All Forum Posts by: Joe Vairo

St Augustine would be a great area to look into just because of the amount of people who visit yearly. Other markets to look at would be Orlando because of the huge tourism draw, I think its the most visited tourist destination in the US (Or at least of of the most visited). If you're leaning towards beachside areas I would look into the panhandle right outside of PCB.

That seems pretty high, usually they’re around 2-3% as a rule of thumb

Orlando Florida, due to the amount of Visitors per year for the theme parks. Started off with short term rentals due to this, along with strong short term rental laws they have in place. They also have a very strong job market that is continuing to grow. Especially now with Disney moving their operations there to the Lake Nona area. That should help with long term rentals moving forward.

You could post it to Facebook Marketplace, I’ve had some pretty good traction with that. 

House Hacking or a live in Flip might be something to look into. This way you save some money not having to pay rent and then you get your feet wet. The House Hack with a multifamily might be better depending on how much time you have to do a live in Flip!

@Michael Dumler I definitely agree with you from the land perspective, however how do you feel about some condos that are closer to the water or significantly more expensive areas for single family homes. Do you think they appreciate well enough for it to make sense?

@Jason Tassinari Not necessarily one person, I've been looking up different ideas and strategies that I hear about from podcasts then try to find different videos to get a better understanding of them and dive deeper. Oddly enough there's been some good content on tiktok with quick videos on deal analysis and things to look for. Some of the YouTube videos have so much fluff.

Personally, I liked just watching youtube videos and listening to podcasts. Being able to watch them go over examples of deals and see the theory or idea in practice was more beneficial for me.

The county could be a great option, or if you have a good relationship with a local title company they may be able to help you as well!

@Yaniel Suarez Hey Yaniel, have you looked in the Lake Worth area? I know a couple people who have bought some multi family units up there as of recently