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Updated about 8 years ago on . Most recent reply

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24
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1
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Alex Malone
  • Investor
  • St. Petersburg, FL
1
Votes |
24
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FL Investor

Alex Malone
  • Investor
  • St. Petersburg, FL
Posted

Hi,

I own few investment properties in St. Petersburg, FL and now considering venturing into Miami. This site is awesome with it's wealth of resources!

Most Popular Reply

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304
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180
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Gavin Welch
  • Real Estate Broker
  • Lakeland, FL
180
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304
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Gavin Welch
  • Real Estate Broker
  • Lakeland, FL
Replied

Lakeland is a competitive market.  But its no South Florida, Tampa or Orlando.  

You can still find some deals but you must be ready to buy and know what you are looking for.  

No matter where you look you are going to pay more and be competing against other investors and have slimmer margins on the back side on the flips.  There are lots of great rental properties in this area that gives you a better return than you'd see in a metro area.

I'm with Manny.. I the Lakeland/Winter Haven/Bartow markets have not hit their ceilings yet.

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