Investors, homeowners, and tenants alike are moving away from their cities.
Housing costs have risen on top of the recent effects of the coronavirus. And they’re in search of more elbow room and cost-saving solutions.
The freedom and agency to change your environment are big reasons why real estate investing is worth it. If you do your research, you might be able to find a town you can grow with while building your future.
This isn’t wishful thinking. Here’s how the founders of All County Property Management Franchise Corp. changed their environment to create the future they wanted.
Why Real Estate Investing Is Worth It
Scott McPherson and Sandy Ferrera are the founders of the All County® Property Management Franchise Corp. They’ve been in the real estate investment industry for over 30 years.
They built their success from the ground up, and it started with real estate investing.
Sandy used the right real estate investing strategies to build her portfolio before creating a property management company. Then, Scott and Sandy franchised All County Property Management. They continued into construction, but they’re still active in both real estate investing and property management.
For most of that time, their home base operated from St. Petersburg, Florida–a city with over 260,000+ people.
But after the past year, Scott and Sandy felt similar to many within the real estate industry. They wanted less noise, more room, and market trends they could stay ahead of.
They found just a solution in a great little town in northern Florida.
Investing in Monticello, Florida
Monticello was established in 1827. It has a population of fewer than 2,400 people but it’s the only incorporated city in Jefferson County. And it’s situated with two promising cities no further than 30 miles away on either side.
Florida’s capital Tallahassee is 26 miles away. The bustling Thomasville, Georgia is 23 miles away. If they miss a busy city, they can spend a few hours in Tallahassee. Or they can head to Thomasville to experience southern charm in a city still on the rise.
But it goes beyond location. Monticello, Florida is a gem in its own right, and it’s a perfect example of why real estate investing is worth it. It’s a growing city, but it has all of the benefits of living in a small town.
This once-thriving town felt a downturn in 2008 as much of the country did, but that’s all changing.
Passing through town are two main arteries—U.S Route 19 and U.S Route 90—which meet at the town’s center.
The two main roads’ intersection point is the Courthouse circle. When you enter the roundabout, you can’t miss the majestic courthouse or its bells ringing out each hour. Storefronts and restaurants surround the courthouse, and the area has been a hunting ground for many antique enthusiasts.
It offers the small-town community feel with affordable housing solutions. There are walkable neighborhoods close to retail stores, restaurants, and public activities. And new construction is creating new housing opportunities.
Transforming a Town and Building Your Future
This beautiful and walkable town is undergoing its own metamorphosis.
Many of Monticello’s historic structures are getting an update. For example, new roofs, paint, and windows for the courthouse. New residential loft apartments, charming shops, and eateries are other additions increasing value.
It has been important to Scott and Sandy to pay tribute to the town and its citizens by paying tribute. They wanted to preserve the significance of these buildings’ historic nature, and they didn’t want to lose the city’s quaintness.
Scott informed us that he wants the city and merchants to thrive together. Giving the townspeople a wonderful place to live, work, and gather is one of their greatest values.
How Scott and Sandy Continue Building Their Future
After moving investments into Monticello, the team at McPherson Construction and Design realized they could fill a necessary void: building single-family homes for Monticello’s residents. They took that leap, expanded their constructive efforts to include restoring buildings, and they continue to increase housing for this town.
McPherson Construction and Design is finishing a subdivision of homes started previously in the early 2000s. These are 3- and 4-bedroom homes, and they’re priced low, starting at the low 200-thousands.
McPherson Construction wants to keep with the small community feel. They’ve also constructed several garden homes in walkable neighborhoods. With homes starting from the low 100-thousands, residents can walk to places to shop, dine, or spend the day.
In 2022 Scott McPherson has plans to break ground on another “front porch community”.
This husband-and-wife team believes this small community offers a powerful punch. They have their own plans to make this their home base.
When we asked Sandy “why Monticello?” She replied, “there is no shortage of friendly faces. It’s a great walkable city with room to spread out, and of course the affordability”.
With Florida being a no-income-tax state, Monticello offers a lower entry base. It has seen its share of new industry moving in met with housing shortages. That’s why real estate investing in Monticello made perfect sense for this long-time investor team.
Real Estate Investing with a Team
Scott and Sandy weren’t only able to find success in real estate investing by being married. However, a lifelong partnership doesn’t hurt.
The benefits of real estate investing are still available if you start out on your own. Building a real estate investment network ensures your success either way. The best way to do that is to join a real estate investment club.
After so many years of experience, Scott and Sandy wanted to help others experience why real estate investing is worth the journey. Using their nationwide property management franchise organization, they created a platform for investors.
The All County Investors Club connects real estate investors of all experience levels. There, they share knowledge, insight, and potential investment opportunities.
Ready to get started? Start by learning more about their real estate investment club. Head over to the All County Investors Club page.