Central Florida BRRRR Investing

[Mark Pemberton]

I'm in the process of selling a rental property I've owned in Maine for the last 10 years. The problem I have now is I'm not sure where I want to invest the proceeds from that sale. Through my research I've found that there are some good markets in Florida. Specifically Orlando, Tampa, and Jacksonville. I was hoping to connect with people from there area, specifically Real Estate Agents and Property Management companies that could give me some insight into those areas and hopefully we can work together in the future on some deals. I'm looking forward to getting to know the area better.

Thanks,

Mark

[Kristin Kiddy]

I agree with @Peter C. of course.  I have rental properties personally and the biggest prevention against a problem rental is to vet, vet, vet your renters.  As for problem neighborhoods, if you have ever compared the crime maps in Daytona to Jacksonville (and I have), Jacksonville makes Daytona look like a cakewalk.  Yes there are areas that are not as "pretty" but they often have a good rental market and good returns.  My broker has a full property management company and our properties rarely sit vacant for very long... the market is very good.