A good friend of mine that always seems to be on the right side of things once told me,

“You don’t make money in real estate when the market is hot, prices are going up and everyone is buying. You make your money as one of few buying when prices are falling and everyone is selling. That’s how the rich get richer”.

If the above declaration rings as true for you as it does for me, you may want to seriously consider investing in Florida Real Estate right now.

I am not saying that you should go into this blind. It is important that you first know what you are doing. Here you will find concrete evidence and a new way of looking at Florida Real Estate as more than a great place to live, but as an investment.

The opportunities in Florida Real Estate investment are bigger than they have ever been. There is no precedent for what we are seeing right now in this market.  The only thing that is certain? These opportunities will eventually disappear.

Future Florida Investors, Consider This:

$ To Build A Home > $ Buying a Home and a Lot
Home prices are so undervalued in this area right now that even if you own your own lot, you cannot build a home at current building costs for what you can currently buy a home and the lot for!

Example:
Let’s say you have a lot that you bought some time ago and now you’d like to build a house on it. You purchased the lot for $35,000 five years ago and, after taxes, and possibly some community dues or assessments, you have paid another $4,000.

Total investment = $39,000.

Home You Plan to Build:
2,000 square ft. 3 bedroom, 2 bathroom home with a 2 car garage.

Construction Rates:

Range from .70 to $200 per square foot depending upon a large # of considerations.

2000 x .70 = $140,000 – Time, Material and Labor
                    $39,000 – Lot Costs
                    $15,000 – Impact Fees, Architectural Fees, Misc
                    $194,000 – total investment

$194,000 for 2000 SF = 97 SF

In that same neighborhood, I routinely purchase houses for 35 to 55 Square Ft. After all expenses to renovate, re-market and sell to a new buyer, I typically resell these properties for less than 70 Square Ft. Typically my renovations have all new hard surface flooring, new kitchens with granite tops, new appliances, new fixtures and many other upgraded finishes.

70 SF x 2000 = $140,000

A similar home on a similar property in the same neighborhood for more than $50,000 less than the new home.

The best part is we just got a 30% ROI.

As a Florida Real Estate Agent I have a vested interest in the Florida Real Estate market:

• I am invested in local Florida Real Estate
• I work with investors under an arrangement in which I search for and find research and vet properties that meet a certain criteria. When we apply our formula, we can guarantee that the chosen property will yield us minimally acceptable ROI’s.
• I handle and manage everything needed to renovate, re-market and resell the properties.
   

I can only tell you so much through my Florida Golf Lifestyle website. Obviously there are qualifications to participate and a relationship of trust to be established. Please contact me if you would like to know more. I will be happy to flesh this out further.

Lastly, I’d like to sign off with one last piece of advice given to me by a wise and wealthy client…


“You don’t make or lose money when you sell. You make or lose money when you buy.”

To Your Success,
Ashton Reinecke