Geoff Goodsell Geoff Goodsell

House Hacking: The Secret to Building Wealth

Are you a military member looking to reduce your living expenses while building wealth? House hacking allows you to leverage your VA loan, BAH, and rental income to live for free or even generate passive income. Whether you’re buying a multi-unit property or renting out spare rooms, this strategy sets you up for financial success during and after your service. Learn how to turn your home into an asset today!

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Geoff Goodsell Geoff Goodsell

Investing in Commercial Retail Space vs. Condo Short-Term Rentals: Which is Right for You?

Choosing between investing in commercial retail space and condo short-term rentals comes down to your financial goals and risk tolerance. Commercial properties offer stability with long-term leases and fewer tenant turnovers, but they require a higher initial investment and specialized management. On the other hand, condo STRs provide high cash flow potential with flexible pricing but demand constant oversight and are subject to regulatory risks. Whether you seek steady passive income or high-reward short-term gains, understanding the pros and cons of each will help you make an informed decision.

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Geoff Goodsell Geoff Goodsell

Featured Investment: Surf Dweller Beachfront Gulf Coast Condo

Investment Opportunity at 554 Coral Court UNIT 401, Fort Walton Beach, FL

Looking for a prime beachfront property that offers long-term wealth-building potential? 554 Coral Court UNIT 401 presents a rare opportunity to own a luxury 3-bedroom, 3-bathroom penthouse in Fort Walton Beach. This highly sought-after location provides stunning Gulf views, high rental demand, and exceptional appreciation potential.

Financial Highlights for Investors:

  • Purchase Price: $1,100,000

  • Projected Annual Rental Revenue: $100,000

  • 30% Downpayment with a 3.68% Cash-on-Cash Return

  • Annual Expenses: $29,391 (Including HOA, taxes, insurance, and utilities)

While the initial cash-on-cash return is 3.68%, this property holds exceptional long-term potential for investors. Beachfront properties in high-demand markets like Fort Walton Beach often appreciate significantly, and the consistent rental demand provides a stable income stream. This makes it a perfect investment for those focused on capital growth and maximizing equity over time.

With its prime location, strong rental performance, and long-term appreciation potential, 554 Coral Court UNIT 401 is a valuable addition to any investor’s portfolio. Explore the possibilities of owning this exceptional beachfront property today!

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Real Estate Geoff Goodsell Real Estate Geoff Goodsell

Navigating the Real Estate Market in 2025: Key Trends to Watch

As 2025 approaches, the real estate market is poised for modest growth amidst continuing challenges. This blog delves into the nuanced trends expected in home pricing, inventory constraints, and regional market dynamics, offering crucial insights for those looking to navigate this complex landscape. From the influence of economic recovery on pricing to the persistent inventory shortages and the diverse conditions in different regions, we explore what potential homebuyers, sellers, and investors might encounter in the year ahead.

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Leigh Brown Inspires Fort Walton Beach: A Recap of REBar Camp’s Fearless Keynote

Leigh Brown's keynote at the REBar Camp in Fort Walton Beach wasn't just a speech—it was a rallying cry for real estate professionals to embrace fearlessness. Her dynamic presence and powerful insights into the industry’s challenges inspired attendees to push boundaries and innovate in their practices. This post recaps the transformative ideas Leigh shared and explores how her fearless approach can redefine success in real estate.

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Football, NFL Geoff Goodsell Football, NFL Geoff Goodsell

Draft Smarter, Not Harder: Using AI to Optimize Your Fantasy Football Picks

Drafting a winning fantasy football team can often feel like a daunting task, with so many variables and player stats to consider. This year, I decided to try something different by incorporating AI into my draft strategy. From analyzing high-profile picks to making tough decisions in the later rounds, AI became my co-pilot in navigating the complexities of the draft. The result? A well-balanced team featuring a mix of reliable veterans and high-upside rookies, all carefully selected based on real-time data and projections. In this blog, I'll take you through how AI helped shape my draft, the key decisions we made along the way, and why I believe this team is set up for success.

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Real Estate, Finance, Lending, Interest Rates, Banking Geoff Goodsell Real Estate, Finance, Lending, Interest Rates, Banking Geoff Goodsell

Don’t Let Interest Rates Scare You: Here’s What You Really Need to Know

Are you feeling overwhelmed by the complexity of mortgage rates? You’re not alone. Many homebuyers are surprised to learn that the 10-year Treasury yield plays a significant role in determining their mortgage rate. In this blog, we'll break down the connection between the 10-year Treasury yield and mortgage rates, explaining how they interact and why it matters to you as a homebuyer.

Whether you’re just starting your home search or ready to make a move, understanding these key financial indicators can help you secure a better deal on your mortgage. Click through to learn more and take control of your homebuying journey with confidence.

