Saturday, January 11, 2014

Florida Sun Shine Real Estate

Selling Sun Shine Real Estate

"Florida is where the Sun Shines" - you must have heard this many times. Moderate/warm climate (Yeah Baby!), famous beaches like: South Beach, Crandon Park-Key Biscayne, Coco Beach, Ft. Myers Beach and entertainment venues: Disney World, Epcot, Key West, Lighthouses, make Florida Real Estate very attractive. So that means Florida Real Estate or buying a house in Florida is really good for someone who wants to escape weather elsewhere in America and also add to his/her enjoyment through the Keys, Gulf Coast, Miami Beach and Orlando theme parks.

However, Florida Real Estate is also attractive for Real Estate Investors i.e. people who would like to treat Florida Real Estate as an investment avenue for making profits. Hello! With the property prices rising as much as 25%, Florida Real Estate makes investment sense too. That is one reason why Florida Real Estate is so sought after. If you wanted to look for a really good deal in Florida Real Estate, you should start with looking for places that are still in their development phase i.e. places where the real estate prices are not so high but are expected to go up in the years to come.

Florida has a ton of development going on in various phases! This is generally a good option for people who are looking to pick up Florida Real Estate as an investment option and/or want to live in the property later on. This is also good for people who are looking for Florida Real Estate or a house in Florida to live in by themselves but don’t mind a bit of inconvenience that is generally associated with a newly developed (rather developing) area. As far as looking for Florida Real Estate listings is concerned, you first need to decide on what location in Florida, Gulf Coast, East Coast, Pan Handle, Keys, is suitable for you. Again, this will depend on your reason behind going for Florida Real Estate. If you are going for Florida Real Estate purely for investment purposes (you don’t actually want to live in there for now), then you should really be looking for places where the prices are significantly low but are rising or expected to rise in near future. One indication for expected price rise is the influx of a lot of businesses (Home Depot, Walmart, McDonald's) in the area. Industry/business generally propels development in the area and hence causes the real estate prices to go up. Of course, distress sales, public auctions, bank foreclosures, tax deeds and certificates, buying paper are evergreen opportunities that are available in any place at any time and you should always explore them. If you are going for Florida Real Estate for personal use, then you would be looking at a number of different factors which would basically be related to your convenience and quality of life.

So Florida is where the sun shines and that is also making Florida Real Estate shine.

 

Written by +Bob Burns.
 

Related Links, Postings, Presentations or Articles:

####
 
Bob Burns at MREIA meeting"We must become the change we want to see." - Mahatma Gandhi
Bob Burns Print Signature Photo
+Real Estate Investor
about.me/RobertKBurns
Telephone #: 305-586-5280
email: sec8@planocho.com

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Saturday, December 21, 2013

How To Find The Right Painter!

A Real Estate Investor can quickly add value by painting the exterior of a distressed property. If you are like us, hate painting (long story), we hire someone.

While painting to add value to the distressed property, dealing with contractors are going to be one of your biggest headaches. Last year over 3,000 complaints and lawsuits were filed against painting companies in South Florida. Remember, you get what you pay for!

Below are questions you need to ask to protect yourself and guarantee the paint job is without unpleasant surprises!

Here we go:

  • INSURANCE
    • Do they have an insurance policy with an insurance company or are they "self-insured"?
      • Very few moving companies carry genuine insurance. All other painting companies are "self-insured" even though their advertisement might say that they are "insured for your protection".
      • Estimate should include FREE full-coverage insurance - up to $10,000.
  • BONDING
    • Are they bonded? If they are, it should be on their "Certificate of Insurance". Most companies are not bonded. Don't accept any excuses why they are not. You won't be protected.
  • BUSINESS STANDING
    • Is the company a member of the Better Business Bureau?
      • If so, call and request a report of their standing.
    • Will they provided you with 3 current references upon request?
  • PRICE
    • Ask for two comparison quotes.
      • Get one quote based on your entire job.
      • Get a second quote based on a calculated "real-time" hourly rate.
    • This way we are assured to always get the better price!
  • Do they subcontract their work or perform it themselves?
    • We hired a paint contractor and he subcontracted the job. Job was finished and we paid the contractor. Found out later the contractor never paid the subcontractor. Be careful because you may be liable to the subcontractor.
  • Do they offer written guarantees of their work?
  • What products do they use?
    • Type of paint and sheen, stains,...
    • Are they environmentally friendly?
    • Types of brushes and rollers.
  • Are they specific by providing in writing the job specifics? Like:
    • About which surfaces you want to have painted (walls, trims, moldings, ceilings, etc.)
    • The paint colors and finishes you want used.
  • Do they provide a written contract?
    • Review it carefully.
  • Dis and re-connect of items as a result of painting?
  • Provide references upon request?
    • At least three.
Painting can be a tedious task and as a homeowners and investors ourselves, we understand the concerns and worries that come with it.

Related Links, Blog Postings, Presentations or Articles:

Written by +Bob Burns.
 
####
 
Bob Burns at MREIA meetingWhy so Serious?
Bob Burns Print Signature Photo
+Real Estate Investor
about.me/RobertKBurns
Tel: 305-586-5280
sec8@planocho.com

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