Why have an expert when investing in a property?

Currently, South Florida is one of the most demanded locations for investors. Its rental market has never been better; from the college students who share a 4-room property, to the numerous families that arrive during summer vacations to enjoy the south. If you are willing to get your hands a little dirty with arts and crafts, there are plenty of properties with low selling prices for renewal; the mortgage figures in South Florida are affordable, and the property taxes are slightly lower than in other regions of the U.S.

 Besides, how can anyone forget about the spectacular views and the properties by the sea? It does seem appealing, right? Investing is a great business opportunity, and it’s not that complex of a process; however, it does have its tricks. That’s why you need experts who can guide you along the way. Whether you’ve been doing this for a long time or not, a little help always comes in handy. So, if you want to know why it is important to have professionals like us when investing in a property, keep reading.

 

The road is always steeper at first. If you’re new to the business, it will probably be harder to discern which properties are profitable and good investment choices, and which ones aren’t. Guess what? We can do this job for you. A real estate agent or broker not only knows how to distinguish if a property will be successful or not (what years of experience can do!), but little by little, we teach you how to tell the difference, which at the end of the day is the main goal, right? For you to sharpen your criteria and your instinct in the field. By having many years of expertise over our shoulders, we also possess strong contact networks within the South Florida area, which means that when the time is right for any good deal or, even, when some inconveniences pop up, we’ll most certainly know the right person for the job.

 

Another major concern when investing in properties is the operational systems. It’s true that this might be the trickiest part: knowing about affordable mortgage scores, dealing with taxes, paying commissions to the sellers, dealing with landlords, tenants, vacancies... it all can seem way too much. So why dealing with it on your own? As real estate agents, we are specifically qualified for the matters that, for one regular customer, are usually uncomfortable. We are trained in marketing, market analysis, and perhaps above all, negotiation. A good negotiator can make the difference between a somewhat weak agreement and an excellent deal.

 

Moreover, in this process you’ll realize that along our job as real estate agents, there are a lot of other professionals that make the process easier and that are good to keep around: Mortgage brokers and accountants who cover the figures;  real estate attorneys and lawyers, who luckily you won’t need as much, but that are important for the safety of your patrimony if anything happens; and finally, contractors and handymen, who carry out the hard labor of transforming a house to increase its value. The truth is that it isn’t as clean and straightforward as TV shows make it seem. In reality, it requires patience, compromise, perseverance, and of course, a great team, which is exactly what we have to offer.

 

As the saying goes, “alone we go faster, but together we go further”, and with the right investment and professionals like us in South Florida, you’ll go further than ever.