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Selling your Ft. Lauderdale fixer-upper Home
The remodeling
phase of your Ft. Lauderdale fixer-upper house is complete, and it is finally
ready for occupants. Now comes the decision on whether you should sell the home
or rent it out. Both options have advantages and disadvantages. Here are a few
things to consider as you make this important decision.
Sell for a Profit
South Broward is typically a hot real estate market popular
with retirees, families, and single professionals. Selling your home at a profit
gives you the needed cash to fund your next flip. To get the most return on
your investment, hire an experienced, bi-lingual local real
estate agent. Antonio Ortega knows how to manage
every stage of your home sale.
Research by realtors reveals that staging your home helps
buyers visualize living in it, possibly leading to a faster sale. If you
have furniture and décor to move into the house, research South Broward
movers by reading their online reviews. Look for well-referenced companies
running deals or credits if money is tight. Once you've narrowed your choices,
meet with the top three contenders to discuss your needs and get a quote.
Consider the Landlord's Life
Collecting monthly rent on your finished property is a
definite plus. The remodeled home should continue to appreciate as well. However,
being a landlord takes money and time, so make sure you have both available
before going the rental route.
As a landlord,
you are responsible for finding suitable tenants and dealing with their issues
if they become unruly. It's your job to handle the lease, collect the monthly
rent and manage all the financial records. You are on call 24/7 for any issues
on the home.
Ideally, you should have two months' equivalent of rental
payments stashed away if needed. That's because you are the one who pays for
home insurance, property taxes, homeowner's association fees, as well as all of the major repairs and some of the minor
ones. In addition, you receive no rental income if your tenant expectantly moves out. If you don't have cash on hand for these expenses, you could
put your finances in a bind.
As a landlord, it's your job to market
your rental to potential South Broward county renters. An eye-catching
banner advertising your listing on your social media pages or website is a
great way to get the word out. Try
this online banner creator
to create customized ads that perfectly fit your Twitter feed, website,
Facebook, or Instagram page. Various designs are available, so you're sure to
find one that fits your brand. Then, personalize it with your text displayed in
an attractive color and font. Finally, add a short video or animation to
attract even more attention.
Hire a Property Management Company
Hiring a property
management company is an
excellent solution If you have the funds to maintain your remodeled home as a
rental but don't have the time to be a landlord. An experienced Ft. Lauderdale
property manager knows where to market your home and how to find a good tenant.
This professional handles rent collection, maintenance, repairs, and all the
financial documentation on your behalf for a fee.
Whether to sell or rent your newly remodeled fixer-upper
depends on whether you have the extra funds to manage the rental. If not, your
best choice is to sell it and reap the profits.
Buyer Important Facts to Know
Be it today, tomorrow or six months from now, I'm prepared to offer you dedicated extraordinary service, your referrals are greatly appreciated.
Thank you for the trust placed in me,
Antonio Ortega LLC Fort Lauderdale
Antonio Ortega LLC Licensed Real Estate Professional
Text or Call 954-648-6095
Global Luxury Realty, LLC
Click Here to Contact Us
Selling your Fixer upper home, Broward Homes For Sale, Broward, Plantation, Davie, Fort Lauderdale, Las Olas, Hollywood, Southwest Ranches, Cooper City, Weston, and other cities.
