Miami Real Estate Investing

What does Miami real estate investing really means? If you are going to ask this to different people, you could obtain different answers as well.

Indeed, if you ask this question to real estate investors, they know what does it really means. But to other people, they would answer differently with this certain question.

The only one thing for sure in this question is that it involves Miami real estate. Maybe, now you are wondering what I mean by that.

If you ask a certain person, what is Miami real estate investing, he or she can say that it is buying and selling a property. Usually, they buy a property with low amount and sell it at a high amount. In this kind of investing, the property will not be kept for a long period of time but instead the buying and selling process comes quickly.

Then if you ask another person this question, it may mean buying and holding to them. This type of investing is that the owner is willing to manage tenants and collect rents. And the words maintenance and upkeep are not problem to them. Actually, this is how they find Miami real estate investing really is.

What is Miami real estate investing to other person would mean having a commercial property such as hotels, office buildings, and malls. This type of investing requires high risks, great skills and abilities but it is a highly rewarding type of investment.

To other may mean rehabbing and repairing. Another type of real estate investing is that one buy an old property and uses its skills and abilities to turn it to a good one. In this way of investing, involves making an excellent thing form nothing. And this type of investing is appropriate to investors who have construction experience or project management skills.

And there are some people who answer the question of what is Miami real estate investing by not buying any property at all. For them Miami real estate investing, involve partnerships, trusts, and possibly even the sale of notes, mortgages, and other financial instruments.

Investing in Miami real estate is wide, there are too many answers and too many options in answering the question, What does Miami real estate investing really means?, to a lot of people and individual investors out there.

Yes, indeed, there are heaps of ways in investing to Miami real estate. There are a lot of options to choose from.

Now, having all these options and ways, all you have to do is research. Researching is very important in investing, know all the valuable details, and then learn the strategies. And as soon as you have research, possess valuable information and have learned the strategies, then you finally decide which strategies will fit you.

Better to determine which strategies that will fit you, by knowing the skills and abilities you have. Since in investing, it requires some important skills and abilities in order to be successful in that investment you are doing.

So if you are into Miami real estate investing, start researching, learn the strategies and obtain the necessary information about Miami real estate.

Ten Characteristics of Successful Real Estate Investors

In my years in the foreclosure and real estate business, I bet I’ve met over 1,500 investors. These people have been at all levels of knowledge and experience. Some have become amazingly successful, while others have lost steam or experienced drastic failure. I watched people who are successful and I’ve noticed that there are certain characteristics that come with real estate investing success.

Before I outline the specific characteristics that I’ve found in successful investors, let me define what I mean by “successful investor”. A successful investor is NOT the person who owns the most properties or does the most deals, or who has the most zeros in his net worth. A successful investor is simply a person who knows what he wants – financially, personally, and in terms of what he wants to contribute to the world – and uses real estate investing as a way to get those things. For a successful real estate investor, real estate is a means to an end, not an end unto itself. A successful real estate investor works to become as financially secure as is necessary for his peace of mind and who is happy and comfortable with his investment activities.

Successful investors I’ve known include high school dropouts and PhDs, men and women of all races and backgrounds, people born into poverty and people born with trust funds, guys who started investing at 18 and those who started in their 70’s, part-timers and full timers. There is no single trait that will predict success, but there are traits that I’ve found that all successful investor have in common. Here are a few:

1. Successful investors have a plan – and work it.

It’s pretty easy to work pen & paper and figure out how to become financially independent in 2 or five or ten years. It’s another thing to wake up each morning and do the things you need to do to get that done. Somehow, your real life always seems to get in the way of your long-term goals. Successful investors battle this dilemma to get caught up “in the thick of things” by creating not just a list of goals, but a daily plan for getting there. Every day Lisa and I start with a checklist of things we need to get done that day, but also things we want to get done. Some examples will include marketing, getting letters out, or meeting sellers. What it doesn’t include is swinging a hammer.

