The Champ Is Back – 3 BR Rental 35k New Port Richey FL
Here is an excellent rental property to add to your portfolio. This one will bring you a nice positive cash flow for many years to come!
This is a 3 bedroom, 1 1/2 bath home with a triple parking pad. The garage has been converted to a master bedroom with a walk-in closet, creating 1236 square feet of living space. The plumbing was completely re-done in 2008, and the carpet is only a couple years old. The kitchen, baths, and tile floors were all re-done in 2004.
The current tenant is moving out by March 15–this property will rent for at least $650 a month, and if you need it we can set you up with property management at the below-market rate of only 8% per month. If you’re looking for cash-flowing rentals, this is pretty much a no brainer.
*NOTE: DO NOT DISTURB THE TENANTS–CALL ME FOR ACCESS.
5348 Drift Tide Drive
New Port Richey, FL 34652
3 BR, 1 1/2 Bath, 1236 sq ft.
Click Here For Google Maps View
Repairs: The usual after-tenant-moveout clean up.
ARV: $53,900
Click Here For Full Market Analysis
Price: $35,000 Net To Seller
Now is the time to take advantage of this once-in-a-lifetime market–don’t let this opportunity pass you by!
DO NOT DISTURB THE TENANTS. All prices are net to seller. Buyer pays all closing costs except prorated property taxes. Cash or hard money only, 2k deposit. Please do your own due diligence and contact me for access.
Dave Durell
Champion Properties of FL, LLC
ChampionPropertiesFL@gmail.com
727-521-7319
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Now Is The Time To Invest In Tampa Real Estate
According to Inman News, a real estate news website, “ the Tampa Bay regional market continues to grapple with sagging home prices and a glut of distressed properties”.
Also in the article, Gerard Carney, Vice President of Curry and Carney Land Corp., is quoted as saying “Many sellers and (many) of the foreclosure and short-sale owners are now becoming renters. Many do not want to rent, but they will be renters for at least a few years. That said, you can see now why investing in rental properties in this area will do well. We have a large group of people who were homeowners and can no longer afford to be owners. They still need housing and so they will be renting.”
This, of course, is great news for investors looking for cash-flowing rental properties in the Tampa Bay area. This is the perfect storm-low prices, diminishing supply, and high demand. Now is the time to invest in this once-in-a-lifetime opportunity!
Read the entire Inman News Article
Champion Properties of FL LLC has the experience, know-how, and infra-structure to offer you great opportunities in your real estate investment endeavors, whether you need a new rehab project to work on, move-in ready rental property, or an alternative to investing your money.
To join our VIP Buyers List, please enter your name and e-mail over there on the right and click on the “Submit” button. As a thank you, we will send you “The Flipping Houses Start-Up Guide”, written by Than Merrill, star of the hit TV show “Flip This House”–absolutely FREE.
You can also contact us by e-mail at championpropertiesfl@gmail.com, or call us at 727-521-7319.
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Rental Property Tampa-2 Hot New Deals
Investment Property Tampa Ranked #6 in U.S. for Rental-Home Investors
The Wall Street Journal recently reported that Tampa is the #6 top-ranked market for rental-home investors. This is according to a report from HomeVestors of America, a property-investment firm, and Local Market Monitor, a real-estate data firm.
This is excellent news for investors looking for Tampa investment property, because right now prices on wholesale investment property in many areas within the Tampa Bay real estate market are at rock bottom. This creates a perfect storm for property investors: low prices combined with a strong demand for rentals=positive cash flow and long-term passive income.
At Champion Properties of FL, we specialize in helping our VIP Buyers find investment properties in Tampa Bay that make great long-term cash flow properties, and giving them these properties at low, low prices. Join our VIP Buyer’s List (just enter your name and email over there on the right) to take advantage of these special deals.
Top 10 markets for rental-property investors
1. Las Vegas
2. Detroit, Mich.
3. Warren, Mich.
4. Orlando
5. Bakersfield, Calif.
6. Tampa-St. Petersburg
7. Phoenix
8. Ft. Lauderdale, Fla.
9. Rochester, N.Y.
10. Stockton, Calif.
(Source: HomeVestors/Local Market Monitor)
Life Is Fragile-Make The Most Of It (Tony Brown Tribute)
In Memory Of Tony Brown, 1985-2009
“Life is for those who truly live it, and time alone does not make a full life”. That’s the quote I selected to go with my picture in my high school yearbook. I have always believed that, and try my best to always live life to the fullest, to not miss anything.
Of course, as you become an adult some repetition is inevitable, but it’s amazing how much you can squeeze into your life if you really commit yourself to doing that.
My wife’s nephew, Tony, was that way. Student, son, film-maker, brother, boyfriend, snowboarder, friend, athlete, partier, traveler, adventurer-that guy stuffed more things into his life than most people could do in three lifetimes.
Unfortunately, Tony didn’t even get a chance to complete one lifetime. He died, tragically and unexpectedly, on July 11, 2009, at the age of 24.
Tony’s passing gave me, and all of his family and friends, a horrible, sobering reminder of just how fragile life is. It can be taken away from any one of us in an instant. None of us have any way of knowing how much time we have left on this earth.
That being the case, it is incumbent upon all of us to make the most of our lives. Take charge of your life and your future. Set challenging goals for yourself, and design your life around them.
Train your mind as well as your body. Get and keep yourself in great physical condition, so that a lack of fitness never holds you back.
