Baseball, apple pie, and homeownership – these have traditionally been the three pillars of the American way of life or at least the accepted image of America. But times are in fact a-changing. Homeownership rates have seen a decline in recent years, and more of the market has been taken over by rentals. “Single-family rentals,” … Continued

Apartment buildings present some unique challenges when it comes to selling. It involves a different process than selling a house does, and that means certain steps become more important. In fact, it can be a very intimidating and overwhelming undertaking for those with little experience in this area. Here, then, are a few of the best ways … Continued

Buying and selling multi-family properties is considerably more complex than dealing with single-family homes. And that’s mostly because, typically, it involves a lot more people – the many tenants in the multi-family property. Add to that the financing and ROI challenges, and you can see that investing in multi-family properties is no small undertaking. To … Continued

Multi-family properties are great investments that have multiple tenants ensuring you are able to build equity in the property quickly and efficiently. But as with every niche in real estate, there are times to buy, times to hold and times to sell a property. Here are signs it is time to sell your multi-family property … Continued

Ready to up your real estate investment game? Don’t do it alone. Get a reputable and experienced commercial real estate agent to work the deal for you. If you are wondering how to find one, here are five signs of a great commercial real estate agent in Fort Lauderdale. Do your due diligence on an … Continued

The purchase contract is an essential part of a real estate transaction because it lays out all the pertinent details such as price and terms. In fact, in a well drawn-up purchase contract, every element of the transaction is addressed, from earnest money requirements to well disclosures. The purpose of such a contract is to … Continued

Over the last few years, generating additional personal income through individual or a handful of rental properties has become very popular. Investors from all over the world are coming to South Florida to take advantage of the strong tourism industry. Given our climate and proximity to the ocean, this area is a tourist hot spot … Continued

Getting ready to buy real estate? Then you know that you’re going to have to pool money together to pay for the down payment. But with rent, car payments, food, utilities, saving for the kids’ college tuition, and a little entertainment now and then, saving for that larger down payment certainly seems far easier said … Continued

What’s up everyone? So I’m excited to show you this project in Victoria Park, this one bedroom apartment. We’ve just completed it. It’s already on the market. We’re already getting showings, but here’s the final installment of the video series showing the project. We’re just going to show you a bunch of before and after shots, walk you through the project.

Real estate investing can make you a bunch of money, as many millionaires can attest. And while it has more risk than, say, investing in stocks, there’s also the potential for a much greater return on your investment – if you know what you are doing. Right now, though, prices are going up in many … Continued

What’s up everyone. Chris Kennedy here with Mayfair Real Estate, and I’m here in our Victoria Park Project. This is project update number one. We’ve now started work in the apartment. As you can see right here beside me, we’ve got a pile of demolition debris and we’ve actually made some good progress already one week into the project. And I’m going to take you through the updates, show you what we’ve done and where we’re headed.

For first-time home sellers, the closing process may seem both overwhelming and intimidating. There are in fact a bunch of steps in the process, along with no small amount of financial and legal intricacies – all of which is made more confusing by the industry jargon. But if you know what to expect ahead of … Continued

What’s up everyone? Chris Kennedy here with Mayfair Real Estate in front of our Miami beach project that we took over a couple of months ago. It’s 30 units spread across three contiguous buildings, and we are here for another project update.

What’s up everyone. Chris Kennedy here with Mayfair Real Estate, and I’m here in our Victoria Park Project. This is project update number one. We’ve now started work in the apartment. As you can see right here beside me, we’ve got a pile of demolition debris and we’ve actually made some good progress already one week into the project. And I’m going to take you through the updates, show you what we’ve done and where we’re headed.

What’s up, everyone? Chris Kennedy here with Mayfair Real Estate, and I’m on site at a building in the Miami Beach Area that one of our clients just picked up. It is definitely an older building, a lot of deferred maintenance, it’s going to be a big project. It’s 28 units in total, but we’re super excited, because this is going to be an awesome project, and we’re going to walk you through every step of the way, show you what we’re doing to renovate this, turn it around, drive up the rents, and create a ton of value for our clients.

Rates for home ownership have been falling for almost the past decade. And that means a lot more people are renting, so it’s getting harder to find good rental properties. Especially here in South Florida, it’s become increasingly difficult to find a rental. With the influx of renters from all over the country, units are … Continued

What’s up folks, Chris Kennedy here with Mayfair Real Estate and Mayfair Property Managements here in Fort Lauderdale, Florida. And this is a second video in a two-part series that I’m doing on things that you can do to increase the revenue at your multi-family apartment building.

