New RE investor interested in multi-family properties

[Juan Mora]

Hi everyone, my name is Juan, I'm located in Miami, FL, and I'm looking to begin investing in multi-family homes in Florida. I have wanted to get into RE for some time now and finally decided to take it seriously. 

I would love to hear any recommendations of online resources and/or podcasts to understand the market better, as well as RE investing in general. I would also love to connect with other investors in the area and hopefully get to exchange some ideas.

[Matthew Kwan]

HI Juan,

I would recommend attending local meetups by connect local investors and understanding what is currently happening in the market. We done deals in FL, the 1% rule is definitely achievable assuming you're planning to do short/mid/long term rentals. However, the homeowner insurance coverage can bit steep at times due to the natural disasters down in FL. There are multiple ways to structure your deal and get your feet wet in real estate, as long as you know your numbers.

@Carlos Valencia @Albert Bui