Discover the 4 Biggest Mistakes, Out-of-town Real Estate Investors Make – When
Buying Tampa Rental Properties -- And How To Easily Prevent Each One
You’ll Save Tens of Thousands Of Dollars…In Equity…Repairs…And Time On Each
Rental Property You Purchase
Dear Friend,
Here is the FREE Report you
requested. Inside,
you’ll discover why “Out-of-Town Real Estate Investors” wind up buying Florida
rental properties that they wish they could just give back. Instead cashing rent checks
each month, these investors end up coming out of pocket to cover losses. It doesn’t have to be this way.
These new real estate investors
are just missing a few key insights, if applied from the very beginning, could
turn disaster into victory.
Hello my name is
David Lowrey, and I am a real estate investor and owner of Stress Free Property
Management here in Tampa, Florida.
Over the last
12 years, I have managed over 1,873 houses, apartments, and
condos in the Tampa Bay area
Therefore, I have
managed every type of rental from low income duplexes, to middle class single
family homes, all the way up to ultra luxury executive mansions. Which means, I have experienced
just about every conceivable problem (in property management) you can throw at
someone, and I’ve managed to successfully get the job done. In fact, my first property management company
made Inc Magazine’s “Inc 500 List” for the 500 fastest growing, privately owned companies in
America, in 2004 and 2005.
After eight years,
my business partner, Chris Mercer and I, sold that business to a national
company. We decided it
was time to relax…but unfortunately, we got extremely bored. (I did at least try golf --
even bought the clubs and shoes) So,
we started another company: Stress Free Property Management.
Here We Are A
Little Over Two Years Later, Managing Over 322 Rental Properties In The Tampa
Bay Area. Most Of These
Properties Are Owned By “Out-Of-Town” Real Estate Investors Like You.
And I am back doing
what I love: managing rental properties. Which I’m sure you would agree
is quite an odd profession. I
think I’m a part of a dying breed of individuals that actually enjoys managing
tenants.
In addition, Chris
and I also spend about ½ our time searching for high quality yet under-valued
rental properties that can be acquired for the right price. A core group of out-of-town
real estate investors purchase these deals from us because they see the clear
value. Sure, most of
these properties need some repairs and clean-up. But, once we get in there and
whip them into shape and rent them out, the cash flow is outstanding. Not to mention, these investors
realize they are sitting on a huge amount of equity once the market recovers to
just a reasonable level.
I still find it
hard to believe… that we can routinely buy these properties at 1/3 the price of
what they sold for in 2005. I
keep telling people that I will be really depressed, when all the foreclosures
are repurchased in the next few years. There is no doubt in my mind
that we will never see this kind of buying opportunity again… in this lifetime.
In any case, we
identify these investments by inspecting hundreds of available foreclosed properties. By using our years of
experience buying rental properties, renovating them, and renting them out,
Chris and I can identify the best deals quickly.
In fact, We have
created our own unique system for identifying the best of the best rental
properties in the Tampa Bay area which I
nicknamed “Diamond Properties” System.
This system was
developed from years of trial and error, and consistent
relationship building with Realtors and Banks. We have developed very close relationships with some of
Tampa’s top Realtors that represent Bank foreclosures. And from years of helping banks
with property management on properties they took back, we have earned the right to buy some of them, before they are even offered to the general
public. Not to mention,
Chris scours little known but highly profitable property auctions.
As a result, we
are able to get some of the best properties under contract before anyone else.
We take these
properties and renovate them (if needed), find a quality tenant, and provide
on-going property management services. Once everything is complete,
our investors enjoy a steady cash flow and an excellent return on their money.
Since we continue
the relationship with our investors, after their purchase (as the property
manager), our financial interests are aligned. Both the investors and I
succeed because my company ensures their rental properties make money. You could have the best rental
properties in the world, but still lose
money hand over fist, if you
don’t have a competent, experienced property manager overseeing them.
This has worked out
very well for both the investors and my company. At last count, Chris and I have
bought and sold over 178 rental properties for this select group of out-of-town
real estate investors. 159
of these properties we still currently manage because our investors love the
cash flow.
We have also bought
well north of 35 rental properties for our own portfolio. This by the way, I think is a
very important distinction. Unlike
most Realtors or Property Wholesalers, Chris and I believe so much in the unique
opportunities found in Tampa, that we have invested most of our net worth buying
rental properties.
After all, if I
don’t believe in the opportunity enough to put my own money into it, why should
you?
