All Forum Posts by: Kenneth Jackson

I have a question that I think is similar and I'll post here because I haven't found a more relevant discussion. In my case, I have a bad termite infestation and need to tenet the property. I'm not sure what Florida law requires or what is the customary way to compensate tenants when you ask them to vacate the property for a few days. I have a tenant who I'm sure will be expecting me to book a hotel room for him at a rate of about $120 or $130 per night. I have no plans to do anything like that. I want to just give a credit on next months rent for about $69 per night lost during termite fumigation. If anyone has dealt with a similar situation and can provide some useful advice, it would be greatly appreciated.

I’m looking to hire a contractor for a bathroom renovation in Hollywood, FL. Does anyone have any good recommendations?

Hi BP members, I am a new investor with a 3-plex in Hollywood. Unfortunately, in my first six months as a landlord, I already have a tenant who refuses to pay rent. Can anyone refer a good RE attorney in the Broward County, FL area?

Hey, I have a studio apartment in Hollywood, FL. I'm thinking of converting it into a STR. Does anyone have good advise on best ways to manage the STR? What vendor services are essential for running successful STR?

Max, what a great post! Thanks for sharing buddy. I’m from South Florida a very familiar with the area. I think you’re very brave to invest there. That said, I’m surprised to see the rents so high there. Good for you.

I just closed on my first tri-plex in Hollywood and I'm dealing with a situation there as well. I secured a VA loan on a property that needs repairs only after I was able to get gap insurance from some smaller insurance provider that I found through my real estate agent. The gap coverage was contengent upon me getting silicone seal to the roof to extend the expected life to at least three years and this had to be done within a few days grace period of the insurance policy being issued. Well, I had a big argument with my agent and the roofing guy she referred to me the day before closing. My agent is no longer speaking to me, I didn't get the silicone seal through the roofing guy but the closing went on as planned. Except now I got an email from the insurance company asking for the four-point inspection with the required roof repairs or the insurance coverage will be cancelled. So now I'm in a scramble to 1) line up an inspection with a reputable roofing company to get an estimate and complete the roof repairs and 2) contact the insurance company to explain my goof and see how I can proceed forward. I'm hoping it gets worked out fairly easy but I'm bracing for the worst.

Lennon,

What is the schedule for this event?

Jack,

Thank you for the great advice. I have reviewed a few BP Pro member profiles. I will continue that, and the REIA meetings might be worth a visit too. Thank you.

Hi BP members,

I'm active due military and I just relocated to South Florida. I'm looking for a good real estate agent with experience working with investors. Can anyone give referrals? I'm looking to purchase a multi-family in South Broward using a VA Loan.

If any of the BP members can refer an agent with experience doing these types of deals, it would be greatly appreciated. Experience working with military personnel would also be a plus.

Hi BP members!

Can anyone recommend a good book keeper for hire? I would like to get professional help keeping accurate and up to date records of all my income and expenses. Thanks in advance.

Tom, I chose it specifically because it was offered by a turnkey provider that I have been in contact with and following for awhile now. I'm not committed to the area outside of that reason.