Starter Home Vs. Forever Home
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Property Management
The Top 5 Signs That Your Flat Roof Is Damaged and How To Fix It
Flat roofs are common on Florida's commercial and residential buildings. A flat roof is usually less expensive than a pitched one. Flat roofing systems may allow you to build a deck for year-round sunshine in Florida. It's also easy to install solar panels that are discreet to lower your energy bills.
Flat roofs have their advantages but they can also be vulnerable to damage. Flat roof damage can be caused by heavy downpours, tropical storms, or constant sunlight. Water can pool on the roof. Flat roof damage can eventually show up indoors as ceiling water spots or brown drip marks on the walls.
Flat roof damage can be detected indoors before it is too late. It is always best to schedule a regular roof inspection after hurricane season in Florida.
How do you know if your flat roof ...
Tips for Choosing Your Next Property
It's the beginning of a new year and that means new opportunities, especially in the real estate world.
You can buy another house, purchase a vacation home, or invest in rental properties or commercial real estate.
Are you unsure which route is right for your long-term wealth and goals? This is how you choose the right property for your long-term goals and wealth.
Do a financial assessment. First, determine how much money you are willing to spend. Keep in mind the long-term and upfront costs as well as maintenance and upkeep of the property, especially if you aren't there often.
Be aware of your travel and work plans. Do you plan to travel abroad next year? Are you more focused on work than ever? Or are you looking to take the time to relax and enjoy your life more? These detai...
How to Increase Your Florida Home Value
The real estate market continues to be strong as 2022 approaches. The market is strong, with homes getting more value and sellers receiving more money than usual. This is the best time to increase the value of your home without spending too much. Here are some tips from professionals to help you do just that.
Exterior Paint
It is a great way to increase the value of your home's exterior. Consider the harsh Florida climate when choosing paint. Most professionals use Sherwin Williams. The exterior paint on stucco of your Florida home lasts approximately 5-6 years. However, you might be able to wait 7 years before painting again.
Use neutral colors when you paint the exterior of your house! 2022 is all in earth tones, and taking inspiration from nature. You will find a variety of ...
Quality Real Estate Contract
Quality in a contract
An important role in the success of a real estate deal is played by the quality real estate contract. There are many types of contracts in the real estate industry such as lease purchase agreement, REO properties etc and it doesn't matter that whether the buyer is going for which of these options but before being a party in a contract, the buyer must make sure that he is signing a quality contract. A quality contract is one that fully protects both parties and provides the highest level of legal protection to both parties. A quality contract is one that does not allow one party to cheat the other party.
Need of clauses
If you are entering a contract as a buyer then you will want to leave the contract easily if you think that leaving it is safe but you will wa...
Thanking Your Great Tenants In Easy Ways
You probably know better than anybody how much an inconvenience renting to some renters can be, being a seasoned landlord. There is the potential for your rental unit to be abandoned in an absolutely awful condition after they leave, even if these people residing in your property may be paying for your home loan. Some renters complain about every little element they believe to be wrong with the unit, while other people are just noisy.Particularly in this current economic climate where many houses stay empty presently and renters have a lot of options from which to choose, you can appreciate what it is to have good and dependable tenants, being a landlord. Is your gratitude showing through, though? Below are tips to show your gratitude.Be sure to make them feel welcome if your tenants are r...
A Quick and Easy Introduction to The Party Wall Etc Act 1996
Most people find the thought of dealing with party wall issues a daunting prospect. The Party Wall Etc Act has many connotations, so it is no surprise that lots of people have difficulties with it.Things can become even more convoluted in major cities like London, which have many period properties and buildings in close proximity to each other. It is vital that these issues are dealt with properly.Explaining the Party Wall etc Act 1996The Act provides rights and responsibilities whichever side of the 'wall' you are on. For the party carrying out the work the Act provides for rights not afforded by common law, such as access onto the neighbours land to carry out some or all of the proposed works, or provide temporary works (e.g. scaffolding) during the course of the works.It is important to...
Rental Property – How to Find a Good Eviction Attorney
In a previous article we posed the question: How do you collect rent? And the answer was an emphatic: Get a good Eviction Attorney! Gee, that is all well and good but how do you find a good eviction attorney? Let's start there.We recommend that, if at all possible, you need to go from personal reference; from a friend or your local Board of Realtors or Apartment Association. If that isn't a possibility for you then check your local yellow pages or search the web in your area. Once you have the names there are three things you will want to make sure of: 1. That they only do evictions (unlawful detainers) or at least it is a regular part of their business. You don't want a family law attorney who will do one for you "this time".Your eviction attorney should be well versed at the ins and outs...
Property Maintenance: Save Yourself the Hassle
Whether it be your own home, your rental property or commercial premises, at some stage you are going to need some type of maintenance on what is a very valuable investment. What do you consider the most important aspect of your property maintenance service? A quick response? The job completed correctly the first time? Long term maintenance commitment? Obviously, all of these factors are of equal importance which is why it is vital to get it right first time around with your property maintenance company.As the old saying goes, "time is money", especially if it is your rental property or commercial premises with a problem. Look for a company that provides a comprehensive 24-hours a day, 7 days a week, 52 weeks of the year service. This means after hours call-outs are included in the contrac...
Why You Have to Know Your Prospective Tenant’s Income
As much as I would like to believe that all tenants are capable of paying rent, it's like dreaming of rainbows and butterflies during Algebra class. Not all people are as honest as you want them to be, and some of them can even tell virtually all lies in the book just to get landlords and property managers to admit them into a unit.You can't afford to go wrong with tenants and the only way to actually gauge their eligibility to occupy your property is if you know their actual income. Why so? Normally, a family can afford a house that is priced 40 percent of their salary every month. If your property's price tag lies within this boundary, then it's safe to take things to the next level. However, if it goes beyond 40 percent, the tendency is that they'll eventually stop paying in the long ru...