Lawson dr – Flip near downtown Orlando

February 23, 2019 by · Leave a Comment 

This home features a gorgeous new kitchen with wood soft shut cabinets, granite, new appliances and large pantry. The updated bathrooms include new tub, tile, vanities and fixtures. Other renovations include new flooring, paint, ceiling fans, trim and doors throughout the home. All the lighting has been updated with Mid Century Modern fixtures.  Additional features include master suite with 2 closets, split floor plan , big inside laundry room, storage room on carport, a large driveway with a two-car carport, and a large fenced backyard. The 4th bedroom/bonus room has a walk-in closet and exterior door leading to the backyard.

 

Hargill – New Construction

February 23, 2019 by · Leave a Comment 

New Construction downtown Orlando home located close to Lake Como/Bel Air Heights and the new Hourglass District, this home has a HUGE lot and a 3 car garage. The downstairs master bedroom has a large walk-in closet with custom shelving for one and a second closet for the other, a large free-standing tub in the master bath as well as a double vanity. There is also a guest room with connected bathroom downstairs that can double as a office and a full laundry room. Upstairs has 2 bedrooms, a bath, a large loft and an extra bonus room that would be great as a game room or media room. This home has been professionally designed and is beautiful in every way from the 2 tone cabinets with large island to the quartz counters and Samsung smart appliances and wall mounted fireplace.

Harmon ave – New modern construction

February 23, 2019 by · Leave a Comment 

This modern home is absolutely gorgeous from the top to bottom. The kitchen is stacked with top to bottom cabinets, granite counters and granite backslash, Samsung high end Smart appliances and a huge island finish it off. The home has custom Coffered ceilings throughout with LED accent lighting and the master bathroom is HUGE. 

Esther Home – New Modern Construction In Orlando

Esther Home – New Modern Construction In Orlando

March 21, 2018 by · Leave a Comment 

This beautiful contemporary home in Orlando Florida was a project we completed over the summer of 2017. From the Oversized garage with custom door, to the quartz counters and built in appliances, this is truly what you want a new home to be. The home will has wood floors throughout with custom designs in all bathrooms and all done by a professional designer.

 

 

 

 

 

 

 

 

 

New Construction – 1415 E. Grant St

April 23, 2017 by · Leave a Comment 

New Construction home completed and ready for it’s new owner. Located in the Boone and Blanker School district, this 2 story custom home was professionally designed to fall in love with the moment you walk in. From the massive island to the marble backsplash no detail was overlooked. The master suite is located downstairs and the other 3 bedrooms are upstairs as well as a full bath with double sinks and a separate shower/ water closet.

16 Oakland Pointe Cir, Oakland, Fl 34760 – Available

October 10, 2016 by · Leave a Comment 

Beautifully remodeled home in a lakefront community, close to west Orange trail and Oakland nature preserve. This home has new flooring, paint inside and out, remodeled bathrooms, new kitchen with granite, solid wood cabinets and stainless steel appliances. The floor plan includes a large master bedroom with 2 walk in closets, a master bath with walk in shower, garden tub, his and her vanities. The kitchen has eat in area and over looks the large family room with high volume ceilings. This home also has formal dining, office/extra bedroom and huge bonus room upstairs.

918 Shady Lane Dr – New Construction

October 5, 2016 by · Leave a Comment 

Fabulous new home construction in College Park. Wonderful modern finishes you will love! Open floor plan with kitchen open to large inviting living space. Granite counters, tiled back-splash and built in GE profile stainless steel appliances including convection oven and induction cook top. Fabulous, large downstairs master with spacious master bath, double vanity sinks and separate tiled shower and soaking tub. Another bedroom down stairs, great for nursery or craft room! 5th bedroom great for guests because it has access to full bath, is also downstairs. This bedroom could also be used as an office or den. Spacious laundry room (12 X 7) with laundry sink and nice cabinets built-in. This home is a 4 bedroom 3 full bath with an office/den or 5 bedroom 3 bath, in addition to a bonus room upstairs for an extra computer room or game room hang out which is 17 X 11. The home has an amazing amount of storage including a deep under the stairs storage and a custom designed walk- in closet in the master bedroom. Visit our remodeled homes page for more info.

