Seeking Advice On Real Estate Investing

[Rafael Ramos]

Hey everyone,

I'm looking for some guidance on investing in real estate before the year wraps up. I'm based in the Tampa area, and my business operates in South Florida. I've been exploring options for a multifamily property, single-family homes, and even a luxury condo that could work as an Airbnb.

My primary goal is to find an investment that has good potential for profit and tax benefits for this year. I’d rather avoid anything that could become a headache down the line, even if it means a higher initial cost. I have liquid funds ready, but I want to make sure this is worth my time compared to the 5-6% cap rates I've seen on multifamily units in South Florida, which are close to what I already get from CDs and high-yield savings accounts without the hassle of property management.

I'm also hesitant to invest out of state since I'm new to real estate and don’t want to make a costly mistake. I’m here to connect and get some honest insights—not just a sales pitch—so if anyone has tips on properties or areas with good potential for appreciation and tax advantages, please let me know!

Thanks in advance for your advice and recommendations!