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All Forum Posts by: Elise Hazzard

Elise Hazzard has started 5 posts and replied 170 times.

Post: i am a 16 year old who needs some advice on schooling before RE

Elise HazzardPosted
  • Property Manager
  • Saint Petersburg, FL
  • Posts 182
  • Votes 51

Jacob, It seems by the clarity and context of your post, that you are a bright, concrete thinker. Kudos to your family for raising a son with so much potential.  Likely, this is why you are interested in being and entrepreneur, and this also explains why they prefer to see you heading toward academia.

Many students take a gap year; could you tee up your idea of technical school with that slant? Who knows, you may even find a partner or someone hire into a small start up while you start a formal education? The experiences and people you meet in the trade setting may better define your path toward REI.

Keep posting; you've found your tribe!

Post: Have Concern | Closing First Mobile Tomorrow

Elise HazzardPosted
  • Property Manager
  • Saint Petersburg, FL
  • Posts 182
  • Votes 51

Hi Jordan, I'm no authority, but we do own a couple of MH's and by the description you give, the pipe may very well be a vent stack and rain water emptying should go to sewer or septic. Good luck on your new adventure. Elise

Post: You Need to Start Requiring Renters Insurance... Today!

Elise HazzardPosted
  • Property Manager
  • Saint Petersburg, FL
  • Posts 182
  • Votes 51

Hi Katie, Is there a large uncharge to include bite policy into the renters insurance policy?

Post: Best Options for Rent Collection & Background/Credit Checks

Elise HazzardPosted
  • Property Manager
  • Saint Petersburg, FL
  • Posts 182
  • Votes 51

Congrats on your acquisition.  Just to round out the discussion,  you may want to check out mr.landlord.com, check the 'services' tab @ the top toolbar. Several services you might find helpful to learn about that are cost effective. Quite a bit of user feedback too.

Post: Got my first tenants and four days in...

Elise HazzardPosted
  • Property Manager
  • Saint Petersburg, FL
  • Posts 182
  • Votes 51

The lease and state law may dictate some of these answers. Agree with John C., short leash for new tenants is usually a good plan. While many parts of this scenario are more than unfortunate, you don't want to give yourself problems by not enforcing a lease.  Neighbors can be very understanding as long as there is communication from property owner. 

Post: 50% Rule and Analysis

Elise HazzardPosted
  • Property Manager
  • Saint Petersburg, FL
  • Posts 182
  • Votes 51

Wow; taxes and insurance fixed costs are huge and will only go up...are the rents maximized or is this figure for annual lease?

Are short term leases permitted; maybe a corporate rental could yield higher rents?

Post: My fiirst deal analysis please feedback

Elise HazzardPosted
  • Property Manager
  • Saint Petersburg, FL
  • Posts 182
  • Votes 51

Hello Heriberto,

I am a FL investor too, but am not very familiar w/ SoFL

My only comments are general.  First, all real estate is local, so maybe 1075 sq ft is avg for3/2  but it seems tight to me.  Generally, the off market deals should yield bigger spread. wonder how firm they are on price and if there have been any offers yet. Also, if you choose to proceed, please plan well before closing to keep carrying costs down (so those costs don't eat into your profit.)  Good luck.

Post: St. Pete 1760sf 3bed/2bath Blt in 2007 over 12% Gross Yield!

Elise HazzardPosted
  • Property Manager
  • Saint Petersburg, FL
  • Posts 182
  • Votes 51

Hi Mark, can you confirm; is this property in St.Paul/ Euclid area?  Any reply appreciated.

thanks. EFH

BTW, Not critical; but the zip may be off. 

Post: Jacksonville Fl Small Commercial Multifamily

Elise HazzardPosted
  • Property Manager
  • Saint Petersburg, FL
  • Posts 182
  • Votes 51

Hi Carter,  Just checking in to say hi and ask if you've identified a project.

We are selling something in Ponte Vedra Beach soon and only know a limited amount about greater Jacksonville.

We are interested in purchasing larger multifamily but live in Pinellas.

Can you provide an update?

thanks,

Elise 

Post: A Doctor's Liability with ESA's

Elise HazzardPosted
  • Property Manager
  • Saint Petersburg, FL
  • Posts 182
  • Votes 51

Discussion @ local REIA mtg recently on this topic, many agreed to keep deposit/monthly fee for ESA very high in order to recoup for damages incurred by this 'pet' vs true service animal who is trained for service.