Investing in Riviera Beach, FL

[Bobby Valcin]

I recently did some driving for dollars near my work area, and noticed that there seems to be a large amount of distressed properties. I know it isn't in the best area of town, but I know that people have had success investing in some rough areas. I want to start doing some direct mailing with the properties I've discovered, but I don't want to waste my time if nobody wants to invest there. 

What are some things I need to consider when looking to do wholesaling, or even bird dogging in the rougher parts of towns? 

[Michelle Murray]

Bobby, 

I'm a wholesaler in your market. 

Big fat "YES".... people are buying there when the numbers are right. 

From my experience investors generally like to buy properties there with at least a 15% ROI for cash flow or 60% of its true market value.

I recently sold a couple houses to cash buyers in Riviera Beach

I hope that helps!