Lets dive into the details of February 2024 where data merges with aspirations and positivity shines bright.Single Family Homes; Riding the Waves of OpportunityIn February 2024 Browards market for single family homes showed resilience as it navigated through opportunities with unwavering determination.Despite a decrease of 0.2% in sales compared to the previous year lets stay hopeful as Browards real estate environment demonstrates strength and perseverance.Cash transactions, the lifeblood of deals remained consistent at 28.3% indicating a community that values stability and financial strength.However here comes the exciting part; the median selling price surged to $625,000 showcasing a 11.6% increase from February 2023.

Hello,I work for a family owned and operated company based out of Dallas, Texas.

I just recently bought a house which has quickly become my families home.

Member of your family need a Special Education Advocate, need advice, or questions around education.

Bedrooms/ Bathrooms.Get a good small family. 

One model I’m seeing investors doing is the rent by the room strategy / padsplit.IF done right, you can turn a single family home to function like a multiplex - increasing the cash flow by double, even triple oftentimes.Has to be the right property of course / layout / characteristics to minimize drama and conflict between roommates / tenants since it’s a longer stay than STR and spaces are shared but with the right set up and systems in place in can be extremely effective and super profitable.You can easily switch from STR to MTR since it’s already furnished and just make a few tweaks.I can definitely help you put some ideas together or connect you with some investors I know doing it in Jacksonville FL. 

I think family could have purchased for a small percentage under appraisal, even if balance owed was higher, if they wanted to keep it then sell it themselves.

in many markets you have to go OFFmarket to find the deals that cashflow. the MLS can be picked-over. this is obviously more work. there are markets that cashflow just fine even the picked-over properties. single-family is also USUALLY going to cashflow way less per unit vs multi, with LTRs. 

My family cannot live around there.

I want to ideally find an off-market single-family property as my first deal using g this strategy.