All Forum Posts by: Nadia Daggett

Investment Info:

Single-family residence fix & flip investment in Sacramento.

Purchase price: $1,595,000

Welcome to the ultimate investment opportunity in one of the most coveted locations in Tampa Bay—just steps from downtown and the water. Surrounded by luxury estates and celebrity neighbors, this property sits in a high-demand enclave where the lowest recent sale was $2.2 million.

Just down the road, a teardown property sold for $1 million—land value only. Across the street, a stunning home designed by Oprah Winfrey showcases the level of prestige and beauty in this exclusive neighborhood.

What made you interested in investing in this type of deal?

Such a great investment in a great area.

I'm Nadia Daggett, Broker at Investing N Florida, specializing in strategic investment opportunities. I currently have several properties for sale in flood-prone areas along the beaches of St. Pete, including Madeira Beach and Sunset Beach that our investors are buying to use the STR BRRRR strategy. I'm curious to hear from other investors who have ventured into flooded properties such as what challenges did you face, particularly with insurance and permitting? Were there any unexpected hurdles during the rehab or resale process? What strategies or flood mitigation measures worked best for you to ensure long-term profitability? These properties offer incredible potential, but I’d love to learn from other investor experiences to better guide my clients and partners. If you’ve tackled similar projects, please share your insights!

I’m Nadia Daggett, the broker of an investor-friendly midterm rental brokerage in Tampa. I love working with midterm rentals as they bring more income than long-term rentals and higher occupancy than short-term rentals while maintaining similar rates. I am always looking to improve my tenants' stays, as I have a high return guest ratio with quality tenants, including professional athletes, executives, and more. Recently, I’ve started adding a serving tray with items to help my guests feel more comfortable during their stay, including a QR code to an online welcome packet. Investors, what are some things you do to make your short-term rental stand out?

@John Clark here is a good article of what is happening in the Tampa Market https://www.floridarealtors.org/news-media/news-articles/2024/06/sellers-cutting-prices-these-florida-cities?utm_campaign=6-27-24%20Florida%20Realtors%20News&utm_source=iPost&utm_medium=email

@Doug Smith yes please! Let’s definitely get together to discuss real estate!

As the broker of Investing N Florida, I frequently encounter clients who prefer to wait for interest rates to decrease before purchasing a home. With your experience, would you recommend buying a home now at a higher interest rate with a $100K price reduction in a buyer's market, or waiting 6 months for lower interest rates and the potential return of bidding wars?

@Dan Delcorio

I am with Investing N Florida. A very investor friendly brokerage and concentrate on innovative real estate strategies.

Come, join us at our next Investors & Wine networking meeting.

Our meeting is open to investors from every corner of Florida, providing an opportunity to delve into the industry, expand their teams, improve return on investments, and stay updated on real estate trends. Throughout these sessions, Breakthru Beverage will present limited-production wines for sampling, accompanied by appetizers.

The purpose of these meetings:

1. -Network with likeminded investors
2. -Discuss proven strategies with professionals in the field
3. -Build your real estate teams
4. -Drink amazing wines provided by Breakthru Beverage

@Haylee Moore I highly recommend Jake Trimble with Brightway Insurance. I will PM you his details.

@Ashley Undercuffler

I highly recommend Andrew Hoek with Dewitt Law. He works in the Tampa Bay Area and all over Florida.