House Flipping Opportunities are Back!

After the market declined, many investors found it very difficult to find flipping opportunities. Since home values had reduced by over 50% in many markets, investors were forced to rent their properties until the right time to sell returned.

ATTENTION Investors, release the property managers and hire me as your Realtor. Resale property inventory is extremely low and eager homes buyers are jumping at the chance to snatch turn-key homes within the first few days of being listed. Not only can you sell your rental inventory, there is still an opportunity to purchase distressed, fixer uppers at low price points, and remodel to sell at higher price points. Yes, that scenario I just explained is called Flipping.

Flipping is back. Only for a limited time, so take advantage while it lasts.

Dupree Lakes New Construction (Land O’Lakes)

Lot	Plan Name	Elev	SqFt	Price WAS	Price NOW	Description	Ready
1802	Mystic II Floor plan	MEM	2621	$274,355	$259,990	4BR/2.5BA/ext lanai 2-car/2-story	NOW
1822	San Jose Floor plan	MEA	2206	$250,018	$229,990	4BR/2.5BA 2-car/2-story	NOW
1817	Captiva Floor plan	MEL	2886	$284,644	$269,990	5BR/3BA/3-car	September
2004	Newbury II 3 car Floor plan	SCL	3197	$327,030	$317,990	5BR/3.5BA/3-car/2-story/40x10 lanai	September
2057	Windsor Floor Plan	TUL	4471	$379,150	$369,990	6BR/4.5BA/3-car/2-story/18x10 lanai	September

Hire Me as your Buyer’s Agent and get a $500 Gift Card at closing when purchasing any of these homes, or any new construction over $175K in Hillsborough, Pasco or Pinellas Counties.

7 Reasons to Own Your Home

Buying a home is one of the biggest and most rewarding ventures of your life. Whether it be purchasing an investment property or your first home, it takes much consideration and planning. In today's market, I always recommend buying vs. renting. In many cases I see renter's paying almost $200 more to rent a smaller space, than it would be if they purchased. There are many reasons to own a home. Here are a few to consider.

1. Tax breaks. The U.S. Tax Code lets you deduct the interest you pay on your mortgage,your property taxes, as well as some of the costs involved in buying your home.

2. Appreciation. Real estate has long-term, stable growth in value. While year-to-year fluctuations are normal, median existing-home sale prices have increased on average 6.5 percent each year from 1972 through 2005, and increased 88.5 percent over the last 10 years, according to the NATIONAL ASSOCIATION OF REALTORS®. In addition, the number of U.S. households is expected to rise 15 percent over the next decade, creating continued high demand for housing.

3. Equity. Money paid for rent is money that you’ll never see again, but mortgage payments let you build equity ownership interest in your home.

4. Savings. Building equity in your home is a ready-made savings plan. And when you sell, you can generally take up to $250,000 ($500,000 for a married couple) as gain without owing any federal income tax.

5. Predictability. Unlike rent, your fixed-mortgage payments don’t rise over the years so your housing costs may actually decline as you own the home longer. However, keep in mind that property taxes and insurance costs will increase.

6. Freedom. The home is yours. You can decorate any way you want and benefit from your investment for as long as you own the home.

7. Stability. Remaining in one neighborhood for several years gives you a chance to participate in community activities, lets you and your family establish lasting friendships, and offers your children the benefit of educational continuity.

Online resources: To calculate whether buying is the best financial option for you, use the “Buy vs. Rent” calculator at www.GinnieMae.gov.

Later Marriage Trends Don’t Postpone Homeownership

 

 

A study conducted by Harris Interactive for Coldwell Banker Real Estate looked a changing marriage trends in America and how they impact the purchase of a first home.

According to the study, the timing of a first-home purchase hasn’t changed a lot over the years, but an upswing in later marriages means more couples are buying a home before they walk down the aisle – if they ever do – or making a purchase earlier in the marriage.

About one in four married couples between the ages of 18 to 34 purchased their first home together before their wedding date, compared to 14 percent of those ages 45 and older. According to the survey, 35 percent of all married couples purchased their first home together by their second wedding anniversary; 80 percent of these married homeowners said it strengthened their relationship more than any other purchase.

“What we’re seeing is that young couples are switching up the order and purchasing their first home regardless of whether or not they have set a wedding date,” says Dr. Robi Ludwig, a psychotherapist and Coldwell Banker lifestyle correspondent.

