Comments by "" (@commonsense6967) on "Michael Bordenaro" channel.

  1. I would never buy ANYTHING again with a HMO. No accountability for HMOs, plus draconian rules owners must follow. No thanks.
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  2. Closing the border would fix A LOT of things.
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  3.  @timothyloayza6789 I'm a boomer not sellingmyhouse. My kids live across country from me, in two dumpster-fire bigcities with lots of crime, and rent their houses at exhorbitantly high rates to have room and yards for their kids! I love them, but would NEVER live with them, lol!
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  4. Ever since 1980, I've sold my own houses. I read a book, "For Sale By Owner" that came out then, and followed it carefully. And since I was willing to "split" what would have been a realtor's fee, I sold them quickly, because my houses were priced more competitively than the MLS ones were. Win-win for both buyer and seller!
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  5.  @andrewgleason586 But illegals in CA drive with no insurance, and my daughter got hit by one! It totalled her car, and she was outof luck.
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  6. Nobody is screaming for a rate cut, because rate cuts add to inflation rate!😮 (DUH!)
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  7. Thank Joe Biden for that, lol.
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  8. But isn't Maine a "liberal" state?! There's your answer.
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  9. SO TRUE, lol!!😂
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  10. Good for your parents! After having insurance for 35 years on the same house in N. FL (not on a beach, LOL!) I decided a year ago that paying these increasing rates was a ripoff, and I'm now self-insured. I've had ZERO insurance claims or damages of any kind that would even come close to meeting a deductible in 35 years now!❤😊
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  11. Well...I paid for my new roof on 3 credit cards a couple of years ago, but mostly because they all offered 2% rewards (which means, a 2% reduction in 25K roof price!)
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  12. That's exactly what my State Farm Insurance Agent told me 5 years ago! File a claim, get dropped!
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  13. FL was full 40 years ago'
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  14. I think I would've gone to the police with the evidence as soon as I found out where the $$ was going, but each state probably has their own laws about fraud (and theft, both of which this situation involved.) BTW, IMO, this is what often happens with HOAs, and not just condos, either.
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  15. They're OK as lawn mowers.
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  16. Get ready for inflation to go evenhigher!
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  17. But George Carlin was in it, lol!😂
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  18. Well, no loss. We definitely do not need more people moving here!
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  19. ⁠ @markme4 I've lived in FL most of my life; not leaving. But I'm in N FL, which isn't nearly as expensive or crowded as south of here.
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  20.  @robertbrost7777  I'm leaving my house to my 3 kids, and I'm pretty sure they'll sell it and split the proceeds 3 ways. Giving them a nice down payment for their own homes. Or whatever...
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  21. I don't think property taxes have gone up in FL more than anywhere else, unless it's as a result of newly-purchased property, which always gets reassessed to the updated value.
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  22. Small mom and pop landlords do NOT have to rent to Section 8 tenants. I looked into this years ago, and it's a huge added hassle to rent to Section 8 tenants, so I've never done it. For example, the house I was offering for rent was built in 1954, and therefore accprding to Section 8 rules, I eas going to have to strip off all paint and re-paint with acrylic paint, even though whatever lead paint that had originally been used had long since been painted over with acrylic already! This would be an absurdly high cost to me, even 20 years ago. And as far as I know, my renters since then, all adults, aren't interested in taste-testing the paint chips, lol.
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  23. We'd choose Capitalism, and first get rid of what we have--CRONY Capitalism, which isn't Capitalism at all!
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  24. I'm in N. FL, have been here for years, and unless you have a house on or near the beach, homeowners' insurance not going up except in single digits here (for now.) Property taxes cannot go up more than 3% per year, that's FL law. BUT, new buyers need to stop confusing that fact with the property valuation readsessment that will happen the Jan. 1 of the year following their home or property purchase. THAT reassessment is based on the PRICE they paid for the property. So...if you bought your house from someone who had owned it for many years, your reassessment will probably be MUCH higher than the taxes the previous owner paid.
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  25. I did the same as your mom, after paying homeowner's insurance for 30 years without needing to make a claim in all those years! I just wish I had terminated my insurance sooner, and I'm in FL.
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  26. I'm retired, and am rarely bored.
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  27.  @gregs8685 Thankfully, we do not live in a Marxist gulag where you would probably be required to insure your house even IF it was paid off!😮
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  28. Good luck, and it's quite possible to pay for homeowners' insurance for 33 years like I did, and never make one claim...but it was a reasonable and prudent expense then. In the last two years, homeowners' premiums for my older house have tripled!! It no longer makes sense to insure it, so this year for the first time, I'm not. Actually, I'm self-insuring, but I admit I'm a bit nervous, because it is FL, and we do have a hurricane every so often.
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  29.  @gregs8685 Maybe because after they've lived in the hone for 35 years and never needed the insurance, they'd prefer to spend their money in other ways than on insurance?!
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  30. ⁠ Actually, I let my homeowners' insurance go after paying for it and making no claims in 35 years. Now I'm self-insured, I pay my "emergency fund" what used to go for my premium. (I have no mtg.)
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  31. I inherited 2 lots in NC in a golf course retirement community. I've unsuccessfully tried to sell them several times over the years with no success, using realtors who charge 10% commission, and as far as I can tell, they do NOTHING to market them! I would attempt selling them myself if I lived in NC, and I may have to list them on ebay. What a ripoff most realtors are! And btw, ALL realtors in Franklin NC charge 10% of the selling price of a property! And the state of NC requires that any real estate sale/title change MUST be done by an attorney!
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  32. Me too, though I splurge on my grandkids!
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  33. Self-insure. I think we can allsee where these increases are headed.
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  34. It'scalled inflation.
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  35. We don't all pay high property taxes. I'm in N. FL and my homesteaded house, which is on 2 city lots, only one of which can be homesteaded, was still less than 4K last year. THE ONLY TIME FL PROPERTY TAXES JUMP MORE THAN 3% per year ON HOMESTEADED PROPERTY is ONCE per owner, the January AFTER you purchase it, because that's the only time it will be RE-ASSESSED. That said, I've been in my house 35 years now! (Lots of years for my taxes to only go up a maximum of 3%.)
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  36. True! My daughter's car was totalled by an illegal alien with no auto insurance ten years ago in L. A.
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  37. Condos in N FL were selling unbelievably cheap in the last FL RE crash, circa 2008 or so. As low as $35K! The next crash is coming soon...
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  38. I'd had only one auto insurance company for 50 years(!) and have a good driving record. When I called the agent to tell her I wanted to drop one of the coverages, she told me it would make no difference in premium price--even though it clearly states the added cost right on the premium due notice. I immediately switched to another auto insurer, got the same coverage minus the one I wanted to drop, and that reduced my premium cost by $150. My old insurance agent lied to my face! Now I have 6 months' coverage for a little over $300 in N. FL, so I'm happy.
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  39.  @cassandrawright-mq5kp  Educate yourself. Read the Constitution. And when Benjamin Franklin (founding father and signer if the Constitution) was asked "what kind of government have you given us?" He replied, "A Republic, Madam, if you can keep it".
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  40.  @Gypsygirl9 It makes no sense.
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  41. I'm in N. FL, and just paid an annual State Farm insurance payment for a 3 BR, 1 BA rental house that I've owned for decades. Total annual cost is still just under 1K. That includes a 10% hurricane deductible, though. Perhaps your mom needs to self-insure. That's what I'm doing with my homesteaded property.
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  42. You are correct. Self-insurance is the way to go these days. After 34 years of FL homeowners' insurance, no claims, no damages from weather, and a new roof, I decided paying for it was not the best option. BUT, I willbe putting aside the equal of my old insurance premium every year, just in case the unexpected happens.
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  43. Time to write your ungrateful kids out of the will! My adult kids have never asked me for anything, but I had a brother who stole from my mother, especially when he was doing drugs.
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  44. I think it's less advisable with each passing year, though.
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  45.  @JMarquise94 Well, why don't you start your own business, if you're so smart and well-qualified, then?!
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  46. Michael, you have lovely grandparents! Thank them for us for the informative interview. And their Venice neighborhood is beautiful.
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  47. Exactly. Problem solved.
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  48. Michael, maybe the "friendly home buyers" who advertise on radio and mass-mail unsolicited lowball offers to buy houses might be interested in buying the old condos! They advertise they buy " in any condition", lol!
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  49. FL has always had empty houses for half the year, because of snowbirds. Sometimes it moght be an empty condo or mobile home.I wouldn't be durprised if squatters moved in tp some of these places, as they might not be discovered by the owners for months.
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  50. I can't imagine who'd buy a FL condo, what with all the new assessments and high fees.
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  51. Michael, FL law allows a homeseller to make $250K in profit before they must pay any capital gains. (Last I checked.) And Rudy Giulliani is happy that FL law also allows homesteaded property to be non-bankruptable.(So he is able to keep his FL condo.)
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  52. What can they do? Insurance companies have to survive, or they leave the state, as hundreds have already done.
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  53. But kids are the best thing in the world, if you raise them right.
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  54. Your problem: You're in CA.
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  55. Yeah, that happened in my corrupt Democrat-run FL city, too!
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  56. That's why the borrower is slave to the lender.
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  57. Hey, they could've fired him instead. Or the company might've gone out of business. No one should buy a house contingent onbeing able to work remotely.
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  58.  @valerierogers9609 Trump says he wants the compact cities built.
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  59. If the government declares eminent domain, they MUST pay you fair value for what your property is currently worth.
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  60. That'd be great, but FSBO is the best.
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  61.  @ItalianStallionTV I've never even worked for an insurance company, and infact dropped my homeowner's insurance after paying premiums for 33 years, and never even made a claim! Pay off your mortgage and self-insure! Don't live near the coast. Make insurance premiums irrelevant.
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  62. IMO, older cars are usually more reliable and cheaper to fix than newer cars, and they last longer, too. But I'd never buy a car (or any other depreciating asset) on credit. Cash only!
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  63. Michael, boomers selling their investment rental house(s) will be more likely than selling their homesteaded property. And we boomers never even had first houses as big or as new as the old rental house(s) most of us may have now! Plus, we put in significant "sweat equity" into those old houses. Young adults today want to buy their "dream house" first, and one requiring no sweat equity! (My own kids, in their 30's and 40's are like this.) That's partly why they're still renting!
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  64.  @deropol05 No, the land under a house is owned, and the owner can sell it.
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  65. That's exactly what people used to do! Families, actually, because many hands were needed. My grandparents did this inthe 1920's, then when he and his brothers were finished building his house, he helped his brothers build theirs! I still remember that cool old house with a wide veranda and rattan and wicker rockers😊
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  66. But that's par for the course if you live in a Democrat state and city. (Both together are the worst of all possible worlds.)
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  67.  @wkworthington3501 Yes,same as when an unmarried couple buy a house together. Whatcould possibly go wrong, lol! Lawyer's love it.
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  68. I've lived in FL most of my nearly 72 years, and not going anywhere. Own a home and a rental house. Insurance is not an issue for those who self-insure, and my experience has been 0 claims filed in 35 years of paying for homeowner's insurance. Decided to self-insure from here on out for my home (not the rental.)
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  69.  @MrBoone12350  Citizens has been around since before DeSantis was even born! Yes, it's socialism/Communism, and we FL residents should just self-insure, if possible, to avoid it. But it definitely isn't DeSantis' fault that it exists.
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  70.  @bobmarshall3700 Gas is $3.65 per gallon in FL (give or take.)
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  71. Squatters are not same as tenants. In FL, landlord-tenant law provides a due process civil court procedure that you follow in order to get a non-paying or destructive tenant evicted, by police, if necessary. Takes about 3 weeks, total.
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  72. I'm a boomer with 3 grown kids, 2 of whom are married with kids. NONE of them own houses, they rent houses, two of them in ridiculously overpriced cities on opposite sides of the US from me, here in FL. Houses sell for around $800,000 minimum where they are, and even with parental help with a down payment, they cannot qualify for a mortgage in those cities, nor do I really want them to! But they seem happy where they are.Still, they have sort of impoverished themselves by choice, because they could move to much less expensive states and afford to buy. (Not to mention, better states in which to raise and educate their kids.) Still, the two oldest are in their 40's now, so I worry that they will eventually be saddled with a mortgage when they retire! Or worse, still be renters!😮
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  73. I let my homeowners insurance go, after concluding that after 34 years of having it and never making a claim, I'd be better off self-insuring. I'm in FL, too.
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  74. IMO, condo sales prices will collapse!! Look out below!! (That's what happened in the 2008 era!!)
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  75. My State Farm agent once told me flat out that if I ever made a claim, they'd drop me! She was referring to homeowners' insurance.
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  76. Why would you want to screw yourself like that?!
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  77.  @timothyloayza6789 Nothing wrong with kids splitting rooms. My grandsons did, prior to each having their own room. You make a lot of invalid assumptions.
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  78. No, the STATE property tax assessment cannot go up more than 3% per year, Michael. The big increase is your county/city big-spending commissioners and mayors (Democrats, of course) who are allowed to raise your LOCAL taxes for ridiculous add-ons. You need to change this locally.
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  79. True, I'd no longer have to charge tenants for the exhorbitant taxes my city charges on rental property, which is allowed to go up as much as 10% per year!! Ridiculous!😮
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  80. OK, but a developer seeing an opportunity is hardly the same as setting fire to a building. But it will be interesting to see which corporations are allowed to buy up the Maui land. Or whether the governent will only allow the land to be re-wilded and exist as a "monument", like the Twin Towers/Ground Zero. And the CA wildfires, which almost killed my daughters' horse, demolished homes and businesses. These were "set"fires, IMO. (She disagrees.) The WEF seems to be advancing their population concentration plan of, originally, Agenda21.
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  81. I'm old and I still like checks for some things. You can't even pay your property taxes without a check, if sending by mail. And over the phone not an option, unless paying an additional 3% for using a creditcard.
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  82.  @landmark22  I grew up in S. FL in the '50's and '60's, when it was uncrowded and affordable. Would NEVER live there now. Wall to wall condos and cement. As Joni Mitchell sang, they paved paradise and put up a parking lot.
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  83. I'm not Michael, but I live in FL. As evidence the state is econoically sound, we've got a 2.5% UE rate as of a month or so ago, and the state pension fund does not allow ESG investing, so it is managed well and, unlike many other states, the pension fund is almost fully-funded. FL law requires a balanced budget every year, so state government has very little debt. As for all the "national" issues you mentioned, they are everyday real living/working/family issues in everyone's daily lives, and we are fortunate that we have a brilliant and freedom-loving governor and legislature that took them on in a way that was constitutional and fair. As a result, life in FL has been greatly enhanced in ways that other states can only wish for. That said, as in ALL Democrat-Marxist-run cities everywhere, crime and illegal migrants and drugs, especially Fentanyl, are problems in FL big blue cities that are getting worse. Gov. DeSantis even tried to do something about these, too, as you know, but open borders/Mexican drug cartels/illegal immigration, etc. are problems that probably won't be solved till DeSantis becomes POTUS in 2024, God willing.
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  84. If that were to happen, your HOA fees would go even higher!
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  85. My oldest son and his wife waited to have their first (and only) child until they were 40 and 43---despite having been married for 10 years st the time! Don't wait...nobody ever really feels they can afford to have a baby.
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  86. DeSantis will ship them to Martha's Vineyard or CA, just like he did before!❤
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  87.  @ssoffshore5111 I grew up in S. FL in the 1950's and 1960's. By 1980, it had grown way too big and was full of shady grifters and scam artists, in addition to all the retired who lived there. It hasn't been habitable since then, IMO. But that's mainly SOUTH FL.
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  88. Except that in FL, lots of wealthy senior citizens would mot be paying property taxes, then. Burdening their children and grandkids unfairly.
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  89. CA is twice the size of FL, so I HOPE FL never gets as populous as CA (though half of CA's pop. are illegals.)
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  90. They don't. Fact is, if you have a mortgage, it's the lien-holder's property until you pay off the mortgage. (So do it!😊)
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  91. That's great! But he is being productive and not living with you like a leech. You and he are lucky!
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  92. My son and his wife, ages mid-40s, have an adorable 2 year old--my third grandson and their first and only child. (They are great parents!)
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  93. Michael, it depends WHERE you live in FL. I'm in N. FL, and recently switched auto insurance. Now I'm only paying $303 every 6 months.
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  94.  @jimshoe402 That's just plain evil!
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  95.  @CHMichael  Self-insurance is the wave of the future in FL.
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  96.  @gregorylyon1004  FL pensions are half what they are in NY or CA, so not hardly.
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  97.  @KS0102  Yes, because we are many years already down the wealth redistribution rabbit-hole.
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  98.  @CaptainOverLoad HOAs aren't heavily regulated in FL because it is up to the buyer whether or not they choose to buy an HOA property. I chose not to. But those who choose to buy an HOA property make that choice. It would not be fair to allow buyers to opt out, because they, by choice, also enjoy the privileges of the HOA (upkeep, maintenance, etc.) I hate HOAs. BTW, The Villages is a huge HOA development where the HOA mandates everything, and most of the people there love having the HOA ensuring conformity and upkeep.
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  99. Yeah, me too. Downsizing is horrible, anyway, IMO.
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  100. Don't buy a house, especially a first house, unless you pay cash for it. Then you can self-insure. And stop voting for all these LOCAL city and county government Democrats who ALWAYS vote to increase your property taxes!
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  101. I'm in N. FL, and State Farm still covers my rental house for less than $1K per year. But after 34 years of paying them for my homeowners' insurance and never making a claim, I dropped it and am self-insuring with the premium savings. ( I always had a big deductible, anyway.) I would never try that with an investment rental house, though.
