Paul Turovsky Tampa

How to Start Investing in Real Estate

paul turovsky

Have you ever thought to yourself, I need to diversify my investments? Have you ever wondered how to get involved in real estate but never knew what to do because you do not have extra funds or the appropriate resources? Real estate investing is no longer just for the wealthy. In fact, it’s more accessible now than ever before.

Real Estate is one of the most profitable investments to make. Yes, it can be intimidating. Yes, it can be difficult. Yes, it can be expensive. However, whether you are a novice real estate investor or a pro, real estate investing in the 21st century can be less intimidating than you initially expected.

Paul Turovsky, a Residential and Commercial Real Estate professional with Emerald Realty International discusses below how to plan for real estate investing when you do not have a significant amount of capital:

Decide What is Financially Manageable

An individual who is interested in investing in real estate must determine their financial capabilities and must decide how much money they are willing to invest. The objective here is to make sure that you do not allocate all your financial resources and leave yourself in a positon where you are no longer able to sustain your day-to-day or month-to-month expenses. Once you determine how much money you can invest with, it is important to create a plan of action by weighing what to invest in.

Weigh Options for What to Invest in

There is a numerous amount of types of real estate that you can invest in and many different areas all over the country. One can invest in vacant land, condominium apartment units, mobile homes, single-family homes, apartment complexes, commercial real estate including but not limited to hotels, retail space, medical offices, gas stations, food courts, plazas and so forth.

To a novice investor this is all overwhelming so the best advice is to try to stay local as best as you can and START SMALL. Spend time researching. Research everything. Research the local market. Research the corporate companies that are in the local market or are moving to the local market. Research the income and rental levels of different neighborhoods. Research available listings of different types of properties.

The more you research, the more you learn. You can than contact a local real estate professional and pick their brain about real estate investments that match your investment capability and continue to ask relevant questions. If you are not able to purchase real estate individually due to financial constraints, you can weigh options on how to invest with different investment groups.

Weigh Options for How to Invest 

There are many creative ways on how to invest in real estate. If you do not have a significant amount of resources, you can look at purchasing a duplex property (a property consisting of two units’ side-by-side). You can live in one of the units and rent the other.

Alternatively, if you do not have the means to purchase a duplex, you can consider investing in Real estate investment trusts (REITs) or real estate investment groups (REIGs). These types of organizations pool individual investors capital together to be able to purchase different types of real estate. The benefit here is that as a novice investor you are able to participate in the acquisition of larger investments that you otherwise may not have the capability or opportunity to invest in. The group will than professionally manage the asset and provide a return of investment to you as their investor.

If you are not able to find a real estate investment trust or a real estate investment group that you feel comfortable with you, can look at several online platforms that connect real estate projects with investors. These platforms take the responsibility of verifying the investments and work side-by-side with you to ensure that your investment is protected. The platforms offer regular cash distributions to investors and provide constant reporting and transparency. Such popular platforms include RealtyMogul and Fundrise.

Start Investing

“Pulling the Trigger” is never easy, but as you can see, investing in real estate does not have to be as difficult as it once was. Plan your finances, review your market and what you are interested in investing in, start small and speak with different professionals who can help guide you make the perfect choice for your investment goals.

Paul Turovsky Tampa

Tampa, Florida is a Perpetual Draw for Real Estate Investment

Paul Turovsky

Tampa, Florida attracts an array of real estate investors and has been doing so for a significant period. Its bustling metropolitan life, peltry of universities, hospitals, corporate headquarters, diverse restaurants, and centralized location are all a perfect mix for investors to continue seeking investment opportunities.

This article by Paul Turovsky will explore why the area still attracts so many real estate investors and why that trend isn’t expected to stop soon.

Tampa is a Fast-Growing City

Tampa has been growing very quickly and is projected to continue to see an increased rise in growth in the coming years.  Specifically, Tampa grew 1.3% in population in 2021 and is estimated to grow 3.3% annually in the next few years.  Experts expect approximately 126,000 new residents to move into the Tampa metro area by 2024.   

According to a data analysis conducted Tampa takes place 3 on the list of top US cities people are looking to move to.  With steady job growth and higher-paying professional and business services, Tampa’s business expansions have been sparking even more economic growth in the city.  This creates a higher demand for housing.   

Tampa Has a Healthy Economy

Since the US has been facing such high rates of inflation and is expected to undergo an economic recession in the future, Tampa has been subjected to a bit of these difficulties as well, with an unemployment rate of 5.0% and a recent job growth of -4.7.  

In comparison to the rest of the US at a 6.0% unemployment rate and 6.2% recent job growth, Tampa isn’t faring too badly during these financially difficult times.  Additionally, Tampa is expected to experience a future job growth of 42.7%, whereas the rest of the United States is only expected to see a future job growth of approximately 33.5%. 

Paul Turovsky

Tampa Attracts People from Everywhere 

Many people of all ages and backgrounds are interested in moving to Tampa, Florida for various reasons.  For one, downtown life has been bustling and is projected to continue to grow in Tampa, making accessibility to stores and entertainment much easier.  Additionally, Tampa housing although not cheap is still relatively affordable compared to other Florida cities such as Miami. 

Tampa has beautiful tropical weather year-round, a positive feature for almost any person.  Plus, Tampa is known for technological innovation, so it’s a great place for those employed in the tech industry to launch their newest ideas and startups.  Finally, Tampa provides a strong workforce because of its many higher learning institutes.   


Tampa, Florida will continue to attract real estate investors because of how much opportunity and benefits it offers residents looking to move in.  With so much to offer potential home buyers and renters, investors would be hard-pressed to find another city to invest in.  

Tampa is not only growing fast from a real estate perspective, but also its population and the economy.  With relaxing and enjoyable tropical weather that rarely ceases, it’s hard not to consider investing in this growing city.