“This is a huge movement within the American culture,” Ludwig adds. “While younger generations may be focusing more on their career, and in turn waiting longer to get married and have children, they are not delaying their dream of homeownership.”

Other survey trends
• 17 percent of all married couples surveyed purchased a home together before their wedding day.
• 72 percent of married Americans in the South waited until after they were married to purchase a home, compared to 60 percent of Americans in the Northeast.
• Only 16 percent of married U.S. adults have not purchased a home together with their current spouse.
Ludwig says the tasks involved with a home purchase can strengthen a marriage. “(Married couples) not only learn about each other’s wishes and dreams during this process, but they also learn how to be practical with each other and compromise,” he says. “Buying a home has more of an impact on a couple’s relationship than any other purchase they will ever make.”

Impact of home buying on a marriage
• 93 percent of homeowners who purchased their first home while married always planned on owning a home after marrying.
• 80 percent said purchasing a home with their spouse did more to strengthen their relationship as a couple and family than any other purchase they have made together.
• Over one-third of married homeowners (35 percent) wish they had taken the plunge (into homeownership) sooner than they actually did.
Ludwig offers the following tips for couples buying their first home together:

1. Decide “needs” vs. “wants,” and be willing to compromise. Ludwig says it’s common for a couple to uncover conflicting values, interests, likes, dislikes and tastes to come that create tension. But no one gets everything on their checklist, so it’s important to compromise to get a home that pleases both people. Patience, understanding, compassion and compromise are key.

2. Work together to prioritize what’s important in a home. Make an independent list and compare notes. Even the closest couples are still two people with separate ideas and agendas. Searching for a home can bring up a couple’s different priorities and ideas about life. Working together to decide what is best for a combined future strengthens the bond between individuals and prepares couples to effectively deal with future disagreements.

3. Be open, honest and organized with finances. This includes the ability to talk about personal savings, debts, budgets, and credit ratings. Money is one of the leading causes of marital discord.

4. Think about the future for three, five and even 10 years down the road. Before buying a home, talk about plans for careers, having a family, and what that means in terms of neighborhood and space. For some people, talking about their future needs creates anxiety. Support each other if it does.

© 2013 Florida Realtors®

Cheaper to Own Than Rent Regardless of Mortgage Rate

 

 

Trulia’s Winter 2013 Rent vs. Buy Report looked at homes for sale and for rent on Trulia between Dec. 1, 2012, and Feb. 28, 2013, and compared the costs, factoring in transaction costs, taxes and opportunity costs. For homeownership costs, study authors assumed a 30-year fixed-rate mortgage, 20 percent down, itemizing tax deductions at the 25% bracket and a stay of seven years in the home.

Overall, buying a home is 44 percent cheaper than renting nationwide – down just slightly from 46 percent in 2012. In each of the 100 largest metros, buying is more affordable than renting, though it ranges significantly – from 70 percent cheaper to buy than rent in Detroit to only 19 percent cheaper in San Francisco.

In the 10 Florida markets checked by Trulia, savings ranged from 40 percent to 60 percent. They include:

Miami: 43% cheaper to buy
Fort Lauderdale: 53% cheaper to buy
West Palm Beach: 56% cheaper to buy
Cape Coral-Fort Myers: 45% cheaper to buy
North Port-Bradenton-Sarasota: 51% cheaper to buy
Lakeland-Winter Haven: 55% cheaper to buy
Palm Bay-Melbourne-Titusville: 50% cheaper to buy
Orlando: 51% cheaper to buy
Tampa-St. Petersburg: 55% cheaper to buy
Jacksonville: 54% cheaper to buy

Individual own-versus-rent savings will vary depending on details, but Trulia posed an adjustable map on its website.

Visitors can change the map to suit their circumstance by choosing the mortgage rate they expect to pay (3.5%, 4.5% or 5.5%), their IRS tax bracket (none, 15%, 25%, 35%) and the length of time they expect to be in the house. The map then changes its buy-versus-rent estimates based on input.

For example, changing a Miami buy-versus-rent decision to a three-year stay, 15 percent tax bracket and 5.5 percent mortgage interest rate makes it wiser to rent for a 1 percent savings.

“People who didn’t buy a home last year may have missed the bottom of the market, but they haven’t completely missed the boat,” says Jed Kolko, Trulia’s chief economist. “Buying remains cheaper than renting in all 100 large metros. Even buyers who can’t get today’s lowest mortgage rates will still find that buying makes more financial sense than renting in nearly all local markets – so long as they can get a mortgage in the first place.”

