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Updated almost 2 years ago on . Most recent reply

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8
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Starting Out & Here to learn

Jordan Rodriguez
Posted

Hi Everyone,

My name is Jordan, I'm new to Bigger Pockets and real estate investing in general. Originally from Colorado and relocated to South Florida about 6 years ago. I am looking to start my portfolio but face many of the same road blocks as first time investors.

I've wanted to get into real-estate investing for some time but never knew how and it seemed like something that only the top 1% can do. However, I'm ready to jump into the deep end this time and am primarily interested in a mentorship/partnership to help me through my first deal (and hopefully many more). A possible opportunity arose in that my wife recently got a new job closer to the Miami area and she has been commuting from our current location in the in the palm beach area. Traffic is horrendous and we are looking at getting an apartment closer to her new role. We bought our home in Palm beach back in late 2019 and was a new construction. I do not want to sell it but was thinking about making that our first rental.

Any advice, recommendations, or introductions are welcome.

Jordan 

Most Popular Reply

User Stats

55
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27
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Clay Asplundh
  • Realtor
  • West Palm Beach, FL
27
Votes |
55
Posts
Clay Asplundh
  • Realtor
  • West Palm Beach, FL
Replied

Hey Jordan! I live in West Palm Beach and my investment portfolio consists of both long term and short term rentals. Depending on your location, you might be able to make more monthly cash flow using the property as a short term rental. Regardless, I think holding onto the property and renting it could be a great idea. The palm beach area continues to have tremendous population and job growth, making it a great candidate for long term price appreciation. If you want to reach out, I am more than happy to recommend a property manager if you wouldn't be looking to self manage, or I can answer any questions you may have. Good luck!

  • Clay Asplundh
  • 215-460-1572

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