I am a Native Floridian, and presently reside in the Lakeland Highlands area of Lakeland FL. One of the things i will mention, for those looking to purchase a few acres of land in the country side or rural areas - and that is that Florida is a Land Locked State. Although a realter would be bound to disclose the reality of a specific property being land locked, there are even then some items of interest that bear watching for. In other words if a couple or more acres do not border a County Road, and are surrounded by private property with no private access, then one would need an easement across one of the other properties for access. Even then based on zoning and land use codes, one might still not be able to build on one's new property. One will need to check with the Land Utilization Offices for each County before making a decision on purchase, if one plans on building of any type.
Signing a document requires that people abide by the agreement. Nothing is free. Either move to a non hoa neighborhood, pay the high taxes, save the money for house repairs. Hoas save money for maintenance for people. I am on an hoa board. I am sick of people not cleaning their dog crap, not painting, not cleaning up their trash, parking eyesore non functional vehicles. I can't wait to see non hoa neighborhoods to sue people for their ridiculous behavior.
Some people require simplified rules to help keep up the home owners equity in the immediate surroundings. If everyone would take pride in their own properties, then the Hoa’s wouldn’t exist. It’s a sad World that we live in with people’s disrespect for their own property values along with their neighbors! They have to be told in writing where to park their cars, what color paints, how tall other utility structures behind their fenced in back yards are allowed! All of this, because people don’t really care!
My biggest money mistake was losing almost all my money during the great depression in 2017 especially to the Lehman Brothers. It taught me one unforgettable lesson though.
Diversification". Never to put all my eggs in one basket. Now, I try to split mine between Stocks and Real Estate such that if one is affected, I would not be too affected and that has paid off as I made my first million earlier this year through this method (got the help of a pro though). I also experiment with a couple of other things. Hard to imagine what the situation would had been given the economy.
Pragmatic... I have been into all of these for sometime and though I won't say I have lost a fortune, I have squandered quite a lot... How can I get in touch with one? If it's not a problem, do you mind recommending the pro. you worked with? I could definitely use the help of one right now... I anticipate your response..
@@LionTowercoporation I can honestly relate. It's not as easy as it may sound and requires some sacrifices but it is definitely rewarding.It's best you do your due diligence, I have my portfolio overseen by ‘Colleen Janie Towe’ and her qualifications speak for itself. Most likely, the internet is where to find basic info, she has a noticeable page for consulting....
Who's to say that an unscrupulous HOA wouldn't raise fees or assessments to ridiculously unaffordable levels overnight in order to steal your property? It seems to me that HOA's boards are the biggest criminals.
I’ve watched a ton of videos on RUclips about buying real estate in FL and had yet to hear about a few of these points. Such valuable information, much appreciated! 🙏🏼
Tried Florida in 2004 it was okay.i bought a ocean front home in Mississippi for $300,000 .it's 5 thousand square feet.with a Olympic size pool.4 acres.boat dock to ocean,no HOA,gated community.casinos close.loose women closer.its a million dollar home in florida.all your tips are great and true.my uncle had Chinese drywall.they moved.florida is a refugee camp.to many parasitic expenses that will smack you back to reality real fast.good luck.
I am a Native Floridian living in Michigan at the moment. This is the best video I have seen on RUclips for Florida Home buying. The Topics were those I would have chosen, and you articulated them very well. There are a lot of pitfalls to living in Florida that northerners just don't realize. I would have elaborated more on Locals vs. Newcomers! Perhaps you could take that one on in a Comical type of way!
So right Frank. Moved from MI to Florida in 96. Was great, affordable and honest people. Now we have the worst of the worst moving here. Rich retirees from all the liberal states ruining the state. I living a dump with septic issues, roof issues and on and on. Some northern idiot will pay 300000 for a house worth 100. Then there's RICK SCOTT. $1.6 BILLION IN FRAUD. FLORIDA'S GOVERNOR AND NOW US SENATOR. WOW.
I left this sorry ass state of Michigan along with the sorry-ass politicians 27 years ago I will never go back there you can have your winter wonderland I'm much happier here in Florida and here to stay🎉
@@TroyFunkBroker loving your videos! Can you send me some info about relocating please? Weary of high pressure realtors already. Looking at planned communities, flexible.
Thank you for the info! I was taking notes. Thinking about moving back to FL to buy my first home after living in Los Angeles. Buying a house here is impossible when you're just starting out but paying 3k per month in rent is like paying 100% interest. Thanks again for making this vid!
Here are some things to budget for or keep in mind when buying a home in Florida. Florida gets extreme heat, humidity, rain so expect more issues especially if you come from a milder climate. Here are some things to consider. Plan on spending much more for AC maintenance, repairs, replacement. Since they run 24/7 in the summer months they break a lot and plan on replacing every 10 years. Also If you buy a home built in the 1990’s or older beware of polybutylene piping. I had an inspection so factored this into my price and after multiple piping repairs, i completely replaced my piping. Also, plan on power washing a coupletimes a year and exterior painting every 10 years. Also due to weather extremes you probably will need to resod or regrass every 5-7 years. As for HOA fees know how much they are and know the restrictions. Coming from California, I was surprised that HOA fees were often more expensive in Florida even on homes that were less expensive. They love to send nasty grams to get you to power wash, repaint, resod, trim your trees, edge your lawn, resurface your driveway. As for population growth yes it is bad. I moved here at the end of 2000 and it was Nirvana but now it is way too crowded and getting worse. Once i retire i will move out of Florida.
