can an investor make money in florida? - Posted by gary

Posted by SteveA (FL) on July 08, 2005 at 09:51:02:

I’m on my 4th property since last October. One is a rental and the tenants want a L/O. I just signed on a bank foreclosure last week.

Seems pretty good to me!

can an investor make money in florida? - Posted by gary

Posted by gary on July 07, 2005 at 19:56:20:

Hello all,

I am possible moving to florida (lee county) and i am wondering how the market is. I am interested in foreclosures and lease options because of not having any income for other investing and this is low money down and no mortgaging. can anyone give me any insight? is it flooded with investors or can you still make money?
thanks in advance for your help!

Gary

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Re: can an investor make money in florida? - Posted by docniss

Posted by docniss on July 07, 2005 at 20:06:39:

I have a friend that lives in Hawaii and is buying houses in Florida. Las I heard she was at 11 in the past 2 years.

Re: can an investor make money in florida? - Posted by ski

Posted by ski on July 07, 2005 at 20:17:12:

I live here in sunny SWFLA, in Lehigh Acres, Lee county. We have had an increase in property values never seen before in such a short period of time 98.9% in the past year. And yes we can still make a *hitload of money.

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Re: can an investor make money in florida? - Posted by gary

Posted by gary on July 07, 2005 at 21:46:23:

how is the lease option business and foreclosures?