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Real Estate, FSBO, For Sale By Owner, Realtor Geoff Goodsell Real Estate, FSBO, For Sale By Owner, Realtor Geoff Goodsell

FSBO vs. Agent: The Pros, Cons, and What You Need to Know Before Selling

Thinking about going the For Sale By Owner (FSBO) route to save on commission costs? Before you decide, discover why partnering with a real estate agent might be the smarter choice. Our latest blog breaks down the true value that buyer and seller agents bring to the table, from expert market knowledge to powerful negotiation skills, and highlights the potential risks of going it alone. Don’t miss out on maximizing your home’s sale price—read on to learn why having a professional on your side is a game-changer.

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Reading, Self-Help, Motivation, Real Estate Geoff Goodsell Reading, Self-Help, Motivation, Real Estate Geoff Goodsell

Book Review: Wake Up and Win: How “The 5AM Club” Can Supercharge Your Life

Ever wonder what it would be like to start your day with a burst of energy, a clear mind, and an unstoppable drive to conquer your goals? That’s exactly what Robin Sharma’s The 5AM Club promises—and delivers.

This life-changing book isn’t just a guide to waking up early; it’s a blueprint for living a more fulfilled, productive, and balanced life. Through the journey of three relatable characters—a struggling artist, a floundering entrepreneur, and a mysterious billionaire mentor—we learn that mastering our mornings is the key to mastering our lives.

Sharma introduces the 20/20/20 Formula, a simple yet powerful routine that divides your first hour of the day into exercise, reflection, and growth. Imagine starting every morning by energizing your body, centering your mind, and feeding your spirit—it’s a game-changer.

But The 5AM Club isn’t just about habits; it’s about transformation. The characters’ emotional and psychological growth mirrors the journey we all take toward self-mastery. By the end of the book, you’ll be inspired not just to wake up at 5 AM but to wake up to your full potential.

Ready to change your life? Join The 5AM Club and start transforming your mornings—and your future—today.

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Book Review, Communication, Real Estate Geoff Goodsell Book Review, Communication, Real Estate Geoff Goodsell

Book Review: Supercommunicators - A Game-Changer for Effective Communication

In today's fast-paced world, effective communication is more crucial than ever. "Supercommunicators" delves into the art of mastering this essential skill, offering practical tips and strategies that can be applied in various aspects of life. From active listening to the power of non-verbal cues, this book has profoundly transformed my personal and professional interactions. If you're looking to enhance your communication abilities, "Supercommunicators" is a must-read. Its insightful guidance has made a real difference for me, and I highly recommend it to anyone committed to becoming a better communicator.

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Blog, Book Review, Habits Geoff Goodsell Blog, Book Review, Habits Geoff Goodsell

Book Review: "Atomic Habits" by James Clear

In "Atomic Habits," James Clear delves into the power of tiny changes to create significant, lasting impact. The book's central premise is that small, consistent actions—what Clear terms "atomic habits"—can lead to remarkable transformations over time. Rather than focusing solely on grand goals, Clear emphasizes the importance of building effective systems and cultivating a mindset oriented around identity change. By making good habits obvious, attractive, easy, and satisfying, Clear provides readers with a practical framework to overcome bad habits and create positive ones. Whether you're looking to improve your health, boost productivity, or foster better relationships, "Atomic Habits" offers a roadmap to sustainable success, rooted in the science of behavior change.

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Real Estate, Investing, Military Geoff Goodsell Real Estate, Investing, Military Geoff Goodsell

Building a Real Estate Empire: Using VA Loans to Invest in Multi-Family Units

Investing in real estate can be a game-changer for financial stability, especially for military members. With the unique advantages offered by VA loans, veterans and active-duty service members can step into the lucrative world of multi-family property investments with minimal initial costs. Imagine owning a duplex, triplex, or even a fourplex, where your tenants help pay down your mortgage, allowing you to live almost rent-free while building equity.

VA loans eliminate the need for a down payment and private mortgage insurance, making it easier than ever to get started in real estate investing. By living in one unit and renting out the others, you not only cover your mortgage but also generate additional income. This strategy, known as "house hacking," can significantly boost your financial portfolio and pave the way for future investments.

Ready to transform your VA benefits into a wealth-building tool? Our comprehensive guide walks you through every step, from determining eligibility to managing your investment. Discover how you can turn your military service into a powerful asset for real estate success.

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Geoff Goodsell Geoff Goodsell

Strategic Investment Decisions: Leveraging IRR for Optimal Real Estate Portfolio Management

Maximizing Returns: The Role of Internal Rate of Return (IRR) in Commercial Real Estate Investments

In the competitive landscape of real estate investing, understanding and leveraging financial metrics is key to making informed decisions and maximizing returns. One such crucial metric is the Internal Rate of Return (IRR). This powerful tool provides investors with a detailed picture of a property's profitability over time, accounting for both cash inflows and outflows. In this blog, we will explore the significance of IRR in commercial real estate, how it compares to the capitalization rate (cap rate), and its applications in evaluating and managing investment opportunities. Whether you are a seasoned investor or new to the real estate market, mastering IRR can enhance your investment strategies and optimize your portfolio’s performance.

