Featured Seller Story
Are You Allowed To Rent Your Fort Lauderdale Real Estate Home Or Condo?
There are a number of deals to be had in the Fort Lauderdale real estate market. Whether you are a first time investment buyer, or a seasoned professional, there are a number of criteria you will look at before you decide to purchase. The most important criteria, and the simplest question, is “Can the property actually be rented?”.
Due to the massive amounts of bank owned properties entering the Fort Lauderdale real estate market, many investors are looking for deals that they can purchase. Every investor has certain criteria they want in their investment properties. Unless you are going to hold the property as a vacation/second home or want to try to rehab the property and sell it quickly, the most important factor in deciding on an investment property should be that it is ABLE to be rented.
Many people think that when they purchase their investment property that they can do what they want with it. That is true to a certain extent. If you purchase a property located within a Condo or Homeowners Association, you agree to abide by the bylaws within that association. Investors are finding out that one of those bylaws is that the property cannot be rented, or cannot be rent until a certain amount of days or months after the purchase.
The reason some associations, particularly condos, do not allow rentals is because they feel the renters do not care for the property as an owner would, and renters are sometimes not screened well by the investor owners. The banning of renters was challenged in court by investor owners. After a rather long legal battle and a couple of decisions, it stands now that if you purchase a property in an association that does not allow rentals, you cannot rent. However, if at the time of purchase the association allows rentals, and then changes their rules, you may still rent if you were an owner before the rules took effect.
This poses a particular problem to sellers trying to sell properties in rental banned complexes and buildings. Many associations are being petitioned to temporarily allow renters until the Fort Lauderdale real estate market picks up again. Those request are often falling on deaf ears and we have not heard of one complex yet that has overturned the rules.
The bottom line is to make SURE that you and your Fort Lauderdale real estate agent know what questions to ask and check the documentation. A couple of cursory questions and a reading of select documents can mean the difference between a deal or a nightmare.
Featured Seller Headlines
Are You Allowed To Rent Your Fort Lauderdale Real Estate Home Or Condo?There are a number of deals to be had in the Fort Lauderdale real estate market. Whether you are a first time investment buyer, or...
Can You Handle The Truth Regarding The Value Of Your Fort Lauderdale Real Estate Home Or CondoAre you serious about selling your Fort Lauderdale real estate home or condo? I mean really serious. I don’t mean the “if...
Price Your Fort Lauderdale Real Estate Home Or Condo To SellSo your having a real hard time trying to sell your Fort Lauderdale real estate home or condo. You keep getting told by the your agent...
Painting Tips For Your Fort Lauderdale Real Estate Home Or CondoOne of the most popular do it yourself activities for homeowners or investors is interior painting. There is no easier way to put...
Fort Lauderdale Real Estate Market Population ShrinkingIncreased Inventory + More Foreclosures - Less People = more leverage for buyers. 26 of the Broward County’s 31 municipalities...
Why You Should Hire Me As Your Fort Lauderdale Real Estate AgentIn this current market, there are many Fort Lauderdale real estate agents who are wondering how they are going to survive. Many have...
Can I Be Your Fort Lauderdale Buyer’s Agent?As you’re visiting my site, I want to ask you formally if I can be your Fort Lauderdale Buyer’s Agent? I was taught long...
Fort Lauderdale Real Estate Home Improvement And Repairs: Water StainsIn a new series here at the Fort Lauderdale Real Estate Blog we will be tackling some home repair questions that we get from time...
How Will Fort Lauderdale Real Estate Be Affected By Hurricane Bertha?We learned this evening that Tropical Storm Bertha may indeed strengthen into the first Atlantic hurricane of the season. The Atlantic-Caribbean...
When Renovating A Fort Lauderdale Real Estate Home Or Condo Know Your ContractorIf you are buying bank owned property in the Fort Lauderdale real estate market or if you are renovating your current home or condo...
Selling A Home In The Fort Lauderdale Real Estate Market for More MoneySelling you home in a down market can be quick and easy if you are prepared to do what it takes to entice buyers. It really is that...
An Open Letter To All Fort Lauderdale Real Estate Area Homeowners In ForeclosureIt’s bad enough that you are in a predicament like foreclosure. The pain and frustration of not knowing what to do can be maddening....
Coral Ridge Isles Homes for SaleOne of the communities that you may want to look at is the Coral Ridge Isles neighborhood of the Fort Lauderdale real estate market....
Fort Lauderdale Real Estate Condominium Market Report And News For May 2008Check out the news regarding the local condominium sales activity. This information is very important if you are looking to buy or...
