Lisa Yanowitz: C: (305) 986-1018  |  O: (305) 945-4100   Email
Facebook
twitter
linkedin
instagram
pinterest
youtube

Miami real estate news

If you are considering becoming a property investor, you may wonder why you should buy a rental and what indicators to look for when trying to find a property. Here are some signs to look for if you are on the fence about investing in a rental that indicate it is a great time to buy!

Low Interest Rates

When mortgage rates drop, it is much easier to make a property produce income. The best place to figure out what kind of interest rate you will get for an investment property is with a lender. Check in with them to figure out how to start the process, and contact an agent to help you start viewing potential properties.

Home Equity

Check in with a local Realtor to see how much your current home is worth! Some investment properties require a high down payment, but low-interest rates, refinancing and knowing your home value can make a difference. For example, if you need to borrow 10%, many homes in good markets can appreciate 10% of their value in just a year, depending on the condition and the location. Chat with a lender to see if you can qualify, and check in with your current mortgage company to discuss your plan.

Scarcity of Units

Do you live in a location where rental units are in high-demand? Maybe your city is growing and the demand for a space to rent is higher than the available properties. If that is the case, now is the best time to find a property to purchase for rental purposes.

Return Rate

If the rate of return in your county is growing, it might be a good time to invest in property. If there is a yearly increase, you can make significant gains over time.

Ultimately, talking to professionals can help you decide if now is the right time to invest in rental properties!

The Hospitality Life
What is My Home Worth?
Resource Center
Client Testimonials
Wednesday, December 2, 2020

6 Tips to Help You Sell a Home...
Typically, the winter holiday season is not an optimal time to sell a home.The weathe...

Five Questions for a Fresh Sel...
In this time of supreme uncertainty, how can sellers decide whats the best thing to do now o...

Copyright ©2020 - Realty Times®
All Rights Reserved.

Closed Sale ! | Miami Gardens
C L O S E D sale✔️ Royal Bahamian 🌴 1075 NE Miami Gardens Dr #304 . 1 🛏 1.5...

Icon Bay Miami | Rented!
R E N T E D Icon Bay Miami 460 NE 28th St #3107 2 Bed | 2 Bath | 1,095 SF Rented...

Demand for Second Homes Up 100% Year-to-Year
Demand for Second Homes Up 100% Year-to-Year By Kerry Smith The number of people...

Bella Mare in Williams Island | Under Contract
under C O N T R A C T ✔️ Bella Mare at Williams Island🏝 6000 Island Blvd #903 Aventura...

Closed Sale | West Park
C L O S E D sale✔️ After multiple offers in just 2 days of being live!👏🏼 112 Allen...

New Price | Bellamare at Williams Island
Price Reduction! Seller Motivated! Bellamare at Williams Island🏝 New Price: $1,598,000 6000...

North Miami Beach Closed Sale
C L O S E D sale✔️ 16465 NE 22nd Ave #106 Tall Trees Condo 🌳 1 🛏 1 🛁 658 SF📐 Closed...

4 Foundational Factors for Creating the Ideal Home Office
While the COVID-19 pandemic has more or less forced many small business owners to work...

South Florida Market Focus Update
Market Focus Update ✅ #BrowardCounty #MiamiDadeCounty Swipe for insights on both...

New Article! - In Home Searches, ‘New York’s Loss Is Florida’s Gain’
OCTOBER 28, 2020 Share this article: FacebookTwitterLinkedInPrintShare In Home...

Client Login
Recieve Email Alerts