Specialist · Fort Lauderdale · Member since 2025 · 17 posts · 7 votes
Been helping a few investors run numbers on smaller duplexes and triplexes lately around Hollywood/Miami and Dania in SoFlo.
Seeing a lot of stuff priced high with weak rent comps, but there are a few rehab deals that are sitting.
I’m trying to figure out if it makes more sense to lean into light rehab stuff for better upside or just grab something stabilized at a fair price.
Curious how aggressive you guys are getting with light rehabs vs turnkey plays right now.
We have properties in Florida a couple hours north of you, and my agent has been telling me that other investors have been offering around 40% below MLS asking prices — and they’re actually getting responses and even some accepted offers.
If you can communicate directly with the listing agents and have solid cash buyers lined up, definitely give it a try!
With how things are sitting right now, it seems like there’s more room to get aggressive, especially on those light rehab deals where sellers are a little more motivated.