Troy Nowak's Blog Posts

Pinellas County Florida Real Estate Market Breakdown - April 2022

Local realtor boards post a monthly report about the Pinellas and Hillsborough County market. These reports are over 20 pages long and they include complex terms and data that can be challenging to

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Terminologies You Should Know When Selling a Home in Pinellas County

When you’re ready to sell your home in Pinellas County, there are many terms that you’ll need to understand before signing on the dotted line with your real estate agent. Selling your

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14 Terms You Should Know When Buying a House - Pinellas County

Buying a house can be an overwhelming experience, especially if you’re buying your first home. There are many acronyms and jargon that can seem intimidating at first, but once you learn the

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Average Short Term Rental Occupancy Rate by City in Pinellas County - March 2022

 Want to know  the Short Term Rental occupancy rates by city in Pinellas County, Florida? This blog takes a look at the averages by city in Pinellas County, Florida in March 2022. The data

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How to Sell Your House for More Than It's Worth

If you’re thinking about selling your house, but aren’t sure how to price it, this article will tell you everything you need to know about selling your house for more than it’s

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8 Reasons Why You Should Move To Tampa Bay

 Considering a move to Tampa Bay? If you’re the type of person who doesn’t mind warm weather and that Florida feel, Tampa Bay might be just the place for you. Imagine a place

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Pinellas County 1031 Tax Exchanges: What You Need to Know?

If you're considering purchasing an investment property, it's important to understand how the exchange process works. With the right information, you can save yourself thousands of dollars in taxes

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What Short Term Rental Restrictions Are There In Clearwater, St. Petersburg, and Tampa Area Beaches?

A majority of homes are not allowed to be leased for less than 30 days in Pinellas County. Below are the four ways that a home may be prohibited from operating nightly stays on sites such as VRBO

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Is It a Good Idea to Sell to Cash Home Buyers?

If you need to sell your home fast and in an orderly manner, selling to cash home buyers may be the right option for you. However, not all cash home buyers are created equal, so you’ll want

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Should I Sell My House Now in Pinellas County?

No matter what the market is doing, people are always wondering “Should I sell my house now?”  The answer to this question can depend on your personal circumstances, as well as

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How Accurate are Airdna Projections for The West Coast Of Florida?

Airdna data is becoming so well respected that there are now loans that base the income on Airdna projections. While I believe the program and data are fantastic, there are a few things that

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Pinellas County Florida Real Estate Market Breakdown - March 2022

 Local realtor boards post a monthly report about the Pinellas and Hillsborough County market. These reports are over 20 pages long and they include complex terms and data that can be

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How Much is my Home's Worth in Pinellas County?

How Much is my Home's Worth in Pinellas County?If you’re planning to sell your home in Pinellas County, Florida, it’s important to know what it’s worth before you put it on the

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How to Find the Property Lines of your Pinellas County Home

How to Find the Property Lines of your Pinellas County Home Property lines are some of the most valuable things about your home, as they identify exactly where your property begins and ends. If you

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How to Find the History of your Home in Pinellas County

How to Find the History of your Home in Pinellas County Searching the property history of your home can be very helpful if you are planning to sell or refinance, or just want to know more about your

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Five Reasons To Buy Your Short Term Rental With Mangrove Bay Realty

Buying a Tampa area short-term rental can be a fantastic investment, but it can also be a lot of stress if you do not have the right team advising you. It is essential to work with an agent that

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Earnest Money Deposit ( EMD ) FAQs

Earnest Money Deposit (EMD) FAQsWhile home-shopping, many buyers find themselves with the opportunity to make an offer on their dream home after they have only seen pictures of it and know only

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5 Things You Should Know About Pinellas County

5 Things You Should Know About Pinellas County Pinellas County may be best known as the home of beaches, but there's so much more to it than that! Here are 5 surprising facts about Pinellas County

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How to Avoid Capital Gains Tax When Selling a House in Pinellas County

If you’re thinking about selling your house, you may be worried about paying capital gains tax on the profits from your sale. Luckily, there are plenty of ways to avoid capital gains tax so

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Who Pays For Title Insurance When Selling A Home in Pinellas County?

Who Pays For Title Insurance When Selling A Home in Pinellas County? When you sell your home in Pinellas County, one of the major things you want to make sure of is that the title to your property

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Pinellas County Cities Property Tax Rates

Owning a home in a city in Pinellas County can be an incredible asset, but there are many decisions to make in the process of purchasing or investing in this region. A recent study revealed that

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How to Stage Your Home to Sell Quicker and at a Higher Price in Pinellas County

How you choose to stage your Pinellas County home before putting it on the market will have an impact on how fast you can sell it and how much money you’ll be able to get from it when you do

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Selling a Vacation Home vs. Primary Residence in Pinellas County

If you’re trying to decide whether to sell your primary home or your vacation home in Pinellas County, it can be difficult to determine which one will provide you with the most tax breaks and

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Things to Consider when Selling a Home FSBO in Pinellas County

The decision to sell your home in Pinellas County without the help of a realtor can seem like the financially prudent choice, especially in today’s market where realtors’ fees can be

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Top Five Beaches For Short Term Rentals Within An Hour Of Tampa

Investors continue to flock to the Tampa area to buy their dream vacation property that produces income while they are not using it. Unfortunately, the most well-known beaches in the area have

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Pinellas County Florida Real Estate Market Breakdown - February 2022

  Real estate agent boards post a monthly report about the Pinellas and Hillsborough County market trends. These reports are over 20 pages long and they include complex terms and data that

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Buying A Pinellas County Property With Tenants In Place - Four Common Questions

Buying A Pinellas County Property Finding an under-rented property can be one of the best ways to get a profitable deal in Pinellas County, but it is important to know the rules to avoid costly

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Pinellas County Zestimates Vs. Appraisals

I recently purchased a home in Dunedin and the home was priced at $670,000 with a zestimate of $672,000. Immediately after closing on the home at $550,000, the home is now showing a zestimate of ,

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Pinellas County 2022 Short Term Rental Requirements

It is crucial to be aware of rules and regulations related to parking, occupants, and minimum stays before purchasing a short-term rental in Pinellas County. I often see buyers overlooking key

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How To Get Your Dream Home In Pinellas County’s 2022 Market

In the past two years, I have worked with over 200 buyers from St. Petersburg to Jacksonville, and everywhere in between. Throughout this time I have heard countless stories of buyers trying to

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Where Can You Legally Run A Short-Term Rental In St. Petersburg and Gulfport?

