I just replaced my old, creaky 10-foot slider with a 6-foot double-pane French door (with the mini-blinds inside the two panes). The door was $1500 from Home Depot and installation (including blocking off the additional four feet) was $3500. Looks great and much more energy efficient!
Excellent advice, thank you ! My attitude at this point is a small home, on a. small lot, 5+ miles away from beach at least, with home liability insurance only... Depending on other people only gets you screwed !
We enjoy visiting Lido Beach and Cocina Beach, feeding the squirrels, and just enjoying the beach life, but it does get really hot and then it's not even fun to even be in the shade. Have your own pool and shade area inland.
She's right about the beach. It's overrated. My first 20 years in FL, (1990 - 2010) I lived in luxury rental condos ($750 - $1400/mo.!) with direct ocean or Intracoastal views. I enjoyed the beach and Hollywood Broadwalk nearly every day for my very first six months, but the attraction wears off. And it's way too hot to be in the sun at the beach during the summer (mid-May to mid-Sep.) and the sun will burn you up in ten minutes. Evening and early AM is pretty decent though. I now prefer and enjoy the year-round heated-in-winter pool and social activities at the tennis club five mile drive away.
Best thing existing condo owners who bought as "investors" can do now is start lowering rents so that there isn't any inventory left. Better 12 months @$1,600 for a one bedroom, for example, then pricing it at $1,800 or more and have it sit month after month.
Thanks Barrett for your great content. I have a question. Since the condo market is crashing, will the prices of townhomes and single family homes go up or do you think with all that’s going on with Florida (insurance, HOA fees, taxes etc.) prices in ALL real estate will fall? I closed on my townhouse last month and am on the fence about buying and investing my hard earned money in a downturned market (currently in a short term rental). I truly value your opinion. Much love from West Palm Beach ❤
The snowbird plan seems too costly after considering property tax and HOA. I've been a FL resident for over thirty years. For the past 15 years, in a single-family, non-HOA golf course home, three miles from the beach. Getting ready to retire in a couple of years. Rather than own a second home, I plan to do a 1-month rental back in MA every summer.
Florida cities are gouging homeowners with $3-7,000 a year property taxes. Traffic is terrible in most areas. Mosquitos and humidity are terrible. I would NEVER move to Florida.
With a structural engineer's report. There are still many issues with reserves, roof structure, floodplain etc. I'm glad you've done well with your Marco Island condo but across the board and as a whole most have not.
@prettygirlus9008 I understand that, but that means those one and two story condos can be in financial trouble or have massive deferred maintenance problemd but not have to disclose.
Everything has to be disclosed that's a known material defect plus there's a condo questionnaire that will cover financials etc. And it doesn't matter how high the building is it's mandatory for a condo.@@rubyannr6898
Another great video……were the 56k canceled contracts Florida only?
This was based on five markets predominantly and three of them were Florida! Orlando, Jacksonville, Tampa.
I just replaced my old, creaky 10-foot slider with a 6-foot double-pane French door (with the mini-blinds inside the two panes). The door was $1500 from Home Depot and installation (including blocking off the additional four feet) was $3500. Looks great and much more energy efficient!
Yeah impact resistant is much more expensive.
Excellent advice, thank you ! My attitude at this point is a small home, on a. small lot, 5+ miles away from beach at least, with home liability insurance only... Depending on other people only gets you screwed !
Im in south fl 50 years, you are 100% correct , great honest advice
We enjoy visiting Lido Beach and Cocina Beach, feeding the squirrels, and just enjoying the beach life, but it does get really hot and then it's not even fun to even be in the shade. Have your own pool and shade area inland.
Good information ❤❤
She's right about the beach. It's overrated. My first 20 years in FL, (1990 - 2010) I lived in luxury rental condos ($750 - $1400/mo.!) with direct ocean or Intracoastal views. I enjoyed the beach and Hollywood Broadwalk nearly every day for my very first six months, but the attraction wears off. And it's way too hot to be in the sun at the beach during the summer (mid-May to mid-Sep.) and the sun will burn you up in ten minutes. Evening and early AM is pretty decent though. I now prefer and enjoy the year-round heated-in-winter pool and social activities at the tennis club five mile drive away.
hi, thanks for your videos They are very informative. please do videos about rental properties once snow birds are away during summer.
I'll get to work on it
I would love to see a rental video as well. My interest in Florida may come down to renting in an area first.
Excellent video
We SUB because we want the TRUTH....💪❤ Keep it up ! 🙏 (F the Whiners !)
Barrett what are your thoughts on Babcock ranch? 🤔
Best thing existing condo owners who bought as "investors" can do now is start lowering rents so that there isn't any inventory left. Better 12 months @$1,600 for a one bedroom, for example, then pricing it at $1,800 or more and have it sit month after month.
Thanks Barrett for your great content. I have a question. Since the condo market is crashing, will the prices of townhomes and single family homes go up or do you think with all that’s going on with Florida (insurance, HOA fees, taxes etc.) prices in ALL real estate will fall? I closed on my townhouse last month and am on the fence about buying and investing my hard earned money in a downturned market (currently in a short term rental). I truly value your opinion. Much love from West Palm Beach ❤
The snowbird plan seems too costly after considering property tax and HOA. I've been a FL resident for over thirty years. For the past 15 years, in a single-family, non-HOA golf course home, three miles from the beach. Getting ready to retire in a couple of years. Rather than own a second home, I plan to do a 1-month rental back in MA every summer.
No way, more like a slow leak. Check out West Palm Beach. Holding steady.
Florida cities are gouging homeowners with $3-7,000 a year property taxes. Traffic is terrible in most areas. Mosquitos and humidity are terrible. I would NEVER move to Florida.
my condo has went up in marco
If you would like to speak with me direct and lets solve your real estate needs, go to www.consultwithBarrett.com
The NJ people often wear those clothes everywhere 🤣... Having been one... Northern NJ... I know... 😉
LOL!
if you stay 3 stories under and new theres no issue
With a structural engineer's report. There are still many issues with reserves, roof structure, floodplain etc. I'm glad you've done well with your Marco Island condo but across the board and as a whole most have not.
It also means no oversight.
It's 1 & 2 story condos that are exempt from the new FL condo rules. Three stories and up must comply.
@prettygirlus9008 I understand that, but that means those one and two story condos can be in financial trouble or have massive deferred maintenance problemd but not have to disclose.
Everything has to be disclosed that's a known material defect plus there's a condo questionnaire that will cover financials etc. And it doesn't matter how high the building is it's mandatory for a condo.@@rubyannr6898
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