Hello, I'm Krista! Originally from Pennsylvania, I've lived in London, Latvia, and now call Orlando, FL home. Before Florida, my adult life was spent overseas as and I found the move to FL a bit confusing. That prompted me to get my RE license.
I have an international background, with an MSc from the London School of Economics (LSE) and I am the former Executive Director of the American Chamber of Commerce in Latvia.
When I'm not helping clients find their dream homes, you'll find me out on the water, enjoying boating adventures with my family.
You can schedule a 15-minute Zoom call with me [here](calendly.com/kristat/15min) or contact me via text or phone at 407-431-0401.
LOL @ 0.5%. How does that help us? Whether its Democrats or Republicans, you're all corrupt. You all manipulate this inflation and now that there's an election, you drop the rate at 0.5%. You can shove this 0.5% where the sun don't shine.
I think the most important take away from the rate cut is Powell saying it’s just the start. The board being generally unanimous in voting means this opinion is shared and oct/dec meetings will get at least one cut with more to follow in 2025 and 2026. The buy the price date the rate crowd (me) is rejoicing
No lawn to take care of sounds like he’ll. Not that I need a lawn but I need my outdoor space, my garden, my piece of nature. To me a condo sounds like a prison.
Hearing someone across the wall? Level of condos in US is really low. I live in Europe and I live in condo my whole life. Even 15 years in those ugly socialist buildings, but I have heard my neighbors only a few times (like 5-10 times through my whole life).
Mic Drop!! Krista once again a SUPERB dissection of The Fed and how interests are affected! Should be mandatory viewing - - lol. Keep up the great work!
Don't buy Florida condos!! I was young and new to real estate investing. I was encouraged to buy a Florida condo near a beach. The experience became a financial nightmare. Insurance was a nightmare. HOA was a nightmare. Everything the realtor said in this video is true. I will never invest in a condo again, especially in Florida. I wish I had an honest realtor like Krista to talk about the pros and cons. I was only sold on the pros. Expensive $$$ lesson learned!!
Home owners shouldnt be allowed to sign over their policys to a roofing company the roofing didn't pay the premiums thats was because they are in cahoots with the government
It is difficult to make exact projections for the housing market as it is still unclear how quickly or to what degree the Federal Reserve will reduce inflation and borrowing costs without having a substantial negative impact on demand from consumers for anything from houses to cars.
I recently sold my home in the Boca Grande area and am considering investing a lump sum into the stock market before the anticipated rebound, couple of folks have been discussing a potential May rally, speculating on which stocks may experience substantial growth during the festive season. Do you have any insight into which stocks these might be?
If you need advice, consider speaking with a financial advisor. Don't get me wrong, you can do it on your own, but financial advisors have a lot more knowledge and expertise in this area.
People often overlook the value of financial advisors until they experience the downside of emotional decision-making. I recall a few summers ago, after going through a difficult divorce, when my business was struggling, and I needed a financial lift. After some research, I found a licensed advisor who worked tirelessly to grow my reserves despite inflation. As a result, my reserves increased from $200k to around $580k.
Finding financial advisors like Sophia Maurine Lanting who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
To my own research In USA, individuals living in cars due to partial homelessness result from a complex interplay of factors. High housing costs relative to income, stagnant wages, and income inequality drive this issue. Job loss, weak social support, medical expenses, evictions, and lack of affordable housing also contribute, while systemic problems and inadequate policies further perpetuate the phenomenon.
Considering the present situation, diversifying by shifting investments from real estate to financial markets or gold is recommended, despite potential future home price drops. Given prevailing mortgage rates and economic uncertainty, this move is prudent, particularly due to stricter mortgage regulations. Seeking advice from a knowledgeable independent financial advisor is advisable for those seeking guidance.
I've remained in touch with a financial analyst since the start of my business. Amid today's dynamic market, the key difficulty is pinpointing the right time to buy or sell when dealing with trending stocks - a seemingly simple task but challenging in reality. My portfolio has grown by more than 5 figures within just a year, and i have entrusted my advisor with the task of determining entry and exit points.
Could you guide me on how to get in touch with your advisor? My funds are being eroded by inflation, and I'm seeking a more lucrative investment strategy to effectively utilize them.
