Ex-boyfriend dosen't want to leave apartment.? |
| Me and my boyfriend have recently split up. He does not want to leave the apartment. I was orginally the lease holder, and later added him to the lease. The lease is up in a month in a half. Can I ... |
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Question about defaulting on mortgage? |
| My neigbhor is really sneaky and has lots of police problums and such. one day she called me and asked me to look out the window to see if her boyfriend was home. when I looked out the window there ... |
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I have moved into a new house...? |
and i have found a half dead person in my freezer, they dont want me to go to the police what do i do? he cant stay here forever??? Additional Details sorry i shouldnt joke about things ... |
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How to reduce the price of home already on market? |
| I'm considering reducing the price of my home that has been on the market for 3 weeks with more or less no response from the market (not one prospect has asked to see the house, other than at ... |
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Should council house tenants be able to buy their houses at a discount price? |
| I just wondered if people think it is fair. My husband and myself pay about £800 a month on our mortgage, my parents had to put their names on the mortgage so that we could afford the house. Now I ... |
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Is a landlord allowed to drop by and inspect his tentants' apartment? |
| Our landlord is saying he is dropping by for a "thorough inspection" we have lived here for 3 years and never has this happened. We are good tenants but he doesn't like us. Is he ... |
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This is about living with a individual i dont want to live with and how to legally get thm to go in a month.? |
| o.k. i made the mistake of leting a worthless roommate live with me. their name is not on the lease or anyway from being on the lease. i gave this person a receipt for a months rent from dec. to jan.... |
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Are older homes better constructed than new? |
| I have a 40's concrete block home and I really had to fix it up, updating it, rewiring it, etc., but it seems like newer houses are built so shoddily, and they fall apart in 5-10 years, What do ... |
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House Hunting? |
| My fiance and I are interested in buying our own home. But neither of us have any idea where to get started? What are the steps in looking and purchasing a home of our own?... |
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How to i break it to my landlord that i fixed up a part of the house and am going to decuct from rent? |
| I replaced an old threshold (the part of the exterior doorway that weather seals the floor to the door, usually metal with a rubber gasket) I did this because the old one was rotting out and moving ... |
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Help! Scared to start my new career as a Realtor.? |
| I've been a stay at home mom for 6 years and I'll soon be taking my real estate exam. I'm confident about the test but I'm terrified about starting work. I live in a coastal ... |
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I am suspose to close on a house during the week of december should I still pay rent to my landlord or not? |
| I am going to be moving in december and will just let the landlord have the security deposit as a form of rent for december, and I going to jeopardize my chance to close on the house if I dont pay ... |
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People with apartments?? |
| I may be getting and apartment but i was wondering if you could tell me whats the best floor to live on. 1,2,3,4th.. or whatever, and why.Thank youu!... |
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Landlord entering without asking...and breaking a lease? |
| So my landlord and I had a one year lease. I have been in the apartment for 7 months now. He broke the lease, by coming into my apartment when I was not home, for a no good reason ( to count floor ... |
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Real Estate Negotiations? |
| I put an offer down on a house 2 weeks ago. It took the seller over 2 weeks to give me a counter offer and not only that, he raised the price. My original offer was very reasonable which was 1.5% ... |
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How fast can you evict tenants for non-payment of rent? |
| there are two guys living in my house exactly two months now and from talking with them, i know they plan to live further on without paying. What can I do?... |
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David M | My wife and i are interested in purchasing an investment property in Florida.? |
We are thinking of the Orlando area but don't know where to start as we live in Ireland. We see ourselves using the property for 2 weeks a year and would like it rented out for the rest of the year.
Is buying on a resort a good idea? Will they manage the rental of the property? How much do the typically charge for maintanance? Ideally we want the rent to pay the mortgage.
Any suggestions on the matter would be much appreciated. |
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Skeptic
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Buying land in the US is a good investment. You might consider purchasing stock in a company like Weyerhaeuser as an alternative.
One concern that I'd have is that Florida is wet and humid. If you are an absentee landlord, there is a great risk of damage to your property unless you use a property management company that is very reliable.
As pointed out in other posts, as the cost of oil skyrockets (see "Peak Oil") you can expect fewer vacations to distant locations, and may have trouble renting the place.
Also, within a 100 years, we expect most of Florida to be under water because of global warming. It's probably not going to flood for decades, but it's still a concern. Global warming is also going to increase the violence of storms, and some insurance companies are canceling policies in danger zones.
