Question Regarding Miami Real Estate Market!
Hello Everyone!
I hope you are all well. I am a new investor that is considering entering into REI with an FHA loan on a duplex. I have some questions regarding the market here in Miami.
I have heard many things about the stability of it. I understand that while the many high rises going up might drive prices up and down in that area. However, what about the rent and home prices in the more low income areas?
While I am looking to do my first deal, is now a good time to be investing in the lower income/family suited areas of Miami?
Thoughts/Feedback?
Thanks guys!