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Updated over 5 years ago on . Most recent reply

User Stats

9
Posts
1
Votes
Kumar Ranjan
  • Flipper/Rehabber
  • Edison, NJ
1
Votes |
9
Posts

Need guidance and contact in Lake city, Florida

Kumar Ranjan
  • Flipper/Rehabber
  • Edison, NJ
Posted

We have successfully invested and profitable in Kansas city, MO and looking to invest in Lake city, FL ? Is it a good area to invest in ? What's the growth factors which will drives prices up ( even if it is 1-2 % up per year ) ? How is the crime scene  and overall vibe in city ? Any guidance would help me ?

Most Popular Reply

User Stats

5
Posts
3
Votes
Justin Broaderick
  • Real Estate Agent
  • Gainesville, FL
3
Votes |
5
Posts
Justin Broaderick
  • Real Estate Agent
  • Gainesville, FL
Replied

Hey @Kumar Ranjan. Happy Wednesday!

As the others have advised, I would recommend a strategy that takes advantage of increasing density levels, driving appreciation and increased rental rates, and thereby ROI. While Lake City is certainly growing, as well as other surrounding areas such as Ocala, at a good rate, Gainesville is seeing such growth and development that it would possibly most behoove you in the area.

If you would like to discuss further - pm me - and we can set a time to talk about how we are winning for our investors in this economy/market. 

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