All Forum Posts by: Nick Talvy

@Paul Bame the first monday of each month there is a free JAXREIA meetup at Trents Seafood at 6pm. Then on the 4th wednesday of the month they meet at La Nopalera on Kingsley 6pm.

What Glen said. I attend some of those groups as well.  In each one, everyone has been super helpful and encouraging. Definitely check those out!

 Get involved with JaxREIA. There are many helpful and friendly people who will answer your questions for you and give great advice. There are also other meetups around town. 

Welcome to BP, Matt. It's a wonderful resource and a lot of friendly people willing to help out.  Thank you to you and your wife for your service in our military!

Nick Talvy

Thank you all for the input. I decided to pass on it. I truly appreciate everyone's insight.

@Whitney Hutten great point Whitney. I haven't looked at DOM. That will definitely give me a better idea. I have thought about other exit strategies, the biggest one is if I end up selling, leaving room to profit if I have to lower list price after repairing it and still make some money.

@Jonathan Pflueger thanks for responding. It's a nice quite area and it's next to the naval base. The mall, and dinning are within 5 minutes, and you can get downtown in 30 minutes. Normally because of access to the base the area does well. There are only a handful of the homes that back up to the highway, so not much current information out there as far as recent sold or rented.

Hey everyone

I have come across a deal in a good rental area. The price is right. It's a safe, quite area, and the rent in the area for the size home is 1200-1300. My biggest concern with this property is the yard is fenced in, but the fence along the backside of the property is one of those big cement walls that has a busy interstate on the other side of it. I drove by tonight and you hear the steady sound of cars going by. It almost sounds like the wind before a major thunderstorm. (Might be a Florida thing). Anyway, I want to buy the property for buy and hold. I've heard a lot about having multiple exit strategies. So while the house should come at about a 30-40% discount, can having the interstate on the other side of that wall, prevent me from getting market rent, and or selling it, if I decide to flip?

Basically, stay away or if the price is right who cares?

Thanks in advance.

Nick

@Kevin T. Definitely. Ill send you my info.

@Jack Bobeck your right. I currently have one set up. Its time to expand my search area.