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Updated almost 17 years ago on . Most recent reply

Josh Ewin's profile image
Josh Ewin's profile image
Josh Ewin
  • Real Estate Investor
  • from Delray Beach, FL
  • Member since Mar 11, 2008
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Josh Ewin's profile image
Josh Ewin's profile image
Josh Ewin
  • Real Estate Investor
  • from Delray Beach, FL
  • Member since Mar 11, 2008
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Josh Ewin
  • Real Estate Investor
  • Delray Beach, FL
0
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8
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Starting Out

Foreclosures for a first REI deal?

Josh Ewin
  • Real Estate Investor
  • Delray Beach, FL
Posted

I'm in South Florida. We had a huge real estate market boom... and an equally huge crash. The deals have to be out there... but the problem I've run into is that the rents are very low in my area.

That being the case, is it a bad idea to look at foreclosures as a way to increase my margins, thus accommodating for the low rents?

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