Florida's Vacancy Rates
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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Lender
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- http://www.investorpropertyloan.com
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