In Tampa-St. Petersburg-Clearwater, a recent survey found home prices saw an upswing. The urban and suburban areas expanded last year, but the urban center tended to surpass the suburban core. The report looked at rises in home valuation and rent rises in major metros across the country, including Florida’s quartet of major metro areas. Home...Read More

Back in 2019, the Wall Street Journal published an article detailing how third-party Amazon sellers were using discarded electronics, toys, and books to sell as new to otherwise oblivious customers. Buyers were being encouraged to be extra vigilant regarding these sellers due to Amazon’s limited control.What does this have to do with the real estate...Read More

South Florida home sales edge out 2019 for the second consecutive month. They’re still pushing up prices, elevating the median price in Miami-Dade and Broward counties to $425,000 for a single-family home. That number is the highest it’s ever been. Per the Miami Association of Realtors, the overall amount of home purchases was up more...Read More

It’s often said that one of the tried, true, and effective ways to invest in real estate is to go with a “fix and flip”. This involves purchasing a home that is in less than stellar condition (i.e.: many foreclosures), fixing it up, making improvements, and “flipping” it for a profit on the seller’s market....Read More

Sales of single-family homes and condominiums are seeing considerable rebounds following the shutdowns that complicated spring transactions. Florida’s median home prices also continued its upward streak for a 103rd straight month during July, based on Florida Realtors’ monthly report.The closing sales of 31,000+ Florida single-family homes in July was an improvement over just over eleven...Read More

Foreclosed homes being sold as real-estate owned (REO) by a lender may be purchased at a reasonable price, although there could be some pitfalls. It’s the same scenario for real estate investors that are thinking about purchasing a foreclosure at the courthouse. Taking into account these possible problems, you might end up paying an excellent...Read More

South Florida real estate continues to get enormous interest from foreign nationals. These individuals typically keep a home in the United States on a part-time basis but retain their citizenship in a different country. For a multitude of reasons such as a bank being unsuccessful in income verification or insufficient credit, securing a conventional loan...Read More

There are typically two simple yet distinct options to pick from when an investment property is involved: rent or sell. Should you choose to sell, it is usually considered a solution for the short term, whereas renting is a tactic for long-term investors. Both options have advantages and disadvantages and one could be a wiser...Read More

If money is required quickly for a much shorter period than a traditional loan, a hard money loan is a viable alternative. Borrowers also prefer a hard money loan, as we have mentioned in the past, when they wish to buy a property for “patch and sell” purposes. Some of the factors surrounding the loan...Read More

Short term rentals have been significantly affected by COVID-19, making it trickier to do effective real estate investing. Many of these properties rely heavily on travel which has largely ground to a halt. To respond to this, it may be worth exploring a change in strategy. For example, right now healthcare professionals remain on the...Read More