My House The Real Estate Show
My House offers listeners insight to the South Florida real estate investment market.
(PRWEB) February 19, 2004
For several years now, pockets of residential real estate in South Florida have been offering investors hefty returns. Rising appreciation rates have given way to great investment opportunities, and people are clamoring to learn how they too can pave a path to financial freedom through real estate investing. Real estate seminars and boot camps are often standing room only, and local investment clubs have tripled in size over the past several years.
This surge of interest in the real estate market has created saturation in some of more traditional methods of real estate investing. There are hundreds of investors for every one foreclosure, and HUD properties are now being auctioned off above market value instead of thousands of dollars below. The challenge that investors face today is how to find good investment opportunities Â and how to get to them first.
Recognizing this recent shift of supply and demand in the local investment market, real estate finance expert Charles Andrews, and Kendra Todd, licensed RealtorÂ® with ReMax Advantage Plus, decided it was time to share with South Florida a new-school approach to building wealth in real estate. Andrews and Todd teamed up with Clear Channel Station 1230AM WBZT to launch MY HOUSE, South FloridaÂs own real estate investment talk radio show, dedicated to education on preconstruction and condo conversion investments.
MY HOUSE has featured several well respected real estate figures as guests over the past year, including local mogul Frank McKinney, the queen of fixer-uppers Robin Thompson, and New York Times bestselling author of Rich Dad Poor Dad, Robert Kiyosaki. But the real excitement is generated from the exclusive investment opportunities aired on the show.
Listeners crowd the dial from 1 - 2 PM each Sunday to tune in to MY HOUSE, where they learn not only the hows of real estate investing, but also where and when the next project offering will be. ÂWe are excited that we can share our developer contacts with the My House listeners and offer exclusive pre-grand opening buying opportunities, Â says Andrews, who has been investing in the local real estate market for years. ÂWeÂve been generating impressive returns on investment for ourselves and our clients by purchasing properties in the preconstruction stage and gaining equity from developer increases as well as typical market appreciation,Â he confides.
The other trend the show tackles is finding deals in waterfront and golf course condo conversions Â rental communities where the units are individually sold and converted to private ownership. ÂLand lording can be a headache,Â admits Andrews. ÂCondo conversions are a great way to purchase properties below market value with tenants already in place. And with the right financing in place, we can turn a good deal into a cash cow.Â
Each week, listeners are also versed on other topics, including asset protection, tax strategies and financing options. ÂWe provide incredible investment opportunities, but capturing the property is only the first step,Â says Todd. ÂPeople donÂt realize how important the financing aspect of real estate is, or having the right attorneys and accountants on your team,Â she points out.
The radio show is really sideline to the bigger picture Â The My House Team Â a concept that Andrews and Todd have been structuring for some time. The My House Team is a group of about 55 core members that travel from project to project purchasing preconstruction and condo conversion properties. ÂThereÂs something to be said for creating buying power,Â says Todd. ÂIt creates opportunity. Developers take notice and open doors for us. ItÂs a win-win for everyone,Â she says.
The team concept also includes a wrapping of real estate services. Some of the members are also builders, real estate attorneys, accountants and property managers, who offer other members their services at discounted rates. ÂThe My House Team has experienced great success, because the entire process is smooth from beginning to end,Â says Andrews. ÂAnd with the radio show, we can reach out to new investors, offering them the chance to share in the fun and successes weÂre enjoying from the real estate market right now,Â he concludes.
To learn more about the MY HOUSE concept, visit www. myhouseRE. com or call (561) 929-HOME.