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Updated over 7 years ago on . Most recent reply
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Relocating to FL, Not set on where...
Hey all!
I am looking to relocate to FL with my family and struggling to choose a destination. I have a steady residual income and there is nothing keeping us in Central Ohio. I currently have a commercial property and three residential, so I have some experience. From our travels, I am fond of the Pensacola/Destin area, as well as Jacksonville/St. Augustine, and Orlando/New Smyrna Beach. I would also consider Sarasota/Tampa/St. Petersburg.
I'm looking to invest in a diversified portfolio that would include single family homes to flip, lease option and hold, smaller multi-family to hold and possibly select units to airbnb.
I'd appreciate feedback from anyone and particularly someone who has experience in more than one of these areas.
Specifically, I'd like to know:
1. How is the support system (REIA or similar)?
2. Is any one of these markets particularly under valued and/or have a high growth prospect?
3.
Most Popular Reply
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Definitely should invest in Jacksonville, FL. I left Jacksonville in 2013 and went back last week. I've talk to Investors in that area, Southside of Jacksonville is a plus. Definitely a city to look at. Jax will be a hot spot soon. A lot of residential development projects going on over there.