The Impact of Delayed Evictions on Real Estate Investments

Delayed evictions occur when legal or governmental restrictions prevent landlords from promptly removing non-paying tenants, particularly evident during economic downturns like the recent COVID-19 pandemic. Eviction moratoriums were instituted to shield financially distressed tenants, yet these measures have posed challenges for landlords and property investors. Extended delays in eviction proceedings disrupt rental income crucial for […]

Growing Your Wealth Through Rental Properties in High-Growth Markets

Investing in rental properties is a proven way to build wealth over time. However, the key to maximizing your returns lies in choosing the right markets. High-growth markets offer the potential for higher rental income and significant property value appreciation. Here’s how you can grow your wealth through rental properties in these thriving areas. Understanding […]

The Get Real Guide to Vetting Property Managers

Starting a business is tough, and real estate is no exception. To make it past the first year is an accomplishment. If you’re a property owner, handling growth and managing properties effectively is crucial. Proper vetting ensures your property manager can handle your needs and contribute to your business’s success. This blog will walk you […]

Expert Strategies for Self-Employed Investors

Introduction to DSCR Loans If you’re self-employed and looking to invest in real estate, a Debt Service Coverage Ratio (DSCR) loan could be your key to success. Unlike traditional loans that require detailed income documentation, a DSCR loan qualifies you based on the income generated by the property itself. This means your investment’s potential, not […]

Decoding Real Estate Returns

Real estate investment entails a journey filled with numbers and strategies. Understanding financial returns is pivotal. Imagine starting with a $100,000 property, where leveraging at 75% transforms a 10% return into a staggering 40%. This underscores the power of comprehending real estate metrics. Let’s delve into the essential metrics to decode the complexities of real estate returns.

The Cost Of Waiting In Real Estate

Have you ever considered investing in real estate but felt overwhelmed by conflicting opinions? We understand how confusing it can be, and we’re here to guide you through the process with clarity and simplicity. In this blog post, we’ll discuss the fundamentals of real estate investment in a way that’s easy to understand, making it accessible for anyone interested in exploring this financial opportunity.

Why Online Real Estate Calculators Can Mislead You

Today, we’re delving into a crucial yet often overlooked aspect of real estate – calculations. It may not be the most thrilling topic, but trust us, it’s vital. So, buckle up as we break down the complexities of calculators and pro formas.

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.