5 Real Estate Investing Tips

5 Real Estate Investing Tips

5 Things To Consider Before Investing Into Real Estate. 

Are you planning to invest in the real estate market? Investing in real estate is one of the best forms of long-term investment options. However, before you make a decision to invest in a given property, there are certain factors that you need to consider. Just like any other investment option, there are some risks involved and you need to do your research well to ensure you are making the right investment choice.

My name is Jester Nino, a licensed broker associate with EXP Realty and I’m here to tell you the 5 most important things that you should consider before investing in real estate.

1. Understand your specific goals, know your WHY

Are you interested in residential or commercial property? Are you in fix and flip investment? Having a clear investment goal will help you make the right decision when it comes to the right property to invest in and the most ideal location. When you have a clear understanding of the specific real estate segment to invest in, you will have an easier time narrowing down your choice from the many options available.

2. Know your numbers

Any investment is a game of numbers. When investing in real estate, one of the factors that you need to consider is financing and investment cost. What’s your budget? What is the expected return on investment? What’s the expected increased intrinsic value? What are your carrying costs, rehabilitation, and resale costs? Understanding the math on these variables can help you have a better cost-benefit analysis before making your final real estate investment decision.

3. Understand the reason why you’re buying that property

What’s your investment purpose? Why are you interested in this property and not any other? There are different types of real estate investments such as; REITS, vacant land, residential, commercial, and wholesaling. Having a clear understanding of your real estate investment goal will help you select the right property and ideal location that will help you achieve your investment objective. You will also understand how that type of property has been performing recently in the market and the best time to buy and sell.

4. Understand the risk factors

Although real estate investing is one of the safest investment options, it’s not without risks. Every real estate asset class has its own risk profile. Therefore, you need to research and understand the risks that are associated with your preferred investment choice so that you can learn how to minimize them. Common real estate risks include liquidity, structural, leverage, location, credit, and general market risks. Investing in real estate is capital intensive and you can end up making huge losses if you don’t scrutinize the associated investment risks and mitigate them.

5. Jump in and start small

Don’t wait until you know everything relating to real estate investment so that you can start investing. Sometimes the best way is to start small and learn on the job. Once you have familiarized yourself with the dos and don’ts of real estate investment, take the first step and start investing. When you start small, you can learn from a few mistakes that you will make. Once you get better returns on your investment, the success that you will get will motivate you to even invest more. As one of my mentors always says, “To be successful you must accept failure.”

Are you a real estate investor or you are planning to become one and you don’t know where to start? Contact me at 305-204-3585 for a professional guide on how to find a profitable real estate investment in Miami, Florida.

Jester Nino
Broker Associate
Oscar Teran Group | C5 | EXP Realty

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3 Reasons To Sell Your House Now

3 Reasons To Sell Your House Now

3 Reasons To Sell Your Home In Today’s Market. 

Should I sell my house now or wait? This is a common question many homeowners in South Florida and Miami-Dade are currently asking themselves. The truth of the matter is, the South Florida real estate market is still booming in and this is the best time to sell your house. Houses are selling above the asking price and the best time for sellers to capitalize on this red-hot real estate market is now.

In this article, I am going to share with you the top three compelling reasons why you should consider selling your South Florida home now!

1. It’s A Seller’s Market
A seller’s market is created when the demand for houses for sale is more than the supply. Currently, there are more interested homebuyers in South Florida than sellers. Therefore, sellers are at an advantage and homes are being sold at a higher price since there are fewer homes available.

The high number of homebuyers in the South Florida real estate market is pushing competition to a whole new level and as a result, homes are selling quickly. As a home seller, when the inventory is low, you may be able to sell as-is without making major repairs for your home and still sell at a higher price.

The real estate market in South Florida is growing at a higher rate as a result of increased demand for homes for sale. For instance, research has shown that single-family homes sale has increased by 24% compared to a similar period last year.