@@EllieM_Travels And you moved to....? I moved to Florida back in 2009 east central Fl. Brevard County. Saw explosive growth there in the 12 years I lived there. I moved up to the panhandle. Quite different here as traffic/crowds were getting a bit too much for me
All true! Awful traffic, bad accidents and back ups, overcrowding, hard to get to the beaches on the weekends… minimal beach parking, restaurant lines, HOAs outrageously expensive, MOLD! And don’t forget termites, brown recluse, snakes and mosquitoes, sunburn, AC problems, the paint baking off your car and the occasional Cat 4 that’s coming to wipe your town out. I think I covered it. Maybe not… 😅
Thank you so much for all of this information and honesty! I'm looking within the next 6 months to invest in a property in Florida, so this is so beneficial. Thank you again, and now I'm subscribed to your channel! best, Orlando
11. Make sure your HOA or condo mngt. association is not embezzling your monthly and escrow account. The Hammocks is a recent one, and another in Naples involved a Cuban Husband/Wife team that fled to S. America with millions. Demand that an outside auditor look over the financials annually.
They just arrested our President of our board. Our mngmnt company doesn’t do anything. Our place is a mess and we have owners and renters just doing whatever they want.
@@sherricilburn9753 another reason why I can't stand them. The legislature gives these associations way too much power. Sadly finding neighborhoods without these terrors are hard to find.
wow , this is the most informative video I've seen in a long time. Thank you for all that good information!! If I ever buy a house in Florida I will come to you!
Great video , so if you are considering moving to Florida , might want get a price quote on Insurance, best to be in a seated position before you review the price, even if you get a new roof, $4000 - $9000 year , pretty average price, depends also on section of State you move to. Get price quote before you purchase , getting worse every year , NO help coming from legislators.
Thank you Mr. Funk for the tips that you arrive in your video. A lot of things that I wasn’t aware of. I live in New Jersey for now, but I am thinking of some day moving down to Florida but the advice and tips that you given this video are very interesting. Thank you so much for your info and input.
Thank You, For being Honest more Realtors; need to be totally on board. In additional to, when it comes to the housing market. also, the cost of living as well as the HOA FEES!
from what i see this is not a place i would want to move to and yes i have heard about the flooding issue even when the tide changes and being flat is definetely not good being that close to large bodies of water, great vid and nice to have someone give and honest insight to the problems in that state with propery.
Check the flood zone rating for any property you are purchasing in FL. Many times this will be listed on the website but can also be looked up on the FEMA website. Where I’m at in FL the flood zone rating is X (the best) flood insurance is not required. If you buy in an area that’s not X flood insurance may be required and will double the price of your home owners insurance.
As a new resident of FL we had a home inspection done and I wish you would have went more in depth on inspectors. We felt ours was a complete JOKE and waste of money. I would have GLADLY paid twice as much to have a REAL inspection done. Also, I wish you would do a video on the different "levels" or "types" of inspections. We bought a home that had issues (A/C and water intrusion) that went unnoticed by the inspector.
One thing I've learned about the people of Florida in my 14 years living here is professionalism is almost non-existent. Incompetence is much more prevalent. That goes for tradesmen, health care workers, just about anyone/ anything you can think of.
Rain or water retention are not the main concerns when we talk about flooding but Hurricane Storm Surge (sea water) depending on the wind speed, tide and other factors floods can go up to 25' or more causing human lifes losses and destroying entire cities.
Great advice. Some app,y to any home purchase but others like mold, flooding, drywall are unique to FL. Look for concrete block construction, avoid wood frame in FL.
MOLD is a HUGE PROBLEM in Southeast Florida...aka Palm Beach, Broward, Dade Counties. The contractors take shortcuts out while overcharging for services. On top of that, they will try and charge you more to do the job the correct way. Alot of Contractors out here are people with a license only, no experience in construction. They choose the subs that are the cheapest and since the subs a few the subpar work is great. Buyers beware of buying..most people aren't taking care of the properties and are selling due to unkept maintenance. Before we built our home we stayed in 2 different condos and we had mold issues with both.
Well Terry, I can attest to that. I'm a Female CDL Driver (13 years). I also worked for 2 Airlines. I'm from Arizona but spent my younger years in Illinois, Canada and Spain. Perfect and Life (living) in the same sentence, doesn't exist. Arizona has many of the Animals, Bugs etc. issues (like Florida). Yet, our State keeps growing. I've been to Florida for Vacation. However, I would like to spend a little time there, for a potential retirement spot. All 50 States have Pros and Cons. A Mover has to weigh, what is best for him/her or them (Couples).
Chyk eeze drywall was not just a factor for new construction in 2006, it was predominantly an issue for damage from the 3 hurricane in 6 weeks, inland. Charley, Francis, and Jeanne. The amount of replacement drywall was significant. These problems showed up shortly thereafter with negative health effects to humans and pets. These issues cannot be Kilz'd over either. There is a certain odor.
A little different ? 😮It’s Insane ! It’s gotten out of control ! I’ve been living in Sarasota Fl for 35 years and this is crazy how populated we have gotten 😢I mean seriously this is the worst !
Well go back to where you came from and take all your Yankee buddies with you !! As a fifth generation Floridian we can’t stand you damn Yankees so go home
Yep same here in Oklahoma. California pepple buying all the houses out bidding Okie people because they come with so much cash. Out home prices have ky rocketed. Gee thanks.
Great video Troy! Thank you so much you point out some very important points and potential land mines to be concerned why thank you! Hope you have a great 2023 thanks for the information!