Fort Lauderdale Real Estate Market Report And News For May 2008Check out the news regarding the local sales activity for the market. This information is very important if you are looking to buy or...
Your Fort Lauderdale Real Estate Home Or Condo Not Selling? We Can Help!Have you been trying to sell your home and have not had any luck attracting a buyer? Have you been working with a phantom real estate...
5 Tips for Selling a Fort Lauderdale Real Estate Home Or Condo in a Slow MarketFuhgettaboutit! The days of selling homes by just putting a sign in the ground is over. Here in the Fort Lauderdale real estate market,...
Fort Lauderdale Real Estate Free Email Home ValuationThe Fort Lauderdale real estate market is quite volatile right now. Knowing what your home is worth is important information to...
The 7 Dangers of Overpricing Your Fort Lauderdale Homes or CondosThe 7 Dangers of Overpricing Your Fort Lauderdale Homes or Condos When looking to sell, overpricing your Fort Lauderdale Homes or...
Selling Your Fort Lauderdale Home Or Fort Lauderdale Condos -Is YOUR Fort Lauderdale Realtor Ethical?When selling Your Fort Lauderdale Homes Or Fort Lauderdale Condos, do you know if your Fort Lauderdale Realtor is considered ethical...
The Local Scene
Featured Neighborhoods
Las Olas may be the most prestigious and exclusive neighborhood in all of Fort Lauderdale....
Sleek elegance and a futuristic style of architecture make La Rive one of the most...
Rio Vista, is a luxury, upscale waterfront home community on the southeast side of the...
Harbor Beach, is a luxury, upscale waterfront home community on the southeast side of...
Wilton Manors homes for sale in Wilton Manors, Florida. Wilton Manors is an island city...
Located in the northwest corner of Broward County, this suburb of the Fort Lauderdale...
Lauderdale By the Sea is a beach-front city in just north of the Fort Lauderdale real...
Imperial Point is located at the north east end of the Fort Lauderdale real estate market...
View Information on More Area Neighborhoods
View My Trulia Voices Answers
I love Trulia Voices. It allows the consumer…the prospective home buyer or seller to obtain information...
Fort Lauderdale Real Estate Agent
Hot Bods, Big Name Fashion Designers, Celebrities, The Beach, What Else Do You Need
Did you miss it? Many fashionistas here in South Florida are just recovering from this past weekend’s celebrity fashion show blow out. Yes, the parties went on ALL night, ALL weekend.
Our trendy, chic, neighbors to the south turned up the heat this week with a dazzling display of hot bodies, big name designers and red-carpet celebrities at the Mercedes-Benz Fashion Week Swim.
If South Florida needed any extra sizzle this past weekend it certainly turned up the heat with an invitation only bash that had many an eye popping and many a head turning. Beauty was everywhere. The only thing missing was Hugh Hefner himself.
The Mercedes-Benz Fashion Week Swim is presented annually in Miami Beach, Florida, at The Raleigh Hotel. Known worldwide as “South Beach”, SoBe is located just 40 minutes south of the Fort Lauderdale real estate market. This was the fourth year of the event and it did not lack in star power whatsoever.
The MB Swim event coincides with the swimwear industry’s largest trade show, the invitation only event provides a runway platform for designers’ swimwear and resort collections with exposure to national and international media, style setters and fashionistas. Fashion, beauty, supermodels and celebrities come together in South Beach to celebrate the sexiest swimwear designs in the world.
At the opening party Thursday night, Pharrell Williams’ protege, Teyana Taylor, of My Super Sweet 16 and the song Google Me fame, was performed at a swimwear show from Diesel.The roster of celebs included local bad-boy Dennis Rodman, Jessica Simpson, Ashlee Simpson-Wentz, Kim Kardashian, John Stamos, Craig David and Tyson Beckford.
But it was the weekend-long tidal wave of parties hosted by designer Christian Audigier that had the paparazzi buzzing.
The French stylist is brought in celeb DJ Samantha Ronson for a Hotel Victor party Sunday night, and although I did not see her it was said that Ronson’s gal pal Lindsay Lohan was in the house as well. Of course, what would a So Be event be without it’s usual supply of ballers. NBA-ers Tracy McGrady and Shaquille O’Neal were on hand as well.
I won’t say that the evening “closed” with hip-hopper Lil Jon to spinning the beats for Audigier’s mammoth catwalk show Saturday night, but it did cap what was another amazing event here in South Florida.
Hope to see you there next year. Just living the dream in the Fort Lauderdale real estate market. Why don’t you join me!
video: courtesy Sun Sentinel
sources: SunSentinel | Mercedes Benz Fashion Week Swim
