Thread: The State of Miami Real Estate presented by Miami Real Estate Specialist Alex Shay

Duplicate self-promotional "puffery" content placed on many forums may get you an accidental visitor or two, but... this isn't the kind of stuff that your IEC (Internet Empowered Consumer) is looking for.

IEC is Mike Russer's term.

If you post something truly informative in the right place, that is better. Forums are for talking to one another genuinely about stuff, not about puffing yourself up with a public relations piece.

Keep in mind though, "Free advice is worth exactly what you paid for it."

hay alex i have no problem with you posting here i think you are very expierenced and know what you are saying and listen i understand why you try to sell natrually you want money well i know of a way that you can make a double sided income on every deal you do without working any harder in fact even less it involves no selling or phone calls etc and it does not cost a thing no i am not trying to sell you anything so if you are intrested in this you can send me an email and we can discuss this more in lentgh i do not do this for anyone i have looked at your website and i believe that you fit the critirea of what we are looking for my email is alev@approvedfunding.com

Kind of weird reading some one's post quote himself in the third person, why not just state your opinion.

Either way, the long term Miami real estate market will be fine, but the short term worst is yet to come. There are way too many condos coming online for the market and the market is cyclical, no way to change the cycle. It is currently on the down slope, but far from the bottom.

Sorry to burst your "bubble"

Scott

I met with the owner of CondoVultures in Miami today. He has a very interesting method and looks at the Miami condo market much differently than most.

There are substantial bargains to be had and he watches over the market like a "vulture" when an opportunity presents itself, he keeps it in a database for potential buyers.

I expect his business to boom over the next year, as late term investors and financially strapped owners look to sell their properties even at a loss just to stop the bleeding. If you are not pickey and want a really good deal, these guys go so far as background check of the seller looking for anything that will give them an edge in the negotiation. I would not purchase a condo post early 2005 prices or less.

If you have been to Miami recently, it is a city of cranes, and I don't mean the ones that fly. Someone has to own all those condos someday.

Miami is a very scarey market right now, but depending on what side your on, it could be very lucrative.