Finding financial advisors like Sophia Maurine Lanting who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
Sounds like Hawaii where I'm from. My mortgage on my condo in a high rise is less than $1000/month while my maintenance fee is higher than my mortgage. I'm in my late 70s, however young people are leaving Hawaii in droves because they don't want to have to live with their parents forever but the rents are ridiculous and it's nearly impossible for them to purchase their own home. So many have fled to Las Vegas Nevada, Oregon, Arizona.
I'm hoping there will be a housing crisis so I can buy cheaply when I sell a few houses in 2025. As a backup plan, I've been thinking about purchasing stocks. What advice do you have for choosing the best buying time? On the one hand, I continue to read and see trading earnings of over $500k each week. On the other side, I keep hearing that the market is out of control and experiencing a dead cat bounce. Why does this happen?
You're not doing anything wrong; you simply lack the expertise necessary to make money in a bad market. In these difficult circumstances, only really skilled experts who were forced to witness the 2008 financial crisis could expect to generate a large wage.
Recently, I've been considering the possibility of speaking with consultants. I need guidance because I'm an adult, but I'm not sure if their services would be all that helpful.
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Sophia Maurine Lanting” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
To my own research In USA, individuals living in cars due to partial homelessness result from a complex interplay of factors. High housing costs relative to income, stagnant wages, and income inequality drive this issue. Job loss, weak social support, medical expenses, evictions, and lack of affordable housing also contribute, while systemic problems and inadequate policies further perpetuate the phenomenon.
Considering the present situation, diversifying by shifting investments from real estate to financial markets or gold is recommended, despite potential future home price drops. Given prevailing mortgage rates and economic uncertainty, this move is prudent, particularly due to stricter mortgage regulations. Seeking advice from a knowledgeable independent financial advisor is advisable for those seeking guidance.
I've remained in touch with a financial analyst since the start of my business. Amid today's dynamic market, the key difficulty is pinpointing the right time to buy or sell when dealing with trending stocks - a seemingly simple task but challenging in reality. My portfolio has grown by more than 5 figures within just a year, and i have entrusted my advisor with the task of determining entry and exit points.
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Sophia Maurine Lanting” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
I’m so glad I left running 3 months ago after living in Tampa Bay for 27 years. Absolutely, THE best decision of my life. Florida will soon be a playground solely for the rich. People who don’t need home insurance and can afford to repair/rebuild out of pocket. I hope to live long enough to see Florida wither away.
Stayed at Hamilton island apartments in the Whitsundays the unite reeked of cigarettes smoke as the design of the building funnelled all the smoke into any open space
Condo life really is great, they can neglect maintenance, then get the governor to declare an emergency and tax poor people to give zero interest loans to rich oceanfront condo owners so they aren't burdened by the consequences of their decisions or decisions of an HOA board they elected. I guarantee you the governor will not give me a zero interest loan to fix my roof or to a homeless guy living out of his car and working two jobs, no, we are the ones taxed to help out the millionaires.
fear a housing crash due to people buying homes above asking prices with little equity. If prices drop, affordability and potential foreclosures may arise, worsened by future layoffs and rising living costs. I want to invest more than $300k, but I'm not sure on how to mitigate risk.
Consider reallocating from real estate to other reliable investments like stock, crypto or precious metals . Severe recessions offer market buying opportunities with caution, as volatility can yield short-term trading prospects. Not financial advice, but it may be wise to invest, as cash isn't ideal in this period.
I've remained in touch with a financial analyst since the start of my business. Amid today's dynamic market, the key difficulty is pinpointing the right time to buy or sell when dealing with trending stocks - a seemingly simple task but challenging in reality. My portfolio has grown by more than 5 figures within just a year, and i have entrusted my advisor with the task of determining entry and exit points.
Well, there are a few out there who know what they are doing. I tried a few in the past years, but I’ve been with Sophia Maurine Lanting for the last five years or so, and her returns have been pretty much amazing.
I just looked her up on the internet and found her webpage with her credentials. I wrote her an outlining my financial objectives and planned a call with her.
