Starting Out
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated 3 months ago, 09/05/2024
New investors in Jacksonville area
Hello all
My name is Steve and I’m a foreign investor looking to invest in Jacksonville, FL.
Me and my partner started our business January this year and it is our goal to make our first flip by the end of this year.
We set up our infrastructure and are very organize and thorough, and through the year we made some significant progress and went on a learning phase to get better each day and closer to our first deal.
As foreign investors we have to rely on hard money which gives a less edge, and face uncertainty with contractors not knowing real pricing and such.
We are constantly on the look out for new investment opportunities.
The problems we are facing right now is not knowing good contractors and the high competition on the MLS.
We just started learning more about off market properties and sending direct mail.
We would like to hear from your experience what should our next step be as newbie investors, and if there are some foreign investors here with tips.
Thank you so much guys, best of luck to all!