All Forum Posts by: Andres Rodriguez

Hi @Tony Zhang,

Reach out to @Elenis Camargo. They manage our rentals and rehabs. Solid team with very fair prices and a track record to prove it.

I would say that Riverside and San Marco are already established neighborhoods with Springfield being the most recent to feel the impact of gentrification. Price points can range anywhere these days between $400k-$600k for a quad. 

I wouldn't say significant developments, but definitely ongoing revitalization of these neighborhoods. The talk of the town lately has been the very real possibility of building a Four Seasons Hotel Downtown and the park expansions along the St. John's River and the Emerald Trail. 

Here are a couple of articles highlighting the plans if you haven't seen them:

https://www.jaxdailyrecord.com...

https://www.jaxdailyrecord.com...

https://www.jaxdailyrecord.com...

Hi @Sebastian Giraldo

Multifamily in Jacksonville is definitely a hot topic right now. The issue is that most of this asset class is either located in Springfield / Riverside / San Marco which are great neighborhoods, but they come at a much higher price point, or they are located in war zones. It's really tough to find something in between for the right price, but it can be done. Investors are now snatching up Quads in the same neighborhood they swear they wouldn't touch two years ago.  

Hit me up when you're in town. Would love to connect. 

 That's correct. We're still wholesaling in JAX and things are really picking up. Most likely I'll be attending the meet-up at Whitey's, but let's stay in touch. 
In regards to D4D, I would say literally drive everywhere and save the properties that meet your criteria. I tend to stay away from properties valued over $250k since most of my buyers are in the $75k - $150k sweet spot. But if you do find properties that are valued higher, you can always JV with a Realtor and try to move them.

@Dmitriy Koval
Shoot me a DM with your email.

I'm a little biased just because I live and invest in Jacksonville, but I am a huge fan of the beaches on the Gulf coast.

With that being said, I do not own any STR rentals just yet, but the more networking I do, I'm definitely seeing the potential. I used to think that STRs were only viable by the beach or downtown. JAX has really opened my eyes to the possibility of having an STR almost anywhere. While I don't advocate investing in warzones, you would be surprised where AirBnBs are located here. But a good rule of thumb is that it has to work as a LTR first just in case regulations change in the future.

In my opinion, AirBnBs are doing great in Jacksonville because of the availability of quality hotels is very limited unless you are staying by the beach. You have a large number of people visiting family and friends who are staying at the Mayo Clinic. You also have at least two large military installations in Jacksonville where service members and their families with pets would love to rather stay in a nice STR than a crappy Days Inn when they are between duty stations. I went through it several times when I was in the Army. Oh, and Uncle Sam picks up the tab. 

Not to mention the traveling nurses that work in the many hospitals here or the influx of people in general that are moving to Jacksonville while their permament home is ready, and they do not want to rent an appartment or stay in a random hotel for three months.

Hi @ST King,

If you're local in Jacksonville, I highly suggest stopping by http://www.whiteysfishcamp.com, Whitey's Fish Camp - 2032 County Road 220 Fleming Island, Florida 32003 on the fourth Tuesday of every month. 

11:30am - 1pm. No cost to attend. Everyone pays for their own meal and the food is really good.
Always a lively discussion about flips, rehabs, Airbnbs, private lending, goal setting, good contractors, and deals.

It's put on by Glen Friedman who is a local investor and private money lender. He's an open book and has his finger on the market.

Here's the link to the local REIA meetups as well.
https://jaxreia.com/events-cal...

Thanks for putting these on, @Glen Friedman! 

We learned a ton and are now super intrigued on AirBnBs since the whole room was buzzing about that topic. 
Looking forward to the next one in April!

 Sure thing...DM sent.

@Ryan Pritchard I'll DM you some contacts.