It’s close to beaches and has a mix of residential options, which could be great for flipping.33401 (West Palm Beach) - This area is in the heart of West Palm Beach and has a mix of old and new properties, many of which could benefit from updates.

Do you include the parking spot with the residential lease agreement or do it separately?

Most became repeat buyers.This is different from the residential side for many agents and a little scary...rightfully so. 

However, this area is up and coming with lots of construction happening (commercial and residential). 

Those two together create equity.Here's what I want you to understand about “buy and hold” residential real estate:Let’s use a single family home with a property value of $300,000Let’s use an initial loan amount of $240,000Let’s use an interest rate of 7.25%And I’m going to give you $150 of cash flow per monthUse a 5% appreciation amount for your property per yearLet’s see what happens after 5 years:After 5 years…$150 of cash flow per month = $9,000Your mortgage has been paid down to $227,000 = $13,000Your property is now worth $382,000 = $82,000So that’s $9,000 of cash flow, $13,000 of principle buy down, and $82,000 of appreciation.

Not a single one is located on A1A but in residential neighborhoods.

Tons of businesses run virtually now and use home addresses, they are trying to prevent storefront traffic etc in residential areas.

With that being said....I have the opportunity to purchase a residential home (in decent condition..

I have been in residential construction for some time and know very few reputable companies that would guarantee a 60 day build on anything close to 4500 sq ft.

Thanks.Hey Bill, my business partner and I have been investing in multifamily residential in Moncton and Saint John for 5 years since 2019.