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Updated about 7 years ago on . Most recent reply

User Stats

227
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106
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Marty True
  • Rental Property Investor
  • Miami Beach, FL
106
Votes |
227
Posts

Miami Gardens Market?

Marty True
  • Rental Property Investor
  • Miami Beach, FL
Posted

Hey BP'ers! I've just relocated to Miami Beach and I'm doing a little market evals in the various neighborhoods around the Miami area. I'd love to get some feedback on the Miami Gardens and Hialeah markets to see if anyone has experience investing in those areas. 

From what I see, a lot of Miami Gardens looks like"C-" and "D" class. Is this area worth considering?

If so, I'd like to get wholesale feedback and also buy/hold (rental) feedback in these areas.

Thanks!!

Most Popular Reply

User Stats

329
Posts
124
Votes
Carlos Rovira
  • Investor
  • Miami, FL
124
Votes |
329
Posts
Carlos Rovira
  • Investor
  • Miami, FL
Replied

I own property in Hialeah. It's an excellent rental market. There is very high demand for rentals in this market which makes it very easy to find a tenant. You will never have vacancy in Hialeah.

Miami Gardens can be a rough area. Very different from Hialeah. I'd be careful investing there and follow a very strict criteria when underwriting potential deals.

  • Carlos Rovira

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