My primary focus is on properties in Miami and the surrounding areas, including Homestead, as I’m familiar with the market here.

Does it need a roof and new heating system or just paint and flooring. 

This is the simplest method, but it also means your tenants are more likely to abuse the utilities by leaving windows open with the heat or A/C running, leaving lights on, ignoring the toilet that constantly flushes on its own, etc.3.

Updates include a new septic system, wall-hung boiler with radiant heat, and a remodeled kitchen with new appliances and an island.

Please see the rough numbers below :Tear down house price 350k,Construction cost 165 sqft * 2 build=627k too much for the land unless your exit is 3 million. don't reinvent the wheel. no single family home builder is paying 300k for land. that's miami florida prices where I live. we buy land 50k and under in Columbus Ohio. keep land at less than 10% of after built value.

If you are in Miami or surrounding area, there are likely tons of networking events.  

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $565,000

Cash invested: $125,000

Listed Price: $585K (originally $585K, 30 days on market). Seller purchased in 201...

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $565,000

Cash invested: $200,000

Current Price: $599K (originally $649K, 67 days on market). Seller purchased in Se...

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $715,000

Cash invested: $297,000

Current Price: $830,000 (originally $950,000 on 4/13/2024, reduced by $120,000 in ...

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $715,000

Cash invested: $297,000

Current Listed Price: $830,000
Original Listed Price: $950,000 (4/13/2024)It has ...