2. You Will Have More Negotiation Powers When Selling
Since there are many homebuyers looking for homes for sale in South Florida, you are guaranteed several offers. When you receive several offers from different prospective homebuyers, you will not feel pressured to accept every buyer’s demands.

You can have an easier time negotiating for favorable home prices, move-out dates, home repairs, and other contingencies that might come with the offer. When buyers’ competition is high, they will have few options and they will likely give in to your demands.

Homes are no longer staying in the market for long since many buyers are interested in buying their dream homes in this great city. Many new residents are relocating from high-tax states to South Florida since there is no state income tax or capital gains on personal income.

Therefore, if you have been waiting for the best time to sell, do it now because there is every indication that your home will sell fast.

3. Interest Rates Are Low And It’s The Perfect Time For An Upgrade Or Downsizing
The mortgage interest rates have been maintained at a historic low to ensure that the South Florida real estate market remains strong despite the shambles of the COVID-19 pandemic. If you want to buy a new home either as an upgrade or downsize, you stand to benefit as a result of affordable mortgages.

You can feel confident that your home will sell fast and for a higher price to enable you to upgrade or downsize in good time as per your goals.

If you are not sure where to start your South Florida home selling process, feel free to contact me. I will provide you with a custom market report, home valuation, a no-obligation consultation, and more information on the South Florida real estate market.

 

Jester Nino
Broker Associate
Oscar Teran Group | C5 | EXP Realty
305-204-3585

What's Your Home Value?

Is right now the time to sell? Get your FREE accurate, and no-hassle home value report.

Buying & Selling Made Easy

* Fresh Data Available
* Active Listings Only
* Customizable Search Options
* New Listings Alerts
* Instant Home Value

Home Selling Resources

We'll get you the best sales price

In order to get the highest price in the shortest time, you need to know how to market your home. The better you market your home, the more offers you will get. And the more offers you get, the more choices you have to get the price and terms you want.

We'LL prepare a detailed cma

Setting the price is the first thing buyers will notice about your property. You need to price your home right from the beginning. We’ll will present you a detailed Comparative Market Analysis of your home so you know how you stand against other homes selling in your area.

Market reports & guides

Wether you are planning to sell or rent your property, we will facilitate market reports of the area where your property is located, provide you with seller’s guide, and a complete Marketing Plan to effectively list and advertise your property to the masses.

Invertir en Brickell Miami – Jester Nino

×NEW DEVELOPMENTSSELLERSBUYERSABOUT USBlog & ResourcesInversiones en FloridaVecindarios de MiamiProyectos en MiamiProyectos en FloridaExplorar El BlogSobre Nosotros Guía de vecindariosBrickell, MiamiConocido como “El Manhattan del Sur”, Brickell es uno de los...

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Commercial Properties

Get access to the latest commercial properties for sale and rent in Miami-Dade & The Beaches including retail, office space, multi-family properties, and businesses  for sale.

Home Valuation

Get access to a personalized home valuation when ready to sell. We will create a custom plan of action that meets YOUR needs helping you to sell with less hassle for more money.

FRee market snapshot

Consider selling your home? Now is the best time to sell. Find out how much your home is worth today.

Como Vender Tu Casa Rapido

Como Vender Tu Casa Rapido

7 Consejos Cómo Vender Su Casa Rápido. 

¿Cómo puedo vender mi casa rápido? Como vendedor de casa, el proceso de la venta de una propiedad puede ser una experiencia desafiante, especialmente si es la primera vez que esta vendiendo su casa. Hay varios pasos involucrados y debe idear una estrategia específica que no solo lo ayudará a vender su propiedad rápido, sino también por el mejor precio posible. Aquí les doy una lista de siete consejos prácticos que lo ayudarán a vender su casa más rápidamente.

1. Contratar a un agente de bienes raíces
Trabajar con un agente de bienes raíces puede simplificar su proceso de venta en la propiedad y ayudarlo a evitar cometer errores costosos. Un agente de bienes raíces con experiencia en el mercado inmobiliario relevante. Le ayudarán cuando se trate de comercializar su propiedad, negociar las mejores ofertas y el proceso de cierre del hogar.

