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Thread summary:

Seeking info on moving to fl: buying a home, realtors, apartment, mortgage consulting and dating scene

 
Old 12-24-2008, 05:43 PM
 
7 posts, read 12,349 times
Reputation: 10

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Hi all,

I am plan on moving to the west coast of FL in approx 2 years and I am researching which city is right for me..

I have been to Sarasota many many times and my family owns a condo in Siesta Key..so I know and LOVE the area..

When I move I will be a college grad--in the finance industry..also have a background in real estate and business administration..

My questions are..

1. As a young, male, college grad, what kind of opportunities can I expect in Sarasota, Venice or Bradenton?

2. I am expected to pull in an annual salary of approx $40,000 right out of school..so would an apartment near downtown Sarasota be a realistic possibility for me? I'd love to be near the Bay..or better yet the Gulf--though I know how those prices can be.

3. I know it is a large retirement location, but is there a decent amount of people in the 19-27 range? I'm eager to meet people there since I will most likely be moving alone.

4. Has anyone here ever lived/currently living in Sarasota right out of college?

I live in Cincinnati..how big of a transition would this be financially and socially?
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Old 12-25-2008, 06:14 AM
 
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Default I'm 1,000 yrs old but will try to answer you as best as I can

I am not in your age criteria and I just moved here 6 weeks ago but I am from Ohio, am a MBA so I will try to give you my 2 cents.

Quote:
Originally Posted by SK FL boy View Post
My questions are..

1. As a young, male, college grad, what kind of opportunities can I expect in Sarasota, Venice or Bradenton?

I would think that in Sarasota there would be more opportunities. But as soon as the market starts to turn, I do think that people will be eager to shop again. Naturally a lot can happen in 2 yrs but I would HOPE that in 2 yrs we will be out of this mess and people will be buying realestate,etc. again.

2. I am expected to pull in an annual salary of approx $40,000 right out of school..so would an apartment near downtown Sarasota be a realistic possibility for me? I'd love to be near the Bay..or better yet the Gulf--though I know how those prices can be.

Is renting your parents' condo out? I would LOVE to love on Siesta Key and for you, there are tons of young people there. But if not, I would think you can rent a nice place in Sarasota for $1,500+. There are so many Apts in that area that I am sure if you look, you will find a great place.

If Siesta Key is out, then your choice of places is where I would choose. It's great over there. We go to that area at least 2 X a week and it is always fun and there are a lot of young people.

BTW do your parents live in Ohio or Florida?

3. I know it is a large retirement location, but is there a decent amount of people in the 19-27 range? I'm eager to meet people there since I will most likely be moving alone. I think Sarasota is perfect. My cousin moved with us and he is 29 and he doesn't feel like Sarasota or Siesta Key are old people. As a matter of fact a few weeks ago we went to the beach and there were so many young people on the beach that I thought it was college kids out on break but started talking to a few people close by and they said "no it is always like this on the weekends". There were large groups of "kids" playing volley ball and girls posing all over. A group close to us had at least 20 people.

4. Has anyone here ever lived/currently living in Sarasota right out of college? Can't really help you here but I can tell you this...you live in Ohio, GET OUT NOW!!!! LOL Do it before you settle down. I met so many people in Ohio that say " Oh I would love to get out of Ohio but I can't now because of my kids". Do it before you get involved and have to stay because of kids, spouse,etc. Also, in Ohio you pay state and city tax, here you do not. That may not mean a lot to you now but for us that is a $30,000 difference in pay!(hub's pay only) Also, they claim the property tax is high here. Well, I was paying $6,000 for property tax in Ohio and then remember my hub alone was paying 30K in Ohio/city taxes so that is 36K a year.... my property taxes here would not come close to that so as you can see, it is way cheaper to live here than Ohio. Remember Ohio is the 5th highest state for taxes.

I am thrilled to be out of Ohio and everyday when I raise my blinds and see sunshine and a pool or drive over one of the bridges and see the ocean, I am thrilled. No more gray skies for months on end.

I live in Cincinnati..how big of a transition would this be financially and socially?
Socially I think you will think you died and went to heaven. Financially, I think you will be better. Ohio is a dying state. Unless you are in medical, then there is not a lot going on there. You have to be able to get a job here that is better and since you won't be paying all the taxes, you are just that much better off.

BTW, it is true that employment is hard here now (for some) but when we go out to eat (which has been a lot since we got here) they are packed. Last night we were chatting with our waiter and he said he has his degree in sociology and has worked at this place for 7 yrs. He brings home 3K a month in tips so he can't afford to quit.

It seems to me that the people who are in the "trades" are the ones who are suffering. No one is building homes.

Anyway, feel free to DM me if you have more questions that you think I can help you with.

It is my opinion that you will not be disappointed and you will do just fine here

Jenny
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Old 12-26-2008, 05:39 PM
 
Location: Where the sun always shines..
1,938 posts, read 5,977,581 times
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My cousin moved to Sarasota right from college and was making less than 30,000. I currently live in Bradenton but am in my 30's. From what she says, it seems that Sarasota is more of a hot spot than Bradenton.. she never stayed in town on weekends and always went to Sarasota for fun.. Im not sure what your career will be, but Sarasota maybe be very reasonable for you if you choose to rent first. Tampa may be what you need for employment though, I guess it depends what market your career is in. I would suggest renting in the sarasota area first, then move to siesta key- you can find some nice homes/townhomes to rent or even apartments. Try the university park area..
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Old 12-26-2008, 06:19 PM
 
7 posts, read 12,349 times
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thank you so much for you insight.
I am expecting to be in the financial world...unsure which area--possibly advising, mortgage consulting, or an analyst...regardless it will be finance and I could incorporate real estate into my plans...if I could become a big shot in SK, that would be ideal--could rake in the cash.

Does being in the finance market make a difference between Sarasota or Tampa?

Quote:
Originally Posted by Oobie119 View Post
My cousin moved to Sarasota right from college and was making less than 30,000. I currently live in Bradenton but am in my 30's. From what she says, it seems that Sarasota is more of a hot spot than Bradenton.. she never stayed in town on weekends and always went to Sarasota for fun.. Im not sure what your career will be, but Sarasota maybe be very reasonable for you if you choose to rent first. Tampa may be what you need for employment though, I guess it depends what market your career is in. I would suggest renting in the sarasota area first, then move to siesta key- you can find some nice homes/townhomes to rent or even apartments. Try the university park area..
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Old 12-26-2008, 07:56 PM
 
Location: Where the sun always shines..
1,938 posts, read 5,977,581 times
Reputation: 824
Well, I hate to be the bearer of bad news, but Florida is NOT the place to move if you plan on going into mortgage broking or real estate. These are the two biggest struggling areas right now especially in Florida..A big shot realtor to rake in some cash?? Im not trying to be rude, but I really think you need to re-evaluate those options. I would stay in the Tampa area with a financial background.. You could work with a bank and there are more banks in Tampa.. If your really set on real estate, I would get some experience where you live first, then come down to interview.. I wouldn't move without a job.
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Old 12-26-2008, 11:31 PM
 
7 posts, read 12,349 times
Reputation: 10
I doubt the real estate market will be the spot for me initially anyways...I would have to do all of the work and become certified in FL and that will take time..

I am most likely going to start out as a financial analyst or adviser--i have limited connections in SRQ and Tampa...and would not move without a job...
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