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Updated over 4 years ago on . Most recent reply

User Stats

91
Posts
18
Votes
Kevin Reid
  • Lakeland, FL
18
Votes |
91
Posts

Best ROI in Florida?

Kevin Reid
  • Lakeland, FL
Posted

I thought I had seen a few good deals near me in West central Florida until I spoke to a friend recently. 

He told me he is picking up small 2/1 and 3/1 homes in Ohio for 60-80k in rent ready condition, and getting $900-1000/month. These are in decent areas not far from the lake. Well that sounds better then buying a 200k home here and getting $1600/month.

So are there any areas in Florida left like this? Not far from the water in halfway decent areas?

Most Popular Reply

User Stats

152
Posts
90
Votes
Erica Larence-Penna
  • Attorney
  • Rhode Island
90
Votes |
152
Posts
Erica Larence-Penna
  • Attorney
  • Rhode Island
Replied

@Kevin Reid I think I may need to refocus on the Ohio area!  We've been looking for multi-families and SHF in FL for some time now and it's hard to find anything that will work.  I'm curious as well if anyone has had any luck finding deals in this price range that are in decent areas.

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