Obviously, the process of selling a multi-family property is quite a bit more complex than that for selling a single-family home – and usually for the obvious reason that a lot more people are involved. In addition, sellers of multi-family property have to follow certain rules and regulations in order to be legally compliant. Above … Continued

What’s up everyone, Chris Kennedy here, again with another video. And in today’s video, what I’m going to talk to you about is how to become a go-to buyer in your market. So, as we all know, we’re dealing with a super strong sellers market right now, here it is 2021, tons of cash in the market, especially here in South Florida, but all over the United States, the market is kind of crazy. It’s hard to find the deals, when you do find them, it’s hard to get your offers accepted.

What’s up, everyone? Here we are at our duplex project. If you want to check out the first video in the series, you can take a look up here at the link. But here we are outside, we just got our first vacant unit here. The property was fully occupied when we took over and here we have our first vacancy. So we’re going to walk inside, take a look at it, check it out, and walk you through the plan.

Chris Kennedy here with Mayfair Real Estate in Fort Lauderdale, Florida. And in this video, I’m going to show you how to make a realistic estimate for the repairs and maintenance line item on your proformas or your income statement before you purchase a multi-family property here in the Fort Lauderdale or South Florida market. So stay tuned.

Chris Kennedy here with Mayfair Real Estate and Mayfair Property Management. Have you ever felt you or your business drifting without knowing where to go next? In this video, I’m going to share with you a little bit of a breakthrough that I’ve had in the past couple of months and it comes from a couple of things that happened. Join us on this video!

There are several different types of investors in private real estate, ranging from commercial investors to accidental investors. Commercial real estate investors purchase thousands of units all over the country, whereas accidental owners initially purchased property to occupy but ended up moving for work/family.

If you’ve just entered into the Real Estate industry, you know it is a business that has almost unlimited potential. You can do extraordinarily well. And if you work at it, you can be very, very successful. However, there are huge mistakes new agents normally make and Chris Kennedy is here to share his experience with you so that you can avoid these mistakes.

Hey, what’s up, folks? Chris Kennedy here with Mayfair Real Estate and Mayfair Property Management located in Fort Lauderdale, Florida. In this video, what I’m going to do is show you three line items that are commonly overlooked by investors when they are comparing deals.

All right. So here we are in this one bedroom apartment and as you can tell, I am sweating because we’ve no power and no air conditioning. So let’s talk about air conditioning. Because we’ve got a one bedroom apartment, we’ve got a few options when it comes to upgrading the air conditioning or replacing it. Really, there are three options for air conditioning in any property, but first is what we’ve got here, wall unit air conditioning, probably the least desirable from the point of view of the resident at the property, but it can have some benefits for the owner of the property.

In this video, you will see Chris Kennedy with Mayfair Real Estate in our Miami beach project showing very important things you can do to improve your kitchen. Join us on this new project!

Circuits? Breakers? Current? Don’t worry! Chris Kennedy will explain the things you need to know about electric panels on site from one of our projects.

If you own or are thinking about investing in a multi-family apartment building, this is the right video for you! Chris Kennedy with Mayfair Real Estate and Mayfair Property Management in Fort Lauderdale, Florida will show you some of the best exterior upgrades (cost-effective ways) you can make to your property to help you to increase your top-line revenue as soon as possible.

Chris Kennedy with Mayfair Real Estate in Fort Lauderdale, Florida will show you a deal we took down recently. It is a property in pretty rough shape, but with a lot of potential. It will help you to have an idea about the type of deals you might get in order to get a very reliable source of income.

Chris Kennedy here with Mayfair Real Estate–I’m going to walk you through some things that you can do to ensure a successful sale once you’ve decided that you’re going to sell a property as well as tactics you can use to make sure that when you do decide to sell that property, you’re getting the maximum value for it and you’re ensuring that whoever is telling you they’re going to purchase that property id actually going to close and maximize the chances that that offer will close.

So this is something that a lot of owners fear, especially if you have owned an apartment building for a good number of years, and you realize that your tenants are paying under market rent. Now, there are a couple of reasons that the rent might be too low. Number one might simply be that the condition of the apartments is less good than newer competing apartments for rent. So your prices are lower because your apartments don’t offer the same quality of finishes, the same amenities, et cetera, as a competitor.

In this video, I’m going to show you five things that you can do to maximize the value of your multi-family apartment building before you put it on the market.

