Tampa Ranked One of the Best Real Estate Investment Markets
Tampa was ranked as one of the top markets for real estate investment by CNN money. Most of the top ten were comprised of cities in Florida. The high number of foreclosures, low interest rates and sunshine are drawing in investors. Daytona Beach moved into second while Fort Myers took fifth. Orlando ranked fourth, Ft. [...]
No Vacancy
The current rental market is Hot. The recent record number of foreclosures have left families displaced, bank owned properties sit empty and mortgages are hard to come by. Throw in unemployment and depreciating properties and you get a high supply of prospective tenants. Properties shouldn’t be sitting vacant long in this market. Most of our [...]
Foreclosure Buying Nightmare Over?
RealtyTrac reports foreclosures are at a 7 month high after 230,678 U.S. filings in the month of October. However this is down 31% from last year. They attribute some of the annual decline to banks getting more efficient at the process of buying a foreclosure. Anyone who has bought or tried to buy a [...]
Real Estate Wins
So you have $100K. What do you do with it? You could put it in a money market savings account with an average return of 0.30% APY. After one year you will have earned $300. You could put it in a CD with an average return of 0.50% APY. After one year you will have [...]
Don’t Bank on a Growing Population
A cornerstone of the wisdom of the Rich Dad, Poor Dad books, was real estate is a good investment because the population will always grow. More people will need more places to live and property will be more valuable. The turbulent economy over the recent past has taught many that always never happens. So what [...]