There’s been a bit of an insurance crisis in Florida. There are a lot of reasons for this. We’re prone to natural disasters and risk. A lot of false claims have been uncovered, especially regarding roof replacement scams, sending rates soaring and kicking off lawsuits. Most alarming is the exit of insurance companies. Insurers such as Farmers, AIG, and Bankers Insurance Company...
Investing in real estate has gained immense popularity in diversifying investment portfolios. From infomercials promoting real estate seminars to captivating home shows showcasing the profitability of managing or flipping rental properties, the allure of buying property is hard to ignore. However, becoming a property owner takes a lot of work and effort. Unlike investing in stocks, purchasing a...
Securing the right insurance coverage for your Orlando rental property is paramount to safeguarding your investment and protecting your tenants. Having the right insurance can help landlords and property owners in Florida mitigate risks, protect their assets, and maintain a secure environment for their tenants. However, knowing the different types of insurance available, including renters, landlord, and liability...
In Homeowners Associations (HOAs), the need to accumulate reserves, cover maintenance expenses, or generate funds for exciting new amenities is a common challenge. Associations often hesitate to increase their monthly HOA dues, seeking alternative means to fulfill financial requirements. That's where the power of fundraising for your HOA comes into play. Fundraising offers a compelling solution to reach your financial goals...
Orlando, a city renowned for its captivating theme parks and tourist attractions, is not just a destination for fun and entertainment but also a hotbed for real estate opportunities. The Orlando housing market has been experiencing remarkable growth, making it an ideal location for owning a lucrative rental property. According to the latest data from the Orlando Regional REALTOR Association (ORRA),...
Every landlord in Orlando has probably heard some pretty terrible horror stories about bad rental experiences from other rental property owners. Perhaps you’ve lived through a few yourself. You know there are tenants out there who can make a landlord’s life very difficult. They can make you wish you’d never invested in real estate at...
The Florida Fair Housing Act (Florida Statutes §760.20-760.37) reflects and incorporates the federal Fair Housing Act and is enforced by the Florida Commission on Human Relations (FCHR). If the commission receives a complaint from an applicant or a tenant, they will investigate your alleged housing discrimination on behalf of the state of Florida. Orlando rental property owners face many federal
When you’re renting out an Orlando property, the last place you want to find yourself is small claims court. If you’re there, it’s likely because a tenant has brought a lawsuit over a security deposit dispute. In fact, most landlord and tenant conflicts we hear about have something to do with the return of a tenant’s security...
You think you’ve found the perfect investment property to buy, but you find out it’s in an HOA. Does this change anything for you? Should it? We’re talking about the pros and cons of buying an investment property in an HOA. More and more properties in Orlando and throughout central Florida are in a homeowners association (HOA), and it can be a good...
Increasing participation in your board meetings is a great way to encourage community engagement. You want to keep the communication flowing between your board of directors and the homeowners you serve. Your Orlando HOA or community association likely has some language in the bylaws or the governing documents that tells you how often meetings should be held and what their purposes...
