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Updated over 4 years ago on . Most recent reply
Miami Beach Investing
Hey y’all. I have been following BP for a long time now and I am in the process of buying a duplex in Norman, Oklahoma next to OU(unrelated to subject). I have a bit of interest in looking for some rental property on Miami Beach. I did some looking through the forms and a lot of the info seems outdated so now I am here with the hope of finding out some more current information. How is the area? How are the people? What advice can you guys give to someone who is interested in that area and knows nothing about Florida?
Patrick
Most Popular Reply
Miami Beach is a hot market but not always friendly with regulations for vacation rentals. If you do decide to go to that area, you may want to make sure the STR can be converted into a long term rental if rules and regulations change for STRs. I have a great vacation rental analyzer tool I like to use when considering short term rentals in new areas. Message me if you'd like me to share it!