The Brassie Addition In College Park

October 5, 2016 by · Leave a Comment 

One of our latest College park additions with an elevation change in the front. We increased the square footage 1100sf by adding a large family room, master suite, indoor laundry and making kitchen bigger.  This remodel also included a re-wire, re-plumb, Insulation, HVAC, roof, trim, flooring, stucco, windows, paint, kitchen, bathrooms, landscaping and much more. This property was a home we purchased from a private seller through probate. The owner could not afford to fix all the needed repairs. We paid more than the home was worth as a flip and ended up buying anyway. To make the deal work we had to increase the square footage at least 1000sf. College park is full of small homes on decent sized lots that will allow for this kind of deal structuring.

 

 

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1828 S. Eola Dr, Orlando Fl 32806 – Another New Construction Project

1828 S. Eola Dr, Orlando Fl 32806 – Another New Construction Project

February 20, 2016 by · Leave a Comment 

New construction home with 4 bedrooms, 3 full bathrooms, 2 car garage and 3282 living sqft. This amazing transitional designed home is located in desirable Delaney Park. Close to downtown, ORMC, SODO, restaurants and shopping. Blankner and Boone school district. This home features a gourmet kitchen with all wood cabinets, granite counters, tiled back splash with under mount cabinet lighting, stainless steel appliances, large walk-in food pantry. The master bedroom suite is huge with large walk in closet and back patio access. The master bathroom includes double sink vanities with plenty of storage, designer fixtures, large luxurious soaker tub and large step in shower. The large family room is right off the kitchen, master bedroom and guest bedroom downstairs, huge bonus room upstairs and plenty of storage. This home comes with a 10 year builder warranty and is built with the priority of long term energy conservation in mind. Included is a 15 Seer heat pump system from Rheem for each floor which exceeds current building codes. Energy efficient foam material is added to all block cells and attic insulation is maxed at R38. The use of the radiant barrier is additionally installed under the roof deck for maximum energy efficiency.

Is There a Successful House Flipper in You?

Is There a Successful House Flipper in You?

April 13, 2014 by · 1 Comment 

Thinking About Real Estate InvestmentThere is a hot topic amongst many in the Central Florida real estate market and that is flipping houses. This particular investment strategy involves three major steps which could be described as follows:

  1. Buy a piece of real estate (preferably somewhere in Central Florida)
  2. Fix it up (preferably for less than you paid for it)
  3. Turn it around (or flip it) quickly on the market at a higher price

You can probably see why this holds appeal for many people interested in trying their hands at real estate investment. This is where we’d just like to pass on our few words of caution and advice for people interested in taking this step on their own. Just like any potentially lucrative venture, success will require a few things. It’s going to take patience, skill and some money of your own.

Home Flipping Advice from the Experts

Some people are interested in trying their hand at flipping properties but don’t want to go at it all on their own. This is one of the areas we specialize in. If you’re still leaning towards more of a DIY mentality, we have some words of wisdom worth considering in advance:

5 Modern Real Estate Investment Myths Busted

5 Modern Real Estate Investment Myths Busted

March 10, 2014 by · Leave a Comment 

The world of real estate investment can be very exciting and quite lucrative for people who know what they are doing. That being said, there are several real estate investing myths that could get newcomers pointed in the wrong direction. The investment market has turned around here in Orlando over the last year, and we’d love to see you starting off on a solid foundation.

Today, we are going to dispel 5 common misconceptions that could be holding you back from realizing your full potential.

1) You Need to be a Landlord to Collect Passive Income

What many people don’t realize is just how big of a commitment being a landlord is. If you’re a busy person, then you might not have time to do this right. But this isn’t the only way you could collect passive income through real estate investment. You should consider hiring on a management team that can handle the direct dealings with tenants. This way you can still benefit from this secondary source of income without it becoming a major pull on your time.Passive Investment Income

(Quick Note: You’ll still need to provide some routine oversight on your properties with a management team in place.)

Profits from Flipped Homes in Orlando Improved During 2013

Profits from Flipped Homes in Orlando Improved During 2013

February 13, 2014 by · 5 Comments 

Profits from Flipped Homes in Orlando Improved During 2013A new report shows that flipping houses may be the way to go in the Orlando metropolitan area. The gross profit from the average flipped listing grew to $37,615 last year– compared to $36,518 in 2012. The report has certainly peaked the interest of many savvy real estate investors in the Southwest.

The average selling price for a home in the Orlando housing market increased by 20 percent over the course of 2013. Investors that were able to purchase and re-sell listings within a sixth month window realized significant profits, based on studies conducted by the real estate research group, RealtyTrac.

(Quick Fact: Reported profits from these flipped homes do not reflect the cost for improvements and repairs incurred by investors.)

