07.02
One of our clients recently came into our office. This client is in his middle ages and is quite the sensible type and we got talking about the property he purchased from us in the Loop area of Chicago. He commented on how he loved the people of Chicago and its food. He also happened to pay a compliment about how his new property was being managed and how everything was going well for him. At the end of our talk he told us that he was changing his car to either a BMW 5 Series Touring or a Mercedes E Class Coupe. Mid-life crisis immediately sprung to mind!
Both vehicles were priced at about 32k, I enquired if either had en-suite facilities or would either generate cash each year, he was puzzled, like myself he realised that cars were the most obvious of depreciating assets, I went on…would either car come with all white goods, including a washer / dryer, when I asked him whether both cars came with air conditioning he said yes and promptly stopped me..
”What in the name of God are you gibbering on about….”, or words to that effect!, I started to not only tell him but to show him that we have an impressive listing of properties across Florida and for now specifically in Orlando specialising in listing foreclosed homes for almost the same amount of cash as his new motor was going to cost him. I told him very plainly what I thought of his rationale around the new acquisition, he was stunned and had difficulty making the correlation. I expanded further and let him know that myself and my colleagues were the only people to talk about Foreclosed homes Florida, the people he knew and trusted had eventually after many years coaxing passed as fit for sale some Floridian properties, he was amazed.
Foreclosed Homes offer discounts of 70% – 80% on previous prices, are located in sought after areas, specifically in Orlando, and are or will be occupied by a pre-qualified tenant prior to our Team at Foreclosed homes Florida asking you to close on your unit.
You go to a G.P for common problems and a consultant for more specialist advice, we are the Consultants specialising as we do entirely on United States real estate, we have been in this space since 2006, Clients kept on asking us about Florida and we could never make the numbers work with the opportunities we reviewed, finally after 18 months due diligence and much Client feedback we are now firmly in the Foreclosed Home business handling units we are proud to be associated with..
It didn’t take our client to realise the best investment opportunity. The choice was between a new car that depreciates constantly and quickly as soon as you drive the car out of the dealers garage or a strong property asset that gives you a high cash return each year and capital appreciation.
Our client still needs to change his car but the logic of the argument hasn’t been lost on him, he’s gone off to talk to his wife and I anticipate a phone call over the coming days.
Looking to find the best deals on foreclosed homes, then visit www.foreclosedpropertyflorida.co.uk.