Talk of The Villages Florida - View Single Post - If you were going to buy an investment property....
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Old 07-23-2021, 06:28 PM
jmaccallum jmaccallum is offline
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Quote:
Originally Posted by LMBNY View Post
... where would you buy and why?

Say, you're already in your forever home, but are looking for a rental property opportunity. Based on what you know about The Villages -- Where would you buy?
Right now, I wouldn’t buy anything for an investment property, anywhere. Escalated prices and buyer fever make it an easy No. This real estate bubble will burst, soft or hard, who knows. But these prices leave little room for appreciation, and cash flow will probably be a significant negative no matter the snowbird or long term renter scenario.