How You Can Flip Land For Massive Profits in Todays Horrible Housing Market-Want in on a little known yet highly profitable niche in real estate with *next-to-zero*competition and involves NO houses or buildings of any kind? This free video training reveals an exciting and easy way to make money in real estate buying raw land for, literally, pennies on the dollar.Why Flip Land the answer is easy because land doesnt have the 3 Ts No TERMITES, No...more
It’s only natural to think of real estate when starting a business. Especially if you need a base of operations for your venture, learning everything you can about commercial real estate is imperative. Like other markets in the country, the Florida commercial real estate market is filled with plenty of options. Before you think about entering, however, you must first learn the basics. And two of the most crucial information you...more
Buying a new home in the Miami real estate market is rarely easy; there are simply too many things to consider. First you need to think about the location, and then the home itself. Next, you have to look for the right financing. And most importantly, you need to find the right person to help you searching for the perfect home. Luckily, these things will be manageable if you know some of the basic requirements of house hunting. Read on to find out.Financial documents Before you catch a snag when finding the right financing, always settle all your financial documents first. When you are planning to take out a loan, the first step is to determine your credit-worthiness. Like other markets in the country, the Miami real estate market has homes that are quite affordable. However, you cannot expect to be able to buy them with a less-than-stellar credit score. If you haven’t reviewed your report yet, now is as good a time as any to start. Also, don’t forget other financial musts as well. Things you will probably need to gather may include: complete list of account numbers, recent investments, account statements from the last two months, list of all income, and a...more
Does the thought of buying a one- or two-bedroom apartment with plain, egg shell-white walls and L-shape layout bore you to tears? Does your lifestyle include plenty of action, or at least living in the near vicinity of the action? Then a loft may be just what you are looking for.Defined by its open concept floor plan, high ceilings and exposed...more
The NumbersAs a homebuyer, you should already know that the closing day expenses are a major factor involved in buying a real estate property. If, however, youre in the city out browsing prospective Miami real estate property, you must realize that the city has the fourth highest closing costs as of 2008. The closing costs in Miami average of as...more
1. Deal with the problem urgentlyOnce a Miami condo owner fails to pay his or her dues, you and other board members should act quickly and stand ground. Inform the delinquent owner about the financial responsibilities of owning a condominium, and that each has to pay not only out of obligation but for fairness to other homeowners who are paying regularly. 2. Ask for professional adviceAs a volunteer, you dont have to pressure yourself into convincing the delinquent Miami condo owner to pay the dues. You must realize your own limitations and seek professional advice from accountants, lawyers and specific agencies. If the association is facing financial troubles, dont discuss the problem outside of the board meetings. Act professionally and stay professional when dealing with the problems.3. Special assessmentSpecial assessments are sometimes needed to supplement expenses and projects. In Florida, the act of imposing special assessments is embodied in home rule authority. Like other condo boards, special assessments are used as a crisis management tool to cover uncollected dues. However, you should think about the other homeowners who are diligent in their payments. Imposing special...more
Navigating through today's maze of properties for sale can be tricky. Having a realtor who not only knows the area, but can also gauge what type of home is best for you, is essential. But how do you choose the most qualified person for your quest?...more
The use of the outdoor spaceIf you have a detached Miami luxury home, the place where youre likely to gather your guests is the backyard. In most instances, you, as the host, will be busy around the kitchen preparing the food and beverages. Adding a...more
Effect of foreclosure to nearby homesA single Fort Lauderdale foreclosure may not do much damage but its uncommon to see such neighborhood. Communities plagued with distressed and abandoned homes see themselves also yielding to home devaluation. By...more
1. Choose a strangerAlthough its definitely tempting to bunk with your best friend from college or even a childhood friend, living together will increase the chances of your friendships ruin. So before telling your friend that youre looking for a...more
The phrase "curb appeal" has literally become a household word in the last few years most homeowners want their house to have that pizzazz on first glance. So how does one get the nod from neighbors without spending too much money in the process?One...more
When people find themselves in the horrendous position of having to give up their home due to a financial crisis, the thought of foreclosure is extremely stressful. But there is one solution that may take some of the sting out of such a loss the...more