Anthony Johnson

Condo Reserve Funds - Part 1! 🎥 🔍 Curious what a condo reserve fund is? 🤔 Imagine it as a financial safety net, like a savings account for your condo association! 💼🏦 Ensuring the future maintenance, repairs, and renovations are covered for your beloved condo building. 👉 Special elements like the roof, hallways, gym, and pool need TLC over time! 🏋️‍♂️🏊‍♀️ That's where the Reserve Fund comes in! It's a collective effort by all condo owners, contributing funds monthly or annually! 🤝💵 Stay tuned for Part 2, where we'll dive deeper into the benefits and smart strategies to manage your condo reserve fund! 📈💡 Don't miss out! Subscribe now! 🎬🔔 #condoowner #condoownership #buyingacondo #condobuying #condobuyer #reservefund http://wix.to/kT1YGjU

Are you a condo owner? Then you need to know the basics about the condo reserve fund. A portion of your monthly condo fees may be going to this fund. Click now to watch the video and take control of your condo living journey! Subscribe to our channel for more valuable insights. Let's make condo living a breeze together! In this video: 00:16 What is a Condo Reserve Fund? 00:50 How do condo owners contribute? 1:00 The importance of the fund Shot on iPhone 14 Pro Max: https://amzn.to/3qSfQTD Mic used, Shure Mv7: https://amzn.to/46fuLHt (Referral Links) Subscribe to my blog: Allioo.com/Blog Social Media📱 Instagram: https://www.instagram.com/anthonyallioo Facebook: https://www.facebook.com/anthonyallioo LinkedIn: https://www.linkedin.com/in/anthonyalllioo Real estate services🏡 Buy, Sell, Rent: https://www.allioo.com DISCLAIMER❗️ I am not a CPA, attorney, insurance, contractor, lender, or financial advisor. The content in these videos shall not be taken as tax, legal, insurance, health & safety, financial advice, or other and may be outdated or inaccurate; it is your responsibility to verify all information yourself. This is a Youtube video for entertainment purposes only. Anthony J. Johnson P.A. is a licensed real estate agent with Voro, Florida, LIC 3370479.

Are you familiar with the term "special assessment" concerning condo ownership? If not, it's crucial to understand this concept before purchasing a condo. In this short video, we discuss special assessments and their significance. When you become a condo owner, you'll likely pay an association fee, a portion of which might go into a reserve fund for future repairs and renovations. However, there are instances when these costs exceed the reserves, or the building needs such funds. That's when a special assessment comes into play, adding an extra fee on top of your association fee. It could be a minor or substantial increment, making special assessments a potential burden for condo owners. Discover why setting money aside for unforeseen expenses is essential and how special assessments can affect older and newer condo buildings, even brand-new ones. Don't let special assessments scare you away from buying a condo; instead, equip yourself with the knowledge to make informed decisions. Tune in now to learn more about special assessments in condo ownership! #specialassessment #condobuyingtips #condobuying #buyingacondo #miamicondos #miamicondo #hoa #homeownership #homeownershiptips Article: https://www.allioo.com/post/understanding-condo-special-assessments Shot on iPhone 14 Pro Max: https://amzn.to/3qSfQTD Mic used, Shure Mv7: https://amzn.to/46fuLHt (Referral Links) Subscribe to my blog: Allioo.com/Blog Social Media📱 Instagram: https://www.instagram.com/anthonyallioo Facebook: https://www.facebook.com/anthonyallioo LinkedIn: https://www.linkedin.com/in/anthonyalllioo Real estate services🏡 Buy, Sell, Rent: https://www.allioo.com DISCLAIMER❗️ I am not a CPA, attorney, insurance, contractor, lender, or financial advisor. The content in these videos shall not be taken as tax, legal, insurance, health & safety, financial advice, or other and may be outdated or inaccurate; it is your responsibility to verify all information yourself. This is a Youtube video for entertainment purposes only. Anthony J. Johnson P.A. is a licensed real estate agent with Voro, Florida, LIC 3370479.

