Buying my first rental property in Florida.

[Joseph Torres]

Hello to all this is my first ever post on bigger pockets I've been listening to the podcast as my daily drive to work and home. But I'm currently in Florida and plan on starting my investment journey on my first rental property. Any bigger pockets community out in Florida? If so what area of Florida do you recommend investing in. As im sure most know it has gotten very expensive in South Florida so I've been thinking northern Florida maybe even west coast. I would like to begin my first rental property on my own but I'm not against having a business partner. Any advice is welcome thanks to all for reading.

[Account Closed]

@Joseph Torres - welcome to the forums and congratulations on the first post!  We LOVE the Florida market - for a number of reasons you are probably aware of.  The market has been outstanding for appreciation and cash flow (certain areas of course).  I would take a look at NW FL - as you have mentioned - specifically Milton and Pensacola we have sound some great investment opportunities.  Additionally, I would check out SW Florida - Cape Coral, Ft. Myers, Lehigh Acres - all of these growing rapidly.  In fact, SW Florida was named second in the NATION for new builds recently:  https://www.winknews.com/2021/...  Finally, check out central FL as well - Ocala has been a market we have found success in as well.  What we have been finding is that many of the folks coming in to FL are pushed to these markets as they are able to find more affordable housing - and from a long term rental perspective, the rent rates are favorable to providing positive cash flow!  Feel free to message me if you want more specifics!