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Updated over 6 years ago on . Most recent reply

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4
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2
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Ron Jon
2
Votes |
4
Posts

Soooo much out of State and Country investors

Ron Jon
Posted

Why is there so much out of State investors buying properties here.. Is there any other areas to invest in?  Locals are getting rammed because these companies and investors are bidding these properties up to a 30-40k  spread. The only assumption is so they can add to their rental portfolio because the spread is too thin to make money from a flip.  No flipper is going to make money with only a 30-40k spread to work with... Its just frustrating.   Im trying to understand who is telling the world to put their money in Jacksonville.  Also who do you guys use to look at the property before you buy since you guys are not located in Jacksonville... 

Most Popular Reply

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1,522
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812
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Hadar Orkibi
  • Rental Property Investor
  • USA / NZ
812
Votes |
1,522
Posts
Hadar Orkibi
  • Rental Property Investor
  • USA / NZ
Replied

The Horse had bolted in Jax @Ron Jon ! why?? Because the market has good growth fundamentals. 

Population and Job Growth are the main Key.

  • Hadar Orkibi
  • Loading replies...