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Updated over 7 years ago on . Most recent reply

User Stats

192
Posts
126
Votes
Brent Hill
  • Investor
  • Charlotte, NC
126
Votes |
192
Posts

Property Manager in "Phoenix" area of Jacksonville, Florida

Brent Hill
  • Investor
  • Charlotte, NC
Posted

Got an opportunity to purchase a home as a buy and hold in what I think is called the "phoenix" area north of Everbank Field in Jax.

Any recommendations on excellent PMs for homes in that area.  Or can anyone share their experiences buying, selling and renting homes in that area?

This is a 1920 2/1 home and the CMA that I had done on it is 20K and no repairs are need. From my little bit of research it appears homes in this fetch 600/mo in rent.

Thoughts and recommendations greatly appreciated.

Brent

Most Popular Reply

User Stats

76
Posts
22
Votes
Aaron Cooper
  • Investor
  • Jacksonville, FL
22
Votes |
76
Posts
Aaron Cooper
  • Investor
  • Jacksonville, FL
Replied

I personally avoid this area for both investment and management.  typically high crime, many homes are in extreme need of repair amd unless you plan to hold this property for 20 years i dont see much changing in the community.  

You will get very different opinions in this area, there are some who have great optismism for this area but its been like that for decades. 

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