Destin Florida investors.

[Nathan Killebrew]

Hi, I am staying on 30A near Destin Florida for the week on a trip. I have noticed an odd number of houses for sale. I would think in such a hot little area people would be holding their investments for the growth. Being new to the area I feel like I am missing something.  Any locals have any insight into this?

[Matt "Roar" Gardner]

@Nathan Killebrew, Welcome to the area! I'm a Realtor and Investor in the area. I have an AirBnB and a flip that I just finished. The market is very hot right now, but even during a hot market, properties (especially investment properties) will remain unsold because they barely cash flow, if at all. Most of the good deals are under contract within 24 hrs though.