Plans are fluid, they are always changing. Just because I plan to do something does not mean I must accomplish that task. I must sometimes alter a plan to meet a new timeline or move its priority up or down on my list because of a new crisis.

The point is that it all starts with a written daily plan that leads me to the end result. My Daily Plan typically starts at 4:30 am and terminates at 8:00 p.m. 6 days per week. Of course there are days I start later and quit earlier, but that is a “normal” day for me.

2. Successful investors network.

Real estate investing must be the only profession in the country that has no accepted curriculum of formal training. Electricians have to be licensed, Realtors have to pass a test, Attorneys have to pass the BAR exam and so many other examples exist. Since your success as a real estate entrepreneur relies SOLEY on your ability to get reliable and practical information & advice when you need it, & since the local community college doesn’t teach you how to evict a non-paying tenant, the only answer is for you to find a mentor who can teach you the ropes from their learning from the school of hard knocks. The “been there done that” school can surely help you keep from skinning your own knees. As Ron Legrand would say, “Been to that seminar”. We are currently evicting a tenant buyer who gave us a $34,000 non-refundable option deposit. Our network brought us the attorney who is doing the eviction. Sure we have an attorney or two that can do the standard eviction. But with such a large non-refundable option deposit and a few other twists in the case, they were a little gun shy. The attorney handling the case now, is so assertive, that one of the plaintiff’s is having a difficult time finding an attorney to take his case. And that all came from networking!

Choose a mentor who is knowledgeable, motivating, accessible, and is known for high ethical and business standards. Don’t abuse the mentor you choose by constantly asking for information that you could get from a simple trip to the internet. And don’t forget to thank your mentor by taking him to lunch, giving him gift certificates to his favorite restaurant, and, of course, letting him in on good leads when you find them.

One of my personal mentors is in Upstate NY. We are in regular communication, we try to talk weekly. Sometimes there is a question I may have, but sometimes it is just a quick hello. On occasion I get a lead that is in his back yard. Don’t get me wrong I am not marketing in any way in his neighborhood much less his state! Even if I was located there, I wouldn’t market in his farm area. That just seems wrong in some way. So when a lead pops up in NY, I pass it on to him.

3. Successful Investors Cull Their Herds.

When I was a teenager, I spent time at a family friend’s farm in Wisconsin. Part of his business was the raising of hogs. The hogs were always giving birth, sometimes several times a week. The farmer killed the weak, undersized, and deformed piglets before they had a chance to grow up. I was horrified!

Most real estate investors look at selling their “dud” properties with the same horror with which I view the culling the herd of pigs. They will keep a property year after year despite that it loses money, doesn’t fit the business’s goals, is a management hassle or is in an area that has become a warzone. Successful investors review their portfolios at least once a year, and get rid of their loser properties before they can damage the profits from their winners.

Late last year I bought a condo and a 3 unit building from another investor, who is also Realtor and a Banker. He wrote us a nice healthy check to take over his properties “subject to”. I hated those properties. The tenants in the 3 unit were worthless. They had (I imagine still do) an attitude of entitlement. They were owed by society a place to live, yet didn’t feel that paying me was a priority. It took about 2 months of that attitude to wear on me. Sometimes tenants think they can steal your property and hold it hostage and get away with it for free! We got rid of those properties pretty fast. Dump the dogs. I have children to give me grey hair; I don’t want my properties to do it to me. You will buy properties you wish you never would have (everyone I know has), just recognize them, dump them (maybe for a loss), move on, and stop crying over spilled milk. As Ron Legrand says… Go milk another cow.

4. Successful Investors Protect Their Assets.

What’s the use of building a huge real estate portfolio if a single lawsuit could wipe it all out? Why bother to achieve financial independence if the bulk of your estate will end up in the hands of the government when you pass on? And why is it that the average real estate investor does absolutely nothing to reduce their #1 yearly expenses – taxes?

