Market Conditions in Tampa>Question Details

Matt Andrews…, Real Estate Pro in Tampa, FL

What is the best investment strategy in a market like this? Flip, wholesale, retail, rentals ????

Asked by Matt Andrews - Real Estate Investor, Tampa, FL Wed Dec 1, 2010

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In our area it's buy and hold. Rentals, definitely, single family home rentals. Buy low, rehab as needed to make them livable, decent rental units, then hold for a few years until the market turns. And, when the values go up consider a full rehab and sell.
0 votes Thank Flag Link Wed Dec 1, 2010
Matt

It is very hard to say. What works in some markets- may not work in another.

All the scenarios you suggest will have potential for profit.

Probably the best would be wholesaling in volume.
0 votes Thank Flag Link Wed Dec 1, 2010
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