rental property management
From an increase in existing–home sales to the gains of Warren Buffett’s Berkshire Hathaway, Inc., multiple reports show encouraging signs of growth and stability in the housing market. In a…
Tropical Storm Isaac is making his making his unpredictable route through the Atlantic at the moment, and several expert predictions have his route taking a direct hit on Jacksonville. If Isaac does take a turn for the First Coast that would be the second time in the 2012 hurricane season that Jacksonville would be impacted by a tropical storm, making this hurricane season a particularly active and uncharacteristic one for the Jacksonville area.
There are all sorts of investments that you can make. People invest in property overseas, they invest in the stock market and there are some who trade in their green dollar-bills for large bricks of gold that may increase in value more than the dollar can on its own.
It is a matter of basic economic principals—supply and demand. Since 2008 and the onslaught of economic hardship in the United States, more people have turned to renting their homes as property ownership became less of a possibility for many people. The rise in Florida foreclosures contributed to this, as families, students and young professionals all sought temporary housing and support from rental property management.
Well, maybe thriving is an overstatement—but it is a fact that more and more renters are flocking to Downtown Jacksonville. Rental property management in Jacksonville’s downtown area has always taken a backseat to the more suburban communities on Jacksonville’s Southside or near the beaches. But that is all starting to change. For an area that is low on rental opportunities and high on vacant buildings, the urban core of Jacksonville is seeing a great deal of traffic by young professionals who are hoping to rent homes closer to where they hope to also find work.
There is a lot of talk about the benefits of owning a home. Owning your own home provides investment opportunities, opens the door to additional tax deductions, gives the owner more borrowing power and offers an increased sense of stability that often benefits the entire family. However, purchasing a home isn’t right for everyone. Whether you aren’t willing to commit to a location, are hoping to grow more in your career before you buy or aren’t willing to take on the responsibility of owning a home for whatever reason, renting is a viable option that comes with a slew of benefits of its own.
It is August and football season is officially back in action—well almost. With the first pre-season game now behind us a lot of Jacksonville residents were given a firsthand reminder of the ghastly traffic situation that Sunday’s bring during the fall. As you’re driving across town for your rental property management or to file papers on more Florida foreclosures the football traffic can be maddening, especially if you are driving from the Jacksonville beaches to downtown, San Marco or the Riverside and Avondale area.