Move-In Ready Alsace Homes, Land O’Lakes, FL

 

The Alsace Community located in Land O'Lakes Florida is down to a few more home sites. This small community of only 18 estate-style homes will make the perfect, respite for any homeowner. Move-in Ready, Spacious Homes with plenty of room for you and your family are just a few clicks away. Secure one of these new construction, move-in ready gems today and you could be eligible to receive $5,500 towards closings when you use RMC Mortgage (Ryland Mortgage Services) and a $500 gift card to iKea or Publix. Click Here to view these move-in ready home sites and call me at 813-419-7009 to schedule your viewing today.

Bonita
Home Site #0018
4 Bedrooms, 3 Baths, with Bonus Room, 2-Garage
3,024 Heated Square Feet
Estimated Move-In – Immediately
WAS: $352,446; NOW $324,946

Inverness
Home Site #0019
4 Bedrooms, 3.5 Baths, 1 Level, 3-Garage
2,480 Heated Square Feet
Estimated Move-In – Immediately
WAS: $333,869; NOW $299,990

Inverness
Home Site #0017
4 Bedrooms, 3.5 Baths, 1 Level, 3-Garage
2,480 Heated Square Feet
Estimated Move-In – Immediately
WAS: $333,869; NOW $306,369

March 10, 2013, Daylight Savings Spring Forward

Daylight saving begins, March 10, 2013. This is just a friendly reminder to turn your clock one hour forward at mid-night, March 10th. Enjoy the extra daylight to get all of your work done. Personally, I look forward to daylight savings because it allows me to show homes later in the evening. Quick note from your Tampa Realtor, Gloria Walters,www.gloriawalters.com.

Tips for Owning a Long Term Real Estate Investment

 

Understand What It Means to Be a Landlord

Investing in real estate provides three different ways to obtain a return on an investment. A return could be realized from the sale of a property, through rent collection, and through tax savings on items such as the mortgage interest. When looking to purchase a rental property, the ultimate goal is to ensure that the rental income covers the monthly mortgage, maintenance expenses, HOA fees, insurance, etc.

Secure a Rental Property in an Area with Strong Rental Demand

Communities near universities, hospitals, or schools typically generate a strong rental demand. Condominiums and townhome communities where the Home Owner Association (HOA) maintains much of the exterior are also popular. Please be sure to determine the rental restrictions of the HOA.

Consider Using a Property Management Firm

Determine if you want to manage the property on your own or hire a property management company to handle all of the tenant’s requests. Should you choose to manage the rental property on your own, you will be responsible for handling the tenant’s requests directly. You may have to complete the repairs on your own or hire a professional. If you choose to hire a property management company, the property manager will act as the primary point of contact for all of the tenant’s requests and coordinate repairs with the landlord’s approval. Property management fees may vary but typically includes one month rent for tenant placement and 10% of the monthly rent for property management.

The Numbers Must Make Sense

A good rental property is one that generates enough rental income to cover all of the property expenses and costs. It’s important to review your numbers and determine the gross rent multiplier or cap rate that works for you. Some landlords rent their units between 15% - 25% above the monthly mortgage and maintenance costs. Furthermore, it’s a good business practice to set aside 3% reserves for unexpected maintenance expenses and raise rent each year by 3% - 5%.

Screen Potential Tenants Thoroughly

If you hire a property manager or Realtor, they will handle the screening of the tenant which includes obtaining landlord references, running a credit check and looking at the criminal record. Should you pursue this endeavor on your own, there are a number of online resources to assist you with obtaining the information. Security deposits collected should be equivalent to one month’s rent and deposits should also be collected for any pet the tenant may own. The pre-occupancy walk-thru with the tenant is also important to minimize security deposit discrepancies at move out.

Understand the LandLord Laws

Two resources for rental rules are the U.S. Department of Housing and Urban Development’s Web site, and The Landlord Protection Agency. These sources include state-specific rental guidelines and standardized forms for rental agreements. An attorney or the Landlord Protection Agency also can help draft a lease and assist with evictions. A property manager will also have access to all of these resources.

Tampa’s real estate market has been very favorable when it comes to rental property opportunities. In 2012, many of my investors were able to secure at least five rental properties. Their rental portfolio continues to grow in 2013. If you are looking to buy investment properties in the Tampa Bay area, I can assist you with your investment goals. Start your investment property search today at www.gloriawalters.com.

