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Moving Jacksonville Real Estate
What do you think I should do? and Is Florida real estate a good investment?
I always want to work towards something. For example right now all my money that I get from work is going towards an apartment that I would like to move into this summer. But my plans have kind of changed now because the apartment that I have been looking at is for people who work in a certain type of job that I do not work in. So if I don’t pull some strings I doubt that I will get the apartment thats I am looking at.
So now I am thinking of saving my money and working towards investing my money and buying some real estate. Preferably a place In Florida.
I really would like a big change in my life and I think relocating would be good for me right now. I am also looking into being a international student for a college there as well.
So my questions are, do you think it would be a good idea to do this? and to buy a place in Florida, do you think it is a good investment?
I have a job that allows me to pack and move anywhere still doing my job I do now.
I would love to buy In the UK but it is way too expensive.
Buy a house if you want to live in a house. Don’t buy a house as an investment.
1. Houses are overpriced right now.
2. Houses require a lot of maintenance.
3. A house will lock all of your money. Its not diversified. If a hurricane destroys your house, you’re screwed.
4. A house becomes a liability. It becomes hard for you to pick up and move somewhere else. It locks you down.
I’d suggest investing in stocks, mutual funds, bonds, and gold. Later on a house when you’re about to get settled.
Posted by MovingJacksonville.com
5 Responses to What do you think I should do? and Is Florida real estate a good investment?
Leave a Reply
Make sure you work with a reputable licensee professional that will assist you in reaching your goals.
Here is a link from our research department that you should research
Florida Real Estate Market Report http://news.ufl.edu/2006/12/05/real-estate-outlook/
To do more research on Florida real estate you might want to visit
http://www.realestateformnm.com/Researchlink.aspx
Best of luck
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I live in Florida and Florida USED to be an inexpensive and wise place to invest in real estate. When there was a boom in the real estate market 2+ years ago, real estate prices went through the roof. Property taxes went up proportionately with them. We also had a very active hurricane season 2 years ago which severely inflated insurance rates and has made insurance unaffordable for many people. Of my $1800 a month mortgage payment, $700 is allocated for the mortgage and the other $1100 is put in escrow for taxes and insurance – which is ridiculous, in my opinion. Lawmakers say that relief is on the way from outrageous taxes and insurance, but the people of Florida have seen nothing yet. My whole point in telling you what I have is this: do you homework before buying anything in Florida.
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I am a Realtor in Panama City. Foreclosures are good here in the Panama City FLORIDA. Auctions have become an attractive way to aquire property here in an inexpensive way. Some deals are good, some are not so good. Florida is a good place to invest, just not the same way they were doing it 2 years ago. Want more info contact landstonegsl@yahoo.com
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Investing in property is almost always a good idea. It is certainly better than renting. You just have to get the right property. Get the "worst house in the best neighborhood" is what we’ve been told and it pays off. Just look good and get something that you can fix up and pull the equity out of.
References :
Buy a house if you want to live in a house. Don’t buy a house as an investment.
1. Houses are overpriced right now.
2. Houses require a lot of maintenance.
3. A house will lock all of your money. Its not diversified. If a hurricane destroys your house, you’re screwed.
4. A house becomes a liability. It becomes hard for you to pick up and move somewhere else. It locks you down.
I’d suggest investing in stocks, mutual funds, bonds, and gold. Later on a house when you’re about to get settled.
References :