2. Obtenga una pre-abrobácion para comprar
Para cuando decida vender su casa, lo más probable es que esté pensando en un comprar una casa mas grande o reducción de tamaño. Por lo tanto, es importante que este pre-aprobádo para su proximo préstamo hipotecario primero antes de colocar su propiedad a la venta y comenzar la búsqueda de su próxima casa.

Comience a contratar un prestamista hipotecario de buena reputación en su área para ayudarlo a comprender cuánto préstamo puede calificar. Al obtener las cifras, podrá saber el dinero que va a ganar neto en la venta de su propiedad para saber que es lo que puede contar para la compra de su próximo hogar.

3. Establecer el precio de venta correcto
Cuando enumera su propiedad, es importante establecer el precio de venta dentro del valor de mercado aceptable. Posible compradores que están dispuestos a comparar casas comparen los precios de casas similares. Si establece el precio de venta demasiado alto, es probable que obtenga menos ofertas y su propiedad pueda permanecer en el mercado por mucho tiempo.

Cuando establece el precio de venta demasiado bajo, su casa también puede mostrar señales malas. Siempre involucre a su agente de bienes raíces para ayudarlo a establecer un precio de venta adecuada que esté dentro del mercado actual. Evite tomar decisiones de precios basadas en valuaciones en línea.

4. Haga una inspección previa
Antes de enumerar su hogar, es importante contratar a un inspector certificado para evaluar la condición de su propiedad. Si hay áreas que necesitan reparación o arreglos, el inspector desde un inicio le dará un informe sobre lo que se debe reparar.
Use el informe para realizar la reparación necesaria antes de colocar su casa en venta. Al colocar la casa en venta en buenas condiciones puede ahorrarle mucho tiempo y ayudarlo a negociar, lo que le permite vender su propiedad rápido.

5. Limpiar la propiedad y libre de desorden
Los compradores solo se sentirán atraídos por casas limpias y bien organizadas. Antes de tomar fotos de la propiedad, lo primero que debe hacer es limpiar profundamente su casa. Incluso puede considerar contratar una compañía que limpie casas profesionales para que su casa este completamente limpia. Si tiene artículos personales y muebles viejos, asegúrese de almacenarlos. Organice los muebles para que su casa aparezca limpia, atractiva y espaciosa.

6. Fotografías profesionales
La mayoría de los compradores comienzan a buscar su casa en línea. Las fotos de la propiedad son las primeras impresiones pueden hacer o romper la posibilidad de obtener una oferta. Por lo tanto, es importante tomar fotografías profesionales para ayudarlo a que tenga una imagen profesional.

Las fotos de alta calidad son claves, específicamente pueda motivar a los compradores a que vean su casa y, finalmente, coloquen una oferta o solicitud para verla físicamente. Su agente inmobiliario debe ayudarlo a obtener los servicios de un fotógrafo inmobiliario confiable.

7. Estrategia de marketing digital
Una vez que enumere su hogar, es importante comercializar el listado para llegar a un gran grupo de compradores específicos. Para hacerlo, se necesitará un plan de estrategia de marketing digital para que pueda comprender su objetivo y el mejor canal para alcanzar la mayoría de compradores masivos.

Como agente profesional de bienes raíces con Oscar Teran Group y EXP Realty, estaré encantado de ayudarlo a vender su propiedad. Póngase en contacto conmigo al 305-204-3585 sí desea saber cómo puedo ayudarlo a vender su propiedad rápidamente y alcanzar un rendimiento máximo de su inversion.

Jester Nino
Broker Associate
Oscar Teran Group | C5 | EXP Realty

What's Your Home Value?

Is right now the time to sell? Get your FREE accurate, and no-hassle home value report.

Buying & Selling Made Easy

* Fresh Data Available
* Active Listings Only
* Customizable Search Options
* New Listings Alerts
* Instant Home Value

Home Selling Resources

We'll get you the best sales price

In order to get the highest price in the shortest time, you need to know how to market your home. The better you market your home, the more offers you will get. And the more offers you get, the more choices you have to get the price and terms you want.

