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Forums » Wholesaling » Wholesaling in FL

Wholesaling in FL Subscribe to Wholesaling in FL

6 posts by 5 users

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Nicole Starnes

Real Estate Investor · Hazleton, Pennsylvania


Forum_avatar_avatar-wholesalerei

Icon_minipost Sep 27 '08, 03:56 AM

Me and the fam are thinking about moving down to FL here in the next 4-5 months. Of course, I would continue wholesaling, but I've heard that the RE market in the entire state of FL isn't really a good one. Can someone clear things up for me?

Edited: 06/26/2010 at 06:00AM


Shelby Washington

Real Estate Investor · Renton, Washington


Forum_avatar_avatar-onepunch

Icon_minipost Sep 29 '08, 08:34 AM

Yes, for the most part it's true Florida is definitely one of the worst hit states by foreclosures. One in every 186 Florida properties received a foreclosure filing, the nation's third highest state foreclosure rate. But of course you know what that means, you're only going to get a really good deal on what ever property you buy in Florida for the family. I've also noticed quite a few people not being able to get rid of wholesale deals that are in the 50-60% ARV area, but I think that's due to them not being able to market their property correctly. If you move to Florida you can definitely make a killing wholesaling if you have good enough marketing. We're talking about hundred's of thousands of people that are waiting for you to help them!!! HAVE AT IT!

Edited: 06/26/2010 at 06:02AM


Sierra Brown

Real Estate Investor · Fort lauderdale , Florida


Forum_avatar_avatar-brown1986

Icon_minipost Sep 29 '08, 10:23 PM

Hi Nicole well i live in west palm beach florida right now
im still new to wholesaling have not done any myself yet but
i was told that regardless of the market conditions that does not effect wholesalers i would think the only problem would be finding buyers to purchase the deals.

Edited: 06/26/2010 at 06:02AM


James Ward

Real Estate Investor · Ocala, Florida


Forum_avatar_avatar-crosswind_

Icon_minipost Sep 30 '08, 03:44 AM

Nicole,
I live here in Central Florida and business is great. It all depends on your attitude. If you come here with a defeated attitude you will fail. But if you have a possitive attitude, great things will happen.
As a side note, we do business in several states and the properties in Florida move just as fast as any others.
Hope the great sunshine state brings you and your family much happiness.

Edited: 06/26/2010 at 06:02AM


Nicole Starnes

Real Estate Investor · Hazleton, Pennsylvania


Forum_avatar_avatar-wholesalerei

Icon_minipost Sep 30 '08, 04:14 AM

Thanks so much guys!! :)

Edited: 06/26/2010 at 06:02AM


Jason F

Real Estate Investor · Gainesville, FL


Forum_avatar_avatar-gainesvillej

Icon_minipost Sep 30 '08, 04:28 AM

A lot has to do with which part of Florida.

South Florida is rough right now.

The more north you go, the better the market.

Good luck

Edited: 06/26/2010 at 06:02AM


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