Our Florida Real Estate Management Team is designed to be a proactive business partner to our clients. Our strategy is to bring an integrated approach to each project, ensuring that we service our clients’ needs. By partnering with our clients and understanding their business goals, together we formulate a leasing and management plan that will facilitate an efficient transition, maximize revenue opportunities, lower operating and capital costs, and provide accurate high level reporting.
Fill Your Vacancies Fast !
Extensive Exposure for Your Property
Our primary focus is providing companies and individuals with high-quality, high-touch rental, real estate and moving related services.
We provide our listings with immediate exposure, unmatched by any other advertising option.
This allows us to produce results for your property fast.
Within 2 business days, listings are available through our online database
Featured in major search engines, like Google, Yahoo, MSN and AOLListings receive exposure to thousands of Realtors in the market
We feature our listings in area classifieds and web postings
Instant exposure to 100’s of active clients by our agents and email alerts
More than Just Apartments:
Your Property is Presented Professionally !
We provide personalized, one-on-one apartment and rental finding assistance to renters.
Our proprietary software showcases your property in a high quality, easy to understand format.
Our online and printed presentations include: Virtual Tours – includes up to four 180° or 360° tours
Comprehensive community photographsImages for each of your property’s floorplans
Complete description and amenity list
We Deliver Results:
If We Don't Produce, You Don't Pay
You receive the service and helpful expertise you need and expect.
We make it our business to be well informed on anything that affects properties and communities like yours.
Apex 1 Consulting does not cost you a penny to use until after you start collecting money.
We don’t bill you for clients that we have referred until after they move in.
If we don’t produce, you don’t pay, that simple !
Property Internet Exposure
Our listings are automatically displayed on 15+ websites
Search Engine Internet Exposure
Our websites are featured on 15+ major Search Engines
Research & Marketing
For over a decade, Apex 1 has been an industry leader in providing expert market research data and property valuation. Our Geographic Information Systems (GIS) and research technology enable us to effectively visualize markets and better define custom trade areas. Our brokerage, valuation, and property management professionals have access to the most current market data available, including comparable sales and leases, demographic analysis and mapping, competitor locations, drive time analysis, submarket overviews, planned residential subdivision data, and area development projections.
The Apex 1 Valuation Group is part of a nationwide organization of experienced professionals providing appraisal, consulting, and valuation services throughout Florida for over 20 years. Our valuation professionals have an average of almost 30 years of experience and are committed to providing clients with high quality services and products in a timely manner. We believe we are only as good as our last assignment. Each assignment is reviewed by a Quality Control Manager, to ensure that our products meet the highest quality standards, USPAP requirements, client requirements, and Appraisal Institute standards.
Our market knowledge and expertise are invaluable as we establish appropriate lease rates, determine leasing strategies, develop comprehensive marketing plans and negotiate transactions that are in the best interest of our clients. Whether we are representing an institutional property owner or a private investor, we assemble the best possible team of real estate experts to formulate strategies that maximize property value.
Property Tax Services
Our team is comprised of designated MAI appraisers and seasoned property tax advocates, collaborating to ensure that your property tax burden is minimized. Providing property tax services requires expertise in legal matters, accounting issues, and strong persuasive skills; but most importantly, an expertise in valuation. Our team includes CREs,MAIs, MRICSs, CCIMs, CPMs, CPAs, CMIs and brokers.
Property tax is the largest operating expense for commercial real estate; operators owe a fiduciary duty to actively manage the exposure. Let us make it easy for you. Our management and reporting software will simplify the needs of your tax, accounting, finance,and asset management departments with planning, budgeting, cash flow management, and calendaring to ensure that costly penalties and interest charges are avoided. Local governments across the continent are struggling to meet their financial obligations. So, it’s useful to understand that property taxes fund local governments and that assessment appeals are adjudicated locally. Assessors are politically pressured to establish high assessments by local elected officials who want to keep tax rates down. Because assessors must rely on mass appraisal methodologies, they tend to err in valuing commercial real estate. And because in most states, the definition of taxable value is based on a hypothetical market value, there is frequently a basis for dispute. Simply put, owners should only pay their fair share of property taxes — and not one penny more. Nationwide, many properties are subjected to significant over assessment. Our Property Tax Services will ensure that your tax liability is minimized, increasing your property’s net operating income, asset value, tenant retention, and enhancing itsoverall marketability. See more detail on Tax Bill Administration.
