Straight from the Top!

This is why I tell everyone there are some good investments out there.  This is the actual speadsheet analysis for a contract we just wrote on a home for sale in Valrico to be used as an investment.  The fair market value of the home as a rental is $1300, and from that, I deducted the property management fees to get to a net rental income amount.  It yields an estimated cash on cash return of over 22%, and an estimated IRR over the a five year period of 22% after hiring a professional property management company.  How good could it be?  Have prices stabilized?  If you can earn 22% ROI, how much lower could they go?  Personally, I don't think they can drop any more because what would an investor earn on a real estate investment at that point?  Maybe 30 or 40%?  Now is the time to wisely buy Florida real estate in the Tampa Bay area!

There are lots of incredible deals on homes in the Tampa Bay area, especially in the waterfront condo market, which seems to have taken the biggest hit when the real estate market dropped a few years ago.

The point is, there are some incredible deals on both owner occupied and investor homes in the Tampa Bay area.  You just need to know how to shop for the best deals.  If you are interested in buying or selling a home anywhere in the Tampa Bay area, or you need property management group, please let me know.