Something to think
about…
As you can tell, my
background has given me a great chance to study how out-of-town real estate investors succeed and mess up, More importantly, I personally
made tons of mistakes on my own rental properties over the years. I too have experienced the pain
of my properties sitting vacant for months… tenants completely trashing them
out… and the joys of dealing with evictions.
The rental property
business is tough, no doubt about it. Your
dues can be quite expensive and painful, unless you are working with someone with the
right experience… who knows what
to do and more importantly…what not to do.
My experiences as
an real estate investor and property manager (for myself and my clients) has
allowed me to pinpoint
the most common mistakes in buying rental properties in Tampa. Helping me and my new clients
avoid them all together – right at the beginning.
Alright, let’s dig
into the FREE Report now. Oh
and by the way, you’re probably going to want to jot down some notes, so take a
second, and grab a pen and some paper…
Ready? Okay, let’s begin
1st Mistake: Buying a Rental Property
Without The RIGHT Market Knowledge!
What do I mean by the RIGHT
Market Knowledge? I
mean finding out how the property will perform in the real world. Will you be able to rent it
quickly and for how much? Would
you be better off buying a 3 Bedroom/2 Bath House, or a 2 bedroom/2 Bath Condo? What neighborhoods would suit
your personality and investment criteria?
The challenge with acquiring
this knowledge is you are mostly listening to salespeople – who usually don’t
have it, and even worse, believe they do. Why
do I say this?
Well, have you ever noticed
that Realtors and Property Wholesalers can make a lot of properties sound great? But…the decision to purchase a
rental property should not be made based on some beautiful pictures, and a
theoretical amount you might collect in rent. It really is irrelevant if the
property looks beautiful on the inside because of the new carpet. It doesn’t matter that the
house has great curb appeal because of the mature oak trees. Don’t get me wrong. Those things are a plus and do
have value, but they are not the types of information critical to making the
right investment decision.
You see, a salesperson can
paint a very compelling story about how great the property looks or how easily
it will rent for X amount of dollars. But
at the end of the day, it is just a story based on guesswork and not real world
experience.
When you buy a property, the
profits are made or lost in finding decent tenants, collecting rents, and
dealing with repairs, not to mention the quality of the neighborhood and school
districts. Plus, does
the rental meet the needs of a large segment of the tenant population (in terms
of square footage, quality, and number of bathrooms)?
The Realtor really has no idea
how well the rental property (he or she is selling to you) will perform, and
more importantly, how much cash (if any) the property will put in your pocket
each month. Real estate
salespeople are guessing because they aren’t experienced
property managers AND real estate investors. You need both areas of
expertise, in order to pick the right rental properties that will give you the
“Biggest Bang” for your buck.
Frankly, Chris and my
experiences as real estate investors are a big reason why our property
management companies have been so successful. We made the Inc 500 list for
the fastest growing companies in America not because we are good salespeople,
but because we have unique skill sets as real estate investors, property
managers, and trained entrepreneurs.
Okay, Here is
a Specific, Critical Mistake Investors Make Because
They Lack The
RIGHT Market Knowledge
Town N Country is a decent
middle class neighborhood in West Tampa. Although it’s not as fancy as
Carrollwood or the Citrus Park communities to the north, the rental rates are
very reasonable, it has decent schools, and there is a huge demand for 3 bedroom
houses.
If you jumped into your car and
drove 7 miles to the east, you would arrive in the Temple Terrace neighborhood. While it is a very similar
community to Town N Country, it is nowhere near as popular with tenants.
How come? I’m glad you asked. Temple Terrace is located right
next to several low-income neighborhoods, with much higher crime rates. Rents are typically lower,
tenant credit is often shakier, and turnover is higher.
After 12 years as a Property
Manager and Real Estate Investor, I learned to stay away from certain areas in
Tampa because of these reasons.
For Example,
Never Invest in Neighborhoods Like This…
They are very low income
communities with high drug usage and crime. There are in fact, three
specific neighborhoods scattered around Tampa that are so bad that we refuse to
buy anything in them. You
can still rent places in these areas, but ultimately you lose money because the
tenants are so irresponsible, don’t pay the rent, and trash your rental. And tons of out of state investors get
snookered into buying in these areas, because the cash flow LOOKS so good on paper.
You can’t find this information
from a typical Realtor or Property Wholesaler. The ONLY place you can get this
“Insider’s Knowledge” is from a very experienced property manager who has
been working the Tampa Bay market for many years.
