Buying or Selling an Investment Property in Citrus County, Florida

02Detail

Buying an investment property here

Buyers ask what a property will rent for. We answer that from the rent rolls we run in the same cities, not from a portal estimate. Before an offer is written we will tell you what the address realistically earns nightly or on a twelve month lease, what the insurance and maintenance load looks like on that housing stock, and whether the street supports the number in the listing.

If the numbers do not work we say so. Buying the wrong door in Citrus County costs more than waiting for the right one, and we would rather manage a property that performs than one that argues with the owner every month.

• A rent read on the specific address, based on doors we manage nearby
• The maintenance and insurance realities of that construction type and age
• Whether the property is better as a short term, long term or hold and sell asset
• Managing set up on day one so the property is earning as soon as it closes

03Detail

Vacant or tenant occupied

This is the first decision and it moves the number more than anything else. A property with a good tenant, a clean payment record and a lease that runs past closing is worth more to an investor buyer and less to an owner occupant buyer.

We see which buyer pool is active in your city right now because we are leasing in it, and we will tell you which one your property should be aimed at before it goes to market.

04Detail

We already know what your property earns

If we manage the property, we are not estimating income. We have the actual rent history, the actual maintenance spend and the actual vacancy record, and a buyer can be shown all three. That evidence answers questions that a spreadsheet projection leaves open.

05Detail

Preparing the property for market

We say plainly which work is worth doing and which is not. The roof, the air conditioning, the water heater and any active leak are the items a buyer or an inspector will price against you. Flooring and paint are what a buyer notices first. Money spent anywhere else usually does not come back.

06Detail

Coordinated with a licensed Florida brokerage

The listing, the brokerage side of the transaction and the closing are handled by a licensed Florida real estate brokerage. We supply the rental numbers, the preparation and the records, and we coordinate with the brokerage so the owner is running one conversation instead of two.

07Detail

Selling one door out of several

Owners often want to sell one property and keep the rest. Managing the remaining doors continues without interruption, tenants are not disturbed unnecessarily during showings, and nothing about the sale destabilizes the rest of your portfolio.