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Updated almost 8 years ago,
New South Florida Investor
Hey everyone I'm a new REI from South Florida and I'm curious to hear thoughts on the market right now from those of you who have been successfully rehabbing and flipping or using BRRRR to generate cash flow. Is there a lot of opportunity and potential in South Florida still or is it saturated with investors? I understand it's all about finding the right deal so I'm just speaking in general. I currently live in Palm Beach so I'm planning to focus my searches around Palm Beach County however I would be open to other areas if there are certain cities, pockets or neighborhoods in demand that are turning around solid margins and profits. I have some friends who are doing well in Orlando so I've considered there as well.
Also where are you guys primarily sourcing your deals from? MLS? Wholesalers? Driving for dollars? Mailers? Realtors?
Any input and help is greatly appreciated. Thanks!