Make your life a daring adventure, full of thrills, achievement and happiness.
Work hard on developing yourself to be the best you can be. Cultivate and nurture your relationships with the people who mean a lot to you.
Don’t miss anything. Don’t leave anything on the table. LIVE!
And don’t let any opportunity that comes your way pass you by.
Tony never did.
Happy Carpe Diem Day!
On March 31st, 2003, a doctor told me I had prostate cancer. I was 44 years old.
That’s not good.
On June 4th, 2003, a different doctor performed surgery on me to remove the cancerous gland.
That is good.
Today, June 4th, 2011, is the 8th anniversary of that surgery, and the doctor tells me cancer is still undetectable in my body.
That’s very good.
I have proclaimed June 4th “Carpe Diem Day”. I celebrate it every year, and invite you to celebrate it with me.
Carpe Diem is Latin for “seize the day”. Being diagnosed with a terminal disease, and subsequently getting it taken care of and receiving a second chance at life, gives one a new perspective on how very precious each moment of life is.
I believe that every person’s highest moral purpose is the achievement of their own happiness. Whatever you need to do to achieve yours, I encourage you to “seize the day” and do something today to move you one step closer to it.
As my fellow cancer survivor Lance Armstrong would say-every second counts!
Seize the day,
Dave Durell, MS, PTA, Master HIT Trainer
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INSTANT CASH FLOW-TENANT OCCUPIED 3/2 $33,500
Buy this one this week and collect a check June 1st! Nice 3 bedroom, 2 bath, 1 car garage home in Port Richey, already furnished with happy tenants who pay on time! Tenants want to stay and are on a 1 year lease until February, paying $600/month. The house is in great condition and needs nothing right now, and just very minor cosmetics if the tenants ever leave someday. This one is pretty much a no-brainer if you’re looking for a great long-term rental, so grab it quick before it’s gone.
*NOTE: DO NOT DISTURB THE TENANTS–CALL ME FOR ACCESS.
7218 Gulf Highlands Drive SOLD
Port Richey, FL 34668
Price: $33,500 Net to Seller
Repairs: None as long as tenant stays; paint the exterior, fix the garage door and minor cosmetics if they ever leave.
Has: Happy tenants paying $600/month on time; new AC condenser; fenced back yard; washer dryer in garage; tile floors throughout.
Comps: Same subdivision within last 90 days:
11730 Paige Dr. 2/2/1 1345 s.f. $62,000
Much smaller comps:
7708 Gulf Highlands 2/1/1 1128 s.f. $55,000
7648 Dale Dr. 2/1/1 960 s.f. $49,900
Now is the time to take advantage of this once-in-a-lifetime market–don’t let this opportunity pass you by!
DO NOT DISTURB THE TENANTS. All prices are net to seller. Cash or hard money only, 2k deposit. Please do your own due diligence and contact me for access.
727-521-7319
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1396 Sq Ft Fully Furnished 36K Port Richey FL
10913 Casa Grande Ave. SOLD
2 BR, 2 Bath, 1 CRGR 1396 total heated and cooled sq ft.
Nice Port Richey House $26 Sq Ft
Here is another great wholesale deal we just picked up. With a little work this one will make an excellent long-term rental, or just re-sell it for a nice cash profit.
8847 Goshen Lane
Port Richey, FL 34668 SOLD
2 BR, 2 Bath, 2 CRGR 1325 sq ft easy conversion to 3 BR
Price: $34,900 Net to Seller
Repairs: Paint, carpet, roof repair (no evidence of leaking), re-screen porch, garage door opener, cosmetics to taste
Has: Good AC, newer water heater and softener, R53 insulation, good neighbors
Comps: Same subdivision within last 90 days:
7225 Moravian Dr. 2/2/1 1322 sq ft $85,000
6921 Twilite Dr. 2/2/1 1027 sq ft $79,500
7247 Sandalwood Dr. 2/2/1 1116 sq ft $65,000
If you don’t have your own rehab crew you can use ours–they are very fast and do quality work at a very reasonable price.
Now is the time to take advantage of this once-in-a-lifetime market–don’t let this opportunity pass you by!
All prices are net to seller. Cash or hard money only, 2k deposit. Please do your own due diligence and contact me for access.
727-521-7319
New tool helps landlords calculate cash flow property opportunities
Zillow.com has added a rent estimating feature they call “Rent Zestimates”.
“Buyers and renters are not exclusive categories — many people are considering both options when shopping for a new home,” said Zillow CEO Spencer Rascoff in a statement. “Similarly, many would-be sellers in today’s housing market are considering whether to become landlords rather than sell at a loss.”
In addition, the “Rent Zestimate” feature can help investors evaluate the cash flow potential of an investment property they are considering purchasing.
For example, one of our current listings, 9536 Richwood Lane in Port Richey, FL, is listed at $49,750. Zillow estimates the rent at $724/month. They also estimate the monthly mortgage payment, with a 10% down payment, at $387/month, including taxes and insurance. If we round the rent figure down to $700/month, this still leaves a nice $313/month positive cash flow.
So the Zillow “Rent Zestimate” is a nice feature to quickly get a rough idea of what a property would rent for, to help investors do an initial cash flow assessment of an investment property they are considering purchasing.
Leave a comment below and let us know what you think of Zillow’s new “Rent Zestimate” feature
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