Friday, October 30, 2015

Paramount World Center - Condominimum Residences Available

Paramount - Miami World Center
Now Under Contract:
1, 2, and 3-bedroom Residences
Starting in the Mid-$700,000s



The Mall at Miami World Center
Two of the most sophisticated and world-renowned retailers,
with over 100 years of combined experience and successful
track records, join together to help build the future of
Downtown Miami.

For More Information, Please Contact Branon Edwards at 786-417-4910 or
Branon@InvestFloridaRealty.com

Wednesday, October 28, 2015

Miami One of the Top Real Estate Markets for Investors

3 Florida cities in top 10 for real estate investors

Need some guidelines for making choices for real estate investment? Well, help has arrived.

BiggerPockets just released its Real Estate Investment Market Index indicating the hottest markets to get the most out of your money.
Using criteria such as home purchase prices, appreciation and rental prices, BiggerPockets listed the 10 best cities for investment in 2015 – and also 10 cities where real estate investment may be a riskier bet.

Best places to invest and percentage of return

1. Dallas: 19.5% return.

2. Denver: 18.9% return.

3. Miami: 18.6% return.

4. Houston: 18.5% return.

5. Atlanta: 16.5% return.

6. Tampa: 16.4% return.

7. Detroit: 16.2% return.

8. Austin, Texas: 15.6% return.

9. Las Vegas: 15.3% return.

10. Orlando: 14.9% return.


Cities where investing may NOT be a good option

1. Hartford, Conn.: 4.4% return.

2. Salt Lake City: 5.4% return.

3. Louisville, Ky.: 5.7% return.

4. Milwaukee: 5.9% return.

5. Washington, D.C.: 6.4% return.

6. Los Angeles: 6.5% return.

7. Baltimore: 6.7% return.

8. New York: 7.1% return.

9. Boston: 7.4% return.

10. Birmingham, Alabama: 7.7% return.

Sources: "The 10 Best (and Worst) Cities for Investing in Real Estate May Surprise You," realtor.com. and "Bigger Pockets Real Estate Investment Market Index: The Best (and Worst) Major Markets for Real Estate Investors, 2015," The BiggerPockets Blog.

Reprint courtesy of and © Copyright 2015 INFORMATION, INC. Bethesda, MD (301) 215-4688. Original post here: http://www.floridarealtors.org/NewsAndEvents/article.cfm?p=1&id=329751

48 Ways to Speed a House Sale

Want to speed up the sale of your house?


Evaluate
1. Have a Realtor, interior decorator, or professional organizer walk through your home to evaluate what needs to be updated, repaired, or removed.

Repair
2. Patch damaged walls
3. Replaced cracked floor tiles
4. Oil squeaky doors
5. Fix sticky windows
6. Fix leaky faucets and toilets
7. Re-caulk tubs and sinks
8. Replace broken windows and screens

Update
9. Replace cabinet knobs and pulls
10. Update lighting fixures, if needed.
11. Update blinds, if needed
12. Replace faucets and shower heads, if needed

Paint
13. Paint the interior in neutral colors
14. Paint exterior doors and window trim
15. Paint shutters
16. Repaint exterior, if needed

Brighten
17. Take down heavy window treatments that block light
18. Wash all windows
19. Increase the wattage of light bulbs
20. Replace dark lamp shades

Depersonalize
21. Remove family photos
22. Store knickknacks

De-Clutter
23. Thin out the books on your shelves
24. Empty kitchen counters
25. Place out-of-season clothing in storage
26. Rent a storage unit to store unneeded items

Organize
27. Organize pantry
28. Organize closets
29. Organize basement
30. Organize garage and shed

Clean
31. Clean all interior surfaces
32. Wash windows and doors
33. Air out and clean in cabinets and under sinks
34. Power wash exterior of house and sidewalks
35. Clean outdoor furniture
36. Clean porch lights of cobwebs and debris

Hide Signs of Pets
37. Remove pet smells
38. Hide pet food and bowls
39. Take pets for a walk during showings or send them to day care during open houses

Stage Inside
40. Reduce the amount of furniture in each room
41. Organize furniture to create seating areas and give each part of the home a purpose
42. Place cut flowers around home during showings

Prune and Landscape
43. Remove dead plants
44. Prune or replace overgrown shrubs
45. Fill open spots with seasonal flowers
46. Add fresh mulch to beds

Stage Outside
47. Make sure front porch/entryway is clean and inviting
48. Use outdoor furniture to create inviting living spaces

Please contact Branon Edwards at 786-417-4910 or
Branon@InvestFloridaRealty.com to Schedule Your Consultation.

Freestanding Restaurant on Dixie Highway For Sale


Asking $1,850,000

Your chance to own the iconic Ambrosia Restaurant Building. Free standing building on the corner of Palm Street and South Dixie across from the Norton Museum amidst lots of redevelopment. Building originally 2 units opened to single unit. Seats 96, 17 parking. Business available separately or take all at $2.35mm. Front dining room temporarily leased as dry cleaner pick up/drop off.

View the brochure in the multiple listing service here:
http://southfloridamls.com/DotNet/Pub/EmailView.aspx?r=449343207&s=FLL&t=FLL

The Norton Museum of Art is planning a $60 Million complex directly across Palm Avenue from this building.

