Call Us On: 416-429-9060

How To Start Thinking About Buying Florida Real Estate?

How To Start Thinking About Buying Florida Real Estate?

You need to start by asking yourself a few questions (below).  You can find plenty of cheap properties in Florida but that does not mean you are getting a good deal – some of the properties are cheap for a reason – maybe something is wrong with the real estate unit.
– Is it in good shape and does it need repair work and lots of upgrades?
– location, location, location. Is the neighborhood safe to live in or are there drug lords nearby.
– What is the crime rate of the area?
– Did you hire a home inspector to look at the unit?
– Are you working with a realtor that knows the area and can initially inspect the property?
– What have similar houses sold for?
– What is the rental rate for the area?
– Should you buy cheap condos or save up and by a more expensive ones with less work needed in it?
This list is not all inclusive but should get you started about thinking about the things you need to consider.