All Forum Posts by: Luke Skinner
Luke Skinner has started 1 posts and replied 32 times.
Post: Multi Family investing in Tri-State area
- Real Estate Agent
- Tampa, Fl
- Posts 43
- Votes 39
@Klarens Haxhi
You're very welcome. Feel free to message me if you have any more questions!
Post: Multi Family investing in Tri-State area
- Real Estate Agent
- Tampa, Fl
- Posts 43
- Votes 39
Currently right now the Tampa area is a great cash flowing market. Right now there are many new districts being built in the Tampa area. 5Billion going into South Tampa alone. There is an investment property out there for everyone. You can acquire a $110k SFH that brings in $200-$300 a month in cash flow or buy a new construction Multi Family property or one that has add value and great cash flow after debt services. Currently the average rental amount in Tampa is $1350 with a diverse community that makes this market very appealing to investors.
Also there are great cities around Tampa to invest into as well such as St. Pete, Clearwater, Lakeland, Brandon. I hope this helps!