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  102. Wrong about there being no regulation on FL condis/HOAs. Read the FL Statutes. 40 years ago when these condos were built, state government rightly expected THE CONDO OWNERS--and their fellow HOA owners, who they vote on to manage the condo--to govern themselves and assess adequate fees for ongoing maintenance --JUST ASIF THEY WERE ADULT HOMEOWNERS--IOW, like all other citizen taxpayers. Those ARE the condo/HOA regulations, and no more are needed or constitutional!! It is unconstitutional to expect the government to assess extra taxes on all FL taxpayers just to unconstitutionally "govern" a bunch of irresponsible childish cheapskates! But I agree with you 100% about everything else you said.
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  103. Stay safe. Get in the middle room of your house with no windows (bathroom in my house) and ride out the storm. That's what I've done for hurricanes, so far so good.
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  104. I actually had a 10.5% mortgage interest rate on a 15 year mortgage back in '89! We were quite stretched to make that payment, but I managed to pay it off 5 years early. (I'm still in the free-and-clear house today.)😊
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  105. I agree with that. It's too hard to make much of a profit renting out houses today, what with the inflation and high costs of maintenance. However...every time I think of paying the capital gains on the rental sale, I figure I might as well leave it to my kids, who'llpay zero in capital gains at my death.
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  106.  @ripvanrevs That's most of the flips, unfortunately.
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  107. I always thought the "death" in " mortgage" was the mortgage's death, when you paid it off! If I remember, "amortization" means to kill the mortgage.
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  108.  @dmavs4131  Exactly. And most people have no idea how much of a blessing a paid-for home is, especially in retirement.
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  109. N. FL sits on top of the greatest fresh water supply in the US, if not the world! The Floridan Aquifer, which is most of N. FL's water supply. Won't be running out anytime soon. But in S. FL? Yeah, they're screwed.
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  110. Part of the problem is that the birth rate in US has fallen below replacement levels. Young people today have too few numbers of workers coming after them to provide SS for them in old age
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  111. The taxes the landlord has to pay on the property are too damnhigh, too.
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  112. Do you not understand that on a bankruptcy situation, there's no one to sue? And the dementia-ridden 96 year old does not understand her original contract, anyway!
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  113.  @Islandadventures111 Only in a Democrat-Marxist state, though. Not FL.😂
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  114. I sure hope you aren't in FL! Mobile homes are always demolished in a hurricane.
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  115. Houses won't drop 50% in FL, except for certain cities like Tampa (maybe) and Bradenton, Cape Coral, and a couple other counties/cities that crashed in 2008.
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  116. I don't see rents going down where I am in FL. One reason is that every year, property taxes on rentals are allowed to rise 10%, while insurance can go up exponentially.
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  117.  @benjamindover4337 Don't complain when there's no store left in your community. That IS the WEF/Democrat method behind the madness of their idiotic laws.
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  118. I live in N. FL, where pay is not high. However, rent is much cheaper than a lot of other places. I rented out my (old) 3 bedroom rental house for last year at $1280 per month! But because Democrat-Marxists run our city and county, the property taxes are increased 10% on non-homesteaded property per year, forcing me to pass on those costs to the renter! Next year the rent will be higher.
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  119. I did something similar. Back in the '80s I took the R.E. Salesman exam while living in Pensacola, and was licensed for a few years,though I never tried to sell real estate, just my own investments and personal residences. I've sold quite a few FSBOs, and I'd never consider allowing a rental agency to rent my (one) rental house out, as their commision is 10% of the rental amount, and they don't care who they rent it to, as long as it's breathing. But someday I may have to, I'm in my '70's now, and showing property myself is not as safe as it was decades ago.
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  120. Yeah, it's super-dumb to rent out a house either long OR short-term without insurance.
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  121.  @7DMEDIA1 You can't be serious! Did Trump do anything about taxes for the middle class before? NOPE!
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  122. This sounds like a cartoon.
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  123. There are plenty of properties not in HOAs in older neighborhoods all over north FL. Older neighborhoods will never have HOAs, because theycannot be established if they didn't exist at the time the house you purchased was built. IOW, if it's not in your contract/deed.
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  124. That was exactly the case with my mother, who had Alzheimer's and I had to put her in Assisted Living Memory Care. I have NO idea what I'd have done if she hadn't had the money to afford this, because I had to work! So while I hope to have funds to leave my kids (and, in fact, help them now) I have to provide for unplanned end of life conditions and a potential care facility, because I don't know what the future holds and I cannot expect to lean on them for care or living arrangements.
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  125.  @wolcottwu756 I hate to disappoint you, but most seniors don't end up in nursing homes, or even assisted living. It's quite common for old people to die at home.
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  126.  @MichaelBordenaro  Miami, and all of S. Fl, really.
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  127. I think the legislature did outlaw assignments of benefits from homeowners to businesses a few months ago, as certain roofers and dishonest homeowners created the rip-off of insurance companies, apparently.
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  128.  @TheJAXguy Well, DeSantis has a bill in the FL legislature now to limit the max. terms of city commissioners to 2 four year terms, which should go a long way (if it passes) towards ending the fiefdoms of these Marxist big spenders in all of the counties and cities, who keep getting re-elected each yearfor decades. I wish it covered mayors, too. BTW, I love Pensacola! Lived there many years ago, also on Pensacola bay.❤
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  129. If you're in FL, Citizen's HAS to insure you, if you cannot find insurance elsewhere.
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  130. My kids, all born in the 1980's, never asked to live at home after they went off to college, around age 18! (And neither did I, at their age!) They are all married with jobs and families, except that the youngest lives with his longtime g.f. and (thankfully) has no kids yet. Two live in ridiculously high-priced cities, Portland OR and Los Angeles, and I hope that soonr or later they'll figure out that they'll never be able to afford to buy houses there and move to somewhere with a better quality of life.
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  131. Thank goodness that FL recently outlawed the use of ESG in FL. Outlawed by statute.
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  132. When you vote for that, why is anyone complaining about higher property taxes?
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  133.  @Ethan-bu2zy Left side is known as the dumb-bells.
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  134. Not necessarily. A lot of modern medicine is worse than no medical care.
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  135. It's all part of the plan!
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  136.  @nellyjohnson7316 Oh, give me a BREAK!! Stop the BS!
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  137. Yes, Citizen's is a socialized (and unfair) holdover from years ago, when FL was a purple or blue state. We in FL are ALL paying for it, subsidizing the insurance for people CHOOSING to live in condos and houses built on or near the coast, unfortunately.
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  138. I worked in a couple of FL state agencies for a while, and for the most part, it's not true for the agencies I worked for.
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  139. Wr don't have individual SS trust accounts and never did.
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  140. Not in FL, where parents have rights.
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  141. BS. I'm in N. FL, and even with a homesteaded house on 2 lots, only one of which qualifies for homestead exemption, my property tax bill was $4,150 paid in Nov. (4% discout.)
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  142. ARMS were never even allowed till the 70's, I think. They were a terrible idea, always.
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  143.  @EMan-cu5zo Problem for S. FL is that it is EXTREMELY expensive to make salt water desalinated. N. FL doesn't have this issue, because the Floridan Aquifer is fresh water from underground springs.
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  144. Well, they ARE in business to support their families, like everyone is. But who in their right mind would trust anything in CA?
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  145. Where is that?
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  146.  @roshinobi Tab is a diet cola from the 1970's.
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  147.  @lynniec FL already HAS state insurance, but only as a last resort. Citizens insurance.
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  148. I've figured out what this insurance situation in FL is really about: Agenda 21 and the global elites' planned population relocation.
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  149. Not many at all, in the single family older neighborhoods like mine. Large lots, 2000+ sq. foot houses.
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  150.  @thechurchoflogic1670  Unless you're talking about a Section 8 property, landlords have every right to charge whatever they want, just as much as grocery stores, pharmacies, department stores, liquor stores, and any other business does for their merch. Why single out rental houses for discrimination?
    4
  151. Pay off your mtg. and self-insure!
    4
  152.  @jonathanjacques7250  I know, right?! But then he couldn't feel like the victim, which is always the Democrats' goal.
    4
  153.  @irritatedkitty7301  This law already exists for very poor owners' homesteaded property. But they have to file a public disclosure of their finances each year to qualify for it.
    4
  154. Because in America, there are numerous situations in which there are literally no other options for paying some items except by check. Not safe ones, anyway. And cash is still used here by a good number of people to pay bills, too. Or to simply purchase something without Big Brother knowing about it, lol.
    4
  155. Yes, one of them hit my daughter's car and totalled it. He had no license and no insurance!
    4
  156. To be fair, insurance companies have the right to make a fair profit, but they couldn't in FL, so many left. The legislature is phasing in a plan where everyone with homeowners will also have to have flood insurance in order to bring down the costs. So they say and hope, but I'm not buying it. Not sure there IS a fair solution.Citizens Insurance is the best that can be done.
    4
  157. Thanks for keeping us updated on FL bills being considered pertaining to RE, Michael. Very interesting!
    4
  158. And no need to create the sets, lol!
    4
  159. I love having no mortgage in retirement. No mortgage on my rental house, either.
    3
  160. Glad you could help your mom out and that she's doingbetter now.
    3
  161. Yes, I learned that too.
    3
  162. I agree. None of this affected newer condos, which is not what most Miami beachfront condos are.
    3
  163.  @kristinab1078 Way lower than I pay on my FL house!
    3
  164.  @danman1287  I think I made a good decision to drop my homeowners' insurance after34 years and no claims. But I'm in N. FL, on fairly high ground for FL. And Michael forgot to factor in the fact that deductibles make homeowners' even more expensive. I always had a fairly high deductible all those years, and would've had to meet my deductible anyway, before insurance would pay for any damages I could've had.
    3
  165. It's a shame what has happened to the blue states.
    3
  166. Hurricanes come directly off bodies of water to DECIMATE, by wind damage. Live at least 25 miles from a coast and your insurance rates will be lower, no flood insurance required.
    3
  167. New law in FL the legislature just passed. Permitless Carry. Not as good as constitutional carry, though.
    3
  168. Yes. And FL prices will crash again, like they did in 2006-2008.
    3
  169. Congratulations! Well done!
    3
  170. You must not be listening.
    3
  171. 😂
    3
  172. How is it a reverse mortgage? It's a secondmortgage, as Michael stated.
    3
  173. The quality, knowledge and willingness (to properly advertise a seller's home) of real estate agents has fallen SO far from where it was 40 years ago, it is shocking! Most of them today are also as unprofessional as fast-food burger-flippers.
    3
  174.  @Noworries-PU7ye That's not true, and anyone who reads the FL statutes regulating insurance (OIR) can learn all about how insurance is regulated here.
    3
  175.  @Boomercon3000 Ha! Not in FL. Cops will haul your butt outta there, and put yourbelongings on the curb.
    3
  176. Evenbetter: pay off your mortgage and self insure, if you can.
    3
  177. Citizen's MUST insure you UNLESS they can find you insurance elsewhere, and if they have to find it, instead of you, it'll cost you big time!😮
    3
  178. My son and his family live in Portland and want to buy a house there. (NOT where I'd choose to live, but they're adamant.) They're just starting to look. I hope they come to their senses, because OR is way too expensive, among other things.
    3
  179. Good luck with that, lol!
    3
  180. I like N. FL. Grew up in "Old FL" in PB County, but it's been ruined, IMO. N. FL still a bit more like S. GA, and much less expensive than farther south. Weather better, too.
    3
  181.  @kingbradentucky Not true, and FL gets fewer federal dollars than you think! FL has a budget SURPLUS, while blue states run a deficit every year!
    3
  182.  @robertbrown1021  Pre-nup doesn'tmake sense for two people who are just starting out and in their twenties or so. But if you're older and on your second or third spouse, it does, brcause by that time you each have individually owned assets and kids from prior marriages. Simple as that. But first time around? No wsy.
    3
  183.  @valsomeone2180 I prefer the way houses were constructed years ago. Much sturdier, especially the rafters.
    3
  184. What are you talking about? Cite your evidence! I haven't found any "new laws" like this in FL Statutes.
    3
  185.  @sluggosloan That's what Citizens' insurance does if they can find other insurance for you. Too many liars out there trying to get coverage through the state insurer of last resort (Citizens).
    3
  186.  @swlc5555 That's what happened to me several years ago. Nice old home on 2 city lots next to my house was bought for 500k, and then immediately demolished for construction of huge ugly modern monstrosity that looks like a doctor's office or surgical center. With two or three front-facing garages!
    3
  187. It's almost the same in FL, where property taxes cannot go up more than a max. of 3% per year on homesteaded property. And FL also has Save Our Homes Amendment, which is even partially portable to the next home, if you sell and move.
    3
  188.  @johnyvik7242  Buffett is probably one of the owners of the FED.
    3
  189. What planet do you live on?
    3
  190. But who's got time to go to the bank to purchase money orders? Or to deposit them? I hate when my tenant mails me a money order to pay rent, lol.
    3
  191. WTF is an estoppel fee on a condo, lol!
    3
  192. I was a child in 1950's-1960's FL, too! It was a true paradise, unspoiled and beautiful. Now it's a concrete jungle.
    3
  193. I'm in the same boat. And I like my neighborhood, plus I don't want the hassle of downsizing and moving. But I can't keep up the yardwork and maintenance much longer, either.
    3
  194.  @eturn23  Yes, there is...at least for homeowners property insurance. After 33 years of paying for it, never making a claim, I'm out! I plan to self-insure from here on out, it'll be cheaper.
    3
  195. Wrong. But many homeless don't want to go to shelters because there are RULES theyhave to follow. Boo hoo.
    3
  196.  @endofsociety Actually, SSI is welfare,different from SS. SSI is Supplemental Security Income.
    3
  197. Everyone pays for public schools, everywhere, if they own (or rent, for that matter.)
    3
  198.  @Plutogalaxy  I was thinking the same thing.
    3
  199. I agree! And get a good, thorough certified home inspector to inspect it prior to making an offer.
    3
  200. I ❤ North FL!
    3
  201. Must be midnight! My neighborhood sounds like a war zone! Happy New Year's Michael and all!
    3
  202. Usually, waiting till your kids are 30-35 before giving them most of their inherited wealth is ideal. Most parents will be at least twice that age before they pass, so setting up a will that way might be a good idea.
    3
  203. Here's how to solve the homeowners insurance crisis: drop them like a hot potato. Pay off yourmortgage and tell them " buh-bye"!
    3
  204. North FL is more reasonably priced than S. FL.
    3
  205.  @transition6 Me, too. I left in 1970, and moved eventually to N. FL. Much less expensive here, and I hope it stays that way.
    3
  206.  @adamdavis5312 What?! Mone of that happened until mid-1960's. After that, people became dependent on government assistance, unfortunately. Few still know basic survival skills.
    3
  207. Thanks for the joke!
    3
  208. Biden has added WAY more than 8 trillion to the debt by now! Look at all the billions Biden's giving to corrupt Ukraine!!
    3
  209.  @TravelTechie415 I know what you're talking about. But not all areas of FL have sulphur smelly water. In most areas of far north FL, our water comes from the huge Floridan Aquifer, fresh water from deep underground. Tastes great, no smell.
    3
  210. An insurance agent told me that 25 miles from a coast is considered "coastal" and rates willbe higher than non-coastal. It's difficult to live in FL and be more than 25-30 miles from a coast, though!
    3
  211.  @erty7012 They had to be informed and sign documents agreeing to the arrangement at the time of purchase; so yes, the owners knew (or should have known) of the risks.
    3
  212.  @MrFreddyjack Iagree. Not worth $2K savings to risk getting convicted for insurance fraud.
    3
  213. Yeah, I hate noise pollution.
    3
  214. Too many illegal tresspassers driving without licenses and causing accidents.
    3
  215. I've been in N. FL for decades, and never had flooding or hurricane damage. Am now self-insured and loving it!😊
    3
  216. FL has the lowest ratio of state government workers to population of any state!
    3
  217. Exactly!
    3
  218. Yes, that is what it is.
    3
  219. Haha...he can't, they are state matters. And he should be held accountable for his unconstitutional student debt election bribe, which YOU and all taxpayers will be paying for in higher federal income taxes coming your/our way!
    3
  220.  @hlf_coder6272  Yeah, you are under someone else's rules to some extent when you rent. And that's one reason I'm a homeowner.
    3
  221. High taxes and loonytunes government in Illinois.
    3
  222.  @justinmatisewski1285  CA is lawless, with no protections for citizens. Illegals can drive cars and work there. Not in FL, though. And if you're caught driving with no minimum suto insurance in FL, you can lose your license. But it's nowhere near as expensive as homeowners in FL is becoming.
    3
  223.  @carolbagwell6769 Years ago, State Farm agent told me she would cancel me if I ever made a claim, and I KNEW she was serious!
    3
  224. Sorry, but there is ALWAYS a danger that a homebuyer cannot refinance at an advantageous rate, and there is never a guarantee that your house will gain equity as fast or as much as you want. (People these days are mental midgets, I swear.)
    3
  225. I agree, if by "corrupt"you mean "socialist", because the extra costs should be borne by the idiots living on the beaches and coastlines, not by the rest of us.
    3
  226.  @josephmessina3587 No, in my state (FL), the statutes require the insurance companies show just cause (the financials, IOW) before a rate increase can be granted. Which is different than for almost any other for-profit corporation, btw.
    3
  227. Exactly! Pay off mortgage and be free.
    3
  228. Why? They might be very happy!
    3
  229.  @cassandrawright-mq5kp By the way, the Federalist Papers are just a discussion about the different ideas that the signers of the founding documents had back then.
    3
  230. Smart guy😊. I'm doing the same.
    3
  231. I have lived all over N FL, and always liked living in Pensacola. Nice beaches there, too.
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  232. Ha ha. Not happening. Maybe in 10 years or so.
    3
  233. Or rent them out long-term.
    3
  234. This wouldn't happen in FL, because deadbeat tenants are not difficult to have evicted. But sorry this happened to your friend. Sad.
