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Updated over 5 years ago on . Most recent reply
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Rental property locations in FL
Hello All,
This is my 1st forum post, however I've been listening to many podcasts and soaking up as much info from this site overall. I'm from NYC but interested in rental properties in FL. With Florida being so large, it can be overwhelming just pinpointing the best locations of where to begin, which of course turns into endless research and never actually taking the jump! I'm curious to know from those of you who do business in FL, which neighborhoods you'd recommend looking into for rental property buy and holds. Thanks in advance!
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Rental demand in most of FL is luckily not a problem. Finding cash flowing deals does take more work than it used too. Especially where I am in Palm Beach County.
I've been living in FL long enough now that it doesn't feel "cheap" anymore since NY prices are long in my rearview now lol.
I hear good things about the Lakeland area (between Tampa and Orlando) and alot of people are still honing in on Jacksonville. Port St. Lucie is also a decent spot were numbers still work and is continuing to grow.
Either way, be sure you are running the numbers through a property calculator. If you need one you are more than welcome to use mine, DM if you need it.