Are you wondering if now is a good time to invest in single family homes? The answer is yes! Investing in single-family homes has become big business.
While Florida has had it share of suffering in the real estate market due to record foreclosures and a weak economy, it also left many people running to rent houses instead of buying due to their credit and other financial obstacles. For an investor this translates as a good time to purchase single family homes and rent them out. Mom-and-pop outfits, investment firms, hedge funds, private equity partnerships and real estate investors have all become big buyers of single-family homes- so why not you?
According to CNNMoney, Miami is one of the top 10 cities with the highest rent spikes in 2012, with a year-over-year rise of 10.8%, vacancy rate of 4% and median monthly rent of $1,900.
Additionally, J.P. Morgan Chase & Co. expects U.S. home prices to rise 3.4% up to 9.7% depending on certain economic growth factors.
So stop sitting on the sidelines and start buying your properties and put in tenants. Invest in single family homes and see returns. When the economy improves to the point where your renters can afford to buy again, sell and maximize your investment.
Being an investor is one thing- but being a landlord is a distraction.
When it comes to managing your residential properties, Octazon Management has got you covered. Our full-service property management company can handle everything from maintenance and landscaping to screening potential residents and even marketing and advertising your properties online.
Octazon is here to help bring you peace of mind by effectively managing any and all of your property needs. We provide you with the best service possible, managing your properties efficiently with advanced technology that allows us to stay connected with, and maintain transparency with, our clients.
With Octazon, rest easy, because we bring order to residential property ownership.
Call us 888-324-9528 or email us at firstname.lastname@example.org today.
Check us out @ www.octazon.com