What is a special assessment? When you buy a condo, you pay association fees, some of which go into a reserve fund for repairs or renovations. But sometimes, these costs exceed the reserves, or the building needs them. Cue the special assessment—a fee on top of your association fee. 💸 📍 Special assessments can burden condo owners unexpectedly. You chose a condo for its low maintenance, right? Well, repairs and shared expenses among owners can happen, disrupting that convenience. ☔️💰Tip: Always set aside money for unexpected expenses related to your property. Being proactive will help you weather those special assessments, which can be costly. 🏗️🤔 Recent events, like the Surfside collapse, have shown that special assessments may increase, especially for older buildings. But even new buildings aren't immune—construction flaws can surprise you. 💪💼 Stay informed, be prepared, and navigate the world of special assessments as a savvy condo owner—plan, so you can handle any financial surprises that come your way. Your #condo #miamicondo #specialassessment #condobuying #buyingacondo #condobuyingtips

Being a great landlord goes beyond just finding tenants and collecting rent. It requires financial responsibility and savvy money management skills to ensure a profitable rental business. In this video, have a short talk about the essential habits every landlord should adopt when it comes to their finances. From paying bills on time and maintaining meticulous records to budgeting for property improvements and unexpected costs, learn the key strategies to stay on top of your finances as a landlord. Watch now and become a pro at running a successful and lucrative rental business. #landlordtips #landlord #landlords #propertymanagement https://www.allioo.com/post/mastering-landlord-habits-the-6-essential-habits-of-a-great-landlord

Elevate Your Landlord Game! The fourth habit of a great landlord, Fair & Transparent Policies for Seamless Tenancies. Expert Tips on Rent, Maintenance, Pet Policy, and More. Set Clear Boundaries, Build Trust, and Minimize Disputes! #miamirealestateagent #miamicondo #landlordtips #landlord #landlords #landlordtenant https://www.allioo.com/post/mastering-landlord-habits-the-6-essential-habits-of-a-great-landlord

Important news for landlords in Florida! Starting July 1st, you can now offer tenants the choice to pay a monthly fee instead of a security deposit. Gain some understanding of the responsibilities, benefits, and requirements associated with this new option. Share your opinion in the comments. Link to full video is in the comments. #floridalandlord #landlordtips #landlord #propertymanagement #floridalaw #floridarealestate #miamirealestate #miamirealtor http://wix.to/JvHCgXR

In this short video, we dive into Florida's latest rental update that offers tenants a choice between paying a monthly fee or a security deposit. Join us as we discuss the potential benefits, concerns, and what renters need to know about this new option. Link to full video is in the comments. #tenant #renter #renting #floridarealestate #floridalaw #miamirealestate #miamirealestateagent http://wix.to/JvHCgXR

There's exciting news for Florida renters. A new law has been enacted that allows landlords in Florida to offer tenants the option of paying a monthly fee instead of a security deposit. This update aims to alleviate the financial burden of moving into a new apartment, especially in a market with high rental prices. Join me as I explore the pros and cons of this new approach and discuss how it can benefit tenants and landlords. Stay informed and subscribe for more valuable content on real estate matters in Miami, Florida. Share your thoughts on this change in the comments! Chapters 0:00 Florida Renters Can Pay Monthly Fee Instead Of Security Deposit 00:42 Supporters of the bill 1:05 Critics of the bill 1:41 My opinion 2:12 What you should know as a tenant 3:18 What you should know as a landlord Article: https://www.allioo.com/post/florida-governor-ron-desantis-signs-bill-allowing-monthly-fees-in-place-of-security-deposits-for-ren HB 133 Bill: https://www.flsenate.gov/Session/Bill/2023/133/BillText/Filed/PDF Shot on iPhone 14 Pro Max: https://amzn.to/3qSfQTD Mic used, Shure Mv7: https://amzn.to/46fuLHt (Referral Links) Subscribe to my blog: Allioo.com/Blog Social Media📱 Instagram: https://www.instagram.com/anthonyallioo Facebook: https://www.facebook.com/anthonyallioo LinkedIn: https://www.linkedin.com/in/anthonyalllioo Real estate services🏡 Buy, Sell, Rent: https://www.allioo.com DISCLAIMER❗️ I am not a CPA, attorney, insurance, contractor, lender, or financial advisor. The content in these videos shall not be taken as tax, legal, insurance, health & safety, financial advice, or other and may be outdated or inaccurate; it is your responsibility to verify all information yourself. This is a Youtube video for entertainment purposes only. Anthony J. Johnson P.A. is a licensed real estate agent with Voro, Florida, LIC 3370479.

A new law has been enacted that allows landlords in Florida to offer tenants the option of paying a monthly fee instead of a security deposit. This update aims to alleviate the financial burden of moving into a new apartment, especially in a market with high rental prices. Join me as I explore the pros and cons of this new approach and discuss how it can benefit tenants and landlords. Stay informed and subscribe for more valuable content on real estate matters in Miami, Florida.