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Updated almost 9 years ago on . Most recent reply

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16
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4
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Joseph Landis
  • Melbourne, FL
4
Votes |
16
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New Member from Florida

Joseph Landis
  • Melbourne, FL
Posted

Hello, I am an experienced Landlord but BiggerPockets newbie.  I have been a landlord for over 10 years and have also done some flips, about 15 deals in all, currently have 6 rentals but looking to add.  Experience has been all single family, but looking to branch out into multi family and condos.  Primarily interested in what other people are doing to compare with my own experience. 

Most Popular Reply

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145
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71
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Scott Schuetz
  • Real Estate Broker
  • Indialantic, FL
71
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145
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Scott Schuetz
  • Real Estate Broker
  • Indialantic, FL
Replied

@Joseph Landis Multifamily properties beachside are tough because the insurance is so expensive and the asking prices are high. I sold both my duplexes beachside in 2014. I really like beachside townhouses and condos, I have two that are rentals. I can steer you in the right direction on which communities are the best for rentals, feel free to reach out. The cashflow is not great but I'm in for the appreciation. I know someone that does very well with Viera condos, buying them for a good price is the tough part there.

Hope that helps.. Also, I'm just beginning to seek out funding or equity partners on my flips. Let me know if you have any interest in that space.

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