Hi Account Closed,Purchasing a pre-construction condo in Miami for the purpose of short-term rentals (STR) is a lucrative one given Miami's unique position in the global real estate market.

I have been a global business developer in the world of construction equipment for the first half of my life's career and have watched Kubota take over the global excavator market country by country since the 90s against a field of 30+ competing brands by offering a product that costs 5% less, has a slightly better initial quality and about similar performance.

I tend to think that low interest rates globally and the "chase for yield" are largely responsible for the price appreciation and low cap rates we see today.  

Globally, not just domestically, it's how some folks are looking at investing with size(institutionally).

Absent massive government intervention, normal innovation and globalism keep inflation low (i.e., the 40 years prior to 2022).

I owned a place in Daytona Beach prior and that did well for 2 years and then the bottom totally fell out of the (global) market. 

First, I would echo what Ty said with the emphasis that the call you received was likely a skeezy lender just trying to get you on the phone, find out what your interest rate is, etc, and try to beat it.

And there are some theories of this being the emphasis, create a real hard landing and then go back to low fed funds for another 5-7 years to get it out of it and continue the wealth accumulation and separation.

Hi Akhtar,This is Michael from Coldwell Banker UAE, American Company with global presence.Saw you are currently in Dubai, would love to connect with you so we can meet and discuss about what current investors do so you would be well prepared for this industry!

Hey David,Selling a rental property in Hawaii while residing in Japan can indeed attract Japanese capital gains tax, as Japan taxes global income of its residents.