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15 October 2024 | 24 replies
There should be a law limiting how close a tree(or type of tree) can grow near a property line.
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16 October 2024 | 16 replies
In August 1999, TREC amended Section 535.20 of the TREC rules to provide that for purposes of that section, the term "valuable consideration" includes, but is not limited to: 1) money; 2) gifts of merchandise having a retail value greater than $50; 3) rent bonuses; and 4) discounts.
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16 October 2024 | 4 replies
In short there are many levers that go into a deal like this including but not limited to TIA, buildout, Operator risk, etc...would be more than happy to jump on a call and see if we can provide some insights for your purchase.In general we do not like to place urgent cares in med office spaces, although hospital systems are notorious for throwing an UC in empty or extra med office space they have.
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14 October 2024 | 13 replies
There is no minimum term lease limit in Florida.However, as you have mentioned, some HOA may limit the number of turnover tenant per year (de facto limiting the minimum lease time), limit minimum lease time, or completely forbid lease and require the owner to be the occupant.
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17 October 2024 | 10 replies
I would seek out a good local PM preferably with 30-120 units.I am not familiar with that market so if that is not possible there is self managing, or finding a limited service provider (we just went statewide in FL) where we provide guest communication, automations, pricing, and marketing for a discounted fee.
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16 October 2024 | 22 replies
Study the market.
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17 October 2024 | 47 replies
BTW study up on what type of houses you end up getting creatively; 100% need some amount of fixing and that is all personal cash.
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14 October 2024 | 3 replies
You’re right that you typically just need to rent it out for at least one week in the year to potentially qualify for that bonus depreciation after you do the cost segregation study.
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14 October 2024 | 31 replies
The downside though is your ability to recycle your money with a turn-key property is limited.