Archive for the ‘Real Estate Investment’ Category

Turning Foreclosures into Rentals

Thursday, January 12th, 2012

The topic of foreclosures within the housing market is a complex and intricate subject that has plagued our nation for the past few years. Now, Federal officials are taking steps to rectify the foreclosure situation. According to a recent article on CNN Money, Federal officials are hoping to launch a pilot program early this year to convert government-owned foreclosures into rental home properties. This plan would sell foreclosed homes owned by Fannie Mae and Freddie Mac (mortgage finance guarantors) to investors in bulk, and then will be converted into rentals.

Officials hope that by placing these homes within the rental home market, the homes will be put into productive use and will stabilize neighborhoods and housing values. Also, this plan would expand the supply of rentals available for hopeful homeowners. Until now, most foreclosed homes have been sold individually because investors demanded bigger discounts for buying a larger number of homes.

The Federal Reserve has already tried to boost real estate sales by pushing mortgage rates down to record lows through massive bond-buying programs, but the renewed push for housing help indicates that the Federal government is urging for a revamp of efforts. According to Jaret Seiberg, a policy analyst with the Washington Research Group, “The Federal Reserve is signaling in event stronger the need for the government to do more to help housing.” Hopefully, these plans to revamp the home market will prove successful.

No matter the housing market condition, the team at Rental Home Management will be there to guide you through the rental process. Please do not hesitate to call us at (407)261-5610 for all of your Orlando rental home needs.

Fall 2011 Orlando Housing Trends

Tuesday, October 18th, 2011

If you are looking for a home in Orlando this fall, you might be in luck. This fall is a great time to buy a home. With extremely low mortgage rates and falling home prices, it will be easier to find a good deal on your next home in Orlando. There are tons of foreclosed homes on the market, which puts downward pressure on home values.

Mortgage experts are saying that mortgage rates will stay at this record-low level until at least the end of the year. They believe that once the economy begins to pick up, mortgage rates will see an increase as well. Mortgage experts also believe that the strong standards and strict underwriting requirements that lenders must uphold will not change any time soon. Lenders are under a lot of pressure by the government because of their past actions when they lowered the standards so that more people could become homeowners.

Also, experts are noticing that many investors, whether they are individual investors or investment groups, are buying foreclosed homes at low prices (and low interest rates) and then renting them out. This is because they can make more money by renting a foreclosed home, rather than selling it at a deeply discounted price. Investors plan to wait until the housing market picks up and prices start to appreciate before they think about selling the property.

If you are looking for a rental home company in Orlando whose goal is to maximize the return on your investment, choose Rental Home Management Services, Inc. in Orlando. Call us today at 407-261-5610.

Longwood, Florida – An American Colonial City With Small Town Charm

Tuesday, October 4th, 2011

The historic city of Longwood, FL is located in Seminole County, just west of Winter Springs. Longwood is one of Seminole County’s oldest cities and is rich with American colonial history. If you are looking to move to Seminole County, the city of Longwood has much to offer including 29 movie theaters, 2,327 restaurants, 161 public golf courses, and 32 libraries all within 15 miles!

Longwood has a charming Historical District, which spans 190 acres and offers 37 fascinating historical buildings including the Bradlee-McIntyre House and the Longwood Hotel. The Bradlee-McIntyre House, which was moved to Longwood from Altamonte Springs, is a Victorian cottage-style house built around 1885 for the Bradlee family. It is the only surviving “cottage” in both Orange County and Seminole County. This house is a Queen Anne Style three-story, 13-room vacation house featuring an octagonal tower and classic “ginger-bread” trim.

Longwood is unique in that it provides a comfortable, safe, small-town atmosphere while situated within the larger, dynamic Orlando-Kissimmee Metro Area. The city of Longwood promotes long-term prosperity and encourages smart growth in harmony with the city’s unique heritage and urban surroundings.

If you are looking for a home in Longwood, or anywhere else in Seminole County, please visit our website for a list of properties in this area or call 407-261-5610 to contact us in Orlando at Rental Home Management Services.

The Charming City of Sanford, FL

Tuesday, September 27th, 2011

Sanford, incorporated in 1877, is one of Central Florida’s oldest cities and features a warm small-town atmosphere.  Sanford is located along the St. John’s River and features beautiful oak trees, brick lined streets, Victorian-style homes, great weather, enticing culture, live entertainment, “southern” hospitality, and much more!

Sanford is a fast-growing community that offers job opportunities and prime real estate. This city is rich in Florida’s history and has a strong sense of community. The cultural aspect of Sanford includes a number of specialty art galleries and boutiques that have developed into a unique and diverse “arts district”. The downtown area of Sanford is charming and every Saturday morning, Magnolia Square features a Farmers Market and jazz music.

The city of Sanford is also home to the Central Florida Zoo and Botanical Gardens, where you can see over 400 animals, cool off in the Wharton-Smith Tropical Splash Ground, zoom through the trees at ZOOm Air Adventures, play laser tag, take a train ride, and even drive a Segway!

If you are looking for a home in Sanford, or anywhere in Seminole County, please visit our website for a list of properties in this area or call 407-261-5610 to contact us at Rental Home Management Services in Orlando.

Invest in Residential Real Estate – Great!

Wednesday, February 16th, 2011

Lately I have been reading some articles and hearing some opinions stating that real estate as an investment is dead.

ARE THEY CRAZY?!?!

Want to earn 6% on your money? Purchase a residential home. Pay $145,000 cash. Market Rent $1595.00. Let’s see . . . . .

Annual Figures:
Oviedo, Florida                             Purchase Price $145,000.00
4 bedroom 2 bath home with 2037 square feet of living space.
Market Rent $1595.00 per month

Where else can you get this return today?

Now I realize this is a simplified analysis but find a residential rental home you would like to purchase and work these numbers on it.

Residential real estate is a solid investment. The problem is how people buy real estate not that real estate is not a good investment. If you over leverage (borrow) or do not gain knowledge as to how much the market rent will be you may make a mistake.

So find that residential property, call Rental Home Management Services, Inc. (407-261-5610) or visit our website www.renthomefl.com) and we’ll give you the estimated market rent and help you manage your investment for long-term cash flow.

As always . . This is my opinion. I welcome yours as well.