What's the best city in Florida to invest in?

[Account Closed]

Hey guys, I'm kinda newbie here and want to start to invest in Florida, can you give me some recommendations on best cities to invest? Best zip codes? I'm looking for 50-60k for hold & buy. Thank you!

[Gino Barbaro]

@Guy Nizri @Jake Stenziano

Hi Guy,

I am a New Yorker Moving to Florida for the sam exact reason as you, to invest in real estate.  New York is too expensive and cap rates do not make sense where I live.  I am going to move to Jacksonville, Fl because the market has a fair amount of large multifamily assets, properties in the 100 to 500 unit range.  I would say to research a city for what type of asset you are  targeting and then look at demographics, i.e. job growth, population growth, size and number of households.  Make sure there is at least 2% job growth for 2 consecutive years where you are investing.  Jobs=tenants.

Good Luck