by: Paul Howard, President Florida Landlord Network
It is our practice at The Florida Landlord Network first thing in the morning to review the list of new members who Registered at our website overnight. These names are carefully reviewed and vetted. You’d be amazed at the number hacking attempts we thwart every day.
Next, our system automatically sends an email to the new member with a short outline of the services we provide.
Late yesterday morning I took a phone call from one of those new members. She was very nice but insisted there had to be some sort of catch. After all, how can we provide all that we do at no cost?
It was during this conversation that I realized what a poor job I have done in explaining exactly who we are, what we do, and how we pay the bills.
The U.S. Environmental Protection Agency announced agreements Tuesday with two Denver-area contractors over alleged violations of lead-based paint rules covering renovations of homes built before 1978.
KSK Builders LLC agreed to pay a $2,000 penalty for doing renovations without proper certification or establishing required compliance records. The EPA said HomeWrights, LLC also did renovations without proper certification, without a properly trained renovator and without compliance records. That company agreed to a $9,400 penalty and has since been certified under the Renovation, Repair and Painting (RRP) Rule.
Rental BHConventional wisdom has long suggested that renters rent because they can’t afford to buy homes. But Zillow has posed the question of whether renters are renting out of necessity or choice.
Zillow’s latest look into homeownership rates found that almost 14 percent of renters are qualified to buy the median property in their market, based on income and credit rating.
Silicon Valley renters are especially in a position to buy, despite living in the nation’s most expensive home ownership area. San Jose, in fact, was the only large market Zillow analyzed where the share of on-market renters with strong credit and high incomes exceeds the share of those with weak credit and low-incomes.
In most places, Zillow senior economist Aaron Tarrazas said, were high-earning renters with relatively low credit scores.
Pete Pollinger and his wife, Julie, are relocating from Boca Raton to Melbourne, a city of about 70,000 on Florida’s Space Coast, named for its proximity to NASA rocket sites at Cape Canaveral and the Kennedy Space Center.
They weren’t just hunting for a place to live. As they get ready to move this year, they’re also looking for single-family homes they can buy, fix, and rent out.
“We want to be more in control of our financial destiny,” said Pollinger, 51, a computer systems consultant. “As far as traditional investments go, we have less control of what really happens to those.”
He and Julie hope to build a portfolio of about 10 homes, buying when they see good value or selling a fixed-up home when the market presents the opportunity to take a profit.
Metro areas that experienced more foreclosures during the housing bust have seen a larger increase in the share of single-family homes that are rented, according to a recent report from Zillow. The increase in the share of single-family homes that are rented has shown to be most prominent in the Southwest United States.
BOSTON – Three N.H. companies – two residential property owners/real estate development companies, and a company hired for renovation work – face significant penalties from EPA under two civil complaints filed by EPA alleging that the companies failed to follow federal lead paint regulations at a commercial and residential property in Manchester.
In the first of the related actions, EPA has issued an administrative complaint against Brady Sullivan Millworks II, LLC and Brady Sullivan Millworks IV, LLC (Brady Sullivan) of Manchester N.H., seeking a penalty of $139,171 for alleged violations of the Real Estate Notification and Disclosure Rule and the Renovation, Repair and Painting (RRP) Rule. In the second of the related actions, EPA has issued an administrative complaint against Environmental Compliance Specialists, Inc. (ECSI) of Kingston N.H., seeking a penalty of $152,848 for alleged violations of the Renovation, Repair and Painting Rule. Both cases are being brought under the federal Toxic Substances Control Act (TSCA). The alleged violations occurred at a residential and commercial property located at 195 McGregor Street in Manchester.
An Anaheim-based company has been fined nearly $60,000 for failing to comply with federal rules regarding lead-based hazards when painting and repairing properties built before 1978.
Clearview Home Improvements, which operates as Clearview Home Energy Solutions, performs energy-efficient home improvements, such as installing windows and vinyl siding. An inspection by the U.S. Environmental Protection Agency found that in 2013, the company failed to meet federal standards while working on homes in Huntington Beach, Mission Viejo and several cities in Los Angeles County.
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