Thank you Troy. I'm one of those who couldn't take it anymore living in CA. My wife and I purchased and are renting a duplex in Gulfport. We have been pleased with this property as an investment and, though we're currently living out of the country, we look forward to keeping some roots in FL. I'm thankful for the 10 practical areas to watch for and that you've shared and look forward to continuing to be a fan of yours.
Troy, great video. I bought a home built in 1952 in a historic area of PB. Had everything replaced 2 years after buying it. From roof to electrical wiring, insulation n plumbing. Top to bottom. The new homes here are not built well. They are put up in less than 6 months. That can’t be good. LoL Love the video. Thanks for posting
Love your videos! There are many more things you may have not mentioned. Yearly hurricane damage, fire ants infesting the state, boa constrictor snakes in the toilets, mosquitoes, alligators and not to mention how muggy it is and extremely uncomfortable the weather is! It is a terrible place to invest! Oh one more thing...never buy a conventionally stick built home! It won't be standing long due to either the humidity damaging the pressed wood they build with today, or the termite damage!
Thanks Frank. My wife and I are in Cape Coral as I write you. We are retiring at year's end from Southern New Jersey! Just looking to rent a 2/2....something years around , near the Gulf of Mexico. We want free parking at the beach or low fee street parking near the beach. Every town South of Cape Coral is a NO! We found ONE TOWN that fits our criteria, but we have run out of time to look further North! I think there is going to be a housing busy by years end. I will be in contact shorty!
Your points while all valid also illustrate how quickly things are changing hrre (renting in Orlando, wont ever buy). I suggest that you put the dates on your videos seeing that you ll have mych mire to cover in the near future. Your analysis is spit on by the way.
:) Thank you for the compliment. This was one of my first videos ... I look back at this one and think is shows how much I have improved in making videos - LOL
Thank you so much . Not many people realize toxic ness of a homes . I mention or ask people think I am fussy or picky . So many people are house sick Little do they know
Thank you for this valuable information especially coming from a real estate broker, definitely weighing the pros and cons of moving to Florida when I retire, I’m from up north, once again thank you
Can't emphasize no 1 enough. Homes go up here in as little as 8/10 wks. Towards crime, I've seen elderly tearing off grapes, eating them as they grocery shop!
there are some older homes down here with crawl space, you are correct, frame construction, joist floors, there are no basements, water table too high, (about the worst state for termites too ,like Texas) typically all plumbing stub before pour concrete slab. Not sure about panhandle if they build all frame ,would be able to have a crawl space, seen it in Georgia and few 100 year old homes here in Florida Nearly all homes now, in south Florida are concrete slab construction, and CBS , plumbers can slant tunnel under a slab to replace a pipe on mess up, but probably costly. Also there are many homes from late 70s , 80s, early 90s with polybutylene plumbing , all leak inside walls micro fissures, was class action lawsuit, Many Insurance Companies will not underwrite policy with this type pipes.
Wow what a good information! Love your video will follow your more ! You have a good heart 👍thanks for sharing! Happy new year with joy and good health 🎉
You no longer need a license to carry in Florida… no background checks or training either… lovely isn’t it?? But I would get licensed if you plan on traveling and carrying over state lines.. think we are still compatible with 37 other states
Don't forget Florida's unfair property tax system where you're taxed on the price you paid. We have identical homes in our neighborhood where owners who bought some time ago pay less than $1,500 a year in taxes, but if you buy today based on today's value you would pay about $8,000 a year on the same model house. People moving here have no idea when they buy a "Homesteaded" house how much their taxes will rise as most northern states revalue properties so everyone pays their fair share of taxes and taxes don't change because the home was resold. Florida puts an unfair and undue excess tax burden on new homeowners.
Repubs have ruined this state with all of their good ole boy shenanigans! Insurance companies no longer have a cap on how much they can raise their rates. This is a state for the very rich!
There are very few locals in Florida. Most are snowbirds from the New England states, Democrats from blue states, and institutional investors. Most desirable areas and the demographics are unrecognizable from just 20 years ago. Most Sellers are still trying to rip off would-be buyers, who in turn try to flip the house again. I wouldn’t touch this state for the next 5 years until the non-sense stops.
Yeah. Let the FOMOs saturate the market. It will be a blood bath in few years time. Especially if economy takes a major dive. Not the first time this happens to Fl.
This is a bald face lie, the overwhelming number of People moving into the State are from the Mid Western states cause they can't stand the Winters. Secondly, most of the developers are New York based investment companies (a Mid Atlantic state ) who are responsible for places like Ft. Myers. Moving on, the state assembly recently passed and approved a heavy gerrymandered voting district map making it impossible for a opposition party to win seats, thereby NO consumer protection is possible. Most people in Southern Florida are obsessed with preventing illegal boarder crossings or Trans people using their bathrooms that they can't (or won't) drill down and talk about the real problems.
Great points Troy...Forgot to mention Drywood Termites...and new laws affecting condo HOA's of high rise buildings more than 3 stories will need new foundation and building inspections and a certain percentage of reserves put aside for potential structural issues...Sad to see Ft. Lauderdale Beach being overrun by raising sea level, esp. during King Tides...soon those high rise buildings on the beach will be under water...!! How many more insurance co.'s will be leaving the state..??
Thank you - you are right "Termites" - Yes, the new laws with 3 story condominiums is a major set back. I am not experiencing getting insurance on the West Coast at this time.
