Perspectives on South Florida real estate markets, investment strategies, and emerging opportunities from the Naqua Capital team.
Miami-Dade's zoning reform has opened a new chapter for residential investors. ADUs are now permitted on most single-family lots — and savvy capital is moving fast. Here's what it means for your portfolio and why now is the time to act.
Read ArticleAs acquisition costs climb and contractor timelines stretch, the classic fix-and-flip formula needs recalibration. We break down how Naqua underwrites deals in a compressed-margin environment.
With population migration continuing from high-tax states and new supply constrained by permitting delays, Miami Beach and surrounding neighborhoods remain among the tightest residential markets in the nation.
We run a side-by-side analysis of 2–4 unit properties versus SFR portfolios across three Miami zip codes. The results may surprise investors who have historically favored single-family strategies.
Navigating Florida's updated ADU statutes alongside Miami-Dade county codes can be daunting. We share our actual permitting timeline, cost breakdown, and lessons learned from three completed ADU projects.
Understanding how real estate sponsors calculate and report returns is essential for any capital allocator. We demystify the waterfall structure we use and how it aligns our incentives with yours.
Not all Miami submarkets are equal. We analyze median acquisition price, average renovation cost, days on market, and realized ARV across three distinct micro-markets to identify where alpha is being generated in 2024.
Liquidity, tax treatment, control, and return potential differ significantly between these two vehicles. We outline the decision criteria we share with our investor partners when evaluating direct deal participation.
A well-priced acquisition with a bad contractor relationship can destroy a deal's economics. We share our contractor vetting process, contract structure, and draw schedule approach developed across 20+ projects.
We walk through an actual project: land acquisition at $185K, modular ADU installation for $142K, and stabilization at a 9.4% unlevered yield. A detailed breakdown of every decision point along the way.