David Barr's Sarasota and Venice Real Estate Blog

My services to you as a real estate investor don't stop once you have acquired your property. If you are buying to fix up and flip, my expertise in working with buyers in all kinds of price ranges across my service area of Manatee, Sarasota, and Charlotte Counties can help you maximize your return on investment. One of my customers is in the process of flipping now and asked my input on flooring replacement.  Another customer of mine is closing on an investment rental condo, and needs the flooring replaced as well. My recommendation on flooring replacement is tile.  Tile is inexpensive, durable, and easy to install on a concrete slab/subfloor.  Buyers see it as an upgrade and tenants like it because it's easy to clean.  My advice is to stay away from laminate flooring, even if it costs a little less. If you are trying to match different flooring, it's easier to match tile to tile than it is to match laminate or engineered wood floor colors and textures.

Everybody is reading how Sarasota is a great place to invest in real estate . And that's the problem that stops many people from actually investing here. Casual investors don't realize we are transitioning to a seller's market, and most properties under $150K will be multiple offer scenarios.  These investors also don't realize they have little time to make a decision once a property comes on the market.  Lowball offers have zero chance of being accepted. For investors who are skittish about multiple offers, my suggestion is to contact me about opportunities in other parts of our market that are lesser known.  Rental demand is strong across the three county area I serve (Sarasota, Manatee/Bradenton, and Charlotte Counties).