highest and best use would be, and consider getting a survey.
Post: STR allowed in Grand Bellagio condo in Clearwater ?

- Real Estate Agent
- Greater Tampa Bay
- Posts 392
- Votes 290
@Niti Bhat Looks like you must own for 7 months prior to leasing it out and min. lease is 7 months but as @Bruce Woodruff mentioned, call and ask to confirm.
Post: House Hack in Tampa Bay area

- Real Estate Agent
- Greater Tampa Bay
- Posts 392
- Votes 290
Solid buy @Matt Smith. My wife and I moved to the New Port Richey area recently as well to get more bang for our buck. Really excited about the long term growth I expect out of this area. The Suncoast has been somewhat ignored in the past but think it's prime for lots of development in the years to come.
Post: Best cash flow cities for 2023

- Real Estate Agent
- Greater Tampa Bay
- Posts 392
- Votes 290
Quote from @David Ramirez:
New Port Richey, Florida
Post: Best county to invest in Tampa-metro

- Real Estate Agent
- Greater Tampa Bay
- Posts 392
- Votes 290
Pinellas County is a solid choice. With recent appreciation over the past 24 months, not a lot of properties pencil. What's nice about Pinellas though is that you have the option of single family homes as short term rentals and more small multifamily properties (2-4 units) than anywhere else in Florida. So you have some options.
Pasco County is also showing a lot of promise long term as people look for more affordable housing solutions.
Post: Real estate events in Tampa

- Real Estate Agent
- Greater Tampa Bay
- Posts 392
- Votes 290
Meetup is another solid option to add to the list Lucie mentioned.
Post: STR in St Petersburg

- Real Estate Agent
- Greater Tampa Bay
- Posts 392
- Votes 290
When looking in Pinellas County for less than 30 day stays, unincorporated Pinellas, Largo, and Indian Rocks Beach are the most STR friendly locations. St. Pete allows 3 less than 30 day stays per trailing 12 months, so it isn't a complete no-no. I'm also a big fan of medium term rentals in the area as well.
Feel free to reach out with any specific questions.
Post: What CRM are you using?

- Real Estate Agent
- Greater Tampa Bay
- Posts 392
- Votes 290
Appreciate the thorough response @Joel Bongco.