John William Barger shares real estate tips and tricks for buyers and sellers alike on NBC!
Daniel Paloscio has an enviable record flipping homes. Last April, he and a partner paid $275,000 for a house in a coveted South Tampa neighborhood. After renovations, they sold it in November for $515,000 — a gross profit of $240,000. That wasn’t their only impressive flip. A Tarpon Springs house Paloscio snagged for $170,000 last year sold six months later…
Most Tampa Bay residents have never heard of Westminster Heights. But the St. Petersburg neighborhood could give a lot of bang for the buck when it comes to investing in real estate this year. Lying south of Central Avenue between 49th and 58th Streets S, Westminster Heights tops Zillow’s list of the five bay area neighborhoods expected to show the…
It has a hot, muggy climate, dangerous mosquitoes and a never-ending string of bizarre-o happenings. Still, Florida remains one of the nation’s best places to invest in real estate, and Tampa is one of the best cities to invest in. That’s according to GoBankingRates, which ranks Tampa second among the top 15 U.S. cities in which to own investment property….
In the Tampa Bay area, there’s a whole lot of flippin’ going on. One out of every 10 homes sold in the second quarter of this year was a flip, RealtyTrac reported today. That’s 13 percent more than a year earlier and enough to rank Tampa Bay third-highest nationally in flips — defined as any property bought and resold in…
House flipping enjoyed a big spurt of activity in 2015, and there were few busier places for flipping than the Tampa Bay area. Among 110 metro areas with at least 250 flips, the bay area tied with Las Vegas and Fresno, Calif., for second place in flips as a percentage of total single-family home sales — 9.2 percent. Only Memphis…
For the 12 months ended in June, the Tampa Bay area led the nation in completed foreclosures with 16,750 homes taken back by the lender or sold at auction. However, that was 13 percent fewer than in the same period a year earlier, a new report by the property data firm CoreLogic says. And the percentage of bay area borrowers…
In addition to triple ginger snaps, orange chicken and wild mushroom & black truffle flatbread, here’s another reason to like Trader Joe’s: It might drive up property values. Both nationally and in the Tampa Bay area, homes near Trader Joe’s markets have shown a greater increase in value from time of purchase than homes near the stores of rival chain…
Last fall, Tampa-based Badger Investments paid $86,100 for a bank-owned house in St. Petersburg that was showing its age. Out went the wall-to-wall carpeting and the window air conditioner. In came granite countertops and stainless steel appliances. Badger put the house back on the market and sold it in May for $149,000 — a 73 percent gross profit. But those…
