The plan for many people is to buy an investment property at the beach in Destin Florida.  And what a great plan it is:

• You get to buy in at the low ebb in the real estate cycle. Remember buy low sell high.
• You get a place at the beach in Destin that you can use up to two weeks a year to do repairs and general maintenance while still getting all the tax deductions
• You get to take advantage of the increasing rental income that is expected in the area.   Positive cash flow is a good thing.

Be careful though because it’s not always as easy as it looks and you will need access to good advice and perspective.

Here is a good start – it’s an article I found at MarketWatch.com that talks about How to buy …investment real estate.

Various strategies can be used on the road to real estate wealth. In one, investors “flip” properties by buying a house, renovating it in short order and selling for a profit. In another, investors purchase the property with the intent to hold it for many years.

Good luck and for help with your plan to buy an investment property at the beach in Destin Florida give us a call at 850-217-7618 and we will be happy to help.  You can also start your search by clicking the button below.

One of our clients recently bought a gulf front condo at the beach in Destin Florida.  They bought it as an investment property and decided to renovate right away so that they could be ready to maximize the high summer rental season bookings.  It worked out great and they could not be happier.  Kris Moran, our Buyer’s Agent wrote a blog about the renovation project which offers great tips on how to renovate a condo at the beach.

Here at the beach I sell mostly investment properties – and mostly condos.  I absolutely love selling condos – it is easy to sell what you love and believe in!  I was lucky to meet “Mr. and Mrs. C” and spend a day of their spring break showing them condos in April.   And less than a month later, they are now the owners of a stunning 3 bedroom Gulf front condo.  And they had well over $10,000 booked in rentals before they even closed!  The condo was great when they bought it, but Mrs.  C spent 3 short days after the closing updating it with her own personal touches and next thing you know, she worked her magic and turned the condo into something truly special.  Her ideas are inspiring.  Check out the rest of the story A Beach Condo Before and After.

Keller Williams Realty’s At The Beach Team are experts in listing and selling rental property investment condos and homes.  North Florida has so much to offer the rental property investment home buyer.  Let us help you invest your hard earn money on the perfect place at the beach and get a fantastic return on your money!  The article below posted on the Fox News.com –  Rental Property Investing 101 – tips for future property moguls provides great tips on how to invest in real estate.   Check it out!

The media and real estate professionals continually report that 2012 is the year to buy real estate. Since home values have dropped considerably, the U.S. median list price has dropped considerably, too. Couple that with interest rates that are the lowest they’ve ever been and it’s a perfect storm of real estate buying opportunity, especially for starting out your career as a landlord.  Click the link to read the entire Philly Tablet Business News Article.

Click the link to read the entire article on Rental Property Investing 1010-tips and future property moguls.

Check out this article posted on the Floridarealtors.org  website quoting former National Association of Realtor’s President Moe Veissi – who explains why if you are thinking of buying a home or condo real estate conditions have never been better.  Veissi, broker-owner of Veissi & Associates Inc. in Miami, says today’s real estate market has “less folks looking, less inventory and more contracts working. … We’re just now seeing appreciation in real estate prices in some areas of the country. … This is a wonderful time to take advantage of interest rates that are lower than they’ve ever been.”

Click the link to read the entire Real Estate Today Article.  Destin Florida is the place to buy the perfect condo or home.  Check out what is on the market and get ready to buy, buy, buy!  We want to be your real estate source at the beach.  Call us today real estate conditions have never been better.

Check out this article from the Philly Tablet Business section that talks about how Investors are buying at  the shore.  North Florida is the place to invest in!  A hidden jewel of beautiful resort style condominiums that smart investors are picking up for pennies on the dollar.

The term investor needs to be defined, though, just to be clear about what is happening.

“Investor can mean someone who is buying strictly to rent the property out as much as possible for as many years as they plan on owning it, then ultimately selling the place for an expected long-term capital gain at some point down the road,” Leiser said. “We are also seeing buyers who plan to rent their new property for only a portion of each summer and then use it themselves for the rest of the time. Or their plan could be to rent their new place for only a summer or two, before they convert it to personal use.”

Buyers see the current market as an opportunity to possibly “move up” — for example, to a beach block as opposed to a mid-island property — by taking advantage now of lower asking prices, as well as the ability to rent the house out for a while to help them carry the higher price of the more desirable location

Click the link to read the entire Philly Tablet Business News Article.

One of the best ways to update your home or condo at the beach and add value to your property is to 

remodel a bathroom.

Many home and condo owners are replacing tubs with walk in showers that are much more elegant, practical and create a sense of a much larger bathroom. Projects vary in price based on designs and materials used, but the results can be stunning. Learn more by going to 

McLendon Bulders, Inc. 

CALL

TODAY

For Any Home or Condo Project!

850-685-0050

What’s more, the real-estate market is starting to recover: U.S. houses lost $489 billion in value during the first 11 months of 2009, but that was significantly lower than the $3.6 trillion lost during 2008, according to real-estate website Zillow.com.

Read this article on investing in rental property

 

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