Month: June 2018

Why Investing Out of State Isn’t a Big Deal

There’s a lot of information (and mis-information) out there about whether you should invest in-state or out-of-state with real estate. The fact is, it depends…It depends on the kind of investment properties you’re looking for. It depends on the model you’re following (are you buying and holding, or fixing and flipping?). For our purposes here, we’ll focus on the core of the RP Capital way ‒ buying and holding single family residences (and maybe duplexes or fourplexes) to rent out. However, what

Not Your Typical Advice: 3 Contrarian Success Strategies for Real Estate

There’s a TON of information out there about how to make yourself more successful in real estate. I’m a real estate guy… and even I can’t follow it all. But the stuff I do see?Well, it’s a mix. Some of it’s really good. There’s a lot of “OK, I guess” in there. And way too much “just plain wrong”. And the advice is all over the place: You should absolutely handle property management yourself… except for everyone who says you shouldn’t… You should avoid flipping at all costs… except for all the

7 Strategies for Achieving Work-Life Balance

You hear a lot these days about how important it is to achieve a “work-life balance.” And it is important.We’ve all heard stories about (or witnessed first-hand) what happens when high achievers lose site of it. Broken marriages… missing the kids grow up and realizing too late that it’s already happened… completely avoidable heart attacks… it’s not pretty.So how do you do it? How do you achieve and maintain this oh-so-important balance between “work-life” and “life-life”?Well, everyone’s unique,

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.