Hotels to Stay at in the Cayman Islands

The Cayman Islands are one of the most beautiful and relaxing vacation destinations on the planet. The Caribbean Islands are hailed as tropical paradise and these islands are the perfect balance of nestled natural beauty and accommodating amenities. The biggest thing to consider when taking such a robust trip to get away is where to stay. The best hotels in the Cayman Islands are not only cozy and appropriate, there one will also be likely to run into a celebrity or two while vacationing. The three best hotels to stay in while in the Cayman Islands are on the Grand Cayman Island. These hotels are the Kimpton Seafire Spa Residences, The Westin Grand Cayman, and The Grand Marriott Beach Resort.

The Grand Cayman Island is the most visited and accommodating island in the Cayman Islands. It features the world renowned Seven Mile Beach and this is the main location of the Ritz Carlton Hotel. This is a luxury beach front resort hotel that is located on over 100 acres of spacious tropical land. Portions of the resort also extends to the other island chains of the Cayman Brac and Little Cayman. This hotel features the island largest ballroom at over 9,000 square feet, two restaurants serviced by celebrity chef Eric Ripert, pools, spas, golf courses, and much more. Such celebrities as Tom Cruise, Katie Couric, Anna Kournikova, and others have been known to stay here.

Another hotel to stay while in the Cayman Islands is The Westin Grand Cayman. This hotel is also on the famous Seven Mile Beach. It features the typical amenities of a first class hotel in this location with golf courses, water activities, and such, but also an oversized outside pool with a swim up bar. The rooms are known for their outdoor ambiance and private balconies.

The Grand Cayman Marriott Beach Resort is definitely worth mentioning in this conversation. This property features 4 impeccable restaurants, almost 300 spacious luxury rooms, unique spas and beachfront natural life. The Westin Grand Cayman and the Grand Cayman Marriott is possible to feature such stars as Christina Aguilera, Dave Letterman, David Copperfield, Liam Neeson, Sandra Bullock, and Spike Lee.

Snorkeling, scuba diving, swimming with dolphins, boat trips, fishing, surfing, and more can be enjoyed at these hotels. Regardless if your focus is relaxation on the beach, water activities, spotting celebrities, or meeting locals and natives alike while enjoying the night life, it can be found at these hotels. Enjoy your trip to this paradise and keep an eye out for a familiar face.

Can You Retire Earlier By Investing In Real Estate?

There is an old saying in real estate that has been around for decades: “Buy land! They’re not making it anymore!” Well, many folks reading this article can probably relate to “missed opportunities” like real estate deals that never materialized or recalling what a family member said about stock market investment that was never jumped on.

All that said, here is a short primer on things you need to know when making an investment on retail property like a business and what is required when buying a home to rent out, so you won’t regret it five years from now.

First, let’s talk about residential real estate investments. According to Than Merrill, CEO of the real estate investment/education company Fortunebuilders, “Real estate investing is a wonderful asset as an investor. (It) offers a magnitude of strategies for those with insufficient retirement savings, including the ability to provide future retirees with short and long-term advantages, whether approaching retirement age, behind on savings or looking to retire early.”

There is a process you need to follow if you want your future home search and purchase to go smoothly, and here’s a few tips:

Common Sense Real Estate Investment Advice

  • If you can’t pay cash, arrange your financing first so you will know what you can afford. Then get loan approval from a lender.
  • Real estate agents/brokers can be helpful, but be selective on who you hire. Some are better than others and make sure they are state licensed.
  • Make sure you have a complete inspection on the home by a professional inspector.
  • Make a “fair” offer on the property regardless of what the agent or current homeowner says.

How To Buy A Retail Business Investment

  • Have a business plan that is thorough and ready to go way before you buy.
  • Never purchase any type of retail business that’s away from where the “action is” unless the investment is of the “industrial” type.
  • Don’t locate your business investment within a mile of any strong competitor.

How To Buy A Rental Investment
A rental investment could be a condo, apartment, four units, or a new manufactured home in a rental park for seniors.

  • Once again, if you can’t pay cash, get pre-approved from your bank or other lender. If you have to borrow all the funds and have a credit history that is at or below the 650 mark, you may want to rethink your investment goals.
  • Make sure the location is in a “rental area” and not out by an airport or bad part of town. Verify what units are renting for.
  • Read up on rental investment tips from professionals and keep learning!