10 Things You Must Know When Buying a Florida Investment Property

10 Things You Must Know When Buying a Florida Investment Property

There is so much that goes into buying an investment condo or home and this video helps you understand what you need to know. I have helped many people buy investment condos and homes from Clearwater Beach down to Siesta Key and a lot of the same questions come up every time. 

Tips to Buying An Florida Investment Property 

1. Research The Area

The first thing you want to do is you want to research the area which looks like you have already started to do just by reading this blog. Make sure you visit the area so you know if you like the area especially if you plan on using it from time to time. 

2. Run The Numbers 

Once you have found a condo or home you like make sure you run some rough numbers to see if this is something you can afford. Make sure you take into account the HOA fees, electric, gas, internet (if it's not covered in the HOA fees), and set aside money for maintenance.

I do have a video on how to run the numbers be sure to check it out.

There are 8 other tips I give you when buying an investment property in the video.