Join @Dave Meyer in this power-packed 60-minute session as he delves into the intricate economic trends and market dynamics shaping the Sunbelt region on 4/25!

Google Travel recently fired the head of the department for not being aggressive enough and is expected to grow its market share over the next few years due to its unlimited funding and access to the world's largest search engineGoogle Travel is also not the only platform that syndicates listings from direct booking sites.Extending Reservations off other platformsIf you've had STR/MTR for any length of time you know it's common for guests to ask to extend off the platform.

Grupo R4 is one of the largest groups from the Yucatan peninsula, they are one of the largest land owners in the area and they developed Aldea Zama along with Inmobilia a while back, they split up and now Inmobilia has Tulum 101 and Zama Desarrollos along with GrupoR4 which is a family company that own Selvazama which is the strip of land from Aldea Zama to the beach where Papaya Playa Project and Azulik are. 

As someone mentioned here: This is likely one of the largest transaction of your life.

That isn't economical for a newbie just starting out, but I would do it if it was absolutely necessary in which I can't decide.

I have done it for some clients and for others sometimes it's not feasible or economical.

NOTE: the largest builder in our state put them under contract for $100K per, then backed out saying there would be too much sitework and tried to get them for $75K each - they sold for average of $122K.7. 150% ROI in 18 months - no sweat...hahUnicorn, but certainly worth the work/trouble.It's just too expensive to build in most cases these days...this is one of my strong conclusions.Thanks for your earlier feedback!

New construction offers a unique blend of potential high returns and control over the investment, making it an attractive option for those looking to diversify their portfolios.The Advantages of New Construction InvestmentCustomization and Control: New construction projects offer investors the chance to tailor properties to meet current market demands, ensuring higher occupancy rates and returns.Energy Efficiency and Sustainability: Modern constructions come with the latest in energy-saving technologies and sustainable materials, appealing to a growing eco-conscious tenant base.Lower Maintenance Costs: With everything brand new, the initial years following a new construction project see significantly lower maintenance costs compared to older properties.Tax Incentives: Many regions offer tax benefits for new construction projects, especially those that meet certain environmental or economic development criteria.How to Approach New Construction InvestmentEmulating Buffett's investment strategy involves careful market research, understanding local real estate dynamics, and potentially partnering with experienced developers.

We may learn about a market's economic variety and its ability to weather downturns by looking at how it did over a previous real estate cycle, which usually lasts a decade or more.

Miami's real estate landscape isn't just about properties; it's about dreams coming true and aspirations reaching new heights.Dollar Volume: Witness the economic powerhouse in action, with the dollar volume soaring by an astonishing 32.0%.