Rental Property Investor · Orlando, FL · Member since 2018 · 545 posts · 386 votes
See the latest article from Forbes on the best cities to own rental properties in FL. No surprise the cities that made the list (Tampa, Jacksonville, Orlando), interesting read nonetheless for the data and insight to back what we already know.
Coconut Creek, FL · Member since 2016 · 26 posts · 4 votes
8y
Thank you for sharing David Given on how expensive Tampa deals are, We started looking for multifamily deals in Lakeland, but inventory is very low and competition remains high.
Coconut Creek, FL · Member since 2016 · 26 posts · 4 votes
8y
Thank you for sharing David Given on how expensive Tampa deals are, We started looking for multifamily deals in Lakeland, but inventory is very low and competition remains high.
Multifamily investor · Boston, MA · Member since 2017 · 281 posts · 521 votes
8y
I'm investing in Tampa, Orlando (and DFW) and found more value in those MSA but outside of the center. Lakeland is definitely one of those areas. Thank you for sharing the article!
Rental Property Investor · Plant City, FL · Member since 2015 · 1k+ posts · 379 votes
8y
I’ve loved the Lakeland auburndale markets for a long time now. We are continuing to look for properties & buy them but as a few have mentioned it’s become much harder to find the great deals. Rent demand is extremely high!
I’ve loved the Lakeland auburndale markets for a long time now. We are continuing to look for properties & buy them but as a few have mentioned it’s become much harder to find the great deals. Rent demand is extremely high!
Lakeland does seem to be pretty desireable these days. Zillow seems to think that at least some of the zip codes will increase by alot next year, if you can rely on their predictions. What kind of return are you getting on rentals?
I’ve loved the Lakeland auburndale markets for a long time now. We are continuing to look for properties & buy them but as a few have mentioned it’s become much harder to find the great deals. Rent demand is extremely high!
Lakeland does seem to be pretty desireable these days. Zillow seems to think that at least some of the zip codes will increase by alot next year, if you can rely on their predictions. What kind of return are you getting on rentals?
Lakeland is getting a lot of national spotlight for being a great rental market. (I wish it wouldn't because that just drives prices up). We have rentals with all different returns, but I'll say we've been selling anything that makes a single digit return.
I’ve loved the Lakeland auburndale markets for a long time now. We are continuing to look for properties & buy them but as a few have mentioned it’s become much harder to find the great deals. Rent demand is extremely high!
Lakeland does seem to be pretty desireable these days. Zillow seems to think that at least some of the zip codes will increase by alot next year, if you can rely on their predictions. What kind of return are you getting on rentals?
Lakeland is getting a lot of national spotlight for being a great rental market. (I wish it wouldn't because that just drives prices up). We have rentals with all different returns, but I'll say we've been selling anything that makes a single digit return.
I was going to buy in Lakeland and looked at numerous properties, however, in my opinion if the city is making the national news as a great investment, rental, place to live, or anything else then the gravy train has already left the station, hence why I haven’t found a deal there that isn’t in a D class area that makes money to the level I am looking for.
Real Estate Agent · Boynton Beach, FL · Member since 2017 · 250 posts · 135 votes
7y
As an agent in Palm Beach County, I have a few investors looking at some hot and very affordable (sometimes already rented for a year) condos in Boynton Beach with lower HOA fees. It always comes down to doing the due diligence and working with someone... either an agent or very trusted friend to check out the neighborhood and communities. And yes, it's tricky to find the right places that are not in a D neighborhood!
There's always deals if you know where and how to look. ;-)
Rental Property Investor · Boynton Beach, FL · Member since 2014 · 273 posts · 197 votes
7y
@Share Ross hope all is well my friend. Low HOAs in Boynton, that really is a gem! I'm about to list one of my higher HOA properties, 3/2 townhome in boynton if you have any retail buyers looking.
Real Estate Agent · Boynton Beach, FL · Member since 2017 · 250 posts · 135 votes
7y
Hey @Mitchell Jaworski ! Let me know about your townhome... I always have investor clients. I also have buyers who might be interested. (Send me a PM or email!)
Re: meetups... man... every single one I've been out of town. It's UNREAL!