All Forum Posts by: Jack Bobeck

Growth in the city is amazing, they are building and adding more apartments all over town. There are not enough housing units for the people moving here. The quantity of homes on the market is very low, coupled with new businesses coming here, and permits are up as well. Nassau County is now the fastest growing county, just north of Duval/Jacksonville, in the state. Amazon has (4) distribution centers here, the Port is spending 424 million on dredging to 50 feet, the logistics business is crazy nuts here in Jax. 

I know a couple of the Realtors on the team at Suncoast Property Management, Acquisitions & New Construction Manager, Gretchen Kornutik, REALTOR® - Good person.

As long as the banks are willing to put capital to work in Jacksonville, its a great spot for investing. I am buying and I am selling properties in the area. 

I have used Secured Investment Lending to fund repairs on properties I flipped in Murray Hill. They are located in Sanford, FL. 

@Luke McCann Its a good group of people, they do have some great resources and fellow investors there. You can attend a couple of  meetings at no charge. I have been a member and if you drop out a year, you have a lower fee to rejoin. Its a great networking option for you, but these days all the knowledge you need is online or here on BP. Best of luck 

@Carolyn Morales When did COJ tell you this? I was told by Code Enforcement that nuisance liens were not able to be deducted or removed without payment. Thanks - Jack 

@Gabriel P. Even the most affluent areas of Jacksonville have crime, the entire city is not immune to it. I would not let that scare you out of investing in 32211. Here are the most recent real estate statistics for the NE FL MLS, you can view the 32211 area in the Arlington/Ft Caroline page.  Its a great area if you can find a deal. 

@Rachel Steenland 32211 is a hot area, lots of Buy, Fix and Flip going on in these homes. When Downtown comes back this will be an even hotter area as its just over the bridge into downtown and the proposed Entertainment District. My wife has sold quite a few homes in 32211, I feel safe in it and its got lots of nice amenities around it too. 

@Gabriel P. I'd recommend Traditions Realty, they help me find tenants, can assist in values around Jacksonville and they can also help with Property Management. I would recommend Sacha (Sasha) there at Traditions, located on Riverside Ave. 

@PeTika T. You will have a hard time finding a bank that offers a 50k financing. But if you added a 2nd home to the mix, you would be able to find financing, the 100k threshold is a good one. See if you can find the 100k deal, there are a lot of great options at that level. Get your cash off to the side in your LLC so you can show them you have the cash for a period of time.

I would recommend you call Doug Goins at Direct Money Lenders to start off with and see if they can help you. Great people and easy to work with in the process, i will have to send you a PM with his contact info. 

Best of luck to you!