This video is spot on!!!! I moved from up north to nothing but problems in living in Florida! Crime on the west coast!!!! Vagrants all over your property to steal whatever they can. Hand my garage broken into and my drywall ceiling cut out! Flowering plants dug up. Nothing left outside ! No fence for my pet as HOA doesn’t allow. Coyotes running through my back yard & are federally protected. HOA will not capture & relocate. Car insurance is ridiculously high as well as homeowners insurance! Electric is also crazy costly! Sinkholes are a worry! Traffic on highways crazy when the snowbirds are in season. Mold, geckos, and fire ants are nuisances!! Added expenses- wall to wall cameras around the house, lawn service for fertilizer & pest control, lawn services & power washers, home inspections regularly for upkeep to home! Who said it was cheaper to reside in FL? Only break are the property taxes!! Flooded highways & poorly lit highways Great video!!!!
Lot of good points but question the order of importance you listed. Many of the ones you mentioned would be considered geographic issues to parts of Florida versus statewide. I would have to say the #1 issue in the State of Florida is the rising cost and ability to obtain insurance as it affects all homeowners.
For me number 9 is quite poignant I'm on my dad's condo board you can't believe how many people over the last couple of years have fought me over parking one apartment one parking spot period. They knew this when they moved in they signed off on it. yet they seem to want to change the rules to fit their needs. We only have so much space it's not like we've never thought about adding more parking we just can't. I tell everyone if you don't like the way things are join the board then you'll understand why our hands are tied over certain things but they'd rather complain then get on the board. I have started telling people if you don't want to help with the solution I don't want to hear the problem and I walk away
@@tom.1656 I've been available and listen to everybody's concerns and issues unfortunately most want to complain and do nothing about it I've offered them the opportunity to go on the board because we always seem to be looking for someone but they all of a sudden disappear or give me an excuse as to why they can't do it they just want to complain offering solutions as to why things cannot be done doesn't seem to matter it's amazing to me.
Recommed WATCH - ruclips.net/video/bcGzEMhUCeE/видео.html (Before You Buy Land in Florida - BEWARE)
Really dude a mixed couple? 0:37
I am a Native Floridian, and presently reside in the Lakeland Highlands area of Lakeland FL. One of the things i will mention, for those looking to purchase a few acres of land in the country side or rural areas - and that is that Florida is a Land Locked State. Although a realter would be bound to disclose the reality of a specific property being land locked, there are even then some items of interest that bear watching for. In other words if a couple or more acres do not border a County Road, and are surrounded by private property with no private access, then one would need an easement across one of the other properties for access. Even then based on zoning and land use codes, one might still not be able to build on one's new property. One will need to check with the Land Utilization Offices for each County before making a decision on purchase, if one plans on building of any type.
Thank you your info has been very helpful.
Pppp pop pp
After watching this video I have changed my mind about moving to Florida.
Troy, you are a very honest person, may God bless you, always!!!!!! You told the truth as it is without hiding anything, thank you!!!!!
To all potential movers to Florida ... listen to what this guy has to say ... it is the truth.
Thank you for the complement.
They're not going to listen they pay $400,000 for a $200,000 home, people that have been living in Florida most of their life know better
@@TroyFunkBroker they are literally destroying Florida with all these new fees
The HOA foreclosure should be ilegal, they are only in the maintenance business , the HOA are given the key to be thieves with a legal key.
Signing a document requires that people abide by the agreement. Nothing is free. Either move to a non hoa neighborhood, pay the high taxes, save the money for house repairs. Hoas save money for maintenance for people. I am on an hoa board. I am sick of people not cleaning their dog crap, not painting, not cleaning up their trash, parking eyesore non functional vehicles. I can't wait to see non hoa neighborhoods to sue people for their ridiculous behavior.
Educate yourself before posting bogus comments. Won’t make you look stupid 😂
Once you signed in HOA you’re doomed to their rules; they are like dictators
Stay away
Then dont buy homes with HOAs.
Some people require simplified rules to help keep up the home owners equity in the immediate surroundings. If everyone would take pride in their own properties, then the Hoa’s wouldn’t exist. It’s a sad World that we live in with people’s disrespect for their own property values along with their neighbors! They have to be told in writing where to park their cars, what color paints, how tall other utility structures behind their fenced in back yards are allowed! All of this, because people don’t really care!
My biggest money mistake was losing almost all my money during the great depression in 2017 especially to the Lehman Brothers. It taught me one unforgettable lesson though.
Diversification". Never to put all my eggs in one basket. Now, I try to split mine between Stocks and Real Estate such that if one is affected, I would not be too affected and that has paid off as I made my first million earlier this year through this method (got the help of a pro though). I also experiment with a couple of other things. Hard to imagine what the situation would had been given the economy.
Pragmatic... I have been into all of these for sometime and though I won't say I have lost a fortune, I have squandered quite a lot... How can I get in touch with one? If it's not a problem, do you mind recommending the pro. you worked with? I could definitely use the help of one right now... I anticipate your response..
that's a really clever approach
@@LionTowercoporation I can honestly relate. It's not as easy as it may sound and requires some sacrifices but it is definitely rewarding.It's best you do your due diligence, I have my portfolio overseen by ‘Colleen Janie Towe’ and her qualifications speak for itself. Most likely, the internet is where to find basic info, she has a noticeable page for consulting....
Thank you. I will search on her site online and do my due diligence. If She seem proficient. I write her an email and scheduled a phone call.
Was considering retiring there….you talked me out of it. Thank you for info😊
You just made me appreciate my townhouse in Maryland… it’s brick on block. No HOA and homeowners $1,000 a year. ❤
As a real estate attorney in Pa., I congratulate you on a great video. Very nice job.
HOA is trouble to homeowners. I’m glad that I owned my home without HOA.
