Marco Santarelli

JANUARY 25, 2023

Recessions in the real estate market can also cause a decline in the value of commercial buildings because tenants may find it difficult to keep paying the rent. Property values may plummet and commercial real estate may become less in demand as a result. Here are some strategies for investing in real estate during a recession.

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Realty Biz

NOVEMBER 14, 2023

Focus on Income-Producing Properties In times of market correction, income-generating properties such as multifamily units and commercial real estate tend to fare better than speculative residential investments. During a market correction, renovating and repositioning properties can be a lucrative approach.

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Realty Biz

SEPTEMBER 23, 2021

Home equity can be tapped for renovations, college loans and more. of all closed residential sales in Miami were distressed last month, including REO (bank-owned properties) and short sales, compared to 3% in August 2020. In 2009, distressed sales comprised 70% of Miami sales.

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HomeLight

FEBRUARY 4, 2022

Barnett, for instance, will walk the property with clients (or via video) to identify things that would need to be repaired or renovated. HUD also gives links to other places where you can find single-family homes for sale though other federal agencies, including the IRS , the Real Property Utilization & Disposal site of the U.S.

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Marco Santarelli

DECEMBER 20, 2020

In other cases, the investment property is the one in desperate need of repairs or renovations. Fix-and-rent is a hybrid of these two approaches, buying homes in need of repair, making the needed renovations and repairs, and then renting out your newly desirable rental property.

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HomeLight

AUGUST 24, 2022

If a home-buying company has expressed interest in buying your property, Cohen says to check with sunbiz.org — the Division of Corporations, which is the state of Florida’s official business entity index and commercial activity website — to make sure the would-be buyer is a legitimate company registered with the state of Florida.

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HomeLight

JANUARY 31, 2022

works on many sales of rental properties. Jacobs estimates that 90 to 95% of the commercial transaction he handles involves tenants staying with the property. Another reason to sell a vacant property is that you’ll have the opportunity to make any renovations, repairs, or upgrades without disturbing the tenants.

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