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Updated about 4 years ago on . Most recent reply

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Luana Mazon
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Moving from Boston to South FL - HELP!!

Luana Mazon
Posted

Hey guys,

My husband and I are young professionals and investors in the Boston area. We are looking to move to South FL to be closer to family but we are also looking to invest somewhere in FL. We have several multi-family properties in the area that make a decent return but we know FL is nothing like Boston. Ideally, we want to buy homes/duplex that needs some work to fix it up and rent in FL. I did some research and just like everywhere else its very expensive and the numbers don't seem to work. Can anyone give tips, ideas or share personal experiences? 

Much appreciated!! :)

--Lu

Most Popular Reply

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Brian Garrett
  • Real Estate Investor
  • Palm Beach County, FL
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Brian Garrett
  • Real Estate Investor
  • Palm Beach County, FL
Replied

It's going to be tough to find properties to do what you're looking for here in South Florida.

This is not a good market for BRRRR as the price to rent ratios simply don't justify it making sense.

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