Let me give a sampling now, of
the types of Insider’s
Knowledge I’m talking about.
There Are
6 Questions You Must Answer Before Buying Any Rental
· Which
neighborhoods rent faster because of schools, location to employment centers,
and area amenities such as parks and community centers?
What is the
minimum square footage that tenants will accept for a 2, 3, or 4 bedroom home so
you don’t buy a house that is either too big or worse…too small to appeal to
most tenants?
· Which floor plans (# of
bedrooms and baths) are the
most popular and attract long term, quality tenants, and which ones you should
avoid at all cost?
· What is the real monthly repair cost you should expect
over the course of a year?
· How long does it actually take to find you a qualified tenant,
and the RIGHT rent amount to
charge for your property?
· What are the area
demographics and crime rates? Rest
assured this has a huge impact on vacancy, repair costs, and how much cash you
get to keep at the end of the month.
And the list goes on and
on…which is why I provide the following:
You Receive This
26 Point “Profitability Profile” On Any Properties I Have You Look At
It will of course include the
answers to the 6 questions I just mentioned, plus 20 additional ones. All of them are critical
insights you need to make the RIGHT decision, for your next rental property
purchase in Tampa.
By the way, I should mention
this Assessment will be tailored to the type of rental properties YOU prefer. In other words, I analyze a
property based on your goals, such as passive income, property appreciation,
quality of neighborhood, or all the above.
Is there any charge for this
Profitability Assessment?
No, I provide this type of
research to all my investors to demonstrate the reasoning I am using in recommending certain
rental properties, over all the rest. Obviously,
you live out of town, and do not have the time or experience to easily track
this information down. Once
you see this Assessment, you’ll immediately recognize that there is a sound
methodology being used in determining what is a good deal and what is not.
2nd Mistake: Not
Having An Experienced Property Manager Inspect the Property to Ensure It Is Not Functionally Obsolete
What do I mean by this? Well, the house could have the
following -- influencing a tenant’s decision to rent your property or not --
that only an experienced property manager with a thorough understanding of
tenants’ needs and issues -- could point out:
· The bedrooms or living room
are too small for most people’s furniture.
· The square footage of the
house is too small OR too big.
· The ceilings are too low
which most women find extremely unappealing.
· The bathroom and kitchen
cabinets and fixtures are completely out of date, for the type of tenant you
would prefer in your property.
· The home is just too dark,
because of small windows, trees, or other buildings blocking out the natural
light.
· The size of the lot would
not be appealing to a family with kids.
· The absence of a fence turns
people off because of the amount of traffic on the road out front.
Without a doubt, the above
issues (to name just a few) will have a negative impact on your property’s
performance. You want
to avoid these challenges -- before you buy -- and not have to suffer the
consequences after you purchase the wrong property. Have a good property manager analyze the property and give you their
professional opinion about the desirability (to tenants) of the rental, before you buy it.
Keep in mind, no rental
property is perfect and most good deals don’t show up in pristine condition…
Learn Why Buying
A Property Needing Repairs Can Often Make You The Most Money
Did you know that there are loads of foreclosed houses available
that have been trashed by an irate owner or tenant? These houses typically need
tons of trash removed, new flooring, paint, appliances, etc.
Keep in mind, some issues can’t be overcome such as the bedrooms being
too small, but many of them can -- with proper renovations and attention to
detail. A couple of
good examples are replacing bathroom and kitchen cabinets, or installing
attractive ceramic tile throughout the whole house. As long as you build the price
of these renovations into the purchase price, you can buy a “diamond in the
rough” (do a bit of polishing) and have a very profitable investment.
To address these very real
tenant concerns,
You Get A 21
Point “Tenant Attraction Scorecard” For Each Property We Recommend
This will show the good, the
bad, and the ugly from a tenant’s perspective. We developed this Scorecard
from our property management experience in dealing with thousands of tenants,
over the years.
As you can well imagine, this
information on the Scorecard is very valuable and gives you a huge advantage
over other buyer’s in the market, who are just looking at a few pictures and
listening to a sales pitch from a Realtor or Property Wholesaler.
