Is it still a good time to invest in South Florida?

Is it still a good time to invest in South Florida?

Rental Property Investor 路 Boca Raton, FL 路 Member since 2019 路 38 posts 路 15 votes

Is it still a good time to invest in South Florida? Prices as extremely high and it is seller market. Are you aware of any location that you would consider at this time? Share your thoughts...

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Real Estate Investor 路 Palm Beach County, FL 路 Member since 2017 路 3k+ posts 路 2k+ votes
6y

Finding a deal around here is like finding a needle in a haystack unless you go into D-class neighborhoods.

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  • Real Estate Investor 路 Palm Beach County, FL 路 Member since 2017 路 3k+ posts 路 2k+ votes
    6y

    Finding a deal around here is like finding a needle in a haystack unless you go into D-class neighborhoods.

  • Investor 路 San Diego, CA 路 Member since 2019 路 326 posts 路 266 votes
    6y

    I still invest and I think it always makes sense to invest if the market is good and the numbers make sense. Remember that it is always a negotiation. Asking price is what it is, an asking price. The asking does not have to be set in stone and you can make your offer and provide your reasoning. If they do not like your offer you can always kindly acknowledge and ask them to keep you in mind. The best way to follow through is to reach back every week to see if they are interested to negotiate again.

  • Rental Property Investor 路 Boca Raton, FL 路 Member since 2019 路 38 posts 路 15 votes
    6y

    Looks like not much is going on in South Florida based on the replies :)

  • Rental Property Investor 路 Boca Raton, FL 路 Member since 2019 路 38 posts 路 15 votes
    6y

    @Brian Garrett I agree completely. Will keep

    Looking for that deal....

  • Rental Property Investor 路 Boca Raton, FL 路 Member since 2019 路 38 posts 路 15 votes
    6y

    @Erickson Sainval I agree but now in South Florida, the prices are so high and no inventory and therefore not much to negotiate unfortunately

  • Share RossBusiness Member
    Real Estate Agent 路 Boynton Beach, FL 路 Member since 2017 路 250 posts 路 135 votes
    6y

    @Eddy what strategy? Are you ready to go? What are your goals ? I help investors buy and sell in SE Florida and there鈥檚 deals happening where the numbers work but man you gotta be fast and be ready.

    Of course it does depend on what sort of deal you鈥檙e after.

    Good luck!

  • Rental Property Investor 路 Boca Raton, FL 路 Member since 2019 路 38 posts 路 15 votes
    6y

    @Share Ross would love to hear more.. if you prefer to email me, please, do so. I am more than ready.

  • Share RossBusiness Member
    Real Estate Agent 路 Boynton Beach, FL 路 Member since 2017 路 250 posts 路 135 votes
    6y

    @Eddy Wehbe sure thing! Send over your email. 馃尨

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