Nowadays, everybody is looking for a way to capture a new revenue stream. More and more investors find that to buy a rental property and rent it to vacationers is a profitable investment.
To attract vacationers who prefer homes to hotel rooms, homeowners can work with a vacation rental agency. Vacationers are coming from up north [...]

International buyers from Europe and other regions accounted for about 15 percent of Florida’s real estate sales before the 2007 recession, and they’ve represented the bulk of cash buyers in recent years. Now Europeans with extra cash are looking to invest even faster in second homes in Florida before the value of the Euro drops [...]

Sales of investment and vacation homes jumped in 2011, with the combined market share rising to the highest level since 2005, according to the National Association of Realtors® (NAR).
NAR’s 2012 Investment and Vacation Home Buyers Survey, covering existing- and new-home transactions in 2011, shows investment-home sales surged 64.5 percent to 1.23 million last year from [...]

SARASOTA, Fla. – The strength of the Canadian dollar, sustained low pricing in the U.S. housing market, and perceptions regarding the general economic outlook continue to encourage Canadians to purchase a home in the Sunbelt states.
According to the National Association of Realtors® (NAR) 2011 Profile of International Buying Activity, Florida and Arizona are top choices because [...]

Most states report some degree of international buying activity. Yet Florida alone accounts for 58% of all sales to international buyers. Moreover, Florida’s share—presently at 31.0%—is higher than the combined shares of California (12.0%), Texas (9.0%) and Arizona (6.0%). This represents a threefold increase in international property transactions in just four years. In 2007, Florida [...]

Short Sale of investment properties – what is the difference?
Most federal laws regarding short sale relief etc., only apply to primary residences and do not apply to investment properties.
No debt forgiveness
Therefore a partial or full debt forgiveness as generally anticipated in a residential short sale procedure should not be expected in a investment short sale. [...]

The market share of vacation- and investment-home sales held steady in 2010, although the sales volume declined with the overall market, according to the National Association of Realtors® (NAR).
“Despite extraordinarily tight credit conditions for purchasing a second home, the market share for vacation and investment homes held steady,” says NAR Chief Economist Lawrence Yun. “A [...]

Bradenton / Sarasota – Internationals are getting more and more interested in Florida Real Estate. Axel Weiss, Broker/Owner of Weiss Realty Bradenton, notices that many international investors realize it is the perfect time to buy an investment or 2nd home right now. Most of these people don’t even expect to even get a mortgage here [...]

There was an article in today’s Herald Tribune about a 130% increase in condo sales in Sarasota, Florida.
Here are some highlights of this article:
In the Sarasota-Bradenton market, 239 condos changed hands, a 130 percent increase from the 104 sales that took place during the same month a year earlier.
Realtors and analysts attribute the uptick to both [...]

UPDATE: PROPERTY HAS BEEN SOLD BY WEISS INTERNATIONAL REALTY
Current use is Bed & Breakfast or use it as a great Old Florida Style Pool Home with in law quarters.
Large 4 Bedroom / 3.5 Bathroom home on quiet street in West Bradenton offers huge caged deck and heated pool with auto cleaner. The oversized, fenced in [...]