Photo: Daniel PortnoyTitle Capital Management in Miami is spending $200 million to buy up Florida foreclosures. In photo: Scott Kranz (left) and Erik Wesoloski of Title Capital Management. Go to story: Landlord Inc.
What you need to know about Florida today
Big investment firms are buying Florida single-family foreclosures in bulk, expecting to profit twice: First by renting out the homes and then by reselling them in a few years. Read the full story here and see also:
The concept of an encore career is being buoyed by a convergence of trends: financial realities, layoffs, long life spans and the desire for a more purposeful existence during the aging process. An encore career job might be a nurse or health aide. It could be a teacher, tutor or fundraiser, founder of a nonprofit, or even an entrepreneur that solves a social problem. For many, it has become the answer to “now what?” and “what will be my legacy?” [Source: Miami Herald]
We all know that public servants such as police officers, firefighters and teachers make Florida a better place to live and raise a family. It's time to add the employees from the Florida Department of Environmental Protection to that list. DEP has made a concentrated effort to develop a more effective method to protect the diverse ecosystems spread throughout our great state. [Source: Orlando Sentinel]
Reaching a 100-million visitor-a-year milestone would create 121,298 jobs, and increase overall personal income for Floridians by $5.3 billion, a Florida TaxWatch study released Tuesday says. More from the Fort Myers News-Press and Florida TaxWatch.
NASA is balking at plans by Space Florida to build a new commercial launchpad near Kennedy Space Center, and now state officials — in both Tallahassee and Washington -- are racing to persuade the space agency to change its mind. [Source: Orlando Sentinel]
» SpaceX wins contract for Cape satellite launch
ALSO AROUND FLORIDA:
› Department of Business and Professional Regulation warns of timeshare scam
State business regulators issued a warning to consumers Tuesday to beware of con artists who are attempting to defraud the already hurt victims of timeshare resale scams.
› Lake Mary pasture may be developed for luxury homes
Gray Hudson calls the view from his backyard a "little piece of paradise." But Hudson and his neighbors are concerned about a developer's plan to build up to 142 two-story homes on the 116 bucolic acres called L&L Acres Ranch.
› Workers head for the football field to relax
Young professionals are leaving the office at the end of the work day and running to the playing field to stay fit and socialize. One company, Play Hard Play Social Club Sports, offers adults the same opportunity children have – to play one of their favorite sports on a weekly basis in an organized league.
› ReStockIt.com acquired by Acme Paper & Supply Co.
ReStockIt.com, a Davie-based ecommerce supplier for small-to-medium sized businesses, has been purchased by Acme Paper & Supply Co., a Baltimore-based distributor of packaging, supplies and equipment for janitorial, foodservices, manufacturing and retail industries.
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