News about properties and real estate
If you work hard to put a roof over your head, then you will want to listen to what Dave Roodvoets has to say.With 35 years of experience studying hurricane damage, he is an expert on roofs, and, of special interest to Floridians, why they fail in windstorms.Roodvoets is a leader of the Roofing Industry …
Continue reading “HAROLD BUBIL: Florida’s newer roofs passed the Irma test”
Thinking about buying that cabin in the woods your family enjoyed over the weekend?There are two ways for determining how much cash you can afford to put toward a second residence solely for your personal use or part-time rental.The first is the asset method. Start by taking stock of your present wealth. Create a balance …
Continue reading “Tom Kelly: Second home? How to determine what you really can afford “
If you own a home worth $1 million, would it ever make sense to take out a reverse mortgage?The question arises because the maximum amounts that can be drawn on a home equity conversion mortgage – the type of reverse mortgage program available through the federal government – are based on the lower of appraised …
Realtor/homeowner Patricia Hanly has a collection of 350 teapots, most of them English and nearly all bought from the potters who crafted them in various villages all over Great Britain. She’s reluctantly packed away all but about a dozen in preparation for the sale of her cottage-style home on Bougainvillea Street in Sarasota. She and …
In 2005, everyone I knew was buying real estate. With no experience and no money, they bought properties they couldn’t afford and were convinced they were going to make a fortune.Unfortunately, it didn’t work out that way, and most of them now have a foreclosure or short sale in their past.Does that make real estate …
Continue reading “Should you be a landlord in your retirement? – MarketWatch”
A starting point with high-net-worth clients — especially those exploring real estate investments — is to emphasize that irrevocable trusts are an essential part of estate planning. This is not affected by the recent discussion of the possible elimination of all federal estate taxes. Even if irrevocable trusts are no longer created for tax reasons, …
Continue reading “The beauty of trusts for real estate investing clients”