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Updated 20 days ago on . Most recent reply
Getting Started in South Florida REI (Looking for Advice)
Hey everyone,
I’m a new investor looking to buy in Miami-Dade, Broward, or Palm Beach. My goal is to start with a value-add rental property or a BRRRR deal. I’m working with an agent and focusing on:
- SFR or 2–4 unit multifamily (no HOA)
- Up to $600K
- “Fixer upper”, “as-is”, or vacant properties
- No condos or HOA communities
- High rental demand or opportunity zones
I’m finding a lot of noise in the MLS and want to refine my search to get better leads. I’m also very interested in off-market deals but unsure where to begin sourcing them.
Questions:
- How can I hone in on better MLS filters without missing good stuff?
- What’s the best way to find off-market deals in SoFlo right now?
- Any key tips, areas to avoid, or strategies for beginners in this market?
Would love any advice from local investors or anyone who’s started recently. Open to connections, partnerships, or just real talk.
Thanks!
Gui
Most Popular Reply
Hi Gui!
Have you had a chance to attend any local meetups or REIA groups? They're a great way to connect with wholesalers and find more off-market deals.
I’m based in Orlando, and we’re definitely feeling the effects of the housing shortage - good deals are getting harder to come by. When working with wholesalers, be sure to share your buy box and always have a second set of eyes on any deal you're considering. It’s not uncommon for ARVs to be inflated to make a property look more attractive, so solid due diligence is key.
If you ever want a second opinion on a deal, I’d be more than happy to take a look and help however I can!
Let’s connect - I just sent you a DM!