Multi Family Homes
Florida's prime attraction is quality living for people who move to the state from the rest of the U. S. and from countries around the world. And, once they move here, they usually like it so much that they talk other family members into joining them in the Sunshine State. In fact, this happens so often that more than 1,000 people move to Florida on a daily basis!
When people are out enjoying the Florida lifestyle, they want to play instead of working. Townhouses, duplexes, and multi-family homes can be a great investment for those who want the advantages of a single family home without the upkeep and maintenance of a traditional yard.
There has never been a better time to invest in the Florida housing market than right now. The recession has driven thousands of townhouses, duplexes, and multi-family homes into short-sale and foreclosure. As a result, these desirable multi-family residences often can be purchased for a fraction of the price they were selling for just one year ago. TMHI searches through public records and works with expert real estate agents to buy these distress-sale homes for a minimal sales price. TMHI, LLC performs any necessary cosmetic upgrades and renovations and holds these properties for rental income. After a minimum period of two years and a maximum period of five years, these multi-family homes will be sold at a substantial profit.
TMHI, LLC's Florida real estate investment properties include some of the most outstanding multi-family homes in the investment market. TMHI looks for the most desirable homes on the distressed sales market — dwellings that meet its target goals of:
- Ability to be acquired at a cost in the $40,000 to $200,000 price range.
- Homes that can be purchased through foreclosure and distressed sales for no more than 40% of their market value.
- Investment properties that require only minimal renovation and slight cosmetic upgrades.
Once these homes are selected, TMHI renovates the homes through updating or replacing fixtures, repainting the interior and exterior, and installing new hardwood or laminate flooring. As soon as TMHI's team of expert contractors has completed these minimal renovations, these multi-family homes are rented out for additional income while the Florida real estate market rebounds. And, when the market recovers, these outstanding investments will be sold for a substantial profit.
To find out more about TMHI, LLC and its exclusive investment offerings, please contact the property experts at TMHI, LLC today at (954) 990-2041 or toll free at (866) 449-2710.