Friday, August 24, 2018

Why you should buy a rental property?



The end of the year is approaching, which for some means that Real Estate investments are increasing. For most, it means having bigger and better properties to invest in, but there’s one part of the market that is being pushed aside: buying rental properties.

Some realtors aren’t too fond of having tenants in their properties, mostly because renting involves more of a closer follow-up, and it’s something that people who are beginning in the world of real estate can’t handle easily.

On the other side, being the ideal tenant has its cons, such as following deadlines closely, trying to keep up with the contract clauses, and more. So, before buying exactly what you’re looking for, renting is a good start.

And for all the realtors out there: rentals are the perfect market and we’ll tell you why.

Know your market

Buying rental properties isn’t for everyone, and that’s a fact. That’s why you should get to know where you’re investing.


  • Know your leverage: believe it or not, real estate is one of the markets where banks are your allies;
  • Tax-based strategy: when you’re checking out properties for possible rental purposes, it’s important to know the real market value. Thanks to mortgage deductions and depreciation, your  cash flow is tax-free, which will allow you to have more earnings over time;
  • A retirement plan: saving isn’t really a priority for most, but whether you’re thinking about buying a property to rent or you’re thinking about renting, saving is a full commitment. You must pay and invest a lot to eventually find stability, but it will be worth it at the end.


“Why shouldn’t I have this?”


Is a house with a pool really a priority?

While for many this is a valid approach, this won’t help you get the one property you need. It doesn’t matter if you’re buying to invest or you’re looking for a place to rent; instead of focusing on the details, try and think about the big picture: why should you have this?

Think about the things you need and the time you’ll be spending there: whether you need a place to live close to your work or a business venture; it’s all about practicality.

Doral Riches is here!

Doral Riches is here to help you find the best opportunities to invest here. With our team of experts, you will find the best places to enjoy the best this city has to offer.

Friday, July 27, 2018

Doral: a good option for summer


Doral is a fun place to live. This city offers you a wide variety of activities for all the family; you can find exceptional activities to make your stay pleasant. Here you will find countless accommodations, excellent restaurants of all cuisines, world-class shopping and friendly people.

In summer, Doral is one of the favorite touristic places for its activities, parks, and camps; also, it’s close to downtown Miami and accessible from Miami Beach.

Here are some recommendations and great activities to do if you are planning to come soon:

1)    Trump National Doral Miami is a golf resort in Doral, South Florida. More than golf, this is the perfect getaway for sun-seekers and leisure travelers.

2)  Doral Central Park is located in the commercial heart of Doral, adjacent to the headquarters of Carnival Cruise Lines. Its open green spaces and scenic lake views are ideal for corporate gatherings and community events.

3)     Morgan Levy Park is home to many wonderful amenities, including the very popular soccer fields. It is the best way for everyone in the family to have fun.  Playgrounds, tennis, and soccer are all at play in this beautiful place.

Between parties, festivals, parks, and camps, there are no doubts that Doral has so many options for tourists and natives; for that reason, it is also an extraordinary option if you are planning to invest.

In recent years, Doral has enjoyed a new transformation, which opens new opportunities for buyers to find so many home and condo options to buy and lease.
Doral is growing at a fast rate, and in the real estate sector, the city is currently experiencing a buyer’s market, making it an ideal place to invest or buy a second home.

According to studies, in 2015 Doral ranked first out of 227 places, thanks to its relative affordability, low unemployment rate, and strong population growth.

In Doral Riches we can help you find the perfect home for this summer. Contact us now!

Wednesday, June 27, 2018

Must-do activities in Miami this summer






Summer comes around and it’s time to enjoy the vacation lifestyle you deserve! If you are planning a relaxing and incredible escape for the next three months, Miami is the right place to experience diverse adventures, cultures and folkways under a never-resting sun of summer.

We prepared the top 8 must-do activities in Miami this summer 2018.

1.    Biscayne Bay Sunset Cruise: start your summer in a state-of-the-art cruise across Biscayne Bay at sunset. Enjoy the stunning views in a slowly and relaxing voyage to Miami’s horizon. This activity is great for couples, but the catamaran is also family-friendly.

On this cruise, you ride along the virgin nature of Florida and the shore of Miami, with views of Millionaire Row and the Art Deco District.

Where?
801 Brickell Bay Dr
Miami 33131

2.    Helicopter Tour: meet Miami from a different point of view. This breathtaking trip takes you from Amelia Earhart Park, flying over the Atlantic Ocean, North Miami Beach, and so on. Besides, you can discover the history of Miami through the expert narration of the local pilot.

3.    Everglades Tour: the most famous sightseeing cruise in Miami. This airboat ride takes you through the Everglades’ wild beauty and shows you replicas of Native American culture. You can also meet the emblematic animal species of Florida, such as soft-shelled turtles, wading birds, panthers, deer, and alligators.

4.    Vizcaya Museum and Gardens in Coconut Grove: also known as Villa Vizcaya, it was the residence of a businessman named James Deering, owner of the Deering McCormick International Harvester fortune.

This architectonic jewel from the 19th century is now open to the public. It includes extensive Renaissance gardens, native woodland landscapes, enigmatic statues, and European village structures. Besides, inside it you can discover an extensive collection of historical furniture and artwork.

Villa Vizcaya is a place to meet Florida’s historical roots and mindset, as well as the origins of Miami’s high-end urban style.


5.    Miami Bike rentals: discover Miami on your own while doing morning exercise. Take a relaxing ride through boardwalks and hot streets of South Beach. This is an activity you shouldn’t miss in summer.

Here is a map of all the bike rentals in Miami.

6.    Zoo Miami: this is a must-do activity if you are taking vacations with family. Zoo Miami is the oldest zoo in Florida, and it gathers a tremendous selection of tropical animal and plant species. It also features interactive experiences, such as giraffe feeding, Lostmans river ride, night safari, and citizen science.


7.    Miami Swim Week: It starts on July 12. A showcase of the latest in swim and wear. If you are a fashion lover, you’ll be delighted with several events such as Miss Bikini United States, Art Hearts Fashion, and Cabana Show.
8.    Colombian Independence Day Festival: this mega rumba will take place in Wynwood Marketplace on July 20. It gathers renowned musical groups from Latin America, arts, craft, and traditional food.

At Doral Riches, we can help you find the best place to settle in Miami during these summer days.
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