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Updated about 10 years ago on . Most recent reply

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1,846
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Jon Huber
  • Rental Property Investor
  • Boca Raton, FL
706
Votes |
1,846
Posts

It's official... I am bicoastal! I own properties on both coasts

Jon Huber
  • Rental Property Investor
  • Boca Raton, FL
Posted

Hello BP Nation!

   I just closed on my Florida property today. It was a long process, but it was well worth it. Purchase price was $105k, rent is $1,300, and the property cash flows $312 with conservative numbers. I couldn't be more happy... that was until I got my pre-approval to get another property while I am down here. Being that I am not a flashy person myself (I don't even wear a watch, and rarely a collared shirt)... there aren't too many people I can talk about my successes with for the fear of sounding like a braggart. I can do that here because there are way more people on BP doing way more than me... also there is a specific forum just for posts like this.

  Now that I am a property owner in California and Florida... I am officially "bicoastal". I should use the advice @AllanGlass and use the two states as "Bookends" and start investing in between (Podcast 98)... HA! I thank BP for my successes, and @Joshua Dorkin and @Brandon Turner. You guys inspire me to do more. I'll keep you posted on how the next one goes. Looking at multi's tomorrow!!!

  • Jon Huber
  • Most Popular Reply

    User Stats

    4,314
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    Jerry W.
    • Investor
    • Thermopolis, WY
    4,000
    Votes |
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    Posts
    Jerry W.
    • Investor
    • Thermopolis, WY
    ModeratorReplied

    Congratulations @Jon Huber.  I am glad to see you went with the coastal areas instead of the north and south poles.  The name of your post would have been quite different.

  • Jerry W.
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