Also be aware of special assessments that tend to occur with condo ownership. 

This year's version wasn't a naturally occurring event (thanks, State of Florida & the sugar industry), and the fish kill and other problems were the worst I've seen in over a decade.

Private lenders are typically found over breakfast or lunches where the conversations will occur naturally and where you don't ask for funds immediately.

If this is occurring, it may be due to how you're marketing the property (which vehicles, your message/presentation), the finish and grade of the unit offered, or the price point.Lots of factors!

For example, if the property was purchased for all cash, the owner would save the interest rate on the loan...not a rate higher than that...and it does not change with the level of the down payment.Paying down a fixed rate 5.5% loan versus investing the funds in a 2.0% savings account would net 3.5% savings (and it would occur in a rising rate environment).

It's very easy to come up with examples of a bad car accident where you could be held liable for big time medical bills of the people in the other vehicle.

@Nicole SparkmanCPA/Accountant is a service based profession and the tax code is lengthy and complex.There are tax code sections specifically written for real estate investors, developers, teachers, international residents, various entity types, etcIt is impossible to know the whole tax code; especially with all the changes that occur from year to year.The tax code complexities revolving around real estate include items such asdepreciation, cost seg analysis, 1031 exchange, opportunity zone, short-term rental not subject to SE tax. 

Howdie folks.. bit of a newb question here..When selling a property, is the seller obligated to disclose any repairs that were done by the properties previous owners, or is the current owners obligation only to disclose issues or repairs that occurred since they assumed ownership of the property?

Howdie folks.. bit of a newb question here..When selling a property, is the seller obligated to disclose any repairs that were done by the properties previous owners, or is the current owners obligation only to disclose issues or repairs that occurred since they assumed ownership of the property?

Most experienced investors advise having an operating fund set aside so that you don't end up on the foreclosure list should unexpected expenses occur or you lose a tenant.