I am searching for deals in Miami while here on vacation, particularily FSBO's. If you have any deals or know anyone that may, please let me know as I will start my search today. Thanks!
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Lenee
~Act successful! And you'll draw it to you.~
~Every achievement, big or small, begins in your mind. It starts as a thought.~
One of my mentors has benn doing a lot of investing there recently. Sounds like Miami is seeing a lot of appreciation and dom is fairly low. Good Luck!
Miami condo sales are up 54% yoy and 59% of condo sales were for cash. Foreign investors playing a big part.
is right about foreign investors being a large part of the playing field in Miami. However, the market overall still is horrible because of their overbuilding. Numbers can play tricks so don't always buy into them. If Miami had 2 condo sales in 2010 but 4 condo sales in 2011, the sales increase would be 100%, but the the market would still stink. Things can change but Miami real estate is still an iffy proposition.
Always Looking to Acquire Houses | Always Looking to Amaze Investors
I just sent you a message.
Just le tme know...
Have fun. Work and play....lol let's close another one
To get something you've NEVER HAD
DO something you've NEVER DONE.
Hope you are enjoying our nice cool Florida weather LOL
Having sold a house in Miami last Dec. after living there for over 35 years, I can tell you that Bill (above) is right on the money. Proceed with caution.
Ft Lauderdale is poised to be a better market than Miami is at the moment. Remember I said "POISED". It's not "There" yet. If you want the name of a good agent down there, let me know.
Enjoy your vacation
Andy Sager
DG's AndyS
Andy Sager
DG's AndyS
CFIC & IE member
2013, 2014, 2015 & 2016 EDGE Alumni