Who's to say that an unscrupulous HOA wouldn't raise fees or assessments to ridiculously unaffordable levels overnight in order to steal your property? It seems to me that HOA's boards are the biggest criminals.
I’ve watched a ton of videos on RUclips about buying real estate in FL and had yet to hear about a few of these points. Such valuable information, much appreciated! 🙏🏼
Tried Florida in 2004 it was okay.i bought a ocean front home in Mississippi for $300,000 .it's 5 thousand square feet.with a Olympic size pool.4 acres.boat dock to ocean,no HOA,gated community.casinos close.loose women closer.its a million dollar home in florida.all your tips are great and true.my uncle had Chinese drywall.they moved.florida is a refugee camp.to many parasitic expenses that will smack you back to reality real fast.good luck.
Mississippi suckkkkkkkkkkssss
I am a Native Floridian living in Michigan at the moment. This is the best video I have seen on RUclips for Florida Home buying. The Topics were those I would have chosen, and you articulated them very well. There are a lot of pitfalls to living in Florida that northerners just don't realize. I would have elaborated more on Locals vs. Newcomers! Perhaps you could take that one on in a Comical type of way!
Thank you for your compliment. :)
So right Frank. Moved from MI to Florida in 96. Was great, affordable and honest people. Now we have the worst of the worst moving here. Rich retirees from all the liberal states ruining the state. I living a dump with septic issues, roof issues and on and on. Some northern idiot will pay 300000 for a house worth 100. Then there's RICK SCOTT. $1.6 BILLION IN FRAUD. FLORIDA'S GOVERNOR AND NOW US SENATOR. WOW.
I left this sorry ass state of Michigan along with the sorry-ass politicians 27 years ago I will never go back there you can have your winter wonderland I'm much happier here in Florida and here to stay🎉
Eughhh Michigan over Florida is crazy asf. Freezing cold is crazy
@@TroyFunkBroker loving your videos! Can you send me some info about relocating please? Weary of high pressure realtors already. Looking at planned communities, flexible.
Thank you for the info! I was taking notes. Thinking about moving back to FL to buy my first home after living in Los Angeles. Buying a house here is impossible when you're just starting out but paying 3k per month in rent is like paying 100% interest. Thanks again for making this vid!
Wow! That input about toxic Chinese drywall, or whatever, is insightful. Thank you.
Here are some things to budget for or keep in mind when buying a home in Florida. Florida gets extreme heat, humidity, rain so expect more issues especially if you come from a milder climate.
Here are some things to consider. Plan on spending much more for AC maintenance, repairs, replacement. Since they run 24/7 in the summer months they break a lot and plan on replacing every 10 years. Also If you buy a home built in the 1990’s or older beware of polybutylene piping. I had an inspection so factored this into my price and after multiple piping repairs, i completely replaced my piping. Also, plan on power washing a coupletimes a year and exterior painting every 10 years. Also due to weather extremes you probably will need to resod or regrass every 5-7 years.
As for HOA fees know how much they are and know the restrictions. Coming from California, I was surprised that HOA fees were often more expensive in Florida even on homes that were less expensive. They love to send nasty grams to get you to power wash, repaint, resod, trim your trees, edge your lawn, resurface your driveway.
As for population growth yes it is bad. I moved here at the end of 2000 and it was Nirvana but now it is way too crowded and getting worse. Once i retire i will move out of Florida.
Couldn’t agree with you more! I left last year.
@@EllieM_Travels And you moved to....? I moved to Florida back in 2009
east central Fl. Brevard County. Saw explosive growth there in the 12
years I lived there. I moved up to the panhandle. Quite different here as
traffic/crowds were getting a bit too much for me
All true! Awful traffic, bad accidents and back ups, overcrowding, hard to get to the beaches on the weekends… minimal beach parking, restaurant lines, HOAs outrageously expensive, MOLD! And don’t forget termites, brown recluse, snakes and mosquitoes, sunburn, AC problems, the paint baking off your car and the occasional Cat 4 that’s coming to wipe your town out. I think I covered it. Maybe not… 😅
Thank you so much for all of this information and honesty! I'm looking within the next 6 months to invest in a property in Florida, so this is so beneficial. Thank you again, and now I'm subscribed to your channel! best, Orlando
Great job on letting us know some of this important things when looking for a house
11. Make sure your HOA or condo mngt. association is not embezzling your monthly and escrow account. The Hammocks is a recent one, and another in Naples involved a Cuban Husband/Wife team that fled to S. America with millions. Demand that an outside auditor look over the financials annually.
Thank you for sharing.
They just arrested our President of our board. Our mngmnt company doesn’t do anything. Our place is a mess and we have owners and renters just doing whatever they want.
@@sherricilburn9753 another reason why I can't stand them. The legislature gives these associations way too much power. Sadly finding neighborhoods without these terrors are hard to find.
Never get into an HOA, period.
wow , this is the most informative video I've seen in a long time. Thank you for all that good information!! If I ever buy a house in Florida I will come to you!
Great video , so if you are considering moving to Florida , might want get a price quote on Insurance, best to be in a seated position before you review the price, even if you get a new roof, $4000 - $9000 year , pretty average price, depends also on section of State you move to. Get price quote before you purchase , getting worse every year , NO help coming from legislators.
Good feedback - thank you for sharing.
You should expand on flood insurance. Our flood insurance was increased just before our closing from $700 to $3600/year. Welcome to paradise
Good feedback - Will do in a future video. Stay tuned
what zip code?
Thank you Mr. Funk for the tips that you arrive in your video. A lot of things that I wasn’t aware of. I live in New Jersey for now, but I am thinking of some day moving down to Florida but the advice and tips that you given this video are very interesting. Thank you so much for your info and input.
