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Updated almost 3 years ago on . Most recent reply

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Austin Flugum
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Looking to invest in Florida

Austin Flugum
Posted

Hello all, I've been thinking about possibly investing in a property in Florida. I currently live in Iowa while going to school but plan to move down to Florida here in the next 4-5 years. I'm thinking about investing in a property in Florida and just Airbnb it for a few years. Then when I move to Florida, I got some income coming in from that property to help me pay for my own house there. Just curious if anybody has any experience with that. Also, does anybody know the best place to invest in Florida? Appreciate any tips, thanks!

  • Austin Flugum
  • Most Popular Reply

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    Tyler Gibson
    • Real Estate Agent
    • Orlando, FL
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    Tyler Gibson
    • Real Estate Agent
    • Orlando, FL
    Replied
    Quote from @John M.:

    How would the occupancy rate in Orlando compare to say…fort Myers beach or Marco island?


     I would say the State of Florida is seeing high occupancy rates across most metros. So many people are moving here and I hear countless stories from property managers of how many applications they get from really well qualified tenants within 48 hours. I don't think you can go wrong in Florida if you can find a property where the numbers work. Orlando can be challenging to get the numbers to work but there are areas within an hour's drive of Orlando where you can still find good investments.

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    GPG Team
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