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Updated about 7 years ago on . Most recent reply
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New Landlord - First property
Hello Biggerpockets community!!!
I just closed on 2 properties attached to each other and each unit has 2 unit, in Florida. Ultimately it has 4 units all together.
2 of the units came with tenents. The previous owner never had leases drawn up, so they tenents are on month to month.
I'm currently getting the other 2 units ready for section 8. And require the other 2 units to be rented while I do so. I have a few questions that concern me.
1. I have to replace the roof. The roof is attached so would need to do it all at once. During the replacement of the roof do the tenents have to vacate the premise? and do I have to pay for their lodging.
2. Since the tenents don't have a lease - When I present them with a lease and they do not want to sign it how much time do I need to give them in order vacate premises.
3. there is only one meter for both the water and electricity for each building (totalling 2) - Can I have the tenents pay for the electric by splitting the bill in half? or pay partial amount and then splitting it in half?
4. if I have to tent the house for extermination purposes and they have to vacate for 2-3 days. Do I as a landlord have to provide a form lodging?
5. Eventually I'd like to get new tenents, one that don't have a large dog (safty issues) and the other is a hoarder(currently no active lease if I do have them sign a lease it will be month to month). What is the best way to have them leave?
Thanks again BP community!!
Regards,
Newbie landlord
Most Popular Reply
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@Tetsuo
1. Typically not unless you are replacing the under-layment as well. Find a company that has a large crew and can do it in a day, assuming it's asphalt shingles it won't take that long
2. Depends on your local laws, but typically 30 - 60 days.
3. Raise the rent by the amount of the highest bill in the past 12 months and say "electricity included". Separating it out never works.
4. Yes
5. Tell them you want them to leave for remodeling and give them 60 days, in writing, and have them sign.