All Forum Posts by: Fajer Shamlan
Fajer Shamlan has started 1 posts and replied 3 times.
Hello BP community,
I'm considering San Antonio to buy my SFH investment for long-term or medium-term rental. However, I realized that all newly built houses in San Antonio have HOAs, and I hesitated to buy a home with HOAs due to the restriction and the possibility of the HOA fee increase in the future. Would someone advise on HOAs in San Antonio? I
Would someone who knows the San Antonio market advise B neighborhood names with potential appreciation rental demand? Which zip codes to avoid?
Thanks in advance
Post: Does anyone invest in Ocala Florida
- Posts 3
- Votes 1
Quote from @Chris Rich:
Quote from @Shane Regnier:
Hello everyone, we know this post is a few months old now, however we are interested in the Ocala, FL market as well, primarily looking at LTR SFHs in the Silver Spring Shores, Heath Brook, or Marion Oaks neighborhoods. We live in San Diego so would be long-distance, TBD if we self-manage or enlist a PM. A couple questions:
1) Has anyone worked with local lenders like a local bank or credit union? We are out of state but would be open to working with someone local if they can offer favorable terms.
2) Any local realtors you have worked with and been happy with?
3) Any experience in those particular neighborhoods?
Thanks everyone for your input!
- Shane & Jen Regnier
Hey @Shane Regnier like Giuseppe said, it's become a little saturated in some areas of Ocala compared to 3-6 years ago. I did a quick search and there are 187 total rental listings in Marion Oaks in the last 90 days. 90 are vacant listings, 18 canceled, 70 that have leased, and 4 pending. Silver Springs has 89 active listings, 27 canceled, 4 expired, and 56 that have rented. Heathbrook has 61 active, 13 pending, 21 canceled/ expired, and 46 that have leased, so not as bad as the other two. And talking with my leasing team, the properties that are moving quicker are on the lower end of the rental range $1450-1600. I know DR Horton and Lennar are still building a lot, but they seem to be building smaller communities. I would be cautious buying in the saturated areas because there are so many similarly sized properties that price is becoming increasingly the deciding factor.
Hello Chirs,
These numbers are great! Thank you for sharing.can I know from where you got them?
Post: Omni Key Realty insight for investors in North Texas.
- Posts 3
- Votes 1