Saving for Retirement with Real Estate

Real estate is far too often excused before being given a fair shake by those looking for a supplemental source of retirement income. Yes, there are some down sides to owning rental property, but there can be some significant financial upsides as well, making real estate well worth ones while to at least consider.

for-rent-signOne of the greatest misgivings of real estate as an option for a secondary source of retirement income, is capital cost. Of course, if your means simply cannot accommodate a down payment then investment real estate is probably not an option for you. However, if funds are available to secure a piece of rental property, don’t be so quick to rule this option out without first giving the idea fair consideration. Some of the worries often associated with owning a rental property are deadbeat tenants, property upkeep, and of course the unit being empty between tenants. All these are legitimate concerns but should not be viewed upon as deal breakers without first weighing them against the upside potential of real estate as a supplement to your retirement income.

Depending on the state of the market, the size of the investment and the type of investment property you are able to consider, a rental property can generate anywhere from $200 to $1000 per month or more of additional income. The best time to shop of course is in a depressed market that is ready to turn the corner. That’s not to say a good deal cannot be found in a robust market, you just have to work harder to find them. A depressed market also usually means lower interest rates can be secured on a fixed interest loan. Variable rate loans, although can often be secured at a much lower starting interest rate, are seen to carry too much long term risk.

According to Than Merrill, a real estate educator and owner of Fortunebuilders, “There are many tax benefits that come with owning and building a rental property.  Most rental home expenses are tax deductible and if you save your receipts or document your transactions, …

Lower Manhattan Rises Again from Underground

The original World Trade Center had a fabulous mall underneath that spanned the entire plaza. There were wonderful stores, shops, restaurants and at the entrance, at the bottom of Fulton Street, where visitors would access an escalator that would take them below ground to the wonderful concourse, there was a fabulous “Borders” bookstore where invariably there would be some famous person signing copies of their books. It was a majestic place to be, to shop, to work and to enjoy all that lower Manhattan has to offer.

Nothing says “we are back,” after the dreadful turn-of-events that killed so many and decimated World Trade Center Plaza, then the reopening of the venerated concourse. On August 16, the underground mall reopenedwtc-mall-interior once again, and it appears to be bigger and better than the original. This Westfield Mall is “a beacon of hope”, as so eloquently pointed out by the Chief Operating Officer of Westfield, Bill Hecht, in recent comments he made at the reopening of the concourse.

Westfield, one of the most successful mall operators in this country, manages the mall, and the Ports of Authority of both New York and New Jersey own the property on which the mall sits. Over 100 stores are spread over 360,000 square-feet in this must-see mall that is both architecturally pleasing and capitalistically encouraging. Lower Manhattan needs all the attention it can get after those awful events that stole lives, business, commerce and completely negated the industrious energy that was awash across World Trade Center Plaza since its inception.

New retail entrants to this underground shopping mall are Apple, the massive specialty food store/restaurant, Eataly, as well as Ford Motor Company, which is opening up a new digital showroom called FordHub where buyers can become acquainted with their extensive line of products strictly through technology.

“All you have to look at is the Apple Store and Eataly,” said Peter Lowy, one of the two CEOs of Westfield, who attended the opening. “When you look at that, you should have much higher volumes because you have much different retailers that do very, very …

Visit Miami Design District’s Famous Galleries, Hotels and Spas

The name of the district speaks volumes of what visitors and tourists can expect to experience when they visit one of Miami’s more contemporary districts. Miami Design District’s Famous Galleries Miami Design District is an exquisite place redesigned by Craig Robins that sits at the heart of old and new Miami. It is the center link that holds the two worlds together, and as such has developed into a very important center of commerce, luxury, and art.

Art Galleries at a Glance

Any tourist would be overwhelmed by all of Design District’s 130 art galleries. In this list, we have included the very best of them, the ones that George Clooney, Eva Mendes, and Jennifer Aniston like to walk visit during their vacations.

Top 3 Art Galleries to Visit in Design Miami


If you are ever in the area, the place to be is 3940 N Miami Avenue. Head on over there to see the work of some of today’s local artists. Swampspace is as unique as its name. It’s a charming eclectic place designed for artists and run by artists. If you want to see what makes modern artists tick or what drives them, then this would be a great opportunity for you.

