Tampa Investment Property

Choose from a wide variety of properties from moderate to luxurious. Multi-family Section 8 rentals are an excellent choice for the investor whose primary objective is to realize an immediate, modest positive cash flow on a rental property. As a general rule of thumb, a cap rate of 13 to 15 percent is required in this scenario.

Water-front property in a community such as Clearwater, South Tampa, Apollo Beach or Oldsmar is an excellent choice for the longer-term investor desiring high appreciation and a tax sheltered investment although this type of investor may incur a negative cash flow during the period of ownership.

Pre-construction pricing on new homes is another option for the real estate investor looking to realize a profit on their investment after 2 to 3 years through resale and using the rental income to offset the mortgage and property tax payments in the interim. Under this scenario, an investor may wish to consider offering a lease purchase option to the prospective renter/buyer. Under this type of contract, a buyer places a non-refundable performance deposit on a property and signs both a lease agreement and a bilateral contract which stipulates the timeframe the buyer has to complete the purchase. This is typically one to two years giving the buyer time to improve their credit score, if necessary, and to accumulate money for the closing costs and down payment.

Another option maybe to purchase a builder's model home and lease back to the Builder during the construction and home selling phase of the community's development. There are several advantages to this type of property investment. Builders are very good tennants and don't damage the property and you can be assured of receiving the monthly rent check!

Another option may be to invest in short term vacation rental property where the typical rental period is anywhere from one to three months. The advantages in this type of investing are: 1) you accept a non-refundable rental payment several weeks in advance of the stay, 2) there are many websites to advertise your vacation rental property on so the advertising costs are low, and 3) the rental rates are much higher on short-term rentals than on longer term rentals although the investor must factor in the vacancy factor during the off season. Recommendations to short-term property property management companies can be provided upon request.