“Strong home price appreciation in many markets boosted profits for flippers in 2013 despite a shrinking inventory of lower-priced foreclosure homes to purchase,” explained Daren Blomquist, RealtyTrac’s VP.

The average flipped home in Orlando was sold within six months for a sales price of $153,849.

The reported number of Orlando properties changing owners within six months has been growing over the last three years:

  • 924 homes in 2011
  • 1,831 homes in 2012

The Equity Crises in Orlando’s Housing Market

The Equity Crises in Orlando’s Housing Market

January 11, 2014 by · Leave a Comment 

Orlando Homes UnderwaterThe housing market in Orlando saw it’s fair share of positive trends during 2013. Home values have made big strides in returning to their historical averages, but it’s not been all positive. The Orlando area also had one of the largest concentrations of underwater properties in the country.

Nearly 36 percent of homes in the four counties that comprise the Orlando metro area are buried in home loans exceeding the present home value by 25 percent or more. The rate of underwater residential properties in Orlando outpaced the statewide number of 34 percent.

(Investor Fact: The highest rate of financially troubled properties was 38 percent which was reported for the state of Nevada.)

The Long Road to Financial Stability

Over the last year, the average prices for homes throughout the Orlando metro area increased by nearly 28 percent! This has certainly helped build equity for homeowners– but many of them still have a long climb to become financially stable.

Just remember that this is only one side of the coin. There is a significant percentage of homeowners who are equity-rich. Reports show that it is nearing a point where more and more will be expected to list their Orlando home for sale. This is expected to provide a nice boost for the Central Florida housing market during this year.

Experts Predict Slower Housing Market Growth in 2014

Experts Predict Slower Housing Market Growth in 2014

December 17, 2013 by · Leave a Comment 

Reduced Growth in Housing Market 2014Economists and real estate experts made predictions for the housing market in 2014 at a recent summit in Orlando. The current forecast is that prices will continue to increase by 4 to 6 percent– a markedly decreased rate compared to this year. It looks like 2013 could be a tough act to follow…

Frank Nothaft– Chief Economist for Freddie Mac– doesn’t expect home prices to grow at the rate they did this year. He was one of the influential speakers at the annual summit held for Florida Realtors. Price growth is expected to be more moderate.

Please don’t take this as a bad sign. The overall outlook for the 2014 Florida housing market is definitely positive, especially for those looking to sell their home. Here are just some of the specs for next year:

  • Stable home sales
  • Increased mortgage rates
  • Higher average sales prices

(Pessimistic view: some forecast that home ownership rates will drop to a 20-year low.)

Prices for single family homes in metropolitan Orlando outpaced the rest of Florida during this year. The median price in Central Florida was just under 175,000 for October– 28 percent higher than the prior year. Home prices jumped up by 17 percent across the Sunshine State during that same time.

Six Tips to Get Your Home Investment Game Off the Ground

Six Tips to Get Your Home Investment Game Off the Ground

November 14, 2013 by · Leave a Comment 

The current growth in the housing market has tempted more people into taking the investment plunge. Is this the right move for you? To make the most out of a real estate investment (or even simply to avoid disaster), you’ll need to make intelligent decisions from the get-go.

Investment Guidelines for New Home Buyers

If it’s your first time investing in the Central Florida housing market, here are a few investment tips that you should keep in mind:

1) Good Investment is a Numbers Game

Successful investing is a numbers game. You want to avoid becoming emotionally invested in the property. This is not going to involve the same metrics that you might focus on for your family’s residence. To play this numbers game well, keep these three points in mind:

  • What you need to spend to purchase the property.
  • How much it’ll cost to refurbish the property.
  • What you’ll be able to sell or rent it for.

2) Have a Strategy in Place

You’ll avoid plenty of issues if you know your strategy and stick to it. Are you looking to fix up homes or buy and hold until property values come up? This is also an essential practice if you are learning how to flip properties. Having a strategy in place allows you to react effectively to the unexpected without losing sight of long-term goals.

Addressing Flood Insurance Reforms in Florida

Addressing Flood Insurance Reforms in Florida

October 17, 2013 by · Leave a Comment 

Addressing Concerns Over Flood Insurance in FloridaRealtors in Florida have joined their voices with others in asking Congress to discontinue some of the reforms that have been made to the nation’s flood insurance program. If you’re not familiar with these reforms, then it is probably because you don’t own property within the lines of federal flood-zone maps. As of this month, homeowners with flood insurance will be contending with massive premium rate hikes.