For Business Owners:
Financial Business Advisor:
Developing a business plan
Business Status Summary
New business startup plan:Summary of why a startup is viable. Current Business plan: Describe the current status of the business and why it is necessary to write a new plan.
How will the business ownership be structured? What is the business? Describe in detail what the business will do. What justifies the business? Describe why the business makes sense from a personal and financial perspective. Why do you want to be in business and what do you hope to accomplish in business? What are your short-term, mid-range, and long-term goals for the business? What is your business model?
Revenue Plan (know your number!)
Describe each revenue source. What can be expected from each source? What are the business revenue basics as you know them? How will you know when you are on pace with your Financial Plan?
What will it cost to position yourself to generate the current, mid-, and long-range revenue plan (e.g. buildings, equipment, inventory, etc.)? Create a detailed list with actual or projected costs for each expense category.
Who is your competition? What is your competitive advantage? What will it cost to develop and grow your market share? How will you secure ongoing and growth business?
Human Resource Plan
What personnel will you need to generate the current, mid-, and long-range revenue plan? Budget the wage and overhead cost for each.
Startup budget: List where and how you will secure capital to accomplish this startup and its desired growth. Project a 5-year Balance Sheet (Assets and Liabilities).
7 Steps to Financial Freedom
Most people approach financial freedom by responding rather than planning. Planning your finances, rather than responding to alternatives presented to you, is a far more secure path to achieving your long-term financial needs. Below is a sequential strategy that revolves around achieving a positive cash flow margin and then making decisions regarding the use of this marigin.
Step 1: Pay off all your high interest debts first, like credit cards and hire purchase. Repay your mortgage as fast as you can, and you'll end up paying thousands of dollars less overall. Not having to pay that interest is, in effect, the same as achieving the same rate of return on any monies invested by you.
Step 2: Save for an emergency fund. Save a 'cash cushion' of 2-3 month’s income (this is worth doing even if you're paying off a mortgage, but not if you've got high interest credit card debt). This will help cover you if the car breaks down, or if you lose your job, or any unexpected major expense. This becomes, in effect, your own bank. Once the money is "borrowed", it should of course by replaced as sson as possible.
Step 3: Draw up a budget and stick to it. You should spend less than you earn, so cut costs and/or find ways to increase your income, rather than borrowing to pay bills or to pay for consumer items. Borrow only what you need, and know the true cost of your debts. The true cost of your debt can be significantly higher, eg. interest payments can greatly increase the total cost of a purchase.
Step 4: Once you've paid off your high interest debts, start regular saving for the short term. Short term savings include savings for a deposit, a holiday or a lump sum to invest. Set aside about 6 months' living expenses in a interest-bearing money market fund account.
Step 5: Know your net worth. Your net worth is the difference between what you own and what you owe. Set goals to increase it. Protect your assets. Buy the right amount of insurance, make a will, and see if a trust is right for you.
Step 6: Set long term goals, especially a financial plan for your retirement. Aim for financial indepedence, save for your children's college education, and plan to increase your cash-flow margin.
Step 7: Consider investing to make your money work for you. By this time, you should have met all your financial goals. Many people simply jump to this step without taking steps prior to this, and live with the high risk of losing it all.
Today's Bottom Line
Ultimately, it all boils down to 3 simple rules in financial planning: First, spend less than you earn. Second, avoid the use of debt. And lastly, save up for your financial freedom.
