For real estate investors, cash flow is important in order to keep the day to day operations flowing smoothly. When it comes time to add to your portfolio, investors should use equity from the properties they already own instead of using their $.
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On June 4, Miami-Dade County commissioners will be voting on redeveloping Government Center and the areas surrounding. Commissioners are looking at design plans in order to provide a more pedestrian-oriented and sustainable design.
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https://t.co/RBS8eNxfYL
Construction begins tomorrow, May 20 on the bridge over the Miami River. SW 1st St from SW 7th to 2nd Aves will be impacted. The project will take between 2 & 3 yrs to complete and will cost approx $67.2 mil with a bonus for early completion.
#bfallp
https://t.co/hP4NwwZKdJ
Florida state legislators have passed 175 bills during this year's legislative session. Commercial landlords, your tenants' sales tax on their lease is dropping to 5.5%. Property insurers may now offer policies that exclude assignment of benefits. #bfallp
https://t.co/lgH8z0N1ho
Coral Gables is looking to downsize The Link at Douglas, a 5-tower project to be built by the Douglas Rd Metrorail station. It will include 1,500 res units, 280,000 sq ft of office space, & 25,000 sq ft of retail space & only 750 parking spaces. #bfallp https://t.co/13McoLhDPU
Late last Friday, a Broward circuit judge denied a motion to stop David Beckham & his partners from demolishing Lockhart Stadium in Ft Lauderdale. Today, the demo began. Coincidentally, tickets also went on sale for their inaugural season in 2020. #bfallp
https://t.co/aHqSKYPM20
A new project on Biscayne Boulevard is looking to add another element to the mixed-use arrangement. 400 Biscayne Blvd will consist of residential, retail & office space as well as three floors for First United Methodist Church. #bfallp
https://t.co/knL5mCg1pw
Who will inherit your property upon your death? Have you finalized your estate planning? Three years after Prince's death, his heirs are still fighting over his $200 million estate. He owned multiple properties, including the Purple Rain house.
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https://t.co/9NNEMYTqlo
Before spending your money on renovations that won't add value to your home, check out this article on the 6 home improvements that give you the biggest returns when it's time to sell. Getting a new garage door is at the top of the list.
#bfallp
https://t.co/uqscX5hBoY
It's no secret that foreign investment in So Fla is big. The value of properties sold to foreigners in 2018 totaled $8.7 bil. Buyers from Latin America & Canada account for the majority of sales. Brazilians have spent the most - 17% of the total.
#BFALLP
https://t.co/S8IYSEPkb6
Have you visited a Wawa yet? These gas station/convenience store/built-to-order food stores are coming to your neighborhood soon. They plan to make Florida their largest state in terms of number of locations. Their goal for 2019 is to hire 1,000 Floridians.
#bfallp#wawa
Virgin Trains is about to change travel in South Florida. The state has agreed to issue a $950 million bond to finance expansion of the high-speed rail system into Orlando. Can you imagine going 125 mph to Disney?
#bfallp#highspeedtrains#virgintrains
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Total persons on-the-job in Miami-Dade County are at an all time high. Unemployment has reached record lows. Professional and business services are up 4.2% since last year. Leisure & hospitality jobs have increased by 2,400 jobs.
#bfallp#unemploymentrate
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Looking for investment property? You don't have to look very far. Florida has been named the most lucrative state in the country when it comes to vacation home rentals. Home ownership costs & short-term rental potential puts us at top of the list. #bfallp
https://t.co/qQhs5Bn0tE
Did you go home shopping this weekend? 2019 is the year to cross home ownership off your To-Do list. Mortgage rates have dropped again. The Federal Reserve has announced that it will not raise rates for the remainder of this year.
#bfallp#homeownership
https://t.co/Y2tNRPSaBZ
Miami Beach is planning 57 projects costing $439M over the next 10-12 yrs. Improvements for infrastructure, parks, police & public safety, & cultural facilities will be paid for through a general obligation bond. The 1st piece was issued for $139M
#bfallp
https://t.co/dBdauM8aOx
Investors looking for up-and-coming areas in which to spend their money should find Opportunity Zones. These locations, usually in the lower income areas of cities across America, have been designated by governors & approved by the Fed Govt.
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https://t.co/qOXH037wXW
The first phase of The Plaza Coral Gables, The City Beautiful's largest development, to be completed by the end of 2020. BFALLP client, Agave Ponce, is the developer of this 7 acre, mixed-use project.
#bfallp#theplazacoralgables#coralgables
Miami's top office sales of 2018 lists the Sabadell Financial Center at #1. It was one of 2 deals that closed at over $200M. Rounding out the top 5 are the Telemundo Center, Suntrust Intl Ctr, Brickell City Tower, and 555 Washington at the beach.
#bfallp
https://t.co/74FSQqPmdN