How’s the market? Winter 2024
Thursday, January 11
Happy New Year! December stats show 7,000 active listings on our Northeast Florida MLS, still low in relative terms. December was actually 15% down on listings year over year. With a tight market and less options for buyers we also have motivated sellers. The holidays are always a slower time f...
My Renovation Update – A year in review
Friday, December 15
RENOVATION HIGHLIGHTS & LOWLIGHTS Scroll down for photos! What an incredible learning process this year has been. Twelve months ago, I began a renovation on my property in St Augustine. When I purchased the property, I inherited two tenants and had to wait the lease out on the main house bef...
Prepping your short term rental for the holidays
Tuesday, November 21
We are gearing up for two major holidays and this is the time to do a few extras to around your rental to make it a fun, safe and festive experience! Here are my tips: HOLIDAY NEEDS: Note the guests that are staying during Thanksgiving and Christmas. Reach out to them about any special request...
Why DSTs are the ultimate passive income solution
Thursday, November 16
If you’re ready to retire from landlording, you have a 1031 exchange that is within the 45 day window and no properties identified, or you simply want to get into a real estate situation that pays you back with no expenses, a DST or Delaware Statutory Trust may be right for you. Say goodbye to t...
How's the market? Northeast Florida - November 2023
Tuesday, November 07
With 7,135 active listings on the market and just over 3 months of housing supply, there are still not enough homes on the market and pricing remains strong. With pent up demand at an all time high, new construction increasing in market share and home prices strong, it begs the question, what wo...
Short term rental income: Meaningful or meaningless?
Tuesday, October 31
It is standard practice to want to see the annual revenue and expenses when you are purchasing a rental property. Going over earnings over the past few years gives you a sense of what you too could cash flow and is a way to value a business. But should we be applying this to short term rentals i...