Turning Real Estate Problems Into Opportunities in Florida and California

Some real estate investors, developers, and brokers see sales and market trends that are down and shy away from the impacted area. Others see them as a reason to explore the future potential. A case can be made for either decision. 

 

Meanwhile, some people and teams are in it for "today", while others prefer to look toward the long term when it comes to real estate decisions. Making a transaction based on the exit strategy could mean the "payoff" is years away or months away. Real estate is often a cycle. Right now, there are a lot of questions about Florida and California because of recent major natural disasters. Concerns about rebuilding are heightened because of significant insurance costs and how they are likely to add to a new real estate venture. 

 

However, insurance risks simply can't stay high forever. It may take a few years, but you can't tell us that parts of Southern California and Florida will be abandoned and without rebuilding while insurance companies sit back and do nothing about it. Simply put, there may be opportunities right now that won't be there in a few months or years. 

 

Over the past couple of years, many investors have taken a pass on commercial and residential deals because "rates are too high". Others have taken advantage of those deals knowing that they could refinance when rates finally drop.

 

Right now, there are opportunities to acquire properties and land for rebuild and development in Florida and California that won't be there down the road. Some displaced residents and businesses are still looking for their next property. Opportunities are there for those that know to create them.

 

Research I have done for my valued clients and connection (and myself) allows me to create long-term strategies which benefit investors, developers, and other real estate professionals. For example, I have a "100% Funding on Vertical Construction" Program for residential properties with horizontal in place and using the land as collateral. I have an approved and highly experienced builder ready to participate. I'm aware of land parcels available right now that would be an ideal fit. Some investors know that conditions will change in those states and areas, whether sooner or later, and they could be in great shape when they do.

 

Opportunity is knocking. Let's connect!

 

https://floridapolitics.com/archives/729964-south-florida-home-sales-prove-dismal-in-march/  

No Waiting For Office to Apartment Conversions - If You Know How and Where to Look

Converting unused office space can be a great opportunity for commercial property owners and investors, while providing plenty of work for contractors, brokers, lenders, designers, and other services related to real estate transactions. From what I'm seeing, it appears to make a difference which municipality you are considering for making a conversion happen.

 

Some cities are looking to regulate conversions to the point of helping with grants and tax incentives. Other cities are trying to regulate rental costs or the exact type of build(s) allowed. Stamford CT is an interesting example of what can happen. The city is not offering any grants, tax incentives, or advantages, but several developers are doing conversions anyway. Although the demand appears to be there to support the need for housing over office space, some cities are more concerned with controlling rent than with providing needed housing. 

 

It is likely that municipalities making it more challenging will lose out to others that are making it easy. This situation is another example of how and why research and having the best information can make a huge difference when it comes to real estate.

 

My team and I are here to help you and your team create the best possible opportunities!

https://propmodo.com/how-cities-are-turning-empty-offices-into-housing-and-what-it-really-takes-to-make-it-work/

 

 

Tracking Current and Potential Tenants Is The Lease You Can Do

When it comes to working in real estate, the quest should be to have better information at your fingertips than your competition and people you are negotiating with. Before the numbers work, the concept has to work. 

The article linked below focuses on how the one-time leader among “family” multi-location steak restaurants has lost its lead, and to which establishments it did. Outback is no longer the leader, while Texas Roadhouse has, statistically, taken over. Unfortunately, we have seen this movie before. A leading business starts a decline and in today's business world, does not recover and winds up in bankruptcy. This is not to say that Outback will wind up that way, but plenty of restaurant chains have. 

Whether a real estate developer, broker, contractor, lender, or investor, you want to associate with a leader on the rise whenever possible. Keep track of trends which could impact your bottom line. If I was currently leasing space to Outback, I would start looking for potential “eventual” candidates now and make or continue contacts. If I have space to lease to a restaurant chain, I would consider Texas Roadhouse, or another chain on the “way up”. Years from now, it could mean a lot to your wallet by doing constant research.

 

https://www.cnn.com/2025/03/28/business/outback-steak-texas-roadhouse-longhorn/index.html