Opera Gallery

If you are more on the refined side of things then you should visit the Opera Gallery at 140NE 39th Street. Here you will be met by some of the most prominent art pieces in the world which include Impressionist collections. If you are well traveled then you might be familiar with other Opera Galleries around the world in places such as France, South Korea, and Hong Kong.

Wynwood Walls

While not quite in the Design District, it is worth checking out the famous Wynwood Walls. The idyllic murals are reminiscent of a forgotten era, a time when more than 30 artists from the world over came to leave their mark on these now famous walls. The address to go to, to see the grand murals is 167 NW 25th Street Miami.

Top 2 Hotspots to Hang Out at In Design Miami

The Ritz-Carlon, South Beach

The …

Increasing home value through curb appeal

When thinking about a home project, step back and ask yourself, “If I were looking to buy a house, would this one appeal to me? If no, why not?” When updating a home, windows and doors are usually on the top of the list. You want doors and windows that are pleasing to look at and yet energy efficient. Make sure to pick out colors that complement the rest of the house.
If your house does not already have a front porch consider adding one. A nice addition to a front porch is a railing. It adds charm and separates the porch from the yard without walling it off. Nice pouch furniture is a simple update yet speaks volumes. It gives the porch a welcoming feeling. Whether you paint your porch or stain it, make sure it is in good repair.
Many people often overlook their gutters when updating their homes. If they are sagging, have trees growing in them or look rusty they can be a big turn off for your house. Quality guttering that is self-cleaning is an added plus to your home.
Your homes’ siding can give a false impression of your house as well. If it needs painted one may wonder if the structure underneath the aluminum siding is still sound. Well you say, “My house is vinyl, or brick.” When was the last time it was pressure washed? The green algae or moss growing on the side of the house does not entice people to look twice.
Landscaping is a nice touch, but don’t go overboard. When deciding on landscaping look at how much maintenance will this plant or group of plants take? Do the colors complement each other and the house? Will they be pretty all year or just a few months? Planting groups of plants together that bloom at different times is helpful so you don’t have a dead looking spot in your yard. Edging and mulching adds a look of class and speaks of a well-groomed yard. Make sure you leave a good balance of grass. Ground covers work well in hard …

Vacation in Buena Vista Miami Florida

Miami has so many great restaurants and places to see in the Buena Vista area. You will fall in love with the look and feel of Miami. You have the option of sitting inside or outside in restaurants, just in case a famous celebrity walks by your table. Most people, who visit the area once, will most definitely visit again.

Buena Vista East Historic Districts is beautiful and is located on the eastern side on the city. This place has heritage that is dated over a century ago. It is completely ageless and tropical. They also offer the friendliest, safest and kind cities in the United States. Plus they sometimes have weekly filming’s of TV shows. Plus you can take a tour to Millionaire’s Row in Miami.

Frequent sightings in Miami for celebrities include famous stars like Shakira, Julio Iglesias, Jennifer Lopez and of course Gloria Estefan, which usually are seen eating in little quant places like BVB (Buena Vista Bistro). Even Craig Robins has been seen eating at his favorite Cuban restaurant in Miami. The thriving community and culture has many celebrities like the Kardashian’s and Madonna strolling along the beautiful and stylish quintessential streets. It attracts so many people that want sun and fun because it really does have everything you want and need on a vacation. Old world charm with some Cuban influences, make this place an amazing one to visit.

The food scene really hits all the right nooks and crannies. Generous portions covered will anything you want. You can eat out for breakfast, lunch or dinner, for days and days, and still never eat in the same restaurant twice. That’s a lot of places to choose from. Plus, every food you eat is authentic to its region and to the area. Oh, Brunch is also very popular and highly recommended. They have the freshest seafood, Cuban sandwiches, and everything in between to satisfy any palate. There is something for everyone in Buena Vista Miami.

So choosing a place for vacation might not be as hard as it may seem. Buena Vista really has everything …