Dean Asher, president of Florida Realtors, spoke on the behest of Florida’s Governor Rick Scott to assembled members of the Florida Cabinet at the end of September. During his discourse, Asher warned of the “unintended consequences” which could wrought on property owners as a result of the Biggert-Waters Flood Reform Act of 2012.

Can the Florida Cabinet Take Action?

Asher requested that the Florida Cabinet take action and call on Congress to delay the implementation of the rate increases for newly purchased and grandfathered properties until Federal Emergency Management Agency (FEMA) had the opportunity to turn in the affordability study that is required by the Biggert-Waters law.

This study should have been submitted to Congress last year. However, Craig Frugate, the director of FEMA, has said that the affordability report could not have been completed in the allotted time period. Frugate also stated that he needed legislative authority to have postponed these rate hikes.

Home Prices in Florida on the Rise

Home Prices in Florida on the Rise

September 29, 2013 by · Leave a Comment 

Florida Housing Prices Continue to Grow

For all you optimistic investors out there, the housing market in Florida showed significant improvement during the month of August. Closed sales increased, median home prices have risen, there are more sales pending, and a nice reserve of homes available for sale. The data, which was released by Florida Realtor’s, could help build consumer confidence for 2014.

Compared to last year, closed sales on existing single-family homes in Brevard County rose by about 11.5 percent, while median prices of the homes sold grew by 13 percent to $130,000. What’s more, these rising numbers are being overshadowed by market reports from South Florida, where increases have been closer to 25 percent in the last year.

Let’s Break Down these Numbers

Just to be clear, the median price is the middle point where half the homes sold for more, and half for less. Leading analysts for the housing industry also noted that sales (in particular all cash sales) of foreclosures and others being advertised for sale by their mortgagee are keeping the median price of homes lower, since they tend to sell at a discounted price below market value.

Florida Housing Recovery Driven by Foreign Investors

Florida Housing Recovery Driven by Foreign Investors

September 22, 2013 by · Leave a Comment 

Florida Leads Nation in All Cash SalesFor potential home buyers like Nicole Kenaston, their dreams of owning a residence in Florida are being crushed. But what could be the issue? Kenaston, a 32 year old government employee claims that she has bid on no less than 5 houses over the last three years, but she keeps losing out to overseas investors who are willing to pay in cash. “I’ll find a place I like and can get financing for, and the all-cash buyers will come in and pay above market for it,” explains Kenaston. “It’s heartbreaking.”

Since the housing market recession started turning around, foreign investment in Florida real estate has been booming based on reports from the National Association of Realtors. International buyers, which accounted for 7.3 percent of statewide residential sales by dollar amount in 2007, accounted for 19 percent in the 12 months prior to June 2012 (the most recent data available).

Florida’s Market Ripe for International Investors

During this data period, Florida represented 25 percent of all U.S. residential property sales to international buyers. According to Peter Zalewski, owner of Condo Vultures, a Miami-based brokerage and consulting firm, the market seems reminiscent of 2003 or the early days of the housing market boom in South Florida.

Is Real Estate For You?

January 12, 2012 by · Leave a Comment 

For many years now, plenty of people that are wealthy have gotten that way through investing inreal estate.Real estate investments are one of the things that can bring ongoing financial profits every month. When it increases in value, your investment becomes that much more important and profitable. You can get your money’s worth when the value of your real estate investment increases. However, people that are interested in real estate investment need to know that it is more than just making money. There are many things you need to consider if you are interested in investing in real estate, in particular residential real estate. There is no doubt that you can be very wealthy with this. However, you will have to stay in it for the long haul in order to make it work for you.

Why Real Estate May Be the Only Real Mainstay Market

December 13, 2011 by · Leave a Comment 

While you see businesses come to life, peak and fall, you may be thinking if a business of real estate is worth investing in. Would if the same thing happens to this business. You wouldn’t want to invest in something that won’t be substantial. Unlike other businesses, real estate is always a good investment to make, and may be the only real mainstay market.

Even though the real estate market rises and falls, there are still many benefits to being in real estate. You can expect that if something happens that causes the real estate to lower, it will eventually come back up. There is always a need for housing and people are always moving into different locations. No matter what type of real estate you are investing in, you can expect that someone will have the need to live on the property. Because real estate is part of the basic needs of individuals, it can be expected that someone will always be looking, and others will always be selling.

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