Florida real estate investors who are seeking to invest in rental property. Many people that are new to the area are wary of hurricane areas and are moving to cities that get hit less frequently. The areas that receive lower amounts of damage include Tampa, Jacksonville, Tallahassee, and cities along the Florida Panhandle.
Another investment idea for Florida real estate investors is beachfront property. While this kind of property is one of the most expensive kinds to purchase, it also has a potentially high resale value. Not only that, beachfront condo or home can rent anywhere from about $500 to $5000 for a one week stay. On the downside, people seldom rent during the winter months so there is only about a 20 – 24 week rental period. For upscale properties yield up to $100,000 to $120,000 per year. Since beachfront properties are fairly expensive, beginners or investors with only a fair amount of capital to invest should shy away from this kind of Florida real estate investment.
Florida’s white sand and blue green ocean water is just two of the things that keep people coming to the area year after year. Whether they are new residents to the area or just tourists enjoying some sand and sun, the one thing they will always need is a place to sleep. This is what keeps Florida real estate at the top of the list for investors.
Masni Rizal Mansor provide tips and review on Floridareal estate, HoustonTX real estate, 401k and real estate investing.
Here are some more estate planning articles...
