»

Real Talk About Investment Property & Generational Wealth

Real Talk About Investment Property & Generational Wealth

1761-13th-Ave-S-Sold

Time for some real talk about investment property and building generational wealth for your family!

🎉But first please join me in congratulating my client/dear friend Gina. We just sold this St Pete, FL, investment property for her.

A lot of people are talking about house hacking, rent and hold, and building generational wealth through real estate and goodness knows I talk about it all the time AND help A LOT of people get started or add to their portfolio.

With that being said, it is not for the faint of heart. Here in the Tampa Bay area if you want an investment property under $450K, it’s probably not going to be pretty, will require some work, dollars and vision on your part. 

Is it worth it……YES, if you have run the numbers, worked with a professional realtor and have made a wise choice. 

😳First time home owner syndrome (yes it’s a thing) almost ended this transaction. All of the major repairs have been taken care of on this property (both houses) and major upgrades inside. It truly was a remarkable deal. When the buyer had a long, unreasonable request list, none of it being a 4-point or insurance issue, we were ready to cancel the contract. 

👉That’s when the buyer’s realtor stepped in and told his client that if he was nervous about this property, there was no point in moving forward searching for any investment property at his price point, as this was the nicest, 2 home, single property he knew of in St Pete anywhere near that price point.

🌟Happily we were all able to feel good about this and get to closing!

📲If you’ve been waiting for right timing to sell or buy and find yourself feeling frustrated or unsure, give me a call, text or DM me. I’m here to help you find the opportunities available in this current market.

🔸Laura Marie, REALTOR®
Your Residential, Luxury, Investment Advisor
Laura Marie Group @ eXp Realty
YourHomeSoldFL.com
(727) 350-7003