2013 Projected to be A Great Year for Florida’s Buyers and Sellers

Florida Realtor’s chief economist, Dr. John Tuccillo predicts that Florida’s real estate market will improve in 2013, considering the stronger economy. Over the past two years, job creation has improved across the state. Better jobs, equals higher standard of living and better housing conditions.

Another positive sign includes the low mortgage rates. Some buyers may find it difficult to secure a mortgage, due to stringent credit criteria. However, it still remains an attractive incentive to secure a 30-year, fixed loan with an interest rate under 5%.

Cash is still King. Sellers are seeing more and more cash offers which prove to be very favorable in multiple offer situations. These cash offers are often from investors who will remain active throughout 2013.

Foreclosures, short sales and other distressed properties will also remain very much prevalent in 2013. Although in abundance, the foreclosures and short sales have stabilized and both real estate professionals and buyers have adjusted to this market. Foreclosures and distressed properties are so prevalent that they have become their own property type like condos, single family homes, vacant land, etc.

New home developers will also move forward with some projects this year. They won’t build in large volumes; however, there is enough confidence in this year’s market to build new homes in niche markets.

International buyers and investors are anticipated to continue to acquire homes in bulk. The largest acquisitions are said to be had by Canada and Latin American, specifically narrowed down to Brazil and Venezuela. Florida can also look forward to a number of new residents. Many retirees who lost money back in 2008/2009 are slowly regaining this wealth and are anticipated to move to Florida to retire.

Why Take the Key? It Won’t Help Your Buyer’s Chances.

 

I recently attempted to show a bank-owned property that was priced considerably below market-value. One of my eager buyers was hoping to view this property and ultimately submit his highest and best bid. The property had been on the market for two days and there was a mandatory seven day waiting period before any offers were considered. When we arrived at the property, I unlocked the lockbox, only to find that the keys were missing. Confused and a little annoyed, I informed my buyer and called the listing agent. The listing agent was aware of the situation and placed a call into the property manager to have the property re-keyed.

ATTENTION REAL ESTATE AGENTS!
Removing the key from the lockbox to reduce the likelihood of the property being shown to other potential buyers is not only very unethical but may prove to be a disadvantage to your buyer. The seven-day waiting period could be extended to rectify the inconvenience and allow interested buyers time to submit their highest and best offers. Also, your buyer could change their mind making your efforts futile and unnecessary.

As a Real Estate professional, you should inform your buyer of the competition associated with the property purchase. Review the comparables (Comps) with your buyer, as well as strategize and determine the best offer for the property. As a real estate agent it is important to be professional and ethical in all business endeavors.

ATTENTION BUYERS!
If your Real Estate Agent suggests removing the key from the lock-box, please ask them to reconsider. As a buyer, if you were viewing properties, you too may be a little annoyed to know that you cleared your schedule for this viewing only to find out, there is no key to access the property. Additionally, if you were successful in securing the property, the absence of the key could delay other areas of your home purchase process including the inspection, appraisal, etc.

I am always disappointed with agents who employ this unethical practice. As a Realtor, your success is not measured by how many keys you can remove from a lockbox or how you can block the other buyers and agents through unethical practices. As a Real Estate Professional, buyers seek your services in a real estate transaction to be informed, educated, and navigated through this process. Buyers look to their real estate agent to negotiate on their behalf, and more importantly to be honest and ethical in all they do. Sometimes I wonder if I’m the only agent who works by these practices.

Special Report: Real Estate Provisions in 'Fiscal Cliff' Bill

Published by:  Daily Briefing: Wednesday, January 2, 2013
A service for members of Florida Realtors

WASHINGTON - Jan. 2, 2013 – Tuesday, January 1, 2013, the House and Senate passed H.R. 8, legislation to avert the so-called "fiscal cliff." Following are real estate-related provisions of the bill, which President Obama plans to sign into law today:

• Mortgage Forgiveness Debt Relief Act extended to January 1, 2014. In place since 2007, the act provided a tax break for homeowners who struggled through financial hardship such as a foreclosure, and were granted mortgage debt forgiveness. In the past several months, National Association of Realtors (NAR) issued numerous calls to action urging its million-plus Realtor members to ask lawmakers to extend the tax break for another year. More than a quarter of all transactions involve distressed properties, the NAR said in its plea. "Homeowners shouldn't be forced to pay a tax on money they've already lost with cash they never received."

• Deduction for mortgage insurance premiums for filers making below $110,000 is extended through 2013 and made retroactive to cover 2012.

