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Updated 9 months ago on . Most recent reply

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Anthony Montano
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9
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New Florida Investor, looking for advice on best areas for long term rental holds.

Anthony Montano
Posted

Is there any areas in FL that seem like they could be great opportunities for long term holds? Does anyone have any experience with rental property ownership and could share their experience in areas that are great / terrible for long term investing? I am new to Florida and I am just doing some research for now and would appreciate any insight from more experienced investors. 

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Joseph Stern
  • Investor
  • Tampa, FL
152
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283
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Joseph Stern
  • Investor
  • Tampa, FL
Replied

Tampa, Orlando, Miami, Broward, Jacksonville and their surrounding areas are all booming right now and can be great long term hold plays that still will cash flow if you find the right deals. General rule of thumb, stay away from the bad parts of town because you will always have tenant turnover and issues. I recommend googling "(City name) comprehensive plan" every city has a city plan that shows where their major commercial projects are heading. You could aim to purchase near those areas that are already or set to boom even more with large commercial projects going on. 

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