Creating Positive Cash Flow
A positive cash flow margin is absolutely essential if you are to accomplish either long-term or short-term financial goals. Without a cash flow margin, you cannot accumulate in order to meet long-term goals. In addition, each of the four other short-term goals - tax reduction, increased giving, debt reuction, and increased living expense - can only be met by having a positive cash flow.
In order to reduce taxes, either additional expenditures must be made for such things as increased giving, IRA's, tax sheltered investments, and the like, or income must be reduced. Either increased deductible expenses or reduced income will result in tax reduction. However, both require that there be a positive cash flow to begin the process.
Without a positive cash flow, increased giving is not an option. Once there is a positive cash flow, however, and it is used to increase giving, that decision results in decreased taxes because charitable contributions are deductible. There are many people who plan all of their tax reduction through giving. However, they had to have a cash flow margin to begin the process.
Obviously, if you want to reduce your debt principle payments, you must have the excess cash to do so. If you are "going in the hole" by overspending, then there is no way to get out of debt until you generate a positive cash flow. After debt retirement that extra amount can be used to reduce debt further, which in turn increases the cash flow.
Lastly, if a couple or individual has as a short-term goal to increase the level of their lifestyle through a new home purchase, a new car purchase, vacations, additional gifting at Christmas, or eating out more often, they must have a positive cash flow to have the additional funds.
Today's Bottom Line
Living expenses and debt go hand in hand. Typically, debt is used to fund living expenses and, conversely, without the ability to borrow, the ability to increase the lifestyle is not there.
How to get the lowest mortgage rates
The housing bubble has burst. Almost everyone is reeling from job losses to the credit crunch and high mortgage rates. Banks are tightening their lending rules and credit standards, however it is still possible to get low mortgage rates.
Many lenders today uses a FICO score to access and grant approvals. A good FICO score will help improve your credit rating score that will go a long way to getting a low mortgage rate for your home. FICO scores are calculated based on your rating in five general categories:
A good credit score is your passport to a home, automobile, insurance and yes, a credit card. With a devastating sub-prime mortgage crisis and a credit crunch gettting tighter by the month, having a good credit score goes a long way.
Banks have been forced to write off record levels of credit debt, so things are going to get rougher. So make sure you pay your credit card bills in full every month and on time. Late payments will lower your credit score and may even trigger an automated increase in rates. Moreover, it could result in a vicious cycle of credit-card debts.
Most people tend to look for credit cards that give you tempting rewards like travel incentives, or discounts at expensive restaurants. But most of these perks are not your regular bills and payments. Unless you fly often on business trips, travel rewards are aimed at getting you to spend more. Choose credit cards that comes with discounts to your regular bills, like gas, groceries, regular payments, things that require you to pay regularly.
Never use your credit cards to pay for debt. The debt amount will just keep mounting. Many people justify indebtedness with the thought that they are making an investment when they purchase items. That's an unwise assumption. And don't apply for new credit cards you don't need.
Today's Bottom Line
If you haven't already done so, check your credit report. And make it your goal to get a good credit score
Marriage, Divorce and Money
It is estimated that 90% of all divorces are a direct or indirect result of money -husbands and wives and families financially destroyed by debt - is always devastating. Many even end up tragically.
When we experience problems like those, we try to patch them over with something that can ease our pain quickly, rather than trust in Him and rely on His provision. But that only feeds the root problem. It never solves anything.
Here are some tips:
1. Compounding works against you. Compounding can enlarge your investment amazingly over time. But the same principle can work against you - when you're the one who must pay the growing interest.
2. Getting in debt is easier than getting out. If you're overspending by $1,000 a year, then you must not only stop overspending, but also start paying it back with interest. That's difficult. But it can be done, little by little over a long time.
3. Debt mortgages the future. Because of the interest payments you must make, you are sentencing yourself to a lower standard of living in the future.
4. Debt robs you of the freedom of choice. You have an obligation to repay - it becomes your number one financial priority.
Rather than using debt to solve our problems - and finding ourselves in greater jeopardy than before - He invites us to place ourselves in His hands.
