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Updated over 1 year ago on . Most recent reply

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5
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3
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Ben Lawless
3
Votes |
5
Posts

New to Jacksonville Market

Ben Lawless
Posted

Hello!

I've been working to get into the rental market in Jacksonville Florida with the eventual purchase of duplex and I have a few questions below that I think the BP community might be able to help out with.

1.) Who are your preferred property management specialists? I'll be investing from out of state for the foreseeable future and need a good team to help with management

2.) Who is your preferred investment property lender? This is my first time going through the loan process and I'd like to work with a group who is familiar with investment properties

3.) Where are your no-go areas for investing in Jacksonville? I've been to Jacksonville a fair amount and understand there are some rougher areas, are these worth investing in or should I steer clear? I'll be out of state so perpetual headaches are something I'd like to avoid.


I appreciate you taking the time to read this post, feel free to respond with any other wisdom you may have about the Jacksonville market.

Most Popular Reply

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108
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83
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Mindy Nicol
  • Realtor
  • St Augustine, FL
83
Votes |
108
Posts
Mindy Nicol
  • Realtor
  • St Augustine, FL
Replied

Hi Ben, Jax is a great market. I have wonderful lenders that understand DSCR loans, and other investor loans that can help you here. Now is a great time to buy to avoid the frenzy we predict should rates go down.

I can also refer you to experienced agents that understand rentals. (I handle St Augustine area but work with many agents who are experts in the area). Let me know if I can refer you.  I'd encourage a trip out here to see the neighborhoods and see what is being underserved. If you want to do medium term furnished then I would be looking at properties near Mayo Clinic and other hospitals.  Happy to pull listings any time then refer to you an agent for showings. Best, Mindy

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