The Residential Real Estate Post-Crash Index-Moderated Message Board

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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated

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To: THE ANT who wrote (12636)	3/22/2011 3:17:26 PM
From: John Vosilla	1 Recommendation Read Replies (2) of 119360

Depends what your objectives are and how you will manage them. Rents have really exploded much higher the past year. Five times gross annual rent common on houses and three times on condos make the numbers work better now than ever in select areas. On condos HOA dues are quite high and many especially 55+ have restrictions on rentals. Lower end housing stock and hoods in SoFla in general is not that good. Probably a much better dynamic in Port St Lucie or Cape Coral. Pompano Bch just west of US 1 has a good location with older single family at ridiculously low prices.

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