Any experience here?

[Carlos C.]

hi everyone!

I have a question for the Miami people here :)

Everybody knows that the NW area is one of the cheapest, I'm talking north of Flagler, east of the airport. And Opa-Locka as well.

My question is, does the cheap prices make up for the area? 

Can a diligent screening process make these properties work? 

I know from a podcast, that some people love investing in this areas and was kinda thinking about it.

I also ask because I could almost buy this properties with cash, so not having a mortgage makes a big difference obviously.

Thanks everyone!

[Henry Marrero]

What would be the best miami market to start flipping with $140k cash? I am a contractor and my wife is a realtor.  I have access to mls and we hae analized the listings and comps.  just a bit concerned on how quickly i can get rid of a property in opa locka for example.