
Pitfalls of buying investment property in Florida — and how to avoid them
Buying property in Florida has become an increasingly popular way to invest. However, like any profitable investment strategy, there are risks and obstacles to overcome.
Multi-family properties in South Florida are solid investment opportunities. What you need is a knowledgeable local expert to help you make the right investment choices.
Many of the multi-family investors with whom we work feel like they are going at it alone without support, often investing greater amounts of time for smaller returns. As investors ourselves, we understand the resources needed to buy, sell and maintain properties. Our team of professionals help investors leverage their time and money through our experience, education and resources.
Whether you are just getting started with investing or are a seasoned investor, we invite you to join the Royal family. Let us help you build your Empire one property at a time.
The city of Coral Springs is an up-and-coming hot spot. With the city itself planning to develop several destinations with its Cornerstone Project, there is a high potential for growth for any business in the area. Already located in Coral Springs is The Walk – a popular strip of restaurants and stores that attracts Coral Springs residents as the place to be. In Coral Springs, you will be among a community of successful businesses such as Coral Springs Automall, Blue Stream and Broward Health.
A South Florida hot spot for nightlife and events, Fort Lauderdale has it all. Interested in Florida’s historic coastline? Travel along scenic A1A for incredible beach views. Want to be a part of an active social scene? Check out Fort Lauderdale’s variety of clubs, wine bars and breweries. There’s something for everyone in this festive city, making it perfect for business owners marketing to a diverse crowd.
The city’s new initiative to provide fiscal incentives for new business investments in Pompano Beach allows for booming job opportunities. Pompano Beach is marketing itself as a business opportunity with the potential for high growth for anyone who takes advantage of their redevelopment and investment programs.
Centrally located between Miami and Fort Lauderdale, Hollywood is a prime location to open up your business. If being between the two busiest cities in South Florida isn’t enough potential traffic for your business, Hollywood is also home to Port Everglades, one of the largest commercial ports in the world. This dynamic combination makes it home to some of the most successful commerce in Florida.
One of Florida’s most beautiful East Coast cities, the city of Boca Raton has plenty of incentives for prospective business owners. Free networking opportunities, business mentoring, ribbon cuttings and expedited permitting are only a few of the things this city has to offer. One of the missions this city pursues is building up businesses for their community. The city offers financial support for businesses based on jobs and the range of salaries they provide the community. If you’re looking for a community that’s supportive of business, Boca Raton is the city for you.
A large and diverse city with a wide array of business opportunities, the City of West Palm Beach is situated just on the other side of Lake Worth Lagoon from the tourist hub, Palm Beach. West Palm Beach features shopping and nightlife districts in CityPlace and along Clematis Street as well as cultural attractions such as the Kravis Center for the Performing Arts and the Norton Museum of Art.
One of the most diverse cities in Palm Beach County, Lake Worth Beach has a plethora of hidden gems for Florida natives. The Lake Worth Lagoon attracts large crowds looking to spot manatees in the fall and winter. Downtown Lake Worth is an eclectic mix of businesses that have everything the average citizen needs. If being in the center of art, music and the beach sounds like the perfect place to have your business, then Lake Worth is the spot for you.
Royal Empire Realty is a unique brokerage focused on building leaders in the real estate industry. Our philosophy is to Educate, Grow, Lead and Inspire — and that philosophy affects everything we do.
We believe in mentoring each member of our team to become the best real estate agents they can be. We empower our team to develop a niche and then educate themselves so they are leaders in that specialty, offering value to each client we serve. They are not just Real Estate Agents, they are Real Estate Advisors.
We are passionate about providing our clients solutions that are innovative, customized to their needs and proven to be effective. We are not just a Real Estate Brokerage, we are a Real Estate Solutions Company.
Melissa Donnahoe is the Broker/Owner of Royal Empire Realty, powered by SELLSTATE. She was born and raised in Florida and is extremely familiar with the area and the ever-changing real estate market. She has worked in both Residential and Commercial Real Estate and has been involved in hundreds of transactions.
She is not just a Realtor, but an investor as well. She works with other investors to show them how to leverage their time and money through her knowledge, experience and amazing team of professionals.
Let her knowledge and experience work hard for you, so you don’t have to. She will create a hassle-free experience for you and get you one step closer to obtaining your goals: from homeownership all the way to investing.
Buying property in Florida has become an increasingly popular way to invest. However, like any profitable investment strategy, there are risks and obstacles to overcome.
As an investor, you have been eyeing real estate investments in South Florida. You are considering a single-family property or maybe a fourplex to maximize
One helpful way to determine the optimal time to buy, sell or hold your property investments is to track the real estate cycle for your
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