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Home That Fits Your Home-Based Business

July 12, 2021 by Nick & Cindy Davis

If you are dreaming of opening your own home business but don’t have the space you need to work, it could be time to buy a new home. Having some extra space in your home can help you grow your business without limitations. Plus you’ll have more room for your family, which can help you create some work-life balance.

Need some help figuring out your next steps? You can start by reading through these insider tips courtesy of Team Davis.

 

3 Tips for Buying a Home That Fits Your Home-Based Business

3 Tips for Buying a Home That Fits Your Home-Based Business

Are you looking to purchase a home in the Tampa Bay area? Team Davis can help you find the perfect place! Let our family assist your family. Contact us today!

Security and Safety Should Come First

Before we dive into buying a new home, let’s talk about protecting it and your business. One of the first steps you need to take is to create an LLC. An LLC will protect your home and other personal assets from lawsuits, fines and other financial issues. Hopefully, you’ll never have to deal with any of these, but when it comes to your finances it’s better to be safe than sorry.

You could work with an attorney on the formation of your LLC, but doing so isn’t always necessary. Filing the paperwork yourself is really simple in most states, and doing so will keep you from paying steep legal fees. Better yet, you could save by using a formation service like LegalZoom competitor Zen Business. Just bear in mind that LLC requirements vary by state. Hence the need to research rules where you live.

One final note on protecting your business. Odds are pretty high that you will be conducting some, if not all, of your business online. Before you do, review expert-recommended best practices for preventing identity theft and other cybersecurity incidents. It will only take a few minutes and could end up saving your business thousands.

Then Check Financial Tasks Off of The List

Now that you have a plan for protecting your business, let’s talk more about protecting your personal finances. First, you’ll want to figure out a target price point for your new home before you begin searching. Taking a look at local trends is as good of any place to start and will help clue you into average home prices in your desired location.

Once you have a goal price in mind, get your finances in shape so that you can begin applying for home loans. Documents you will need for pre-approval include the following:

  • Pay stubs, W2s and other income documents.
  • Proof of other financial assets.
  • Personal documents, including a business license.

Being pre-approved for a mortgage gives you more power as a buyer, especially in competitive housing markets. Plus you’ll have even a better idea of how much you can spend on your home.

Now Start Shopping for The Perfect Property

 This is the fun part! Or at least it should be. If you’re feeling anxious about looking for a new home, you can put your mind at ease by hiring the right real estate expert. Your Realtor will have access to the latest listings in your preferred area. Then you can see which properties have the features you need to grow your business. Once you have a few contenders, your agent can set up tours so you can see potential new homes in-person. From there, you’re only a few steps away from owning your new home! Your agent can walk you through the final stages of the process, which include making an offer and closing.

The perfect home should fit all of your dreams and needs. Including any dreams you have of starting a home-based business. With the right steps in your plan, and the right real estate team by your side, you can make finding and buying that home oh so easy.

Photo Credit: Unsplash

Ready to find your new home here in the Tampa Bay and Surrounding Areas? Nick, Cindy & Nicholas Davis with RE/MAX Premier Group are here to assist you with all your Real Estate Needs. We are always available at 813-300-7116 to answer your questions or you can simply click here and we will be in touch with you shortly.

Need to get started with your mortgage process? You can contact Kyle Edwards with Iberia Bank at 813-495-5131, or simply click here to start your online application.

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Ways Our Family Can Help Your Family

All Homes For Sale in & Around Tampa

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  • 8697 Milestone Drive, Sarasota, FL
    8697 Milestone Drive
    Sarasota, FL
    Photo of 8697 Milestone Drive, Sarasota, FL 34238 (MLS # A4657844)
    $419,000
    • Lot Size
      2,614 sqft

    • Home Size
      1,819 sqft

    • Beds
      3 Beds

    • Baths
      3 Baths

    • Year Built
      2021

    • Days on Market
      1

  • 5110 Lake Valencia Boulevard E, Palm Harbor, FL
    5110 Lake Valencia Boulevard E
    Palm Harbor, FL
    Photo of 5110 Lake Valencia Boulevard E, Palm Harbor, FL 34684 (MLS # TB8403543)
    $579,000
    • Lot Size
      10,890 sqft

    • Home Size
      2,308 sqft

    • Beds
      4 Beds

    • Baths
      2 Baths

    • Year Built
      1984

    • Days on Market
      1

  • 1341 Sawgrass Hammock Lane, Davenport, FL
    1341 Sawgrass Hammock Lane
    Davenport, FL
    Photo of 1341 Sawgrass Hammock Lane, Davenport, FL 33837 (MLS # O6323887)
    $372,990
    • Lot Size
      4,356 sqft

    • Home Size
      1,509 sqft

    • Beds
      4 Beds

    • Baths
      2 Baths

    • Year Built
      2025

    • Days on Market
      1

  • 144 Costa Loop Street, Auburndale, FL
    144 Costa Loop Street
    Auburndale, FL
    Photo of 144 Costa Loop Street, Auburndale, FL 33823 (MLS # L4954165)
    $429,990
    • Lot Size
      11,762 sqft

    • Home Size
      2,427 sqft

    • Beds
      4 Beds

    • Baths
      3 Baths

    • Year Built
      2025

    • Days on Market
      1

  • 12335 George Drive, Brooksville, FL
    12335 George Drive
    Brooksville, FL
    Photo of 12335 George Drive, Brooksville, FL 34613 (MLS # TB8401563)
    $129,900
    • Lot Size
      6,099 sqft

