At times I am astounded by the amount of vacant properties I see here in South Florida. I'm not referring to abandoned or other distressed properties. I am referring to under utilized investment properties and vacation homes. Some are for sale and have been on the market for months …
Investing in real estate can be a great way to build wealth, but it comes with a few financial hurdles. One such hurdle is the capital gains tax that investors face when they sell an investment property for a profit. Fortunately, there is a way to avoid paying capital gains …
Vacation rentals have always been popular in Florida. With the advent of Airbnb, they become even more popular. Short term vacation rentals generate much more revenues than regular annual rentals will. There are also a lot more work involved. Unless you hire a property manager and property management fees can …
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I just listed a two bedroom condo in Windward Lakes at 4035 W. McNab Rd Apt 107, Pompano Beach.
This unit is prefect for investors. It is currently rented by a long term tenant who can stay on. This tenant has been there for 5 years. The unit has laminate …
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On Dec 19th my rental listing at 4556 N Ocean Dr Apt 4 was rented. The two condo in the Ocean Apts building in Lauderdale by the Sea was listed for $1600 and rented for $1600 in just 19 days. The prior tenants had been paying $1500 a month. The …
On Dec 15th my rental listing at 535 Oaks Dr Apt 105 was rented. The two bedroom King model condo in Palm Aire Country Club was listed for $1250 and rented for $1250 in just six days. The prior tenants had been paying $1150 a month. The unit was only …
On Feb 2 my listing at 2300 SE 2nd Ave, Apt 12, Pompano Beach closed. The one bedroom unit in Mon Petit Condominium was listed for $89,000. It has 600 square feet of living space and was tenant occupied.
I was under contract in just two days! It sold to …
For a good five years there was a steady source of good deals. Short sales and foreclosures made up more than half the listings. Those short sales and bank owned properties are no longer driving the market in South Florida. They haven't for a couple of years now. At …
On May 13rd I closed a sale at 3050 NW 42nd Ave Apt C107, Coconut Creek, FL. The 2 bedroom condo is located in the Tradewinds section of The Township.
The apartment is a first floor unit and overlooks …