We'LL prepare a detailed cma

Setting the price is the first thing buyers will notice about your property. You need to price your home right from the beginning. We’ll will present you a detailed Comparative Market Analysis of your home so you know how you stand against other homes selling in your area.

Market reports & guides

Wether you are planning to sell or rent your property, we will facilitate market reports of the area where your property is located, provide you with seller’s guide, and a complete Marketing Plan to effectively list and advertise your property to the masses.

Invertir en Brickell Miami – Jester Nino

×NEW DEVELOPMENTSSELLERSBUYERSABOUT USBlog & ResourcesInversiones en FloridaVecindarios de MiamiProyectos en MiamiProyectos en FloridaExplorar El BlogSobre Nosotros Guía de vecindariosBrickell, MiamiConocido como “El Manhattan del Sur”, Brickell es uno de los...

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What is a Comparative Market Analysis? Are you planning to list your home for sale and you are not sure how much it's worth? Home prices keep on changing based on various fundamental factors like location, listing time, amenities, and market trends. The real estate...

Homes & Condos for Sale

Get access to the latest home and condo listings for sale in Miami-Dade & The Beaches including luxury high-rise buildings, new construction, and waterfront properties.

new developments

Get access to the latest new construction developments in Miami-Dade and The Beaches including luxury high-rise buildings, new homes and townhomes, and waterfront properties.

Commercial Properties

Get access to the latest commercial properties for sale and rent in Miami-Dade & The Beaches including retail, office space, multi-family properties, and businesses  for sale.

Home Valuation

Get access to a personalized home valuation when ready to sell. We will create a custom plan of action that meets YOUR needs helping you to sell with less hassle for more money.

FRee market snapshot

Consider selling your home? Now is the best time to sell. Find out how much your home is worth today.

info@jesterninorealestate.com

Jester Nino

Broker Associate

 SCAN TO SAVE CONTACT

➡️ ➡️ ➡️ 

Miami Housing Forecast

Miami Housing Forecast

Miami-Dade County Housing Market Update 

Is it the best time to buy or sell a home in Miami-Dade County? The real estate market is currently very hot as there are more homebuyers who are chasing a historically low number of listed homes for sale. Recent statistics have indicated that the current market has only 2.2 months of inventory for single-family homes and condos.

On the other hand, there are 5.1 months of inventory for townhouses in Miami-Dade County. These figures indicate that Miami-Dade County real estate is still in the seller’s market which is benchmarked by any figures below 5.5 months inventory threshold.

 The price for homes in Miami-Dade County has also increased significantly as the housing market continues to recover from the COVID-19 pandemic crisis in 2020. In 2021. We have seen the median sales price for homes increasing by 28.7% for single-family homes to $500,000 from $388,500. Condo prices in Miami-Dade increased year-over-year by 17.6% to reach $340,000. The median sale prices for townhouses have also been on an upward trajectory and they have increased by 29.8%. The median time to sell has been reduced from 107 days on the market to 63 days on the market.

Miami-Dade County has recorded a significant increase in single-family homes and condos transactions from 4,766 to 11,553. The record high growth levels in Miami-Dade County real estate market have been contributed by the high number of homebuyers from other congested regions and tech firms relocate to Miami.
The outbreak of Coronavirus last year accelerated the need for people to relocate to neighborhoods that can guarantee a comfortable work and live environment. High demand for homes has been the main driving factor for increased property prices in Miami-Dade County.

Many Miami real estate investors opted for long-term investment strategies as opposed to rehabbing and flipping models. The historic low-interest rates pushed most of them to acquire rental properties so as to benefit from this advantage. There was a 4% increase in closed sale transactions of single-family homes. We have seen the rapid increase in demand for housing pushing many homeowners to rent rather than sell thus, contributing to the low inventory that we are still witnessing. Active inventory for single-family homes has declined to below 3,000.

