4.9 • 675 Ratings
🗓️ 18 August 2023
⏱️ 28 minutes
🧾️ Download transcript
Today's Flash Back Friday Episode is from Episode #402, which originally aired on February 28, 2022.
Jeff Copeland is a Real Estate Investment Expert and fellow Tampa Bay resident.
Jeff is the Co-Founder of Copeland Morgan, LLC, a multifaceted real estate firm that handles everything from direct investments, brokerage, property management, and construction services.
Quote:
“I think there are still ways to stay competitive in [the Tampa Bay] market and one of them is the infamous Value-Ad property…negotiate and buy it based on how its performing now with a realistic plan for year 1, year 2, and what are we going to do to help it cash-flow better, generate more income, and reduce the expenses.”
“Rents are always going to lag real estate prices because most leases are locked in for a year or so, and so you see them jump on an annual basis where the sales prices go up on an even curve.”
“One of the things we don’t have in the Tampa Bay market is the high-wage jobs. We don’t have the Silicon Valley in our backyard…we are still a service-based economy, a tourism-based economy, a healthcare-based economy.”
Highlights:
02:32 - Jeff tells listeners more about his background in real estate.
06:32 - Jeff dissects Tampa Bay market growth.
08:26 - Jeff discusses how investors can stay competitive in his market.
10:24 - Jeff and Kevin talk about rent growth and trends.
16:04 - Jeff provides insight into investments trends outside of apartments and single-family based on Tampa’s competitive market.
17:31 - Jeff discusses opportunities for other investors across Tampa and different counties.
21:13 - Jeff dives into what he’s excited about outside of real estate.
22:54 - Jeff answers Kevin’s golden nugget question.
Guest Website:
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| 0:00.0 | Welcome to this week's edition of Flashback Friday. It's your opportunity to get some good review by listening to episodes from the past that Kevin is handpicked to help you along your investment journey. If you like to partner with Kevin and join his team at Sunrise Capital Investors, head to invest with Sunrise.com to learn more. That's |
| 0:22.1 | invest with sunrise.com. Enjoy the show. Now, our guest for this week's show is real estate |
| 0:27.9 | investment expert and fellow Tampa Bay resident Jeff Copeland. Jeff is the co-founder of Copeland |
| 0:33.9 | Morgan LLC, a multifaceted real estate firm to handles everything from direct investments, |
| 0:38.6 | brokerage, property management, and also some selective construction services. And so, |
| 0:43.8 | you know, given that, Jeff is a, he's a local Tampa resident. I'm really excited to chat with him |
| 0:48.7 | about, you know, just all this incredible growth that we've seen here in the Tampa Bay area. |
| 0:53.4 | You know, Florida in general, but, you know, Tampa has just been on fire over these last couple of years, |
| 0:58.5 | not just during the pandemic, even pre-pandemic. |
| 1:00.4 | The pandemic just kind of accelerated things because I think everyone wanted to get the heck |
| 1:03.6 | out where they were and they wanted to come to Florida and enjoy the sunshine and the beaches. |
| 1:06.7 | But in any event, Tampa was already on a really strong growth trajectory. |
| 1:10.7 | And so excited to chat with Jeff today about everything and anything related to Tampa Bay real estate investments. So without further do, guys, I like to welcome Jeff Copeland to the show. Jeff, how. It's funny. We jumped on here and I've done a little bit looking, |
| 1:27.6 | you know, where you're from and all that and you're obviously back yard. We're back, |
| 1:32.5 | backyard county neighbors, I guess you could say. I'm over in Pinellas County. You're over in the |
| 1:36.2 | Hillsborough County area over in Tampa. But, you know, really Tampa Bay makes up three, |
| 1:41.3 | three counties. You know, it's funny. If you live in Hillsborough, Pinellas, you'd probably say that it's more realist, or it's, it's more two counties. And, |
| 1:49.2 | uh, but if you live up in Pasco, you definitely say that Pascoe, Hillsborough and Pinellas are, |
| 1:53.6 | you know, they make up with the Tampa Bay area. But anyway, that's, yeah, our office is actually in St. Pete, we're just right across the bridge from Tampa and northeast St. Pete. Okay, okay. Got it. Well, good deal. We're excited to have you here. And why don't we start here, Jeff, why don't we, you know, pass a mic back to you. Take a few minutes to tell our listeners a little bit more about yourself. I gave you a really brief introduction, but give us a little bit more of your background and ultimately how you found your way into the real estate space. Yeah, I'm always fascinated by |
| 2:18.3 | these sort of origin stories myself because everybody tends to come from different walks of life and |
| 2:22.6 | land in real estate. We owned another business previously, and I find that's another common thing. |
| 2:29.1 | There's a common theme. There's a lot of sort of serial entrepreneurs that ultimately land in real |
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