Take a financial physical checkup. Establish a finish line. Plan how to get from here to there.
7 ways to save (and earn) cash with credit cards
In a financial crisis, it's more important than ever to ensure that you pay no more than is necessary with your credit cards. Even better if you can earn some cash from them. In this article, we outline 7 ways you can save, and even make some cash using credit cards. To know the benefits and traps of credit card usage, you must first understand the advantages and disadvantages of compounding. Compounding can work for or against you.
But before we get credit cards to work for us, there are some tips to follow in order to save cash from credit cards instead loosing more money. First of all, and the most obvious, avoid late charges. If you can't pay up on time, you lose. Secondly, never use a credit card to take money out of a cashpoint. You will be slapped with higher interest rates. credit cards can be an expensive way to borrow money.
Thirdly, pay up in full. Avoid paying minimum repayment. Here compounding will work against you. Its better that you cut up your credit cards if you're struggling with large outstanding debt. Of course, there may be other pitfalls not mentioned in using credit cards, but these 3 are the most common. But once you get these pitfalls out of the way, then you can get compounding to work for you.
Onto the fourth point: use a cashback card. Half of all credit card holders actually pay off in full each month. They should sign up for a cashback card, so they can earn up to 5pc money back on all spending. Some cashback cards can pay between 5pc to 10 pc.
Next, use credit cards tht offer free annual subscriptions and change them the moment their free annual subscription expires. There are many credit cards out there offering free or waived annual subscription fees, so instead of carrying half a dozen credit cards around, just use one or two and change them when their time is up.
Six, look out for free borrowing. There are still several 0pc deals around. To boost spending, some retail stores are offering 0pc interest rate for 6 to 12 months.
Last but not least, use a credit card that give you the best reward points. Some of these points can be exchanged for cash, cash vouchers, or household items that you need, eg. gas and groceries.
Today's Bottom Line
Compounding will work for or against you. Its up to you how you want it to work.
Estate planning is planning for your death so that your family and financial resources are distributed and cared for in accordance with your objectives.
A well-thought-out estate plan will include not only a will, but also life insurance, correctly owned and with proper beneficiary designations, property deeded appropriately, survivors instructed in both written form and orally as to wishes and desires, proper and easily located records, advisors properly selected and instructed, and perhaps many other things.
As can be seen, an estate plan is a very comprehensive plan for death, when planning is no longer possible. Therefore, it must be well-documented and totally complete. Unfortunately, it is estimated that 50% of Amercians don't even have a will, let alone the other elements necessary for a complete and proper estate plan.
There are many other technical aspects of estate planning that are beyond the scope of this book. Revocable living trusts, charitable remainder and charitable lead trusts, irrevocable life insurance trusts, as well as different methods of property ownership are all vehicles and techniques that could enhance an overall estate plan. The use of these will depend upon your goals and the makeup and size of your estate and will require the input of a qualified professional.
Today's Bottom Line
Estate planning is an integral part of financial planning, but it is not financial planning in its entirety. Both financial planning and estate planning need to begin at an early age. They are dynamic in nature and procrastinate in either area is poor stewardship.
Becoming Debt free
A way out
The only absolute way to avoid the use of debt, in the first place, is to have a financial plan prepared at the beginning of each year that does not allow for the use of debt, and that you will stick to through self-discipline.
The major problem most people face is how to get out of the debt that they are already in. there are only two ways to get out of debt after making the decision to avoid the use of debt: Examine the assets you have to see which ones could be sold in order to reduce debt; and in the absence of assets to sell to eliminate debt, set up a repayment schedule and strictly adhere to it.
Assets that may be sold are investment assets, the liquidation of savings accounts, and perhaps even borrowing from the cash value of life insurance at a lower interest rate rather than what is being paid on credit card and consumer debt.
In determining which assets to sell in order to reduce debt and be debt free, remember that the assets sold should have a lower yield or appreciation rate than the debt cost.