The housing affordability crisis will continue to be experienced in Miami-Dade County. The median original list price for single-family homes jumped from 4% to 99%. Condos listing prices also jumped from 4% all the way to 96% in a similar period. This unprecedented increase in listing home prices is largely contributed by a lack of enough inventory to meet the demand. Moving forward, we expect things to cool down gradually once sellers start listing more properties.

Please contact me at 305-204-3585 for a free detailed market report of your neighborhood.

Jester Nino
Broker Associate
Oscar Teran Group | C5 | | EXP Realty

What's Your Home Value?

Is right now the time to sell? Get your FREE accurate, and no-hassle home value report.

Buying & Selling Made Easy

* Fresh Data Available
* Active Listings Only
* Customizable Search Options
* New Listings Alerts
* Instant Home Value

Home Selling Resources

We'll get you the best sales price

In order to get the highest price in the shortest time, you need to know how to market your home. The better you market your home, the more offers you will get. And the more offers you get, the more choices you have to get the price and terms you want.

We'LL prepare a detailed cma

Setting the price is the first thing buyers will notice about your property. You need to price your home right from the beginning. We’ll will present you a detailed Comparative Market Analysis of your home so you know how you stand against other homes selling in your area.

Market reports & guides

Wether you are planning to sell or rent your property, we will facilitate market reports of the area where your property is located, provide you with seller’s guide, and a complete Marketing Plan to effectively list and advertise your property to the masses.

Invertir en Brickell Miami – Jester Nino

×NEW DEVELOPMENTSSELLERSBUYERSABOUT USBlog & ResourcesInversiones en FloridaVecindarios de MiamiProyectos en MiamiProyectos en FloridaExplorar El BlogSobre Nosotros Guía de vecindariosBrickell, MiamiConocido como “El Manhattan del Sur”, Brickell es uno de los...

3 Reasons To Sell Your House Now

3 Reasons To Sell Your Home In Today's Market.  Should I sell my house now or wait? This is a common question many homeowners in South Florida and Miami-Dade are currently asking themselves. The truth of the matter is, the South Florida real estate market is still...

Como Vender Tu Casa Rapido

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Miami Housing Forecast

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How Much Is Your Home Worth?

What is a Comparative Market Analysis? Are you planning to list your home for sale and you are not sure how much it's worth? Home prices keep on changing based on various fundamental factors like location, listing time, amenities, and market trends. The real estate...

Homes & Condos for Sale

Get access to the latest home and condo listings for sale in Miami-Dade & The Beaches including luxury high-rise buildings, new construction, and waterfront properties.

new developments

Get access to the latest new construction developments in Miami-Dade and The Beaches including luxury high-rise buildings, new homes and townhomes, and waterfront properties.

Commercial Properties

Get access to the latest commercial properties for sale and rent in Miami-Dade & The Beaches including retail, office space, multi-family properties, and businesses  for sale.

Home Valuation

Get access to a personalized home valuation when ready to sell. We will create a custom plan of action that meets YOUR needs helping you to sell with less hassle for more money.

FRee market snapshot

Consider selling your home? Now is the best time to sell. Find out how much your home is worth today.

info@jesterninorealestate.com

Jester Nino

Broker Associate

 SCAN TO SAVE CONTACT

➡️ ➡️ ➡️ 

Miami Design and Arts District

Miami Design and Arts District

Miami Design & Arts District Neighborhoods. 

Have you been planning to move to the Miami Design & Arts District of Miami, Florida? It’s one of the best and modern districts of Miami that features creative neighborhoods and shopping destinations that offer innovative fashion, design, art, fine eateries, and much more. In this guide, I will review the four Miami Design & Arts District best neighborhoods to live in. These four neighborhoods are in close proximity and feature a contemporary design of luxury high-rise condos, modern residences, as well as commercial real estate.

The four neighborhoods are;

1. Edgewater Miami
2. Midtown Miami
3. Miami Design District
4. Wynwood Miami

At the bottom of this page, you will find an updated list of homes and condos located in these 4 trendy neighborhoods.

