All Forum Posts by: Malgorzata Sadowska

+ Architect (possibly landscape architect); GC; 

Look at Miami-Dade ordinances too.

If concerned with potential hurricane damage, South East Florida should be considered - we have the most stringent building code in the world (for example, Miami-Dade county impact windows are the gold standard). By the way, that's one of the reasons why our market is pricey - it's expensive to construct / update with such a strict building code.

Na tym web site jeszcze nie ma za duzo inwestorow w Europie (przy najmniej od 2016, od kiedy tu "grasuje":) W Polsce sa agenci / posrednicy nieruhomosci, oni na pewno maja dostep do ofert. Mozna tez samemu kontaktowac wlascicieli, = same as here in the U.S. either hire an expert or spend time & energy becoming one yourself:) 

Most of FTL allows STR unless you are in an HoA that explicitly bans the same. Your best bet is to work with a local realtor, who knows those rules.

@Kenia Crevoisier is a great CPA & a biggerpockets investor herself. Highly recommend her.

@Raymond J. Rodrigues - I got all of that info (as verified by the local authorities ;)

@Kenia Crevoisier is in South Florida & is great - an RE investor herself.

Quote from @John Mocker:

Eugene,

Insurance coverage in all of Florida has become difficult and expensive.  You may want to contact your agent and several independent agents to find out if there are areas or conditions that may be more difficult.  I have read that if the roof is over 10 years (?) old it is an issue.  

The insurance challenges = lack of insurance and / or higher premiums / exclusions we see when a roof (whether primary or secondary = usually flat) have less than 3 years of remaining life, as confirmed by a 4 point inspection. Hope this helps!

Quote from @Patricia Andriolo-Bull:

Quote from @Malgorzata Sadowska:

Will you be residing / visiting there at all? Will you self manage or hire an STR PM company? How much experience do you have managing STR (& STR condos vs. STR SFHs)? How much time do you wish to devote to this STR?

In general, recommend an SFH or MFR, yet, it depends to your answers to the questions above + your search criteria, including how much you wish to spend. The city of Miami has different regulations than unincorporated Miami-Dade county than Miami Beach then other various municipalities around Miami.

Also, in general, Broward county is less regulated = more STR friendly municipalities.

Hi. I've been running a STR condo for a couple of years now and have experience with long term as well. I self manage and plan to do so in the next place I invest. I'm slightly less than 2 hours from Miami. Do you specialize in the STR market?

sent you a message :)