Investing in Delray Beach - Where/How/Who
Hey BiggerPockets Community,
Episode 364 ( and many others) talks about the value of partnerships and building a good team. Not all investors have every tool in the shed, but the good ones identify which tools are missing and how to bring them to the shed.... so let's start a discussion.
What tools do I have? I have the capital and i'm not terrible at analyzing a deal. Ive been very focused on Delray Beach over the last year or so, but I fear we're at the peak of the market, seeing rehabbed two families for $700K... I just dont see how that works for long term rentals. Way too much money down for not enough cash flow.
So... perhaps the opporuntity lives in BRRR or flip? Wanted to throw the question out there to see what everyone thinks. The tools i'm missing here... i'm a full time W2 with NO TIME to flip a house - nor do I have the skill :-).
Im open to partnerships and welcome any discussion around opporuntires to BRRR or flip in Delray Beach.
What do you guys think?
-Matt