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Updated about 1 year ago on . Most recent reply

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Short / Mid-Term Rental Investor In Broward And PB County

Posted

Hello Guys n Gals,

JohnCat Here. I have been in the short/mid-term rental market for ~ 17 years. I have a few properties and am looking at scaling up. I am looking for a more properties in PB and Broward County for Arbitrage / Co-hosting Listings, and fully furnished properties near the ocean and hospital areas.

I have been steering my business more into the Mid-term rental market. I have been doing pretty well in this area. 

Has anyone in this area found their midterm rental business doing well also? I have heard that the short-term rentals have slowed quite a bit? Anyone having the same issues?

JohnCat

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Joseph Chiofalo
  • Banker
  • Melville, NY
64
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289
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Joseph Chiofalo
  • Banker
  • Melville, NY
Replied

Hi Anthony, thanks for the intro. 

JohnCat, hope all is well.  Like Anthony mentioned, Ive been servicing the south Florida market for the past 20 years in real estate and mortgage banking.  My primary business is mortgage lending, but specialize in investment and vacation properties.  

The majority of the buyers I work with today are investors.  Debt service loans for investment properties are becoming more attractive and performing better now with interest rates coming down. 

Here are examples of two properties that could meet your criteria. 

1. 3405 Barton Rd, Pompano Beach, FL 33062

2. 505 N Ocean Blvd, Pompano Beach, FL 33062

Feel free to call me direct with any questions at 954.480.7478

Have a great day!

Joseph Chiofalo

business profile image
Nationwide Mortgage Bankers, Inc
4.9 stars
1188 Reviews

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