RENTAL HOMES: SMALL INVESTMENT YIELD LARGE RETURNS IN ST CLOUD FLORIDA HOMES

RENTAL HOMES IN ST CLOUD FLORIDA– While news reports of a down housing market may have discouraged many would be homeowners from taking the plunge back into buying Real Estate;  investors flocked at the opportunity to scoop up distressed property at a huge discount. 

Contrary to popular belief,  Investors are not necessarily guys in business suits but rather average people with a basic understanding that timing is everything when it comes to buying and selling real estate. Buy low, sell high.  Declining value means opportunity. 

Investors watched the market here closely. As the glut of foreclosed homes hit the market, they had an ample supply of inventory to choose from. Most were looking for 3 bedroom 2 bath homes in St Cloud Florida. 

Why developments don’t work as good investments.

 While planned developments appeal to the average consumer, novice investors lost their shirts when the housing market peaked back in 2007.  Why?  Savvy investors look at the bottom line. Novice investors don’t. 

 Novice investors,  did not factor in the carrying costs and additional fees as part of their investment properties in St. Cloud Florida.  For that reason sub divisions while appealing to consumers as primary residences are attractive, are losing propositions for seasoned investors who know the burden of additional taxation such as CCD fees and Home Owners Association fees chipped away at their profit margins.

CDD fees (community District Development) are bonds the builders put in place to pay for amenities like sidewalks, street lighting,  club houses, community pools and common areas. These bonds are rolled into the property tax paid by Kissimmee and St Cloud Florida  home owners.

Comparing apples to apples, a 3 bedroom 2 bath home within the city limits of St Cloud Florida (outside of development) may have property taxes within a range of $2000-3000.  A similar home inside a development with  CDD fees would have a tax base of $3000-4000. Not including the additional cost of the home owners association fees.   It is not hard to figure out why they went belly up when the market went flat. They got caught short as value began to decline and the carrying costs were prohibitive from profitable renting.

Rental demand is on the rise.  The hundreds of thousands of people that got caught up in frenzy of the heated real estate market between 2005-2007 have lost their homes. As a result, they are now converted renters. Rents are predicted to rise annually as the demand for housing increases.  A 3 bedroom home in St. Cloud Florida will fetch $900-$950 a month.  A four (4) bedroom home can expect to yield $1200-1500 a month in the St Cloud Florida Area

While it is true that prices have slowly inched up over a year ago, at about a 6% gain, the selection of quality homes has decreased proportionately. What is coming to market now, are homes which have been in the foreclosure process for years in some cases. As a result they need a great deal of work to bring them back to rent-able status. 

 Early on, banks were reluctant to sell to investors, in fact, many would not.  They were holding out for the new wave of first time home owners who would finance the purchase through them giving them one more opportunity to try and recapture their bad debt.  That wave never materialized.  What did materialize were buyers offering cash for investment properties.

In a time where we are seeing values finally starting to rise, sompared to other parts of the country, Osceola County, specifically St. Cloud Homes have seen a median sales price rise on resale properties, which is  currently at $185,200.

When buying or selling A Kissimmee St Cloud Florida Home Market Study Shows Surprising Fact

When Buying or selling  a Kissimmee St Cloud Fl home Market study shows surprising fact

Consumer Fact:

Only 4% of the consumers polled by the National Association of Realtors reported that Company Brand mattered. 

90% are looking online. Just as you are right now.

Real Estate is local.  What you look for is:  a property that meets your needs, appeals to your individual tastes and preferences, and one that will match your financial ability.  Next is finding a local Real Estate Professional to assist you. 

Realtors®  and Real Estate Agents

Realtor (pronounced Real-tor) are members of the National Association of Realtors® Real Estate Agents are not necessarily Realtors but all must be licensed.

                                                                                                   St. Cloud Homes & Land, LLC we are both.

 St. Cloud Homes & Land, LLC is a local Real Estate  Agency specializing in Residential Real Estate. This includes a large selection of St. Cloud Florida homes, vacation homes, town-homes, and condos. We also service Kissimmee Florida homes, vacation homes, town-houses, and condos.   We are local Real Estate specialists.

We are able to bring you the latest listings through our  Property Searches Page, seamlessly, and from the comfort and convenience of your current home.  By allowing you to preview online the current list  Kissimmee or St. Cloud H0mes for sale, it gives you an opportunity to see what is available and what will fit in your budget.  Once you contact us, we can organize a specific search based on your criteria and narrow down the best matches individually tailored to your needs.

  A large brokerage employing  many many  agents are much more likely to have a higher percentage of non producing agents, less Broker interaction and layers separating the consumer from the actual Broker.

The larger the company, the  more departmentalized  they have become.  Kind of like big Government.  The basic procedures, do not differ all that drastically from  a smaller family owned operation for instance.  Large or small, the mechanics of the Real Estate Industry are all basically the same.  We work with buyers and sellers to achieve a successful sale.

In Kissimmee St. Cloud Florida the mainstay of our community is small business. Businesses locally grown; which employ local people; servicing the local community.  Homes for Sale In St. Cloud Florida vary in architectural design, from historic to modern.  It is the sense of community which brings people together and it is why people want to live in St Cloud Florida, buy homes in St Cloud Florida and choose to buy businesses here in St. Cloud Florida.  

At St. Cloud Homes & Land, LLC we pride ourselves in being people oriented. Yes, we sell property.  A lot of it, but it is really about putting people together with properties they love.  It is about providing great reliable service, integrity and honesty.

 

Homes & Land, LLC,. A local St Cloud Florida Real Estate Brokerage.

Committed to excellence and superior customer service, the emphasis has always been on Unparalleled Customer Service which begins with YOU. St. Cloud Homes & Land, LLC has performed consistently and grown over the years. What makes us successful is our commitment to you.

Knowing a little about us is nice, but Focusing on what is important to you is what we do best!

Whether Buying St Cloud Florida Homes & Land, or Selling St. Cloud Homes or Land, Allison will take the time to find out what is important to you, answer your questions, and share important information on current market conditions.

Licensed and Certified we specialize in ALL aspects of residential Real Estate. From contact to closing we are with you every step of the way, answering your questions, overcoming obstacles and getting you to the Closing table as stress free as possible. Our team consists of like minded, friendly knowledgeable Sales Associates who offer outstanding Customer Service. We guarantee you love what we can do for you in making your Home Buying or Selling Experience with us a good one.

St.Cloud Homes & Land, LLC is a full service Licensed Real Estate Agency Providing OUTSTANDING customer service and commitment to excellence for its clients. Kissimmee Homes, St Cloud Florida Homes, Kissimmee Vacation Homes, Kissimmee Town Homes, Kissimmee Condos, St Cloud Vacation homes, St Cloud Town Homes, St Cloud fl historic homes, St Cloud Fl condos, all OSceola County Real Estate Properties.

Our Customer call us ” The best in business”, call us 407-545-8002

St.Cloud Homes & Land, LLC is a full service Licensed Real Estate Agency Providing OUTSTANDING customer service and commitment to excellence for its clients. The best in business, call us 407-545-8002

St.Cloud Homes & Land, LLC
Providing Professional Real Estate Services
2490 Bronco Drive
St. Cloud, FL 34771
Phone: 407-545-8002 | Email: Allison@Kissimmee-stcloudflhomes.com