Month: March 2018

Scaling Up ‒ Ready for Multifamily Housing?

The time may come in your real estate investing journey when you ask yourself, “Is it time to get into multifamily housing? Am I ready?”Well, that depends on a lot of factors, to say the least. But here are a few thoughts to help you answer this question…The Same ‒ But MORE of the Same…The good news is, in some respects multifamily isn’t completely different from investing in single family residences. It’s kind of the same…You’re looking to provide individuals and families with a place to live.

Time ‒ The Greatest Investment of All

“How much is my time worth?” That’s a great question we should regularly ask ourselves…It often goes along with questions like “How much time do I spend on a certain type of project?” or “Is there a way I can spend my time more wisely?”If you want to go to the next level with valuing, managing, and “getting the most out of” your time, here’s an important perspective that can open a lot of doors for you:What matters isn’t so much how you spend your time. What matters is how you invest your

In One Word ‒ Why To Invest in Real Estate

Here’s a question: what word is being defined here ‒ “a machine which amplifies an input force to provide a greater output force”?The answer: a lever. A very simple and powerful tool, precisely because it multiplies the force that you apply to it. And, of course, when we use a lever… we call the advantage it gives us leverage.This is a powerful principle when with mechanical objects, but what we’re concerned with here is financial leverage. Specifically, the kind of financial leverage you have

Ocala, Florida

DEMOGRAPHICS
Unemployment Rate: 4%
Recent Job Growth: 3.4%
Median Income: $46,798
Population: 360,000
Population change since 2010: Up 38%

AREA INFORMATION
Median Home Price: $172,000
Vacancy Rate: 5.2%
Average Commute: 25 min
Average Temp: 43-91

www.bestplaces.com
www.citydata.com
Ocala, a small agricultural and manufacturing center, is about halfway between Gainesville to the north and Orlando to the southeast. With its attractive tree-lined streets and Old South–style homes, it more resembles a typical Southern city than a Florida city or beach town. Ocala is the capital of Florida’s thoroughbred industry, and ranching and horse-breeding are popular

Highlights

    • Housing growth in and outside the city is largely driven by retirement and new families looking for somewhere that feels like home. Lots of families find this in Ocala because of the comfortable southern feel. The cost of living is 6% below the national average and interest rates are low.

    • Located in the heart of central Florida, there is easy access to attractions found all around the state. Ocala also houses many attractions of its own, including The Appleton Museum of Art, Fort King National Historic Park, and Silver Springs State Park.

    • Job growth increased by 3.4% in 2016, and continues to do so. There are many employment opportunities in manufacturing, healthcare, and sales. The presence of Lockheed Martin, provides many jobs in the manufacturing of advanced technology.