Top Destinations for Foreign Buyers Four states alone have accounted for 55 percent of the total purchases by international buyers recently: Florida, California, Arizona, and Texas. The following are the top destination states for foreign home buyers and investors: Florida, which has a 23 percent share of all foreign purchases California, a 14 percent share Texas, a 12 percent share Arizona, a 6 percent share The top five cities searched online by international buyers in 2014 were: Los Angeles, Miami, Las Vegas, Orlando, and New York, according to a separate analysis by realtor.com®. Who's Coming? International buyers are coming to the United States from all over the world, but the highest interest in U.S. property is being driven by Canada, China (The People’s Republic of China, Hong K... 07/10/2014

  Here is some pro’s and cons of being the owner and next door neighbor to your tenants:   PRO:  You could address maintenance issues quickly CON:  Renters call you with every minor issue   PRO:  Tenant behaves better knowing you are right next door CON:  It annoys you that you see all their daily activities (some you don't agree with)   PRO:  You develop a more personal relationship with your tenants CON:  You are hesitant on demanding timely rental payments or rental increases   What about if you are a property manager and your owner lives right next door to the rental they want you to manage.  I have had PRO's and CON's in my past experiences with owners living next door.  I have had owners that were very good at referring their tenants directly to the property management company, b... 07/10/2014

  One bedroom Condo Unit with Spectacular Intracoastal Views 185 SW 7th ST # 3602, Miami, FL 33130 (Click Here for more Info) Property Information: Style: Condo Bedrooms: 2 Total Baths: 3 Full Baths: 2 Half Baths: 1 Year Built: 2007 Sq. Feet: 1212 View: River, Intracoastal View Parking: 1 Space   36th floor unit on the Miami river, in the heart of Brickell, spectacular views! Unit features marble floors throughout, nice kitchen with cabinets, stainless appliances, spacious bedroom with full bath, and balcony overlooking spectacular intracoastal view. This property is in pretty good condition. .Contact me for more information.     07/02/2014

CITY OF CRANES Josh was visiting a client’s condo at The Murano at Portofino a few days ago in the South of Fifth neighborhood of South Beach. The number of new condos going up there is wild. Ultra-luxury condo projects like One Ocean, Marea, 321 Ocean, and Glass are adding a lot of sleek new scenery to the cityscape. And they’re also attracting wealth from around the world, with many of these units having sold for well over the $5 million mark. “By this time next year, there will be a whole new group of new — and bigger — luxury condos in SoFi,” Josh says. “What will happen to the values of existing properties like Apogee and Murano at Portofino? Only time will tell, but since they already sit on some of the best waterfront locations, my guess is they will continue to break price reco... 06/27/2014

  Condo Unit in Miami Florida with Amazing Location & Great Giews. 1750 N Bayshore Dr #3312, Miami, FL 33132 (Click Here for more Info) Property Information: Style: Condo Bedrooms: 1 Full Baths: 1 Year Built: 2007 Sq. Feet: 791 View: Bay, Skyline View Parking: 1 Space   Watch the amazing metamorphosis of downtown Miami from your 33rd floor window on the world! Biscayne Bay & Miami skyline views from this spacious Opera Tower condo unit. Unit features porcelain flooring throughout, custom Italian kitchen with built-in appliances, spacious bedroom with built-in cabinets & full bath and an open balcony with a spectacular view of the city and ocean. The building with an urban chic tower and a Baltus lobby has gorgeous amenities for its residents. It is secure, pet friendly and has a unparal... 06/19/2014

  Foreclosure Deal 430 NE 210th Cir #204, Miami, FL 33179 Property Information:  Style: condo Bedrooms: 2 Full Baths: 2 Year Built: 1987 Sq. Feet: 1060 This condo unit is being released for sale within the next week. Unit is newly painted with great interior that features a brand New Kitchen with applainces, Spacious Bedrooms with Updtaed Full Bath and New Carpet.Be the 1st one in the door.  Call Me.  No price yet, but you are interested I will let you know FIRST!.     06/11/2014

ST. REGIS: WHY IT PAYS TO BUY THE BEST  The St. Regis Bal Harbour continues to pay dividends A massive penthouse recently sold for a whopping $22.75 million at St. Regis Bal Harbour. It’s more evidence of Miami’s luxury boom and the continuing appeal of St. Regis. The penthouse condo was originally planned as five units, but by all accounts it’s much better as one palatial home. With 14,000 square feet, the closing easily set a Miami record for size. (Though not price; two penthouses elsewhere recently sold for $50 million.) For Josh Stein and his clients, buying at St. Regis is a no-brainer. Several of Josh’s buyers have already surpassed $1 million in appreciation, and it doesn’t show signs of stopping. “I firmly believe that the St. Regis will continue to grow in value,” he says. “It... 06/04/2014

