All Forum Posts by: Kerry Hennessy
Kerry Hennessy has started 6 posts and replied 26 times.
Post: Finding Target Neighborhood for Multifamily in Tampa

- Brandon, FL
- Posts 29
- Votes 5
Hi,
There are not many multis in the south county area (south of Brandon). There is very little industry in Ruskin at this time but that will be the direction of the urban sprawl. The Little Harbor area has been dominated by Chinese and Canadian $. What buisness are you in? I know the area well and I am also looking for multis. I have seen the most Oppurtunity for multi family in Tampa proper. Best of luck!
Lot of new construction going on southbound 41 & 301
Thanks for the insight and advice. I'm down 47 podcasts and counting (I listen at work) in the last week. Gonna start making my way thru blog posts and try and soak up this great info. Thanks again
I am in a similar situation with similar numbers. I will be watching this thread. Good luck to you.
What is the safest type of Real Estate investing? Who were the investors that still made money in the crash of 2008? I am new to this game and am hoping to be a passive investor doing buy and hold on property that cash flows. What are the market implications on a buy & hold investor that bets on cash flow not appreciation? Did these type of investors survive the last bubble burst? Is there something safer out there?
Sorry for the noob question but I guess this is the "starting out" forum
Great advice Chris. I found the sample spreadsheet. I have some homework to do! Thanks man, and yea, that muskie counts.
Daytona is inexpensive. Lot of cheap flights into Tampa and Orlanfo on SW.
Mabey you ought to start investing in Fl...we have real fish to catch here! Joking, but really, I would be happy to pick your brain out on the boat, I just missed the big money in the King of The Beach Kingfish tournament the other day. 32lbs!
@Cal C.
Great info. That investor beware knowledge is just the kind of stuff I need to educate myself on. Thanks for the help y'all
Thanks Chris,
I agree it does look like it was a recent flip project. In this type of situation (assuming I had the $), what would I make as a hypothetical offer on this deal? Or do I need more details to make that kind of numbers judgment? Again, for training purposes only but I am interested in similar projects.
Is the Zillow "Zestimate", anything to even pay attention to?
www.zillow.com/homedetails/8703-N-12th-St-Tampa-FL-33604/82054178_zpid/
Forgot to post the link. Way to start out on the right foot Kerry, duh.