    3
  235. Yes, taxes go up 10% each year on my investment rental, but I pass the increase on to my renters. I cannot even think of ever selling it because I've owned it for so longthat I'd payhalf the sales price in capital gains. So at my death, my heirs will inherit it free of those capital gains (stepped up basis.) Good thing I'm 72.
    3
  236. FL "Hometown Heroes" is a program created strictly to bring in teachers, nurses, police, firefighters, etc. IOW, it is a way to attract the helping professions to FL that otherwise would not ordinarily be able to afford to buy a home here. IOW, a win-win situation, allegedly.
    3
  237.  @carlrasmussen2778 Exactly, and good on you, Victoria! I'm 72 and feel the same!
    3
  238. VERY RED!❤ Thanks to Gov. DeSantis!
    3
  239.  @kylelapre2945  Just for comparison, I have a 3 BR old house in N. FL that I rent to long-time tenants for less that $1300 per month! It's 1200+ sq. feet plus a deck, carport and big backyard. Key West area is the most expensive in the state! Not everywhere in FL is overly-expensive.
    3
  240. How about ALL the condo owners be forced to take their turn on the HOA board for one year?! And how about the condo dwellers actually be required to attend at least several meetings per year??
    3
  241.  @andredaedone7732  A summary administration in FL is only possible for estates of less than $75,000, or was as of 2012, when my mother passed. Most houses alone are going to be worth more equity than that. Anything over that requires a usually very expensive formal probate administration, or as you mentioned, if it's under $75,000 and contested. I ended up going with an internet law firm in Pensacola for my mother's formal probate, but it is strictly for people who a) understand the probate process and b) are willing to do a lot of the legwork involved themselves. I think the cost was about $3,000 in 2012, and it worked OK for me.
    3
  242. I inherited property in NC, and looked into selling it (two vacant lots in a golf-course community.) Was shocked to learn that realtors there charge 10% commission, and the NC state laws require that the seller use a licensed NC attorney to transfer the property! Ripoff laws.
    3
  243. A lot ARE going out of business.
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  244. I predict the red states will break away from the blue Marxist states over this. States rights are sovereign, and we red-staters are tired of supporting freeloaders.
    3
  245. The house I'm still in had a 15 year10.5% mortgage when we bought it in 1989! And in the '70s, inflation was even worse than today! I've seen it all before, too.
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  246. There is no point, except for $$. I once had an agent fail to disclose that my prospective house's carport had an entire side of rotten wood, and found out from the pest control company that they had informed her of this at the time of inspection. Did she pass this info on to us, the buyers? No, of course not, because she might've lost the sale and her commission. It was an expensive mistake for us, because we had to replace the rotten wood at our expense.
    3
  247. The lender will call the loan in.
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  248. There are lots of townhouses and houses without HOA fees in N. FL. I own two here.
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  249. Trailers in FL are only good till a hurricane hits, lol.
    3
  250. Yeah. All the wildfires.
    2
  251. It's all by design.
    2
  252. I don't think that's what's really happening, though.
    2
  253.  @SilverWatcher. TX is great, but I hear the property taxes are high there.
    2
  254.  @terrencedeagle4429 That's a socialist utopia for you!😂
    2
  255. We have no proof of "man-made climatechange", but when I grew up in Old FL in the 1950's, people had sense enough not to build on the ever-shifting sands of a beach. The houses were concrete block with terrazzo floors onthe island I grew up on, and most were at least a block or two from the beach. No insurance crisis then. Stupidity and greed caused people to build on the beaches, with predictable results. Look at Surfside. It didn't even need a hurricane to collapse.
    2
  256. Andmove WHERE?!😂
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  257. It CAN be a bad investment, or not. When and where you buy/sell determines a lot.
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  258. Yes, this CAN work well, but nowdays you have to screen your potential buyers well.
    2
  259. A 2 story condo sounds good.
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  260. Yeah, pay off mortgage and drop your insurance.
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  261. That's right, if all he purchased is the equivalent of a renter's policy.
    2
  262. Yeah, construction and services costs have nearly doubled in the last few years. My new roof a year ago was at least triple what the previous one cost, and the new hot water heater was too!
    2
  263. Some landlords don't want to be in business with the government. Can you blame them?
    2
  264. The truth is that a lot of these old condos (not saying Michael's is one) are not fixer-uppers, because they would cost more to make safe than simply tearing them down and rebuiding. That's what is likely to happen.
    2
  265. Then we'd never be able to fund anything.
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  266. So true. I'm in my 70s, and lived in a (nice) apartment with my now-ex for 5 years before we could afford to buy our first little home. It was about as old as we were, lol.
    2
  267. Which is why they are slaves to the lender and insurance companies!
    2
  268. FL state employees pension fund is doing quite well, but they don't invest in Democrat Marxist ESG banks like SVB and Signature Bank.
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  269. They will owe it back at resale, though.
    2
  270.  @danman1287 My plan is to self-insure, and I always had 5 to 10% hurricane deductible to save on insurance premiums, anyway. So yeah, I've always known I have to keep money in reserve for potential damages. State Farm told me I'd have to go through underwriting again if I wanted insurance again, meaning my old house, built in 1961, would have to meet their standards. More BS that I don't miss. And I've never even thought about the insurance status of a house I m interested in buying, because no matter what, I pay a good contractor or home inspector to thoroughly go over everything and hopefully fix any problems before I sign the deal. Insurance has nothing to do with what shape a house is in.
    2
  271. @siouxrose Make sure you don't have any big trees near your home. I once had half a huge Live Oak fall on my roof right over my head! (I was in bed!) No damage, really, it only tore off half a shingle, but the roof beams on my house are big planks. Stay safe!
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  272. That's what FL Citizens' Insurance is.
    2
  273.  @warningsigns4526  Maybe OK to send your kids to school in FL, where Civics and Personal Finance are now a high school grad. requirement, thanks to DeSantis and FL legislature.
    2
  274. Most politicians don'tcare!
    2
  275.  @martinmccoy2735 How would your dad get the reverse mortgage unless yourmother signed,too?! Advise her not to, and explain why. (I hope for your mom's sake they own it as "joint tenants with rights of survivorship", which is how most married couples own their home.)
    2
  276. It's been like that forever.
    2
  277. Wake up. Weather modification is real. Just ask Bill Gates with his hurricane-controlling patent.
    2
  278. In FL, I think we're still required to have PIP, but it's cheap. Nothing else required.
    2
  279. You forgot to add that half the claims weren't VALID. Doofuses galore have moved into FL in the last few years.
    2
  280. The increase in taxes when a new owner buys is due to the FL STATE LAW that requires every property to be reassessed on Jan. 1 at the new value it just sold for. The previous owner had the advantage of the Save our Homes Amendment, homestead exemption, maybe additional exemptions as well. The new homeowner does not, at least the first year. And the new assessment tax increases fund things like state Citizens Insurance, increases for roads, schools, state workers, anything that increases with additional people moving to FL. And the increasing inflation. If elected POTUS, DeSantis has promised to rein in the FED. God bless him, he's the only one even talking about it. And he'll actually DO it.
    2
  281.  @bspegasus There's no personal property tax in most red states, like FL.
    2
  282.  @stephenaccomando8427 Try that in FL, where hurricanes destroy mobile homs regularly. And CA fire destroyed an entire MH park, killing some residents. But I guess it depends what your weather danger is. Tornados are another threat.
    2
  283. It's different in each state, and even in each county.
    2
  284.  @myothercarisadelorean8957 Oh, boo hoo! Boomers had 12% mortgages, too!
    2
  285. People need to wake up! The city-county and school taxes (among others) are all constantly run up by wasteful-spending corrupt Democrats who run ALL the big cities in FL! NOT the majority-run GOP state government! Vote out the Democrat mayors, city council and county commissioners! Only then will you see your property taxes and millage rate stabilize!
    2
  286. Michael, from your lack of understanding of the property tax bill, I'm assuming it's the first FL notice of proposed property tax assessment you've ever received. Understandable. First off, as a new homeowner, your property is reassessed at fair market value in Jan. of 2023, assuming you bought in 2022. That can be big, because the previous owner might have had many deductions which you may not be eligible for, and he may have had them for many years! But that reassessment only happens once in your ownership of that property. As for your griping about having to pay school taxes, city taxes, etc. I can sympathize (my kids are long grown!) but everyone, everywhere, who owns property has to pay them. One particularly wasteful and expensive one is the Marxist phonybaloney Children's Services Council, which pays to line the pockets of the mayor's wife in my city, who was chosen to head it up! But otherwise, if your property is homesteaded, FL Statutes mandates that property taxes can only go up a maximum of 3% yearly, with Save Our Homes giving many long-term owners an additional break. Look them up . My homesteaded FL property notice this year went from 4,061 last year to 3,976.92 this year if no budget change is made to 4,340 if proposed budget change is made. I'm in North FL.
    2
  287. Call the Dave Ramsey show and ask! Good luck!
    2
  288. Insurance companies who are bankrupt can and should leave the state! In fact, they have no choice! (DUH!)
    2
  289. I'm 72, and peoplekeepcalling me, assuming I'm apparently willing to sell my home because...?? Wouldn't they think I'd put a "For Sale" SIGN in the front yard if I were??!! No, that doesn't occur to them, lol! SMH!
    2
  290. NEVER buy a condo.
    2
  291. Michael, individuals' home flipper gains are ALREADY capital gains, lol. Maybe this would make it the same for companies, too, but... what Trump (and other elites) are proposing has been in the works for years--it's designed to allow the mega corporations to end up with the properties, after the flippers can't sell and they're forced into foreclosure.
    2
  292. Well, we have way worse inflation now, but prices for homes went off a cliff in the last crash in 2006-2010 or whatever it was. Some areas were 50% reductions, like Cape Coral and some others in S. and middle FL, while other areas came down less. But the demand for housing in FL is also much greater now than then, so we'll see..,
    2
  293. Or do what my oldest son and his bride did when they got married: pick a lovely park or even a back yard, host the wedding there, and then move to a nearby rented venue for refreshments, dancing and celebration. My son and daughter in law picked a beautiful historical Indian burial Mound (N FL) setting, with giant Live Oaks and warm weather. (This was free of charge). The bride wore a gorgeous vintage wedding gown from the 1970's, and looked fabulous. The happy couple chose to rent a nearby American Legion Hall next to a lake (cheap but full of ambience, as well as having a great bar) and everyone sat at tables decorated by the bride's mom and aunt, and danced to the band. A good time was had by all, and the wedding cake was brought over by Publix bakery, across the street from the American Legion Hall.
    2
  294. The state will declare the condos unihabitable and condem them, making residents vacate. The statecannot afford another Surfside debacle.
    2
  295.  @huggy_kissy_squeezy You can live in FL without those. In fact, most people do!
    2
  296.  @jamesdelap4085  Or, often, themselves.
    2
  297. His job is just to complain about a new topic daily.
    2
  298.  @TheJAXguy DeSantis is not Democrat, fortunately!
    2
  299. It makes no difference whether your FL property is in a flood zone or not, because come 1/1/26, all FL homeowners who have homeowners insurance will be REQUIRED to also carry flood insurance!
    2
  300. Yup. Fresh water and sewage problems are potential issues, too, for overcrowded S. FL. And the coastlines on the east coast are supposedly sinking an inch or two per decade. Big flooding risk for Miami, Palm Beaches, Lauderdale, etc.
    2
  301. That's what I do, in N. FL.
    2
  302. So drop your homeowners and self-insure.
    2
  303. Yes,unless she's on or near water, or in a flood zone.
    2
  304. Property taxes CANNOT go up more than 3% per year, as per FL statutes. That's usually what mine go up each year on my homesteaded property. Investment property taxes can go up as much as 10% per year, as mine usually do. It's all right there in FL Statutes, for anyone to read.
    2
  305. In FL, evicting non-paying tenants is unpleasant but fairly easy. Sheriff's dept. does it, if landlord has followed correct procedures. Blue states OTOH are lawless, though.
    2
  306. There are not many condos in N FL, except for some at the beaches. This is mostly a S FL problem.
    2
  307. Thank goodness!😊
    2
  308. Citizens Insurance has to take him if he's unable to find other insurance. By law. Michael knows this, he's a realtor.
    2
  309.  @stevemaggs6781  few months ago, the FL legislature met and did away with assigned beefits,which were the cause of a lot of fraud in property insurance here. Other changes made concerning lawsuits, as well. We were told it would take several years before rates would go down and insurers would come back, if the changes worked as expected. It's only been a few months, and people are freaking out, yet we do have a state insurance company of last resort that they can always get insurance with if nowhere else will offer it.
    2
  310. Where's your evidence that Republicans are in bed with insurance companies in FL?! Is that why insurance companies are unable to stay afloat and are leaving FL in droves?!
    2
  311. In FL, you have to be almost poverty-stricken to qualify for a senior exemption, and you must file financial disclosures every year which are public. I guess that's fair.
    2
  312. Very nice "dog park", Michael! Next time be sure to bring your doggie ( if you have one)!
    2
  313. Well, maybe when the price drops to 30k per condo, they'll sell to some fool.
    2
  314. Don't you love how FL (or perhaps its by county) raises rental house tax assessments by 10% each year?! About the same as rental property insurance increases. Then the renters complain about rent going up, lol.
    2
  315. Under the US Constitution, the states have most of the power, not the federal government. So each state "could" be FL, if its residents developed spines.
    2
  316. It's called Marxism.
    2
  317. Well, Trump is the lesser of 2 evils.
    2
  318. Another boomer like me, who remembers using silver as money, lol! Or, I should say, we remember when silver WAS money! And it will be again, at least for a while...
    2
  319. It's the Marxist way.
    2
  320.  @JBoy340a  FL has been OK for me, a small landlord. No problems.
    2
  321. Condo owners: Keep buying condos and expect something different. Then whine and moan. Rinse, repeat, keep crying. Ad infinitum.
    2
  322. FL always has reassessed properties every year, at 100% of value, as per FL law, each January. Taxes ARE based on assessment, but taxes are different for different people due to different exemptions and the Save Our Home Amendment. That hasn't changed.
    2
  323. No, homestead exemption has to be applied for each time you buy a new or new to you home. But I think what might be transferable is the Save Our Home Amendment exemption, if I remember correctly.
    2
  324.  @francismarion6400 Exactly!
    2
  325. Under MOST states' laws, YES, NO SUPRISE, your " new" property is reassessed in Jan. of the following year! It's BEEN like that FOREVER! (Go cry to your state/county legislators instead of whine constantly.)
    2
  326. I would not put ANYTHING past Commie CA and Gruesome Newsome!
    2
  327. Wrong. First of all, "price freezes" are unconstitutional and would not be upheld in court. Secondly, price freezes lead to merchants going out of business, and/or cause shortages. We are already experiencing shortages in many pharmaceuticals, consumer goods, even baby formula. Your suggestion would make things worse.
    2
  328. The few "rich" will simply move out of the US today.
    2
  329. FL insurancecompanies are BROKE.
    2
  330. no.
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  331. Gov't. employees living large in FL? Not state employees.
    2
  332. It depends upon whether you live in a blue Marxist-run city/county, or a Republican one (in FL), IMO. I'm in a blue city, and Miami is also a blue city. Farther west of me, deeper into the red-run FL panhandle, property taxes and costs of living are lower, because those counties avoid adding on duplicative and wasteful taxing authorities that do nothing, like the Childrens' Services Council. Bonds are another rip-off, as in the Villages (central FL) and elsewhere.
    2
  333.  @donaldkasper8346 Hellooo! Where have YOU been?? Citizen's Insurance IS state insurance!! LOL!!!!
    2
  334.  @nicklll4477 Theycannot remove you from the policy except at renewal time, in FL anyway.
    2
  335.  @MichaelBordenaro  My N. FL rental house is about 1K per year for property insurance. And insurance company not concerned about ancient age of roof! Go figure.
    2
  336.  @robertmanley2687  I've lived in FL most of my life, and while costs go up yearly, it's been nothing like what Michael is describing (for me.)
    2
  337. How can someone need $55,000 in roof repairs? I waited too long to re-roof my own house (roof was about 23 years old) and so I had wood replacement to do, in addition to architectural shingles. My house is 2100+ sq. ft. And my new roof cost me about $25,000 total, $27,000 max, less than a year and a half ago. I'm in N. FL.
    2
  338. Biden is LAWLESS!
    2
  339. That's not a bad deal.
    2
  340. I dropped my home insurance, and have been considering getting an umbrella policy for liability purposes.
    2
  341. Just pay off yourmortgage and self-insure! I did!
    2
  342.  @carefulconsumer8682 It's a good time to be a landlord in the red states, like FL, where rent moratoriums, eviction moratoriums, etc. don't and never did exist. Read your state's landlord tenant statute before you invest. But as a small landlord, my condolences to your dad.
    2
  343. I will simply have to pass the increase on to my renters, of course. The state of FL already allows investment property to be assessed at up to a 10% increase in taxes each year! You think theydon't know who will be paying for it?? Ofcourse they do!
    2
  344. It's not good. Renters willbe paying for it. Sadly, that just makes itmore difficult for young people, and nowdays the not-so-young, to buy their firsthome.
    2
  345. Wow! Your friend needs Dave Ramsey's help, lol.
    2
  346. Reverse mortgages are rip-offs. Better to sell your house and downsize or rent.
    2
  347.  @clint120 Glad it worked out for you. But the newer reverse mortgages are very unfair.
    2
  348. Not true. My son and his g.f. can afford to pay rent on their modest rental, while they work and attend college. Here in N. FL.
    2
  349. Michael, where exactly are you getting this info on homeowners' insurance rates increasing at these amounts?? I still have a single-family rental (non-homeowner's) policy that renewed this month, and it "only" went up about 9%. State Farm in N. FL.
