Investments

November 16, 2021

Investing in a Miami Rental Property: Is Now Really the Right Time?

Real Estate prices are high and interest rates are low. Home values had a reported 17.2% historic increase last year (which was the highest increase in history), and the demand equaled a decrease in available commercial properties by 28%. When it comes to investing in residential real estate, most people start by looking to buy below market value, assuming they can bring up the property value, flip it, and pocket the difference.  It makes sense, but it is much more difficult to see where the real estate market is undervaluing properties than perusing Zillow (though seeing what properties are renting for and how that changes over time is absolutely vital knowledge).  Instead, it’s much more practical to look at longer-term […]