SI Real Estate Tampa and The Beaches

Florida’s abundance of REO inventory could be a blessing in disguise for national and international real estate investors. According to Core Logic, the single family home rental market is stable and shows a good amount of activity. This has the potential to give these investors return on investments that are far above most in the country. The predictions come from examining the capitalization rates amongst many different markets nationwide, and Florida, coupled with a few states in the mid-west, are at the top of the list. The rates are calculated by assessing the annual cash flow relative to the price at which they purchased the property. This has been our reality and has been relatively stable since 2010 in Florida. A factor that is causing our capitalization rate to increase partly stems from the discounts investors receive when purchasing real estate owned distressed properties, which is usually around 30%. If more sales come to fruition, these discounts could be larger for in