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Those who know the Florida real estate market know the influence of foreign investors. Foreign capital, especially in South Florida, has fueled real estate development in the state. Despite its slight recline with the growing strength of the US dollar, foreign investing remains a big part of the Florida real estate market.

Jerome Abecassis, a native of Paris, France now residing in Florida has made a name for himself and his company TIJ Group, LLC investing foreign capital in the Florida real estate market. Moving here in 2003, Jerome began investing in South Florida real estate and quickly established TIJ as a leader in foreign investing in the Florida real estate market. TIJ now owns and manages 200 units in South Florida and owns 160 units in the Detroit, MI area. This episode, Jerome shares his unique approach to investing and gives an outlook on the Florida real estate market.

• Florida Real Estate Market
  • Foreign investing returning post-financial crisis
  • American markets seeing higher returns on investments than foreign markets
  • Market growing
  • South American investing strong in South Florida market
• TIJ Properties and Investing Strategy
  • Distressed/Mismanaged properties
    • Code violations; in need of repairs
    • Handle repairs and assume property management responsibilities
    • “Detroit is Miami 10 years ago”
  • Cash-on-Cash Deals
    • Investor chooses stake
    • TIJ partners in investment
    • No traditional financing used
    • Network of brokers scout properties
    • Word-of-mouth investor base
• Tips
  • Be wary of deals that seem too good to be true; no such thing as the perfect deal
  • Stay where you are comfortable; don’t over-diversify your investment portfolio
  • Always inspect property before buying; know the area and tenants

Want to know more from Jerome/TIJ Group?

Contact Jerome by

email: libertymiami@hotmail.com

or phone: 786-277-4163