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Updated about 4 hours ago,

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Edreco Amos
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Looking to get my first long term rental property | How is Miami's market?

Edreco Amos
Posted

Hello BP community,

I am fairly new to real estate. I have a townhouse in Tampa that I'm looking to move out of to rent. I plan to move down to Miami to be closer to more investors and a better quality of living. I am looking to get into real estate under an LLC. I would love to get a condo down in Miami to have a as a forever rental, but it's just so hard for me to pull the trigger. Some days I feel confident and then other days I'm worried about a ton of things like (what if I get ripped off). Does anyone know if buying a condo in Miami is a good idea? I'm not looking to resale. I'm only looking to cashflow.

I would appreciate any advice or help.

Thanks,