Is Florida Right for You? | Florida Real Estate Bootcamp 2026 #954
In this episode:
Joey introduces the Norris Group Podcast and sets up the discussion on the Florida Bootcamp
Overview of the upcoming Florida Bootcamp and why it is being relaunched
Breakdown of Florida migration trends: domestic slowdown vs. continued international inflows
Impact of remote work, hurricanes, insurance shifts, and rising home prices on migration patterns
Why Florida’s population continues to grow despite a “migration boom slowdown”
How migration is driving long-term rental demand in the state
Introduction to the “1515 model” build-to-rent strategy
Breakdown of project costs, land acquisition, construction pricing, and rental assumptions
Expected cash flow, NOI, and cap rate (~5.12%) and why appreciation is treated as upside only
Discussion of affordability as the core strategy shift in today’s market
Why new construction reduces risk (no rehab, no inherited tenants, predictable costs)
Comparison of Florida investment model vs. BRRRR strategy
Role of funds control, insurance partners, and vetted land acquisition
Overview of build timelines: permitting (~45–65 days after process starts) and construction (~7 months after permit in conservative estimates)
Rental absorption expectations (typically 30–60 days when priced correctly)
Bootcamp structure: classroom education, field tours of build sites, and one-on-one investor meetings
Who this strategy is for: active investors, W-2 professionals, and 1031 exchange participants
Pricing, discounts for spouses/partners, and rebate option for investors who build
Q&A discussion covering insurance stability, permitting timelines, ADUs, lot types, and competition
Final thoughts on Florida wealth migration, economic growth drivers, and long-term demand outlook.