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Updated over 3 years ago on . Most recent reply

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2
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How to determine feasibility for a rental?

Yadira Gutierrez
Posted

Hello BP Team!

i am considering buy to hold...I have been looking into some distressed properties in Central to North Florida . However, how do I determine the marketability of a property? I just used the BP rental calculator and it provides with some rental comps...but, not the market's feasibility.

Thoughts?

Thanks!

Yadira

Most Popular Reply

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41
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38
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Frank Mongiello
  • Real Estate Agent
  • West Palm Beach
38
Votes |
41
Posts
Frank Mongiello
  • Real Estate Agent
  • West Palm Beach
Replied

MLS access is restricted for agents based upon what Boards they pay for. For example I have MLS access from Miami up to Port St. Lucie but I work with agents throughout the state for listings in Indian River, the West Coast and North Florida. I would find out what areas you are targeting and put together a rockstar team together including lenders, property managers and contractors.

  • Frank Mongiello

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