The real estate market, unlike some other investment assets, acts in cycles. While the stock market has been notably unpredictable, the real estate market has historically been a bit more formulaic — it switches between sellers and buyers markets.
Millions of people across the country have been forced to reconsider the size of their homes, their finances, and their well-being. The US Census Bureau states 3.4% of the workforce was working remotely before 2020. According to the Stanford Institute for Economic Policy Research (SIEPR), a whopping 42% of the labor force in the US is now working from home.
Baseball, apple pie, and homeownership – these have traditionally been the three pillars of the American way of life or at least the accepted image of America. But times are in fact a-changing. Homeownership rates have seen a decline in recent years, and more of the market has been taken over by rentals. “Single-family rentals,” … Continued
Apartment buildings present some unique challenges when it comes to selling. It involves a different process than selling a house does, and that means certain steps become more important. In fact, it can be a very intimidating and overwhelming undertaking for those with little experience in this area. Here, then, are a few of the best ways … Continued
Buying and selling multi-family properties is considerably more complex than dealing with single-family homes. And that’s mostly because, typically, it involves a lot more people – the many tenants in the multi-family property. Add to that the financing and ROI challenges, and you can see that investing in multi-family properties is no small undertaking. To … Continued
Multi-family properties are great investments that have multiple tenants ensuring you are able to build equity in the property quickly and efficiently. But as with every niche in real estate, there are times to buy, times to hold and times to sell a property. Here are signs it is time to sell your multi-family property … Continued
Ready to up your real estate investment game? Don’t do it alone. Get a reputable and experienced commercial real estate agent to work the deal for you. If you are wondering how to find one, here are five signs of a great commercial real estate agent in Fort Lauderdale. Do your due diligence on an … Continued
The purchase contract is an essential part of a real estate transaction because it lays out all the pertinent details such as price and terms. In fact, in a well drawn-up purchase contract, every element of the transaction is addressed, from earnest money requirements to well disclosures. The purpose of such a contract is to … Continued
Over the last few years, generating additional personal income through individual or a handful of rental properties has become very popular. Investors from all over the world are coming to South Florida to take advantage of the strong tourism industry. Given our climate and proximity to the ocean, this area is a tourist hot spot … Continued
Getting ready to buy real estate? Then you know that you’re going to have to pool money together to pay for the down payment. But with rent, car payments, food, utilities, saving for the kids’ college tuition, and a little entertainment now and then, saving for that larger down payment certainly seems far easier said … Continued
What’s up everyone? So I’m excited to show you this project in Victoria Park, this one bedroom apartment. We’ve just completed it. It’s already on the market. We’re already getting showings, but here’s the final installment of the video series showing the project. We’re just going to show you a bunch of before and after shots, walk you through the project.
Real estate investing can make you a bunch of money, as many millionaires can attest. And while it has more risk than, say, investing in stocks, there’s also the potential for a much greater return on your investment – if you know what you are doing. Right now, though, prices are going up in many … Continued