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Updated over 2 years ago on . Most recent reply

Kristin Riker's profile image
Kristin Riker's profile image
Kristin Riker
  • Member since Jun 5, 2022
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Kristin Riker's profile image
Kristin Riker's profile image
Kristin Riker
  • Member since Jun 5, 2022
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Kristin Riker
15
Votes |
35
Posts
Starting Out

Florida rentals (out of state investor)

Kristin Riker
Posted

Hello!

I recently sold my house on Long Island and netted a nice profit (270K).  Im looking for an income generating rental but right now with house prices/interest rates especially here in NY its very tough.  I'm open to out of state investing more than likely FLORIDA.  Any suggestions for cities that can net me a $300-$500 a month cash flow?

Going to have to pay property manager since I am out of state.  Average cost 10%

Thanks in advance!

  • Kristin Riker
    • Long Island, New York
    2 Votes
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    Mohammed Rahman's profile image
    Mohammed Rahman's profile image
    Mohammed Rahman
    • Real Estate Broker
    • from New York, NY
    • Member since Jan 19, 2020
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    Mohammed Rahman's profile image
    Mohammed Rahman's profile image
    Mohammed Rahman
    • Real Estate Broker
    • from New York, NY
    • Member since Jan 19, 2020
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    Mohammed Rahman
    • Real Estate Broker
    • New York, NY
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    Mohammed Rahman
    • Real Estate Broker
    • New York, NY
    Replied

    Hey @Kristin Riker - your go to broker in Florida is @Khaled Morad - he's helped me purchase a couple of my investment properties and things went smoothly. 

    Good luck! 

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