Posts Tagged ‘real estate’

Getting the Best Deal in Miami Commercial Real Estate

October 24, 2012

If you are considering commercial real estate, you are on the point of having the opportunity to make some excellent profits. But of course it is important that you know what you are doing and have some great investment strategies that will make you successful.

This is venture that can be very lucrative are you doing it in the right way. But of course it is very important that you learn how to obtain good commercial real estate deals. Today there are different of commercial properties in Miami that you can get involved in such as apartments, to office buildings, warehouses or purchasing a land and developing commercial properties on it.

Strategies to keep in mind

If you are trying to obtain a good commercial real estate deals, it is going to take more than great luck. You should have strategies in place that will help you find thee excellent deal in the first place. Here are some of the few strategies that you should keep in mind when looking for South Florida commercial real estate deals.

Commercial real estate agents

One of the best strategies that you can use to find excellent commercial deals is to hire a commercial real estate agent as well as property managements firms. These professional experts can help you through the entire process and they can even help you find great commercial deals as well. Though you need professional fees to them, you will lessen your risks and you will definitely enjoy excellent benefits that will make the fees well worth it.

Do some research?

Doing your research is the best strategy and for sure you will be able to use it. Make sure that you have research the area you are thinking of investing in and do thorough job. This is especially important if you are planning to invest apartments. You have to find out the average income average of the household in the area, the rates of vacancy and anything you possibly can to help you make a wide decision.

Analyze success of tenants

Another of the strategies that you should be using includes analyzing the success of the tenants before you purchase a commercial property. If tenants are not successful, then you have to think again the purchase. The last thing you need is a building that goes vacant because the businesses of your tenants go under.

Things to remember

There definitely can be a lot to purchasing Miami commercial real estate and even with great strategies you need to make sure that you carefully consider each deal. As you start looking for the perfect properties, you have to make sure to keep these things in mind.

Ella Ayson

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Commercial Real Estate — Adding Value To Your Property To Boost Profitability

October 15, 2012

There are a lot of people that turn to the South Florida commercial real estate market because of its great potential to create a sizable profit for any investors. Aside from the actual fact that Miami is one of the best locations for people to place their investments, it has proven to be among the most beautiful places in the United States which can allow an investor to be surrounded by the sensational brilliance of South Florida.

However, there is more to commercial real estate investments than just being able to acquire suitable properties from the Florida investment property market. In fact, it has become known to numerous investors that they also have the power to add value to their investment properties which will essentially be in favor to the investors who are able to do so successfully.

We are now going to look into the possible ways that any investor can add value to an investment property to help them create even more profit in the future starting with a simple step that incorporates the use of language in the Contract of Sale that will grant the investor control over the Miami commercial real estate property which will ideally be during the stages where the least amount of finances are at risk.

In doing so, investors will find it best to learn about contingencies which are basically unexpected events or situations that can influence the financial health of a company. If you are someone who is going to invest in a property then it is best that you learn as much as you can about various contingencies which can be used in order to have some control over the possible risks and rewards of the investment.

Having already acquired a suitable property option from the  market, the idea is to add to its existing value by dedicating reasonable amounts of money into addressing any issues that can improve the overall aesthetic as well as functional value of the investment property.

Whether it involves having landscaping work done or simply having upgrades made which can make the property more appealing, these are all options that will prove to be suitable in your goal of adding value to the property. Sure, it is going to cost you now but the benefits of having a better piece of property will definitely be reflected in the future as profits gained will be increased by the fact that your Miami commercial real estate property now holds more value.

By Joan Vonnegut

Miami Luxury Homes – How To Trim Down Your Options & Choose The Property Of Your Dreams

October 3, 2012

One thing that used to boggle me was this: why do people who can already afford their own house still prefer to rent condos and live in a very fast paced life? Stress, it kills. Not to mention the cancerous sun. Read along to know more about how lucky I got.

By purchasing a house that fits your price range. And when you have substantial income, you should be able to afford it. By being able to do this, you should be driven closer to your life-long dreams and goals. I never knew that having a good promotion from work would lead me to a more luxurious and elegant lifestyle here in Miami.

