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Updated over 5 years ago on . Most recent reply

User Stats

8
Posts
6
Votes
Nicolas Pena
  • Raleigh
6
Votes |
8
Posts

Denver to Miami Advice

Nicolas Pena
  • Raleigh
Posted

So being new to Miami, I cant rent here its just crazy .So right off the bat my idea is to house hack. So the question for someone who knows the area, is it smart Buy somewhat of a turn key(single family) and try to rent out the rooms/ Airbnb. Or better to buy a little lower end property and reno a lot of it while still trying to rent it? Ive considered a duplex as well but its difficult to find a smart buy.My main concern is Area, I want to be in an area I can rent to good and reliable people,whle still charging a good amount for rent, so any point in the right direction with that would be a big help as well. I have the max FHA limit loan for the area.

open to any advice, Thank you.

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