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Updated over 5 years ago on . Most recent reply

User Stats

8
Posts
3
Votes
Elioe Burgos Jr
  • Flipper/Rehabber
  • Saint Augustine, FL
3
Votes |
8
Posts

Jacksonville Fl Lackawanna area....

Elioe Burgos Jr
  • Flipper/Rehabber
  • Saint Augustine, FL
Posted

Found a multiplex in Lackawana area of Jacksonville. My question is, is this area one of the gentrification areas of Jacksonville. I think I have a great deal, but with the sporadic nature of Jacksonvilles crime areas. I would like the opinion of any local investors with expertise a d experience in this market.... I am a local so am very familiar geographically, just not from an investor perspective. Thanks guys....

Most Popular Reply

User Stats

342
Posts
142
Votes
Mitchlyn D.
  • Rental Property Investor
  • Jacksonville, FL
142
Votes |
342
Posts
Mitchlyn D.
  • Rental Property Investor
  • Jacksonville, FL
Replied

@Elioe Burgos Jr I have a rental in that area and has been good! Tenants pay consistently but I had to train them to do so.

It will work out as long as you:

(1) Buy at the right price

(2) Find the nicest street in that neighborhood

(3) Recruit and train the right tenant.

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