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Alex Bekeza
Lender
  • Lender
  • Los Angeles, CA
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Florida's Vacancy Rates

Alex Bekeza
Lender
  • Lender
  • Los Angeles, CA
Posted May 17 2019, 08:06

Hello All,

My partner and I have been starting to analyze some potential BRRRR deals in Florida but I'm having a hard time getting over the fact that most of its major cities are literally in a league of their own in terms of vacancy rates.

https://www.lendingtree.com/home/mortgage/highest-vacancy-rates/

Do any active Florida BRRRR or Flip investors have any practical, market specific advice for securing long term tenants/homebuyers?  (1-4 units)

Short Term Rental Investors feel free to weigh in too....... 

We'll be buying all cash and refi out @ 6 mos

Please keep generalized theory about attracting tenants/buyers out of this thread as I'd like to try and keep this thread hyper specific and useful for investors in Miami, Orlando, Jacksonville, and Tampa. 

I've brokered a few loans in the state but they were either 5 + multifamily or beach front rentals that don't really represent what I'm looking for. 

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