Ross Milroy's (rossmiami) Blog

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Real Estate Broker/Owner - Compass - BS0663728
As we saw newscasters bracing themselves in 150 mph hurricane winds this week, trouble brewing underground in septic tanks might appear to be the least concern. While our neighbors to the Northwest along Florida’s panhandle are dealing with the aftermath of Hurricane Michael, South Floridians are...
There’s been much debate in the Miami real estate market in regards to money laundering, cash sales and the government Geographic Targeting Orders regulations (GTOs) aimed at absentee foreign investors. Just this week, President Donald Trump was accused of a lifetime of tax evasion and money lau...
As millions of Americans in the Carolina’s are combating unprecedented flooding, they are facing the harsh reality that, due to a lack of flood insurance, the financial burden will be entirely on them. It’s estimated that less than 10% of homeowners in North Carolina have flood insurance. Floodi...
In the 1970’s and 80’s the goal for most people buying second homes was to have a place for the family to get away and spend most of their vacation time. Following the credit boom of the early 2000’s, vacation homeowners now expect their property to work for them and become an income-producing a...
On the surface, when one talks about affordable housing, many think it is just another form of charity or government assistance. In a city like Miami with extreme wage discrepancies and a cost of housing that far exceeds salaries, the need for affordable housing goes well beyond simply providing...
Now that the city of Miami Beach has doled out millions in fines for short-term renting, but to date only collected a tiny fraction, they are turning towards more extreme measures to ban short-term rentals. Mayor Dan Gelber has proposed criminalizing the practice by way of going after landlords ...
As is typical with any market cycle, there are many social and economic factors that trigger declines in the rental market. Most typically, as is the case now, a surplus of supply and a decrease in demand is sending normally booming rental markets into a slump across the country. The past few ye...
As the revitalization of downtown Miami continues to heat up, the Miami Worldcenter is starting to make waves as it gets closer to opening. Many developers in Miami began shifting gears last year as they prepared for potential market changes by modifying or even canceling pending projects. Howev...
When buying or renting a new condo, would a $100/month discount incentivize you to rent in that building? What if it meant you would not have a parking space at the building? Would you, and could you give up your wheels to save money at the end of the day? The Melo Group is betting that some Miam...
While some changes started taking place on July 1st of this year, come October 2018 there are many modifications being made to Florida condominium Home Owner’s Association rules that will become new laws for condo owners in Florida. While some were less consequential, for example allowing the bo...

Ross Milroy

Broker specializing in waterfront properties
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