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Updated over 5 years ago on . Most recent reply
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Buying rentals in Florida
Pretty general question, but what location in Florida would be best for investing from out of state? My areas of interest would be Tampa, Ft Meyers, and Orlando. I would be looking to get into SFRs or small multi familys that would "require me" to stop down there once or twice a year to check on them. Ultimately, it would be nice to have some property we could use to vacation in over winter. Any input would be appreciated.
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Hi Rob,
My wife and I are in the process of purchasing a property in Fort Myers, FL. There is a community that we are purchasing in that is very resort like and everything is 2007 and newer. I have a great property manager that charges a reasonable fee and there are a couple of other Dubuque natives that have purchased there. Primarily short term vacation rental 2-3 months at a time and enjoy it in between renters. Typically they get 3 month minimum rentals there. I would be happy to fill you in on what we're looking at for price/rent/contacts, etc. Shoot me a message and I'd be happy to fill you in more about what we're hoping to do there. It's too cold in Iowa! Take care!