All Forum Posts by: Lisa Malservisi Cornillot

 So far my experience with multi family has been decent.  I am learning a lot.  I started with a condo which was much much easier to manage, pretty much hastle free, but multi family, especially because I did not buy in the best neighbourhood, has been quite challenging.  However, the main key is to get the right tenants.  I inherited a coulple of bad ones and I am going through my second eviction, but after I get rid of the bad apples, I think it will be much better.  For my next investment though, I think I will find a better neighbourhood.  It's all a learning experience and hopefully I am getting better, I still think being a landlord is a great position to be in and I am grateful for it. Are you renting your single family homes and townhouses? Townhouses have a lot of maintanence fees but then I guess you don't have as much work to do and water is included in the fees. How is renting single family homes?

So how do you find the deals off the market? 

Great, thank you.

Yes I agree with the deposit, I now ask 3 months rent to move in, but this smuck was already in the house when I bought it and had already used up all his deposit!!!!

Thank you so much for your advice.

Hello Landlords,  just wanted some advice on my situation, which I am sure has happend to some of you in the past.  I bought a 4 plex here in Florida, 1 year 5 months ago, it came with 3 tenants already, one good and two not.  One of which I ended up evicting 1 year ago, which ended up in a nightmare.  He put liquid cement down the pipes, broke windows, stuffed raw chicken under the carpets and ran me up over 3k in water bills by leaving the water on for the whole time the eviction was going on. Anyway, that's over, but here is my dilemma.
One of the other tenants has been late since the second month of ownership.  He pays me every two weeks but little bits and is now $1375 behind.  I have served him 3 day notices 4 times now, then he promises to pay x amount every two weeks to catch up, but then there is always an excuse why the amount is much less.  We have no lease in place as I have been wanting him out since the begining, so we are on a verbal lease.  I also sent him a certified letter that I needed my place back by x date and he never picked up the letter either.
Last Monday I gave him another 3 day notice and he did not pay or move out by the due date, but now he is sending me text that he is going to pay me 800 by next week and then 1000 and doesn't stop calling me.  I have not answered.  I think the Eviction Company might have served him the 5 day on Friday.  So my question is, should I talk with him to try to resolve this or go ahead with the eviction, but what if he turns nasty like the other tenant?  He actually told me that he would do worse things than my previous tenant did. Please advice, thank you.

Thank you.

Hello, my name is Lisa Malservisi Cornillot and I was introduced to bigger pockets by a friend who is a real estate investor.  I have been a landlord for over six years now and I really like it.  Just over a year ago I bought my first multi family property and I have been doing a lot of learning and I know I still have lots more to do.  I would like to build my portafolio and keep growing.  I joined this site as I want to learn as much as possible by people who have already been there and done it!!  The more you know about the industry, hopefully the less mistakes you will make!!!  I am located in South Florida and my current rental properties are in Broward County. I look forward to being a part of Bigger Pockets Family.