Tuesday, November 30, 2021

Moving to Broward Florida?



Moving to Broward 


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If you are thinking about moving to Broward, FL to cities like Plantation, Davie, Cooper City, Southwest Ranches, Fort Lauderdale, Weston, etc.

Now is a good time to get a feel for the Home Market Discover You Dream Home in Broward, FL see the Homes for Sale Broward FL.

If you want to see what's available in the local area, let me know the cities that you are interested in, and I'll send you home listings so you can familiarize yourself with the going rate for that area.

 

Click Here Find Homes for Sale in Broward FL

 

People come to South Florida from all over the world and nationally form places like California, New York, Massachusetts, and all over the USA.

Top market for international buyers Broward County is part of the nation’s strongest real estate market for foreign buyers. International home buyers accounted for 36 percent or $6.1 billion of total sales volume in South Florida in 2015.

Relocation for those with EB5 Immigrant Visas: Homes Investor EB5 Visa - Broward South FL USA

 

Broward Home South FL

 


How Much will my Broward County, FL Home be worth in 5 years?

In the period of time from 2018 to 2023 Residential Real Estate Prices increased by a whopping 20% per year or close to 100% by 2023.

Is as though the world has taken notice and every one wants to move to Fort Lauderdale and nearby cities!

Going with a very conservative appreciation rate for Homes of 3.5% per year you can expect a $500K Home to appreciate to:

5 years $594K

10 years $706K

20 years $1 Million

Due to low interest rates and other issues home values in Broward County FL increased by at least 20% in 2021, so as you can see this is a conservative estimate of future value, we might get another interest rate decrease soon, we’ll have to wait to see how the home market will react, it is impossible to predict the future, we can only look back.

I can help you if you’re moving to Broward, FL to cities like Plantation, Davie, Cooper City, Southwest Ranches, Fort Lauderdale, Weston, and other cities in Broward County, we'll make your relocation easy.

 

Happy Home Searching!


                   
        
Visit our Website:  www.SouthBrowardHomesbyTony.com

Antonio Ortega LLC Licensed Real Estate Professional with Global Luxury Realty





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Wednesday, November 24, 2021

What to Consider Before Buying a Pool

 


Fort Lauderdale Broward County Pool Homes



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The sun’s out, the burgers are on the grill, and you’re in the mood for a swim - like millions of Americans, you’re thinking about purchasing a pool. We know, they’re great for exercise, Instagram photos, and parties but getting one built from scratch is no small undertaking and it’s worth doing some research first. Here are a few key considerations before you take the plunge.

Knowing the Yard

Wherever you are in the country, there’s a good chance you’re subject to zoning laws that relate to pool installation. Your license to construct a pool depends upon both federal, state, and county regulations and you’ll need to check with your local authorities before beginning the project to be certain that it’s legal.

Once you know that you can legally install a pool, the next step is to find the right space for it. Your considerations should include the size, geometry, and even geology of your yard - you need to make sure you have a loose understanding of these before you proceed. Will digging into your yard space disrupt utility lines? Is there any landscape in your way?

 Some of these obstacles can be worked around - for example, trees or branches can be removed or pruned by a service. A local tree service will be able to give you more space using official tools, gear, and equipment. Just make sure you read plenty of online reviews and ask for at least three upfront estimates before deciding upon a contractor (bear in mind, for tree disposal, stump grinding, and disposal should be included in the price).

Picking a Pool for Broward County Florida

There are two types of common domestic outside pools - above- and in-ground. Both have their advantages, and it’s not always clear cut which would cost you least or be most suitable so it’s worth, firstly, doing some reading. In-ground pools, while typically more expensive and labor-intensive, benefit from better customizability and durability and tend to look nicer than their above-ground counterparts. On the flip-side, they often require more maintenance and don’t always lend themselves to re-sale.

Above-ground pools don’t require excavation and so can be more quickly (and, usually more cheaply) assembled. They’re also safer and tend to require less upkeep, which saves you some money in the long term. As they’re less of a permanent fixture than in-ground pools, they can also be used (or not used) as a selling point when listing a property. Whichever option you go for, make sure to keep receipts and track improvements (including with before-and-after photos).

Installing and Beautifying

Once you’re set on the pool you want, it’s time to find someone to install it. Luckily, tracking down a contractor should be easy with a good directory. In a few clicks, you can find experts who will advise on the feasibility of the project and aid in the assembly whether above or in-ground. Make sure to only hire licensed, experienced professionals with liability insurance and carry out plenty of background checks first to ensure you’re getting a fair deal.