    2
  350.  @FooFan-b3k No, this is in part of what fueled the insurance crisis in FL--property owners colluding with roofers, but laws are different in every state..
    2
  351. No, condo owners need to actually attend HOA meetings and demand accounting for their finances! Just as you mind your own household and checking account, because that's essentially what it is!
    2
  352. It only happens in BLUE DEMOCRAT states. CA, NY, IL, etc. That's "LEFT." Or more accurately, Marxist.
    2
  353. Exactly right! And besides, who in their right mind wants the government in business with you?
    2
  354. I love living in N. FL (except in humid hot summer) because we have 4 seasons, yet no smow.😊
    2
  355. Bidenflation
    2
  356. Colorado's proposed idiotic law is UNCONSTITUTIONAL on its face. So if it passes, Colorado landlords and vacay house owners, etc. need to take it to SCOTUS.
    2
  357.  @hdhdhshscbxhdh4195  No, not just Chinese; other foreign Communist countries, also. It's an excellent bill for FL.
    2
  358.  @darrinito I hope you're joking.
    2
  359. The heck he won't!😂
    2
  360. I think that's illegal. They have to give more notice than that.
    2
  361. There is no personal property tax in FL, and the homestead property tax is different for different people due to their individual, respective, deductions. But as for residential rental property taxed in FL, it's allowed to go up 10% per year! Now who fo you think really pays that tax? The renters, of course!
    2
  362. We had the chance to elect a prez. that could and would've fought these entities, but instead chose to go with one who won't.
    2
  363. Michael, you have no idea about how FL OIR works.
    2
  364.  @johnnifly 😂🙄
    2
  365. Michael, don't have kids. You don't have the right heart to be a parent. (No offense, just being honest.)
    2
  366. Michael, Biden is making campaign promises he has no authority to fulfill.
    2
  367. It is!! He wasted no time shooting down the FL CFOs unconstitutional bill that would've had all FL citizens paying for the orange con man's legal fees, lol! "The Freedom-fighter's Fund", lol!
    2
  368. No, you can always pay off your mortgage and self-insure. And do much the same for your car, insuring it for liability only and whatever else your state requires.
    2
  369. Except for older FL condos.
    2
  370.  @chetmyers7041  I lived in Macon GA in the 1980's, and it's the hottest summer weather I've ever lived in! And I grew up in S. FL!
    2
  371. I predict they will soon be tryingto GIVE older condos away!
    2
  372. Totally!
    2
  373. My car insurance here in FL rose all of $9.00 each 6 mos. Aaaiiiiiieee! The sky is falling, right?!?😊
    2
  374.  @PudgyHedgehog  No, because the same political cause (theft via Marxism) isn't occurring in FL, TX, etc.
    2
  375.  @william-fla-321  I had a whopping insurance increase, so I dropped it, but so far, in N. FL, the only tax increase came from the scam voters approved in my Democrat-run city, the Childrens' ServicesFund, which provides ridiculously high salaries to its director and admin. staff and no services not being provided elsewhere in government.
    2
  376. Congratulations! I remember when I had a 10.5% 15 year mortgage taken out in 1989, and it was such a burden to pay, and depressingly slow to pay down the gigantic interest and principal! But after 8 or 9 years, it was exciting to see how each additional payment made began really whittling down the balance. After 10 years, paid the remainder off in a lump sum. (Downside of that was the fact that most of the interest had already been paid by then. But still a good decision to do!😊)
    2
  377. Are you kidding?! My daughter and family pay 4K mo. just to rent an older house in L. A.! 😂
    2
  378. Yes, but it's the SANEST, most well-run state, just stay away from S. FL, where the people are mostly obnixious.
    2
  379. Vote for DeSantis 2024. He's all about law and order.
    2
  380. Take your meds.
    2
  381. Well, my car insurance bill just arrived, and it went DOWN by $8 per 6 mos. Gofigure. And I'm in FL.
    2
  382. Some would love it!😂
    2
  383. Pay off your mortgage and self-insure!
    2
  384. She must've lived there for a decade or more...
    2
  385. Trump only gave tax breaks to the wealthy, mostly.
    2
  386.  @patjohnson742  How do you know? Did you get Jesus on the phone or something?
    2
  387. Yes, I'm sure that had a lot to do with it.
    2
  388. But watch out for those hurricanes. Mobile homes don't do well in them, unfortunately.
    2
  389. Well, I like my EGO mower, but not electric cars.
    2
  390. So why didn't you move to Norway, if you believe Marxism is so great?
    2
  391. nope.
    2
  392. Definitely is a moneypit living in S. FL. But N. FL is not.
    2
  393. In FL, yes! Property tax assessments are done starting with valuations, by law.
    2
  394.  @sasapopadic384 And HOA fees, even worse!
    2
  395. I'm in Leon County, and my taxes have never gone up morethan 3% per year, and they actually went down for a couple of years during the real estate crash of a decade ago. But several counties, all in S FL, are corrupt and raise millage to the max. each year, unfortunately.
    2
  396. Or just pay off your mtg. and self-insure, as increasing numbers if people are doing!😊
    2
  397. In-app notifications can be hard to remember to check daily, but if safer than text, worth doing, I guess.
    2
  398. state government regulates insurance. FL Division of OIR (Office of Insurance Regulation.)
    2
  399. Voting to have no reserves is nuts! New HOA condo law makes obvious sense. People can be outraged all they want, but bills have to be paid, and I know of some HOAs who let deadbeats off the hook, making the responsible owners pick up the slack, when an unpaid assessment is needed. (So unfair.) Condo living is like living in a Marxist country.
    2
  400.  @alphaforce6998 Um, no, that's not what the Fed Reserve Act did, though it WAS unconstitutional.
    2
  401.  @GardenerEarthGuy ❤Gov. Ron DeSantis, and he's not wealthy.
    2
  402. I almost bought a condo for investment purposes here in FL when the 2008 housing crash decimated the condo prices particularly hard. They were decent, $35,000-45,000, and would have been bargains except for the uncontrollable HOAs and maintenance costs. I decided not to.
    2
  403.  @Resmith18SR Only the Marxist states, thank God.
    2
  404. ESG has been outlawed in FL, at least as it applies to the state's investments in pension funds and such.
    2
  405.  @rochellet1333  No.
    2
  406. Buyers of investment property shouldknow before theybuy that property tax assessment (of non-homesteaded property) can go up as much as 10% per year, as per FL statutes.
    2
  407.  @FamousWolfe  That is exactly what I'm doing as of this year. I figure I had a high deductible anyway, and since nothing happened to my house in 34 years, no hurricane/fire/catastrophic ground collapse/flood, etc. No claims ever made in 34 years, so how likely is this house to actually USE insurance in the next 15 years or so? Probably not very likely.
    2
  408. Nope, FL Statutes limit homesteaded property to yearly increases of a maximum 3%. I'm in FL, and my proposed property taxes might actually go down, if proposed budget change isn't adopted.
    2
  409.  @judymckee5992  Rent control is blatantly unconstitutional, unless you're referring to Section 8, which is voluntary for landlords.
    2
  410. Wrong.
    2
  411. I know. But some people have IQs that equal their shoe size these days.
    2
  412. To who?!
    2
  413. Commie Kamala's tyrannical money and increased tax grabs are much worse than anything Trump is proposing!
    2
  414. Great idea! But City Commissioners, most of who are Democrats, are the ones responsible for deciding city budgets in Miami (and my FL city, too, unfortunately.)
    2
  415.  @oneeleven9832  That stinks, who does the king think he is, lol.
    2
  416. Read the FL Statutes Landlord Tenant Act. Also, I posted a new law entitled "Removal of Unknown Parties in Posession", a summons that can be used to put the squatters on notice of legal action. Effective 7/1/23. But yes, burglars can be removed by police immediately, but apparently not squatters.
    2
  417. That's for sure. My daughter and her family live in L. A. and taxes are confiscatory.
    2
  418. My daughter and her family live in CA, and I have a feeling this is the Marxist scam being pushed there where you aren't actually given "free downpayment money", because you essentially become a co-owner of the house with the government. (No thanks!)
    2
  419. Yeah, 2025 will be when condo prices crash, if not before. I'd be selling NOW, for sure.
    2
  420. Well, I do hope you worked for the IRS. (Just kidding, good luck.)
    2
  421. Once again, proof that the borrower is slave to the lender. Pay cash or do not buy.
    2
  422. Anyone in a FL condo, especially if it's 40 years old, should be selling and running right now...before it's too late.
    2
  423. I'll look into that company for my house that I dropped my homeowners on. Sounds like a great idea.
    2
  424. Michael, mobile homes only have titles like automobiles, not deeds, and how could anyone live in a mobile home for 30 years never paying property tax, yet thinking they owned the land under it?!? LOL. (People were SMARTER, not dumber, before the internet!)
    2
  425. I need to rehab my 1960 house, but I have to prioritize, due to the high cost. 😢
    2
  426.  @charmingbeautytv4712 Who wants to own property inthe Dominican Republic?!
    2
  427.  @Skepticismistheway Thailand doesn't allow foreigners to own property there.
    2
  428. I'm in N. FL, house located on 2 in-city blocks, (so homestead exemption was only on one) and my property taxes were "only" $4100 for a 2100+ sq. ft. house.
    2
  429. Me, too! Self-insurance avoids the stress and anxiety, and when and if something happens, we won't be having to wait around for insurance to pay out ( or not.)
    2
  430. Oh, wake up. Trump is 100% Controlled Oppisition RINO! Not telling us anything we didn't know. Ron DeSantis, unlike Trump, is actually DOING something about outlawing CBDCs in FL.
    2
  431.  @Floridawoodsbanshee  Just don't read any of his Truth Social 3am incoherent and unhinged madman rants.
    2
  432. What? FL never has or will allowed squatters! They go directly to jail! And landlords have always had a procedure to follow to get deadbeat or destructive tenants out...and still do!
    2
  433. Homeowners' property IS assessed every year, in Jan. But because FL law states that homesteaded property can increase in assessed value a max. of 3% per year, and because ofthe Save Our Homes Amendment that also limits property tax increases for homesteaded property, as well as the homestead exemption itself, the longer you live in a homesteaded property, the more you benefit. (Of course, all assessments take a huge jump in the first Jan. after you purchase a house.)
    2
  434. Wrong. FL governor Ron DeSantis knows EXACTLY how to stop wasting taxpayers money, starting with getting the US out of the UN! We are the largest funders of the UN!
    2
  435. FHA loans are a rip-off for the borrowers, and many sellers also won't sell to someone needing a FHA loan due to the long time they require to close, and other reasons.
    2
  436. Are you on or near the beach?
    2
  437. They have no jobs and don't want any.
    2
  438. Michael, a few years ago my homeowners/auto insurance agent retired and a younger one took her place. One of the first things she said to me was, "don't ever make a claim, because we'll drop you if you do!" And she was dead serious. I would state the company, but I still have my rental property insured with them, so I better not.
    2
  439. This is exactly what should be happening!
    2
  440. It can only get worse if you allow it. At the rates they're charging, self-insuring becomes apotentially reasonable idea, if you've been in the same house for decades (like me) and never had any flooding or hurricane damage.
    2
  441. What you said is true of S. FL. Not so much N. FL. Except for the heat.However, I once lived in Macon, GA, and that place was hotter than the hottest day in FL!
    2
  442. He's paying more than that!
    2
  443. Nope, FL isn't Commiefornia. Landlords aren't in business to subsidize renters, with all due respect.
    2
  444. yes
    2
  445. Yes, my daughter's car was demolished by an illegal alien with no driver's license or insurance. She lives in L.A. and was SOL.
    2
  446. In FL, most agents are transaction-only salespeople. And that's in the contract. They represent no one. (It is done apparently to avoid lawsuits.)
    2
  447.  @PaulTech-Reviews Are there still any big corporations left in CA?!
    2
  448. Mine in N. FL went from $1,200 in 2022 to about $3300 in 2023, if I hadn't dropped my insurance, that is!
    1
  449. You are describing a balloon mortgage here. They were common back in the '80s, when conventional mortgage rates were sky-high, and many people were unable to refinance when the time came. They lost their houses as a result. Balloon mortgages are bad news.
    1
  450. Why would you ever buy in a condo? It's an invitation to problems. And most conservative red states have lower property taxes than those Marxist blue ones.
    1
  451. No they won't.
    1
  452. Michael, in most states, maybe all, (commuity property or not) the decedent's ESTATE (what he owned) must stand good for what he OWED, and creditors must be paid in fullbefore title passes to any beneficiaries. There are a few exceptions, but not many.
    1
  453.  @Perro_salvaje_ Only the wealthy can live in Miami now. Just like Palm Beach has always been.
    1
  454. We DESERVED FL Gov. Ron DeSantis as our next POTUS! But because he cannot be bought, he wasn't the Deep State's choice. Trump was.
    1
  455.  @MichaelBordenaro Michael, FL agents are doing "transaction-only" sales, as far back as 2012 when I last sold property in FL. IOW, the agents represent the transaction, only. Just like shoe salesmen!
    1
  456. I've lived in FL in the same house for 34 years. It's on 2 city lots, though only one lot is allowed for the 50/25K homestead property tax exemption. Taxes rise a LITTLE every year. Last year, mine came to less than 4K. They cannot rise more than 3% per year, max., due to Save Our Homes Amendment.
    1
  457. Not even close.😂
    1
  458. Maybe in NY, but not in FL. That's why the governor and legislature are so important. Lesson: Never live in a Marxist authoritarian gulag.
    1
  459. And who would pay for that?
    1
  460. South FL is corrupt and full of Democrat Marxists city/county commissioners, mayors, etc. who spend like drunken Congressmen. Trust me when I say that N FL taxes are far less, though not cheap.
    1
  461. Just watch FL and copy them.
    1
  462. That's what happened to a house we were renting in Pensacola Beach, right on the Bay, in the 1980s. The water encroached so much in the year we were there, that half of the backyard fountain/patio disappeared into the Bay!😮
    1
  463. Sorry, insurance is regulated by each state, and they can do what FL did: create a state-insurance company of last resort (guaranteed issue.) We need decentralization in our Marxist-leaning federal big bloated government, not more over-reaching.
    1
  464. Of course it shouldn't be happening, but it absolutely does happen more in blue states. They are the ones with the Marxist agenda. Or Agenda 21, same thing with different name.
    1
  465. This has already been explained many times. In FL, valuation assessments already ARE "the same for all", based on FL statute that requires all property to be assessed at 100% of VALUE. The difference in TAXES assessed ( i. e., your tax bill compared to someone else's with same valued home) has to do with MANY other things, but NOT valuation of the property, nor "how long" you've owned the home, at least not directly. You can look up "property tax exemptions" and "Save Our Homes" Amendment for starters. Millage rates, another factor in your property tax bill, are different in different cities and counties, also.
    1
  466. Wouldn't work here in US for small landlord payments or say, for an HOA payment consisting of owner-volunteers, because many situations don't allow it. I looked into getting something safe but similar for my tenant's rent payment, and nothing existed. Otherwise, I use credit card and ACH for almost every payment I make. (ACH is probably the same thing as your Swish system. It's great!)
    1
  467. I've lived in FL most of my life, and love the freedom and even the weather here, but I'm in N FL. Grew up in S FL, but S FL is no longer enjoyable to live in, for many reasons, IMO.
    1
  468. I agree, and insurance won't renew if condos don't comply.
    1
  469.  @MusicLover-ui9sm  If she's been there 40 years, she should own it and drop her house insurance. That's what I did, but I'm 25-30 miles from the coast.
    1
  470. Yikes! I can't stand it, and I grew up on Singer Island many decades ago. They paved paradise and put up a parking lot.
    1
  471.  @clyde19788 Not really. I'm in N FL, and Geico charges me less than $700 annually for car insurance, though I got rid of Collision and Comp. Don't believe the income levels needed to live here, either. I'm a retiree living on about 40-45K and doing OK here in FL.
    1
  472.  @BillySBC Nope. But maybe for the past 20 years or so.
    1
  473.  @haroldbottom3474 Cats and dogs have replaced kids for some people.
    1
  474. FL passed a law a year or more ago, which prohibits foreigners from Communist countries, and Communist governments/regimes from owning property in FL.😊
    1
  475. Direct Democracy is the Marxists' wet dream. Thank God the US Constitution formed a constitutional REPUBLIC.
    1
  476. I own a rental house in FL free and clear. Because property taxes are allowed (by local Democrat-run spendthrift city) to rise 10% per year, my property insurance on it is nowhere near increasing as fast as the property taxes. And because of the rise in inflation,maintenance costs are way up, too. I don't raise the rent more than $50.00 per month annually, but so far, I'm stillmaking plenty of money to pay the IRS every year on the so-called profits.
    1
  477. No it's not. And respect for police is high in FL.
    1
  478. People in CA have to be brain-dead not to know they're voluntarily living in a tyrannical Communist state owned by the CCP.
    1
  479. The politicization is false? There are/were no rent moratoriums or rent eviction moratoriums in red states! ONLY blue states! Why do you think that is?? (Not including Section 8 and other federal housing programs.) And nowdays, Democrats ARE Communists, or Marxists. Face facts!
    1
  480. Only those with mortgages arebeing forced to have it, to protect the mortgage-owners.
    1
  481. Yeah, tuition loan forgiveness. What a scam!
    1
  482.  @sarahann530  If you think so (incorrectly, btw) , then you should MOVE to one of those Communist utopias, lol!
    1
  483.  @damncars2618 Don't let the door hit ya where the good Lord split ya!😂
    1
  484.  @overthehilldill3626 How would socialism work without jobs? LOL, THINK.
    1
  485.  @pamelagatfield2093 So you think the public schoolteachers and police should have to live on your 1960 ( or whatever) property taxes, then? How does that work?
