Becoming a landlord may seem like a very good idea on paper. Particularly if you find yourself with a property in a desirable area, the idea of renting it out and using the income to fund another property is enticing. However, before you make the decision to become a...
Year: 2021
What are big concerns for short-term leases?
These days, short-term rentals have increased in popularity, providing a good option for people who do not wish to commit to long-term leases. Short-term rental contracts can cover rooms, apartments or even entire homes, and many people find it tempting to rent theirs...
What should you know about party walls?
Condominiums, rowhomes and other residential buildings are commonplace in Naples and across Florida. While these dwellings are ideal for many homeowners, they often share walls with others. A party wall is a common wall between two separately owned or rented...
What are some real estate red flags to watch for?
Buying a home is a major investment. As a result, you must make sure the property you choose is worthwhile. This is the purpose of the home inspection during the contingency period, which is the period when you can walk away from the transaction without legal...
Do you need owner’s title insurance?
If you are buying a home, then you likely know about title insurance and how it can protect against claims in the future. Having this protection is mandatory because it protects the lender’s interests in the event there is a claim. What you may not think about is...
Did this seller fake their way through home inspection?
Home inspections play an important part in readying a home for purchase. A home inspector's role is crucial, and hundreds of thousands of dollars can hang in the balance based on the decisions they make. Unfortunately, home inspectors are not superhuman. They may fall...
How can you spot a good tenant?
As a landlord, one of the hardest parts of the job is deciding who to rent your property to. After all, just as there are good and bad landlords, there are good and bad tenants. You want to avoid the drama and problems that come along with bad tenants. But how can you...
Offering rental units with month-to-month leases
Property owners and tenants seeking greater flexibility may wish to consider a month-to-month lease. As described on The Florida Legislature website, the Sunshine State’s laws allow either party to terminate a monthly agreement by giving each other notice at least 15...
How to remove a tenant the legal way
When you rent your home, you hope that it is the perfect arraignment for you both. Unfortunately, sometimes things do not work out how you would like. Florida laws have some remedies for when you and your tenant have irreconcilable differences. You can work within the...
What are mistakes first-time homebuyers make?
When you set about buying your first home, it is often difficult to know what pitfalls to avoid. After all, everyone seems to have something to say about the home buying process. You may end up with plenty of conflicting pieces of advice. But there are some basic...