Whether you live here or not, most likely you know Florida continues to be in the news ...alot. We've got some of the headlines below--no stance, just sharing news...
We won’t get into all the various stories making headlines, just the ones that are relevant in our shared business interest (investment property).
Again, whether you live here or live in another part of the country and have investment property here, you know what’s about to happen: heat and hurricane season. We’ve tackled these subjects with your residents so they are prepared. We’ll keep you apprised as we always do regarding potential storm threats as the season unfolds.
We’ll tell you now: be prepared for higher than usual maintenance activity re: HVAC in the coming months. We’ve enjoyed an actually rather long “spring” as it is just now starting to stay steadily in the 80s (and climbing). When we start stagnating in the 90s, daily, the systems will be working hard most of the time….
And late breaking news on Friday afternoon: The Florida Senate passed HB1417 (house version) of the Landlord Tenant Act preemption 29-11 and is now headed to the Governor for signature. With the passage of this bill it helps our state with affordable and workforce housing by allowing the market to work to stabilize rentals. This also will keep costs down as it reduces government regulation. It also sets a 60 day notice requirement to terminate a written lease which gives our residents time to find new housing and our landlords time to prepare for turnover.
Lastly, here is some of the recent press about Fla & Jax that is uplifting!
Happy Mother's Day to all the Moms!
The Team at FPM Properties
