Hurricane Insurance: Is it a must?

One of the first things people take into consideration when they want to invest in Florida is its weather, and it’s no secret that Miami’s temperatures are great all year around… until hurricane season starts.

For most, it’s a tense time where everyone should be prepared.

So, what’s the first step?

At Gables Riches, we take care of your safety, so have these emergency numbers in hand:

How do I protect my home?

A home is also a shelter; it’s a place where all your family should feel safe from day one. That’s why at Gables Riches we don’t only see your house as a place: it’s where you build a life. So, from day one, you should have a Property Management and Property Insurance service that can look out for your well-being and comfort.

At Gables Riches, we offer these services taking everything into consideration: area, type of property, type of insurance, etc. It doesn’t matter what type of investment you have, all that matters is that you have all you need in hand.

Hurricane season is upon us

There are some types of insurance that can cover some damages produced by hurricanes, like strong winds and superficial damage. But sometimes, flooding is the biggest issue.

It’s important to know that by US law, it’s mandatory to have a flooding insurance when you buy properties near stormy areas. And the range of policies cover from personal items to structural damages.

Check what your insurance policy covers and which arrangements you must do to get full coverage.

Gables Riches offers a top Property Management and Property Insurance service so you can protect your home –and your family– at all costs! Contact us!

A guide for new investors in the real state area

Investing can be a challenge for those who don’t have enough experience in real state. Some people have become rich from real estate without much knowledge about investing, but if you’re thinking of a long-term investment, there are important things you should consider:

1)  Study the opportunities: Study the characteristics, conditions and opportunities of your real estate investment. The best thing that you can do in this business is thinking of all the details.

2)   Be patient: Remember, real estate investment takes time. If you are planning a long-term investment, you will not see the results immediately.

3)  Study the location: You should know everything about the area that you are planning to make an investment in. A touristic place, parks, malls, activities done during the year, famous places; all these things increase the value of your property.

4)    Make smart decisions: Investing can be a confusing process; you need to try to be a smart investor. Spare all the money possible, don't get carried away by feelings and ask all the questions you need.

5)  Contact an expert: This is the most important thing when you want to make an investment. Keep in mind that a realtor has all the experience that you don't have in the area. A realtor can help you clear all your doubts and help you choose the best option; just be sure to find a good realtor you can trust.

Real estate investing can really be conceptually simple, but keep in mind that "simple" doesn't mean "easy." If you make a mistake, consequences can range from minor inconveniences to major disasters. You could even find yourself broke, or worse.

But don’t panic! Our team of professionals can help you in all this process, because at Gables Riches your peace of mind comes first.