All Forum Posts by: Leonard Rybak

Call the city, and speak to them about the property, go into detail about what you see. A lot of times, depending on city ordinances,  landscape overgrowth, on the home, on the roof, on the sidewalk, garbage near or around the home,  just to think of a few things, can result in violations and fines from the city. Sometimes, money can motivate people to actually clean up their properties.  

What else is wrong with the home? 

Good luck!!!!

The average shower uses 17 gallons. So it would be almost impossible for a couple to live there. But perhaps a single individual could live there.  I would just go with a 40 gallon to make sure there are no tenant complaints.   Also make sure there is a pan underneath it and adequate drainage incase it cracks . 

 Hey Alex, does this still hold true about minimum 20% down for dscrs

Hi everyone, what are you thoughts on the Boca Raton rental market. Is it booming? Or slow 

Do people actually rent single family homes for $4000 ?   

I always felt families buy homes and retirees buy homes.  But who actually rents?

thankful for any feed back

Hi all, can anyone recommend an investor-friendly real estate agent in the Boca Raton, FL area that has experience working with out of state investors?

Hi all,   I am interesting in purchasing a property for rent in south east Florida, mainly Hallandale, Hollywood and South Beach.  I have notice quite a tremendous amount of properties listed for rent on zillow and they have been sitting nearly a year .   What is the cause of this?  I am afraid to invest there for Long term rentals as a fear I will be vacant for quite a while.   Is it mainly the location is a poor rental area?  Maybe it more for retirees?  Any input would be appreciated. 

Sorry for my horrible spelling and grammar. I was in a rush.

Thank you for your good feed back

Hi all,

   Trying to brainstorm if this is a good or terrible idea. I would love to spend my retirement in Florida.  I am debating if I should buy a decently priced home in Florida using a mortgage, rent it out as soon as possible, and have a tenant(s) pay down my mortgage until I am ready to move in and have the mortgage either paid down or nearly paid down. Do you guys think this is a decent idea, or disaster waiting to happen.

My concerns are that vacancies, forcing me to spend my own income to pay down my current residence and the florida home. Also, I am scared a tenant cant damage the home and leave it unappealing for me to move into....and lasty, taxes or insurance can grow out of proportion leaving me not wanting to move their in the future.  What are your thoughts?