Looking for advice for rental income property in Fort Lauderdale

[Noah Yashinsky]

Hey folks, are there opportunities in Fort Lauderdale or Broward for cash flow? I haven’t been able to find much. If you are a solid investor focused agent, I’d be game to discuss

[David Ramirez]

Hey @Noah Yashinsky, 

South Florida is more of an appreciating market rather than a cash flow market for long-term rentals. We are seeing opportunities for positive cash flow with creative acquisitions, but if you are looking to purchase conventionally, it would be really tough to make it work with the average prices versus rents that we are seeing in South Florida.