Potential flippers should understand the process of home flipping before jumping in. Some of the common unknowns include the tax benefits. In recent years, home sellers have experienced record profits as the value of real estate has risen dramatically. Bankrate indicates the median home price across the United States is around $486,000. Flipping homes gained popularity prior to the spike in real...
Building a real estate portfolio can provide passive income opportunities but also comes with challenges. Investing should be done strategically. Real estate investments can be an attractive way of boosting your income. However, getting it right isn’t always easy. Like anything, it requires careful planning and serious consideration before you jump in. With that in mind, let’s look at the...
Weeki Wachee was named by the Seminole Indians, meaning “little spring” or “winding river.” In 1946, Newton Ferry, who trained Navy Frogman to swim underwater, thought this little spring would be perfect for his new business. He experimented with underwater breathing hoses and their ability to help create the illusion of a mythical creature that lives underwater. Newton scouted and trained...
Typical homes in Florida are on the market 62 days. When homes sell faster, it can be a sign the market is less buyer friendly. The pace at which homes sell in the U.S. tends to ebb and flow over the calendar year, with homes selling fastest in the summer and slowest in the winter. But high home prices and mortgage interest rates are keeping many potential buyers on the sidelines. The median...
Insurance insiders are optimistic about the home insurance market in Fla., saying rates are continuing to stabilize. A major hurricane could change things though. Home insurance rates in Florida far outpaced inflation over the 18 months that ended on Dec. 31, but the rate of increase slowed in the fourth quarter of 2023 to its lowest point of the period. And many insurance insiders are...
A one-bedroom apartment in the proposed development would cost a low-income renter about $900 a month Disney’s first affordable housing project cleared a critical hurdle Tuesday — but just barely. Just when it appeared Orange County commissioners might turn down a proposed land-use change needed to develop 114 Disney-owned acres into a 1,400-unit multifamily housing project in Horizon West,...
ICON Park, which has grown dramatically since beginning operations in 2015, could see more expansion in the coming years, according to a report in GrowthSpotter. An application filed with Orange County on Tuesday revealed plans for a 409-seat entertainment venue, two hotels, and three proposed retail locations totaling over 38,000 square feet. The main component of that application is an...
Ovation would feature luxury hotels, dining and attractions, including a 175-foot-tall Ferris wheel One of the worst blighted areas in Orlando’s tourism corridor could be transformed into a sprawling new entertainment district called Ovation with luxury hotels, dining and attractions, including a 175-foot-tall Ferris wheel that can be seen from Interstate 4. “It’s going to be very cool,”...
A persistently contentious debate about regulating vacation rentals has escalated into a clash between two powerful industry groups after the Florida Legislature passed a measure that would significantly restrict how local governments can oversee such properties. The bill has drawn intense opposition from vacation rental management companies, coastal community leaders and Florida Realtors, an...
Maximizing the value of your property in Florida can be a complex and daunting task, but with the right strategies, you can increase its value and get the most out of your investment. Whether you’re looking to sell your property or just want to increase its value for your own benefit, there are several steps you can take to make your property more attractive to potential buyers and increase its...