If you’re an investor looking to pick up multifamily apartment buildings in our market here in Fort Lauderdale, Broward County, Florida, then you probably are going to work with some sort of broker or agent to help you buy the property and it’s important that you make the right choice. There are a lot of options out there. In this quick summary, I’m going to give you a few reasons that you might consider working with me and my team.

Christopher Kennedy, the principal Broker and Founder of Mayfair Property Management and Mayfair Real Estate has been in the market helping investors to buy and sell multi-family apartment buildings in South Florida for the past 12 years and on this video, he explains the ways Mayfair can help you sell your multifamily property for the top price.

Chris Kennedy jumped into the real estate business in 2012 while running his other business full-time which helped him pay the bills and he will share with you his single biggest struggle or obstacle faced in his real estate career and how he overcame it.

In this video, Christopher Kennedy, our principal Real Estate Broker shows that sometimes it’s much better to reinvest in property that you already own, rather than going out and looking for a new property to purchase.

In this second part, Chris will give you a lot of very important information if maybe you own a couple of properties and you’re looking to grow your portfolio, get into a bigger property, more units. So, this is how things could be seen on the big picture level using return of equity.

In this video, you will be able to identify the reasons why it’s not always the smart investment to put your money into a building that you own and crank up the rents.

In this first video, our principal Real Estate Broker, Chris Kennedy will show you about a measure of investment performance that a lot of investors completely overlook, or just do not put enough importance on. And that is called return on equity.

In this video, I’m going to show you three line items that are commonly overlooked by investors when they are comparing deals. So three line items that eat into your profit on apartment buildings, multi-family investments, that a lot of investors overlook when they’re underwriting deals. We’re going to get right into it.

Chris Kennedy, Real Estate Broker at Mayfair Property Management and Mayfair Real Estate shows eight things that you can do as an investor to increase your chances of getting an offer accepted on your next piece of real estate even in this super competitive sellers’ market in South Florida; and across most of the United States.

The moment that you’ve been waiting for has finally arrived; a job offer. Finding work during the last year has been a challenging task, considering everything that’s going on with the world, so this is a massive moment for you. There’s only one thing that stands in the way of you and your new position. … Continued

If you’re a real estate investor and not sure what a 1031 Tax Exchange is, this article may very well be worth its weight in gold. A few weeks back, we wrote an article about the conditions of the market, and how we’re seeing unprecedented levels of demand.

2020 pulled out all of the stops, at least as far as surprises. Between the first pandemic in over a century and its effects on the housing market – such as lowered interest rates, an unprecedented demand for housing, and millions of Americans relocating. That begs the question; where does the rental market land between … Continued

The real estate market, unlike some other investment assets, acts in cycles. While the stock market has been notably unpredictable, the real estate market has historically been a bit more formulaic — it switches between sellers and buyers markets.

Millions of people across the country have been forced to reconsider the size of their homes, their finances, and their well-being. The US Census Bureau states 3.4% of the workforce was working remotely before 2020. According to the Stanford Institute for Economic Policy Research (SIEPR), a whopping 42% of the labor force in the US is now working from home.

About Hollywood Florida If you’re looking to buy apartment buildings in Hollywood, Florida, then this article is for you. I’m going to go over just a few things that I would tell any investors that are looking at Hollywood, Florida as an investment market. There are obviously good things and bad things about Hollywood that … Continued

Okay, so let’s talk about some neighborhoods where you can pick up good multifamily apartment buildings in and around Fort Lauderdale. It’s becoming more and more difficult to get good cash flowing apartment buildings in the heart of Fort Lauderdale and surrounding neighborhoods, but there are some neighborhoods where there’s still good opportunity depending on … Continued

If you’re thinking about buying a house in Fort Lauderdale, and if you’re going to buy one with the help of an agent, make sure you get the service you need. Read this blog post for information about buying a house? Demand these 3 things from your agent in Fort Lauderdale… If you’re planning to … Continued

Are you thinking about selling your Fort Lauderdale house with the help of an agent? There are so many agents out there that it’s hard to know which one’s the right one. That’s why we’re sharing this blog post about how to find the right real estate agent that fits your needs in Fort Lauderdale. … Continued

Are you working with a local Fort Lauderdale agent to sell your house? Or maybe you’re thinking about it? If so, we’ve collected the top 4 things you need to expect when selling with an agent — to help you navigate this process easily! There are many ways to sell your house and many people … Continued