It isn’t just a matter of throwing up a bulk sum of money that will cover the expenses of buying your own house since you have to make room for other things that may get in-between you and the house that you’ve been eyeing. As promising as most agencies may seem to put it, acquiring the most ideal Miami luxury home of your dreams may end up being more challenging that you might have expected.

Certain concerns need to be addressed before you can carry on with your next moves, but the good news is that these things can always be sorted out with a reasonable amount of energy. You start to address these issues with the help of a real estate agent, but this is also where the first of the aforementioned concerns begin. Being able to build a healthy trust with the real estate agent of your choice is supposed to be taken into consideration so that you can feel comfortable when discussing your preferences.

If you cannot trust the agent, then how can you trust the options that they are making available to you? This is something that you cannot overlook, especially when it is a major move that will contribute to the outcome of your life in the years to come. Once you know for certain that the real estate agent you are speaking with is competent in terms of Miami luxury homes, get down with the access. Meaning you should now have the key to houses that aren’t usually accessible to other people.

So what does this article tell us? When it comes to seeking Miami luxury homes of your choice, financing can be rather complex. Having said that, it should also be important to be aware that the higher the value of the home, then the higher the risk there is involved, and nobody wants to be involved in high-risk transactions.

Quentin Battle

Finding the Best Miami Beach Condos

October 2, 2012

Miami Beach is one of the hottest destinations for most tourists who want to enjoy their vacation and escape from winter. Aside from being the number one tourists spot, it is also known for hodgepodge of investment. And being in Miami, condos are the most sought after and in demand real estate properties for that tourist who is looking for potential investment.

Miami Beach condos are the most attractive real estate investment options for the property buyers. These luxury condos offer the amenities and services that typically suit the lifestyle of both local and foreign real estate investors. With this, you will surely find mixed bag of population occupying the luxurious condominiums along the strip of Mimi Beach.

Here are some of the tips that you need to consider when investing Miami Beach condo.

Your Finance

To start with your investment, you have to know that Miami Beach condos are known to be expensive. Before you start with your search for the luxury condo, you have to fix your budget and make sure is at your disposal right at the moment you need it. You may shop around for mortgage loan with low interest rate and easy payment terms. Make sure that you have good credit score and ready documents ahead of time before making the loan application.

Shop till you narrow down your lists

With the availability if internet listings, it is a lot easier for property buyers to come across the ideal property in the Miami Beach. Through these lists you will be able to see the features and photographs of the Miami Beach condos and be able to make comparison between various properties. Through this you will be able to explore and compare huge number of condo units in the different location around Miami Beach right from the comfort of your home. This little research will pay you big as you find your dream condo property on the Miami Beach.

Hire real estate agent who specialized with these real estate properties

Once you have list of come condo properties of your choice, then you have to land in the field. If you are not aware of the nooks and corners of the real estate investing, then you must hire the help of a Miami real estate agent. Aside from guiding you through the whole condo buying procedure, he can also expedite the entire procedure. From the real estate agent you will get the first hand information about various properties – old and upcoming, their prices and features and so on. Especially if you are new to the city of Miami, the real estate agent will be of great help in negotiating with the developer, Clearing the hassles and finally grabbing the deal. For a reasonable fee, this Miami Beach condos expert can help you end up with a hassle free condo acquisition for you.

Ella Ayson

South Florida Is Looking Forward To More Interesting Real Estate Trends In 2012

September 28, 2012

2011 was such an interesting year for the South Florida real estate market as various trends were noted by experts who had kept their eye on the struggling market which had experienced a rise in sales volumes, drooping prices, and such a strong demand which was particularly coming from international property buyers — many of whom were willing to pay in cash.

Beginning with the incredibly strong demand from international property buyers, it had definitely been a very promising trend for the South Florida who had found the volume of sales leading to over $3.5 billion worth of cash which had been spent by these property buyers on real estate that they were able to acquire from the property market at bargain rates mostly due to the fact that many of these deals had involved foreclosed properties.

