Whether you live here or not, most likely you still know Florida has been in the news…alot.
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….
Speaking of “systems”, there is a deadline on the installation of carbon monoxide detectors in properties that receive federal funds (think HUD Section 8) of 12-27-22. As an added protection/safety measure we are installing them in properties as they turn/update/rehab regardless of funding status. Check with your insurer as discounts may be available. If you would like to read the HUD notice, email marketing and we’ll send it to you.
One more item worth mentioning: despite quite a bit of hassle and some well publicized complaints from both resident and owner/landlord registrants the Our Florida rental relief seems to flowing more smoothly and as of April 22, the OUR Florida has distributed $1.19 billion out of the $1.5 billion the State of Florida received in rental assistance funds from the federal government. According to a press release from OUR Florida, the funds have assisted 215,712 households across the state. If you’d like to read that, email marketing.
Michael recently "interviewed" Representative Clay Yarborough for the local NARPM Chapter--click below to request the link be sent to you!
Lastly, here is some of the recent press about Florida AND Jacksonville that is quite promising!
Happy Mother's Day to all the Moms!
The Team at FPM Properties
