Investing in South Florida Need Input

[Rosie Giacosa]

So I'd appreciate some brainstorming from local investors and real estate agents. I'm struggling to find a strategy that is working with today's inflated prices in the South Florida markets of Miami-Dade, Broward and Palm Beach. I'm a buy and hold (BRRR) with flip if the numbers make sense. I prefer multi-family but will do SFR. I stay away from the condo or commercial markets.

I'm resorting to the off market and the probate roll to try to find a decent deal. It seems that anything that hits the MLS, let alone Zillow, and is not horrible is gone quickly. Too many foreign investors spending stupid money on properties even in highly risky neighborhoods.

So, where are my fellow intermediate investors finding deals that make short and long term sense? I just don't want to be sitting on the sidelines with cash until the next down cycle.

I appreciate you sharing.

Art in Pinecrest