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Updated over 1 year ago on . Most recent reply

User Stats

5
Posts
6
Votes
Michelle Loretta
  • Miami
6
Votes |
5
Posts

Miami-based NEW to REI; looking for STR or LTR investment in Southeast USA

Michelle Loretta
  • Miami
Posted
  • 🌎 Hello! I'm Michelle and I have lived in Miami since 2009, and am originally from Los Angeles. I work as a Fractional CFO in the events industry. (My clients are rental companies, caterers, event venues, and production/planning firms.)
  • 💫 I am looking to purchase my first investment property in Alabama, Georgia, Mississippi, or the Carolinas by Q12024 to STR or LTR. (I'm also very intrigued by investing in Mexico - Mexico City, Oaxaca, Riviera Maya. Culturally speaking, it feels more familiar than the South to me. But the legal and financial pieces seem more complicated.)
  • 🏠 I have been interested for a long time in REI - but it always felt out of reach to make that big initial investment (the down payment, etc.) I recently attended a FANTASTIC bootcamp on STRs by Julie & Alex Hill and I feel empowered and ready!

Most Popular Reply

User Stats

610
Posts
514
Votes
Greg Parker
  • Realtor, Contractor, Property Manager
  • Montgomery AL and Dauphin Island, AL
514
Votes |
610
Posts
Greg Parker
  • Realtor, Contractor, Property Manager
  • Montgomery AL and Dauphin Island, AL
Replied

In a number crunch of 300 cities using 10 metrics ranging from home prices to tax rates to vacancy levels, WalletHub determined that Montgomery, Alabama, was the nation’s most affordable city for homebuyers. Rounding out the top 10 of affordable homeownership cities were Flint, Michigan; Toledo, Ohio; Detroit; Akron, Ohio; Warren, Michigan; Pittsburgh; Yuma, Arizona; Springfield, Illinois; and Palm Bay, Florida.

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MGM Property Pros LLC

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