23 min listen
Kathy Fettke: Demographics & Hot Markets with Florida Expert
Kathy Fettke: Demographics & Hot Markets with Florida Expert
ratings:
Length:
29 minutes
Released:
Sep 23, 2021
Format:
Podcast episode
Description
Wondering where's the best place to own real estate over the next decade? Follow the demographics.When Rich and I started buying properties out of state in 2004, we chose Dallas, Texas because it was one of the fastest growing metros in the country. We paid between $120,000 to $140,000 for brand new homes in Rockwall, Texas that rented for $1,300 to $1,500 a month. Those homes have since tripled in value.Where can you find that kind of opportunity today? Stick with the same fundamentals and follow the demographics.Economists predict that Florida will add 1.4 million new residents by 2025. Developers are trying to keep up with demand, but can they build fast enough? It's pretty tough these days. As a result, both home prices and rents are on the rise.In this episode, our guest represents a trusted RealWealth property team from the Tampa area, and he's here to give us an update on what's going on in the Sunshine State.You can also take a deeper dive into the Florida market by listening to a webinar with our Florida expert. Simply join RealWealth, for free, at realwealthshow.com and log in to the investor portal to hear the replay. As a member, you can also view sample property pro-formas and connect with our network of resources, including experienced investment counselors, property teams, lenders, 1031 exchange facilitators, attorneys, CPAs and more.And please remember to subscribe to our podcast and leave a review if you like what you hear! Thank you!
Released:
Sep 23, 2021
Format:
Podcast episode
Titles in the series (100)
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