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Originally Posted by MickeyG
same thing here, down in Florida the market is extremely hot.
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I owned 2 townhomes in FL. Bought the 1st one for $138,000 and sold it 2 years later for $189,000. Took that money and bought another townhome for $172,000 and sold it in a year for $209,000. The FL real estate market is still the hottest in the country. Even though I live in CA now I am seriously thinking about buying a few properties in the WPB area and renting them out. My best friend is a RE broker and would take care of managing them so I wouldn't have to worry too much about being an absentee landlord.