As far as the foreclosure issue is concerned, the numbers continue to grow which now sends off a clear indication that more and more people will indeed find it to be in their best interest to take advantage of the great deals which are being made available at the present time. Should the issue on foreclosures keep going at a steady pace, the chance for people to purchase bargain deals could very well extend further out into the future.

Now, when it comes to the actual property prices on the real estate options that are found on the South Florida real estate market, people can expect prices to go up as growing sales have led to a shrinking inventory which, in accordance with the laws of supply and demand, push property prices up.

Alongside the growth in the number of sales and the fact that the current inventory is shrinking, there is worry of yet another wave of foreclosures which, as mentioned earlier, could mean that property buyers will have even more opportunities to own South Florida real estate properties at discounted rates. Of course, such opportunities are sure to be made note of by many of today’s investors which come from all around the world which is why it is also expected that 2012 is sure to bring even more foreign activity as all signs point to yes on the property market.

If you have been thinking about what opportunities await you on the South Florida real estate market, you will have many different aspects that you can look at in order to find out whether or not it will be in your best interest to act upon these options at the moment. Nevertheless, 2012 is looking to be another interesting year as people look forward to learning how things will unfold in the upcoming months.

Joan Vonnegut

Expect To Find Great Miami Real Estate In Different Cities That Share The Best Qualities Of Florida

September 21, 2012

Being located in the Sunshine State of Florida, it is no surprise to find Miami to be among the few locations that are able to have the pleasure of living in a place where the skies are always sunny and clear while the beaches remain to be of such intense beauty. It is really quite obvious why so many people prefer the Miami real estate market when it comes to their property needs.

Such incredible natural beauty is definitely one of the strongest points that the Miami area has to offer people from all over the world. In fact, people really do travel from all over the world in order to share that unique experience which often leaves such a lasting impression that is strong enough to compel them into wanting to reside within Miami for good — or at least to have the opportunity to own real estate that they can utilize whenever they do have the luxury of spending time in the area.

Now, people who have gone the extra mile when it comes to being able to experience what makes Miami so unique can expect to find that there are numerous cities that people can choose from when they go about the options that are currently available to them on the Florida Housing market — Aventura, Coral Gables, Miami Beach, North Bay Village, North Miami Beach, Sunny Isles Beach, and so on.

The great thing about all of these cities is that people will find that the common asset that makes these cities so remarkable is the fact that they all share the same sunshine and spectacular beauty that makes the region one of the best beach resort destinations on the planet up until this very day.

Of course, people will find that each of these cities have their own distinctive features which make them different from one another and that is a quality that adds to how any of today’s property buyers will be able to choose among the various Miami real estate properties so that they can be sure to find exactly what it is that they are looking for in a living environment that lives up to their needs and expectations as people do tend to have high expectations when it comes to living in Miami but that is something that the Miami real estate market is surely able to cater to regardless of how high the expectations may be.

Joan Vonnegut

Different Details That You Need To Consider When Buying Miami Luxury Home

September 14, 2012

It is not easy to enter the luxury real estate market. Although you have enough funds to buy your dream luxury home in the Miami real estate, there are still other things that can cause serious hurdle in achieving success in your investment.

There are certain challenges that you can meet along the way but these challenges can be overcome easily. Here are some of the tips that can help you clarify some of the challenges that you might meet along the way.

Real estate agent

Hiring the right real estate agent can be one of the challenges that you need to overcome in buying Miami Beach luxury home. Actually it is not easy to find the right real estate agent that will help you find the home that you are looking for. It is important to find a real estate agent that has certain skills in order to help you efficiently.

As a starter you need to find a real estate agent that have specialized experience in helping buying of luxury properties. It is a known fact that not all of these luxury homes are easily accessible with this it is important that you hire an agent that have necessary connections to give you access to certain inaccessible markets. It is also important to have a real estate agent that can give you the necessary help not only during the search but also when it comes to financing.

