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Updated over 2 years ago on . Most recent reply

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Sangeeta Salvi
  • Investor
3
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4
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Investor Friendly Real Estate Agent

Sangeeta Salvi
  • Investor
Posted

Hello! Looking for recommendations on investor friendly agents in Jacksonville FL (zips: 32209, 32254, 32208, 32206). Specifically looking to BRRRR a property and looking to get a deal ASAP. Thank you!

Most Popular Reply

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8,153
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Basit Siddiqi
  • Accountant
  • New York, NY
3,696
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8,153
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Basit Siddiqi
  • Accountant
  • New York, NY
Replied

In my opinion, you may be better off BRRRing in other zipcodes

those 4 zip codes are deemed the 'rougher' parts of Jacksonville - Therefore, many contractors will not want to work there.
The top price in those zip codes are normally not extremely high, therefore, you will likely have to buy a rougher property, have a perfect rehab to make it work properly.

Also, I find it that a quality rehab in these zip codes do not command much more in rent than a livable property that hasn't been fully rehabed.

It can be done, but I wouldn't do it.

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Basit Siddiqi CPA
4.9 stars
80 Reviews

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