    1
  486.  @MikeMcDaniels-w1u Why are you getting welfare? SSI is welfare, not same as your earned SS.
    1
  487.  @sarahann530 I agree! And btw, when I was in 1st grade (1957) my FL public school made sure we learned Spanish, so they must've known that Operation Pedro Pan was about to commence.
    1
  488.  @imperialkhmer6146  Marxist unions and welfare.
    1
  489.  @chrislastnam6822 They'd have to pay me A LOT to live in lawless, Marxist CA.
    1
  490. It's chilly up here in N. FL!
    1
  491. And criminals always get guns, anyway! Including in Thailand.
    1
  492. FL Ststutes do not allow property taxes to go up onhomesteaded property more than 3% per year! I've lived in FL, in same house, 35 years now, and mine have NEVER gone up more than 3% annually. Some years,they've stayed the same or been reduced. Michael stillpretends to not understand the fact that when a home is sold, it IS reassessed Jan. 1 of next year, at then-current market value. Not after that. It's completely understandable, and no mystery. Look up Save Our Homes Amendment to FL Constitution for additional info on property taxes in FL. County and City property taxes are what causes taxes to go up in Marxist blue corrupt counties and cities (Miami is one example, but this is also somewhat true in my N FL Marxist-run city/county.)
    1
  493. True!My daughter's car was demolished by an illegal in lawless "sanctuary city"L.A.!
    1
  494.  @nonawolf7495 YES, in FL, most property tax assessments would go down. Just as they did during the housing crash of 2008 or whatever. The taxes follow assessments.
    1
  495. Exactly! These snowflakes want OTHER people's $$ to subsidize them! And we already do, through the Marxist version of homeowners' insurance, Citizens State Insurance.
    1
  496. There's definitely gov. oversight in FL. OIR is heavily regulated.
    1
  497. Most Americans could easily go without most of the prescription Big Pharma meds advertised in the media.
    1
  498. I want to know how they manage to SELL that house in a sinkhole! 😮
    1
  499. Nope.
    1
  500. Is your rental property on or a few miles from the coast?! Those are the properties getting hit with insurance increases the most, along with those in a flood zone.
    1
  501. DeSantis NEVER kicks the can down the road, and he just did the RIGHT thing, yet again.❤
    1
  502. The salespeople will tell you they cannot reduce the 6% commission (or 10% commission in NC. That's based on my experiences!)
    1
  503.  @captng FL already does that with Citizens Insurance. It's a taxpayer ripoff!
    1
  504. Here's what I haven't seen addressed, but have noticed it with most first-time younger buyers today, even my own "kids" in their thirties and forties! Unlike us Boomers, whose first houses, purchased in our late '20's or so, were older "fixer-uppers." Most young buyers today don't want to have to put any work into fixing/painting/rehabbing an older property, instead wanting a turnkey, newer home! Well, wake up! It doesn't work that way, lol! Oh, and the older neighborhoods that first house may be located in might not be glamorous, either, so instead, they just choose to rent forever. (SMH!)
    1
  505. S. FL, maybe! N. FL isn't sinking.
    1
  506. Plus, you still owe your mortgage to the lenders in the event of structure burning down. It's NOT the same as a rental, which does NOT involve your borrowing a bundle of $$$ which you still have to pay back.
    1
  507. Give me a break.
    1
  508.  @Resmith18SR Most older Americans would be doing just fine, if they'd saved/invested $$ money prior to retirement AND paid off their house. But Bidenomics, with its open borders, high inflation, Medicaid and welfare for illegal aliens, putting deadbeat student loans on backs of taxpayers, etc. have been the ruin of the US citizens.
    1
  509.  @Taleshia315 No it's not any tougher for seniors than for anyone else! (I'm 72, btw.)
    1
  510.  user-om9yl8on8b  More like 10 years ago, a gold eagle was $1400, and that's if you were lucky.
    1
  511. I'm stuck with 2 inherited lots in one, and have not been able to sellbecause of the HOA, IMO.
    1
  512. Michael, please read FL Real Estate Statutes. Homesteaded property is limited to a 3% max. yearly increase. If it's investment property, it's limited to a 10% yearly increase in taxes. My two properties' tax increases conform to these statutes, along with the Save Our Homes Amendment and state valuation assessment rules ( also in FL statutes.) And besides a few additional possible (for some people) property tax exemptions, every other FL property must conform.
    1
  513. KH won't be elected.
    1
  514. Marxists= Democrats.
    1
  515. Here in FL, Gov. DeSantis recognized how important it was to get good teachers in FL, so he created a housing village for teachers, nurses, firefighters, policemen, etc. where they can buy houses at below-market rates. This is located in the middle area of the state on acres of donated land, if I remember correctly.
    1
  516. Me either. Owning someplace with an HOA is a negative for many buyers.
    1
  517. Yes, welfare IS running out of money, but the Biden Administration and governors of the blue states don't believe in having a balanced budget, which is why they're going bankrupt!
    1
  518. The trick inFL is to buy the dips!
    1
  519. There are no freebies for illegals in FL. We're not a Sanctuary Marxist state. FL state employees are 50% of what the number of Stste workers are in NJ. And FL has no debt, or very little--thanks to Gov. DeSantis.
    1
  520.  @katydid2877 Well, that was creative.
    1
  521. No, it's called Democrat-Marxism, and yes, it's brutal!
    1
  522. ⁠ @MichaelBordenaro Well, with all the people moving in to FL, it goes to more schools, infrastructure, maintenance, and inflation, caused by the federal gov. giving everyone $$$ during Covid, has also increased what the state gov's costs are. Then there's the BIG one--what your LOCAL blue Marxist city andcounty commissioners and mayor decide to spend on wasteful pet projects and payingbig bucks to their relatives to head them up, for example. A favorite is the (duplicative services) Children's Services Council down in PB County where my mom had a house. Now we have one in my county, too. We need to vote out the corrupt Democrats who vote for this stuff.
    1
  523. CA is 100% bankrupt! They've run out of other people's $$ to spend!
    1
  524. ⁠​⁠​⁠​⁠ No Republican governor has banned books.and abortion should be limited, because it's murder, and excrutiating to the cruelly dismembered-while-alive baby, after a certain point. Meanwhile, Portland, OR and other Marxist states are lawless sh!tholes people are leaving in droves, while the few remaining wage-earners have to support the losers who decide to take advantage of them, because they CAN. Sad, because it once was a beautiful stste, but the people there are idiotic enough to vote for the Marxists who are hellbent on ruining it.
    1
  525. Agents will have to PRE-QUALIFY theirclients, like they did years ago. Otherwise, they'll waste lots of time, showing the house to people with no hope of buying it.
    1
  526.  @mike-uw6wt  yes, and UE is only 2.5% in FL now.
    1
  527. Citizens must take anyone in FL who cannot get other insurance. By law.
    1
  528. I'm a landlord in FL, and have had no problems.
    1
  529. Then they must sell.
    1
  530. Michael, I'm a boomer, and the only reason I want to have my kids inherit my house(s) is because of the tax burden if I don't. Capital gains on both my house and rental property would be due, in my case, if I sell during my lifetime. If they inherit them after my death, there are no taxes due! To the kids, or to my estate! (I'm in FL.) And here's a potential "fix" for high insurance rates: self-insurance. Of course, you must own your home, no mortgage, to do that. After 34 years in the same house, and never once needing to file an insurance claim, it's not a bad solution.
    1
  531.  @MrRevell111  FL seems to have transitioned to most realtors/salespeople being transactional agents only.
    1
  532.  @SynthwaveLana I use my dental (Metlife PPO) every year. Medical insurance is a near-scam for me.
    1
  533. Metlife Group Dental pays claims; I use themfor everything from implants, to cleanings.
    1
  534.  @BrianSkahan-bps  Klaus Schwab, head of WEF.
    1
  535.  @MM-kf3gq There's a reason so many Marxists on UTube have channels bashing FL, instead of dumpster fire CA.
    1
  536.  @patrickshea3619  No, most of the property taxes are charged to you by your spendthrift, corrupt, S. FL Democrat/Marxist county and city commissioners. So go ask THEM about it!
    1
  537. I sold three houses myself years ago, because I split the "realtor's fee" with the buyer, ensuring a quick sale. Always got an attorney to do the closing, and another time used an escrow/title company to hold the deposit (and they can also do the closing, if you prefer.) I showed the houses myself. However, back then, a FSBO couldn't be listed on the MLS. Major drawback.
    1
  538. My oldest son and his wife live in Portland, and they insist they love it! I'm hoping now that they finally had their first baby (at age 40 and 43, lol!) they'll come to their senses and move back to FL. Becoming a parent readjusts priorities, or so I hope.
    1
  539.  @lovethemflowers Obviously, youhave to fix the house on your own or move out and mortgage owner takes your property.
    1
  540.  @Noworries-PU7ye How old are you??
    1
  541. Yes, beause Henny Penny story is getting stale.
    1
  542. Michael is the Gloom and Doom King.
    1
  543. It's NOT allowed in FL, by law. Your STATE should do the same.
    1
  544. Depends on your state.
    1
  545. Because many years ago, a Marxist state government with Democrat as governor decided all FL citizens, whether homeowners or not, needed to share the risks of hurricanes, forming Citizens' insurance Corp. And like all Democrat Marxist institutions, it's been ripping off ALL Floridians ever since! And btw, guess who suffers the biggesthurricane damages?! Wealthy people who live on or near the water!
    1
  546. Yes, if you live in a Lefty-run Sanctuary City.
    1
  547.  @azmike3572  My Synchrony card takes 2% of my balance (charged that month) off each month before sending the bill to me! Gotta love it.
    1
  548.  @MichaelBordenaro  OK, a raincoat, then?!
    1
  549.  @clyde19788 CA, MN, NY. All blue Nazi/Marxist states.
    1
  550.  @clyde19788 MN just announced they're kicking veterans out of their disabled housing to provide free housing, health care and vouchers to illegal aliens!!
    1
  551.  @bwrscott1 I inherited a couple lots in NC with an HOA. I'd NEVER live or buy anywhere with an HOA! They are huge ripoffs and attract control freaks to their boards, usually retired, with toomuch time ontheir hands.
    1
  552.  @hvaball150  What you're not factorig in is the fact that yourmortgage eventually gets paid off, and then you only have maintenance and utilities, property tax and, if you choose, insurance. When you're old and retired, you may no longer be able to afford rent. Then there's the option of taking out a reverse mortgage (not my choice, but it's there.)
    1
  553. Not happening with a GOP majority House, besides being unconstitutional.
    1
  554. Just elect Cackling Comrade Kamala, and you'll find out how high prices can rise!😮
    1
  555.  @jayesimond9301 Yes. If that ever happened, but I've been here 35 years and no issues, and I'm in FL. (Wish I'd self insured even sooner.) However, I'd never drop the insurance on my rental house, because I cannot predict what anyone else does (how careful or careless they are, etc.)
    1
  556. No legislature (at least in a red state)will pass an unconstitutional law like that.
    1
  557. Trump said to just let the crumbling condos crash on the emptyheads of the residents?! Like what happened at Surfside?! 😂
    1
  558. He specializes in kvetching.
    1
  559. Many insurers have gone bankrupt and left the state. WHAT can government do about it? Wave a magic wand?
    1
  560. The expense of doing that will be great, though.
    1
  561. Michael, I'm in FL and have State Farm Insurance on my rental (investment) house. Had it on my car and homesteaded house too, until I dropped it on my home and switched car insurance. I think they're still writing new policies here.
    1
  562. Yikes!
    1
  563. FL tax certificate sales (first step in same process) beginJune 1 each year, all done on internet now.
    1
  564. Meet Kevin is a Marxist. He and Newsome are birds of a feather.
    1
  565. I wish ALL insurance companies would pull out of FL, and take the do-nothing whiners with them!😂
    1
  566. I thought only the IRS could reach into our checking accounts, but I guess in CA, anything goes.
    1
  567. No, it's criminal behavior for the condo-owners to not do their jobs: police their elected HOA Board and agree to increases in HOA fees for maintenance, as needed.
    1
  568. Absolutely true!
    1
  569.  @ksmith2852 Chi-coms own CA.
    1
  570. The FL legislature insurance bill recently passed, and ALL homeowners property insurance in FL must include flood insurance starting in 1/1/26. That will jack up the rates further! What a scam.
    1
  571.  @maryelizabeth8793 But many boomers stubbornly cling to the never-correct idea that they should be able to rely only on their SS benefits to live on in old age. Now they're boo-hoo-hooing. Even though ALL of us boomers were told back in the day that SS was only one third of the 3 legged stool they'd need to retire on, the other two thirds being pension and savings or IRA (the latter of which was available since the 1970's.)
    1
  572.  @curie3938 Maneco64, who lives in UK, just did a video today on how the gov. is prepping to steal all pensions in the UK, lol!
    1
  573.  @brendaechols5929 No, that's only true for the billionaires, not at all the category most boomers are in!
    1
  574. The old lady willbe placed in assisted living or NH that willbe paidfor by MediCal (taxpayer expense.)
    1
  575. DeSantis has already done thst, too!❤
    1
  576. My grandparents built their house that way,then their brothers, who'd helped them build it, got the same help from them in building their own houses. Back in the 1920's FL.
    1
  577. My FL insurance was nowhere near that. But I still dropped it, anyway. No regrets.
    1
  578. Miami was like that in many areas since the 1980's, though.
    1
  579.  @bmoreblondie6301 Yes, because it's always paid off in 30 days.
    1
  580. Cheaper until the battery wears out, and then NOT.
    1
  581. This is what happens (and worse) when you're a landlord in a Democrat-Communist state like Hawaii.
    1
  582. Only because the third-world state of Sanctuary Gulag CA is the brokest state in the nation!
    1
  583. Michael, the banks have always, for last several years, insured personal bank accounts for $250K per depositor, unless you have listed qualified beneficiaries on record, each of which qualifies youfor an additional $250K in FDIC insurance. Several years ago, it used to be only $100K instead of 250K! I believe the limit is 5 or 6 beneficiaries for personal bank account.
    1
  584. My city has a "Be the Fix" animal spay and neuter thrift shopwhich I always donate used goods to. Almost anyone can fill out the free spay/neuter application forms and receive a coupon to get their pet spayed or neutered for free by the local vets who participate.
    1
  585. I like FL. Been here forever.
    1
  586. I did the same back in the day when inflation, insurance and property tax was low and good renters were scarcer. But nowdays, must raise the rent at least 4% each year just to stay afloat.
    1
  587.  @JBoy340a No, because there's a loooong waitlist for most of those sevices.
    1
  588. No, it's not.
    1
  589. Yes, materials have gone up a LOT.
    1
  590. Just wondering...doesn't the gravel roof leak by now?!
    1
  591. Trump has been a grifter and a con man since the 1970's.
    1
  592. Citizens Insurance is bankrupt. Why would another insurance company want to join them in FL? Best thing to do is self-insure in FL.
    1
  593. I haven't moved in decades, but after reading a book on FSBOs about 1980, I sold several of my then-husband's and my houses FSBO, by splitting the "realtor's fee" savings with the buyers. It was a " win-win" and quicker sale. Not sure I'd do the same today, though, because the world has really changed.
    1
  594.  @BlowitAllUp In some ways, we did.. but there were so MANY of us that finding good jobs was very competitive.
    1
  595.  @colettespencer3357 But FL has laws preventing citizens ofCommunist countries from buying property in FL. CA, OTOH, is pretty much owned by the CCP now.
    1
  596. Move out of Washington state. It's owned by the CCP.
    1
  597. I dunno, but heard on radio that Citizen's flood insurance premium will(again) soon be skyrocketing. An increase of times 3 or 4. Ridiculous!
    1
  598. yikes!
    1
  599. Mycarinsurance inN. FL is $700 per year, though I dropped my collision and comprehensive.
    1
  600.  @honeybadger2986 Nursing homes are not necessaryfor most older folks.
    1
  601.  @sarahann530 No, Marxists. (Not much difference.)
    1
  602. Riiiiighhhhtttt!
    1
  603.  @steven4315 Nope, FL is the oppisite of a bankrupt, corrupt Marxist state like CA! FL is a rule of law state! But in either state, indigent 96 year old lady would be placed in a facility that accepts Medicaid ( MediCal in CA.) IOW, welfare.
    1
  604.  @t.haller6093 Trump won't do that.
    1
  605. Yes, that IS the Marxists' end goal. And a central bank is a tenent of Marxism.
    1
  606. Not as long as DeSantis is governor! But Miami, Ft. Lauderdale and Palm Beach County are notoriously corrupt and overtaxed by their spendthrift local governments. Been this way forever!
    1
  607. Yeah, not to mention that any law against corporations or mom and pops owning/buying houses is unconstitutional. What we SHOULD do is to outlaw foreigncountries/foreign investors from buying US property.
    1
  608.  @tlindsay1007 Investment property is already taxed at mch higher rates than non-investment homesteaded property, at least in FL. And guess what? Those increased taxes get passed on to the renters, as they logically should be.
    1
  609.  @raggedflaggon9566 True free marketCapitalism, which US does not have, is the only successful economic system in the world! What the US has is Crony Capitalism, just another form of oligarchical Marxism/Fascism.
    1
  610. There are already plenty of insurance regs in FL.
    1
  611. Um, it alldepends on whether Mommy's little dear is a 35 year old living at home still. Playing Xbox or whatever in his spare time. Below 25 or so, it's fine if they live with parents to save money while wirking and going to college. That's a different scenario. But there is definitely a limit.
    1
  612. Yes. DeSantis is the only Gov. I've hesrd of that fired a Soros-funded prosecutor who wouldn't prosecute. They all need to be fired.
    1
  613. Most of the owners where he films are in God's waiting room.
    1
  614. I drive a 2005 Honda CRV because I stilllike it, and it only has 33K miles. I'm inFL, have liability and PIP only, and pay $380 every 6 mos. Geico.
