by David A. Podgursky, MBA
Foreign Nationals looking to purchase 2nd home and investment properties in Florida need to look no further than the availability for Short Term Rental Permits if they want to have the ability to rent out their condominium, single family house, or townhouse when they are not using it much like they would find in a Condo-Hotel/Condotel.
M any cities have created a licensure process for property owners and developers that will allow a property to be rented more than once within a year and with rental commitments/leases as short as a few days to a few months.
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by David A. Podgursky, MBA
Trying to figure out where your college student will live while he/she is at school?
- Dorm is reserved for freshman?
- Frat house is only for parties?
- Off campus apartments are in terrible condition and expensive?
Consider buying an affordable housing condominium for your student instead!
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by David A. Podgursky, MBA
Diversify Diversify Diversify… that’s the mantra of today’s Financial Planner. Many people disagree with that quote - big notable investors like Trump, Buffett etc…
But that’s what we’re taught… diversification reduces risk and increases return over the long term.
But … when we’re talking about our Primary Residences and diversification, are traditional Financial Advisors barking up the wrong tree??
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by David A. Podgursky, MBA
The Palm Beach Post had an article ( link )this week regarding developers in Stuart Florida - the county seat of Martin County Florida. The city officials are bracing for an influx of developers looking for extensions on their development timelines.
Due to the market conditions they have been unable to continue their efforts to develop land that they purchased 2-3 years ago. Planned Unit Developments that are reaching the end of their original approved building timeline are now in jeopardy of ever being built due to the lack of financing available for new construction… and not just in Florida!
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More Florida Mortgage and Real Estate News You Can Use From
David A. Podgursky, MBA
TheMortgageGoToGuy.com
Your Source for Residential, Commercial, Investment and Relocation Mortgages in Florida
lorida Real Estate Development | Stuart and Martin County Florida
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