If you’re worried about the effect a pool might have on your garden’s appearance, then it’s worth first looking online for some design inspiration. There’s an abundance of styles and decorations you can apply to help the pool fit in nicely with your home’s natural environment and many of these needn’t break the bank.

Constructing a pool from scratch is no small feat and requires plenty of preparation but if you use the right experts and manage your risks, there’s no reason why you can’t splash out for next summer.

We can help you if you want to buy a pool home, in Fort Lauderdale, Plantation, Davie, Weston, Cooper City, Hollywood FL


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Visit our Website:  www.SouthBrowardHomesbyTony.com

Antonio Ortega LLC Licensed Real Estate Professional with Global Luxury Realty



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Monday, November 22, 2021

Invest in Fort Lauderdale Vacation Business

 



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Invest in Fort Lauderdale Commercial or Residential 

 

You know how it goes, you visit a place once, then suddenly you're spending half a million dollars on a vacation home to add to your arsenal of income streams. But it’s not always easy, and there are a few things that you should know before you dive deep into starting a vacation rental business.

Today, Antonio Ortega of Global Luxury Realty, LLC offers a bit of practical information to help you make the most of your investment.

 

Investing Options and Considerations

 

In the world of real estate investments, you have many options. Some people choose rental properties, which are essentially single or multi-family homes that people rent and live in for months or more. You might also choose to fix and flip properties for a one-time profit. A real estate investment trust is another option, but these are usually low buy-in and low returns. Investing in vacation properties is a great alternative if you want to both generate an income and have an essentially free place to vacation when you want to get away.

You can also do Airbnb, VRBO short term rentals where permitted and hire a property management company to handle everything for you. 

 

Cost of Ownership

 

There are many costs that go into a vacation rental. The first is the cost of the home, which can be as little as $500,000 to several million dollars or more, depending on where you plan to buy. Like your primary residence, you’ll also have taxes, insurance, maintenance, and more. However, unlike the place you call home, you may also need to pay for a vacation rental service.


Information Videos on Real Estate for the Fort Lauderdale Broward FL

 

There Are Highs and Lows

 

If you’ve ever been on a vacation during “peak” season, you already know that some times are busier than others. Although, as the Fort Lauderdale Stays blog smartly points out, spring and fall might have the best weather, as these avoid the storms of summer and the mild (meaning fewer water days) temperatures of winter. Plan your rental rates accordingly. You can charge more in the summer but reduce your fees during the winter. You may only be able to rent it out enough to pay the mortgage, and that’s okay because your big money-maker days are ahead.

 


You Have to Know the Laws

 

The IRS looks at vacation rentals it’s up to you to know how your property is classified. It’s likely, however, that your vacation property will be considered a business, and that means you may deduct up to $25,000 each year in losses. If you don’t rent your home much the first year while you’re getting it ready, it may still be considered a personal residence. Consult your CPA and talk with your mortgage advisor about your plans beforehand so that you get the right mortgage from the start.

 

More than 13 million people visit the Fort Lauderdale area every year. That’s 13 million potential customers in both the up and down seasons. This alone is a compelling reason to consider investing in a luxury rental property. Before you get started, know your options, estimate your returns and costs, and understand how the IRS will look at your vacation home. Then, call your realtor and mortgage broker so that you can get started on the fun part: the home search.

 

Thank you for the trust placed in me,

Antonio Ortega LLC


                   
        

www.AntonioOrtegaLLC.com     For Residential Properties

www.AntonioOrtegaLLC.net       For Commercial Properties
        

Visit our Secure Website often:  www.SouthBrowardHomesbyTony.com

Antonio Ortega LLC Licensed Real Estate Professional with Global Luxury Realty


P.S. Be it today, tomorrow or six months from now, I'm prepared to offer you dedicated extraordinary service.

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Tuesday, February 16, 2021

Don't be Unpleasantly Surprised When you Close on your Home

When you are buying a property in Broward County Florida, you assume that the previous owner is up to date paying their taxes, and that they do not owe for any past repairs (Mechanic’s Liens). You may also assume that they have closed all Opened Permits, Code Violations, etc. Unfortunately, often this is not true, and this has led to horror stories for countless amounts of buyers.



