All Things Real Estate, Business & Community

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Posted by MARGARET MICHELLE WILLIAMSON on April 8th, 2020 10:10 AM

HUGE HOME WITH SPACE FOR EVERYONE! Come take a tour of this three bedroom, two bathroom home with large open living spaces! You will love the kitchen that includes a breakfast bar, eat-in area and tons of cabinetry, the master suite with walk in closet and extra large bathroom, the bright living room with stairs down into your massive bonus room that has the ability to be any kind of room you want. There is also a separate office space that could be used as a gym room or fourth bedroom. Bring your tools and equipment because there is an incredible workshop/garage with extra open space in the back and another insulated outbuilding for all of your storage needs. The property measures over half an acre and is located just minutes from the City of Arcadia. Book your private tour today!

Posted in:General
Posted by MARGARET MICHELLE WILLIAMSON on April 8th, 2020 10:00 AM

INCREDIBLY RARE FOUR BEDROOM, THREE BATHROOM HOME ON OVER 5 ACRES OF FENCED PASTURE LAND. This breathtaking home was built to show off it's classic design and amazing architectural style. The grand entry way draws you in a voluminous layout made for entertaining. This home boasts a tremendous kitchen featuring an island and breakfast bar, a lovely dining room, gorgeous flooring throughout the home, two master suites, two spacious guest bedrooms and pristine bathrooms! You will love the sparkling pool with surrounding deck, the two functional outbuildings (one with air conditioning), the beautiful trees and landscaping, the gated entrance and the back covered porch for outside dining and entertaining. This property provides the best in country living with convenient access to schools and restaurants. Call your real estate agent today for a private tour!

Posted in:General
Posted by MARGARET MICHELLE WILLIAMSON on April 8th, 2020 9:54 AM

Perhaps you’ve heard about the many benefits of investing in real estate, like earning passive income, maintaining control over your investment, and diversifying your portfolio to protect yourself from changes in the market. Ready to take the leap and reap the rewards, without taking unnecessary risks? Here are a few steps you’ll need to take to purchase and start managing your very first investment property.

 

The Initial Purchase

 

When you buy a home that you plan to live in, you can make an offer with a small down payment, but when you’re purchasing an investment property, you will generally have to put down about 20 percent of the home price. Don’t get discouraged if this means that you cannot invest in a home in a wealthier neighborhood. Instead, aim to buy an affordable home in an area where new businesses and services are starting to pop up. Ideally, you should settle on a property in a neighborhood where you can expect home prices to increase in the coming years. That way, you’ll be able to raise your monthly rental price accordingly and bring in more income.

 

As you conduct your research, you’ll want to link up with a real estate agent who specializes in working with investors. Not all agents are created equal, so make sure that they have plenty of experience with investment properties in the area where you plan to buy.

 

Inspections and Renovations

 

After you go through with your home inspection (you’ll likely spend $300 - $500) and officially close on your home, you’ll know which repairs and renovations you’ll need to pay for. During the inspection, make sure to carefully evaluate the quality of the central air conditioning system, especially if you live in an area where tenants will frequently use the AC during the warmer months. If the system is in need of repair, you could end up dealing with some very unhappy tenants when the weather heats up.

 

If the inspection results indicate problems, you may want to negotiate repair costs with the seller. Replacing the central AC system is an expensive project, but the overall cost will vary based on the size of your unit, the difficulty of removal and installation, the necessary materials, and the labor costs for the removal and disposal of the old system. Overall, you should expect to spend about $3,757 - $7,277 on installation costs.

 

Marketing and Meeting Tenants

 

Once you’ve replaced any outdated appliances and polished up the interior and exterior of your property, it’s time to start marketing your rental. Bigger Pockets suggests having professional photos taken to advertise online, listing your property on several rental sites, and putting up a “For Rent” sign in your front yard.

 

As you schedule viewings with tenants, use it as an opportunity to get to know them and learn more about why they want to rent your property. Going forward with a credit check and obtaining proof of income is the best way to determine whether they will be able to pay rent on time.

 

Being a Responsive Landlord

 

According to FindLaw, landlords are responsible for repairs, routine maintenance, and letting their tenants know when they will need to enter the property. Want your tenants to stay long term so that you don’t lose out on income while the property is vacant? Make sure to respond to their requests in a timely manner, especially if your property is in need of an emergency repair. If your tenants know they can count on you, they’ll stick around for years to come!

 

Investing in real estate is a smart choice for your financial future, but it pays to do your research before rushing to invest in a particular property. When you invest in the right neighborhood, renovate your property with modern fixtures and appliances, and run thorough background checks on tenant applicants, you’ll be able to increase the value of your rental, prevent extended vacancies, and gain a steady source of income. 

Article Courtesy of:

Katie Conroy

Advicemine.com

Posted by MARGARET MICHELLE WILLIAMSON on April 2nd, 2020 9:49 AM

This well maintained duplex features 2 bedrooms 1 bath units and is located conveniently close to the Historic Downtown Arcadia, shopping stores, and restaurants. Both units have central heat and air with one vacant unit and the other is tenant occupied. Occupied Unit receives $600/month. No lease, tenant is month to month. Property could be a great investment opportunity. Book your showing soon.

Posted in:General
Posted by MARGARET MICHELLE WILLIAMSON on April 1st, 2020 8:52 AM

1 incredible lot nestled right on the Courtland Waterway in Port Charlotte near Murdock! This property measures almost quarter of an acre and is wooded. Per Charlotte County Zoning Department, a single family home can be built on the property. Keep some of the trees or clear all of the land. This would be the perfect dream home site and Charlotte County is growing immensely so get it on the action before prices go up. You will have space to breathe and entertain! Drive by today!

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Posted by MARGARET MICHELLE WILLIAMSON on April 1st, 2020 8:47 AM
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Posted by MARGARET MICHELLE WILLIAMSON on March 31st, 2020 9:41 AM
Posted in:General
Posted by MARGARET MICHELLE WILLIAMSON on March 31st, 2020 9:41 AM

Down home country, fully furnished cottage for sale offered at only $90,000!!! Buyers will love all of the many features of this home including the open floor plan, the pristine bathrooms, a gorgeous kitchen with breakfast bar and spacious bedrooms! The home also has a large front porch for enjoying the cool Florida mornings and a beautiful view of the pasture land next door. Store all of your tools and equipment in the bonus storage building out back. Located East of Arcadia, you will be minutes from local necessities all while enjoying the peace and quiet that only a country lifestyle can bring. Please call your real estate agent today! This property is priced perfect and is ready for it's new owner.

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Posted by MARGARET MICHELLE WILLIAMSON on March 30th, 2020 1:40 PM

Your search stops here! Three bedroom, one bathroom concrete block home under $55,000 and ready for it's new owners! Enjoy the large living room, great kitchen with bright cabinetry, and spacious bedrooms! The home has a metal roof that was installed in 2018! The property is just minutes from Arcadia, but you won't have to pay city taxes on this home! Enjoy quick access to local schools and restaurants. The yard is big enough to entertain family and your furry friends are sure to enjoy!! Call today to book your private tour around this beauty! It is sure to be gone before you know it!

Posted in:General
Posted by MARGARET MICHELLE WILLIAMSON on March 30th, 2020 1:39 PM

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