West Palm Beach FL | New investor

[Jeff Mack]

I'm an active investor, however, new to this asset class. Over the last 20yrs my focus was strictly equities {stocks}, REITs etc. Considering cheap {starter} neighborhoods like century village, golden lakes or other age restricted communities. I'm younger than the community requirements, but would assume I can purchase for investment, just cannot occupy the dwelling. Would also prefer to buy in an LLC, but my understanding is some communities restrict ownership to natural name only. {No LLCs}

any advise is appreciated.

[Share Ross]

Hey @Jeff Mack welcome to BP! Sounds like you're a very active investor in other areas so this will be fun for you! There are some over 55's that allow underage owners to flip a property. King's Point (Delray Beach) will allow it. However, Century Village is pretty tricky in my experience. It varies from community to community. There is certainly opportunity there provided you have a crew ready to go and cash ready to invest in to the project. 

Best of luck! Let me know if I can help more!