I have been the board president of two different condominium complexes, 8 years for one and the other for 20 years. Feel free to ask me anything you’d like about the complexities of condominium law, condominium operating budget financing, reserve studies, and community reserves. The first thing I caution anyone who is thinking about buying a condo The top FOUR questions you need to ask the president, the board, or their professional manager is. One: Are your reserves adequately funded and are tracking towards the reserve study? Two: when was the last reserve study done? They should be done at a minimum of every four years. With three really being the ideal Three: have your yearly audits come back clean. What was the percentage variance from the budget? And when was the last special assessment, how much, and what for -and, are there any special assessments on the horizon? Four - in the last decade, on average, how much have condo fees increased in each operating year? In any given decades you should see about a 15 to 20% escalation. That is normal because of inflation and the rising cost of certain services. Anything more than that is a call for alarm. Anything less than that, is also caused for alarm because it demonstrates they’re not planning their budget adequately unless they found some sort of massive cost savings during that decade long period which they should be able to explain. For instance in my community, we were able to reduce condo fees by 10% each year for three years because we simply built much larger trash stalls so that we could eliminate the cost of a private trash pick up over the weekend. The county trash service would handle all of our needs throughout a week now. If the professional management company or the board or its president cannot answer those questions clearly and succinctly, run. Do not walk I want you to RUN away from that property. I don’t care how pretty the property looks. I don’t care if you absolutely love the location in amenities, none of that matters. You are buying into a white elephant most likely that is not being well managed or operated, and that will inexorably lead to big problems.
One word "DEBT" these homeowner cannot sell because they do not have the money to pay off their mortgages. More time will solve this with record breaking bankruptcy's and foreclosures in 2025.
I just got the news from my mom that we're moving back home to the Philadelphia area after moving to SWFL in February of 2019. There are a few reasons why; costs of living, weather, water and food quality, bugs, auto dependent infrastructure, but the biggest reason is because THE PEOPLE SUCK
Not just in FL. CA is in deep kimchi on this stuff. I moved from Laguna Woods and that place is old (built in the 60s-70s) with 18,000 residents. The HOA fees are not high enough to maintain the place, because residents can't afford the increase that's needed. HOA is now around $800 per month (2024)...that does not include your property tax, electrical bills, nor your mortgage. The place is uninsurable or very close to it because they can't afford the needed structural improvements that need to be made.
Please.... "aren't great for ANYONE"? Such black and white thinking! I've been in mine over 6 years, and I've yet to hear a neighbour through a wall. I've lived on a river, on lakes, on 25 acres, and in every kind of place... this condo is at least as private as every other situation I've lived in. Our condo is also like a community, which I didn't expect. We know almost everyone over time, and we look out for each other. Not great for everyone, sure, but great for me and many others.
Thank you for sharing your experience! It's great to hear that you've found such a sense of community and privacy in your condo. I think experiences can really vary depending on the specific building and management. My goal with this video was to shed light on some of the challenges many buyers are facing in certain areas, but I definitely agree that condos can offer a wonderful lifestyle for many people. I appreciate your perspective!
You choose to live in an area that gets hit by hurricanes!!! DA, what did you expect!!! Pretty soon, you will be under the ocean, because of sea level rise!!! Why should we pay for your choice to live in a hurricane zone!! You live there, just pay or move!!!!
We need to protect these developers. They are the ones that are going to come in and save many of these properties by rebuilding them with stronger places to live for everybody. I’m worried that if we do not promote efforts like this pretty soon, we aren’t going that even have a country anymore
I live in a government housing facility and over the past 20 years I have lived in 2 different units. The bedrooms in my current unit are back to back and you can not hear so much as a fart from the other side. There are 4 units in my building, all on the ground, and they were built in the 70s. The maintenance is exceptional, the rent is low and I just have to wonder why there is such a lack of quality in the building of these high priced dwellings, I know they cost a pretty penny.
@@jennymcdonough2095 I think the quality varies widely. I have received a lot of comments like yours, but a lot where people said their buildings were trash. Inconsistent.
After watching this video; I think that any of the condominium owners who are unhappy with their condominium situation should seriously consider selling it and move to another state like Montana or Wyoming or Utah or some other desirable location; and live out the rest of their lives without any restrictions and financial stress.
@@jonpage6486 It’s all a bit confusing, but there is no ‘third party’ involved: all the condo owners together own both their individual units and the rest of the building.