Here are a few articles on the corridor that you may find of interest:
http://ireader.olivesoftware.com/Olive/iReader/PalmBeachPost/SharedArticle.ashx?document=PBC\2015\06\07&article=Ar05100
http://inhabitat.com/foster-partners-add-their-magic-touch-to-norton-museum-of-art-in-west-palm-beach/
http://www.bizjournals.com/southflorida/news/2015/03/16/contractor-hired-for-expansion-of-west-palm-beach.html


Please Contact Branon Edwards at 786-417-4910 or
Branon@InvestFloridaRealty.com For More Information or a Personal Tour

Punta Gorda Isles, Sailboat Gulf Access For Sale

"The Castle" in Punta Gorda Isles is For Sale!

A well-known landmark in the 'Bird Section' of Punta Gorda Isles, this custom home was built in 2008.

You can view the property brochure in the Multiple Listing Service here:
http://southfloridamls.com/DotNet/Pub/EmailView.aspx?r=1564511982&s=FLL&t=FLL

"The Castle of Punta Gorda Isles" - finally for sale, this unique custom home features a builder's half-acre lot w/10,000lb boat lift & Sailboat Gulf Access! Located in the Bird Section of PGI, the home has 3-bedrooms, den, gym, 3.5-baths, formal living room, formal dining room, family room & breakfast area overlooking the covered patio and screened lanai with heated pool/Jacuzzi/bbq. Lush mature landscaping, a turret enclosing the 2-story tower shower, panic room & 40ft RV garage make it an area icon.

Tuesday, October 27, 2015

29 Ways It Pays to Work with a Realtor


• Determine how much home you can afford.
• Price existing home without the input of a market expert.
• Check credit report.
• Put existing house on the market.
• Decide where to advertise to reach best potential buyers.
• Host open house to sell existing home.
• Schedule appointments to show current home or to see new ones.
• Find new home with all the features you want.
• Investigate school system.
• Research neighborhoods and local amenities.
• Analyze comparable home sales and make offer on new home.
• Review homeowners’ association documents on new home.
• Meet home and pest inspectors for review of current home.
• Arrange home and pest inspections of new home.
• Drafts the contract to purchase your new home.
• Review and approve contract.
• Negotiate terms of sale or purchase including repairs or concessions.
• Get signed contract to seller.
• Hire attorney or title company to complete closing research.
• Choose mortgage lender.
• Hire surveyor to survey property.
• Order title search.
• Obtain title insurance.
• Review and approve closing costs.
• Obtain homeowners’ insurance.
• Conduct final walk-throughs of home.
• Coordinate closing with lender, title company, and customer.
• Review and sign closing documents.

Saturday, October 24, 2015

Should You Hire A Realtor?

Why should you hire a Realtor?


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Branon A. Edwards, Broker for Aqualand Real Estate, LLC represents buyers and sellers of real estate in South Florida, particularly Broward, Miami-Dade, and Palm Beach Counties. Whether you're looking to buy, sell, rent, or have your property managed professionally, Aqualand is a full-service real estate brokerage.

Call Branon Today at 786-417-4910

or email him at Branon@InvestFloridaRealty.com


Thank you for the opportunity to earn your business.

Rents Are Going Up Again... Are You Ready to Buy Instead?

Renting? Brace yourself. It’s going to cost more

 
Rents skyrocketed in 2014 and many analysts didn't think those escalating costs could continue – but they were wrong so far. Rising rents have yet to slow in 2015 – and in fact, rents have gotten higher – and the increases likely will continue into next year.

Annual rent growth in September was 5.2 percent – the highest since 2011, according to Axiometrics, an apartment research firm. That also marks the eighth consecutive month the rate has been 5 percent or higher. A year ago, annual rent growth was 4.1 percent.

"The eight months the rate has been above 5 percent is the longest sustained period of strength we have seen," says Stephanie McCleskey, vice president of research at Axiometrics. "The last growth cycle was only four years, and this cycle is already five years long – with no sign of stopping."
Apartment construction has been increasing to meet rising demand, but some say it's still falling far too short.

"New inventory coming to market is weighted to the high end – it's urban, Class A, with a rich set of amenities, targeting the coveted college-educated millennial," Sam Chandan, president of Chandan Economics, told CNBC. "Overall, we still have an affordability crisis in the United States with rents rising faster than incomes for the fourth-consecutive year."

In September, apartment vacancies were low – at 95.3 percent occupied nationally. Axiometrics considers anything above 95 percent as a "full" market.

But weak income growth may not support rent growths much longer in some markets.
"There is only so hard you can push on rents," Chandan says.

Some studies are showing that it is more affordable to buy a home than rent. But inventory constraints in the for-sale market – particularly on the lower end – can keep renters renting and unable to save for a downpayment due to the high rental costs.

Lately, rent gains are highest in cities with boom tech sectors, such as Seattle, Denver and Portland, Ore. Rental prices are also above average in Nashville, Tenn., Charlotte. N.C., and several cities in Florida, Axiometrics reports.

"Younger, newly formed households continue to move out of their parents' or roommate living arrangements and rent an apartment, driving up the demand for more rental units," says David Crowe, chief economist for the National Association of Home Builders.

Meanwhile, homebuilders – such as Lennar and Toll Brothers – are adding more rental apartments to their mix.

"Thirty-five percent of new home starts in 2015 have been multi-unit," CNBC reports. "That is higher than a year ago and the highest share since 1973. Developers are simply going to where demand is highest and most lucrative."

Reprint Courtesy of Source: "Think Your Rent's Too Darn High? Just Wait," CNBC (Oct. 20, 2015)
© Copyright 2015 INFORMATION, INC. Bethesda, MD (301) 215-4688 Original Post Here: http://www.floridarealtors.org/NewsAndEvents/article.cfm?p=5&id=329554