The city is poised for a prolonged economic expansion. As 2019 ended, several Florida cities hit the headlines for incredibly low unemployment. Tampa, Florida, was near the top of the list. With a 2.2% increase in jobs and just 2.7% unemployment, the city sometimes called “The Big Guava” is poised for a prolonged economic expansion in 2020 and 2021. This is good news for real estate investors in all sectors
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EXIT Realty’s Tami Bonnell builds on human potential. For Tami Bonnell, CEO of EXIT Realty, everything in real estate is about opportunity. “Everything we do at EXIT is about helping regional owners, broker-owners and associates have more control of their businesses, their investing and their lives,” she said. We mentor our agents along the path to investing and so many of them choose to work with EXIT because of the
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Toorak is building new spaces in the real estate lending sector. Just a few years ago, there were very few options for real estate investors seeking to finance single-family rental properties, obtain single- family and multifamily bridge loans, or renovate single- or multifamily properties on an individual versus institutional scale. But in 2016, John Beacham, CEO and founder of Toorak Capital Partners and founder and former president of B2R Finance
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Why you may be confusing the two and missing out on your best options Fix-and-flip and hard money loans are among the most popular financing programs for investors in single and multifamily homes. Although they are two different products, many people both inside and outside the mortgage and real estate industries believe they are the same. This the furthest thing from the truth. Mortgage originators who work with these types
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Here’s what property managers must know to reduce the hidden risks in renters insurance platforms. Many property managers use fully automated renters insurance platforms. These solutions are efficient and effective. They deliver bottomline benefits to both property managers and residents. Most important, they help ensure 100% coverage of all leaseholders, 100% of the time. When implemented properly, a fully automated program eliminates time-consuming manual tasks for property managers and gives
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The BRRRR approach isn’t sexy or quick, but it does provide a clear path for building wealth consistently and with lower risk. The BRRRR—Buy, Rehab, Rent, Refinance, Repeat—strategy is all the rage today in real estate investment. Essentially, the BRRRR strategy is just buy and hold, but it approaches real estate as a flipper would. The big difference is, of course, that instead of selling to convert the built-in equity
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