All Forum Posts by: Joseph R.

 Hi Wayne, thanks for your reply.  I would like to live in Boca, but perhaps it would be a bad location for cash flow.  Whats a good area in South Florida for a good cash flow?

Thanks everyone for your replies!  It is helpful to hear such encouragement, perhaps I am just nervous because I grew up during the housing crash time period and just getting started.  Thank you!

Hello,

I am preparing to purchase my first home, here in South Florida (Boca Raton) and I would like to live in this house for a year or so and then rent it out.  However, I am concerned how the home values have increased significantly in just the past few years, and about hearing reports that South Florida is in a bubble that will pop.  If I bought a house today with the way the prices are, it seems that I might not be able to make any profit when I rent it out.  I feel if I bought 5 years ago, I'd be in a great spot to be renting and having a competitive rental rate.  In a way, it feels like a wrong time to buy.  Am I wrong?

Hello,

My name is Joe and I have stumbled across REI. I am a software developer who wanted to start my own software consulting company, but after reading about REI I have been quite interested and want to try my hand at it. I am 30 years old and I am only renting, but I hope to buy my first property next year and would absolutely love becoming a landlord. I have recently moved from NJ to FL where it seems real estate is more attainable. Any tips that I should know? Thank you for having me in this forum!