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Updated about 5 years ago on . Most recent reply
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New Member Introduction, hey there!
Hello, I'm new to the BP forums and figured I'd introduce myself to get started here. My name is Connor and I'm currently starting my search into multi-family in the Jacksonville, FL area. I currently live in Pensacola, FL and am in flight training with the Navy.
I bought my first SFH in October and have been "house-hacking" ever since. With my savings, I'd really like to enter into my first seller-financed deal on a commercial multi-family property. I've been habitually absorbing information on real estate investing for almost a year now; I listen to Bigger Pockets, Active Duty Passive Income, Rod Khleif, audiobooks, and have read several books to gain some insight on how to make deals work.
After extensive research into population growth, unemployment rates, median home prices, crime rates, property and income taxes, average insurance rates, vacancy rates, and average rental income, I have narrowed down my search to the Jacksonville, FL area where I will seek out my first multi-family deal in 2020.
I'm excited to join these forums and become more active, there's always so much to learn from this great network of people.
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@Connor Koehler welcome and best of luck! My advice would be to network as much as possible. Those seller finance deals aren't usually going to be publicly listed or with a broker. You could also send out some mail, but I've found networking with everyone to be the best way to find multifamily deals in your target area.
- Anthony Angotti
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