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Geoff Goodsell Geoff Goodsell

Exploring the Various Categories of Commercial Real Estate for Savvy Investors

Understanding the various categories of commercial real estate is crucial for investors seeking to diversify their portfolios and maximize returns. This comprehensive guide delves into the unique characteristics, advantages, and potential challenges of different commercial property types, including office buildings, retail spaces, industrial properties, multifamily housing, and hospitality properties. Whether you're a seasoned investor or new to the commercial real estate market, this article provides valuable insights to help you make informed investment decisions.

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Geoff Goodsell Geoff Goodsell

The Role of Property Management in Real Estate Investment Success

Investing in real estate can be highly profitable, but the success of your investment often depends on effective property management. From maximizing rental income and maintaining the property to handling tenant issues and ensuring legal compliance, professional property management is essential. By setting competitive rent prices, conducting regular maintenance, and managing tenant relations, property managers enhance your investment's profitability and reduce your workload. Partnering with a reputable property management company allows you to focus on growing your portfolio and enjoying the benefits of passive income. Ready to take your real estate investment to the next level? Contact us today to learn more!

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Real Estate Geoff Goodsell Real Estate Geoff Goodsell

Understanding Non-Disclosure Agreements in Commercial Real Estate

Navigating the nuances of Non-Disclosure Agreements (NDAs) is crucial in the fiercely competitive commercial real estate market. This blog post delves deep into the essence and profound impact of NDAs on all parties involved in a real estate transaction. From safeguarding sensitive information and fostering a trustworthy negotiation environment to ensuring legal protection and maintaining a competitive advantage, NDAs form an integral backbone of strategic real estate dealings.

Whether you're a seasoned investor, a diligent broker, or a potential buyer, understanding the dynamics of NDAs can greatly enhance your ability to manage confidential information effectively and secure advantageous deals. This discussion not only outlines what constitutes an NDA but also explains the critical elements that every real estate professional should be aware of. By grasping these concepts, you can prevent potential breaches of contract and navigate commercial real estate transactions with greater confidence and success. Dive into the intricacies of Non-Disclosure Agreements to protect your investments and elevate your real estate ventures.

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Golf Geoff Goodsell Golf Geoff Goodsell

Fairways to Heaven: Discovering the Top Golf Courses of Florida's Panhandle

In the heart of Florida's Panhandle, a golfer's paradise awaits, stretching from the sugary sands of Destin to the serene shores of Santa Rosa Beach. Our journey through this verdant corridor uncovers the premier golf courses where emerald greens meet azure skies, offering more than just a game, but an experience steeped in natural beauty and challenge. "Fairways to Heaven: Discovering the Top Golf Courses of Florida's Panhandle" invites you on an exclusive tour of the most coveted golfing destinations in the region. From the championship layouts in Destin to the tranquil vistas in Navarre, this blog post is your guide to the ultimate golfing adventure, where every swing brings a story, and every course tells a tale of beauty, precision, and the enduring allure of the game. Join us as we tee off into the splendor of Florida's finest fairways, a journey that promises to captivate the heart of every golfer.

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Geoff Goodsell Geoff Goodsell

Seizing Lucrative Real Estate Opportunities in the Florida Panhandle

Are you considering real estate investment in the Florida Panhandle? Look no further! In our latest blog, we explore the enticing opportunities that await investors in this vibrant coastal region.

Imagine owning a beachfront condo in Panama City Beach or a luxurious estate in Destin. These are not just dream scenarios; they're attainable realities in the Florida Panhandle. But beyond the allure of pristine beaches and charming communities lies the promise of significant financial growth.

In our blog, we take a deep dive into the potential financial gains of real estate investment in the Panhandle. We provide insights into top investment areas like Destin, Panama City Beach, Pensacola, Santa Rosa Beach, and Fort Walton Beach, showcasing the diverse range of opportunities available to investors.

But we don't stop there. We bring these opportunities to life with a real-life example, demonstrating how a beachfront condo purchased for $350,000 can yield substantial returns over a 10-year period. By factoring in annual expenses such as HOA fees and property management fees, we paint a realistic picture of the potential Return on Investment (ROI) investors can expect.

Whether you're a seasoned investor or new to real estate, our blog provides valuable insights to help you navigate the intricacies of the Florida Panhandle real estate market. Join us as we unlock the financial growth potential of real estate investment in this captivating coastal paradise.

Stay tuned for the full blog, where we delve into the details of investment strategies, rental income potential, property appreciation, and more. Don't miss out on this opportunity to seize your slice of paradise and embark on a journey towards financial prosperity in the Florida Panhandle.

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Real Estate Geoff Goodsell Real Estate Geoff Goodsell

Understanding Florida's Vacation Rental Legislation: What Buyers and Sellers Need to Know

Florida's vacation rental market stands at a crossroads with the pending decision on CS/SB 280 by Governor Ron DeSantis. This legislation seeks to centralize vacation rental regulation under the Florida Department of Business and Professional Regulation, potentially reducing local government authority. If passed, owners must adhere to statewide occupancy limits and designate a 24/7 representative for emergencies. While local enforcement remains, penalties for violations are outlined, including suspension and revocation of registrations. As the state transitions to a unified information system, buyers and sellers must stay informed to navigate potential changes in the vacation rental landscape.

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