A Good Time For Real Estate Investors to Sell

As Rental Rates slow and decelerate it's a great time for Real Estate Investors to Sell. Till now, rents have risen and home price appreciation has been exceptional. In the past three years rental rates have soared 17% while typical home prices have increased 35%, depending on the area. All of this was taking place when interest rates were low. Homes prices are now going down along with rental rates. We also have a 40-year high in multifamily construction which means thousands of rental units will be hitting the market in upcoming months and the next year driving down rental rates. Sales Inventory for Existing Homes is at about 1 million, a historic low. It would take 100% growth to reach adequate supply. This is where Real Estate Investors can help the market and themselves with a tidy profit. Why chance losing equity and lower rental income? Some organizations are calling for a federal incentive to help bring needed inventory to the market in the form of capital gains relief to real estate investors who sell to first-time home buyers. The problem with this theory, most first-time home buyers who haven't already purchased a home wouldn't qualify with the current interest rates. If we desperately need inventory on the market, give capital gains relief to real estate investors without restrictions. Are you ready to Sell your Investment Property? Give Me a Call!    

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Buy Your Destin Vacation Rental Investment Property Now

With Spring Break not far off, now is the time to Buy if you want to get in on a Peak time for Vacation Rental Income. We can get you closed and Ready for Business by March 1st. March and April are two great months for Vacation Rental Income. Spring Break come at different times all over the Midwest and South keeping your Rental Property booked. What a great way to start out with your New Investment Property.   Home Prices have been dropping, but I think they have dropped about as low as they are going to. Many have dropped their List Price 10-20%. The market crash is not going to happen as it did in 2008. The difference, Owners have plenty of equity in their properties. There's only so much land close to the Beach in Florida with more residents making Florida their permanent home. That's why you won't see any crazy deals like you saw in 2008.    There are Owners who are ready to Sell for one reason or another. This is where you might get an Owner to Accept a reasonable Offer. If you have questions about True Rental Income, not projections from Vacation Rental Companies (they always give you best case scenarios to get your business), please give me a call.    I will give you a breakdown on Rental Rates, Expenses and Gross Income.   I look forward to working with you and have a Great 2023!

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