In today’s strapped economy, many struggling homeowners have difficulty selling their properties. Oftentimes, those in need of immediate cash flow will find themselves selling their properties at a substantial discount. The real estate research firm Radar Logic, for instance, estimates that the discount that sellers face at the moment averages approximately 40%-.
Helping those in need, companies like Transcendent Investment Management with Jordan Kavana offer a balanced strategy. While purchasing properties from banks, courts and other sources, TIM can purchase and sell single-family homes, condominiums and multi-family properties while also purchasing properties for rental.
As TIM explains, “This provides capital gains balanced with a stable cash flow from a portfolio of value-priced hard assets.” Transcendent earns its returns by serving as a capital provider for distressed properties and best in class investment manager across the country. Their knowledgeable team finds high absolute return investments in real estate that show fundamental value, a favorable risk-return profile and an identifiable exit.
For those looking for a rental in various parts of Florida, there are many companies that offer this service. One such firm – Southern Vacation Rentals – has recently opened a new office in the Santa Rosa Beach area, which can be found in the Publix shopping center. The office can be accessed from Highway 98. According to the company’s owner, Mike Shoults, since the company has anyway been very integral to the South Walton community for more than a decade-and-a-half, it just made sense that it would eventually have an office in a more easily-accessible place for its customers. As well, it enables the company to offer an improved service on its vacation homes and rentals in the most sought-after communities in South Walton.
In addition to its new office, Southern Vacation Rentals will be developing an additional website, which will also assist its customers in a similar way. This will not be replacing its current website: www.SouthernResorts.com but just supplementing it. Indeed, the new website is meant to focus entirely on the South Walton area. The main aim of this is to maximize revenue for the owners, which is more likely to happen if the properties are exposed on line. The management at the company believe this will be a great way of pushing the original location where they began their work.