Richard Sapp Real Estate

Richard Sapp Real Estate Helping families create longterm wealth through investing and homeownership.

07/03/2024

Do you live in an HOA? I believe in the overall purpose of them, but too many are absolutely nuts. Here some of the (long overdue) changes that took effect on July 1st:

HOAs may no longer:

-Enforce rules on some residents but not others

-Ban homeowners or their invited guests from parking personal, business or first responder vehicles (including pickup trucks) that are not commercial vehicles in their driveways or any other area where they have a right to park per state, county and municipal regulations

-Ban contractors or workers from the homeowner's property

-Fine residents for leaving garbage cans at the curb or the end of their driveway within 24 hours of a scheduled trash collection

-Fine residents for leaving up holiday lights or decorations past the HOA's rules without prior notice, after which the homeowner will have one week to take them down

-Limit or create rules for the inside of a structure that isn't visible from the street, a neighbor's property, an adjacent common area or a community golf course

-Ban vegetable gardens or clotheslines, if they can't be seen from the street, a neighbor's property, an adjacent common area or a community golf course

-Require review and approval of plans for central air conditioning, refrigeration, heating or ventilation system that isn't visible from the street, a neighbor's property, an adjacent common area or a community golf course and is similar to previously approved systems

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05/15/2024

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"After years of wanting larger homes, buyers are now opting for smaller homes" I'm sorry. That's just a lie. Change "opt...
05/06/2024

"After years of wanting larger homes, buyers are now opting for smaller homes"

I'm sorry. That's just a lie. Change "opting" for "settling". Smaller homes are only in demand because of soaring inflation and costs since COVID. Not because the average person WANTS them.

Maybe I'm wrong. But if you could get a larger home for the same price, all things considered equal, would you not?

Had a great time with Wettermann Homes, Inc today going over their build process and updates within the construction ind...
04/16/2024

Had a great time with Wettermann Homes, Inc today going over their build process and updates within the construction industry!

Takeaways:

1) Lead times for materials and labor ARE getting back on track from COVID.

2) Prices for materials and labor are NOT coming down. β€œYou can get people to show up, if you pay β€˜em” - Kurt

3) Delays still happen even with labor and materials back on track. Not always, but no amount of forecasting can predict delays from things like rain or hurricanes.

02/26/2024
New listing in Winter Springs makes an excellent opportunity for investors or for occupants to build their own sweat equ...
02/14/2024

New listing in Winter Springs makes an excellent opportunity for investors or for occupants to build their own sweat equity. Bones are good, but property needs a little TLC!

- 2/2.5 bath END UNIT
- Community pool, basketball, volleyball, tennis, pickleball and more.
- Wood burning fireplace
- Balcony off the master bedroom
- Carport and dedicated parking
- $244,900

Message me today for viewings!

New listing in Davenport, FL in the vacation rental community Solterra Resort! Available for use as primary residence, i...
01/22/2024

New listing in Davenport, FL in the vacation rental community Solterra Resort! Available for use as primary residence, investment property, or second home.

- Built in 2021, comes fully furnished
- 7 bedrooms, 5.5 bathrooms
- Pool + spa
- Themed bedrooms, converted garage to game room
- Bookings already in place!
- $689,900

New Short Term Rental Investment Opportunity! Current bookings in place and ready for a new owner. Message me for more d...
01/17/2024

New Short Term Rental Investment Opportunity! Current bookings in place and ready for a new owner. Message me for more details.

- 8 Bedrooms, 7 Bathrooms
- Private Pool
- Close Proximity to the Parks
- Encore at Reunion features a 10-acre water park, full-service spa, gym, two tennis courts, two basketball courts, three volleyball courts, golf, full soccer field, clubhouse, on-site restaurants, bike rental
- $749,900

Listed and pending in 4 days! The market continues to show resilience as demand outpaces supply. - Orlando, FL- 3 Bedroo...
01/15/2024

Listed and pending in 4 days!

The market continues to show resilience as demand outpaces supply.

- Orlando, FL
- 3 Bedrooms, 2 Bathrooms
- Gated community
- Hardwood and tile throughout
- $289,900

Closed! Who says you can't finance an investment property with these rates?
10/20/2023

Closed! Who says you can't finance an investment property with these rates?

We have a new contender for the ugliest building on I-4. Maybe this just becomes Orlando's thing... a corridor on I-4 of...
10/19/2023

We have a new contender for the ugliest building on I-4. Maybe this just becomes Orlando's thing... a corridor on I-4 of hideous glass buildings. Could be fun.

https://www.orlandosentinel.com/2023/10/18/data-center-along-i-4-in-eatonville-nears-completion-despite-ballooning-construction-costs/?fbclid=IwAR3yoxlux67dRkzPYmOMTUPk_HgDv1GFNjgjT62Pqe0oMcKnwXTX9p2WoYc

The seven-story data center that’s been taking shape for years in Eatonville just off Interstate 4 has wound up costing much more to build than expected.

Address

707 E Washington Street
Orlando, FL
32801

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