    • Home Size
      1,056 sqft

    • Beds
      2 Beds

    • Baths
      2 Baths

    • Year Built
      1979

    • Days on Market
      1

  • 713 Rustic Oaks Drive, Palm Harbor, FL
    713 Rustic Oaks Drive
    Palm Harbor, FL
    Photo of 713 Rustic Oaks Drive, Palm Harbor, FL 34684 (MLS # TB8403036)
    $495,000
    • Lot Size
      13,504 sqft

    • Home Size
      1,430 sqft

    • Beds
      3 Beds

    • Baths
      2 Baths

    • Year Built
      1980

    • Days on Market
      1

  • 705 28th Street N, St Petersburg, FL
    705 28th Street N
    St Petersburg, FL
    Photo of 705 28th Street N, St Petersburg, FL 33713 (MLS # TB8403576)
    $530,000
    • Lot Size
      6,534 sqft

    • Home Size
      1,344 sqft

    • Beds
      3 Beds

    • Baths
      2 Baths

    • Year Built
      1926

    • Days on Market
      1

  • 11451 82nd Avenue, Seminole, FL
    11451 82nd Avenue
    Seminole, FL
    Photo of 11451 82nd Avenue, Seminole, FL 33772 (MLS # TB8403221)
    $459,000
    • Lot Size
      8,277 sqft

    • Home Size
      1,239 sqft

    • Beds
      3 Beds

    • Baths
      2 Baths

    • Year Built
      1958

    • Days on Market
      1

  • 11325 78th Street E, Parrish, FL
    11325 78th Street E
    Parrish, FL
    Photo of 11325 78th Street E, Parrish, FL 34219 (MLS # TB8398995)
    $560,000
    • Lot Size
      10,890 sqft

    • Home Size
      3,029 sqft

    • Beds
      4 Beds

    • Baths
      3 Baths

    • Year Built
      2011

    • Days on Market
      1

    View Virtual Tour
  • 12218 Avondale Oak Place, Riverview, FL
    12218 Avondale Oak Place
    Riverview, FL
    Photo of 12218 Avondale Oak Place, Riverview, FL 33578 (MLS # TB8403567)
    $410,000
    • Lot Size
      6,970 sqft

    • Home Size
      2,237 sqft

    • Beds
      4 Beds

    • Baths
      3 Baths

    • Year Built
      2016

    • Days on Market
      1

  • 1724 Adams Circle S, Largo, FL
    1724 Adams Circle S
    Largo, FL
    Photo of 1724 Adams Circle S, Largo, FL 33771 (MLS # TB8402279)
    $250,000
    • Lot Size
      2,178 sqft

    • Home Size
      1,058 sqft

    • Beds
      3 Beds

    • Baths
      2 Baths

    • Year Built
      1984

    • Days on Market
      1

  • 1596 S Evergreen Avenue, Clearwater, FL
    1596 S Evergreen Avenue
    Clearwater, FL
    Photo of 1596 S Evergreen Avenue, Clearwater, FL 33756 (MLS # TB8403568)
    $410,000
    • Lot Size
      10,019 sqft

    • Home Size
      1,621 sqft

    • Beds
      3 Beds

    • Baths
      2 Baths

    • Year Built
      1962

    • Days on Market
      1

  • 1628 Long Bow Lane, Clearwater, FL
    1628 Long Bow Lane
    Clearwater, FL
    Photo of 1628 Long Bow Lane, Clearwater, FL 33764 (MLS # TB8401568)
    $1,499,000
    • Lot Size
      27,443 sqft

    • Home Size
      4,562 sqft

    • Beds
      5 Beds

    • Baths
      5 Baths

    • Year Built
      1971

    • Days on Market
      1

  • 2568 13th Avenue N #2568, St Petersburg, FL
    2568 13th Avenue N #2568
    St Petersburg, FL
    Photo of 2568 13th Avenue N #2568, St Petersburg, FL 33713 (MLS # TB8400542)
    $618,000
    • Lot Size
      1,307 sqft

    • Home Size
      1,815 sqft

    • Beds
      2 Beds

    • Baths
      4 Baths

    • Year Built
      2022

    • Days on Market
      1

    View Virtual Tour
  • 16291 Eagle View Drive, Spring Hill, FL
    16291 Eagle View Drive
    Spring Hill, FL
    Photo of 16291 Eagle View Drive, Spring Hill, FL 34610 (MLS # TB8403260)
    $739,000
    • Lot Size
      1.10 ac

    • Home Size
      3,736 sqft

    • Beds
      5 Beds

    • Baths
      3 Baths

    • Year Built
      2019

    • Days on Market
      1

See all All Homes Around Tampa.
(all data current as of 7/2/2025)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

 
 

Filed Under: 2021, Advice, Buying a home, Buying a home 2018, Florida Housing 2018, Home buyers, Home buying, Home Ownership, Housing Market 2018, Housing Updates 2018, Moving, RE/MAX Agent

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Nick & Cindy Davis

“Team Davis”

813-300-7116

813-695-6475

 

RE/MAX Premier Group

With 2 Locations!

2915 Allegra Way

Lutz, FL 33559
&
6506 N Florida AVE

Tampa, FL 33604

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