All Forum Posts by: Mya Toohey

While you say Florida is boom/or Bust.  I can find deals with 100k profit after a 100k rehab.  Big project yes, but great returns.  I am in the Clearwater, Tampa, St Pete areas of Florida as well.  It gives you a  reason to come visit the beach!

The Tampa area has an influx of people moving here. LTRs are and will stay a major part of Real Estate here. MTRs are also a great way to make more than a LTR. It all depends on your strategy, house hacking, rehab, BRRRR and/or turn key properties. If you can do a value add and BRRRR it, that really makes the most money.

Do you have a primary yet?  20k will maybe cover a 5% down loan a 400k house.  Otherwise, you would need 10-25% down to use a investment loan.  Look into a vacation home loan as well if you own primary.  @River Sava may be able to help you as well for financing options.  

Maybe also look for an accountant that is in the area to help you out.  I am in Florida and the small local banks are the best for handling these types of trusts.  

I think you should rent and take the tax benefits from having a rental and then buy a new home in Austin. I am Florida and if we could have a mortgage at 4.75 I would keep it for sure. If you don't have restrictions you could try a STR or Mid term as well. For sure, keep it in my opinion.

Hi!!! Welcome to BP! I am always happy to help you on your journey!!!  I am in the Tampa Florida area and we have great opportunities with multi families.  

Investors!!! If you are looking for Flips, BRRRR, LTR, MTR, STRs and House Hacks, then call me!!!! I can help you find your dream property. Check out Propdiva.com to see what we do!!! I help you maximize profits and minimize costs.

Do you need help with your STR? I can help you set up and get you up and running!!!... Call me if you have questions! 727-900-8972

WELL, first check local and city regulations. Make sure that you can use it as an STR/Airbnb/VRBO. Use the STR calculator here on BP to see if it a lucrative market or over saturated and too competitive to make it without using a bigger platform to host it. You can also look at furnished finders and see if Mid Term would be good and you can be consistent with prices and make sure you know how much it will cost to furnish and make sure the investment is worth it.

I work with all OOS investors.  I am in The Tampa Florida area.  Buying an investment here also gives you a reason to vacation here and use it as a tax deduction.  LOL...I'm not an accountant but I know it's why a lot of my investors but here from up north.