According to an Orlando Business Journal article, over 150,000 people decided to leave the “City of Angels” Los Angeles in favor of the central area of Florida. In 2020, Central Florida saw more than 50,000 new residents.The Orlando metro keeps drawing the attention of homebuyers, as is common for Florida, from the Northeast. The influx...Read More
Recent federal legislation places an end to secret shell corporations that are frequently used when high-end real estate is bought. Limited Liability Corporations (LLCs) were mostly used before this year to fund real estate purchases and encourage owners to block their identities from the media and potentially even law enforcement. Domestic and international LLCs doing...Read More
The real estate market in Central Florida typically cools down in the fall and into the holidays, but the signs are pointing to a red hot housing market as the year begins to wind down. Buyers are searching for improved work-from-home and virtual learning setups with greater space inside as well as out, whether local...Read More
Sales of residential homes in South Florida are showing positive gains, surpassing last year’s closings for the first time since the pandemic began, according to a Miami Herald article. Per data from the Miami Association of Realtors in August, overall home sales in Miami-Dade and Broward County increased more than six percent from August of last year...Read More
After a not so hot April that saw a significant drop in year-over-year sales of single family homes and condo townhomes, Florida appears poised for a major comeback. For the 100th straight month, the median sales price across the state saw increases for single-family homes as well as condo-townhouse properties year-over-year: six percent to $275,000...Read More
If you’ve been trying to buy Florida property, you may think it’s your chance now. Although COVID-19 has caused tremendous disruption to businesses and employment, it has generated opportunities as well. Housing demand is down, which may make you think prices have gone down.This is not the case in Florida though. Florida builders are careful....Read More
Since COVID-19 is forcing people to remain indoors, you may find you have a lot of time on your hands. Now is a great time to explore how you can fine-tune your real estate investing skills and become a better investor once things return to normal. A lot of people have begun using the service...Read More
Is taking the do-it-yourself (DIY) approach a wiser money move versus hiring a professional? It’s a commonly debated issue among individuals looking to rehab properties. As to which approach works best for you, it’s a matter of taking a couple of factors into account. For starters, what are you looking to accomplish with the project...Read More
Knowing how to avoid mistakes commonly made by real estate investors is fundamental toward achieving investing success. However, even seasoned investors are prone to making some mistakes that while subtle, can still have significant effects. To illustrate, let’s say you’re putting twenty percent down on a property. This money is coming out of your pocket...Read More
The search for titles is an integral component of the closure of a vacant land transaction. Real estate investors need to be assured that there is a clear property regardless of who is selling it. This involves getting the deed and paying the money to the property’s actual owner as opposed to someone who thinks...Read More