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  1. J

    Miami duplex renovation: budgeting for hidden work and flood exposure

    Keeping the working budget at $244,100 feels optimistic, but adding a large contingency before the hidden conditions are known feels equally arbitrary. This is for a 2,310 sq ft Miami duplex covering kitchens, bathrooms, floors, painting, electrical review and some energy improvements. I am not...
  2. J

    How much would you raise rent to keep a reliable Miami tenant?

    The tenant has paid about $2,305 reliably and maintained the Miami townhouse well, which makes me hesitant to push the rent toward the roughly $2,529 being advertised for comparable homes. Those listings suggest room for an increase, but they do not show what a replacement tenant would actually...
  3. J

    Valuation check: 2,420 sq ft coastal home in Miami, asking $1,220,000 after 117 days

    Before I decide whether this Miami property is worth pursuing, I need a valuation range that reflects its unusual mix of size and accommodation. It is a roughly 2,420 sq ft coastal home with one bedroom, average condition and an asking price of $1,220,000. It has been listed for 117 days. The...
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