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Originally Posted at: www.thepinkflamingo.info



Did you know that before you even step foot onto American soil one or many estate agents may have already had their hands in your pockets? It’s called a builder’s registration and it works like this:

• When a potential home buyer, we’ll call them Buyer A, is interested

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Originally Posted at: www.thepinkflamingo.info

You’ll likely be responsible for a variety of fees and expenses that you and the seller will have to pay at the time of closing. Your lender must provide a good-faith estimate of all settlement costs. The title company or other entity conducting the closing will tell you the required amount for:

• Down payment
• Loan origination
• Points, or loan discount fees, which you pay to receive a lower interest rate
• Home inspection
• Appraisal
• Credit

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Originally Posted at www.thepinkflamingo.info

So you purchased, or are thinking or purchasing an STR (short term rental) vacation home in Davenport or possibly Kissimmee. By now you’ve probably done the math and figured that a huge chunk of your expenses are coming from the property management company you are hiring to book it out and maintain it. You tossed about the idea of how you could cut them out of the equation and save yourself money but you just don’t know how you would...

Originally Posted at www.thepinkflamingo.info


Believe it or not there is alot of work that goes into preparing your vacation home to rent before you can actually start renting it out. If it was a short term rental before you purchased it a lot of this may have already been done otherwise, here is a short and brief reference for the not so fortunate:



Compliance: Your vacation home must comply with STR laws for the County and your HOA (Homeowners...

Originally Posted at www.thepinkflamingo.info

I never wanted to be a whistle-blower but I just can’t sit back and watch good people get ripped off by property management companies on their vacation homes. Having worked for a management company briefly in the past and seeing what goes on behind closed doors I have a first hand view of the hidden expenses that most companies don’t tell you about when giving you their sales pitch.

The first thing one does after placing an...