Newbie looking for investments in South Florida

Newbie looking for investments in South Florida

Rental Property Investor · Boca Raton, FL · Member since 2019 · 20 posts · 5 votes

Hi fellow Bigger Pocket members, newbie investor here living in Boca Raton, Florida. I’ve been a business owner for all of my career and currently own 3 businesses all related to volleyball...I consider myself very fortunate to be able to work in something I am passionate about. That being said, I have always been oddly obsessed with Real Estate and am looking to get into it. Specifically I really like the multi-family space.

I am looking for a great property management company to help guide me as I get started. I have a good amount of start up capital coming from a cash out refi I am going to be doing with a commercial property that I have for my business.

So basically I am looking for:

1)Suggestions on property management companies.

2)Any potential leads on good buys in my area (Palm Beach, Broward, or North Dade County).

3)Any advice from professionals working in my area. I am new but am definitely no stranger to hard work and am willing to add value in any way possible to people willing to help me as I start this journey.

Thank you so much in advance. I have been so impressed by the community that Joshua Dorkin has created here. I’ve always believed that the more you can give the more you get out of life and have always done what I can to help others...this community exemplifies that and I feel very fortunate to have found this site and podcasts.

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  • Rental Property Investor · Boynton Beach, FL · Member since 2014 · 273 posts · 197 votes
    7y

    @Hugo Jimenez welcome to the real estate investing adventure.  I can say this, if you are looking in our local area be sure to perform due diligence on your numbers, i.e, run the numbers through a property calculator.  If you need one I can send you mine just let me know. 

    It is hard to find cash flowing muli-family properties around here right now. 

    I'm  a local investor and also have my license here in FL so let me know if I can assist.

  • Rental Property Investor · Boca Raton, FL · Member since 2019 · 20 posts · 5 votes
    7y

    Thanks Mitchell, I would love to speak to you more.  Message me your number and I’ll give you a call tomorrow during working hours.

  • Rental Property Investor · Fort Lauderdale, FL · Member since 2018 · 86 posts · 33 votes
    7y

    Where we are makes for some great opportunities. South Florida has a lot of things going for it. Favorable taxes and sunshine! 

  • Rental Property Investor · Boca Raton, FL · Member since 2019 · 20 posts · 5 votes
    7y

    Jon, let’s talk next week.  Can I give you a call on Monday?  If so, send me your number.

  • Rental Property Investor · Fort Lauderdale, FL · Member since 2018 · 86 posts · 33 votes
    7y

    Sure thing. Shoot me a DM!

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