Repayment - the hard way
Not everyone has the luxury, however, of selling assets to repay debt. Many of you are perhaps deeply in debt and have no assets at all. In fact, statistically, 80% of Amercians owe more than what they own; therefore, selling assets is not an option. The only option, then - other than receiving an inheritance or striking oil - is the slow, painful, and difficult process of making monthly payments. You must decide, first of all, not to take on any more debt, and second, to set up a schedule of debt repayment.
Today's Bottom Line
One of the other keys to repaying debt is to precommit any extra income or amounts from reduced expenses - in other words, excess cash flow - to debt repayment.
Practical tips for finding extra cash
In the book The Millionaire Next Door: The Surprising Secrets of America's Wealthy by Thomas J. Stanley and William D. Danko, the main points discussed by these authors are: Being "prugal": prudent and frugal. and avoid buying status objects or leading a status lifestyle.
Living within your budget may seem like an overwhelming task. Yet as the spectre of economic uncertainty continues to loom over the world, more people than ever before are subscribing to the "new frugality" and taking proactive steps to control their spending. The major keys to success are: reduce your expenses and recognize that every dollar saved goes directly to the cash-flow margin. Below are some practical steps to cutting cost, spending sensibly and making ends meet.
1. Trim your utility bill. Set your thermostat 5 degrees higher in summer and five degrees lower when winter comes. Get your utility firm to install a load controller, which automatically shuts down or lowers power on certain appliances to conserve electricity. You can also get programmable thermostats at most hardware or home-repair shops; these devices raise or lower the temperature of your house according to your individual lifestyle needs.
2. Learn to do your own repairs. Check out the do-it-yourself books available at most home-supply centres for everything from maintenance tips to building and repair guides. Be careful with electrical maintenance, make sure you switch of the mains first, and if in doubt call the repair man.
3. Consider relocating as a last resort to reducing housing costs, you may want to move to another house or even another city. Even a short move has a dramatic impact on costs, from housing prices to taxes. According to the authors mentioned earlier, living in a status neighbourhood is not only poor value, but you will feel the need to keep buying status objects to keep up with your neighbours.
4. Rent rather than buy. Some things you just don't need to own: vacation homes or cabins, time-sharing arrangements, boats, major tools, high ticket sporting equipment, etc. It's comparatively inexpensive to rent state-of-the-art equipment, return it when you're done, and avoid maintenance, depreciation, property taxes, and so on.
5. Buy used goods. Contrary to popular belief, buying used goods is not risky and does not take a lot of expertise. If you know you will need a major appliance or car, begin shopping three or four months before replacement becomes necessary. Consider buying used automobiles, televisions, stereo equipment, refrigerators, freezers, furniture, children's clothing, etc. It is said that the cheapest car you will ever own is the one you presently own.
6. Go public on education expenses. Pick a highly rated public school over a private school and save thousands of dollars. Find scholarships that match your child's needs and talents.
7. Stockpile on anticipated needs. If possible, buy products for reduced prices in quantity - canned dried foods, paper goods, etc. Shop at clearance sales, membership warehouses, or other special sales. Do comparison shopping and seek out the best deals.
8. Plant a garden. This healthy idea can help trim food bills by as much as 30 percent, even on a relatively small plot of land. Many gardening tips are now available on the internet.
Today's Bottom Line
The cost-cutting list could go on and on. Most needs can be found at deeply discounted prices if you are willing to do the research. Cutting costs and controlling spending will obviously have an immediately and positive impact on your cash-flow margin.
Before you take a Housing Loan
Criteria for undertaking a home loan
When considering the purchase of a home, we should apply these three criteria as for undertaking any debt loan.
First of all, does it make economic sense to incur a home loan? To determine this, there are two rules to follow:
The cost to borrow (after-tax interest) must be less than the economic benefit received (interest, yield, and/or growth in value). Rule two: there should be a guaranteed way of repayment.
