All Forum Posts by: Adrian Lemus

 Good morning, Actually I am, I’m doing A full remodel in Miami Springs. 

 A new area that’s being gentrified is Liberty City which is slowly becoming Magic City

There’s  quite a few Vacant lots that you can buy for new construction. I don’t know about Pompano but I know WPB has been pretty easy for selling my New Constructions. Keep in mind, Demolishing a house cost just as much as clearing a 1 acre lot in the Acreage. If you find anything I can give me a better idea on what you are looking at. 

Agree with David. It all depends on Location and what you’re looking for. Loxahatchee area is not ideal for rental but great for selling. Anything East of I95 depends on the neighborhoods and how close you are to the beach and both would be great for rentals and selling!

There’s too many variables. For the most part any new construction will give you more Equity if you get it done at the right price. Schools do not bring up the value more than location here in the Tri-County

WPB - Schools have no affect but Location is Key! 

Broward - Certain areas schools does help but Location is more of a factor

Miami- Dade - Location, Location

No risk no reward.

What I have seen is that there wont be a burst or huge downfall. Banks are being strict with buyers, so the scare everyone is worried about wont likely happen. What is happening is the Market stabilizing and the comps will not let it drop drastically, if it does it will be gradually on until it stabilizes. 

I don’t see us plummeting to prices we had Pre Covid, we may drop about 10%-15% more and stabilize there. 

Nice!!!!! Congratulations on making the move!!!! 

Good morning,

I’m a Contractor and I have built SFRs and done full remodels in the Loxahatchee area and Throughout the county. I actually have one in the market as we speak off Key Lime and Sem Pratt. 

Let me know what type of help you need. 

Ever thought about buying a vacant lot and doing New Construction?

I don’t know how many people reading this lives in Miami but I am seeing the show Shameless in person.

Little by little investors are Turning bad neighborhoods into places everyone wants to go.

Little San Juan is now Wynwood (Great party spot and high end artists main stops)

Overtown is now Midtown ( Great places to eat and shop)

Liberty city is now becoming Magic City. ( A lot of new businesses opening up, a lot of Rehabs and New SFR Constructions happening)

I started noticing this after a friend of mine bought a cheap lot and he’s putting tiny homes for AirBnBs. I looked at him all crazy and then he showed me how a lot of investors are coming into this area and transforming it. This is just a heads up in case anyone looking for cheap investments in todays market.