http://www.bradentonrealestate.pro/blog/ Bradenton Real Estate Blog en hourly 1 http://www.bradentonrealestate.pro http://www.bradentonrealestate.pro/blog/post/549/Real-Estate-Investing-it-s-not-rocket-science- http://www.bradentonrealestate.pro/blog/post/549/Real-Estate-Investing-it-s-not-rocket-science-#comments Mon, 05 Dec 2011 03:19:04 -0700 Barry Grooms http://www.bradentonrealestate.pro/blog/post/549/Real-Estate-Investing-it-s-not-rocket-science- Continue reading →]]> Bradenton real estate you might think it is too difficult or the risk is too great or the biggest misconception is that it's too expensive.  Don't get me wrong there is a lot to learn and there is always risk when it involves investing, that's where a professional comes in. There is a big difference between a licensed sales person and an investment specialist and the differences can be very costly if you don't choose wisely.  The principles are broken into two parts you can buy and "flip" or buy and "hold", the preferred method for building long term wealth is to buy and hold.  That's not to say you can't get rich by flipping Florida properties but it is expensive to get started and can be a lot riskier unless you are clairvoyant or have a rich uncle ready to give you money.  Buy and hold is simple; buy, rent, re-invest, it is a repeatable process that typically takes a little longer to "get rich" but the risk is less. There are plenty of lenders ready to lend on performing properties with as little as 20% down, the trick is to find preforming or even under-preforming properties that yield the return you are looking for.  Finding these homes is where an investment specialist is critical to the process, any REALTOR can search and show homes but it takes a specialist to find the diamonds in the rough! If you have any questions feel free to email me or call me anytime (941)920-5757.  Don't forget to visit my site to search all properties in the MLS, then email me the MLS # or address and I will run an evaluation to determine if it's a diamond or CZ!!!!]]> http://www.bradentonrealestate.pro/commentfeed/549 0 http://www.bradentonrealestate.pro/blog/post/546/Real-Estate-Investing-it-s-not-rocket-science- http://www.bradentonrealestate.pro/blog/post/546/Real-Estate-Investing-it-s-not-rocket-science-#comments Mon, 21 Nov 2011 18:01:45 -0700 Barry Grooms http://www.bradentonrealestate.pro/blog/post/546/Real-Estate-Investing-it-s-not-rocket-science- Continue reading →]]> I will begin by saying that the motivation of property sellers will ultimately determine the deal you can get. While the real estate market in Manatee and Sarasota Counties are forecast to remain soft for a while longer the unit sales are the highest they have been in three years. The absorption rate of homes with price points between 700k and 1.5 mil is at a three year high of 4.6% (6% being a normal market)  so wile the prices are slowly dropping when the inventory hits an equilibrium the prices will begin to rise, I am not an economist but I can tell you from experience that when this occurs the demand makes a quick and steep spike for a short time. As for the difference in existing Bradenton neighborhoods vs. a new home community it should be broken into two comparable's, first being your long term plan for the home and the actual sales factors. First your long term plan will impact my opinion, for example if you will be selling the home once your child in finished school or you will use it as a vacation or second home or you decide to lease the property and how long you plan on keeping the property will have a great effect due to the fact that they will be building in the new home community for years to come and a private home seller cannot compete with the builders when ot comes to pricing in a still growing development. An established neighborhood on the other hand is built out and the market is solely dictated by other sellers not a builder that has more incentives or incitements to offer a buyer so pricing historically remains higher, it's simple supply and demand. If your plan is to hold the property for lets speculate 15 years then the new home community my be the better option due to the "newness" factor and people wanting the next best thing. My personal opinion is that existing community is the better 15 year option due to price point and the fact that there are no builders to compete with only other homes.  