All Forum Posts by: Mark Yaffe

Hi BP friends - Does anyone have a great recommendation for a respected and tested Rental property manager in Orlando? Any help or advice would be gratefully received! Thank you...Mark

1 Vote

Originally posted by @Ian McKeown:

Mark, there's plenty of SFR deals to wholesale, fix/flip or invest. The MF inventory is light in Orlando but you can great MF deals in other FL markets. You'll be very successful if you set your targets ahead of time (capital going in, hold period, leverage, demographic, equity multiple and/or IRR).

Thanks Ian - I truly appreciate the insight here. Having been looking at Orlando, I can see that MF may be a challenge - For several reasons PLUS I can get there so easy from Boston (Thank u JetBlue!!) I was drawn to that market - as well as seeing it was becoming quite frothy... Which alt mkts in FL do you like?

0 Votes

So - in a frothy market (multi-family/duplex/triplex rental opportunities) regardless of area - should you pay up to get a deal (over asking) or find something less popular? Thanks and sorry for the Newbie question!

0 Votes

Long term hold/rental income cashflow positive

Stephen - I was told by an orlando agent there was nothing on the market!! I would be interested to look - yes!

I also like the sound of a turnkey op.... Thank you

0 Votes

Live in Boston - too pricey...thinking Orlando or other areas of FL. I get to travel for a living so I'm always on the road and I need to start small and learn the ropes. Should I aim for a duplex as a first purchase?....Is it possible to finance more than 75% of purchase price?? Thank you!! :)

3 Votes

All Forum Posts by: Mark Yaffe

Mark Yaffe has started 3 posts and replied 5 times.

Post: Great Property Managers in the Orlando Area

Post: Yet another Newbie - I want to buy income!!

Post: Your opinion.... Pay up to close a deal?

Post: Yet another Newbie - I want to buy income!!

Post: Yet another Newbie - I want to buy income!!