I do not offer this information
at any price… except to the
group of select out-of-town investors who buy their rental properties from me. Our “Tenant Attraction
Scorecard” is easily worth $500 to $1,000 per
property because it keeps you
from buying the functionally obsolete rentals. These properties may be very
cheap and look good, but unfortunately, the actual tenants who want to live in
that neighborhood…HATE.
|
Real Estate Investing Myth: Buying a Bigger Rental House is a Better Investment
Most new investors feel if they
can buy a bigger house, at a good price, that it will be a more profitable
rental. Nothing could
be further from the truth, and here is why: the most “rentable” 3 Bedroom/2 bath
properties typically range from 1,000-1,500 square feet.
You really don’t want a 2,200 square ft house, because
the rent will not increase proportionally. Yes, the rent will certainly be
higher than say, a 1,100 square ft home, but not twice as high. Not to mention, your target
tenant may not be able to afford the higher electric bill on all that extra
square footage. And if
you are NOT getting the extra money, why do you want to BUY the extra room?
|
3rd Mistake: Buying Your Investment
Property From Someone, Who Has NO Vested Interest In Your Long Term Success
Look, when you are dealing with
commissioned based salespeople, – no matter how good their intentions are, --
they are very enthusiastic about making the sale. And the other problem is that
they don’t know… what they don’t
know. So they will
say things to you based on what they do know: selling the “sizzle” and not the
“steak.”
These salespeople are not
landlords or contractors. They
are typically Realtors or Property Wholesalers. And don’t know what is involved
in selecting the right property that is going to be most appealing to tenants,
rent quickly, and have minimal on-going repairs. They don’t know which
properties are functionally obsolete or will require a huge amount of YOUR money in renovations that you won’t recoup.
There is a smarter way.
Find Yourself
A Sharp Realtor With Experience Acquiring Rental Properties. And The Realtor Must Be
A Capable Property Manager, Who Is Willing to Manage Your Rental Properties.
This person makes the most
sense… in terms of the short term transaction of acquiring the property, and the long term need
for quality property management.
Why is this so important? GOOD question.
A capable Realtor -- who is an
effective property manager -- is better because he has to live with your
purchase and the type of tenants it will attract, for the long term. He doesn’t want the extra
stress and aggravation of trying to rent a property in poor shape, with small
bedrooms, or in a terrible neighborhood. Therefore he does have a “vested interest” in making
sure you buy the RIGHT properties in decent neighborhoods that will rent out
easily to quality tenants.
Obviously, the better the
rental properties are, the easier his job is to manage them, and the more money
both of you make. And
the other benefit is accountability. You
now have someone with a vested interest, ensuring repairs are completed within
budget, the home is rented to decent tenants, and you make a good return on your
investment. This type
of long term, on-going relationship also helps the Realtor avoid something very
painful…
The Sheer Embarrassment He Or She Would Feel
From Steering
You Into The Wrong Property
It is kind of like buying a car
from a salesman who goes to your church. He has got to face you every
Sunday--and knows it -- so he has a definite long term interest in making sure
you buy a quality vehicle and not some beat-up “clunker.”
One of the things that have
allowed Chris and I to build rock solid, long term relationships (with our
clients) is we absolutely aren’t looking for the “quick buck.” We aren’t chasing the next real
estate commission. Sure, we want to find and sell rental properties
and make money. But
more importantly, we want to manage those properties we sell to you for years to
come because you are receiving the profits you expected. Why is this so important to us?
Because Long
Term, Consistent Business Is Every Businessman’s Dream
As a business owner, I can tell
you it is a heck of a lot less
stressful to know I have steady,
predictable business (each and every month) with little or no turnover. This is why I can say our
financial interests are aligned. Therefore, I’m automatically
looking out for your long term success because, our wagons are hitched together. I make money only when you make
money.
Needless to say, if you’re
making excellent money with your rentals, you’re going to buy MORE properties
from me. And I get to
manage all your properties forever, or at least, till you cash out at some point
down the road with a hefty profit. It
is a win/win for both of us.
This is not the scenario you
enjoy when buying properties from a Realtor or Property Wholesaler, who is only
working with you on a one shot deal. This
is something you should think about before making your next purchase.
4th Mistake: Hiring the Wrong Property Manager
to Manage the Property
There are actually a ton of mistakes,
which you can make, if you are NOT working with an experienced and
motivated property manager. Someone
who really understands how to get the most profits out of your rental
investments. Let me
briefly touch on the two of the biggest mistakes in terms of property managers:
# 1 - Allowing a
property to sit vacant for 3, 5, or even 7 months, hoping for a good tenant to come along,
without taking action. Let me be the first one to
tell you:
Hope…Is Not A Good Business Strategy!
