All Forum Posts by: Luke Rorech

Have a few things going on throughout the week but not set in stone yet, so tough to pin down a particular time at the moment. Ping me next Monday and I'll know then. 

As others have mentioned, Polk County is great for cash flow plays, especially MF. On the gulf coast, I love the opportunity that STR provide since there will never be a lack of visitors with the great beaches in the area. Just be careful you check local municipality rules and regulations as some are quite strict against STR

Welcome to the area @Grant Sadowski. Tampa Bay is a great market to be involved in. Feel free to shoot over any questions you may have. 

At least you're staying in a solid part of town @Joseph Diandrea . Check out Dunedin Smokehouse for some great BBQ. In addition, feel free to fire away any questions regarding local house hack info. 

Welcome to the area. 

@Nate Johnson welcome to the area. Tampa Bay is a fabulous market for real estate but I have to admit, BRRR is currently tough to come by. If cashflow is your play, Columbus is a solid market to look at and if you do, I recommend reaching out to @Remington Lyman for assistance. If you're looking for appreciation and cashflow, feel free to send over any questions you may have. 

@Aaron Vargas it will require a commercial loan. What the terms are can vary drastically and I suggest speaking with some commercial lenders to get the best idea of what those will be for you. Some common terms for commercial consist of 20 year amortization with a balloon payment due at the end of year 5, some can be interest only and not amortized, rates will also vary but 5-7% is what you can look shop for. 

@Stephan K. as @Mike Shulman mentioned, str are legal in IRB but make sure you check with the HOA if one is in place. Sometimes they'll trip you up a bit on the length.

Thanks @Jerryll Noorden. If I can ask, what is it about Carrot sites that you DO like and why it's the site you and your clients utilize? 

@Dan Portka young professionals group, local universities for guest speakers, local REIA groups

Crexi has been the best resource for anything 5+ units. 2-4 units, I just set up an automatic email to send me the days new listings every single day so I’m seeing everything new to market daily.