Most of these nightmares could be traced back to the fact that not enough attention was paid to details before presenting an Offer to Purchase. Once you close and the property is transferred to you, you inherit all the existing problems, Liens, Open Permits, etc.




Most Real Estate Agents tend to disregard these problems, I’ll address these possible problems, when we present the Offer to Purchase. I am not in this just to make a commission. To avoid these problems, I will make a priority to insert special wording into the offer to keep you safe, and to get you into the home of your dreams.


 



Thank you,

                   
        
Visit our Website:  www.SouthBrowardHomesbyTony.com

Antonio Ortega LLC Licensed Real Estate Professional

Text or Call 954-648-6095

Global Luxury Realty, LLC



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Saturday, December 19, 2020

Fix and Flip Homes Real Estate Investment Broward Homes For Sale

Interested in Fixing properties, single family homes, and reselling them for a profit? We can send you a list that's updated daily, so that you'll be looking at fresh information all the time, of Properties For Sale that need some upgrading to look their best.



Please tell me what your Price Rage is so that I can tailor your list within your Price Range, most homes available are over $250K, the listings will be coming from another of our websites, once you no longer want to receive the information, simply let us know and we'll stop sending you the special listings. 

Contact Me to receive the Special Home List, there are some great opportunities, let me know that you're an Investor and send me your full contact information, let me know the price range, the opportunities are all over Broward but you can select a specific area from the map, that will be provided.

Fix and Flip Here are some tips:

One way to avoid potential “money pits” according to Auito, is to be sure that three areas of the house are solid: electrical, plumbing and heating/cooling systems. “These systems are expensive to correct in relation to the value they return to you upon resale,” Auito says.

Other areas to pay close attention to: roofing, foundation and structural integrity. Unless you have a large corporation backing you with an open checkbook, you want to stay away from foreclosures that have problems in these areas, because your return on investment won’t be substantial enough to make it worth your while.

Try to find foreclosures with simple “cosmetic” problems. Find yourself a reliable remodeling company (like A Humble Abode) and use the following procedure to turn over your investment in short order, according to Dan Auito:

l Order a dumpster for the next ten days and get your demolition man to throw out everything including the kitchen sink. In other words, clear the decks.

l After the house is cleared of debris, it’s time to patch and paint. Let your painters blast the place with their airless paint-spraying arsenal inside and out. Within three days, you’ll have added a huge improvement to your investment. This is the biggest dollar-for-dollar return you can make. Make sure that quality paint is used. “When it comes to painting,” Auito says, “it’s the labor that kills you, not the material. If possible, insist on Sherwin Williams Super Paint. It is a miracle-type formula that covers up bullet holes without any patching compound and it lasts forever. It’s worth every penny; insist on it.”

l After the painters leave, the flooring guys can lay tile and carpet, which will take two to three days.

l Next bring in the cabinet installers and handyman plumber.

l Last comes light fixtures, vanities, toilets, sinks, doors, switch plates and outlet covers.

“Ten days are up,” Auito says, “and this house is either held out for rent, lease-optioned or sold for a whole heck of a lot more than the ten grand that was put into it, if that much.”

Auito gives this example of a successful F&F: “I bought a house for $55,000. Its deficiencies were purely cosmetic. I used other people to do all the work and I pitched in to keep them organized. Ten days later, it was done. I spent a total of $5,000 on materials and labor and it appraised at $90,000 in 10 days! 

That’s $30,000 in 10 days, not 3 months.”


I have a Mortgage Broker / Lender on my Team, that I have used on many transactions, he has made all transactions go smoothly.

Now days the Offer to Purchase and all related documents are signed electronically, it's convenient  and efficient this way.

The Esign Act Granted Electronic Signatures the same Legal Status as Handwritten Signatures throughout the US

We use Dotloop – How to Esign the documents we’ll send you:

Click On “View Document” select your signature and on the right-hand-upper-corner of the document click on “Start Signing” the program will automatically move to the next place where initials or a signature is required, when you left click, I'll also send you’re a PDF copy of the document for your records.



How To Improve Your Credit



 South Broward Homes For Sale By City Or Zip Code from Tony Ortega on Vimeo.


Please work with me as your Realtor exclusively, I'll stay with you until we find your Home.

Stay Safe and Healthy

                   
        
Visit our Website:  www.SouthBrowardHomesbyTony.com

Antonio Ortega LLC Licensed Real Estate Professional

Text or Call 954-648-6095

Global Luxury Realty, LLC

Click Here to Contact Us





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