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 [...]
The Other Number
When looking at comparable properties to see how much to list your property for rent, you not only have to look at the listing price, but also the number of days the property has been listed. A property listed for $1500 per month and sitting vacant for a year is worth $0 that year. The [...]
The MLS is Useless for Finding a Tenant
One time a realtor asked me for the MLS (multiple listing service) listing of a property I had for rent. I told her it isn’t on the MLS. She was shocked. I told her I wasn’t a realtor, so I couldn’t put it on the MLS and if I was a realtor I still wouldn’t [...]
Treasure Island Property Management
Sun Rock Property Management is now offering full-service residential and community property management throughout Pinellas County, Florida, including Treasure Island, Sunset Beach, St Pete Beach, Madeira Beach and Redington Beach. We are a focused, efficient property management company that pledges a personal commitment to our clients. We manage any type of property from condos and [...]