I suggest that you look at another part of the country that has fewer risks, or invest in stock with a company that maintains a large portfolio of land. |
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Chuck T
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Well with gas approaching $5.00 per gallon here in the states there won't be too many vacationing out of state this year so I would hold off... |
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Wicker Park Wears
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Florida is a lovely place to own property! My whole family lives there and I love visiting with hopes to buy later. You should just google any number of realtors in the area and email, talk, etc. to get a feel for them. |
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The_Swede
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Hi there,
This site might help you with your Orlando investment dilemma. It will also give you great ideas for other property investment opportunities
http://www.aplaceinthesunlive.com/property-investment/property-investment-in-usa
Thanks
Swede |
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Princess LovAngel
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i heard Florida taxes are high. and Florida is also becoming pretty populated. its really your choice though. there is also hurricane and tropical storm problems to consider. i would like to have a place in Florida because its beautiful there. but i wouldn't want to have the worry of my place being destroyed by a storm. |
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missjessica482
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DONT! Florida is horrible!!! its has the 2nd or 3rd highest forclosure rate in the country... do Georgia or South Carolina!!! SC has fantastic tourism on the coast and prices right now are great! |
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Preston B
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The values in Orlando have not gone back to the point yet where it makes sense to buy yet. About 1 in 10 homes in in foreclosure or going to foreclosure and with all the people desperate to rent out their investments rents have actually been decreasing in the Orlando area. If you are going to buy there are alot of things you need to think about like taxes and insurance which are currently very high in Florida. If you buy a $250,000 home you can expect to pay $1500 plus a year in insurance and around $4000 a year in taxes. Last report I saw had Orlando as the #2 worst realestate market in the U.S. only behind Miami. I would say wait till atleast 2010 unless you want to pay a 20% premium. |
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El Duderino
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it's not as lucrative a business as it used to be, but now is the time to buy; b/c it's a buyers market right now. Many 700k condos in Pensacola are now going for about 500k. At best you will just break even on leasing. The real invest is property appreciation.
Co-worker and i were just having this conversation about florida property awhile ago.
Orlando is probably good b/c you will get more year round business, although there is less demand during peak season, than say panama city, destin, or pensacola. |
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Fiersteh
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well, orlando is getting harder to live off with that kind of plan, live in someplace else other than FLORIDA... |
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BidCH.com - Free Auctions!
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Depend on whether you want to turn it into income property or you just want to break even.
Is buying on a resort a good idea?
Ans: if the # works out, and you can rent it out, anything will work. You can contact the local property management company for more advice. Since u want to live there for 2weeks, it may be a bit messy - not sure, consult a lawyer for how to draft the leasing agreement.
Will they manage the rental of the property?
Ans: Who are they? I think average property management cost less than $100 per unit. (Depends)
How much do the typically charge for maintanance?
Ideally we want the rent to pay the mortgage.
Ans: Depend on ur property conditions and the renter. |
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Raspberry Vodka
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I live in Florida and the foreclosure is destroying people over here. I would reconsider your location. Florida is not all that believe me. |
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OptimalOpinion
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Be aware of Florida investments, lately there have been allot of people cashing out of Florida real estate and no one has a good reason for explaining it (I think people are in fear of the coming hurricane season) as far as maintenance fees go they can be a nightmare, in my experience owning a condo in Hawaii, the maintenance fees doubled in four years time from two hundred per month to four hundred and seem to keep increasing yearly (there is nothing in any law book that can stop them from increasing indefinitely eventually exceeding your mortgage payment ) so be aware of that, the only thing you can do to check maintenance fees is see what the current reserve is for emergency repairs and find out what repairs are scheduled in the near future and if the reserve is available for those repairs if more will be needed, and the reserve isn't available, your fees will go up, as far as management of rental goes that is hit or miss and depends on the particular resort or association, but in most cases its a gamble especially in the current failing economy so don't depend on your rent paying the mortgage it is very possible that you may not be able to rent at all or no where near your mortgage rate (as in my case in Hawaii I can only rent for twelve hundred per month and my mortgage is twenty four hundred (maintenance fees being four hundred of that total) and even asking twelve hundred per month my condo has been empty for the past year, anyway I hope this helps ...good luck to you..... |
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frak1a12345
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My advice would be--DON'T. Rental real estate is a tough business without the extra conditions you want to place on it which I would say put it in the almost impossible category. |
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Marc Wojo
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don't rising ocean levels will wipe it out |
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