Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Florida Real Estate Q&A Discussion Forum
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago,

User Stats

29
Posts
36
Votes
Jordan Rhoads
  • Investor
  • Hayden, ID
36
Votes |
29
Posts

Is it too risky to do my first BRRRR deal in Florida right now?

Jordan Rhoads
  • Investor
  • Hayden, ID
Posted

My goal is to purchase my first BRRRR deal this year. I have a $82k HELOC and South Florida is looking like it could be a solid market. Is it too risky to do my very first deal during this pandemic in a virus hot spot? Or should I invest somewhere that is less affected by the pandemic for now? I really want to get my first deal out of the way to prepare myself for more opportunities in the next couple of years. I think Florida would be a great place for those opportunities. And it would be nice to already have a team there if more and more deals start popping up. I don't have a mentor yet so I'm hoping I can get some knowledgeable opinions here. Thanks in advance...

Loading replies...