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Showing posts from October, 2013

Tampa Bay and orlando #homes included in #Blackstone's first #rental-backed security deal.

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In the first-ever REO-to-rental securitization deal (REO stands for real estate owned) Blackstone is packaging rental income from single-family homes it owns into a pass-through security, similar to a mortgaged-backed security, and seeing who wants some. After New York, the reported $500 million deal’s lead manager Deutsche Bank , along with underwriters JPMorgan Chase and Credit Suisse, take the dog and pony show to Boston tomorrow and Los Angeles on Friday. Even with one rating agency, presumed to be Moody’s, supposedly bestowing the coveted AAA stamp of approval on the deal, investors may have a hard time figuring out if the new asset class is a trick or a treat. It’s easy enough to see why the world’s largest private equity company, after spending close to $7.5 billion amassing a portfolio of 40,000 foreclosed single-family homes it intends to rent, wants to get money out of the “trade,” as Reuters calls the deal. The new securities will likely include some of the homes that we

How to Buy a Vacation Rental in Florida

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Florida is one of the most popular destinations for tourists and seasonal residents the world over. With numerous theme parks, zoos, beaches, and consumer-friendly tax laws, Florida is an ideal place to invest in rental property. However, Florida's competitive real estate market can easily lead to potential buyers overextending themselves to acquire rentable properties. Because of the diversity of available properties, buyers seeking a vacation rental should look for property with year-round appeal. Get more info with professionals at : Instructions 1Pre-qualify for a mortgage. Contact your bank or credit union to determine the amount for which you qualify. This is crucial to identifying what type of property you can afford. Vacation rental buyers should factor in down payment, property taxes, maintenance costs, and monthly mortgage payments. An alternative is to refinance your current home to improve your qualification rate for a mortgage on a vacation rental propert

Capital growth vs rental income- Long-Term Income Opportunities in U.S. #Real Estate

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Capital growth vs rental income- Long-Term Income Opportunities in U.S. Real Estate It is one of the most debated questions in real estate: Which is better, capital growth or rental yield? Successful long-term investors in both camps argue that their preferred strategy works best, but many believe a blend of both approaches is the safe and sure way to build wealth. Others say they can find individual properties which offer both strong capital growth and high rental yield. Those who favor capital growth say it is the mose direct way to build a nest egg because their net worth grows hand in hand with the increasing property values But investors who prefer rental yield (return) say their properties pay them more than the properties cost to own, ensuring positive cash flow from day one. "Cashflow is King," is the catch cry of the rental yield investors who love the security of having money in their pocket while they continue to build their portfolio. Deciding which strategy i

Property Upgrades = Increased Rent$ - #vacationrentals ,#buytoRent-Landlords and Property #Investments

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News tip: #rentals #housing is in high demand right now. In the past, a property owner has been able to put their up their rental house with little money going into the property and receive a substantial return. That has changed due to market fluctuations and tenant expectations. In order to gain a positive impression from a potential tenant, you must take into account the curb appeal of your rental house, as well as updates to the interior. Another way to a attract more renters, increase rental rates and have happy renters who stay longer is take a minute to do a few upgrade. Upgrades can be divided into three main categories: Must do now, make it look good and preventative. To keep your rental property looking good and running smoothly you will need to create a checklist of tasks that need to be performed on a routine basis, which we will cover in the next chapter on maintenance. Right now we want to take a look at the concept of upgrades on your property and remember the goal

Great Investment - 4Bedroom -2Bath home -Dr phillip orlando

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Market Trend: The List Price Slowdown-#Rents Up 3.0%

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According to Trulia Price Monitor and the Trulia Rent Monitor are the earliest leading indicators of how asking prices and rents are trending nationally and locally. They adjust for the changing mix of listed homes and therefore show what’s really happening to asking prices and rents. Because asking prices lead sales prices by approximately two or more months, the Monitors reveal trends before other price indexes do. With that, here’s the scoop on where prices and rents are headed. Asking home prices increased 2.0% month-over-month in September. However, the quarter-over-quarter increase – which is less jumpy – was 3.0% in September, the smallest gain since February. Although monthly price changes remain volatile, the overall trend shows that price gains are slowing down, despite the fact asking prices were up 11.5% year-over-year – the largest increase since the housing crash. How can there be a slowdown if year-over-year prices are hitting new highs? Because the year-over-year cha

7326 Burnway Drive, Orlando, FL - Dr Phillip , orlando Pool home for sale -Great deal

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JUST LISTED 7326 Burnway Drive, Orlando, FL Bedrooms: 4 Bathrooms: 2 full Living Area Approx: 1983 List Price: $ Get Current Price