Miami, Florida Apartment Building

[James Syed]

Hi BP,

I would like to inquire the following about apartment building investing in Miami, FL;

1. Average Two Bedroom Rent (Apartment Buildings Only)

2. Average Price Per Unit

3. Stable Blue Color Neighborhoods

Any response would be appreciated.

[Chris Kennedy]

@James Syed you should look at Broward county - there are much better deals to be had, cap rates that make sense, and properties that actually cash flow. Still competitive, but deals are there.