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Updated almost 4 years ago on . Most recent reply

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Lua Jambeiro
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Best location to invest in Florida

Lua Jambeiro
Posted

Hi everyone. Looking to purchase my investment property in Florida and was wondering where the best markets are right now.. My idea is to buy and hold for 3-5 years, renting long-term in the meantime and hopefully get some good valuation on it. Not sure if I'm too late for Orlando? Any suggestions? 

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Lesley Resnick
  • Real Estate Agent
  • Jacksonville, FL
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Lesley Resnick
  • Real Estate Agent
  • Jacksonville, FL
Replied

Full disclosure, I am from Jacksonville, live here, work here, invest here.

No Surprise I am going to say JAX!

There has been steady job growth and the market is moving up.  we are not over heated like Orlando or Miami.  Google - "can the average worker afford the average house in...?"  If there is a news story saying so, then the city is most likely over heated and is going to be challenged to continue upward.

There are deals, but it requires making fast decisions and having money.  The best deals move quickly and you have to have a network to get them early.   

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