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Updated over 4 years ago on . Most recent reply

User Stats

15
Posts
4
Votes
Kyle Mailloux
  • Rental Property Investor
  • Fort Lauderdale, FL
4
Votes |
15
Posts

BRRRR Leads in South Florida

Kyle Mailloux
  • Rental Property Investor
  • Fort Lauderdale, FL
Posted

For those who are BRRRR-ing in the South Florida market, are you getting your leads from wholesalers or are you direct marketing to motivated sellers? Any other sources?

Most Popular Reply

User Stats

173
Posts
206
Votes
Jean H.
  • Rental Property Investor
  • Miami, FL
206
Votes |
173
Posts
Jean H.
  • Rental Property Investor
  • Miami, FL
Replied

@Kyle Mailloux I've been getting leads from my contractors. They know what I do so when they come across a motivated seller, they send them my way. Just closed on a 3/2 SFR last week that I'm going to BRRRR. Inherited property that was not bank financeable because roof leaks caused damage to the ceilings. Bought for $153,000. Will put $65,000 into it and with ARV of $325,000, hope to pull out all of my investment funds plus a little extra.

Keep at it. The deals are out there, even in South Florida.

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