All Forum Posts by: Jessica Bridges

Zelle, Venmo, ACH and Cozy all work well.

Hey CJ. I agree with Darren. There are a lot of investors that are looking for apprentices. I live in Tampa and know a few investors that might be able to help you. I will send you a DM

If the tenant does not leave by the end of the term as you've requested and you have given written documentation to them that the lease will not be renewed and that they will need to vacate, you will, unfortunately, have to file an eviction. I do not recommend changing the locks as the courts will side with the tenant in that regard. And the cops can't do anything until writ of possession has been issued. I hope this helps. 

Follow what your landlord laws are. Deliver the notice of non-payment to them. If they do not pay, I would start the eviction proceedings. When they vacate charge them whatever is outlined in your lease as the lease break fee. I would go to the home and do an inspection as well. As far as showing the home, you do have the right to enter with notice. However, they might cause issues and bad mouth you anyways. You can send them to collections for fees, unpaid rents and damages once they vacate. 

Good Afternoon! I am a property manager here in Tampa Fl. There are great returns on rentals here and great management companies ;) To answer your question, it is possible to buy rental properties and manage them yourself from a distance. What I recommend is that you find someone you can rely on to be able to go there if there was a maintanence issue or emergency. 

Sure! We use Appfolio.  How many units do you own? 

There is a system we use called RUBS which is RUBS or Ratio Utility Billing System is a method of calculating a resident's utility bill based on occupancy, apartment square footage, number of beds, or some combination of factors. It works well for our multifamily unit buildings. The software we use calculates it for us when we input the bill. 

There are two that I have used. Royalty Title and Coast to Coast title. Both great reliable companies.

Hello Levant,

I am not sure about NY but here in Florida, most section 8 tenants are not approved with previous evictions or felony criminal records. So basically section 8 does the background check before we do ours. However, we still do our due diligence. We use a program, Appfolio that does our background checks. We still look to see what they have on their credit and criminal background. Most of the time as long as there are no repeat offenses or anything violent we approve them. Section 8 pays every month and also does inspections to make sure the tenants are following their guidelines. I hope this helps!  

Hey Brian, 

Here are the 3 things I would do.

1. Try to ask the previous manager/owner about each tenant. Who pays on time, who causes a lot of issues and who always has an issue with the unit. I never vacate all units unless I have to, that way you have some sort of cash flow coming in for repairs and other costs. 

2. I go to the good tenants first. Introduce yourself, give them the new lease terms and rent amount. If they agree and sign that's awesome! If they do not, hand them a 30 day notice. Doing this takes away any chance for them to argue with you about old versus new rules. They've agreed to your terms. If they do not, supply them with the 30 - day notice immediately. 

3. Issue a 30-day notice to the tenants you do not want to stay. I always take the blame off of myself to avoid confrontation. That way there are no arguments and fewer questions. 

Feel free to reach out if you have any questions.