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Sunny Isles Beach, which used to be an unremarkable stretch of beach filled with older low rise hotels, is now home to some of the most luxurious high rise oceanfront condominiums you will find anywhere in the world.

What makes the Sunny Isles Condos so unique is that all of the condos on the ocean side of Collins Avenue are either brand new, under construction or in the planning phase.Sunny Isles was made up of so many small hotels that it gave the developers the chance to buy them, knock them down and build these beautiful ocean front condos that are much more pleasing to the eye. When all of the condominium projects in Sunny Isles are complete, you will have a stretch of beach that will be unrivaled anywhere.

Rate and Fee Surprise

The largest surprise is a change in your loan when you go to sign your documents.

The interest rate may have changed substantially or the fees may have gone up.

They may be much higher than the initial good faith estimate that you received.

Make sure that when you go to sign your loan documents that you have the option to back out. If you can walk away from the loan you have the negotiating power.

Do not get yourself stuck in a corner when you are refinancing.

When you invest in a commercial property, you all hope that the property value will go up and the income will continue to increase. However, you also have to plan for the downturn too. There are ways to minimize your risks when you invest in a commercial property:

The total bill to repay a $200,000.00 Mortgage at 5.0% interest is at least $700,000.00 to use rounded numbers. You earn the $200,000.00 to pay off the loan. Another $280,000.00 is the interest paid on the mortgage loan. Then you must pay government taxes on your earnings of another $220,000.00, assuming you are in the 40% tax bracket. This is not a math class. But, these figures are calculations rounded for quick and easy retention. They reflect the past mortgage repayment reality for most Mortgage Holders.

There is nothing more frustrating than having to evict a tenant, whatever the reason, and the reasons can be innumerable - failure to pay rent on time, abuse of the property, drug use, keeping bad company, etc. Yet this is not the most difficult aspect of property ownership. The most difficult aspect of property ownership, by far, is remodeling and the management of contractors. More on this later.
When it comes to managing tenants, however, the biggest advantage that you have is the property that you bought. If it’s a great property, your units will attract great tenants and they will always be full. If it’s not a great property, then life gets more complicated. It’s better to have your units empty than it is to rent to a bad tenant. We know the preceding sentence may be a little hard to digest for the first-time property owners, but it’s absolutely the case that bad tenants will cause you more problems down the road than any rent is worth.

Sunny Doe has been working as an Engineer in the Bay Area for more than 15 years. Over the years, he contributed to his company’s 401K plan and has accumulated over $350K in his IRA rollover account. While it is very convenient to invest in stocks market, he noticed that the returns on the mutual funds in his IRA account are underperforming. As he grows older, Sunny faces the reality that his gray hair is not his asset but rather his liability in the high-tech field. He is also concerned about the volatility of the stock market. On a day the market is doing well, Sunny enjoys checking the balance of his account several times. On a bad day, he convinces himself that tomorrow will be a better day. The recent scandals about backdating stock options, restating financial results and Enron also shook his confidence in public corporations.

Foreclosures are at an all time high in most states. Does that mean that pre foreclosures are right for your real estate investing business? Some gurus, mentors and investing teachers are pushing pre foreclosures as the only business to be in, while others are saying to take a step back. You may want to take a serious look at how you actually work your pre foreclosure business.

I’ve taught the concepts of Design Psychology for many years, and I know how much it can empower a person, and allow them to create a fabulous home that sustains their emotions. Since it’s based on science, I know that Design Psychology is effective at turning plain spaces into happy places.

I discovered Design Psychology in 1985, when my husband and I purchased an 1878 Queen Anne Victorian and began a major renovation. After tearing everything out of the kitchen, we rebuilt the entire space, using concepts I’d learned while studying interior design. But when the project was complete, the feeling of the space was all wrong, so I began a fifteen-year search to learn about how design details influence our emotions.

Real estate agents wear many hats including one for marketing, advertising , merchandising, and publicity hat. Many agents think these are all one and the same. To be effective you need to know the difference and use all four to reach target real estate markets. Let’s explore what each is and a brief example.

Although you may have not experienced this for some time, you could get the call in the near future?. It’s that dreaded call from the lender and he/she informs you that the appraisal estimate is lower than your sales price. Now what? You found a buyer you put this whole deal together it’s hanging on a thread and now it is going to all blow up in your face!!