Below is a question raised by a prospective buyer, owner or seller of Florida property and the advice we were able to give:
after speaking to various realators and reading various information reports i seam to get the idea that with a good management company you could break even if you pick a well priced property for a cash sale in the right area. is this because of a code of conduct or alike or do very few people actually make an income profit each year.
You are correct in saying that “you could break even if you pick a well priced property for a cash sale in the right area.” – but there are no guarantees and I cannot over-stress how important it is for you to do your research before making any commitment. Our experience is that the most satisfied clients are those who manage their property as a business and in particular do their own marketing – in other words, don’t rely on management company efforts.
Please read through the notes on our web site (click below on Web Reference) and just let us know if we can help further.
This is only one of many questions we’ve answered about Florida property. For free help and guidance tailored to your own individual plans relating to Florida real estate, please visit our Florida property website.