Commercial Real Estate Investing
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 6 years ago,
Building Multifamily in Florida <6, is it worth the construction?
Hello Bigger Pockets!
I have listened to 43 episodes of Bigger Pockets and I would like to become more involved. I am a Navy service member, Active Duty, currently stationed in Maryland. I have two short termed vacation rentals 18 minutes outside Disney World Orlando FL. I have built a home in Maryland, and after listening to so many podcasts I am interested in investing in multi family homes less than 6 units.
My question to other investors out there with commercial +5 units multi home: Is it worth building a 5-6 unit building in a multi unit zoned area? and if so, what kind of hurdles should I account for in planning my strategy?
I have read and been inspired by Lance A. Edward's book: "How to make Big Money in Small Apartments", and would like feedback from other perspectives.
Thank you all in advance!
Sincerely,
Francisco Avila