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Updated over 2 years ago on . Most recent reply

User Stats

33
Posts
15
Votes
Luis De Jesus
  • Rental Property Investor
  • Ocala, FL
15
Votes |
33
Posts

1% deal in the Ocala/Marion County Florida market?

Luis De Jesus
  • Rental Property Investor
  • Ocala, FL
Posted

Has anyone been able to find 1% deals in the Ocala/Marion County market?  I am willing to put the work and try some strategies for at least a 6 month period to try and find as close of a 1% deal as I can.  I am currently working with two agents, however, what they keep bringing me is negative cash flow deals at market value.  

I'd like to hear from any investors in the Ocala/Marion County Florida area that put the time and effort and was able to find and land as close to a 1% deal as possible and share their experience.

I greatly appreciate your responses.

Most Popular Reply

User Stats

221
Posts
205
Votes
Nick Velez
  • Lender
205
Votes |
221
Posts
Nick Velez
  • Lender
Replied

@Luis De Jesus

Hey Luis, I am actually from Ocala, I lived there most of my life!

I have heard that some people are crushing the returns on STR's near the new world equestrian center. I think the 1% rule overall in Florida is extremely hard to come by.

  • Nick Velez
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