Thank you
Thank You, For being Honest more Realtors; need to be totally on board. In additional to, when it comes to the housing market. also, the cost of living as well as the HOA FEES!
Wow, I watch a few Fl real estate agent videos and NONE have mentioned what you mentioned here. Thank you! I’ll also add CDD communities.
Very useful information!!! Not everyone realtor could say you that.
Thank you!!! 🙏🙏🙏🙏🙏🙏🙏
from what i see this is not a place i would want to move to and yes i have heard about the flooding issue even when the tide changes and being flat is definetely not good being that close to large bodies of water, great vid and nice to have someone give and honest insight to the problems in that state with propery.
Check the flood zone rating for any property you are purchasing in FL. Many times this will be listed on the website but can also be looked up on the FEMA website. Where I’m at in FL the flood zone rating is X (the best) flood insurance is not required. If you buy in an area that’s not X flood insurance may be required and will double the price of your home owners insurance.
Thank you for your contribution. Yes, completely agree
As a new resident of FL we had a home inspection done and I wish you would have went more in depth on inspectors.
We felt ours was a complete JOKE and waste of money.
I would have GLADLY paid twice as much to have a REAL inspection done. Also, I wish you would do a video on the different "levels" or "types" of inspections.
We bought a home that had issues (A/C and water intrusion) that went unnoticed by the inspector.
Very good feedback - this helps me with ideas for future videos. - Thank you!
One thing I've learned about the people of Florida in my 14 years living here
is professionalism is almost non-existent. Incompetence is much more
prevalent. That goes for tradesmen, health care workers, just about anyone/
anything you can think of.
@@mark98070 what we've noticed is "I'll be there @ 09:00 means I'll be there between 9-1200"
Rain or water retention are not the main concerns when we talk about flooding but Hurricane Storm Surge (sea water) depending on the wind speed, tide and other factors floods can go up to 25' or more causing human lifes losses and destroying entire cities.
Great advice. Some app,y to any home purchase but others like mold, flooding, drywall are unique to FL. Look for concrete block construction, avoid wood frame in FL.
Good Advise. - thank you for sharing.
MOLD is a HUGE PROBLEM in Southeast Florida...aka Palm Beach, Broward, Dade Counties. The contractors take shortcuts out while overcharging for services. On top of that, they will try and charge you more to do the job the correct way. Alot of Contractors out here are people with a license only, no experience in construction. They choose the subs that are the cheapest and since the subs a few the subpar work is great. Buyers beware of buying..most people aren't taking care of the properties and are selling due to unkept maintenance. Before we built our home we stayed in 2 different condos and we had mold issues with both.
Thanks for this great video - how do you check for Chinese drywall.
Name me states that don’t have issues! I have lived in several states but moved to Florida in 1988 and still love it here!!!
Me too - I think if you are looking for perfect, you will be looking the rest of your life for something that does not exist.
Same here... lived in 11 states and FL all around my favorite! Been here 10 years.. plan on staying forever. Best all around IMO!
Well Terry, I can attest to that. I'm a Female CDL Driver (13 years). I also worked for 2 Airlines. I'm from Arizona but spent my younger years in Illinois, Canada and Spain.
Perfect and Life (living) in the same sentence, doesn't exist. Arizona has many of the Animals, Bugs etc. issues (like Florida). Yet, our State keeps growing.
I've been to Florida for Vacation. However, I would like to spend a little time there, for a potential retirement spot.
All 50 States have Pros and Cons. A Mover has to weigh, what is best for him/her or them (Couples).
What part? What do you love?
@@justynjonn Obviously the weather but the people are friendly and plenty to do here!
Tropical latitude for the northern hemisphere begins near Havana Cuba. Southern Florida is classified as "sub tropical"
Florida has a massive amount of spring fed lakes. 2% of Polk County is spring fed lakes. Not everything is a retention pond.
Yes, good point.
Some more negatives are heat & humidity, pollution, poor fishing, leaving the house vacant( possible squatters), traffic, rules and regulations.
Chyk eeze drywall was not just a factor for new construction in 2006, it was predominantly an issue for damage from the 3 hurricane in 6 weeks, inland. Charley, Francis, and Jeanne. The amount of replacement drywall was significant. These problems showed up shortly thereafter with negative health effects to humans and pets. These issues cannot be Kilz'd over either. There is a certain odor.
I owed a house with Chinese Drywall. I put 60K down to buy it and lost it to foreclosure - Very Bad Time in my life (2007)
Just got an email from my insurer on my rental property that they are not renewing my insurance because the roof has less than 3yrs of life left...
Absolutely correct that is the only business reason they are on property to maintain the property!
A little different ? 😮It’s Insane ! It’s gotten out of control ! I’ve been living in Sarasota Fl for 35 years and this is crazy how populated we have gotten 😢I mean seriously this is the worst !
Yes, we went in March and couldn't wait to go home. The crowds and traffic was too much !
@clot shots wow..... not good....
Well go back to where you came from and take all your Yankee buddies with you !! As a fifth generation Floridian we can’t stand you damn Yankees so go home
Yep same here in Oklahoma. California pepple buying all the houses out bidding Okie people because they come with so much cash. Out home prices have ky rocketed. Gee thanks.
I’ve also been in Sarasota for 37 years and I am over all these people here now. I’m ready to move to a quieter place.
How can we are sure that they do NOT use Chinese dry walls when build new home? Please help with your inputs
Thanks.
I would like to know, as well...
