Columbus, OH · Member since 2019 · 4 posts · 3 votes
Hey guys! My name is Matthew Estes. I am currently exploring purchasing a vacation rental as a second home in Southern Florida, both as a vacation home as well as a short-term rental investment. I have experience investing within traditional long-term buy and hold, but this will be my first venture both with out-of-state and STR.
I wanted to see if anyone in this group had any realtors that they have had positive experiences with in the past that they would recommend?
Some specific markets I am looking at are:
Marathon, FL
Apollo Beach, FL
Tampa, FL
Ft. Lauderdale, FL
Past experience working with investors would be ideal, and any short-term rental experience would be even better! Thanks for the help in advance!
Real Estate Agent · Miramar Beach, FL · Member since 2016 · 285 posts · 245 votes
4y
@Account Closed may be able to help you out. He is an agent and investor himself in South Florida and has a much better pulse on that area and the STR rules in most of those cities you mentioned.
I have two STRs myself in the FL Panhandle area and could share my general experience as an STR owner (and manager since I manage myself from long-distance) if you're interested. There are many tools and systems that can help you automate your property and save you time/money. Willing to help if needed!
Real Estate Agent · Miramar Beach, FL · Member since 2016 · 285 posts · 245 votes
4y
@Account Closed may be able to help you out. He is an agent and investor himself in South Florida and has a much better pulse on that area and the STR rules in most of those cities you mentioned.
I have two STRs myself in the FL Panhandle area and could share my general experience as an STR owner (and manager since I manage myself from long-distance) if you're interested. There are many tools and systems that can help you automate your property and save you time/money. Willing to help if needed!
Tampa, FL · Member since 2021 · 383 posts · 389 votes
4y
@Account Closed
Apollo Beach doesn’t technically have a beach. A nice beach is about 30 mins away from it. Apollo Beach is in the county and is far from everything that is Tampa. Your average occupancy and ADR will be much lower than in Tampa.
Investor · Fort Lauderdale, FL · Member since 2020 · 1k+ posts · 755 votes
4y
Quote from @Account Closed:
Hey guys! My name is Matthew Estes. I am currently exploring purchasing a vacation rental as a second home in Southern Florida, both as a vacation home as well as a short-term rental investment. I have experience investing within traditional long-term buy and hold, but this will be my first venture both with out-of-state and STR.
I wanted to see if anyone in this group had any realtors that they have had positive experiences with in the past that they would recommend?
Some specific markets I am looking at are:
Marathon, FL
Apollo Beach, FL
Tampa, FL
Ft. Lauderdale, FL
Past experience working with investors would be ideal, and any short-term rental experience would be even better! Thanks for the help in advance!
Matt
Hi Matthew. Welcome to BP. I am an investor (for just under 7 years now) and a Realtor in Fort Lauderdale. I have 4 investment properties in the Fort Lauderdale area and one in Palm Beach. I manage everything myself so I could definitely help in the south FL market so I recommend myself but I am a bit biased haha. If you have some time tomorrow, we could get on a call and we can talk more specifics about the market down here (it's on fire).
@Account Closed Welcome to BiggerPockets! I am an agent/investor in the Panhandle of FL, but @Aby Abraham may be able to help you out. He is an agent and investor himself in South Florida and has a much better pulse on that area and the STR rules in most of those cities you mentioned.
I have two STRs myself in the FL Panhandle area and could share my general experience as an STR owner (and manager since I manage myself from long-distance) if you're interested. There are many tools and systems that can help you automate your property and save you time/money. Willing to help if needed!
Hi Matthew, Welcome! As Marshall mentioned, I'm active in the South Florida market, especially Palm Beach county and Fort Lauderdale. I'm currently working on a few deals for myself and some others. Would love to connect and get a better idea of what you're looking for.
@Account Closed Welcome to BiggerPockets! I am an agent/investor in the Panhandle of FL, but @Aby Abraham may be able to help you out. He is an agent and investor himself in South Florida and has a much better pulse on that area and the STR rules in most of those cities you mentioned.
I have two STRs myself in the FL Panhandle area and could share my general experience as an STR owner (and manager since I manage myself from long-distance) if you're interested. There are many tools and systems that can help you automate your property and save you time/money. Willing to help if needed!
Hi Marshall I would like to hear about your experience in the STR in Florida I sent you also DM
I have homes in Marathon. We love it but got in at 25-30% of current market values. Rents are strong and the government protects vacation rentals, but the numbers will be tight. Feel free to post or message me with any questions. I am very familiar with all areas of Marathon.
Investor · Fort Lauderdale, FL · Member since 2019 · 124 posts · 68 votes
4y
Hey @Account Closed, welcome to the forums!
I transitioned from high stakes poker to the STR space ~16 months ago and now own 3 STR here in Fort Lauderdale. I am getting married in a few months so plan to hold off for the next 90 days, but the goal is to buy another 2-3 here by year's end and then buy a lot out of state myself. I have all the data on every slice of Florida broken down that could potentially work, but am close to the vest with that information. I know it goes without saying, but without all the math we are just throwing darts aimlessly. With that said, my fiancee, @Isabela Faria-Newell and myself both have our licenses here. She is a lot better versed at putting together the deals as well as keeping everything in check, whereas I mainly just do the negotiating on my own deals and don't practice much otherwise.
I am also happy to help in other ways if you have any questions. Please feel free to reach out to her or myself, we would love to help, cheers!
Real Estate Agent · Ft. Lauderdale & Miami, FL · Member since 2015 · 46 posts · 63 votes
4y
Hi Matthew. That's great you're looking into investing in South Florida! As Reese mentioned before, we both invest in STRs here in Ft Lauderdale and I would love to help you find that property for you! Check out my STRs on my profile.
Let me know when is a good time for us to connect.
I transitioned from high stakes poker to the STR space ~16 months ago and now own 3 STR here in Fort Lauderdale. I am getting married in a few months so plan to hold off for the next 90 days, but the goal is to buy another 2-3 here by year's end and then buy a lot out of state myself. I have all the data on every slice of Florida broken down that could potentially work, but am close to the vest with that information. I know it goes without saying, but without all the math we are just throwing darts aimlessly. With that said, my fiancee, @Isabela Faria-Newell and myself both have our licenses here. She is a lot better versed at putting together the deals as well as keeping everything in check, whereas I mainly just do the negotiating on my own deals and don't practice much otherwise.
I am also happy to help in other ways if you have any questions. Please feel free to reach out to her or myself, we would love to help, cheers!
-Reese
Reese - shooting you a DM right now. Thanks for reaching out!