Plantation, FL · Member since 2015 · 13 posts · 5 votes
Hey BP! Reaching out to all of you who invest in multifamily in south Florida. Without going above 4 units, where would you love to invest your money? Do you have a preference on any cities spanning from Miami to Palm Beach area?
@Egemen Toprak I haven't. It's tough out there on the MLS. Maybe a foreclosure fix and flip, but I don't know enough about the foreclosure process at the moment to know.
Residential Real Estate Broker · Miami, FL · Member since 2014 · 214 posts · 106 votes
7y
I regularly send out e-mails with MLS & Loopnet properties to my investors that are always 7%-9%, from Treasure coast to Miami. Properties are out there ,just have to sift through all of the crappy ones, do your research, know the rental markets, evaluate what it needs, etc.
very time consuming process so most people give up or wait 1-2 years before they ever buy something.
Pembroke Pines, FL · Member since 2018 · 30 posts · 7 votes
7y
Actually where you are at (Plantation) is a pretty good place. Everything 2 miles east or west of FL Turnpike and from just north of 595 down to the Dade county line has some promise for 2-8 units. It's South Florida so you probably know things can change pretty quick from street to street.
Architect · Fort Lauderdale, FL · Member since 2017 · 37 posts · 16 votes
7y
@Marc Middleton As others said before, may I be added as well? Looking for my first investment property and so far the 2 I had under contract fell through due to underlying building conditions. Pre-approved and ready to go.
@Marc Middleton As others said before, may I be added as well? Looking for my first investment property and so far the 2 I had under contract fell through due to underlying building conditions. Pre-approved and ready to go.
Thanks!
Sure, message me your e-mail address and I'll add you as well.