Some Eastern Europeans who have amassed great fortunes since the fall of communism are seeing Florida Real Estate as a great place to invest their money. Florida Venture Partners is a newly formed corporation of Russian businessmen who are gobbling up property where they can. Florida Real Estate is noted as being on the down side of the real estate cycle and investors are not only planning on receiving rental income but plan on property values increasing over the next three years as well. Another company, an American held company, Phillips Development is doing the same thing, buying distressed properties knowing that they are undervalued and that large profits stand to be made. If you have money it is a great time to buy, the deals are there and profits will be there in the not-so-distant future.
Interested in Tampa Bay Real Estate?
For a complimentary look at all available listings in the Tampa Bay MLS please visit www.intampaflorida.com. Team Bohannon can be your tool for real estate success, arming you with the knowledge and expertise necessary to make a smart real estate decision. Call Team Bohannon today at 800-373-4708, to learn more about how Tampa Bay Florida is doing and why it might be a good idea for you to take a look.
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