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Investment Opportunities in Dade/Broward
November 29th, 2007 5:51 PM

"Investment Opportunities"...for real?

Does the rent match the debt service + taxes? if not, where is the "opportunity" in a negative appreciation market?

Are there "real" real estate opportunities in Miami-Dade/Broward County? or they are about to appear? what's the purchase price level to define a prospect transaction as a "real investment opportunity", is it its reposition cost? comments?

 

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Posted by Alejandro Rakover on November 29th, 2007 5:51 PMPost a Comment (1)

Intersting point for cash buyers as of the window of opportunity before banks begin given credit... “Even if the trumpets were sounding and the fireworks were exploding to signify the bottom of the market, many people still couldn’t buy real estate right now because of the lack of financing available on the street,” said Peter Zalewski, a principal in Condo Vultures®LLC, a Bal Harbour, Fla.-based consultancy. “That being said, we are dealing with a steady flow of all-cash buyers, both bulk funds and individual purchasers, who are in the market. These all-cash buyers realize the window of time before credit returns to the market won’t be long given the efforts by the federal government and central bank.”

Posted by Silvina on May 19th, 2008 10:41 PM
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