I see this mistake all the time. So, here
is my “cardinal rule” for
property management: IF
your property is sitting vacant for more than a month, there is at least one
thing WRONG that must be fixed, and I have NEVER found an exception. And YES, this is true even in today’s economy.
Quite
often, the rent is just too high and
has to come down a bit. Right
now, tons of people are sitting on empty rental properties, because
they’re trying to get a rent high enough to make their mortgage payment.
I
too know first-hand the pain of mailing a check to the bank, for
more than I collected in rent. Unfortunately,
because of all the foreclosures, rents have dropped by $100-$200 a month (across
the board) in the last 12 to18 months.
Therefore, it’s critical your rental rate is
competitive with similar properties in the surrounding area. Your property manager must be
honest, and give you a no B.S. assessment of what you can realisticallyrent your place
for, quickly. And you
should be willing to drop the rent a bit below that price (if necessary) to
start getting cash flow rolling in. Without
question, in this economy, renters will negotiate rent. And the reality is, the
property owner who is flexible will get the best tenants for the longest amount
of time.
Which Is All The More Reason Why, You Must Do The Proper
Research Before You Buy Your Next Rental Property
Anyone
can tell you the property will rent for $1200 a month – and maybe it did…in 2006, but if the
actual “real-world” rent is $1050, you could be in for an unpleasant surprise.
· Or… something goes wrong inside your rental after it
was painted and cleaned. Let me tell you a strange story
about this. One month,
there was a dead cat in the driveway of one of the houses
we had available for rent.
What
are the odds? We were wondering why no one was calling us back, after
looking at the home.
So,
one of us got in our car and drove out to see what was wrong – a very good technique by the way. Sure enough, once we removed
the “dearly departed,” both houses rented within 2 weeks.
Or
sometimes, bugs will suddenly show up. Not to be gross but a few dead
roaches on the floor will scare away just about anyone. Other times, the roof, toilet,
or sink might suddenly start leaking, and anyone who visits starts wondering what else might be wrong with the home. So, these tenants pass on your
property because they think if the owner missed these “obvious” repairs, it is
just the tip of the iceberg and there is probably a hell of a lot more things
wrong they can’t see.
The
key is to get feedback from tenants after they look at your rental, so you can
spot this stuff early and fix it. We
are constantly quizzing tenants who visit one of your properties to find out why
they didn’t rent. Based
on their feedback, we make any necessary adjustments to your rental,
immediately.
Although
this may sound very simple, this is extremely uncommon in the property
management industry. I
think it is because most of them don’t own rental properties of their own, but
who knows for sure.
# 2- Your Property
Manager is not responsive to people calling about renting your
property, and learn
how to easily confirm -- if this is a problem -- with just a few phone calls.
Let’s
face it, finding quality, responsive professionals in any service business
is an up-hill battle. And
in today’s economy, your property manager BETTER be hungry for business, answer
their phones and return messages quickly, OR people will go elsewhere.
Here
is the simplest way to find out if your property manager is responsive: Call
them up at different points in the day, and see if they actually answer the
phone.
If
You CAN’T Get Someone On The Phone (Consistently)
Neither Can A Possible New Tenant!
Let
me put it this way: if more than half the time your phone calls go straight to
voicemail, you are losing a boat
load of tenants that could have rented your property. Why? Because when a tenant calls in
to get information, they are in the mood, RIGHT NOW, to get some answers
and go look at places to rent!
When
that voicemail turns on, half these people just hang up the phone and call the
next landlord on the list. You
just lost…your next tenant… and
your home continues to sit vacant, with cash flowing OUT of your wallet, instead
of INTO it.
And
here is an even scarier thought: If your property manager cannot be counted on to answer their phones
consistently, can you count on them to put up rental signs? Or run quality classified ads? What about doing proper
background checks, or making potential new tenants feel valued and important?
What
I am trying to say is (from general experience in business) when someone is
doing a couple of things wrong…they are generally doing loads of things wrong. And, there is no way you’re
ever going to know because you’re not there. You live out of town. You can’t easily check up on
them, and therefore, they have no real accountability to you.
The Solution
To This Problem Is Pretty Straight Forward:
Find a Property Manager
that enthusiastically responds to any Tenant inquiries about your property!
At our company, we answer 97.3% of our
phone calls within the first 3 rings. When
we are closed, our phones are forwarded to a 24 hour (live person) answering
service. These messages
are than emailed to us, and we respond back the next business day.
