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 Real estate
investing in Jacksonville, Florida is hot based on the
influx of people to the First Coast. Jacksonville's
population growth is projected to be 5.9% until 2020.
The existing median home price level for Florida went up
17% from $212,600 to $248,000 and the future is even
more promising.
In Northeast
Florida's dynamic market, there are many diverse
profitable investing strategies. From rental houses, to
rehab and resale, to holding notes and mortgages for the
long term, Red Door Realty Group can help find the right
investments for you. We specialize in thinking outside
the box and we have the right business relationships in
place to guarantee that our Investors' interests are
always protected. We know the right lenders, appraisers,
attorneys, and the title companies to make you a success
even if you're new to real estate investing. article source
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Let's suppose that
you bought a house for $130,000. You put 10% down and
your payment is $900 per month ($778 in principal and
interest plus taxes and insurance). You rent the house
for $1050 per month. Your cash on cash return is 13.8%
per year! When you sell the house after three years for
$173,000 (assuming a modest 10% per year appreciation)
your return will be over 124% annualized rate of return.
Where else can you see those returns and have your
investment totally backed by real estate? Nothing else
compares to real estate... we can show you how to do it.
We have guided many first time investors through their
first transaction and have shown them the ropes to
creating additional income and building wealth for the
future.