Latest Tampa Bay Real Estate News

How Is Your Credit Score?

How Is Your Credit Score?

Your Credit Score In the real estate world, your credit score is a vital part of the process. Your credit score is a number that represents you to the lender. Because it’s so valuable, you should monitor your credit on a regular basis as well as protect your score from any outside forces that can… Read more »

Responsibilities of a Tampa Landlord

Responsibilities of a Tampa Landlord

Whether you’re already a property owner, or are new to real estate investment, it’s important to consider what you plan to do with the properties you invest in. There are, essentially, two common approaches to property investment (Tampa landlording): Renting your properties out is a great choice. Before you decide to become a Tampa landlord, however, it’s… Read more »

Real Estate Investment Trusts

Real Estate Investment Trusts

Real Estate Investment Trusts, or REITs for short, are great options for people without a lot of capital who wish to invest in real estate. These specialized companies buy and manage a variety of properties, from shopping malls to apartment buildings. Each Real Estate investment trusts typically invests in one type of property; you just… Read more »

What is a Cheap House?

What is a Cheap House?

That may seem like a stupid question; after all, the definition of cheap house is one that costs less than what it’s worth, right? Yes, but that’s not the whole picture. The cost of a house depends on more than just its selling price. To illustrate the point, consider a house that’s for sale for… Read more »

Foreclosure Listings – First Call List

Foreclosure Listings – First Call List

Whether you’re a first time investor, a seasoned veteran, or just looking opportunities for real estate investment, it’s a good idea to keep an eye on the available foreclosure listings. Many sites charge a fee to browse their lists; why would you choose that option when we can provide you with for free? Have you… Read more »

Avoiding Common Investing Mistakes

Avoiding Common Investing Mistakes

As with any investment option,real estate investment isn’t foolproof, many make investing mistakes that can cause them to fail. You want to avoid these mistakes so that your investments are successful and profitable. Here are some of the biggest investing mistakes beginning investors make, and how you can avoid making them yourself. Perhaps the most… Read more »

Starting your Real Estate Investment Portfolio

Starting your Real Estate Investment Portfolio

If you’re looking to start your real estate investment portfolio, it can be confusing to decide exactly where to start. Learning how to build your real estate portfolio is very important to your success. Luckily, it’s not hard to learn how; here are a few tips to get you started. Set small goals. As with… Read more »

REO properties: What Are They?

REO properties: What Are They?

You have probably heard of REO properties, but do you know exactly what they are? Simply put, they are properties that were foreclosed upon, didn’t sell at public auction and were subsequently returned to the bank. REO properties aren’t always just houses; any property, including multiple rental units, commercial buildings and vacant land can be… Read more »

How to Get Started: Buying Investment Property

How to Get Started: Buying Investment Property

The first and most important thing I tell EVERY new investor when buying investment property is this: “Don’t fall in love with the house!” The biggest mistake I’ve seen new investors do is over-improve a rental property. Stick to the theme KISS….Keep It Simple Stupid! When you need to replace the bath faucet, go to… Read more »

FHA Lending Policy- Changes!

FHA Lending Policy- Changes!

Big announcements in the FHA lending policy! It is important to understand what they are doing, and how it can affect your investments. The FHA Seasoning policy…AKA “flip rule” is being lifted! Effective Feb 1, 2010, investors can purchase a foreclosed home, fix it up and sell it as quickly as possible! No more waiting… Read more »