Polk County, Florida - New Construction Small Multi-Family

[Emmanuel Sanchez]

Hello,

I am in the midst of analyzing markets for my next investment property in Florida. I currently own a long term rental (SFH) in Cape Coral and reside in the suburbs of Miami. I have been reading quite a bit about the growth that Polk county has experienced, particularly in the aftermath of the pandemic. I am just getting started on analyzing the data, however I am keen on investing in this area... specifically in small multi-family (no more than 4 units). I was curious to know if there are any homebuilders that are building new construction small multi-family in the area? I see that there is a lot of new construction SFHs coming online or soon. I would also like to hear of any investor's experiences with multi-family in this region, along with any realtor recommendations that you may have. Many thanks for the insight!

[James N Sheils]

I am a Partner at Southern Impression Homes, our focus is build to rent.
We provide new construction rentals and PM (single family, duplexes and Quads) for investors. We focus in 12 markets in Florida, including SW FL
We are a long time property provider for some of the bigger podcasters: Real Estate Guys Radio, Marco Santorelli (Norada), Kathy Fetke (RWN) Jason Hartman ( Empowerd Investor) GRE (Keith Weinhold), Whitecoat Investor Group, Jake & Gino and more
We also work with American Homes for Rent, Invitation Homes, Crescent, Haven Realty (JP Morgan) to name a few on the institutional buying side. 
We are partially owned as of 2022 by Sumitomom Forestry, which means we have no bank debt and self fund all our building projects. This is very  important as we have seen at least 5 BTR builders go sideways  and leave hundreds of investors in trouble. (we created a construction rescue program as a result of this) We  provide excellent incentives for our investors,including locking in long term debt at 3.75 % through our in-house financing program. 2 years free property management as well. A client can also close on a new property in less than 45 days so no long closing or pre construction risk. 1031 exchanges are easy to fulfill with our model. 
We are currently building out 5,000 lots in Florida that we personally own.

IF you would like a free copy of our best selling book "Passive Income Playbook: How To Leverage Build To Rent Real Estate To Buy Back Your Time And Have A Legendary Family Life" just let us know