Preferences

Your preferences as a homebuyer are very important when making a purchase of Miami luxury homes. You have to shape up your dream home according to what you want and your standards and this is where things get a little bit complicated. Luxury homes are famous for their features. Most popular ones are located near the beach, giving you an immediate access to the sea. There are also some in the metro complete with views. These homes are filled with other amenities: from expensive square-footage to private docks and spacious rooms, they are indeed the best among the best. The best way for you to overcome challenges is by sticking to your preferences and knowing exactly what you want and needs.

Financing

One of the important things that you need to consider when buying a Miami luxury homes is the financing. Ehen buying such luxury real estate properties, financing can be very complicated. You must know that the higher the price of the home that larger the risks that you need to face and lenders do not want high risks. It is always important to make yourself an attractive borrower. But if you already have a lender with whom you have professional relationship, it will be easier to get financing you need for your home. And since you already have the record you need, the entire process will be much faster and the chances higher.

Ella Ayson

Information For Wealthy Property Buyers About The Village Of Bal Harbour In Miami

September 13, 2012

Out of the many options within Miami, it seems that the Bal Harbour real estate market has truly made a such a profound impact on the many wealthy property buyers who are looking to find exquisite luxury property options within the region today.

If you happen to be among the people who would like to experience the satisfaction of being able to own a luxury home within Miami, you should definitely take the time to learn more about the village of Bal Harbour to help you understand more about the area and what it has to offer.

Physical Attributes

The village of Bal Harbour is a community with a total land area of 0.34 square miles that is set upon the northern tip of the Miami Beach barrier island and is located between the Biscayne Bay and Atlantic Ocean.

It the northernmost island which lies 6 feet above sea level and offers an exquisite oceanfront setting where people can easily take in the majestic beauty of the South Florida region.

Village History

It was back in the 1920s when the area now known as the village of Bal Harbour was taken into the hands of Robert C. Graham who has worked towards developing the area into becoming a place that would have been called the Village.

However, in 1940, plans had come to an abrupt halt with the outbreak of World War II. It was then that the area was rented out to the United States Air Corps for a value of $1 annually. It became the training camp for soldiers while the oceanfront area had become a site for their rifle range and barracks.

After the war had ended in 1945, the barracks on site were turned into apartments and eventually, the area had been incorporated as a city — an event which took place in 1946.

Over the decades, the village had been developed with the addition of churches, beach clubs, bridges, and hotels. Up until this very day, people can expect to find many Bal Harbour real estate development projects underway which are going to provide even more options for the many wealthy property buyers who are looking for the best of Miami’s luxury real estate options.

Quality of Life

One of the best things about the Bal Harbour real estate market is the fact that each and every single one of the options that are being made available to property buyers from all over the world provides them with access to the illustrious quality of life that is offered within the village.

It has become an internationally known playground for rich and famous individuals who are looking for something that is unlike any other beach resort destination in the United States today. With Bal Harbour’s phenomenal location and world-class real estate options, people are easily given the opportunity to indulge in opulence that is always a cut above the rest.

In fact, the Bal Harbour Shop located along Collins Avenue is probably one of the best examples to depict how luxurious life in the village can be as it features such a wide selection of first-rate shopping options by designers from all around the world.

But aside from being ultimately luxurious, many have come to find that the quality of living within the village is definitely among the best within Miami as it is very safe by any standard, especially with its strong police force which sees to everyone’s overall welfare and safety.

Property Options

There are many outstanding property options that await property buyers from all over the world. If you are more inclined to go for the most highly sought after property options on today’s Bal Harbour real estate market then its selection of ultra-luxury condos are definitely your best bet. Nevertheless, people who are looking for single-family homes will also find a superb range of options which are located in exclusive settings within the village.

It is without a single doubt that the village of Bal Harbour has everything that any wealthy property buyer could possibly look for within the Miami region today.

The Newest Key Biscayne Real Estate Controversy: The MAST Academy Proposal

September 10, 2012

Over the years, the Key Biscayne real estate market has faced a series of controversies which revolve around the numerous construction projects that have resulted in several hotels and condominiums within the beautiful island community — projects which have essentially triggered a rise in the area’s population.