The popularity of St. Petersburg continues to grow with its vibrant downtown life and proximity to some of the best beaches in the country. As popularity grows, the number of short-term rentals has

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Are Short-Term Rentals Allowed In Clearwater Florida?

 Short-term rentals continue to grow in Pinellas County as sites like Airdna rank it as one of the most profitable places to purchase in the country. Unfortunately, most areas of Clearwater do

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Pinellas County Florida Real Estate Market Breakdown - January 2022

 Local realtor boards post a monthly report about the Pinellas and Hillsborough County market. These reports are over 20 pages long and they include complex terms and data that can be

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Tampa Florida Real Estate Market Breakdown - January 2022

As you may know, local Realtor boards post a monthly report about the Pinellas and Hillsborough County markets for the public to consume. However, these reports are over 20 pages long and they

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Pinellas County Short Term Rental Insurance - 5 Keys To Consider When Buying

1. What should you select for your minimum nightly stay and how will this affect your rate?Insurance companies price insurance based solely on the risk they assume. Typically, lower minimum stays

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2022 Top Condo Communities on Clearwater Beach Florida

Clearwater Beach is a small barrier island on the Gulf Coast of Florida. The beautiful sunset views and soft white sand have made Clearwater Beach an award-winning location. The white sand beaches

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2022 Luxury Condo Communities In Downtown St Petersburg Florida

The demand for downtown St. Petersburg condos continues to rise as buyers are drawn to the luxurious downtown living located within a 15-minute drive to one of the top-rated beaches in America. 

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How Much Money Is Needed To Purchase A Pinellas County Short Term Rental?

       Location MedianPurchasePrice(December 2021)Conventional Down Payment(20%)Buyer Paid Closing Costs (3.5%)Furniture TotalUpfrontCostPinellas County$370,000 ,

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Pinellas County Home Repair Cost Guide - 2022

Like most goods and services, Pinellas County home repair costs have gone up with inflation in 2022. Below is a step-by-step guide to estimating repair costs using an example from a home that I

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Pinellas County FHA Loan Limits 2022 - Commonly Asked Questions and Answers

Pinellas County recently updated the FHA loan limits as seen above. Along with these limits I have included commonly asked questions to help you understand what these limits mean and how they can be

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What Home Updates Have The Highest Returns For Pinellas County Short Term Rental Properties?

In the age of HGTV-style renovations and home make-overs, it is easy to think that your Airbnb/VRBO has to be magazine-ready. However, in this blog we will take a look at which updates give a strong

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Pinellas County Rental Zoning Map 2022 - The Latest List Of Cities Allowing Short Term Rentals

I have heard countless stories of investors purchasing homes in an area of Pinellas County that does not allow short-term rentals. This is a crucial mistake that can force you to lose thousands in

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Pinellas County Contacts To Verify Short Term Rental Restrictions

Verifying rental restrictions is crucial before purchasing any investment. Please reference the list below to verify the ability to short term rent any property of interest. City

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Tampa Bay Area Short Term Rental Investing- How To Evaluate A Property Before Purchasing

Below is a step-by-step example of a recent short-term rental property evaluation for a client looking to purchase in Largo. The home is a 4 bed, 2.5 bath with a pool and the client is considering

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Why Pinellas County Will Remain The Top Real Estate Investing Market In 2022

       A common debate in real estate is whether investors should invest based on the probability for  appreciation or the amount a property will generate in income. If

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Home Partners- Tampa’s Largest Single Family Lease Program Explained

You have most likely heard of Home Partners of America if you are in the market for an updated single-family lease in the most desirable areas of Hillsborough and Pinellas County such as

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Pinellas County Short Term Rental Zoning- The Hidden Factor Pushing Record Appreciation

The demand for short-term rentals in Pinellas County has recently skyrocketed as data is showing it to be one of the most profitable places to buy In the country. Most investors are looking to

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The New Pinellas County Real Estate Program That Is Helping Average Buyers Get Into Their Dream Home

As the real estate market continues to soar in 2021, many clients are coming to us with the same stories: “We offered on 12 homes and lost every single one” “We can&rsquo

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The Top Five Areas For Walkability In Pinellas County

Walkability is becoming a huge factor in home values. Studies have shown clear correlations between walk scores and property values. Not only are walk scores good for your property value, but living

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Best Places To Play Beach Volleyball In Pinellas County Florida At Night

It's been six years since I packed up and left the dreadful winters of New York to enjoy permanent summer in Pinellas County. One of my main reasons for moving was the ability to play beach

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Pinellas County Short Term Rental Zoning

If you are familiar with real estate investing you are aware that you can get some of the best returns with short term rentals. Unfortunately, not all areas of Pinellas County are zoned to allow

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How Does the Pinellas and Hillsborough No Money Down Program Work?

Clients are always surprised when I talk about the opportunity to purchase any home under $480,000 and bring less than $1000 to closing. If you have 640 credit and the qualifying income, it is a

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