Secondly, if you're married, are both spouses free from any anxiety regarding this home loan? The principle indicates that there must be unity between the spouses. Can the home loan be undertaken with peace of mind? If you experience a lack of peace when you picture yourself taking on this home loan, do not enter into the debt.
Thirdly, ask yourself, what personal goals and values am I meeting with this home loan that can be met in no other way?
These criteria are practical, pragmatic, and biblical and should be applied unemotionally to every debt loan opportunity. The counsel to young couples who are considering the purchase of a home or those intending to purchase a new home, is never to become so attached to the home that they could not give it up if the debt could not be paid. Jobs are not nearly as secure today as they were in the past. Inflation will certainly go up, and fixed low interest rates may very well be a thing of the past.
The psychological burden of home mortgage debt is more severe than most people think, especially if a woman whose center of influence and security is in her home is involved. Studies have shown that having mortgage debt is a stressful factor and that degree of stress relates to the amount of the mortgage.
The question of whether or not to pay off the mortgage, if that is an option, is really an economic, psychological decision. Economically, it may not make sense to pay off a low interest rate mortgage, even if one has the funds to do so. However, psychologically, it may be, by far, the best course. Again, I would remind you that finances are nothing more than a resource to accomplish other goals and objectives - they are never an end in themselves. Therefore, even if it does not make economic sense to pay off a mortgage, there may be higher priority goals and objectives that need to be met. Money then becomes merely the resource to meet those goals. The decision does not have to be always an economic one. That counsel is, of course, good for all decisions.
The "7 or 8" Recession-proof strategy
Recession. The dreaded "R" word. Every decade or so, there also seems to be financial turmoil somewhere in the world. If a global recession is prolonged for many years, it's called a Depression. No doubt, many are losing their jobs, foreclosures are a commonplace, retirement savings completely wiped out, the list goes on. One thing is certain about the economy, there will always be uncertainties. Does the Bible have a strategy to hedge against these financial misfortunes?
Like most people, whether christian or not, you would be interested in finding a recession-proof job, or a recession-proof business, or a recession-proof investment. There might a small handful out there. But in reality, there's really no guarantee. However there is a strategy, a classic little-known Biblical strategy, found in scripture that does provide some kind of financial protection for you and your family. And that is found in Ecclesiastes 11:2 which says: "Divide your portion to seven, or even eight, for you do not know what misfortune may occur on the earth."
Now let's remember that this book was written by King Solomon, the wisest and richest man on earth at that time. So he certainly has the credentials to provide financial advice, and this verse is about one thing: diversification. Seven or eight what? Many christian financial advisors apply this verse within the financial arena advocating a diversified financial portfolio. While that is not wrong, there should be many other ways to "divide your portion". Financial investment is just one.
Back in those days, "portion" would probably refer to something agricultural. In this modern day and age, you can apply this verse contemporarily to mean multiple sources of income. In other words, have or develop seven or eight different sources of income. Your job is a source of income. But if you lose that only source of income, then you and your family are in big trouble. So what other sources of income can you come up with? Besides financial investments, it's not difficult in a highly computerised world to actually come up with a business idea for an internet venture. There are many helpful tools out there that can help you develop a successful internet business. All you need to do is figure out what product or service you want to market.
Another source of income could come from your very own backyard. Americans love big houses. If you have a large property, you can downsize to a smaller house and use the extra cash to purchase an apartment and rent it out. Others may include buying and selling on eBay, writing a book, royalties, etc. Whatever it is, use what you do best.
As you may already have figured out, this strategy is a long-term plan. It's not something you can do overnight. For many, once the economy picks up, they'll forget about planning against "misfortunes". But if you want to take the advice of Solomon, you should apply that wisdom and start planning for seven or eight "portions". Once you get started on planning and setting out to reach those goals, you are well on your way to producing a recession-proof strategy.
Today's Bottom Line
Plan and develop multiple sources of income. The basic point of this verse is that if one or a few sources of income fail, you have others to rely on.