Property Q&A in 33140 : Advice

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Diana, Renter in 33140
Diana asked:
I cant be studio cant be one bedroom --
This question was asked from this property: http://www.trulia.com/rental/3164529326-2618-Collins-Ave-332-Miami-Beach-FL-33140#photo-5
0 votes Share Flag Mon Aug 18, 2014 Property Q&A in 33140
Irina Karan, Real Estate Pro in Aventura, FL
Irina Karan answered:
The value is for 30 days?
The value was for month but the lease required = a year.
It went under contract within 2 days on April 9 this year.
Current rents in same Oceanside Plaza condominium are from $2,000 ( ... more
0 votes Share Flag Thu May 8, 2014 Property Q&A in 33140
Wenceslao Fe…,  in 33130
Wenceslao Fernandez Jr answered:
Can i modify my mortgage if i have to move out of my condo?
It's too bad you are facing hard times, Sandy.

However, BE CAREFUL not to make harsh, emotional decisions like this without first consulting professionals. 7 out of 10 folk who ... more
0 votes Share Flag Wed Jun 9, 2010 Property Q&A in 33140
Wenceslao Fe…,  in 33130
Wenceslao Fernandez Jr answered:
Is it legal to have my condo on the MLS while the hoa fees and mortgage payments are 2 month late?
Wow! It pains me to hear these stories. Good folk facing tough choices.

You can get a tenant even if the rental income does not cover the payments. However, you may need to cover t ... more
0 votes Share Flag Wed Jun 9, 2010 Property Q&A in 33140
Wenceslao Fe…,  in 33130
Wenceslao Fernandez Jr answered:
I am getting a tenant for my condo, i am 4 month behind with hoa, mortgage, tax. The first month income
Hello, Orlando.

When it comes to 'claiming' matters, it is probably best you consult a tax professional.

Unless an agent here is one, I'd be careful with the answ ... more
0 votes Share Flag Wed Jun 9, 2010 Property Q&A in 33140
Wenceslao Fe…,  in 33130
Wenceslao Fernandez Jr answered:
Does anyone know if 401 blu of north beach (401 69th street 33141) has restrictions on buying property there?
restrictions on buying? please clarify, Sandy.

do you mean "financing" restrictions?

Find your building in this recently released report:
https://www.efanniemae.com ... more
0 votes Share Flag Wed Jun 9, 2010 Property Q&A in 33140
Patty Da Sil…, Real Estate Pro in Cooper City, FL
Patty Da Silva answered:
I paid 180000 on my condo (put 50000 down), need to sell it short sale (lost job - 2 month behind with mortg.
Vermon,

I am sorry to hear about your job loss.
If the condo is your primary residence you would not have to pay income taxes on the amount of the short payoff.
The US Senate passe ... more
0 votes Share Flag Sun Apr 12, 2009 Property Q&A in 33140
Mott Marvin…, Real Estate Pro in Sunny Isles Beach, FL
Mott Marvin Kornicki answered:
I have to move out of my condo and rent it to get some income to pay these bills. I can't afford to live there
Sandy~

Assuming that your mortgage is higher than the current value- renting your place could mean a negative cash flow. Typically, rents are far lower than the costs of ownership. I ... more
0 votes Share Flag Fri Mar 13, 2009 Property Q&A in 33140
Mott Marvin…, Real Estate Pro in Sunny Isles Beach, FL
Mott Marvin Kornicki answered:
WOULD LIKE TO SEE 12 N?
Got It... I Think...

That is the Crystal House at 5055 Collins Avenue • Miami Beach, Florida

The asking price is $309,900 and it is a short-sale. Annual taxes are $7,788 an ... more
0 votes Share Flag Mon Sep 29, 2008 Property Q&A in 33140
Kevin Tomlin…, Real Estate Pro in Miami Beach, FL
Kevin Tomlinson answered:
who is the broker on this and how can I get in touch?...joho100@hotmail.com
Joe,

I notice that your question went unanswered. Here is the information you requested:
Listing Agent is Eduardo and his number is 305-779-4488

Good luck.
0 votes Share Flag Mon Sep 29, 2008 Property Q&A in 33140
Rosie Morot-…, Real Estate Pro in Miami, FL
Rosie Morot-Gaudry answered:
I am unable to open the additional pictures. Please send them to my email
Kathy,
I cant 'see your e mail, sent me an e mail and i'd be happy to send you more pictures about this or any other condos. Yes there are always condo fees.
Rosie
0 votes Share Flag Tue Sep 23, 2008 Property Q&A in 33140
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