Everything You Need to Know About Independence Day in the Magic City
Summer is in full swing and the fourth of July is right around the corner. With Independence Day events from Downtown Miami and Miami Beach to Coral Gables or Coconut Grove and many points in between, there is something for everyone. Events run the gamut from music festivals, pool parties and dinner cruises to some of the biggest and most spectacular fireworks displays around the globe. To help breakdown the bevy of options, here are some of the hottest events happening all around town.
Fire on the Fourth Festival – 12p-9pm – 73 Street & Collins Avenue, Miami Beach
Arguably one of the biggest and best of the 4th of July events takes place at Miami Beach’s North Beach Bandshell Park. Festivities kick off at noon and shuttle service is available.
Fireworks at the Historic Biltmore – 5-10pm – Biltmore Hotel Miami Coral Gables
Dazzling fireworks show over the historic Biltmore Hotel Miami. Concert, all-inclusive BBQ, open bar available. Grounds open to the public at 5pm. Reserve early!
America’s Birthday Bash at Bayfront Park – 10am-10pm – Bayfront Park, Miami
One of the biggest fireworks displays in South Florida can be found at Bayfront Park. The park opens at 10 and will have lots of food and drink options and a Kids’ Zone for the little ones.
4th of July Celebration at Bayside – 11am-10pm – Bayside Marketplace
Family-friendly event with food, games and prizes, live music, the Miami Marlins Funday and fireworks.
Coconut Grove Fourth of July Concert & Fireworks Show – 6-10pm – Regatta Park, Miami
It’s the 4th of July in Miami’s oldest city! This event will feature music, food, drinks and artisanal pop-ups by local favorite vendors, Miami Kids Corner and is capped off with the annual fireworks show on Biscayne Bay at Regatta Park.
4th of July Weekend Celebration on Ocean Drive – July 4, 3pm – July 7, 5pm – Lummus Park, Miami Beach
If one day of celebration isn’t enough, this is the event for you! The breathtaking fireworks display is set to the sounds of a 50-piece orchestra to kick off a weekend of food, fun and many family-friendly events.
4th of July Independence Day 2019 family Fireworks Cruise – 7- 11pm – Hyatt Regency Miami
Experience the spectacle of Miami’s best fireworks displays from the water aboard the South Beach Lady.
4th of July Firework Viewing Party at The Clevelander – 6pm-11:30pm – The Clevelander, Miami Beach
World famous Clevelander South Beach Hotel and Bar will host their annual fireworks viewing party starting at 6pm on July 4th. Choose from vantage points on the POOL + PATIO, SPF-4 Sun Deck or the C-LEVEL 6th floor rooftop.
Can’t decide which event to attend? Perhaps the best viewing option of them all is on the water. Rent a boat – or find a friend with one – and see all the firework action on Miami Beach, Key Biscayne, Downtown Miami, Coconut Grove and more while floating on the Intracoastal.
Location, location, location… While it may not be everything for renters, location plays a big part when deciding on a property to call home. Cost, amenities and ease of transportation are just a few more considerations that go into finding the perfect rental property.
Thinking about moving can be daunting. And in a crowded rental market, even more challenges arise. A good place to start is by first setting a realistic budget and creating a wish list for your next home. It should go without saying that your budget is important. While renting provides some benefits – your landlord or property management company handling the cost of repairs for one – it is important to take a thorough and practical look at your finances. As a rule, rent should cost around a third of your monthly income leaving room for other bills, groceries, transportation costs, renters insurance and more. For those who would like a little help figuring out their budget, there are many tools and calculators online while websites like Mint.com help you sync and organize everything in one, user-friendly and easy to understand place.
So, you have your budget, now the fun begins! Making a wish list is part of the excitement of finding a new place to live and can include everything from ‘short commute to work’ to property features such as granite countertops or wood floors to a building with a pool that rivals the world’s best resorts. Start by putting your non-negotiables at the top… number of bathrooms, parking spaces, must-have washer and dryer… then move on to the things that you would like to have but could work around for the right place. You will end up with a prioritized list that will help you when you start looking at potential properties.
Once you have narrowed down your search, you will want to learn everything you can about the property. Ask questions like “who is responsible for repairs?” and be sure to find out everything that is covered in the lease so you are not surprised by extra fees that could strain your budget. Do you have pets? Make sure your furry family member is also covered by the lease and plan for related expenses. Understand your lease terms completely. What happens if you have to break the lease? Life is full of surprises so read the fine print and ask questions before you sign anything.
Whether you are searching for a temporary relocation or a place to call home for the foreseeable future, a little planning will help you find success in your search!
So, you are ready to buy your first income-producing investment property… Congratulations! But before you buy that property, there are several things to consider before signing any deal. Understanding how to become a successful landlord are tantamount to success. With some research and planning, new and seasoned landlords alike can find their sweet spot in today’s market and reap the rewards of savvy real estate investing.