    1
  615. Yes! This EV ripoff dwsrfs the homeowners' insurance crisis, and is all brought about by the WEF's illegal and unconstitutional mandates!
    1
  616. But that's actually a good sign, as insurances are coming back into the market, as was hoped for.
    1
  617. I remember that, also!
    1
  618. ⁠ Amen! But Trump carries out WEF and WHO policies, which is why he shut everything down, while HE made $$$ shilling warp speed clot shots with his evilbuddy Fauci(whomhe refused to fire!)
    1
  619.  @hazcat640 Actually, most of the states listened to WHO, which Trump approved. DeSantis, OTOH, wants us OUT of WHO. Now who would you rather have as POTUS in the next plannedemic, which WHO and WEF says is coming in 2025?!
    1
  620.  @Noworries-PU7ye No, they DON'T always pay it. Smart people pay off their mortgage snd self-insure, if they're in a high and dry area of FL.
    1
  621.  @carochio8639 Boomers did not destroy the middle class. They were and are the middle class!
    1
  622.  @MichaelBordenaro They will claim they're not fit unless the structural reinforcements are made. They have to be deemed safe by state standards in order for condos to be habitable. And if not deemed habitable, insurers won't renew insurance coverage. I'd plan for the worst and hope for the best if I owned a condo.
    1
  623.  @MichaelBordenaro  The state does not have to waste/spend resources on proving that a condo is safe or unsafe. In fact, that's part of the purpose of the engineering study which all these condo owners are complaining they can't afford. And there are plenty of engineering firms in central and north FL who'd be able to get the study done in time. These condos should give them a call. If condo owners ignorethe study mandate, the state has the legal right to refuse occupancy. Thatdoesn't mean they will, but that is their right.
    1
  624. nope
    1
  625. Get ready for even more inflation now that intetest rates are being lowered!
    1
  626. Then why don't you move OUT of FL? I live in FL and NONE of what you said is true!😂
    1
  627. I'm in FL and have no HOA fees, property tax on homesteaded property up 3-4% YOY, insurance on my homesteaded property is 0 because I self-insure. (Had property insurance for 35 years in FL and never once needed it!) Cry me a river, lol!
    1
  628. Or TPTB could just stop manipulating the weather.
    1
  629. Are you serious? Trump helped CAUSE the present inflation by driving up the national debt nearly 8 trillion, almost as much as Biden has!
    1
  630. Most power lines in FL aren't buried due to the extra expense and sometimes because there's nothing underneath but shallow land. (Water.)
    1
  631. Your high taxes in FL are caused by your LOCAL taxing authorities--city and county. In my DEMOCRAT run FL city,the corrupt city commissioners (all Democrats) proposed a law for the city to double their salaries because then they'd equal the county commissioners' salaries, and my city fell for it and voted it in! What the corrupt liars in city government failed to disclose is that county comisioner is a FULL TIME job, while city commissioner job is only HALF-TIME! Democrats are such FRAUDS!
    1
  632. In FL, if valuations sink, so do the property assessments, ( though the valuations, but not your bill for property taxes) happen on Jan. 1 of each year, so there is a lag in the assessment reductions. State law, not county law, governs property valuation for tax purposes, but not county and city "add-ons" , some of which are huge rip-offs, especially in S. FL as compared to N. FL. So while property values might fall, it's possible your tax bill could go up. Also, it's possible your 2021 taxes went up in part because the previous owners had SOH reductions and homestead exemptions. Property is reassessed for tax purposes each time it sells, and you get the results in the next year's tax bill. (FL law.) And here's another caveat: Rental property tax assessments can increase up to 10% per year, which is what mine has been doing for the last couple of years where I am (Leon County.)
    1
  633. I've lived in N. FLfor decades, and prices have increased in every state, thanks to Biden. But if youlive in corrupt, Democrat-run S. FL, where your local mafia government leaders are stealing you into oblivion, STOP VOTING FOR THEM.
    1
  634. DeSantis has said he'll round up and return to their country of origin all of the 4 million illegals who piled into the US through the southern border for the last 4 years. Elect DeSantis 2024!
    1
  635. But in many areas, it costs so much to rent, youhave nothing left to put in your pocket!
    1
  636. Then the insurance companies would all go out of business.
    1
  637. Mot inyour '70's and '80's.
    1
  638. No sales taxes in FL on baby and toddler items and none on food, unless from a restaurant. The remainder is taxed at 7%, with some cities adding a half percent city sales tax.
    1
  639. No, and we need to elect DeSantis POTUS in 2024, so he will stop this nonsense, if Congress doesn't first.
    1
  640. He's in Miami... a notoriously corrupt, poorly Democrat-run city!
    1
  641. The only structures affected are 3plus story 30 year or older condos! Most Floridians do not live in condos.
    1
  642. Who is allowing decrepit condos to collapse?
    1
  643. Absolutely!! More welfare babies are born to illegals in the US now than areborn to US citizens!
    1
  644. No mortgage you take out on your personal residence will allow you to turn the property into an investment propety; those rates are always higher.
    1
  645. That's why theyrecently CHANGED the law to prevent insurance fraud in the future. Now, no more assignment ofbenefits.
    1
  646. Miami is a Democrat-run corrupt city. Kind of like the one I'm in, but much worse.
    1
  647. The problem is that we have CRONY-Capitalism--the opposite of Capitalism.
    1
  648.  @matthewsmith2362 Ah, Dunedin...Where our next President grew up!
    1
  649. In FL, most foreign buyers, especially those from Communist countries. are now outlawed.
    1
  650. Home insurance not needed in many areas of FL. Pay off your mortgage.
    1
  651. Exactly!😂Don't ya love the Communist agenda?! ( Being sarcastic here.)
    1
  652.  @jomr4249 The government already over-regulates everything too much NOW! And if you like over-regulation of landlords, move to CA and NY, or any other Marxist "Meccas". You'll love it, until there are no more rentals available due to landlords selling.
    1
  653. @@JamesDeWalt909No one, because we don't live in a Marxist society!
    1
  654.  @TheSuperdodgy  Not always. My house has never had any flooding or hurricane damage since probably 1960 when it was built! I've been in it since 1989 and never needed to file a claim for anything. So I've been self-insured for nearly 2 years now, here in N. FL. No regrets!
    1
  655. The red states like FL don't allow rent and/ or eviction moratoriums, because they're unconstitutional in the US. And FL landlord-tenant law makes it clear they cannot happen in FL. All those scenarios you mentioned can only happen in the Marxist-run blue states, where lawlessness is tolerated and celebrated by Democrat governments.
    1
  656.  @vickijohnson9367 Yes, Iagree the organized crime element is still there, though nowhere near the extent it was when I grew up in PB County in the '50-60's. Any Democrat-Marxist area (like S. FL) is always full of it.
    1
  657. The best way is for each party to get their own attorney for consultation, but to avoid having to go to court by working out an agreement between themselves, if possible. Hard to do, for sure. But grit your teeth, and remember your common inteterest in splitting the assets instead of giving them to your attorney(s)!
    1
  658.  @scott21113 I'm not in an HOA, but my house is in the middle of 2 city lots, and BOTH are assessed for taxes at their highest use assessment, which is FL state law. And I canget only one homestead exemption, so when combined, my taxes are considerably higher than they would be if the house was on only one lot.
    1
  659.  @john-robert1961 They willpull your mortgage if you don't pay them for insuring their risk.
    1
  660. Yes, that's its only redeeming feature these days, the CA weather. And if you live in North FL, as I do, you will not be stuck in a bottleneck trying to escape an oncoming hurricane.
    1
  661. I hate HOAs and don't have one, and also have no mortgage. Property insurance is optional for me, and I may self-insure till thecrazy high FL rates come down, if ever.
    1
  662.  @N_Harkin  We don't have true capitalism, that's the problem. We have crony capitalism, aka fascism.
    1
  663. So true!
    1
  664. True, except that Gov. Ron DeSantis, now running for POTUS in 2024, really DOES care about the proper education of young people. He recognized the need for a financial education class requirement in all FL 9th grades. It begins this Fall, and will also be available to upperclassmen who are interested in taking it.
    1
  665. DeSantis is here in FL for half of each week! He just gave the State if the State address from the FL capital a week ago, LOL!
    1
  666. 👍🏻
    1
  667. Haha...an investment property is a business LIKE ALL OTHERS.
    1
  668. FL now has a statewide law preventing sale of Florida property to certain foreign nationals, for example China.
    1
  669. It won't be the state (or Ron DeSantis, either) that gets $$ from the sale ofcondos in CORRUPT Democrat/Marxist-run at city/county level S. FL!😂
    1
  670. You can be a mom and pop and still put your rental property in an LLC. LLCs only limit liability.
    1
  671. Those houses willnever be rebuilt. The plan is for the WEF's agenda 2025 and 2030 to be realized. LA the new 15 minute city and 2028 Olympic showcase, get ready for it.
    1
  672. Yes, that is the biggest reason, illegals flooding into our borders in RECORD numbers.
    1
  673. Someone else on here commented that he has no homestead exemption on his property! If true, that explains everything, lol.
    1
  674. Biden is just buying voters with all of our tax $$, like all corrupt Democrats do.
    1
  675. Usually, it's bricks and sticks.
    1
  676. I'm in N FL; no or few sidewalks here, either.
    1
  677. I refused to cave to the ridiculous insurance rates, and dropped my homeowners. Been here in N. FL for 34 years in this house. It's never flooded, and I've never even filed one claim! But then, I can do it because I have no mortgage. "The borrower is slave to the lender", and the insurance industry knows it.
    1
  678. Ron DeSantis outlawed forced CBDCs in FL, and has promised to prevent forced CBDCs on Day 1, if elected POTUS in 2024. ❤😊
    1
  679. The FL panhandle has the best, least-crowded beaches with sugar white sand. Quality of life there is much higher than in S. FL thesedays, and rents andcosts of houses are lower. (But just to be clear, Jacksonville is not in the panhandle!)
    1
  680. News flash: the US is not a Communist country.
    1
  681. What is your roof made of?
    1
  682. Student Loan Forgiveness is just another Democrat bribe to buy your vote, and no, the SCOTUS will rule it's unconstitutional on it's face, which it is. I mean, what a no-brainer...making high school dropouts or graduates pay for the loans of deadbeats who took out loans and earn more than some of the taxpayers who couldn't afford to go to college do, but requiring them to pay for the deadbeats college debt anyway, is unfair and won't be happening.
    1
  683.  @tonyn3227  Lawsuit, probably, as for the neighbors. Guess he better watch his stove closely. Since dropping my homeowners', I watch my stove extra carefully, too.
    1
  684. Yes, in FL they were inexpensive concrete block covered with stucco and had terrazzo floors. I grew up on an island off PB County.
    1
  685. No, at least in FL. You have to have a habitable dwelling in order to be obligated for rent.
    1
  686. I was dying for a pool when my kids were young, but now they're grown and gone and happy I didn't do it.
    1
  687. It's the Marxist plan, for the responsible bill-payers to subsidize the irresponsible non-taxpayers. Makes perfect sense to Democrats-Marxists!
    1
  688. I agree; it cost the state (taxpayers) a LOT when that old rusted out condo in Miami collapsed a few years back.
    1
  689. The US doesn't have Capitalism; it hasCRONY Capitalusm, the opposite!
    1
  690. N. FL has few HOAs outside of beach condos, is much less crowded than S. FL, and has lower taxes.
    1
  691. But Trump was guilty of the first handout, too!
    1
  692. It's always been a Democrat-run city. That explains it all.
    1
  693. How would every homeowner pay, when I dropped my ridiculously hiked insurance already? (My house has never flooded, had hurricane damage or anything else in 34 years, although I once had half a live oak tree fall on my roof once, which tore off half a shingle, lol.)
    1
  694. Marxist blue states, along with certain randomblue Marxist cities in red states, allow squatters (and other crimes) to go unprosecuted, because Marxism is all about stealing from the middle class to redistribute the property-- to themselves. While claiming they're redistributing to the poor. Think Klaus Schwab and the WEF. Think the upper echelons of the CCP.
    1
  695.  @genxx2724 But CCP members cannot own property in FL. (By statute.) And any Chinese able to afford property in FL are CCP.
    1
  696. But because Miami is close to sea-level, it floods with only a few days of rain.
    1
  697. Gold has been a better investment in last 40 years.
    1
  698. Teslas that have driven through that much water are FIRE HAZARDS. Dangerous.
    1
  699.  @GCPCA-p5b  FL, at least in my city, has LONG taxed non-homesteaded property (all investment) at a rate up to 10% increase per year, (and it's always the max.) But it's all passed along to the renters, naturally. It's just another cost of doing business.
    1
  700. ❤Ron DeSantis! He should've been our next POTUS.
    1
  701. Yes, and we didn't expect to buy mini-mansions for our first homes like today's generation does!
    1
  702. Global warming is a hoax. Except for weather manipulation, cloud seeding, HAARP, etc. (If you get my drift.)
    1
  703. Yes, but this isn't happening in the RED states. Gee, I wonder why? GOP have rule of law; Marxists embrace lawlessness and hate rule of law.
    1
  704. Socialism is just Communism "lite".
    1
  705. One huge old condo on the beach has already crumbled, killing hundreds of its residents--all due to lack of proper maintenance for years!
    1
  706. Miami and most of S. FL is corrupt as hell. Permanently-Democrat-run big spending cities, too.
    1
  707.  @JovianAtrocity  FL's university system is highly ranked and inexpensive, compared to most states.
    1
  708.  @patriciamay6396  Both buyer and seller's agents have become "transactional" agents. IOW, they really are workingfor THEIR best interests, to get the sale done. In FL, they will even describe it as "transaction agent" to make it clear they represent only the sale, not a side.
    1
  709.  @cathyandresiak Give me a break. Look up "real estate attorney" in your area on the internet.
    1
  710. But that can be said even more of states that (unlike FL) have allowed the CCP and other Communist Party leaders with $$$ to buy up all the land and property in expensive states like CA, NY, etc.
    1
  711. That's how they used to build them, back in the day,but there was no building right on the beach, like today.
    1
  712.  @mechgator  FL homeowners (not rentals) already have some degree of tax relief under the FL save our homes amendment, applicable to homesteaded property only. As for insurance, it will only go higher in FL, as they are forcing all homeowners' property insurance to include flood insurance, also. Begins 1/2/26, I think.)
    1
  713. Well done, but just be aware that insurers now want a 10 year or less old roof in order to insure you in FL. I have no mortgage, been living here 33 years in the same house in N. central FL, and even though I need to put money into new windows, doors, painting, etc., I'm still better off than if I had to pay rent at my age.
    1
  714.  @DIVISIONINCISION eah, true. But even then, if one or more of them marry a libtard numbskull, itmay well go out the window. Sad, but true. (I know whereof I speak.)
    1
  715. DeSantis said, if he's elected POTUS in 2024, that he'll abolish the IRS, (YES!), abolish the Dept. of Education (Marxist teachers union, crt, transgender ideology, etc.) Dept. of Energy and Dept. of Commerce! vote DeSantis in 2024! He keeps his promises!
    1
  716.  @OtisFlint  But CCs are not a good idea for everyone. That should be Ramsey's stance, instead of assuming everyone shouldn't have them.
    1
  717. No, if only people would wise up, pay offtheir mortgages, and self-insure. But ofcourse, that only works if they were smart enough not to live in a condo or house built right on the beach, lol! That leaves all the newcomers to FL out, aparently.
    1
  718. There's no VAT tax in FL, and in fact not anywhere in the US as far as I know.
    1
  719. That's wrong! DeSantis has nothing whatsoever to do with this BS!🎉
    1
  720. True. DeSantis 2024, if the US wants balanced budget.
    1
  721. Have you ever read the US Constitution?!
    1
  722. It's not that bad. All these climate fanatics and extremists make predictions that are much more dire than reality. But ithas alwaysbeen beyond stupid to build on a shoreline, and in the old days, no one did!
    1
  723. Well, I wish they were illegal...
    1
  724.  @maryrenaud6732 Do you not understand that all your corrupt county Democrat politicians, city and county commissioners, are the ones who are raising your taxes massively? NOT Tallahassee. State portion of property tax isn't that much higher. But any counties and cities run by Marxist Democrats ARE going much higher. I know, because I live in one (in N. FL), unfortunately. Gov. DeSantis, btw, LOWERED the state's budget from the previous years. PB County has been a Marxist stronghold (like all of S. FL) forever, and until you stop voting in Democrats to your city and county commissions, the wasteful spending will continue.
    1
  725.  @SamuelClemente7718 Because some (most?) are quite coercive. Example: the teacher's union that take big bucks out of every teacher's paycheck--whether they wanted to belong or not! FL recently put an end to this.
    1
  726. No more money for FEMA to waste on Military-age men from 3rd world countries and unaccompanied minors to traffic! And nomore for Ukraine!
    1
  727. Gov. Ron DeSantis and FL legislature outlawed forced CBDCs in FL, and if elected POTUS, promised to outlaw them nationally, also. But we chose to go with the orange grifter instead, unfortunately.
    1
  728. Even FL Gov. Ron DeSantis commented in an interview that he and his wife sold their (modest, middle-class) house to move into the Governor's Mansion several years ago, but now find they're priced out of buying a house again! His assets only put him in the middle class, so as usual, he speaks the truth, lol! He has been hit by inflation like the rest of us.
    1
  729. Plan now for what you'll do when all insurers exit the state. And oh the horror! Pet insurance, too. LOL!
    1
  730. 😂. In the old days, it existed. Not anymore.
    1
  731. L.A. is such a scam!
    1
  732. Not in FL it doesn't! And probably not in most red states, either outside of maybe Austin and Atlanta.
    1
  733. The FL Office of Insurance Regulation DOES make sure the denials are legitimate.
    1
  734.  @r.f.hopkins8163 FL OIR regulates insurance. Go cry to them.
