Click to read an article that discusses a reader’s question about investing in real estate and whether or not it is a good choice. In our local market on the Treasure Coast, we are experiencing higher rents than mortgage payments. Investment properties can be purchased and rented hassel-free with cap rates of 5-10% depending on the property. This is a great source of annual income as well as the benefits of depreciation and property value appreciation over time. Ask me how you can find a property like this.
Cash Buyers are back in the Market
Cash Buyers are buying houses in the worst hit markets around the U.S. Does this mean we are seeing the bottom when it comes to home prices? Read this article and ask your Realtor what they have been noticing in your market.
ATTENTION ALL SNOWBIRDS – Its 80 degrees in February in South Florida!
Well, while you are stuck indoors due to the snow and waiting to be shoveled out, maybe its time to consider moving to a better climate. Prices are at all time lows and baby boomers are still going to retire. So if retirement is in your future remember, while most of the nation is under snow and ice, we are enjoying 70s & 80s degree weather in February with 0″ of snow. Hope to see you soon in the Sunshine State!
FHA Extends Home Flip Waiver
FHA has chosen to extend the 90 day seasoning waiver and 20% profit cap on flipped homes in which the buyer is purchasing with a FHA loan. This is great news for investors who still want to flip properties.
