All Forum Posts by: Matthew Tregoning

I'm in the Orlando market as an investor and realtor. If your goal is cash flow, have you considered the short term rentals? I'm a big advocate of this strategy as you get the benefit of buying in markets where you can take advantage of massive appreciate AND have the cash flow. The drawback of course is that it's not as passive as long term rentals. However, there are so many awesome tools and software out there now that it CAN be pretty hands off if you front load the work to put your systems in place.

Looks great! Awesome job.

I use Frontline for a STR I have in Melbourne, Florida. This is STR insurance and it runs me about $3,200 annually.

SPACE COAST! Huge space center being built, hub for SpaceX, NASA, Blue Origin. We still have plenty of room to grow.

It took me much too long! I definitely suffered from "analysis paralysis" and did way too much learning before I finally pulled the trigger on my first investment in 2021. Luckily, I purchased at a great time, during covid and it has worked out great for me since then. 

I'm a bit biased, of course. But I believe the Space Coast is one of the best areas to invest in the country. The combination of Space X, Blue Origin , NASA, Patrick Space Force Base, a new Space Center being built, AND tourism lead me to believe we will continue to grow. My strategy in this market is to purchase value-add short term rentals in good areas to maximize cashflow and appreciation.

Thank you!

Investment Info:

Condo buy & hold investment in Viera.

Purchase price: $162,000
Sale price: $210,000

This deal was such a fun project. Very poor listing with no photos and a poor description of the property. To my surprise, when we went to view the condo it was really nice inside and the sellers were interested in selling it fully furnished. All we had to do was paint an accent wall and update a few small decor items. It made the most sense to sell it a few months later.

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $262,000
Cash invested: $100,000

Short term rental in Melbourne Florida. Biggest renovation project yet! Cash-flowing well and built a ton of equity from the start.

Hey Alexis,

I think a DSCR loan could help solve your problem. I have purchased a few properties here in Florida using this product as my military salary didn't help much when qualifying for conventional loans. With this loan product they qualify the loan mainly based on the performance of the property rather than your personal ability to pay the loan. You will have a higher interest rate, but this is a great option to get approved with Debt-to-income ratio challenges. I recently used this product to purchase a short term rental / AirBnB here on the Space Coast (closest beach to the East of Orlando) and my property is doing great so far.

Let me know if you have any questions,

Matt