Tampa Real Estate Investors

Tampa Real Estate Investing: 10 Reasons Buying In Florida Is A No-Brainer!

Despite the downturn nationally and in the Tampa Bay area, real estate still remains a solid long-term investment. Here are ten (10) reasons why: Baby Boomers. National demographics point to an aging U.S. and developed market population.  Older Baby Boomers in the U.S. love the sun and great amenities Florida has to offer. Baby boomers … Continue reading Tampa Real Estate Investing: 10 Reasons Buying In Florida Is A No-Brainer!

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What It Means To You If Congress Caps Mortgage Interest Deductions

5 Reasons it still makes sense to buy a home: By Jeff Diercks, CPA, Tampa Fl President Obama has proposed a cap on the deduction for mortgage interest for high income taxpayers and a rollback of the recently extended Bush tax cuts. According to CNNMoney, “under his proposal, taxpayers in the 33% and 35% tax … Continue reading What It Means To You If Congress Caps Mortgage Interest Deductions

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Pros and Cons For Investors Buying Rental Property-Tampa, Fl

The rental conditions are very strong here in Tampa Bay.  About 40% of our  housing inventory is a short sale or foreclosure, which makes for the ideal rental market.   Those that have chosen to let their homes go are stuck renting because they won’t be able to purchase another home for at least 3 … Continue reading Pros and Cons For Investors Buying Rental Property-Tampa, Fl

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26% of Home Buyers Avoid Paying Interest on Loans-CASH IS KING!

  NEW YORK – March 22, 2010 – More home buyers are snapping up properties with cash, a trend driven in large part by investors returning to the market after four years of falling prices around the country. The share of home sales involving all-cash transactions was 26 percent in January, up from 18 percent … Continue reading 26% of Home Buyers Avoid Paying Interest on Loans-CASH IS KING!

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Investor looking for Bulk Purchases in The Tampa Bay Area-Do you know of anyone looking to sell?

Hello Everyone: Do you know of anyone looking to sell Tampa Real Estate in Bulk?  I received a call from an investor today and here is the criteria. Bankrupt developments, distressed situations, etc.. in the Tampa Bay area, including the Beaches, Clearwater, St. Pete etc..  Buyer has cash and can close quickly  The criteria is as … Continue reading Investor looking for Bulk Purchases in The Tampa Bay Area-Do you know of anyone looking to sell?

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U.S. Cheapest Homeownership Market Reports Tampa #5

Business Week Article explains when conditions are favorable to own rather than rent. Tampa Bay Ranked #5 in their report. Tampa Metro (Fla.) Own/rent ratio: 115% Annual cost to own: $10,823 Annual cost to rent: $9,444 From Channelside South Florida is has been hit hard by the recession, and home prices in Tampa have taken a … Continue reading U.S. Cheapest Homeownership Market Reports Tampa #5

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BEST Guide to Real Estate Investing, Foreclosures and More!

A friend, author and colleague of mine Dan Auito,  just released a new Real Estate Investing Book called  “Be A Real Estate Heavyweight.”   This is a real estate investing tool and resource. Learn how to invest in foreclosures and bank-owned REOs There are many wanna be real estate investors out there and in today’s Real … Continue reading BEST Guide to Real Estate Investing, Foreclosures and More!

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How to buy Tampa Real Estate with your IRA or 401K?

Think you can’t buy a home as an investment? Looking for a creative way to take advantage of the #2 in US foreclosure market?  Use a Tampa Realtor with IRA investing experience.  I attended a 3 hour seminar the other day that wasvery informative. Here are some different options you have to buy a home, land … Continue reading How to buy Tampa Real Estate with your IRA or 401K?

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Pasco County, Fl says $20M will be spent to help home buyers

Pasco approves $20 million in home buyer assistance Times staff In Print: Wednesday, March 11, 2009 COUNTYWIDE $20M will be spent to help home buyers More relief for low to moderate income home buyers is on the way soon, courtesy of Uncle Sam. Pasco County commissioners gave final approval Tuesday to a plan to spend … Continue reading Pasco County, Fl says $20M will be spent to help home buyers

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Foreclosure activity increases 81 percent in 2008 according to RealtyTrac

 What’s the difference between Florida and other housing markets?  The Tampa Bay area is still a desirable retirement and second home destination. Therefore, we are expecting our market to increase in sales and reducing the amount of foreclosures in our housing market, sooner than other parts of the country. Nevada, Florida, Arizona posted top states … Continue reading Foreclosure activity increases 81 percent in 2008 according to RealtyTrac

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Investors Face Tax Liability on Short Sales-Tampa, Fl

Investors Still On Tax Hook  (Tampa Tribune (FL) (KRT) Via Acquire Media NewsEdge) For homeowners in trouble, a short sale can be a lifesaver. Lenders allow a house to be sold for less than is owed on the mortgage and then write off the rest. The homeowner just walks away. Unless the owner is an … Continue reading Investors Face Tax Liability on Short Sales-Tampa, Fl

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