JWB opinion or experience

[Mon Agg]

Hello Members,

Resident of Virginia. Looking to consider JWB to invest in Florida real estate market. More interested in newly built properties that will appreciate well if I need to sell in 5-6 years.  Anyone has any experience with them. Few posts I found mentioned that the numbers are not tempting. I heard one of their interviews in which the CEO said that the lower taxes make up for the less than 1% ratio.

Also been listening to real wealth network Florida podcasts. Any advice?

Thanks

Mon

[Herve Francois]

I've been a client of JWB Capital for two years.  And I couldn't be happier.  These guys are true professionals in everything they do and customer service is their #1 priority.  I respect the fact that they stay in their lane.  They are not property managers all over the country or even all over the Florida.  Jacksonville is where they have plant their flag and as such, they know all aspects of the Jacksonville market.  Can you make higher returns by rehabbing a beaten up single family house & then renting it all by yourself?  Absolutely.  And if that's your cup of tea - have at it - there's no right or wrong way.  But as an out of state investor - I have absolutely no interest in rehabbing and renting single family homes on my own.  The PM fee that I have to pay them every month makes me sleep very well at night and worth every penny b/c they take on the risk of taking care of EVERYTHING (sourcing, rehabbing, tenant bkgrd checks, marketing, renting, etc....).  For me - it's been a great win-win relationship.  Highly recommend