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 [...]
As Home Prices Decline, it is a Great Time to Invest in a Rental Property
In Manatee County home and condominium re-sales rose in October. However, there’s still a debate about the housing market recovery. According to the Florida Association of Realtors, sales of existing single-family homes in the Sarasota-Bradenton market rose nearly 50 percent in October compared to the same month a year ago. Sales of previously-owned condos also [...]
5 Reasons to Avoid a Property Manager
The life of a real estate investor is about creating a passive income and stream and achieving financial independence. If you are managing your own real estate portfolio, you have just created a job for yourself. When purchasing an investment property, you should factor in a 8-10% monthly management fee, as well as room for [...]