However, one of the most recent controversies happens to involve an expansion plan which has nothing at all to do with any hotels or condominiums. In fact, the plan has much to do with the need for a local high school which many hope will materialize in the form of the Maritime and Science Technology (MAST) Academy.

The Key Biscayne Community

People who seek an ideal community setting within Florida often come to find Key Biscayne real estate to be a perfect option, especially since it is one of the region’s most exclusive oceanfront communities today.

The community itself is located on an island that goes by the same name. It is situated south of Miami Beach and east of Miami proper which means that people who choose to live within Key Biscayne can easily access both cities with relative ease by taking the Rickenbacker Causeway to the mainland.

In 2010, the area’s population was recorded to be 12,344 which marks an increase of 17.5 percent in a span of just one decade. According to recent statistics, the estimated median household income for the community is $99,796 which is above the average household income for the state of Florida.

The Need for a Local High School

As the population within the community continues to grow, so does the general need for a local high school. As a matter of fact, the community has pledged $18 million in financing which is inclusive of construction contributions of about $9 million in order to see to it that the plan will push through.

In the event that the proposed MAST Academy plan is approved, residents can look forward to two new academies which will offer 1,100 seats which will prioritize Key Biscayne residents. Also mentioned in the proposal is the fact that, once the expansion project has reached completion, the school is set to be renamed to MAST Academy at Virginia Key.

Its Impact on Key Biscayne Real Estate

One of the important aspects that property buyers look into when it comes to their list of options is making sure that they have everything that they need, including schools. In the event that the MAST Academy proposal pushes through with success, it could be a great advantage for the Key Biscayne real estate market as property buyers will be more inclined to live within the community knowing that there is a good school that would be located within close proximity to home.

If you would like to learn about the different options that are currently offered on the Key Biscayne real estate market, you should contact a professional agent for more information.

Yaz Morgan

Bargain Deals On The Miami Real Estate Market Are Still Available: Know How To Find Them

September 7, 2012

Contrary to previous reports regarding bargain deals not being available on the Miami real estate market, it seems that there are still many great bargain deals that remain on today’s market. Sure, the demand is high and property prices are catching up as well due to the fact that inventory supply is dropping across the region; but there are still fabulous options for people to choose from that won’t necessarily break their budget — people only need to know how to find them.

There is so much that living in Miami can do for a person. Aside from being a superb region that offers tropical climate and world-class beaches within a setting along the Atlantic coast of South Florida, the quality of living that people are able to gain from simply being within the region has proven to be absolutely outstanding.

Whether you are looking to live on your own or raise your own family, you will find many home options that will provide you with exactly what you need — the perfect bachelor’s pad in neighborhoods such as Millionaire’s Row or Brickell, four-bedroom condominiums in family-friend communities such as Sunny Isles Beach, luxury apartments in happening areas within Miami Beach, and even luxury homes that are situated in the most exclusive gated communities within the region such as Hibiscus, Star, and Palm Islands.

It is true that being able to find a reasonably priced property can be a great challenge for anyone. In fact, knowing that there are many other property buyers who are actively looking for the best deals on the Miami real estate market can definitely add to the pressure that comes with trying to find options that are suitable for you.

Of course, the fact that prices on the market are indeed working their way up will be something that property buyers will have to take into consideration, especially those who are working under a tight budget. According to recent figures, $155,000 is the average sales price for homes within the Miami region and that marks an increase of 9.3 percent compared to figures in the previous year. But if there is a will, there will always be a way!

Property buyers who would like to experience the magic that makes Miami one of the most preferred locations within the United States simply need to know that the help of a professional real estate agent remains to be the most effective way for them to get exactly what they want from the market, even when it comes to finding any financial assistance with regards to the purchase. So don’t waste any more time or resources trying to shrug off the idea of having a better life within Miami, get in touch with an agent today.

Yaz Morgan