One of the keys to success with owning a rental property in Miami (or else were in the United States) is writing a great rental listing. The rental listing is more than just writing about how many bedrooms or bathrooms the property has, how it’s written will motivate a prospective tenant to want to visit […]
Owning a rental property is a great investment. However, just like any other investment there are certain risks as well. There are some rental properties that do not need much work while there are others that need the extra help to get the property in top shape. You can make it work by taking care […]
Florida Gov. Ron DeSantis extended a moratorium on evictions and foreclosures until September 1. The current moratorium is set to expire Saturday. DeSantis signed an executive order Wednesday to extend it until 12:01 a.m. on Sept. 1, 2020. Earlier, DeSantis signaled the possibility of the extension during a roundtable discussion in Orlando about the coronavirus […]
The 1.7 million Floridians who’ve been receiving federal unemployment benefits through the CARES ACT will get their last check this weekend. The Senate is currently debating a second round of stimulus funding in the HEROES Act, but it’s unclear what unemployment benefits it would include and whether the legislation will pass. This comes as we […]
US: As the state of Florida is hit by a second peak of the coronavirus, the closure of all short-term rentals in Miami Beach has got underway. The city put out an emergency order at 12:01am on Thursday, cancelling existing reservations and mandating properties stop accepting new guests. The policy is in keeping with the […]
MIAMI (WSVN) – Miami-Dade has opened up a rental assistance program offering help to residents struggling due to the pandemic. “The Emergency Rental Assistance Program (ERAP) provides a one-time benefit to assist with one month’s rent to Miami-Dade County low and moderate income households experiencing financial hardship as a result of the COVID-19 pandemic,” the […]
Miami-Dade County approved a $10 million rent relief fund for families impacted by the pandemic. The county commission voted to pass the Emergency Rental Assistance Program, which will provide a one-time payment to eligible renters. Families can apply beginning on Tuesday and ending Friday, July 17, according to a press release. To qualify, a renter’s household […]
An ambitious new plan to address Miami-Dade’s growing housing affordability crisis is the first of its kind to incorporate the COVID-19 pandemic in its projections and solutions. The Miami-Dade Affordable Housing Framework, which was unveiled July 2, lays out a detailed plan of action to stave off the ballooning shortage of rentals and homes priced within […]
With Covid-19 still a fact of daily life in Miami, and the rest of the United States, the big question is will investors still continue to buy rental properties in Miami even during the pandemic? People have long made the move to South Florida from across the Northeast to enjoy the Sunshine State’s favorable climate, […]
Are you planning on relocating in Miami, or know someone who is thinking about renting in the area? The good news is that thanks to the Coronavirus pandemic, rents in Miami area are the lowest that they have been in almost 10 years! The effects of the COVID-19 pandemic and subsequent economic instability are beginning […]