Don’t miss a single show!

There’s no doubt we’re seeing a tightening market. In Florida, especially in the Tampa Bay market, we’re seeing demand outpacing construction; leading to higher prices in asset classes across the board. For investors, this means choosing the right investment property for your portfolio may take a little more work. That’s not to say a great investment isn’t waiting out there for you, it may just require a little creativity.

Ken Rosen knows a thing or two about creativity. As one of the leading innovators of South Florida real estate investing, Ken was a pioneer of condo conversions, reinvigorating the area’s multifamily market. Mr. Rosen has continued to be a driving force in South Florida real estate, working with a variety of asset classes before focusing mainly on office investing.

With over 30 years of investing experience and insight and over $500 million in transactions, Ken has earned a respected reputation among investors. He remains an active investor, mentor and educator as well as a best-selling author.

This episode, Ken provides his insight into where the market is at, where it’s heading, and how the right buying strategies can help you make the right investment.

---

“One good real estate investment is worth a lifetime of labor”

Buying Strategies for Smart Investments

• Properties with long-term owners of high return opportunities
  • Under-market rates
  • Room to increase rents
• Account for inflation when writing multi-year leases
  • Office, Flex, Industrial
• Look for “B” buildings in “A” locations

Investment Properties to Watch

• Self-storage
• Multifamily

Resources

Check out Ken’s best-selling book, “Investing in Income Properties: The BIG SIX Formula for Achieving Wealth in Real Estate” for even more insight into Ken’s buying strategies.

For questions or investment opportunities, call Ken directly at (305) 469-6708 or email krosen@kendar.com

The post Ep. 137 Ken Rosen: These Buying Strategies Can Help You Choose the Right Investment Property appeared first on Real Estate Investing in Florida.

Don’t miss a single show!

Single family investors know that keeping up with rental properties and tenants can be a hassle. In addition to dealing with property management, investors must also manage tenants. While a single family rental is a great way for many to earn cashflow, it can be tough to stay organized.

Our guest this week, Gregory Radford knows a thing or two about organization. A decorated military veteran, Greg became a de facto single family rental investor while still serving in the Army. After renting out his home he had purchased using his V.A. loan, he had his Eureka moment. He saw the investment potential of the V.A. loan and leveraged that into becoming a successful single family investor.

Combining the organizational skills and discipline he learned in the Army with his loquacious attitude, Greg created a strategy for earning hassle-free cashflow through single family rental investments. Starting Radford Homes with his wife, Greg is an active single family rental investor in Polk County.

V.A. Loans

• Federal loan program for military vets to put money down on a home
• V.A. loans can be reused as many times as the loan limit allows
  • Homes must be inhabited for 12 months
  • Loan limits vary by state/county
  • Polk County: $424k

5 Tips for Hassle-Free Cashflow

• Niche Marketing
  • Strategic, intentional marketing
• Custom Rental Applications
  • Send pre-scripted correspondence to potential tenants with explicit application instructions.
  • Tenants who fail to follow instructions are disregarded
• Tenant Screening
  • Active listening
  • Asking ope-ended questions during tenant interviews
  • Find out about prior residences
  • Check social media
• Open House for Rentals
  • Controlled open houses
  • Open houses 2x/mo. cuts down on scheduling showings and creates urgency among potential tenants
• Cash-Free Payments
  • Requiring proof of bank account assures tenant’s financial credibility
  • All payments sent through electronic funds transfer or cashier’s check

Investor Resources

• Gary Keller – “Hold”
  • single family rental investing
• Gary Raulston – “Real Estate Principals: A Value Approach”
• Bureau of Labor Statistics – monthly reports

Contact Greg

• On social media @Radford Homes
• By phone: (863)410-0877
• Greg is currently looking to expand into multifamily investing in Polk County

The post Ep. 125 Gregory Radford – 5 Tips for Earning Hassle-Free Cashflow Out of Your Single Family Rental appeared first on Real Estate Investing in Florida.

Don’t miss a single show!

There are many strategies investors can apply in real estate investing. Some offer big risks and bigger returns, some offer a stable, long term earnings. While it may not be the flashiest investment strategy, investing for cashflow can provide long term stability and act as a cushion in the event of any unforeseen market downturns.

Pete Kuc, Co-Founder of May Real Estate Group, got a crash course in the big risks of speculative investing and learned the power of passive income and investing for cashflow the hard way.

Following the 2008 market crash, Pete was forced to reassess his approach to real estate, but what he has since learned about investing for cashflow has paid off. He has grown this strategy into a thriving turn-key investment company serving northeast Florida.

This episode, Pete talks about cashflow investing and gives us a recap of the Jacksonville and northeast Florida markets.

Investing for Cashflow

• Buy-and-hold strategy
• Fix-up, rent property, build equity
• Not based on speculative appreciation

NE Florida Markets

• Jacksonville, St. Augustine, Palm Coast
• Jacksonville: strong natural growth, prices lower than other Florida markets, good rental returns; Orange Park neighborhood

Finding Deals

• Direct homeowner marketing
  • Mailers
• Finding off-market deals
• Wholesalers
• National Community Stabilizing Trust
  • Fed Program offering off-market deals at discount
  • For non-profits, but community investors may be vetted for program
• Real Estate Investor Associations (REIAs)

Investor Advice

• Consistence and persistence is key to success
• Keep letting people know you are a player in the game

Contact

To find out about the turn-key investment services offered by the May Group, visit www.kigjax.com. To find out more about investing for cashflow or to learn more about what is happening in the Jacksonville real estate market, message Pete directly on Facebook.

The post Ep. 120 Pete Kuc: Investing for Cashflow and Jacksonville Market Recap appeared first on Real Estate Investing in Florida.