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Updated over 6 years ago on . Most recent reply

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Austin Eddy
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3
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Central Florida investing

Austin Eddy
Posted

Good evening everyone,

I am from the central Florida area.

I am new to real estate investing. I have flipped one house successfully. My plan to jump into the rental game is(which is where I would like to be) to buy a home with a conventional loan or similar, live in it for at least a year, and then rent it out. I would like to continue to buy homes as quickly as possible and rent them out. I am here to learn and figure out what I am doing wrong. Any advice is greatly appreciated. I have tried to find deals and I know I am not doing it right(finding the wrong properties).

Looking forward to it!

Thanks

Austin

Most Popular Reply

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353
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Matt Leber
  • Rental Property Investor
  • Orlando, FL
269
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353
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Matt Leber
  • Rental Property Investor
  • Orlando, FL
Replied

@Austin Eddy welcome! Can you be more specific in what you are seeing in the properties you are analyzing? It might just be that some parts of central Florida are becoming more difficult to find cash flow properties right now. Which is true! What areas are you looking in? We typically use the 1% rule to narrow down our list and then select a subset from there that we think will be the best properties to do full cash flow analysis on. From there, you choose the best cash flow performer or a combination of best area/performance from the list.

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