    1
  735.  @thomaskelly6472 No more mortgages will be available without mandatory insurance. That's a no-brainer!
    1
  736. I doubt they'll be able to elimiate property taxes, because city/county/local Democrats run local government in FL and they love to give themselves pay raises and vote for wasteful, unnecesary programs taxpayes have topay for.
    1
  737. Taxes become delinquent on April 1, and online tax certificates go for sale online June 1. "Tax certificates wil be sold online for all unpaid real estate taxes which could cause the property to be auctioned at a future date". From my FL state and county property tax explanation booklet.
    1
  738. Do you not inderstand that the original company that made the contract is probably bankrupt? Gone? Poof? Judgement-proof?? And likely, she had no correct understanding of what the contract actually said in the first place. Now she will become a MediCal placement at another NH, one that accepts MediCal (welfare.)
    1
  739. It used to be, when it was much more natural back in the 1950s-60s, when I grew up there onSinger Island in PB County.But, as Joanie Mitchell sang, "they paved paradise and put up a parking lot".
    1
  740. Do you think the governor is King Midas?? What CAN he do, constitutionally?? Nada.
    1
  741. Probably, at least partly.
    1
  742. They do, at least in FL.
    1
  743. Can't she pay off her mortgage and self-insure?!
    1
  744. I'm a boomer, and there are plenty of us who are not lawless MARXISTS.
    1
  745.  @lisabeam8315 But the Democrat-Marxists who run the larger and mid-size cities keep expanding their reach into unnecessary and wasteful areas. My city's mayor awarded a newly created and duplicative "service" council to his wife, and pays her a million dollar salary from taxpayer funds to do nothing, She, in turn, appoints a bunch of unelected bureaucrat friends, who also gets paid. Then a year later, they want to increase property taxes 10% to fund an increase in the unnecessary service council, which has acomplished nothing the entire year. This is what's happening in mycity---and yours, too. Rinse and repeat, every year.
    1
  746.  @jimshoe402 But buyers simply need to recalculate the tax bill before buying, based on millage rate, using the price the new buyer is paying for the house, NOT the old owner's tax assessment. In my county, the property appraiser's office has a calculator for this, or used to.
    1
  747. He's becoming like that guy who spreads the doom and gloom on thick, then tries to sell phony "fix your credit" scheme to the audience. John somthing-or-other.
    1
  748.  @TheUtuber999 The funds are going to build schools, infrastructure, city amenities, parks, etc. for the millions of new FL residents pouring into FL! But then, too, S. FL local governments are known for their corruption.
    1
  749. Yikes!
    1
  750. Michael, SS was never intended to be an IRA or 401K.
    1
  751. Property insurance isn't that high in N. FL. I don't have insurance on my homesteaded property, and my older rental house only costs a little over 1K per year-- just got the renewal bill. State Farm is the insurer.
    1
  752. N. FL definitely hasa change of seasons! My pipes froze rightbefore Christmas last year, for the first time in 34 years.
    1
  753. At least Gov. DeSantis prevented FL from being wholly-owned by the Chi-coms, though. CA not so lucky.
    1
  754. I think you only get that now with investment property.
    1
  755.  @hdhdhshscbxhdh4195  Are you deaf? Michael just read the statistics for FL: 6% of buyers are Chinese nationals.
    1
  756. It will.
    1
  757. Don't count on it.
    1
  758.  @mingwong8091 Ha!😂
    1
  759. The UE rate in FL is probably the lowest it's ever been at 2.7%! And the holdout on signing the GOP-Dem debt limit agreement is Biden, and Biden alone! Both GOP AND Dems voted NOT to raise it!
    1
  760. WRONG. The FL legislature passed reforms LAST YEAR that they TOLD you would take several years to result in premium reduction. And you can always move out of FL!
    1
  761. Property taxes are much less in N. FL.
    1
  762. No, it depends on whether you've got wasteful spending local taxing authorities (Democrats) making up the local budget.
    1
  763. "otherwise good people"? LOL
    1
  764.  @taroman7100 Drag queens and groomers are reality?! Only in nightmares.
    1
  765. Never! And btw, forced CBDCs have been outlawed in FL.
    1
  766. Yes.
    1
  767. No, DeSantis and FL had nothing to do with cheap condo owners and their HOAs who failed to maintain their properties for decades and are now a safety risk.
    1
  768. Physical gold and silver are the best. As Lynette Zang says, "If you don't hold it, you don't own it".
    1
  769. We ❤ Gov. Ron DeSantis!
    1
  770.  @mapguy32  Yes, the FL statutes provide an eviction process. After a due process notification and passage of so mich time, the landlord simply obtains a court order, hires the sheriff to serve notice of eviction. If necessary, sheriff will move the tenant's belongings to the street, etc. Not unduly expensive, and part of the sheriff's job.
    1
  771.  @jamesfyffe2610 My county sheriff is a Democrat, but he STILL has to follow the eviction process in FL statutes or be removed from his job.
    1
  772.  @jimcrawford3185 Wrong. Sheriffs who don't follow the eviction ststutes of their state can be removed by the governor for not doing their job.
    1
  773. They go to jail if they refuse to leave, once they've been served legal eviction papers. Ofcourse, the blue states, like CA, may be completely lawless, but in FL, eviction not that difficult or time-consumig. I've comecose to having to evict one renter, but never had to finish the process because she left.
    1
  774.  @MM-ig2zq  Unless they're Section 8 (federal program) it's pretty straightforward to evict desdbeat renters, or those damaging property, in FL. It's not up to the Sheriff whether he wants his office to participate.
    1
  775.  @BruceLee-xn3nn That's why you have to follow the procedures for eviction listed in FL statutes (or your state's statutes.)
    1
  776.  @adamg1677 Why didn't you just follow the eviction process laid out in your state's Landlord Tenant Act? In FL, if you follow the law, you'll have no problem evicting.
    1
  777.  @nyyki_Baby  Nowdays, youmust ALWAYS run a credit and eviction check before renting to someone. I had to learn the hard way, too, after years of having no problems just calling their previous landlord to verify good payment history and no damages to house, etc. Gone are those days.😢
    1
  778. What an overreach by the state!
    1
  779. I recently had to cancel abank check thatnever arrived at its destination in another state, and re-issue another one. Expensive. Willnever mail a check from my mailbox again; only from the post office itself. Not every place accepts ACH and/or credit card, unfortunately.
    1
  780. FL UE rate is 2.5%.
    1
  781. ⁠ @darrinito In FL, you can only shoot people breaking into your occupied (by you) home, and only after asking them to leave or you'll shoot. This is the Stand Your Ground law, and the Castle Doctrine law, but it doesn't apply to squatters in your investment property.
    1
  782.  @debbiec6216 It's a lie.
    1
  783.  @SamuelClemente7718  The answer is simple. The longer a city is run by Marxists, the higher the crime, because the voters VOTE for lawlessness, corruption, and illegal immigration. Miami has been a Democrat run city for at leadt 50 years. Unfortunately, most big cities in FL and, in fact, the US, are Democrat-run and that's why crime overall is rising.
    1
  784. I've lived in same house in FL for 35 years, and most of my neighbors are carried out feet first, when they go. Most have been in same house as long as I have.
    1
  785.  @scottsaccountsmith And before signing on the dotted line,have their head examined.
    1
  786. Ah, yes. The days of 13.5% mortgages!? Or maybe that was early '80s. I remember.😮
    1
  787. DeSantis is a YOUNG man, and everything he does is "realistic". You have him confused with Biden!
    1
  788.  @FooFan-b3k Yup.
    1
  789.  @nicholasr7987 That's what auto liability and umbrella insurance is for. MUCH cheaper than homeowners' these days.
    1
  790. We have wonderful governor here in FL (Ron DeSantis) and someday in the not too distant future, he'll be an OUTSTANDING POTUS!❤
    1
  791. I don't think you're a doom and gloom channel, and I especially enjoy the micro information you gave today on homeowner's insurance rates, and how they vary by county here in FL. Are you also aware that the new property insurance law passed by the FL legislature a couple months ago requires ALL homeowners' property insurance policies to include flood insurance, also?? Which will undoubtedly make premiums jump even higher! This begins 1/1/26, or 1/1/27, can't recall which year. And i've lived 33 years in my N. FL home without ever needing flood insurance, nor have I needed to make a claim on my homeowner's. IMO, for those without a mortgage and otherwise able, it may be time to self-insure. (Who can afford NOT to??!)
    1
  792. A guy threatening customers with a tentpole here in N. FL would be sent to meet Jesus pretty quick!
    1
  793.  @alkoal  The Chinese Communist Party owns all the real estate in China, lol.
    1
  794. It's not the squatting itself, it's the FACT that only Marxist states/cities ALLOW it to go unpunished!
    1
  795. Do what my grandparents did in the 1920's. When people built their own houses, with help of family--then pitched in to build for other family members. Of course, my grandfather and his brothers had skills in construction. (But so worth it.)
    1
  796. Not really. I'm in N FL where we didn't get much damage at all and no flooding except within 25 miles of coast.
    1
  797. I'm hoping!
    1
  798. It's still CA though, with a population of the lowest IQs on the planet.
    1
  799. Hawaii has always been priced ridiculously high.
    1
  800.  @SensSword Sorry, but I've had an Ego battery lawnmower for 4 years, and they are only a tiny bit less powerful (and more reliable and muchmore hassle-free to use) than a gas mower, which I used for years! And mine has headlights, so I can use it in the near-dark!
    1
  801.  @janetyeoman1544 I'm a 72 year old woman who likes my Ego mower, after hassling with gas mowers for years. But I wouldn't buy a non-Ego mower.And their mowers are guaranteed for 5 years. They replaced mine, and my original battery is still going strong.
    1
  802.  @reginastevenson9380 Exactly! Each state is different, although CA is a complete Marxist takeover at this point. I'm a FL small landlord, and have never had a problem in recent years with non-paying tenants.
    1
  803. Prices have risen everywhere due to inflation. Thank the FED, Biden and Trump.
    1
  804. Hence all the derelicts.
    1
  805. Let me introduce you to OIR (FL Office of Insurance Regulation) in FL Statutes. You'll find all the regulations your heart desires.
    1
  806. It's Hawaii--a Democrat-Communist run state! Landlords should've gotten a clue by now, after whathappened to them during Covid.
    1
  807. Michael, you are describing a class-action lawsuit, which usually requires the costs of litigation be subtracted from the judgement award. Usually resulting in only a few hundred dollars, at most, for the plaintiffs.
    1
  808. Biden would never sign it, lol.
    1
  809. Why did you sell?
    1
  810. There's always 100% school choice in FL. And if you prefer homeschooling, the school allottment is given to the parent to fund it.
    1
  811. Yes, except it's MediCal, Medicaid in CA, instead of Medicare that pays for assisted living or long-term care. And anyone with 2 braincells to rub together knows there's no such thing as living forever at these often-bought-out and often bankrupt facilities this lady lives in now.
    1
  812. Biden's openborders policy gave us most of them.
    1
  813. The FL OIR Consumer Advocate just announced that 2 FL property insurance companies have requested a rate REDUCTION in homeowner insurance rates, due to fewer anticipated claims, fewer legal expenses fighting claims, partly due to the legal reforms passed into law last year by the FL legislature. This is exactly what the FL legislature was hoping would happen, within 5 years of passing the reforms.👍🏻 Also, reinsurance companies premiums are now lower than in 2022-2023. This helps insurance companies by reducing their costs, also. So at least by next year, premiums should come down (barring another hurricane.)
    1
  814. Less than that!
    1
  815.  @DIVISIONINCISION My cousin loves the VA hospital in Vt. Some are apparently quite good.
    1
  816. Oh, stop.
    1
  817. Dream on with all the unconstitutional machinations...
    1
  818. DeSantis is doing OK, thank you!😊
    1
  819.  @rubyred8332 WRONG! But anyone who thinks a gov. can control the weather, irresponsible condo owners not maintaining their condos, corruption of S FL homeowners who file fraudulent claims for roofing, inflation, etc. needs to move out of FL. The governor cannot perform magic.
    1
  820.  @bobroberts2217 Because only a 5 year old would think a governor can control inflation.
    1
  821.  @lenguindon5019 Plenty of areas in N FL are affordable, but not close to a beach.
    1
  822.  @rubyred8332 Wrong. There's no way to force bankrupt insurance companies from leaving the state. So says the US Constitution, not DeSantis! There's also no magic that allows bankrupt insurance companies to not pass on premium increases for losses to the policyholder. You love Disney, but make-believe is for children.
    1
  823.  @gkrebs6636 I grew up in S. FL when it was a paradise. You couldn't pay me to live there now!
    1
  824.  @kaybonette I agree! At first glance, I thought he might be his younger brother!
    1
  825.  @maryclebeau AND, CA has the highest state income tax in the nation! FL has no state income tax!
    1
  826. Regulations in FL require any increases in insurance rates to be evidence-based. IOW, companies must show claims loss is equal to premiums paid, minus operating expenses.
    1
  827.  @cyndi01  Yeah, but to be fair, not everyone is cut out to be a parent. It's a special gift, but a big sacrifice in some ways, too. (I've no regrets for myself, though--mom/grandmom of 3 kids/3 grandkids.😊)
    1
  828. I thought that's what Citizens Property Insurance did....provide insurance to those unable to get private party insurance in FL!?
    1
  829.  @John-c4r1o What's the difference!? The lender will always recoup its charges/costs from the borrower.
    1
  830. Cash is king for houses. No insurance required and no leveraged risk. Of course, do your due diligence and wait till prices come down more.
    1
  831. I doubt he'd ever live in that falling-down dump.
    1
  832. Well said!
    1
  833. Wait--your annual insurance is over HALF what your house is worth?! LOL! That's the ripoff!😂
    1
  834. In CA, the cops have been forbidden by the Marxist regime there not to arrest anyone!
    1
  835. Nope. It's unconstitutional.
    1
  836.  @chetmyers7041 My grandsons loved Wild Adventures when we visited Valldosta!
    1
  837. Then why not MOVE OUT?
    1
  838.  @mowtivatedmechanic1172 That's normal this time of year. (Cool mornings!)
    1
  839. Don't wait too long. I waited too long to fix my roof, so it cost much more to replace rotted wood underneath when I finally did. Good luck. I'm a Senior citizen, too.
    1
  840. Exactly right!
    1
  841.  @davidmann2524 I agree, but I think his aim is to be one of the (many) fear-porn channels onYouTube. He certainly has the gift of gab!😂
    1
  842.  @ChadValue  I think that's an IRS rule (re: inherited assets.) They have a stepped up basis at owners' death. That's actually a good thing for the inheritor,as they don't have to pay much or anything in capital gains, usually, when they sell it.
    1
  843. You should have a negative impression, it's a big rip-off, lol!
    1
  844.  @RN-Talk-Shop My cousin loves her VA Hospital in Vt!
    1
  845. Your story illustrates perfectly why it's better to price your rental rates at the median fo comparables in the area, or even a bit below. Much easier to get renters, and even missing out on rent for a month or two while waiting for someone wiling to pay a higher amount hurts your annual ROI so much it isn't worth it! I'm picky about who I rent to, but don't ask any more than the median for rent. That way I keep renters for years and decades.😊
    1
  846.  @BoredZodiac Wasted vote that achieves nothing.
    1
  847.  @ScrollTD I can assure you, Miami is mostly run by Democrats.
    1
  848. She probably has dementia (inher 90's) and doesn't understand what her contract says.
    1
  849. The brokers are the ones who make the big $$$.
    1
  850. Michael, flip over your FL Proposed Property Tax Notice, and the answers to most of your questions about property taxes and assessments will be on there. Especially, see "I purchased my house last year, why are my property taxes so much higher this year"?
    1
  851. This has ZERO to do with FL Governor, PERIOD. Get educated.
    1
  852.  @magicparkmemories That makes no sense! Unless you QUIT your job or were fired for cause.
    1
  853.  @magicparkmemories Politicians aren't supposed to send you $$$! LOL!
    1
  854.  @cynjhern I'm a DeSantis campaign donor and am middle class! DeSantis isn't wealthy, either!
    1
  855.  @DarrenRivey I'm in FL and hoas are rare in my area, except for condos. No HOA for my house, thank godness.
    1
  856. Michael, it's pronounced "Laugh-ay-ette", or it was when I lived in New Orleans (a very long time ago), and pronounced "N'awlins"by the natives. (New Orleans.)
    1
  857. Sadly, yes.
    1
  858. Ron DeSantis 2024! ❤
    1
  859. What are you talking about?! Squatting is illegal in FL.
    1
  860. Ha ha...Buh-bye non-complying condos! They'll be shut down by the state faster than you can blink, lol. And any architectural and engineering firm can do the structural report. They don't have to be from S. FL. Just get it done, lol.
    1
  861.  @Avo7bProject Property tax on cars? Do you live in a blue state?
    1
  862. Yeah, he shoulda learned some magic tricks to make money fall from heaven! What's the matter with him?!😂
    1
  863. Well, they ARE, partly! My home is in the middle of 2 city lots, and the state only allows one homestead exemption, so my tax bill is higher than my neighbors with only one lot. Seems unfair, because my house is older than theirs.
    1
  864.  @ChrisG9978 Not in FL, but each state is different. Each lot is taxed at it's "highest and best possible use", according to my local assessor's office.
    1
  865. In FL, Citizen's Insurance MUST cover you if no one else does. Michael had to know that, there was never any question..
    1
  866. You live ina Marxist gulag, and therefore nothing in NY will change. Ditto in CA and OR, as I (unsuccessfully) try to explain to my grown kids who live there.
    1
  867.  @thomasdowneyjr.4162 But of course! New Jersey's been run by corrupt Democrat politicians for decades!😂 I used to live there, lol.