I really appreciate all the value in this video 😮Thank you
Great video Troy! Thank you so much you point out some very important points and potential land mines to be concerned why thank you! Hope you have a great 2023 thanks for the information!
Thank you for the great advice.
Thank you Troy. I'm one of those who couldn't take it anymore living in CA. My wife and I purchased and are renting a duplex in Gulfport. We have been pleased with this property as an investment and, though we're currently living out of the country, we look forward to keeping some roots in FL. I'm thankful for the 10 practical areas to watch for and that you've shared and look forward to continuing to be a fan of yours.
Just dont vote the same way and us locals will welcome you.
Very good video, we don’t really want any more people moving to Florida
HOA are to be avoided, it's all risk with very little reward.
Troy, great video. I bought a home built in 1952 in a historic area of PB. Had everything replaced 2 years after buying it. From roof to electrical wiring, insulation n plumbing. Top to bottom. The new homes here are not built well. They are put up in less than 6 months. That can’t be good. LoL
Love the video. Thanks for posting
Hallandale beach Florida beautiful city good beaches and restaurants and growing businesses and communities, and good nightlife.
Well done Troy! I thank-you for this important information.
Love your videos! There are many more things you may have not mentioned. Yearly hurricane damage, fire ants infesting the state, boa constrictor snakes in the toilets, mosquitoes, alligators and not to mention how muggy it is and extremely uncomfortable the weather is! It is a terrible place to invest! Oh one more thing...never buy a conventionally stick built home! It won't be standing long due to either the humidity damaging the pressed wood they build with today, or the termite damage!
Bull shit propaganda .
I own a stick house built in 1901, gutted out and all new dry wall, electric and plumbing. So far standing sturdy
HOA can only foreclose for dues and dues collection. Not fines or fees related to rules violations.
Thanks for sharing.
Thanks Frank. My wife and I are in Cape Coral as I write you. We are retiring at year's end from Southern New Jersey! Just looking to rent a 2/2....something years around , near the Gulf of Mexico. We want free parking at the beach or low fee street parking near the beach. Every town South of Cape Coral is a NO! We found ONE TOWN that fits our criteria, but we have run out of time to look further North! I think there is going to be a housing busy by years end. I will be in contact shorty!
The "Population Exposition" graphic made me smile. Good info overall though Troy. Thanks.
Thanks for the information.....very good to know from an insider.
Your points while all valid also illustrate how quickly things are changing hrre (renting in Orlando, wont ever buy). I suggest that you put the dates on your videos seeing that you ll have mych mire to cover in the near future. Your analysis is spit on by the way.
I crack up every time the music plays for each reason😂 it's like suspense thriller music. Beware of the Chinese drywall 😂😂 great video.
:) Thank you for the compliment. This was one of my first videos ... I look back at this one and think is shows how much I have improved in making videos - LOL
Thank you so much .
Not many people realize toxic ness of a homes .
I mention or ask people think I am fussy or picky .
So many people are house sick
Little do they know
Great advice, Thank You Troy
Great presentation! I really appreciate you sharing.
HOA should never be able to tell you what to do when you own your home. It should only be able to have restrictions if the HOA leases the house.
Thank you very much for valuable information.
Gent did his friends a solid...great way to keep 'em and uphold your integrity.
Great video Troy‼️. Very informative ‼️😃🙏
Thank you for this valuable information especially coming from a real estate broker, definitely weighing the pros and cons of moving to Florida when I retire, I’m from up north, once again thank you
Super video Troy. Thank you for good information about FL.. Happy New Year. /Canada/
The information was very Helpful mr Funk. Thank you
Great video about the Truth without being negative, and some tips too!!❤️ Really enjoyed it. I'll keep you in mind. Saving this video for future info.
Can't emphasize no 1 enough. Homes go up here in as little as 8/10 wks. Towards crime, I've seen elderly tearing off grapes, eating them as they grocery shop!
The elderly are the worst as they come off as all so innocent. Some of them, not all, carry on as if they are entitled.
You could have easily avoided the issues with the pipes on your new construction home if you had a crawlspace. It also adds extra flood protection.
there are some older homes down here with crawl space, you are correct, frame construction, joist floors, there are no basements, water table too high, (about the worst state for termites too ,like Texas) typically all plumbing stub before pour concrete slab. Not sure about panhandle if they build all frame ,would be able to have a crawl space, seen it in Georgia and few 100 year old homes here in Florida
Nearly all homes now, in south Florida are concrete slab construction, and CBS , plumbers can slant tunnel under a slab to replace a pipe on mess up, but probably costly.
Also there are many homes from late 70s , 80s, early 90s with polybutylene plumbing , all leak inside walls micro fissures, was class action lawsuit, Many Insurance Companies will not underwrite policy with this type pipes.
The traffic and people who speed is out of control. Many accidents and I-4 is a speedway.
Thank you for your feedback
Best on buying information on Florida
Wow what a good information! Love your video will follow your more ! You have a good heart 👍thanks for sharing! Happy new year with joy and good health 🎉
Red Tide was really bad at St Pete Beach last year. Stinks
I know - Sad
I agree BEWARE BEWARE befire buying Real Estate in Florida
If purchasing a condo unit, are there inspectors who will look for the things you mention, including a mold inspection?
Good luck trying to find insurance, wind is not covered under your regular homeowners insurance
I have insurance - it's just a lot more expensive
😎Florida is the best!👍🏼
Great Advice Great Content I want to move to Florida but I have some reservations I was having before I saw this video
Make sure you get your concealed carry license
HaHa - My dad gives me that same advice. Yet, he has always been right.