If you chose to make investing a career, you will be sued one day. It is not something I look forward to, but it is a reality. Even if you enter into an arrangement with perfect intentions and honorable heart, someone will view you in their sights as a payday. You don’t even have to do anything wrong to be sued! Arranging your affairs to protect your assets from creditors, plaintiffs, and the taxman is tedious, expensive, complicated, and time consuming. Yet every successful real estate investor takes the time and spends the money to do it, thus assuring that their hard-earned money stay theirs and not the victim of a law suit.

5. Successful investors have a code of ethics.

We tend to think of our investments in terms of properties and cash. In fact, the real estate business is about PEOPLE and RELATIONSHIPS. Without sellers, renters, contractors, agents, brokers and so many others, I would not have a real estate business. And since your business affects so many other people, I think it’s important to decide how you are going to treat the people you come into contact with each day.

I read an article recently about Donald Trump. When he was introduced to the article’s author, the first thing he did was compliment the author on something about his clothing. It made the author feels good about himself. Later on when the author saw Mr. Trump rip a contractor who was trying to unjustifiably raise his price, he saw both sides of Mr. Trump, the sweet and the bitter.

Since there is no formal code of ethics for real estate investors, it’s up to each of us to decide how we’ll behave toward customers, tenants, sellers, workers etc. Instead of using as a measure, “what can I get away with?”, or “what allows me to sleep at night?”, perhaps the proper question is, “what’s FAIR?”. Take the time to think about your activities and how they affect people that you come into contact with.

6. Successful Investors Involve Their Families.

I have not yet met a truly successful investor who did not have the support of his (or her) significant other. Because your real estate activities generally involve spending (or promising to pay) tens of thousands of dollars at a time, and since your business will take time away from your family, I think it’s critical to sit down with everyone who’s old enough to understand and explain what you’re doing, and why, and that you’d really like to have their help or at least their understanding.

If you have a spouse who’s reluctant to support you, try sending him or her to a beginner’s seminar. Some of their natural fears may be conquered by an understanding of what you’re attempting to do.

7. Successful Investors Treat Everyone Better than They Expect to Be Treated.

What goes around comes around. If you think that your reputation as a buyer or landlord doesn’t precede you, think again. When you go the extra mile to solve people’s problems, both profit and success will follow.

This week we received a caller from a seller. She was referred to us by a realtor whom I never heard of nor dealt with. How the realtor came up with my name, I have no idea. She told the seller, (her sister-in-law) that she heard we can do deals that others can’t. I didn’t buy the house, it is still listed on the MLS, but she and I will be in contact over time. When that listing expires, I will work the deal out so everyone wins. And when that happens, I will send the Realtor a nice gift certificate so she can take her husband out for a nice meal. I think she will remember us, don’t you?

Some of my best tenant buyers come from my current buyers. And I have had more than 1 seller refer a friend to us. That is the best marketing I can get from anyone. No amount of money can replace that type of marketing.

8. Successful Investors Stay Educated.

Since I began investing in real estate full time, Illinois has passed disclosures for people in foreclosure. There are other laws that exist: the federal government makes lead-based paint disclosures mandatory and expensive to ignore. Congress has rules for capital gains taxes. HIV-positive people have become a “protected class” in terms of fair housing. One city has ordinances that dictate what months that you cannot evict people who steal your property. Mortgage money for high-risk borrowers has become harder to get. The Fair Credit Reporting Act has been revised to include landlords. Things change. Your business may be affected. Stay on top of it and meld yourself.

9. Successful Investors Find The Money Before They Need it.

Imagine this scenario. You found a deal of a lifetime. A property worth 650,000.00 in great shape comes across your desk. It needs just a quick clean job and the grass to be cut. The seller is moving to another state to be with the spouse’s mom, who is going through some health issues. They are going….PERIOD, or the spouse made it clear that their future together would be quickly shortened by their lawyer. They only owe 300,000.00 and just need 50,000 to get moved and settled in. But they want the loan out of their name and they need the cash. Well, a subject to deal is not going to work now will it?

