Purchase price: $400,000 Sale price: $449,000 Contributors: Peter Vekselman Partner Driven, alongside Matt & Penny Winfrey, bought a property on SE Blockton Ave in Port Saint Lucie, FL, on 8/29/2024 for $400,000.

Ended up moving my portfolio away from them and its like a breath of fresh air.

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $204,000

Cash invested: $30,000

This deal was an almost brand new construction in an up and coming area on the outs...

BR gets a decent amount of bookings from Floridians so gas prices and opened up air travel would be my immediate concern if you are looking for a cash flowing property now.  

They are just a place to crash near the airport.

You may be able to utilize air dna projections, but, this will come at a rate adjustment usually versus long-term rent. 

(I bought it for the land with intentions of removing the trailer and building tiny homes on it to air bnb) I understood that I was responsible for any back bills or liens associated with the properties, I was ok with that.

I am 19 years active duty Air Force and have used the Va loan 4 times for purchases with three of them being foreclosures with instant equity.

Where did the Airbnb estimator go? Am I missing something? I found a calculator but it won't work on my iphone.

I'd look for signs of arcing around those outlets.Other things I look for are how is the foundation, cracks in the walls (assuming lath and plaster), condition of the mechanicals, depending on what the house is built on, I may get a radon test done for the air and water (near me there is a lot of ledge, so radon is an issue in most homes).