Miami has a rich and unique relationship with the big screen and Hollywood, which dates back decades. Not only is southern Florida’s most bustling metropolis famous the world over thanks to films like the 1924 silent classic “Miami”, the hit TV show “Dexter”, and both the TV and film versions of “Miami Vice”, but Hollywood literally comes to Miami on a regular basis. And when it does, it brings its revenue with it. Miami & The Oscars When “The Godfather: Part II”, which has a few very important scenes filmed in the Miami area, won 6 Oscars, it brought a lot of attention to our fair city.  Movie tourism is a very real and powerful thing. When films show off a city, fans want to visit, especially when those films show off how beautiful the city is and how many glorious beaches are within ... 05/19/2014

  City 24 Condo Downtown Miami   Welcome Home to City 24 Condo, Miami’s trendiest and vibrant place for city living. City 24 Condo is perfect for those who want to Live, Work and Play in Miami. City 24 Condo is located on Biscayne Boulevard in Downtown Miami’s Media and Entertainment District. The recently completed 15-story City 24 Condo features city views and bay views with sidewalk shops and restaurants.   City 24 Condo is just five minutes from the renowned Adrienne Arsht Center for the Performing Arts, American Airlines Arena, Miami Art District, Celebrity Restaurants of Miami’s Design District and Midtown Miami. Not to mention the numerous- trendy shops, restaurants, bars and nightclubs all just minutes away from City 24 Condo. When you head out for the day consider going for a j... 05/15/2014

WORLD’S DEEPEST POCKETS PLUNKING MILLIONS IN MIAMI The world’s richest people know where to put their money: Miami, Florida. These days, South Florida’s booming real estate market is a safer bet for foreign billionaires than cash or equities in weaker economies. One investment firm CEO, Jeffrey Gundlach, told Bloomberg News that there’s been “huge growth at the high end” in Miami and New York. Recent monster deals bear out the trend. Two Miami penthouses, both listed at $50 million or more, found buyers (likely overseas investors) in the last few months. Details aren’t released, but either sale would set the record for Miami’s priciest purchase. One is the penthouse at Faena House, the $50 million centerpiece of a revolutionary new development in Miami Beach. The penthouse has more than... 05/15/2014

Criterios de Sitio para una operación de Venta al Menor.     Bienes Raíces comerciales representan una muy importante variable del negocio de un minorista. La mayoría de los propietarios de los negocios tienden a centrarse principalmente en el factor económico, "Precio", sin tener en cuenta otros factores pertinentes. Estos factores son de tipo cuantitativo y cualitativo y la realidad es que pueden ser identificados y cuantificados.   La Ubicación: En función del tipo de la tienda, lo primero es determinar "El Criterio del Sitio" el cual incluye datos demográficos, las ventas por metro cuadrado, el radio de influencia, conteo de tráfico, co-propiedad, estacionamiento, acceso/egreso, señalización, uso permitido y exclusividad. Ejemplos de criterios de sitio:    1. Parcela  independiente ... 05/12/2014

Site Criteria for a Retail Operation Real Estate represents a very important variable of a retail operation. Most of the business owners tend to focus primarily in economics without taking into account other relevant factors. These factors are quantitative and qualitative and the matter of the fact is that they can be identified and quantified.   The location, depending on the type of store, The first thing to determine is the Site Criteria, which includes demographics, sales per square feet, radius of influence, traffic count, co-tenancy, parking, access/egress, signage, permitted use and exclusivity.  Examples of Site Criteria:   1. Pad, end cap, or out-parcel with drive-thru is preferred     Strong visibility, easy ingress and egress access and ample parking     600-1,800 square feet... 05/12/2014

  VISA DE INVERSIONISTA PASIVO  EB-5   El Departamento de Servicios de Ciudadanía e Inmigración de los Estados Unidos, siglas en inglés "USCIS" administra el programa de inversionistas inmigrantes, también conocido como "EB-5," creado por el Congreso en 1990 para estimular la economía estadounidense a través de inversión de creación y capital de trabajo por los inversionistas extranjeros. Existe un programa piloto que comienza en 1992 y el cual ha sido ratificado regularmente, bajo el cual se reservan ciertas visas para inversores con el objeto de promover el crecimiento económico a través de los Centros Regionales designados por el Departamento de Servicios de Ciudadanía e Inmigración de lis Estados. El programa funciona como sigue:   1. Todos los inversionistas EB-5 deben invertir en ... 04/28/2014

