All Forum Posts by: Zach Welner

Great South Tampa flip opportunity! The functional floor plan will allow you to use your creativity to capitalize in this hot market. Residential buyers are flocking to South Tampa, don't miss out!

Pictures: Contact me if interested.

Purchase Price: Contact me if interested!

Rehab Estimate: $53,000

ARV: $255,000

*Cash or Hard Money ONLY*

Zach Welner
RE License # SL3365303
NetWorth Realty LLC
973-951-9163
5601 Mariner St Suite 104 Tampa, FL 33609
RE Corp # CQ1048456

THIS HOME IS LOCATED IN A QUIET NEIGHBORHOOD IN DUNEDIN. A THREE BEDROOM, ONE BATHROOM SINGLE FAMILY HOUSE, WOULD BE BETTER SUITED AS A TWO BEDROOM, ONE BATHROOM AND ADDING FRENCH DOORS TO THE BONUS AREA AND MAKING IT A SOLARIUM. ITS LARGE BACKYARD IS VERY INVITING WITH BUILT IN-GROUND SWIMMING POOL TO THE SIDE. THE BACK YARD HAS ENDLESS POSSIBILITIES. A MUST SEE FOR ALL.

Purchase Price: Contact me for details

Rehab Estimate: $35,000 ( I have a written contractor bid on this property for just under $24,000. This does not include the roof, waiting to get a bid back from that but still should be under $35,000)

ARV: $235,000

I have a Cash vs. Hard Money Breakdown for this property. The Hard Money ROI (return on Investment) is TRIPLE the Cash ROI!

*Cash or Hard Money ONLY*

Zach Welner
RE License # SL3365303
NetWorth Realty LLC
973-951-9163
5601 Mariner St Suite 104 Tampa, FL 33609
RE Corp # CQ1048456

Nice cozy home location in South St. Petersburg. This house is a 1 bedroom and 1 bathroom on a nice size lot. The home can be rented as a 1/1 at $700 or can be rearranged to be a 2/1 which will get $850 in rents. This house is priced to sell and ready to be added to your rental portfolio. Call now!

Purchase Price: Contact me!

Rehab Estimate: $12,000

ARV: $60,000

*Cash or Hard Money ONLY*

Zach Welner
RE License # SL3365303
NetWorth Realty LLC
973-951-9163
5601 Mariner St Suite 104 Tampa, FL 33609

RE Corp # CQ1048456

This is a beautiful 3 bedroom and 2 bathroom home nestled in a quiet neighborhood. This house is the perfect home to add to your rental portfolio. The house needs just a few minor touch up's to make it move in ready. This house is able to get almost $1,100 in rents. Don't waste anymore time thinking about this great deal, add this rental to your portfolio today.

Purchase Price: Contact me to find out!

Rehab Estimate: $10k

ARV: $90k

*Cash or Hard Money ONLY*

Zach Welner
RE License # SL3365303
NetWorth Realty LLC
973-951-9163
5601 Mariner St Suite 104 Tampa, FL 33609
RE Corp # CQ1048456

Great potential with this 3/2 bungalow flip in the hot Seminole Heights area! Retail buyers love this location as the popularity continues to skyrocket. The property will need a full rehab. Use your creativity to bring this home back to life!

One of the comps for this property is a previous property that I had sold. It is pending under contract for the list price of $229k and went under contract after only 3 days!

Purchase Price: Contact me if interested

Rehab Estimate: $45,000

ARV: $210,000

*Cash or Hard Money ONLY*

Zach Welner
RE License # SL3365303
NetWorth Realty LLC
973-951-9163
5601 Mariner St Suite 104 Tampa, FL 33609
RE Corp # CQ1048456

GREAT TURNKEY RENTAL OPPORTUNITY WITH BUILT-IN EQUITY! PROPERTY IS LOCATED IN THE POPULAR AND GATED LAKEWOOD RIDGE TOWNHOMES IN BRANDON.

Please contact me for more information on the property including Purchase Price, Pictures, etc.

Zach Welner
RE License # SL3365303
NetWorth Realty LLC
973-951-9163
5601 Mariner St Suite 104 Tampa, FL 33609

RE Corp # CQ1048456

@John Thedford I appreciate the explanation! That does all make sense. Thank you

Fair enough. I am curious though, if that is the case, on the Florida As-Is contract (FARBAR), for example, why are contracts still accepted when either the "this contract is assignable" box or the "this contract is assignable to..." box is checked off? Clearly Title Companies wouldn't accept those contracts. Wouldn't they be void?

Correct me if I am wrong, but I believe the main thing @John Thedford is talking about is when people aim to assign contracts without the owner's knowledge.

But to answer your original question @Chris Ntwali, yes there are quite a few Wholesalers in the Tampa Bay area, some good (that do business legally and ethically) and some bad, just like any real estate market. Tampa Bay is incredibly hot and there are a LOT of distressed homes to buy, so it is definitely a great market to wholesale in, you just need to do your research beforehand and choose who you do business with carefully. 

I am an investor friendly Realtor and wholesaler in Tampa Bay, so if you have any questions, I would be more than happy to answer them. Thanks and good luck!

@Josh Day, @Jeff Morelock is right. MF isn't really overpriced, Tampa Bay is just an insanely hot market. That being said, it still has much greater prices and margins than most markets in the country. It's really all about the ROI (return on investment) or for rentals, the 1% rule. If either of those work, buy before someone else does. It is a very competitive market here.