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Hillsborough Homes
I am buying sinkhole homes in these areas of Florida: Hillsborough -  Apollo Beach, Balm, Bloomingdale, Brandon, Carroll wood Village, Dover, Gibsonton, Lithia, Lutz, Mango, Orient Park, Plant City, Riverview, Ruskin, Seffner, Sun City Center, Tampa, Temple Terrace, Thonotosassa, Valrico, Wimauma, and Ybor City.
I am an investor buying sinkhole homes in Pasco Florida. I need more property in Port Richey. Pasco county is a great place to be a real estate investor. Most people in the real estate boom bought homes for the wrong reason. They were in it for the short quick turn. Get in and get out with a quick buck. This caused the homes to over inflate the real value of the homes. All that is happening now a correction in the value of the homes to be more inline with what they have historical trends. In the past the home values have gone up an average of 7% per year. During the boom home prices were going up 15% per year. Like most long term investors you could see the end coming. Well the bubble has popped. This is the same thing that happened to the stock market a few years ago. It had a major correction and came back to the historical behaviors. If the same people had bought and held their property as a rental. They would have a great asset making them a great profit. People ask me Is real estate a good investment. The answer is it is a fantastic investment. I am predicting very high inflation in the next few years. Our economy is built on cheap energy. the price of gasoline has recently come close to $4.00 a gallon. As I say were gas goes the rest of the prices will follow. Everything will probably double in price. Owning a big fixed asset if a fantastic investment when there is high inflation. he next best thing to investing in a rental home is to pay off your existing mortgage. The highest paying and safest investment you can make is to pay off your mortgage. Is there any thing that gives you a higher rate of return then the 5 to 7% you are now paying. Yes I know there is an exception to every rule and there are tax consequences. but as a general rule this is a good financial strategy to follow.  Lastly if you are going to do rentals do not over extend your self. I will be happy to talk with you about your plans. This is not work for me. It is a labor of love.