Find your private money NOW! Find your hard MONEY now. It isn’t cheap; you will pay for it, but line it up ahead of time! A normal hard money loan will cost you a nice bit of change. 12-15% is normal, along with 5 points up front. SO WHAT!

Let’s break down that deal.

-ARV; 650,000 Cash needed 350,000 = 54% LTV

-15% Principle & Interest on the 350K is 4370.92 per month.

-Let’s say it takes you 4 months to sell it for 15% off at 552,500. The total paid on the P.I. is 17,483.76. The hard money lender also charged you 5 points on the loan, which totals 17,500. So your total cost to borrow 350k is 34,983.76.

-You sold it for 552,550 – 350,000 loan = 202,500.00

-202,500 – 34,983.76 for the cost of the money = 167,516.24 PROFIT

You didn’t want to use hard money because it costs too much? Someone explain that to me.

10. Successful Investors Pass On What They’ve Learned.

Just as successful investors have mentors, successful investors become mentors. By passing on their knowledge to novices, they keep our industry alive, give others at chance a financial independence, and get a wonderful sense of their own accomplishments. Now that’s what I call success.

Secret of DPBoss Network’s Success in Online Matka Business

It’s a popular online gambling game that involves picking the right number to win a jackpot. If you’re looking for an exciting way to make money, DPBoss Network is the perfect place to start your journey.

For decades, DPBoss has been dominating the world of online Matka gambling and continues to remain one of the leading providers in this arena today. But what is it that makes this company so successful? In this article, we’ll take an in-depth look into their winning formula.

From their unique security features and wide variety of games to their excellent customer service and reliable payment systems, DPBoss has everything that a player needs to have a great gaming experience. We’ll dig deep into each of these elements and discover how they combine to ensure a safe and profitable gaming experience for everyone involved.

The Rise of DPBoss Network in India’s Matka Market:

In the world of online Matka, few names have been as consistently successful as the DPBoss Network. From its humble beginnings in 2012, DPBoss has grown to become India’s leading Matka site, dominating the market with its intuitive user interface and diverse selection of games.

What makes the DPBoss Network stand out? To start off, it offers a variety of features that make playing Matka easy and fun. This includes detailed results backed by powerful algorithms, efficient customer service teams and 24/7 support for all users. Furthermore, DPBoss offers several exciting bonuses and promotions to give players extra value each time they visit.

These features also extend to their mobile app—a unique feature in India’s online Matka industry. The app is designed to be user-friendly, providing a sleek interface optimized for both Android and iOS devices. It also supports multiple payment options for added convenience.

Overall, DPBoss’ success lies in their ability to provide an enjoyable experience that keeps customers coming back for more. With years of solid development and vast experience in the online Matka business, it’s no wonder why DPBoss continues to be a leader in this industry.

How DPBoss Revolutionized the Matka Gambling Industry:

The growth of the DPBoss Network in the online matka industry is nothing short of extraordinary. How did this company revolutionize one of India’s oldest gambling games? Through their innovative approach to the game, they have been able to provide players with an enhanced gaming experience that is both convenient and secure.

To begin with, DPBoss Network has introduced revolutionary features such as a secure payment gateway for depositing and withdrawing money, a ‘Live Play’ feature that allows players to play from anywhere in India, as well as an extensive customer support team available 24/7. They also offer an array of innovative bonuses, promotions and other rewards that can be unlocked through playing their exciting games.

Moreover, the company has developed a comprehensive system to monitor its online gaming environment, which ensures that all players have a fair chance to win at the game. Their security policies are strict and detailed – all data is stored securely on cloud-based servers and encrypted according to the most advanced industry standards such as PCI DSS (Payment Card Industry Data Security Standard).

It’s no wonder that DPBoss Network has established itself as one of the premier providers of online matka platforms in India – through their cutting-edge innovations, they have revolutionized the gaming experience for millions of enthusiasts around the country.

The Technology behind DPBoss Network’s Success:

The technology behind DPBoss Network’s success in the online Matka business is something of a secret recipe. It combines cutting-edge software with experience and expertise to offer the best possible product.