    1
  868. IMO, they've provided Trump with so much free campaign and Kabuki Theater show trial news coverage that I'm sure they've "selected" him as next POTUS. He's WEFcontrolled.
    1
  869. I only have liability and PIP on my car,as well.
    1
  870. Tell me what you expect him to do: Throw insurers in prison to keep them from moving their bankrupt businesses out of state?? Or should DeSantis just tell insurers that if they want to do business in FL, they must learn to control the weather?! There, crisis solved, WHY hasn't DeSantis already thought of it?! LOL.
    1
  871. Marxists.
    1
  872. You are correct. I have a homesteaded and a non-homesteaded property; in fact, my house sits on two lots, and I'm only allowed one lot homesteaded. So my property taxes actually DO go up a bit higher each year than most, but my rental investment house goes up every year to the max. 10%!😟
    1
  873. Of course it will. People have NO idea what life will be like with the highest capital gains tax in the workd, except for Columbia. Don't vote for Cackling Hyena Kamala!
    1
  874.  @TheMickeyvdc16968 No. You can live in N. FL much cheaper than in S. FL.
    1
  875.  @Navarrete-TJ Have you noticed yet that the state of CA is bankrupt?!
    1
  876. That's for sure.
    1
  877. Anyone can write a decent offer themselves, as long as they read a good, thorough FSBO book and follow the instructions. If they are not of sound mind and not very literate then yes, they will need a real estate attorney to review and possibly write the offer contract they wish to submit to the seller. (Real estate agents ALWAYS gave me the standard NAR boilerplate contract, which I always had to make changes to, anyway.) Then they can use a title company to hold the buyer's escrow (deposit) and close, or hire the attorney to hold the buyer's deposit and close, as some states, like NC, REQUIRE an attorney to close.
    1
  878. Because NC is a WEF controlled blue state.
    1
  879. FL law requires cities to prevent homeless from sleeping in public spaces now. They are supposed to be providing shelters for them,shipping them out of town or city limits, etc. Report it to city commissioners,because your city can be heavily fined for not complying.
    1
  880. I guess I'm about to find out this weekend with the grandkids, lol.
    1
  881. Well, report it to thecityfor code violations.
    1
  882. That's about how long my last HVAC lasted. Bummer.
    1
  883. Who is "they"??
    1
  884. Did you list in the lease how many tenants can live in the house or apt.?
    1
  885. None, unless you get and pay for a special inspection, costing about $150-200.
    1
  886.  @roshinobi No such thing ever as BS Direct Democracy in US.
    1
  887. It's a safety issue, after the tragedy of one old crumbling condo killed hundreds in FL several years ago. And FL does NOT have anything to do with condo management. Ensuring the safety of buildings is necessary, as proven by the Surfside condo collapse.
    1
  888. Yes, and a perfect example of that is the scam "Childrens'Services Council" that our stupid county in N FL passed a couple of years ago! But S FL has been ripping off taxpayers with it for years!
    1
  889. I agree, but when you live in a DemocratMarxist-run city, you got few police and crime is rampant.
    1
  890. DeSantis is not King, nor is he magic. I think we have to go back in time to the way it was in FL when I grew up. No mansions built on the beaches, or multi-level condos, for that matter. Btw, I'm in N. FL, and the insurance rates here are much lower than in S. FL, unless you're near water.
    1
  891. It's the Marxist regimes allowing it to go unchecked and unprosecuted.
    1
  892. Another unconstitutional suggestion.
    1
  893. Exactly! All this drama misrepresenting the facts is propaganda.
    1
  894. Or, like me, self-insure!
    1
  895. Don't worry, she will.
    1
  896. yikes!!!😮
    1
  897. CA is a scam. I wish my daughter and family didn't live there. They'll be renters forever.
    1
  898. Yet anothet unconstitutional suggestion.
    1
  899. Only South FL.
    1
  900. ⁠ @oneemotiva4975 Same here. I'm in N FL and in the same house for 35 years now. Have never had any hurricane or other covered damage in 35 years! So I let my homeowner's insurance go a year ago. No regrets.
    1
  901. Smart decision. Many people hate living in apartments.
    1
  902. ⁠ @deep6301 Only if you're fairly poor, and don't mind filing your financial info for public viewing each year. But that's fair, I guess.
    1
  903.  @halfdollar1 Are you talking about FL? The 3% rule on property tax assessment values only apply to homesteaded property, which also means your primary residence. and the only Democrat-run politicians are running the corrupt, big cities in FL. That's exactly why our city-county and school property taxes keep going up exponentially!
    1
  904. Only in Marxist states and cities! Crime has not risen in FL, for example.
    1
  905. It's called Marxism, and is the modus operadi of the WEF and Democrat party.
    1
  906. Bingo!
    1
  907. Geico offers no homeowners insurance in FL, though.
    1
  908. They don't want us owning anything, either.
    1
  909. No, FL is not!
    1
  910. Blue states are pitiful.
    1
  911.  @nellyjohnson7316 Voting blue is what caused CA togo bankrupt!
    1
  912. But isn't that the case about everything?! This is one of the least harmful examples.
    1
  913. I pay $662 per year here in N. FL for GEICO auto insurance.
    1
  914. Unfortunately, UK is a Socialist country, which is same as "communism light". US is heading the same way unless we start electing conservative candidates, instead of RINOS and Marxists.
    1
  915. America does not need a RINO Controlled-Opposition POTUS again, like Trump. He folded like a cheap suit to the globalists in the plannedemic, and will do it again at the next "emergency". Rather have DeSantis as POTUS, he stands his ground.
    1
  916. Oh, boo hoo. The same houses on Maui can be turned into lucrative long-term rentals. Cry me a river!
    1
  917. Ha ha! Funny😂
    1
  918.  @pinschrunner Nope, not if they're bankrupt! Go study bankruptcy law.
    1
  919. Well, that's what they have to do...or just go bankrupt!
    1
  920. Because they know FL isn't a police state.
    1
  921.  @mrwilliamwonder Exactly!
    1
  922.  @JFEnterprize Nobody wants to buy RVs because they're junk anymore, and very expensive.
    1
  923. Only whiners paying for insurance and HOA's complain about what they willingly purchased and agreed to. And FL property taxes are only "average", and there's no FL sales tax. Not unreasonable at all.
    1
  924. It's a war against US citizens, plain and simple.
    1
  925.  @sharoncrawford7192 I do the same because Citi C. C. offers me 5% off groceries in form of cash back rewards. I pay the card off each month.
    1
  926. I think they're all done online now. They begin in May or June, I think.
    1
  927. Yes, they sure will!
    1
  928. Gov. DeSantis isn't a magician. And according to the FL legislature, the plan is that the end of insurance fraud throughthe new law will eventually bring in new insurers to FL.
    1
  929.  @enricopallazzo3244 Well, let's hope Trump keeps his campaign promises.
    1
  930. You don't have to take out RMDs till age 73 now. And Roths, never.
    1
  931. That's horrible! We havetopaycapitalgains ( federal tax) on profits from selling investment real estate, but it's usually "only" 20% or so in the US.
    1
  932.  @oneemotiva4975 You should be happy, because lower valuation keeps your taxes lower than they'd be otherwise!
    1
  933. All youneed to do is vote out the corrupt blue Marxist-run county and city commissioners and mayor for non-RINO, fiscally responsible conservative ones, and stop voting for new useless and duplicative initiatives, which will cost you more in taxes! (Case in point: The phony Children's Services Council. Big bucks go to the mayor's wifefor her "salary" in my city for this!)
    1
  934. Yes, and that is so wrong. But even the childless millennials don't care about future generations, so it's not just old people.
    1
  935. Should he throw the insurers in prison to keep them from moving their bankrupt business out of the state? Or should he just tell them they must control the weather if they want to do business in the state of FL? There. Crisis solved.
    1
  936. It depends where in FL you move to. North FL isn'tthat muchmore expensive than S. GA.
    1
  937. Don't be ridiculous.
    1
  938. As far as I know, most states only require PIP insurance, and that's dirt chheap. Of course, you need to pay off your car first, or have bought it with cash.
    1
  939. They keep trying to hit Tallahassee.
    1
  940. Not long at all, if we elect DeSantis POTUS.
    1
  941.  @reesedaniel5835 True. I grew up in S. FL 60 years ago, and those houses were built around then and sold for about 20-25K in the 1960's! Middle class homes, or for retirees, originally.
    1
  942. Youmightbe right!
    1
  943.  @robertensign8786 WRONG. It's getting fixed on DeSantis' watch. OIR Consumer Advocate announced certain problems are now lessening, thanks to the changes made last year by FL legislature. And Trump is a corrupt, horrid WEF puppet. That's why he unconstitutionally stepped down during Covid! DeSantis would NEVER do that!❤
    1
  944. @hvaball 150 There's already a lien on the house, from the city, for back-due taxes!
    1
  945. Guess who gets to pay all those past-due property taxes? Likely, the new buyer!! 😂
    1
  946. Don't we stillhave to have PIP in FL?
    1
  947. And Gov. Ron DeSantis and FL Legislature has outlawed Communist countries/Communist foreign nationals from buying property in FL.
    1
  948.  @sarikagoode1505 Yes it is! Most foreign countries don't allow foreigners to buy property in their country.
    1
  949.  @theboringchannel2027 No, YOU don't know what you're talking about! China does not allow foreigners to buy property there, it's a Communist country WITHOUT non-state-owned property, lol. And Thailand doesn't allow foreignersto buy property, either. Even if it's a married couple with one person a US citizen and the other a Thai, only the Thai can be listed as the owner on title.
    1
  950. 😂
    1
  951. If your property is homesteaded in FL, its property tax can only go up a maximum of 3% per year, that's law in FL Statutes. (DOES NOT include your January Re-assessment that occurs the year after you buy the property.)
    1
  952. There are no palm trees in far north FL where I live, but lots of huge old beautiful moss-draped live oak trees, instead.
    1
  953. But FL is the same, on homesteaded property. It's our "Save Our Homes"Amendment.
    1
  954. All that does is get the property tax raises passed on in higher rents.
    1
  955. This is one reason we must vote for DeSantis for POTUS! He's very much about restoring law and order.
    1
  956. I personally think the mob evolved into our federal government.
    1
  957. And a bankruptcy judge has the final say on whether the new owner is bound to honor the original contract, in any event.
    1
  958. Oh, come on. How come governments used to have enough $$ to keep rule of law and now don't?? In FL, Gov. DeSantis fired one of George Soros' funded prosecutors for notprosecuting criminals.
    1
  959. Ik,r?!
    1
  960. And it's us, unfortuately.
    1
  961. Exactly! And those globalists have a huge hand in determining the demise of single family home building for stack 'n packs instead.
    1
  962. Mostly it isn't true.
    1
  963. Of course.
    1
  964. The worst offenders are the blue Marxiststates and even Marxist-run cities in red states that have overtly orcovertly incorporated WEF/UN "mandated" building codes into our legally-mandated building codes. I was SHOCKED to read these outrageous "regs" and where they came from in my own FL city many years ago!
    1
  965. Darn right you don't learn about basic finance and economics in school--the Marxist teachers union put an end to that! FL Gov. Ron DeSantis and legislature re-instituted mandatory courses we had years ago, like Civics, Americanism vs. Communism and a basic course on consumer economics/finance.
    1
  966. Apparently, Democrat-Marxists have no grasp of contract law.
    1
  967. I have had Medicare and never used it for 7, almost 8 years now! Most of the medical industry and insurance is corrupt now. Medicare is what made the price of health care SKYROCKET!
    1
  968. But wait till we have a price correction in housing. As in 2006...
    1
  969. Waaah!!! Waaaah!!🍼😭👶
    1
  970. Did she have insurance? That should covet a lot of it, then she could sell for the value of the lot.
    1
  971. I do think Michael is addicted to doom and gloom, but he may yet be correct about real estate. Hope so. I'd like to buy a second rental house on the cheap.
    1
  972. And Joe Potatohead just gave billions to GAZA, where Hamas still has10 Americans held captive!!
    1
  973.  @jasonsheehan7782 DeSantis 2024! The only sane choice!
    1
  974. Yes, although the legislature outlawed assignment ofbenefits , so hopefully unscrupulous roofers and greedy homeowners will stop colluding to commit fraud.
    1
  975. That's the parents' fault!
    1
  976. Why should politicians be responsible for managing YOUR homesteaded property for you! Condo owners need to grow up.
    1
  977. Because they are unconstitutional WEF regulations!
    1
  978. I paidproperty insurance for 35 years on my home in FL and never made aclaim. Never had flooding here, either. Have been self-insured for last couple years, and no regrets. BUT: I'm in N. FL, about 25 miles from any coast.
    1
  979. This will be fought in the SCOTUS, and it will lose. Because it's unconstitutional on its face.
    1
  980. Democrat-Marxists voting with their emotions. Not logic.
    1
  981. Not all the courts have been bought by the Marxists, though.
    1
  982.  @taroman7100  Except in FL and other red states.
    1
  983.  @RR_85 DeSantis can't do much with the FL legislature OUT of session, DUH! And besides, the reforms enacted last session are now beginnig to lower rates, hopefully! You were TOLD last year, that it would take up to 5 years for rates to possibly lower, and you can always MOVE OUT of FL if that's not to your liking!
    1
  984.  @janetairlines1351 Hellooo! Half of all states already have this "no resign to run" law, and it's quite fair, lol!
    1
  985. Michael, aren't you on the hook for your car when it goes down in value? Why should mortgages be any different? As for the 7 or so biggest banks, the FED's agenda is to save these banks, while killing off the middle-sized and smaller banks, with the aim of eventually making the FED the only one left standing. Central banks are a tenent of the Communist Manifesto.
    1
  986. Most foreign countries restrict or don't allow foreigners to buy real estate in their countries! Thailand is one. There are many more, and all for good reasons. The CCP has bought most of CA. Hell to the NO, FL should not be selling its land to the CCP (China) or any other country!
    1
  987. Self-insure and avoid the stress. 😊
    1
  988.  @frawdulent Exactly!
    1
  989. Maybe you need a different tax preparer. The rules were, on the last stimulus "payment", to take it on your '22 tax return, IF you didn't already receive the payment. So that's what I did, and had no problems.
    1
  990. Michael, developers aren't going to offer you as much as you think for the land, because then they've got to demolish the condos and rebuild something that would allow them to recoup their investment plus some profits.
    1
  991.  @wrongthink1212 Not all Boomers care nothing for their kids, and I will also say, it works both ways.
    1
  992.  @Noworries-PU7ye Can you read? Because all you have to do is turn to OIR in FL Statutes, and you'll LEARN that insurance is indeed regulated in FL! Let me know if you have any problems reading! I figure you might be about 6 or 7 years old??!
    1
  993. the legislature met in special session to deal with insurance companies, but not even God can keep insurers from leaving the state because they are bankrupt or losing $$. DeSantis cannot control the weather, though you Marxists blame him for EVERYTHING.
    1
  994.  @bcq6154 Wow! I hope Michael finds out about that, so he can move there and stop complaining 24/7 at last, lol.
    1
  995. I'm an elder, and there's very little "elder abuse" going on outside of some NHs and ALFs. I'm much more wortied about our grandkids being brainwashed in Marxist propaganda schools because they are our future.
    1
  996. Actually, population growth is at an all-time low in most " first-world" countries. That's why there are fewer and fewer workers to support retirees SS now and in future.
    1
  997.  @MichaelBordenaro  An LLC has to be registered and property cannot change hands under this bill unless it's a US registered LLC, probably.
    1
  998. Nope. It's all about the Marxist agenda. Not happening much in FL.
    1
  999. Ha ha...yeah, the West Coast is definitely the "first" to try pooping on the streets and allowing wholesale looting of businesses, while Silicon Valley left the state and/or downsized like crazy, and medical tyranny hand in glove with Marxism. The rest of the US will take a pass on the Left Coast, lol.
    1
  1000.  @juanvaldez7279 I think you're smoking the wallpaper!
    1
  1001. Yeah, Dave Ramsey, for one.
    1
  1002. Yes, it is.
    1
  1003. Exactly! Besides having to be in business with the government, it's like simply taking out a loan! Not "free money" at all.
    1
  1004. All I know is, I could not afford to live in retirement if I were still having to pay a mortgage. And I'm in N. FL, where property prices are lower than S. FL.
    1
  1005.  @sickman5000 Arabs??! 😂
    1
  1006. Living in FL where Gov. DeSantis is governor.
    1
  1007.  @gregoryabbot420 But thegood thing about Capitalism is that everyone has CHOICES. I chose to dropmyhomeowner's insurance. Problem solved!
    1
  1008. I bet I know which one. State Farm!
    1
  1009. It is. I've had my notice for weeks now, but when you get it depends on when your taxing authorities (county) decide to send it out.
    1
  1010. N. FL is cheaper. Not cheap, but less for rent.
    1
  1011. Insurance companies don't pay for arson. It's a crime, lol.
    1
  1012. Democrsts are bigger crooks.
    1
  1013. Even more, gov. involvement=corruption!
    1
  1014.  @AJSHOPE  But his mother could still be Jewish. I'm guesding he's a NY hybrid, lol.
    1
  1015. I disagree. Michael is 100% devoted to doom and gloom predictions.
    1
  1016. Michael, you seem a bit jealous of the millennials and Gen Z's parental donations towards the down payment on their first home. But you have no right to be, because my in-laws helped add to our first home down payment 40 years ago, and I'll be helping my kids with their first home down payment, too. Why SHOULDN'T we help our grown kids, as long as we are able, and as long as they are also saving for it themselves, of course! You are not old enough to be a bitter old man yet!
    1
  1017. I live in FL and am a MAGA, too--but we should have elected Conservative governor RON DeSANTIS as POTUS, not con man Trump!
    1