Things to Consider Before Becoming a Landlord

By Shirley Martin, Contributor Purchasing and/or managing a rental property can be significant investments in time and money. Such endeavors can be profitable, but there are also risks involved. Here are some things you should know about owning or managing vacation or residential rental properties. Read more by clicking on file below... 22-9-4-things-to-consider-before-becoming-a-landlordDownload

Where rents are highest and lowest in U.S.

See info below and more at this link: https://www.floridarealtors.org/news-media/news-articles/2022/07/heres-where-floridas-rental-markets-rank?utm_campaign=7-12-22+Florida+Realtors+News&utm_medium=email&utm_source=iPost U.S. ranks for 10 Florida areas (National rank / monthly rent) 7. Miami-Fort Lauderdale-West Palm Beach: $2,846 13. North Port-Sarasota-Bradenton: $2,331 14. Port St. Lucie: $2,266 19. Fort Myers: $2,073 20. Tampa: $2,055 21. Orlando: $1,999 29. Melbourne: $1,881 35. Lakeland: $1,808 39. Daytona Beach: $1,788 … Continue reading Where rents are highest and lowest in U.S.

Easier for renters to get FHA mortgage

In July 2022, it becomes easier for renters who have on time rent payments to get an FHA mortgage. See article at https://www.floridarealtors.org/news-media/news-articles/2022/07/good-renters-may-qualify-mortgages-sunday?utm_campaign=7-11-22+Florida+Realtors+News&utm_medium=email&utm_source=iPost In addition, by September 2022, FHA may ignore job lost during COVID pandemic for people applying for mortgages. See article at https://www.floridarealtors.org/news-media/news-articles/2022/07/fha-will-ignore-covid-era-employment-lapse?utm_campaign=7-11-22+Florida+Realtors+News&utm_medium=email&utm_source=iPost

Zoning, in my opinion, is a problem in itself. See debate issue here…

https://www.yahoo.com/news/would-banning-single-family-zoning-really-solve-the-housing-crisis-223207110.html In the City of Waycross, Georgia, the powers who make the rules and laws have gone as far as mandating that when a property is sold that has a garage apartment that the garage apartment cannot be lived in....It can only be used for storage. 'Grandfathering' to Waycross means for the current owner. When … Continue reading Zoning, in my opinion, is a problem in itself. See debate issue here…

Question: What should landlords know about Marijuana and Rental Properties?

by Mary Kelly (1/2/2022) I am good at internet research, but I am not an attorney. This answer is based solely on internet sources that I have not verified as to accuracy. Therefore, you are advised to consult an attorney for more information if you are a landlord. In Zillow's article "Marijuana and Rental Properties: … Continue reading Question: What should landlords know about Marijuana and Rental Properties?