How do we know this? We have quality control
procedures in place to check our most important systems on a regular basis. Tenant calls drive our entire
business, so we don’t leave that sort of thing to chance.
By the way, we have dedicated
cell phone numbers on all of our advertisements. This way, any person calling
about renting your home reaches my leasing staff, directly. Even after we close, my leasing
staff continues to answer these tenant calls until 7:00pm, 7 days a week.
This is a major focus of our
business because a tenant is a “HOT” lead for only a short period of time. If you wait too long, he or she
forgets all the details about your property or winds up renting something else. You must move fast to catch a prospective tenant while
everything is still fresh in their mind.
In addition, we also work very hard to
keep you, the owner, informed on
ALL our efforts to rent your place.
You Receive A
Weekly Email Update From Us On Tenant Interest In Your Property
Each week, you’ll be told how many
people called in to inquire on your rental, how many actually toured your
property, the status of any rental applications submitted, and the feedback from
some of the tenants whodidn’t like
the home. Not to
mention, we will offer suggestions of things, which might have to be fixed or
changed, based on this tenant feedback.
This
way, you don’t have to guess or stress
out about what is going on with
your property. Every
week, like clockwork, you get a detailed update. No one, I repeat “No One” in the Tampa
Bay area provides this service except my company.
Remember,
I DO NOT just put out a rental sign, run a few newspaper ads, and cross my
fingers and hope for the best. I
have established a very proactive, step-by-step process for getting your
property maximum exposure, which gets your home rented within a month, 85% of
the time. The remaining
15% (that take a bit longer) receives a laser-like focus to find out why the
tenants are not interested, and adjustments are recommended to you immediately.
As I mentioned before, my
company Stress Free Property Management currently manages over 322 rental
properties. We also
specialize in acquiring high cash flow, rental properties for a core group of
out-of-town real estate investors. To
date, we have acquired for these investors 178 different rental properties --
most of which, we still manage for them today.
As you can see, our property
management and real estate investing services are quite unique. We couldn’t possibly provide
this type of service to everyone that comes through the door, without stressing
out systems to the breaking point. Therefore,
I limit the amount of new investors we work with to about six, each month.
So, if you are interested
buying more rental properties in the Tampa Bay area,
Take a few
minutes and click here: Tampa Real Estate Investor Application.
First, by filling out this
application, you show us you’re serious about investing in the Tampa Bay area. Second, I can get a better
understanding of what type of properties meet your investment criteria. Finally, the information in the
application will help us both come to a mutual decision as to whether or not
this is a fit.
My business partner, Chris or I
will respond back to you within 2
business days. But
remember, we work on an application
process only.
Once you become one our
investors who is actively investing in rental properties in the Tampa Bay area,
you will receive the following for every
property we recommend before you make a purchase:
· 26 Point Profitability
Profile - This report will give a
thorough understanding about the local rental market, vacancy rates, expected
repair costs, and if we feel this property would make a good investment.
($225
Value for Each Property Reviewed)
· 19 Point “Tenant Attraction
Scorecard” that will score the property
based on feedback we have received from thousands of tenants on things they like
and hate about rental properties in all shapes, sizes, and locations. You will also get at least
20 different, high resolution, wide angle, digital photos of the unit (inside
and out)
($197
Value for Each Property Reviewed)
All this information is
critical when you’re evaluating rental properties to purchase. Without question, you can’t
find a single one of these items offered by a Realtor, Property Wholesaler, or a
Property Manager, anywhere in the Tampa Bay area.
So Take a few
minutes and fill out our: Tampa Real Estate Investor Application.
Okay, that about does it for
this Free Report. I
hope you enjoyed reading it, and learned some valuable insights into how new investors can accidentally find
themselves in a whole lot of trouble, quickly. I look forward to speaking with
you. Talk to you soon…
Best regards,
David Lowrey
Stress Free Property
Management, Inc.
Licensed Real Estate
Brokerage
P.S. - If
you’re really interested in investing in Tampa rental properties, you might as
well do it the right way. As
I’ve illustrated, it is very easy to buy the wrong property, and own a rental
that winds up costing you money every month, instead of generating cash (like it should).
P.P.S. –
All our proprietary checklists and scorecards are incredibly valuable and give
us a huge competitive advantage over our competition. Therefore, you will have to
sign a non-disclosure form, whereby you promise to keep this unique information
strictly confidential.