All Forum Posts by: Ian Fried

Thank you so much for the reply! I am mostly unsure of exactly what area I want to focus on within Florida (Hollywood, Kissimme, Tampa, ect), however, I do know that I want something that works well as STR with potential for LTR if needed. I will take your advice to heart. I do not know many people in my area that are investing, if thats anyone reading this, please reach out to me :) Thank you!

Nice to meet everyone! I have spent the last 14 years in nursing and love what I do as a nurse practitioner. That being said, I realized that I will never have financial freedom with my current plan and have been looking at ways to break the cycle. At first I would like to simply supplement my income, but within the next 5 years, I would like to have entirely replaced that income with investments (multiplex, STR, ect). I did a cash-out refinance on my home that I bought back in 2014 that had a ton of equity, and now have a pretty good sum to start my path into real estate. I am working with an amazing realtor who is on board to help me on this adventure. I am leaning towards STR as the cash flow/ROI is quicker, and while a lot less passive than long-term rental, I feel this would help reach my goals quicker. I live in South Florida and would like to buy a property somewhere within the state. I have run into that dreaded "analysis paralysis" mode after looking at many properties and putting them through all the calculators. Any and all advice would be appreciated. Thank you!

I know this posting is probably late as I just found this, but I am new to investing and looking for my first property. I am a home owner already and have a career in the medical field which I am trying to leave after 14 years. My goal is to gain financial freedom and create passive income through real estate (STR/Mutliplex ect). I was looking in Daytona Beach to possibly start an AirBNB, and that's when I came across this posting! I had no idea that only specific sections of the city allowed STR. I would be very much interested in resources to learn more. Thank you.