Teeing this one up for investor savvy Florida agents

[Greg Pasquale]

Full disclosure: I am weighing and researching two different investing strategies at the moment.  This is one of them.

I am looking for a short term rental investment in Florida within the next 4 to 5 years I'd like to live in.  Doesn't have to be by the water but great if it is.  Also not in a retirement heavy area.

I have disposable income at the moment I do not want to go to waste.

I am still in the fact finding stage but if the numbers work - it is something I seriously will consider.  Again, the caveat is, eventually it will be a property I would live in so not exactly looking for a tourist area.

Thanks

[Kyle Funnell]

Hey Greg,

Great idea to invest in real estate in Florida. I am a realtor who lives in Delray Beach, FL. We are seeing a high volume of people move to this area from up north mainly due to COVID-19. So with that, we expect home prices to continue to rise in the future. Are you looking for SFH's or condo/townhouse? I would recommend a single family homes as you lose majority of your investment to high HOA's of condos/town homes.

The Palm Beach area is only going to continue to grow because geographically there is no where to expand (east or west) therefore demand will become higher. 

I have investment properties myself in Delray Beach, FL and Sebastain, FL.

Kyle Funnell, Realtor