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If you have a large extended family, maybe you should consider a family Miami real estate investment. By purchasing a Miami investment home or condo as a family, you can build equity for a smart investment, rent the property out for a return and you can create a great, reasonable priced family getaway.
This is sort of like buying a time share without the pain of trying to unload it if you don't want it anymore. Buying a second home can offer great exposure to different parts of the country to your kids, give you a cheaper vacation spot and offer the luxury of warm weather and the comfort of a homey atmosphere.