Luxury South Florida Home Away From Home: For Investors and their REALTORS

Florida Luxury Rentals

(a planned business for an investor and his REALTOR: you provide a suitable home or going to invest in one,

I do marketing to provide the suitable renters - please see the details below)

* For active people over 50 (singles and couples)

* Monthly, seasonal or yearly rentals

* A room is better than in a hotel - with access to luxury common areas and amenities

* Close to the ocean beach

* Close to restaurants and shopping

* Close to two international airports and cruise ports - Miami and Fort Lauderdale

* Bring your toothbrush and swimsuit!

Are you the owner of a South Florida pool home with at least 4 bedrooms and bathrooms to share

and willing to turn it into such rental business/community for snowbirds?

Or are you going to buy such an investment property with the same purpose in mind?

Or are you a REALTOR?

Then read on please and drop me a line!

Owner's Benefits - some approximate calculations:

$ Investing in the Florida property near the ocean you make sure that your money is safe and sound as this area is the most sought after by the investors worldwide

$ The renters will be high middle-class retirees (snowbirds) - a nice and cultural croup. During the summer months (when snowbirds are enjoying their home weather) we can bring international renters on board

$ Rental Program Estimation for a pool home near the ocean:

Purchase price $2,000,000. 30% down payment or $600,000 and $1,400,000 loan with 4% interest (if financed), so the annual mortgage payments would be $6,700 x 12 = $80,000 (if any).

Annual income $3,500 per month per room/bath x 4 rooms x 10 months = $140,000.

Expenses $50,000 (property tax $32,000, home and flood insurance $4,000, utilities $10,000, websites and ads $3,000, misc. $1,000).

Annual Net income $90,000 without the mortgage or still positive $10,000 with the mortgage (tenants actually pay off your mortgage).

CAP = Annual Net Income/Purchase Price = 4,5%.

ROI = Annual Net Income/Cash Invested is the same if no financing involved, or 15% with the down payment in cash only.

When the place becomes popular, you'll be able to charge club membership fees as well...

REALTOR'S Benefits - commissions:

$ Commission on buying

$ Commissions on continuous rentals

Vacationer's/Tenant's Benefits - same as in a hotel plus more:

- Access to all common areas of a luxury house (living and dining room, kitchen, laundry, patio)

- Beautifully landscaped lot

- Wi-Fi

- Morning coffee

- Pool

- Free parking

- Community of the like-minded people

- Activities of your choice

- Additional services on request (personal cook, trips, transfers, etc.)

About Me: