Real estate, including the home you live in, is one of the few investments that you can directly enjoy before reselling it for a potential profit. As with any other investment, the goal is often to buy a home for a low price and later sell it for a higher amount....
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Year: 2019
What should you consider when buying a condo hotel unit?
If you're looking for a home in Florida to spend your winters where you don't have to worry about dealing with maintenance or landscaping issues and have easy access to fine dining, spa treatments, a golf course and other amenities, you may be considering a condo...
Does it matter what time of year you start your new business?
When you're starting a business, you may not have total control over when you launch it. You may have to wait until your property is ready, your inventory has arrived and your staff is fully trained. If you have a choice of what time of year to open your doors, are...
Commission revokes St. Pete Beach agent’s real estate license
Not just anyone can get a real estate license -- and sometimes, agents engage in activities that cost them their license. This month, the Florida Real Estate Commission voted to revoke a St. Pete Beach agent's license because he didn't disclose felony convictions in...
How Florida landlords must handle security deposits
Being a landlord is both financially rewarding and risky. On the one hand, you have a steady source of income. On the other, you may land bad tenants who cause lots of trouble or costly damage. One way to protect yourself against potential expenses is by requiring a...
Location is key when starting a medical practice
You've decided to open your own medical practice. Like many new endeavors, your chances of success are greater if you do the necessary research, get the professional assistance you need and understand that the process will take some time. Besides finding the best...
Seniors need to beware of reverse mortgage scams
It seems like ads for reverse mortgages are everywhere, but many people don't understand exactly what they are. A reverse mortgage lets homeowners 62 and older access the equity in their home, either in a lump sum or installments. That money can provide needed income...
Resolving a conflict with your homeowners’ association
Many Floridians live in condominiums, townhouse complexes or other communities where rules are established and enforced by a community association like a homeowners' association (HOA). These rules are typically outlined in a Declaration of Covenants, Conditions, and...
A property management agreement sets terms, responsibilities
Let us say you purchased a condominium building and are about to become a landlord for the first time. The property management agreement you use sets terms and responsibilities for your legal protection, and your tenants clearly understand what they sign. Here are...
Tips for negotiating a commercial lease renewal
Once you reach the end of your commercial lease term, you will, in many cases, have the option of either extending the lease or finding a different location where you can operate your business. Before you agree to extend your commercial lease agreement, though, it may...