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Updated almost 4 years ago,
New Investor Intro Stuart, Orlando, West Palm Beach Area!
Hi Everyone! My name is Joe and I currently live in Stuart, FL although I frequently visit the Orlando and West Palm Beach areas. Originally I am from the northeast (South Jersey) and found myself drawn to Florida to escape the cold. I am just starting my journey as an investor and would like to get into long term rentals. I have some exposure to vacation rentals as my family had owned and managed a few vacation rental condos in the Atlantic City area.
I am a Design Engineer working in the aerospace industry and would like to start building some passive income through long term rental cashflow. I am currently using 2021 to build some capital, educate myself and most importantly network and build my team! My goal is to purchase my first rental property within a year. Ideally I would like to purchase a duplex (or larger) property. I may be interested in a rehab property but ultimately would like a property that has the potential for added value. I plan to use the cashflow from this property to help fund additional properties in 2023 to really start building my portfolio.
I am looking forward to meeting and networking with people here on Bigger Pockets. I appreciate any information and tips anyone can offer to someone just starting out in these areas!