You no longer need a license to carry in Florida… no background checks or training either… lovely isn’t it?? But I would get licensed if you plan on traveling and carrying over state lines.. think we are still compatible with 37 other states
I was going to buy a house in south Fla. years ago the insurance was 17k a year
Don't forget Florida's unfair property tax system where you're taxed on the price you paid. We have identical homes in our neighborhood where owners who bought some time ago pay less than $1,500 a year in taxes, but if you buy today based on today's value you would pay about $8,000 a year on the same model house. People moving here have no idea when they buy a "Homesteaded" house how much their taxes will rise as most northern states revalue properties so everyone pays their fair share of taxes and taxes don't change because the home was resold. Florida puts an unfair and undue excess tax burden on new homeowners.
No one is moving to northern states!
@@charliehicks5676 sure they are. Everything from the Georgia border up is a northern state to us Floridians.
Republican states lol
Repubs have ruined this state with all of their good ole boy shenanigans! Insurance companies no longer have a cap on how much they can raise their rates. This is a state for the very rich!
YOU ARE TAX ON WHAT YOU PAID IN MANY PLACES.
Lots of great information, thank you. I think I'll stay in California. Blessings
I moved from El Dorado hills ca to siesta key Florida and it’s light years better
Great information!!! Thanks so much 🙏🙏
in ontario they re called catch basins
Great informative video.👍🏻
There are very few locals in Florida. Most are snowbirds from the New England states, Democrats from blue states, and institutional investors. Most desirable areas and the demographics are unrecognizable from just 20 years ago. Most Sellers are still trying to rip off would-be buyers, who in turn try to flip the house again. I wouldn’t touch this state for the next 5 years until the non-sense stops.
Yeah. Let the FOMOs saturate the market. It will be a blood bath in few years time. Especially if economy takes a major dive. Not the first time this happens to Fl.
Thanks for sharing
This is a bald face lie, the overwhelming number of People moving into the State are from the Mid Western states cause they can't stand the Winters. Secondly, most of the developers are New York based investment companies (a Mid Atlantic state ) who are responsible for places like Ft. Myers. Moving on, the state assembly recently passed and approved a heavy gerrymandered voting district map making it impossible for a opposition party to win seats, thereby NO consumer protection is possible. Most people in Southern Florida are obsessed with preventing illegal boarder crossings or Trans people using their bathrooms that they can't (or won't) drill down and talk about the real problems.
Alot of conservatives moved here the last few years!🙌👍
If you do the proper research you can’t get ripped off. Very simple take it or leave it!
Great points Troy...Forgot to mention Drywood Termites...and new laws affecting condo HOA's of high rise buildings more than 3 stories will need new foundation and building inspections and a certain percentage of reserves put aside for potential structural issues...Sad to see Ft. Lauderdale Beach being overrun by raising sea level, esp. during King Tides...soon those high rise buildings on the beach will be under water...!! How many more insurance co.'s will be leaving the state..??
Thank you - you are right "Termites" - Yes, the new laws with 3 story condominiums is a major set back. I am not experiencing getting insurance on the West Coast at this time.
I lived in the netherlands. They use huge dam structures. That's the answer.
Never see it in our lifetime so get over it
Excellent work, thank you
This video is spot on!!!! I moved from up north to nothing but problems in living in Florida! Crime on the west coast!!!! Vagrants all over your property to steal whatever they can. Hand my garage broken into and my drywall ceiling cut out! Flowering plants dug up. Nothing left outside ! No fence for my pet as HOA doesn’t allow. Coyotes running through my back yard & are federally protected. HOA will not capture & relocate. Car insurance is ridiculously high as well as homeowners insurance! Electric is also crazy costly! Sinkholes are a worry! Traffic on highways crazy when the snowbirds are in season. Mold, geckos, and fire ants are nuisances!! Added expenses- wall to wall cameras around the house, lawn service for fertilizer & pest control, lawn services & power washers, home inspections regularly for upkeep to home! Who said it was cheaper to reside in FL? Only break are the property taxes!! Flooded highways & poorly lit highways Great video!!!!
Lot of good points but question the order of importance you listed. Many of the ones you mentioned would be considered geographic issues to parts of Florida versus statewide. I would have to say the #1 issue in the State of Florida is the rising cost and ability to obtain insurance as it affects all homeowners.
I’m new here. Great video!
For me number 9 is quite poignant I'm on my dad's condo board you can't believe how many people over the last couple of years have fought me over parking one apartment one parking spot period. They knew this when they moved in they signed off on it. yet they seem to want to change the rules to fit their needs. We only have so much space it's not like we've never thought about adding more parking we just can't. I tell everyone if you don't like the way things are join the board then you'll understand why our hands are tied over certain things but they'd rather complain then get on the board. I have started telling people if you don't want to help with the solution I don't want to hear the problem and I walk away
If you're on the board you need to listen to the problem as well. It's not like you're doing that for free
@@tom.1656 I've been available and listen to everybody's concerns and issues unfortunately most want to complain and do nothing about it I've offered them the opportunity to go on the board because we always seem to be looking for someone but they all of a sudden disappear or give me an excuse as to why they can't do it they just want to complain offering solutions as to why things cannot be done doesn't seem to matter it's amazing to me.
The boards own the Tow Companies 😂😂
Vietnam vet 64-65 1st sgt FUNK . Related? 83 years young and hoping this is my last Snowy and freezing winter. Coming down🙏
Every way you live at is going to be pros and cons you can't escape it
Thanks for some good insights, Real estate broker but new into Florida Market and planning to invest into properties.