So ask yourself the following few questions when shopping for your next home 1. What are your long term plans for a home in Manatee County? 2. What position will I be in if the market stays the same? 3. Is the premium for "newness" worth the risk?]]> http://www.bradentonrealestate.pro/commentfeed/546 0 http://www.bradentonrealestate.pro/blog/post/538/Real-Estate-Investing-it-s-not-rocket-science- http://www.bradentonrealestate.pro/blog/post/538/Real-Estate-Investing-it-s-not-rocket-science-#comments Thu, 22 Sep 2011 19:42:07 -0600 Barry Grooms http://www.bradentonrealestate.pro/blog/post/538/Real-Estate-Investing-it-s-not-rocket-science- Continue reading →]]> BARRY GROOMS EARNS PRESTIGIOUS DESIGNATION TO ASSIST REAL ESTATE INVESTORS (Bradenton, FL - September 20^th, 2011) Barry Grooms of RE/MAX Alliance Group has earned the prestigious Own America Investment Certification Program (OICP) designation, by completing extensive training in the Real Estate Investment market. This is invaluable expertise to offer at a time when the opportunity to build wealth in Real Estate is at its peak.  Barry Grooms has completed intensive course study that will enable him to prepare a strategy for professional real estate investors,  such as; how to read market cycles and move investors into action, the drivers of Real Estate wealth, how to analyze markets, how to mathematically analyze properties, and how to council investors. “In this market I have to be able to set myself apart from the masses, while I am having one of the best years of my career, I still need to grow and prepare for the next generation of real estate.”  “I have developed the skills necessary to read the housing market cycle, create an investment plan, identify markets with the greatest appreciation potential, find distressed properties, locate diamonds in the rough and analyze properties to fit your objectives.” said Mr. Grooms. Greg Rand, Founder and CEO of Own America said “Real Estate is the great American business opportunity.”  The difference between a good investment and a great one is in the details, Barry Grooms has mastered the common sense, energy and entrepreneurial vision to take advantage of the current housing situation.” Please contact Barry Grooms RE/MAX Alliance Group at  (941) 920-5757 or visitwww.bradentonrealestate.pro for additional information.]]> http://www.bradentonrealestate.pro/commentfeed/538 0 http://www.bradentonrealestate.pro/blog/post/533/Real-Estate-Investing-it-s-not-rocket-science- http://www.bradentonrealestate.pro/blog/post/533/Real-Estate-Investing-it-s-not-rocket-science-#comments Wed, 31 Aug 2011 15:30:02 -0600 Barry Grooms http://www.bradentonrealestate.pro/blog/post/533/Real-Estate-Investing-it-s-not-rocket-science- Continue reading →]]> (Bradenton —August 31, 2010) Barry Grooms of RE/MAX Alliance Group was recently elected as the 2011 Florida Realtor District 13 Vice President, at the 2010 Annual Florida REALTOR (FR) Conference held in Orlando.  He will serve a one-year term as District Vice President responsible for Manatee/Sarasota/Charlotte/Desoto and Lee Counties.  His responsibilities will include; communicating with local associations and updating leadership on National and State issues that reflect the real estate industry.   Along with conveying to District Members through the local boards/associations the benefits and features of Florida REALTOR programs, projects and any changes to policy or procedures. Grooms has been active in the Manatee Association since 1999, serving as a Director in 2005, 2006, 2007 and held positions on numerous committees.  He also served as the Manatee Association President in 2009.  His other real estate related activities include, REALTOR Political Action Committee (RPAC), Ethics Instructor, and Education trainer for Women’s Council of REALTORS “Many different messages are surfacing today on the state of the Real Estate market.  There remains a challenge to create a unified and concise message.  Real Estate is the #1 topic in the media right now and Associations will need to play a key role in meeting the challenges to provide relevant information that will add value, such as how home ownership impacts local communities.  This adds value to the REALTOR.” said Mr. Grooms. You may contact Barry Grooms at 941-920-5757 or email Barry@BarryGrooms.com]]> http://www.bradentonrealestate.pro/commentfeed/533 0