• The 15-year straight-line cost recovery for qualified leasehold improvements on commercial properties is extended through 2013 and made retroactive to cover 2012.

• The 10 percent tax credit (up to $500) for homeowners for energy efficiency improvements to existing homes is extended through 2013 and made retroactive to cover 2012.

• "Pease limitations" that reduce the value of itemized deductions are permanently repealed for most taxpayers but will be reinstituted for high-income filers. "Pease" limitations will only apply to individuals earning more than $250,000 and joint filers earning more than $300,000. The thresholds are indexed for inflation so will rise over time. Under the formula, filers gradually lose the value of their total itemized deductions up to a total of a 20% reduction.
First enacted in 1990 and named for Ohio Congressman Don Pease, who proposed the idea, the limitations continued throughout the Clinton years. The limitations were gradually phased out starting in 2003 and eliminated in 2010. Reinstitution of these limits has far less impact on the mortgage interest deduction than a hard dollar deduction cap, percentage deduction cap or reduction of the amount of mortgage interest deduction that can be claimed.

• The capital gains rate remains at 15 percent for individuals earning less than $400,000 per year and couples earning less than $450,000.  Any gains above these amounts will be taxed at 20 percent. The $250,000/$500,000 exclusion for the sale of principle residence remains.

FHA Extends Flipping Waiver Through 2014

Typically, purchasing a Federal Housing Authority (FHA) property involves  a clause that prohibits the buyer to resell the property within the first 90 days of purchase. This preventative measure common among FHA insured mortgaged properties, but is sometimes included on cash contracts as well.

The FHA has waived that rule on some contracts and allowed flipping since January 2010. They hope this allowance will encourage investors to purchase and renovate blighted homes and offer turn-key home options for first time home buyers and others. Ultimately, this strategy will boost sales . Apparently, this strategy seems to be working. Since the FHA first extended the rule, it has been extended three additional times.

Does condo seller have recourse if board rejects buyer?

 

FORT LAUDERDALE, Fla. – Nov. 29, 2012 – Question: I am trying to sell my condominium, and I just found out the association didn’t approve the buyer. Is there anything I can do? – Sara

Answer: Yes. But in most of these instances, the buyer and seller just move on, aggravated.
In your condo, the “Declaration” and other key documents contain the rules under which you and your neighbors must live by. These documents must address whether the board has the power to approve prospective buyers and tenants.

You may find that although the board has been approving buyers for years, it doesn’t actually have the power and is only doing it “because this is the way we have always done things.” If that’s the case, consider having a lawyer write a sternly worded letter to the board. That may be all it takes.

Even if your association has the power to approve the buyer, its decisions must be applied consistently and for good reason. The board can’t deny a buyer for such things as race, religion and ethnicity. If it does, that certainly is grounds for a lawsuit.
Absent something egregious, most sellers decide it’s not worth the time and expense to file suit. It’s just easier to find another buyer. And not many buyers will want to fight the denial because they don’t feel comfortable living in a community that doesn’t want them.
The board may not be required to reveal the reason for denial. But try to find out why – and that will help you in your search for a new buyer.

About the writer: Gary M. Singer is a Florida attorney and board-certified as an expert in real estate law by the Florida Bar. He is the chairperson of the Real Estate Section of the Broward County Bar Association and is an adjunct professor for the Nova Southeastern University Paralegal Studies program.

The information and materials in this column are provided for general informational purposes only and are not intended to be legal advice. No attorney-client relationship is formed. Nothing in this column is intended to substitute for the advice of an attorney, especially an attorney licensed in your jurisdiction.

Copyright © 2012 Sun Sentinel (Fort Lauderdale, Fla.), Gary M. Singer. Distributed by McClatchy-Tribune News Service.

Affordable Rental, Conveniently Located

FOR RENT!!! A Must See! This one won’t last!! This refreshed home is ready for its new tenants. This home features a fully equipped kitchen, washer and dryer, large rooms, ceiling fans, tile and laminate flooring throughout, central heating and cooling, lots of storage space, and spacious rooms. 1306 E Annie Street, Tampa, Florida
Monthly Rent: $600 Security Deposit: $300  

Cheaper to Buy Than Rent

 

 

Zillow recently released an article stating that “the average national homebuyer will save money over renting if he or she stays in a home for only three years. And in at least four Florida cities, a homeowner only needs to stay two years to make ownership the preferred option.”