1) Edgewater Miami

Edgewater is a modern neighborhood in Miami, Florida that is strategically located between Downtown Miami and the famous Arts & Entertainment District. Edgewater is highly regarded as a residential neighborhood and it features historical homes that date back to the 20th century.

This neighborhood prides itself as the home to some of the popular high-rise residential towers on the Eastern side of Biscayne Bay. For the last few decades, the Edgewater neighborhood has experienced a high population growth thanks to its close proximity to Design District and Miami Downtown. 

As a result, many old homes and towers have been renovated and new development projects have also been on the rise. Edgewater is now recording new development projects that feature retail, high-rise, and mid-rise luxury residences with resort-style amenities. Some of the recent condo projects in the Edgewater Bayfront community include; Biscayne Beach, Paraiso Bay, Elysee, and Missoni Baia.

2) Midtown Miami

Midtown Miami is a big family-friendly urban development that is situated within the City of Miami. It’s located on 29th Street to the South, I-195 Julia Tuttle Causeway to the North and the west is North Miami Avenue and to the East is 2nd Avenue. 

Midtown Miami neighborhood offers both work and live environments. There are plenty of luxury residential buildings, parks, green spaces, and a contemporary shopping and entertainment center dabbed “The Shops at Midtown”. The shopping center was specifically designed to mimic the famous New York’s SOHO neighborhood. 

If you are looking for a good neighborhood to raise a family and work in, Midtown Miami is the real deal. As a result of fast real estate growth, there are numerous commercial retail and luxury condo projects that are in the pre-construction and construction phase. There are also older and new luxury units that are ready for sale in Midtown Miami.

3) Miami Design District

Miami Design District is a creative contemporary neighborhood that majors in innovative fashion, art, design, dining, architecture, and shopping experience. Miami Design District neighborhood prides itself as home to over 120 leading luxury shops. Here you can find the latest fashions and jewelry brands including Alexander McQueen, Cartier, Dior, Fendi, Burberry, Bvlgari, Givenchy, Hermes, Hublot, Louis Vuitton, Gucci, Tiffany & Co., Tom Ford, Versace Harry Winston Off-White, and Prada among many others. Some of the top-rated restaurants in the Miami Design District include; Harry’s Pizzeria, OTL, Swan, and Michael’s Genuine Food & Drink. 

Miami Design District is a relatively modern neighborhood with a lot of condo developments, single-family homes, multi-family properties, and commercial real estate in the pre-construction and construction phase. One of the most iconic residential condo projects in Miami Design is the 17-story building the Baltus House that is located at 4250 Biscayne Boulevard.

Miami Design District neighborhood is located North of Midtown Miami. It’s close to Downtown Miami and easily accessible from Miami International Airport and Miami Beach. From top-notch restaurants to luxury shops, Miami Design District has everything that a luxury modern urban lifestyle offers.

4) Wynwood Miami

Wynwood Miami has made a name as one of the perfect creative and cultural hubs in Miami. It initially constituted a high number of warehouses but it has experienced a transformation over the years to become one of the thrilling tourist destination. 

Wynwood is strategically located North of Downtown Miami and West of Miami Beach. This neighborhood is easily accessible from South Beach through Julia Tuttle Causeways and the Venetian.

Wynwood Miami neighborhood was designed to offer both residential and commercial retail spaces. If you are looking for a residential home, there are older homes, condominiums, and multi-family properties at competitive prices. There are modern state-of-the-art restaurants, shops, and bars for unlimited dining and entertainment. Wynwood has made a name in international contemporary and street arts and it has over 70 galleries.

If you planning to either buy, sell or even lease a residential property in any of the above four Miami Design and Arts neighborhoods, kindly get in touch with me for professional advice. I shall provide you with a comprehensive list of single or multi-family homes, condos, and commercial properties.

Contact me at 305-205-3585 to get a custom list of homes in the area and for a free market report.  

Jester Nino
Broker Associate
Oscar Teran Group | C5 | EXP Realty

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