To understand what makes DPBoss Network so successful, let’s take a look at the technology involved:

Artificial Intelligence and Machine Learning:

DPBoss Network uses AI and machine learning to gain insights from data and make predictions about future outcomes. This allows them to optimize their operations and provide customers with the most up-to-date online Matka experiences possible.

Data Analytics:

Data analytics is key to understanding customer preferences and trends in the online Matka market. DPBoss Network collects data from multiple sources, including customer feedback, social media, and search engine keywords, etc., and then uses it to inform their strategies. This helps them stay ahead of the competition, offering customers the most relevant information they need to make smart decisions when playing Matka online.

User Experience Design:

The user experience design of DPBoss Network’s website has been carefully crafted over years of testing and iteration. Every step of their process has been optimized for maximum efficiency, resulting in a seamless user experience that customers can rely on time after time.

How to Play Matka on DPBoss Network:

Playing matka on the DPBoss Network is surprisingly easy and intuitive. The step-by-step process to get started takes less than five minutes and is ideal for any level of player.

Here’s how you can start playing:

First, Create an Account:

Creating a new account is the first step and you’ll need to provide your full name, email address, mobile number, date of birth and other necessary details.

Second, Make a Deposit:

Once your account is set up, you’ll need to make a deposit before you can play. You can use any of the payment methods available on the DPBoss Network such as credit/debit card, net banking or UPI payments. All deposits show up in your account balance immediately after payment is processed.

Finally Play Matka:

You’re now ready to have fun and win money with matka! You can play the classic Kalyan or Rajdhani matka games with various types of bets or try your luck at Satta Matka No 1—the fastest growing game on the DPBoss Network!

Playing matka on the DPBoss Network gives players access to unmatched features including lightning-fast withdrawals in less than 15 minutes at any time of day, multiple payment options and 24/7 customer support. With this unbeatable combination of features and convenience, it’s no wonder that so many players turn to DPBoss Network every day!

DPBoss Network’s Lucrative Matka Schemes and Offers:

If you’re wondering why DPBoss Network is the number one online Matka business, part of the answer must be its lucrative schemes and offers. With a range of schemes and bonuses on offer, DPBoss Network keeps its customers coming back for more.

Here are just some of the unique offerings that make DPBoss Network so popular:

  • Welcome Bonus – Get a welcome bonus when you join DPBoss Network, with no minimum deposit required!
  • Referral Program – Refer your friends and earn rewards when they join DPBoss Network!
  • Loyalty Program – Earn points for playing Matka on the network, which can be exchanged for cash or amazing prizes.
  • Jackpot Offerings – Take part in regular jackpot games to grab amazing prizes.

As you can see, there’s something for everyone at DPBoss Network. So don’t wait any longer — join today and start playing Matka to get some great rewards!

The Future of Matka Gambling: Will DPBoss Continue to Dominate?

You may be wondering what the future of matka gambling looks like will DPBoss continue to dominate?

The simple answer is yes. With so many advantages over other matka gambling sites, DPBoss has positioned itself as a leader in the industry, making it a secure and reliable site for gamblers.

Here are just a few reasons why:

  • Their innovative technology and secure algorithms provide an easy-to-use platform for both the casual and serious gambler.
  • They offer 24/7 customer service to address any concerns or questions quickly.
  • They also offer good bonuses and promotions that make playing matka more fun.

It’s clear that DPBoss has an edge in the online gambling industry, so it’s safe to say that they are here to stay and will continue to dominate in years to come.


In conclusion, it’s clear that the DPBoss network has reached stellar heights in the online Matka business by focusing on customer satisfaction and offering an extensive range of services. The company’s success has been built on trust, transparency, and a steadfast commitment to its customers.

DPBoss is setting the bar for customer experience in the online Matka platform and its unbeatable service is the perfect example of what a successful business in this industry should look like. As the market continues to evolve, DPBoss will remain at the forefront, continuing to provide its customers with excellent services and unparalleled experiences.