When you invest in Real Estate you are buying a Money Machine.
It's not like buying your primary residence, you need someone experienced in Investment Real Estate to guide you through the maze.
There are basically two strategies of producing income from residential properties. 1) buy and flip and 2) rental. Both have their advantages and disadvantages, and you have to determine what works for you. Under the right circumstances there is money to be made “buying & flipping” and we are happy to help you find the right place to do just that. However in the Daytona Beach area we see a greater potential for return on investment in the rental market. Everyone's circumstances are unique, let us help you determine what works for you and your circumstances.
Residential Rental Real Estate is a great investment because it has more than one source to increase your rate of return.
Gross Operating Income (rent you collect)
Principal Reductions on amount financed, the mortgage is being paid by your tenants
Tax advantages such as Depreciation/Cost Recovery, repairs, insurance, and mortgage interest
Appreciation of the home. The price of existing homes increased on average in the State of Florida by 4.3% annually over the past 30 years