You have made the decision to invest in a property to rent and maybe even have your eye on another property so what’s next? First and foremost, you must understand what the demand is for rental properties in your area. If demand is low, finding a tenant or setting a price that optimizes your investment may be challenging. As the market changes rapidly, staying on top of trends is imperative. In addition to understanding market demand, there are legal considerations. From tax codes to inspections, federal, state and local laws are there to protect the tenant AND the landlord. Familiarizing yourself with the Minimum Housing Standards and using professional consultants will ensure everything is done by the book.
Costs and Property Management
Investment properties are a great way to build wealth and make money, but these homes also come with costs. Insurance, taxes, association fees, maintenance and yes, even an occasional bad tenant are sources of additional costs that should be factored into your expected return on investment. While background checks, credit checks and references will help you to choose the best tenant, using a professional property management company will go a long way in protecting your investment. A good property management company will know everything necessary to successfully manage your property while keeping you apprised of anything and everything that you need to know about what is happening in your rental unit. Should you find success as a landlord and buy additional properties to rent, hiring a professional property management company is a must.
Preparing a Property to Rent
Just as home sellers should walk through their home to see it through the eyes of a potential buyer, so too should landlords look at their rental property from the renter’s point of view. If you were considering renting the home, what would you look for? Basic repairs, a thorough cleaning and ensuring everything is in good working order are the baseline essentials. Desirable features such as a washer and dryer, high-end appliances or modern fixtures and finishes will increase the appeal of your property, giving it an edge in the market.
Getting ready to sell your home? There are many things to consider before you list your property. Not only does a well-prepared property speak to buyers on an emotional level, but the best prepped homes lead to the fastest sales at the best price and isn’t that really what every home seller hopes for? If you can afford a professional stager, that is always an excellent choice. However, if you can’t, don’t worry… preparing your home for sale doesn’t have to be difficult. With a little consideration and a good plan, your home will be prepped and ready to welcome potential buyers in no time. Bring on the offers!
First things first… take a walk through the home as if you are the buyer. What would you look for when considering investing in a property? Take notes. Fix anything that stands out. Small repairs go a long way. Are your rooms a bit outdated or does one room have a wall color that seemed fun when they were painted? Small renovations such as new fixtures, cabinet hardware or a new coat of a neutral colored paint will help potential buyers to see the home as a backdrop for their personal design style.
Clean everything. Organize pantries, closets and cabinets. People will look inside and having an organized space is an indicator that you take care in how the house is maintained. Take notice of how the space flows and remove anything that interrupts an easy flow. Placing some thoughtful vignettes around the home will help potential buyers to see how a home might be lived in. Coordinating linens and a scented candle in the bathroom or a strategically placed book and coffee cup next to a comfy chair will instantly invoke images of the perfect livable space.
And finally, if you are selling a property that has been your place to call home, saying goodbye might not be easy. Removing personal touches from the rooms may help to depersonalize the space. Once you have decided that selling is right for you, it is never too early to start cleaning up. Donate. Pack away photos and other personal items. Not only does it help to loosen the emotional ties, but it will also make moving easier in the long run.
Selling a home can be tricky business in today’s market with many (many) things to consider. As real estate is indeed a complex process, the first step to consider should be finding a reputable Realtor® who will guide you through the process with ease. From setting the right price to the marketing of your property to negotiating and closing, your real estate agent is your biggest advocate throughout the transaction and will work to get you the highest possible profit while setting realistic expectations, ensuring that you are confident and happy with the outcome.
Setting the price to list a property can be daunting with many facts and figures, comps and market trends to consider. Working with a real estate agent will take the confusion out of all of those things. Real estate agents are incredibly knowledgeable of the market, and how quickly it changes, and armed with recent sales data, will ensure that you set the right price for your property. Expert negotiators, Realtors® help navigate the tricky waters of the offer and counteroffer, handle demanding buyers and offer sound advice throughout the process.
In addition to the details of paperwork, offers, inspections and financing, your real agent can assist with preparing your home for showings. Staging, which allows potential buyers to visualize the property as a potential future home, is just one way to increase the selling price and reduce the selling time. A well-informed and well-connected agent will be able to answer any questions when it comes to staging your home and many times are either an accredited staging professional themselves or recommend a home stager in your area.
Finally, real estate agents understand that selling your home is one of life’s biggest decisions and one that should be handled with great care. With many emotions wrapped up in the sale of a home, your agent can help you navigate things like low offers, which may feel offensive, or overpricing your home. Dealing with rejection or negative comments can be part of the process so having an agent on your side to put a positive spin on this type of feedback can be invaluable. At the end of the day, working with an agent will give you many advantages from reaching the biggest number of qualified buyers to handling the complexities of the deal.