Understanding Flood Insurance In Florida
The definition of the flood is raising water that encompasses two pieces of property or two acres whichever is last. In that definition it doesn’t say that the properties have to be adjacent to one another.Therefore, provided that flooding occurs on any two properties during the same storm, it falls under the definition of a flood for the purposes of flood insurance. If you leave your...
Read More5 Pitfalls of Conducting Due Diligence When Purchasing Real Estate
5 Pitfalls of Conducting Due Diligence on Real Estate A conversation with Dan Pepper is a millennial who recognized the opportunities in real estate and is achieving great success. Dan talks about the Pitfalls of conducting due diligence on real estate and discusses mistakes he made on the due diligence side, He got caught up in the exuberance of the Deal. This was a little place – a 16 Units-...
Read MoreFlorida has overtaken New York as third most populous state
Florida has overtaken New York as third most populous state According to an article published by the Tampa Bay Times about a recent census count, Florida added an average of 803 new residents each day between July 1, 2013 and July 1, 2014, Florida grew a total of 293,000 over the period, reaching 19.9 million. However, the census is done every 10 years so Florida will have to wait until the...
Read MoreThe Story of Accidental Landlord Turned Serious Investor in Tampa
Darren Wilson from Kennedy investments- was an accidental investor. He did not start out to be a professional investor in single family properties, but once he got the taste of it, he didn’t look back. Darren Wilson from Kennedy Investment, he is a grad of University of Virginia and went to MBA School of University of Taxes and from there he worked in the Technology field and now he is in real...
Read MoreSale Leaseback Advantages and Disdavantages
Sale-Leaseback from a Seller and Investor Perspective A Sale-Leaseback is where the owner occupant sells the property that he occupies today and continues to lease it back for the next 5 or 10 years providing in income stream to the investors wo purchase the property A Sale leaseback is an interesting situation for both Investors and owners. An Investor he gets a predictable return on his...
Read MoreFive Most Common Issues that Cause Bad Results in Dealing with Environmental Issues in Real Estate
Five Most Common Issues that Cause Bad Results in Dealing with Environmental Issues on Real Estate … and how to RECTIFY them In an interview, renowned environmental attorney, Frank Hearne, of the law firm of Mechanik, Nuccio, Hearne & Wester brings his decades of experience to the Invest Florida Show to discuss the most common mistakes he sees investors make in dealing with environmental...
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