Hurricane season is upon us once more. If you are a home or business owner whose property was affected by a hurricane, storm, or other natural disaster, here are some tips for filing an insurance claim and what to do if you need help.
One of the effects of the great mortgage foreclosure recession is the large increase in rental properties in communities that were once generally owner-occupied (i.e., primary residences or vacation homes).
As prices plummeted after the foreclosure, investor groups sprung up to buy the now-cheap properties and turn them into rental properties as a long-term investment. One such company is Invitation Homes, founded in 2012, that now owns 80,000 properties in seventeen markets, including a substantial number in South Florida. A Property Appraiser search for IH3-IH6 Property Florida, LP (subsidiaries of Invitation Homes) showed ownership of 1,138 homes in Palm Beach County alone almost all available for rent.
We all want to live in a better world, though our definitions of what that looks like may differ.
Do you do something every day that is meaningful to you, something that adds purpose or passion to your daily activities? Do you have a driving force behind you that adds fire to your days and gives you a reason to get out of bed in the morning?
If so, you may be making yourself more productive at work, and you may even become physically healthier as a result.
Current social science research is revealing data that shows what positive results will occur for those who act in ways that promote meaning or purpose in their lives. Each day brings its challenges, but how we react to them is key. Regardless of the trials we may face, we all have a lot to be thankful for. That’s why gratitude is so important.
However, according to recent research, a positive attitude is not enough. You must also operate with a purpose in mind. Below are two recent examples of this research: Continue reading
Generally, people in Florida have an understanding that if you get divorced, there is a premise that the marital assets and liabilities will be distributed equally unless there is a valid basis for an unequal distribution.
However, a common question is:
What is my equal value of a business that was formed by only one spouse during the marriage?
If only one spouse is involved in the business, the other spouse likely thinks that the business is worth a lot more than it really is. And the spouse that is involved in the business is most likely proud of its financial stability any other day, but come time for divorce, all of a sudden it’s a business that is worth nothing.
Below are four common factors to consider that may help in calculating your business valuation or come into play during your divorce proceedings:
Picture this… You’re about to sell your house and retire to Florida. The documents are signed, movers are hired, and all you need to do now is confirm that the title company’s wire has hit your account. You receive a call from the closer that the funds have been wired. You check your account—no wire.
An hour goes by, then two, then twenty-four hours, then two days. When you ask the title company to confirm the wire instruction from “your” email, you discover to your horror that the wire instructions “you” sent were not from you, but from a hacker who got into your email, found out you were selling your house, and sent fake instructions to the title company.
This has happened before and will almost certainly happen again. But it doesn’t have to if you are diligent and careful.