Beware of Rental Scams

We’ve posted this information a number of times, but it’s still a problem out there for people looking for rentals. Beware of rental ads that seem too good to be true. Scammers pull information and pictures about a rental property from the internet and created their own advertising (usually on Craigslist), often times advertising outrageously[…]

New Mortgage Rules for Condos!

Here in Florida, we’re land of the condominiums. Good news today for financing a condo. New FHA mortgage rules go into effect on Oct. 15, 2019 making it easier to buy a condo – especially first time buyers. The new rules specifically: Allow single-unit approval process. Extend condo project recertification from 2 to 3 years.[…]

Beware of rental scams!

Beware of rental homes posted on Craigslist. Scammers steal the information about a rental, including pictures, and set up their own advertising. They post the rental for a price that seems too good to be true, generally way under market rent, and they often ask for money up front before the potential renter has a[…]

Slum lords make less money as investors

Slum lords leave money on the table. A well-cared for property is smart business for you as an investor: (1) Prime condition properties rent and sell for more, and they rent faster (reducing the dreaded turnover cost). (2) Tenants stay longer in well-cared for homes. The main concern every tenant has is: will you fix[…]