As of 2019, over 21 million people live in Florida, which is a 14.2% increase from 2010.
With a growing population, now is the best time for real estate investing in Florida! The trouble is knowing which area is most ideal to start or continue your investing, and making the wrong decision can cost you valuable time and money.
As an experienced property management company, our top suggestion is Pembroke Pines; continue reading to find out why!
1. Impeccable Reputation
Pembroke Pines has a notoriously positive reputation from surveys and was even praised as one of the best places for raising a family!
With a great reputation already built into the area, finding tenants should be easy. The ease in finding a client base and the free marketing from city reviewers will also save you costs in the long run.
Additionally, with safe neighborhoods and multiple sources of praise, properties will be valued higher. Higher values mean higher profits, making this a smart investment, especially with its increased chance of success.
2. Close Proximity to Major Cities
The mass appeal of Pembroke Pines doesn't cease with its reputation; it is also a significantly prime location in South Florida.
It is about half an hour from Miami and Fort Lauderdale and a little over an hour away from West Palm Beach. This is ideal for commuters or college students looking to save by living in a South Florida rental property outside major cities.
However, despite its proximity to cities and other places of interest, it is a quiet area. This makes it great for those looking to live in a suburban neighborhood while being close to Florida highlights.
These factors make this area a thriving place to invest in, and with multiple selling points, vacancies will be rare!
3. Diverse Property Types
If you're new to investing, Pembroke Pines is the perfect starting point with property types ranging from mansions to condos!
The city can fit a big family's needs through large homes and nearby schools, or it can fit a single retiree's needs through small gated communities. There truly is something for everyone in this city, and that includes investors. For experienced investors, multiple apartments may be the best choice, while beginners may want to start with a small home.
Whichever the property type, companies like Pristine Property Management can help you start or continue managing your property!
Pembroke Pines Property Management
Pembroke Pines offers many benefits for real estate investors and has a fantastic reputation to attract tenants! If you're ready to take the next step or need more help, consider Pristine Property Management!
Whether your property is in Pembroke Pines or Miami, we are here to help you with all of your needs, from property marketing to eviction protection. We will also help handle all the difficult aspects like accounting, tenant screening, and tenant eviction.
To learn more about our property management services or speak with someone on our team, contact us today!