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Updated over 7 years ago on . Most recent reply

User Stats

21
Posts
9
Votes
Josh Day
  • Memphis, TN
9
Votes |
21
Posts

Moving Recommendations for Beach Investment

Josh Day
  • Memphis, TN
Posted
My family and I are looking to move to a warm beach area and purchase a property that we can live in for a year (low down payment) and use as an investment and repeat this process for a few years. We are open to house hacking a duplex-quadplex or SFH that we can rent or airbnb (vacation rental). We've been thinking southern FL, but are looking for area recommendations if there is a better market. I'm a physical therapist so I can get a job anywhere we move.

Most Popular Reply

User Stats

40
Posts
10
Votes
Tom Donnelly
  • Real Estate Agent
  • Melbourne, FL
10
Votes |
40
Posts
Tom Donnelly
  • Real Estate Agent
  • Melbourne, FL
Replied

Josh, 

Darrin's 12 unit purchase in the Space Coast/Brevard County is pretty typical of the market here, with substantial upside on the rents. Google Space Coast and Melbourne FL and you will see that the area might be exactly what you are looking for. Great weather, reasonable prices and a very dynamic economy. Good luck!

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