South Florida's Real Estate Investment, Leasing and Management Authority 

Specializing in:

• Real Estate Investment Acquisitions
• Exclusive Tenant Representation
• Real Estate Portfolio Management
• Property Management
• Property Maintance
• IRS 1031 Starker Exchanges

  Miami (305) 251-5561

Lakeland (863) 709-3027

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Succesful investors know that they make money in real estate when they buy - when they buy low and manage well, the profits are waiting for them. 

Foreclosed homes are the best buys now.  We have been buying and restoring houses for less than 40% of their former values, and leasing for enough to yield over 11%. Residential rental rates have remained strong and are still rising in most of Miami-Dade County.  Prices will stay low until all of the foreclosures are sold off, then should rise quickly to at least the cost of new construction.  We estimate that this will take at least another 24 months. 

There are few bargains in Miami-Dade County commercial properties these days. 

• Too many vacancies in offices and warehouses to support incomes,
• prices never did fall much for multifamil buildings as rentals had stayed strong.

Retail shows signs of recovery, as vacancies are filling at fair rental prices.  

For these reasons, buyers are snapping up the bank-owned home foreclosures within days of their appearance on the market.  Cash is king, as selling banks will seldom risk taking their property off the market for two months while the new lender decides whether or not to commit the purchase funds. 

Income Realty Corporation was founded in 1978 to invest in commercial real estate. Over the years, we have formed many investment groups and worked with dozens of other ownership entities.  We have purchased, repaired and maintained, leased and managed hundreds of properties for varying periods.

We act mainly for investors, but also represent sellers, owners and tenants through all phases of each transaction, as needed. 
 

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