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Updated 3 months ago on . Most recent reply

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Wade Wisner
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Are fix-n-flips still a good investment in north Florida?

Wade Wisner
Posted

I lived in north Florida from 2003 to 2008 and did a number of residential and commercial fix-n-flips during that time.  I am considering moving back as I have family there and if so would plan to look for fix-n-flips to invest in.  A lot of Jacksonville always seems kind of down and dirty then, but alot of that has probably changed over the last few years with the influx of buyers from elsewhere.  I will be looking for an "investor" oriented realtor to bird dog properties and areas to invest.  Any out there?  I have been in construction/rehab/renovation most all of my life so I have that covered.  

Since leaving FL I have been doing fix-n-flips in TN, CA, GA, NC and VA. I did the NC property out of state and was not happy about the returns so future ones will be in my backyard only.

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Zachary Deal
#4 Medium-Term Rentals Contributor
  • Lender
397
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380
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Zachary Deal
#4 Medium-Term Rentals Contributor
  • Lender
Replied

Hi @Wade Wisner FL is one of our top states for fix and flip loans. We are seeing a lot of success with flips/BRRRR strategy all over the state. I would find a good real estate agent focused on investment properties and look at up and coming areas. Also as @Jake Baker mentioned we are seeing BRRRR investors have a lot of success in in Jax area. Would trust Jake's recommendations on agents!

  • Zachary Deal
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