Jamey & Ognjen Prezzi Miami Beach luxury Realtors give tips on why sellers should consider allowing their agents to hold Brokers Open Houses. Call Jamey or Ognjen today at:  305-793-8965 We can help you. We specialize in Miami neighborhoods such as  South Of Fifth in Miami Beach.  We would be happy to give you a personalized Comparative Market Analysis  for your Miami home or assist you to purchase a Miami Beach condo or home. 04/24/2014

At the onset of this month a Star Island home sold at the highest price tag this current year.  The buyer paid $28,144,150. Based on the MLS information, the property was an 11 bedroom, 12 bathroom home with a little over 16,000 square which comes to approximately $1,759 per square foot.  The property was new construction on a 40,000 square foot lot. With only 35 waterfront properties, Star Island Homes are considered to be some of the most luxurious waterfront and exclusive properties in Miami.  Most of the properties are known to have unobstructed views of Miami Beach, Biscayne Bay and the Miami Skyline. They also have very deep lots which grants owners more privacy.  Star Island properties are prime real estate and have seen some of the most expensive price tags over the year in Miam... 04/18/2014

Bentley Bay South Beach condos are located off of Biscayne Bay and South of Fifth.  This building offers waterfront condos with incredible bay and city views.  Unit 1703 is one of the best in the building as the owner and his design team have completely remodeled the unit including a full renovated kitchen with top of the line appliances. This is a picture of the unit from the dining room and living room area. Bentley Bay unit #1703 is a designer remodeled, two bedroom condo with direct Bay, Downtown Miami & Star Islands views.   The Kitchen is completely updated with Gaggenau appliances, sub zero fridge, white quartz counters & wine cooler.   The unit also features floor to ceiling windows in the living room & bedrooms, marble floors throughout, two full baths, master has spa with Jacu... 04/16/2014

Attention Target shoppers. Expect more, pay less has brought new meaning as an offer of free credit monitoring may not be enough to prevent identity theft, according to Consumer Reports. The offer of “free” credit monitoring may also give shoppers a false sense of security into believing they are totally protected from identity theft. Following the massive security breach in December that impacted more than 110 million customers, Target offered “peace of mind” to customers worried about identity theft by providing a free credit monitoring service through one of the nation’s largest credit reporting agencies, Experian. Here are step-by-step instructions on how to enroll in the Target credit monitoring program. "The problem is that each of the three major credit bureaus — Equifax, TransU... 04/16/2014

RENOVACIÓN DE CONTRATOS DE ARRENDAMIENTO DE OFICINAS   En general los inquilinos de oficinas se encuentran en desventaja con el propietario ("Landlord") al momento de la renovación de sus contratos de arrendamiento. La mayoría de los contratos de arrendamiento tienden a favorecer en especial con las cláusulas  de renovación o opciones. El propietario tiende a tomar ventaja por que sabe que el inquilino no querrá dejar el espacio y mudarse, incurriendo en gastos considerables y en una interrupción de sus operaciones.    El inquilino deberá contratar lis servíos de un corredor COMERCIAL experimentado, que pueda realizar un estudio de rentas en el área para presentárselo al dueño y enseñarle que su espacio actual tiene competencia y se podrían obtener mejores beneficios financieros mudándo... 04/15/2014

Paramount Bay Condo is located on the North Bayshore Drive which is on Biscayne Bay, and couple of blocks north of downtown Miami and couple of blocks south of Midtown Miami. This is one of the most exciting and vibrant places to be in Miami.   An ideal location for people who want to make certain that there are plenty of things for them to do, including exploring some of the most luxurious stores and restaurants in the area. For those who have to do more than vacation in Miami, you’re right in the downtown area which offers plenty of business resources located nearby.   The Property   Envisioned by Lenny Kravitz of Kravitz Design Inc., the 47-story architectural wonder, designed by Arquitectonica offers floor plans that include anywhere from 1 to 4 bedrooms, and start from a bit over ... 04/10/2014

New York City’s financial district is moving to Miami. With the appeal of lower taxes, cost of living, gorgeous weather, beaches, and a number of other advantages that south Florida has over the icy Northeast, it’s no wonder that Miami is booming with finance and business. It’s no accident that Miami has become the second largest financial hub in the United States, right behind Manhattan. The city has a very finance-friendly atmosphere, and the Miami Downtown Development Authority is working hard to attract more bankers and business people. So what sets Miami apart from anywhere else in the world? Let’s take a closer look at some of the city’s many attributes. Lower Taxes Mean Better Profits Florida doesn’t have any capital gains taxes, individual income taxes, or estate taxes. That mea... 04/10/2014