Sun Rock Property Management » Property Management

Orange Park Property Management

Sun Rock Properties — Sat, 31 Jul 2010 21:34:14 +0000

Sun Rock Property Management is now offering full-service residential property management in Orange Park, Florida, including Fleming Island.

We provide honest, reliable property management. We give our best to each and every client. Sun Rock Property Management will efficiently manage your condo, townhome or single family home.

A beautiful suburb of Jacksonville, Orange Park offers the amenities of city life and the comfort of a small town. At Sun Rock Property Management we will secure desirable tenants for you. We know how to increase your cashflow on your investment.

At Sun Rock Property Management, We Mange Your Investment.

For quality property management in Orange Park, Florida, contact Sun Rock Property Management.

MiraBay – Property Management Perspective

Sun Rock Properties — Sat, 12 Dec 2009 20:08:21 +0000

Imagine having your morning coffee on your lanai watching dolphins jump above the water. If that is how you imagine your mornings, look no further than MiraBay.

Located on Tampa Bay in Apollo Beach, MiraBay is the dream for anyone who wants to enjoy the luxury of living in Tampa’s all-inclusive waterfront community.

At MiraBay, you are more than a resident, you are living the coastal resort-style community dream. MiraBay offers its’ citizens more than 35 active resident clubs. If you prefer, you can visit the MiraBay spa and join friends for brunch at The Galley Café, a waterfront restaurant.

For the active lifestyle MiraBay offers tennis lessons,swimming in the distinctive bridged pool, or exercising with top-of-the-line equipment in the fitness center.

Residents have access to water on the freshwater lagoon, saltwater canals or Tampa Bay itself. Every holiday season, MiraBay hosts its annual “MiraBay Mariners’ Club Lighted Boat Parade.” The event takes place as a spectacle of festive lights in the MiraBay Lagoon. It is a wonderful way to celebrate the holiday’s tropical style with the whole family.

For the prospective investor, there are a variety of residential properties to choose from. MiraBay offers townhomes, coach homes as well as a variety of single family homes. It is best to contact a property manager for pre-purchase consulting and specific rental rates.

For expert property management in MiraBay, contact Sun Rock Property Management.

As Home Prices Decline, it is a Great Time to Invest in a Rental Property

Sun Rock Properties — Wed, 09 Dec 2009 22:55:59 +0000

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 escalated.

Bargain-hunters and first-time homebuyers seeking the federal tax-credit deadline pushed the sales spike. This led to a decrease in the median sales price from a year ago.

Whether you are looking to purchase a condo on the 10th-hole in River Strand or a beautiful home in the Lakewood Ranch Country Club, prices are right for an investment in a rental property.

Contact Sun Rock Property Management for all your investment rental property management needs.

Heritage Harbour – Property Management Perspective

Sun Rock Properties — Sun, 15 Nov 2009 19:42:43 +0000

A master-planned community in the 34212 zip code, Heritage Harbour is east of I-75 on State Road 64. Built by Lennar, the desirable community offers a variety of homes and amenities for every lifestyle.

The entrance is a long, scenic pathway. On the left is a lighthouse on a small lake, huge children’s playground, picnic area, lake, walking trail, dock, and several baseball and soccer fields.

Heritage Harbour is split into three neighborhoods. Stoneybrook, Lighthouse Cove and River Strand

Lighthouse Cove, which features single family homes, townhomes, pools and playgrounds. It has an open, family friendly feel to it.

Stoneybrook is a gated community with a clubhouse, restaurant, golf, pools and a gym. Stoneybrook has a variety of houses, condominiums and villas. There is nothing like sitting on your screened-in lanai and watching golfers play a round.

River Strand is Heritage Harbour’s newest neighborhood. It features golf, tennis, fitness and more. Rest in a hammock in the make-shift beach at the pool area, or rest in the lazy river pool. River Strand, pure luxury at its finest.

Send your children to Bradenton’s best schools includes: Freedom Elementary and Lakewood Ranch High School. Both are top-rated schools.

Heritage Harbour offers quick access to shopping, schools, grocery stores and more.

Townhomes are renting from $800-$1100 per month. $1400 –1600 is the average rent for a home. Vacation rentals are around $150 per day or $950-$1050 per week.

Most of the homes were built during the peak of the housing boom in 2004-2006. Because of this, there are a lot of foreclosures, short sales and opportunities for investors.

With lower prices, outstanding amenities and strong rental rates, Heritage Harbour is a great place to invest.

For expert property management in Heritage Harbour and River Strand, contact Sun Rock Property Management.

Top 5 Foreclosure Mistakes

Sun Rock Properties — Sun, 13 Sep 2009 17:08:01 +0000

If you do decide to invest, make sure you avoid these top 5 foreclosue purchasing mistakes:

1. You say, “It was worth double that in 2005.” IRRELEVANT. You need to look at where the value is going, not where it’s been. Most properties will continue to depreciate for many years. The property is currently worth whatever you are buying it for and will be worth less in years to come.

2. Getting a Mortgage. Guidelines are very strict, making it difficult for everyone to qualify. Investors should be prepared to put at least 30% down and wait 60+ days for the loan to close. Paying cash is the best way to go, once you own the property you can possibly refinance to get your cash back out of it.

3. No Inspection. Do whatever you can to view the property before you put down the deposit. All foreclosures are sold “as is” and you are responsible for all repairs. One major repair could eliminate all of your equity and cash flow.

4. New Landlord. There is plenty to managing a property, from dealing with tenants, to maintaining the property and now, just collecting rent is a challenge. Hire a property manager to take care of this stuff for you, you invested in real estate to have more time and money anyway.

5. Negative cash flow. Then why are you buying it? For appreciation? Good luck. You have to be prepared to hold the property for long periods of time as it further depreciates and you are unable to sell it. Factor in everything, (taxes, insurance, homeowner’s dues, repairs, property management) and if you are not getting at least $100 in cash flow each month, walk away.

There is always a good time to buy real estate, as long as you buy it right. Run your numbers for cashflow, forget about flipping or appreciation and have an exit strategy.