Zillow examined the “breakeven horizon” for over 200 cities throughout the United States. Typical costs associated with buying or renting were considered in this analysis. These factors included down mortgage and monthly rental, closing costs, property taxes, utilities, maintenance, tax deductions, as annual inflation and changes in home values and rental prices.

I meet many renters that are on the fence, thinking of hanging up the renting towel or trading it in for home ownership. Home ownership is the largest purchase you may make in your life and it’s also the most rewarding one. I hope this bit of information will help you off the fence and into the field of home ownership.

Tampa Bay Real Estate Investment Opportunities (November 6, 2011)

Over the past month, a number of homes have gone under contract and come available. Certain condo communities are seeing a high demand in properties. Some of these properties include Hyde Park Place, The Quarter at Ybor, Villa Sonoma among others. There are currently 35 single family homes available for sale and priced at 20K or less in Tampa. The home’s rehabilitation needs range from medium to extensive . Click here to view these homes. Please give me a call 772-359-7543 or email me at info@gloriawalters.com to schedule a viewing and begin your journey in investing in Tampa’s Real Estate.

Best Chicken Philly in Tampa Bay

Fresh Mouth, located in Central Ybor makes the best chicken philly in Tampa Bay. I am yet to stumble upon another restaurant that can rival this tasty sandwich. Served on a soft hoagie bun, the philly consists of piles of chopped chicken breast, grilled mushrooms, green peppers and onions, smothered with a load of provolone cheese that makes the sandwich even more decadent with flavor. If you are looking for a Great chicken philly, Fresh Mouth is your place.

Top 10 Reasons to Own Rather than Rent

I read this article by FloridaRealtors that emphasized the top 10 reasons why it’s better to own rather than rent. With home prices really low and interest rates even lower, the market is perfect for those who have considering owning. Still on the fence? Review the list below. Hopefully it will tip you over into the field of home buyers.

 

Top 10 Reasons to Own Rather than Rent
1. You own it: With no landlord, you make the decisions.
2. You deduct it: Mortgage interest, property taxes and some costs involved with buying a home can be deducted from federal income taxes.
3. Interest rates: The cost to borrow mortgage money is at an all-time low. If you’re going to buy, this is the time to jump into the market.
4. You invest in it: Rent money is gone forever. Mortgage payments build home equity ownership interests.
5. You save for the future: Home equity is a ready-made savings plan. Sell it and you can make up to $250,000 cash without owing any federal income tax on the profit.
6. You can predict expenses: Unlike rent, a fixed-mortgage payment doesn’t get more expensive over time.
7. You pick it: Choose from different neighborhoods, styles and price ranges.
8. You create it: Decorate, renovate, get a pet or paint the walls whatever color you want – it belongs to you.
9. You live in a neighborhood: You and your neighbors take pride in the local schools, roads and more – and you work together to build a friendly community.
10. You spend money on yourself: When you buy a chandelier or hardwood floor or kitchen cabinet, you’re spending hard-earned money on yourself and building your equity at the same time.

 

Call me if you are ready to buy a home in Tampa… I look forward to working with you.

Tampa Bay Real Estate Investment Opportunities (October 2, 2011)

Investment opportunities are eminent in the Tampa Bay Real Estate market. As a Realtor specializing in selling investment properties, I’ve been keeping a close eye on the market’s activities. In the month of July, an investor contacted me to view and place a bid on a home in Villa Sonoma. At the time, this highly desirable community showed five condo units available for sale, ranging from one to three bedrooms. By early September, all five condos were under contract. There are currently no units available for sale in this community.

I noticed a similar trend at Parkcrest Harbor Island (one of my personal favorite condo communities in Tampa.) This highly desirable complex located on the water, boasts a great location, tons of amenities and impressive upgrades. There were nine units available in July. As of today, October 2nd, there are only two available for sale. Contact me to schedule a viewing today if you are interested in securing a home in this community.

Just recently I shared the investment opportunities with one of my real estate partners in California. He was shocked that homes were available for sale and priced under 20K. I thought this information would be great to share with other possible investors out there. This is a buyer’s market and many are taking advantage. If you ever considered purchasing a home to renovate and lease for some years, or for any other reasons you may have in mind, this is the time.

There are currently 35 homes available for sale and priced at 20K or less. Click here to view these homes. Please give me a call 772-359-7543 or email me at gwalters83@gmail.com to schedule a viewing and begin your journey in investing in Tampa’s Real Estate.