South Florida real estate market overheated or not

[Reinaldo Lopez]

HI I am new to BP PRO, I have lived in Broward county for over 20 Yrs, I have owned couple properties some rental until some Family issues few years ago. Right now I only have 1 Single Family in Plantation with a Very good long term tenant, I do the management because it is only one and doing a lot of updates to it, Just signed up with RentRedi. I have been looking at the MLS (wife is a Part Time Realtor for now) I is hard to find a descent deal and when there is one you have like 20 investors jumping on it lifting up the price if not the Realtor hold on the offers trying to scam the system. I am going to start doing the driving for deals, I never did it so it will be kind of new for me do if some one have some good ideas I am listening.

Also I was wandering if it will be a good idea to refinance my property that is almost paid off to have some cash available for investing?

 I was wondering what is the sentiment towards the real estate market right now?  too hot or just looking in the wrong place. I think it have been flap since last year.

SF properties seem to high to make a good buy and hold deal, I think.

Multy family are a little high as well unless you move into the not so good neighborhoods.