There is a pretty interesting video on a company called Condo Vultures.   It talks about how the south Florida market has stalled and prices are free falling.  But, condos are still being built, but the property values are dropping considerably.  Some condos have dropped up to a 44%. 

So, savvy investors are taking advantage of these price drops to finally get a great deal on a FL investment.  This is where Condo Vultures comes in.  They try to bring together desperate sellers with aggressive buyers.   They have a statistical vulture database to track the best deals and offer them to investors.

Anyway, I thought it was interesting and worth sharing. 

Here is the link:  http://abcnews.go.com/Video/playerIndex?id=4059269

Dan Dunleavy                                                                                                                                                  President, FixtoFlip Inc  (954) 889-7092 

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