Difficulty finding a property to BRRRR/ South Florida

[Marc Rodriguez]

Hello all,

Been reading up a lot on BRRRRing for the last 6-12 months and trying to get my feet wet with my first investment. Living in South Florida, the market is very high and I was looking for a property I could be all in for under 200K due to my financial restrictions. I haven't seen anything remotely close to that as SoFla is so high. A few questions for you: 

1) What source have you had your best luck finding properties? (Invrstment realtor, partnering with wholesalers, redfin/realtor/apps, etc.)

2) Advise/suggestions on where to look for a SoFla rookie... West coast FL? Out of state?

Thank you!

[Anthony Caruso]

Sweet. South FL is competitive and getting pricey you are correct!! lots of marketing competition too(heavy postcard market), so its important you are targeting motivated and distressed properties, AND personalizing your approach. Look off market and start contacting owners. You can find deals on the MLS, but then you're going up against everyone else. Look off market, and the competition decreases drastically.