Real estate news and product updates for Florida
Are you thinking about making your first property investment? If so, you might want to consider buying real estate In Florida. The state provides a wealth of opportunity for those eager to make their mark in this industry. Profits could be substantial and you may find the process is easier than you would perhaps first assume. As well as this, the state is ideally managed for landlords and in many cases puts the needs and requests of the landlord before that of the tenant.
If you are a landlord in Florida, you likely spend most of your days filling vacancies, engaging in tenant screening, and collecting rent. What you might not realize is that the law is on your side in the Sunshine State, according to a recent survey. The survey had respondents answer questions related to rent increases, eviction notices, security deposits, and more, and it’s clear that it’s easier to rent property out in Florida than in many other states in the union.
Are you tired of living alone? Or maybe you’re tired of being solely responsible for the rent and utilities. If so, you’re not alone. Many Americans not only feel the psychological effects of living alone but are also facing a growing financial responsibility that falls squarely on their shoulders. It’s a hard road when your hell bent on living alone, especially in more expensive American cities like Miami, FL, Los Angeles, CA, or New York.
Brickell is an urban neighborhood in Greater Downtown Miami, as rich in history as it is in contemporary success. Located directly south of Miami’s historic Central Business District in Downtown proper, south of the Miami River, Brickell is South Florida’s major financial district and one of the most important business sectors in the continental United States.
The Miami real estate market is currently one of the most popular and profitable markets in the United States. Investors moving their business into Miami-Dade County are set up to be part of a booming property market, particularly in the coming decades. Throughout the last century, Miami has been a prime vacation spot as well as a strong residential and commercial sector. The city has continued to grow exponentially in the past decade, strengthening its economy and making a prime name for itself
Online bill pay allows renters to pay quickly, easily and conveniently without all the stamps and envelopes of the past. In addition, online bill pay can greatly increase landlord efficiency and streamline all of your tenant operations. It’s easy to see why 61% of millennials and 42% of older generations choose to pay their rent online rather than send a check.
When investing in a real estate rental property, one of the most important marketing tools is photography. You must have quality photographs of your property when listing a home or building for rent. The photos must catch the eye of potential tenants so that you have a large pool of individuals to choose from.
When it comes to rental property investments, one state that often comes to mind is Florida. Known as a top vacation destination state, Florida provides investors with ample opportunity to purchase vacation rental homes, condos and other property to generate income.
When you think of Hurricane Irma, you think of devastation. You picture debris sitting on roadsides and people displaced from their homes. The hurricane also had a devastating effect on the real estate market. Counties in Central Florida reported over $100 million in damages from the hurricane, with $60 million of those damages in Osceola County. This damage caused the Orlando area real estate market to take quite a hit. Buying and selling hit a standstill while people tried to rebuild their liv
If you work in real estate, you know the importance of tenant screening and rental credit checks. What you might not realize is there is another issue in real estate, and it’s a big one. It’s money laundering, and it’s hit Miami in a big way.
While you may cater to wealthier renter clientele in Florida, it doesn't mean they'll always live within your agreement guidelines. Evicting a tenant in Florida needs careful application of the laws.
Homeowner Associations (HOAs) in Florida must comply with Federal and State laws, and local (city or county, etc) ordinances and regulations. These laws and regulations apply, as appropriate, to all common interest communities.
In South Florida, the rental market remains strong. This is particularly true in Miami, where the rental market has experienced a tremendous increase in rental prices over the last five years.
Tenants searching for available rental properties in Fort Lauderdale will have an increasingly difficult time in finding them, reports the Sun Sentinel.
According to CBS Miami, the state of Florida has benefitted from three consecutive years of ground-breaking tourism numbers, which is due in part to allowing homeowners to rent their properties seasonally.
With so many outdoor activities and natural beauty to offer, it is no wonder that Florida is such a popular getaway destination.