All Forum Posts by: Vanessa Dueñas

@Jeremy H. it all depends what you're looking for in terms of investments.  I agree with @Nerlande Joseph and appreciation but it depends on the project, as well. I would make sure that the units in the projects are somewhat unique, not with similar floor plans throughout all the building and I know who is in the developing team.  Areas like Aventura, Brickell, Miami Beach, Downtown Miami are hot areas for developers and many projects are being sold out before shovels even hit the ground. 

It comes down to what you intend to do with your investment. Some projects are strictly setting "renting rules", so if you're thinking of short term rental, luxury condos might be limited. Buy and hold would be a good strategy for luxury condos. 

@Nerlande Joseph let me know if you would like me to look at what the CMA's are for your property and find out if its a good option for you to sell.

I'm no longer shocked when someone tells me they "didn't know" they had a septic system. Usually people find out the hard way, there's poop everywhere, water isn't going down, can't shower, etc. I've also heard of people say that they pay for sewer, so they didn't know they had septic. Just because you pay sewer doesn't mean that you're connected to the sewer. But this mostly applies to houses built years ago. 

Here's how the septic system works: Water used goes out to the septic tank (Kitchen, laundry, toilets, shower, bath, sink), solids remain at the bottom of the tank and then black water goes out to the Drainfield.

To keep a healthy drainfield, I recommend servicing the septic tank every 3-5 years, if it's a SFH, and, 1 to 2 years if its multi family.

If your Drainfield is no longer working properly it could be a couple of reasons, some are fixable easily (not effortless), and others will cost you a bit more. 

Here are some basic scenarios of when the drainfield goes to **** (pun intended): 

1-  you have a hole after your septic into the Drainfield. This could be a reconnect issue. Easy, but labor intensive. Open the outlet, find where the disconnect is, repair it, done. 

2- The area where the Drainfield is completely saturated. You're screwed, you need to whole new Drainfield. 

3- There's a rug, boat, trailer, anything heavy or creating shade on the drainfield. The sun helps the drainfield dry up and if you're putting things over it, it can cause it to stay wet and not longer absorb water. And/or you put something heavy over it you can cause the drainfield to collapse. 

4- You flush wipes (even the flushable ones) and because those don't sink they float into the drain field, and,  again you're screwed, you'll have to replace the drainfield. 

There's obviously other ridiculous reasons why a drain field will stop working, but if you maintain good septic habits you should be able to preserve the life of your drain field.

Make sure to inform your tenants about what they can flush down the toilet, and that the sink isn't a garbage can. Try to keep a strainer in all water outlets. 

If you have any questions let me know, there isn't a ****** question I haven't  answered yet! 

-V

There's no doubt South Florida continues to be a hot market. The demand to move to a place with great weather (if you enjoy sweat down your face ), a lot of business opportunities, great hospitality and amazing food.  

There are great opportunities in pre-construction that you can save up to 30% of the finished product, and preference. The primary benefit of investing in preconstruction condo projects is that it offers the purchaser the ability to leverage a large asset with a relatively small amount of money (typically 10 to 20%) and enjoy the real estate appreciation of the property over time without the carrying costs, such as interest and taxes.

Choosing the right neighborhood and project comes down to lifestyle and budget. Each neighborhood and condo building has its benefits. 

Here are a few of my favorite projects:

Aria Reserve & Bentley Residence