Think loft-style condo living, Miami may not be the first place that comes to mind. Though New York is the birthplace of lofts, their modern, minimalist appeal has won them devotees across the country, including Miami (aka “New Yorker’s home away from home”). This is what has made loft-style living highly sought after in Miami too. Read on for a lowdown on the origins, characteristics and varieties of loft-style living spaces and where to begin your search for loft-style condos in Miami: Start here if you are ready to search loft-style condos Humble Origins of the Loft Condo Roots of the industrial chic ‘loft’ can be traced back to the factory districts of the 40s in Manhattan, New York. With increasing land prices forcing out production units to the suburbs, abandoned warehouses and factories were converted into studio spaces by young artists and musicians. Their large, open floor plans and raw canvas appeal made them the ideal live-work situation for artists of every...

Airbnb has taken the world by storm, and it’s no news that vacation rental investments have become a great source of extra income for many. In fact, this platform focused on short-term vacation rentals worldwide has been growing steadily, and Airbnb managed to rake in $2.6 billion in revenue in 2017, providing an average of $924 monthly for hosts with Airbnb rental properties. There are even people who can now afford to live simply from income generated through Airbnb rentals and vacation rental investments in general. So, how do you go about financing a property for your Airbnb rental business so you can cash in on some of this growth? A lot depends on the property that you select. If you’re buying a condominium for this purpose, you’ll have to look at the condo association’s regulations regarding short-term rentals in order to determine what rental investment financing options you should focus on. Your down payment, financial profile, credit score, and the type of use you will...

When selling your home, it’s understandable that you’ll want to make as much money as possible from the sale, and you may be weighing the pros and cons of saving a little money by selling the home yourself without hiring a real estate agent. Real estate agents typically charge a 5-7% commission on the sale price of your home, so you could potentially save thousands of dollars by selling the home yourself, and this is the most common reason why home sellers make the decision to sell on their own. But is it a sound decision? While saving money on commission sounds like it could be a benefit, there are actually several drawbacks to selling the home yourself unless you happen to be very well trained and experienced in the field of real estate, have lots of time on your hands, are a whiz at marketing, and have some legal know-how. According to The National Association of Realtors, more than 90% of all properties listed for sale by owner fail to sell, and sellers end up having to hire a...