The real estate business in Florida has become a hub for investors. Real estate sector caters to the growing housing needs of the residents and visitors in various parts of Miami. One of the famous regions where the real estate is business is booming is Palm Beach County. Research shows that this area has lots of empty properties and is attracting a large pool of buyers.
The majority of Miami residents are financiers and the rest work in the health care sector. Most of these people are not homeowners but rent a variety of flats. For this reason, there is a niche for investors looking to buy properties to rent. Most entrepreneurs are opting to buy single-family houses, which are then split into single rental units. The mortgage business has also picked up in the recent years, with most people choosing to acquire their properties. Additionally, the increasing population along the Miami coastal line is expected to boost the real estate business. The housing needs in Palm Beach County are expected to increase by 10 percent by 2010.
About Samuel Strauch
Samuel Strauch is the executive principal of Metrik Real Estate, a real estate company based in Miami. Strauch joined the prestigious Hofstra University where he studied bachelor’s in BA. Strauch is also a former student of globally respected universities, including Erasmus University Rotterdam and Harvard University. Strauch’s expertise lies in investment property, real estate, and asset management.
Before investing in the real estate business, Strauch worked in the banking sector. He later joined the family business in South Florida. Upon gaining sufficient work experience, Strauch launched his private practice in 2002, which has continued to grow up to today. His company deals in equity sourcing, development, acquisition, brokerage, and management. Strauch’s real estate firm has operations in Latin America and South Florida. He has heavily invested in the restaurant and Internet business.