All Forum Posts by: Orita Issartel
Orita Issartel has started 16 posts and replied 125 times.
Post: Looking for advice on renovating a multifamily with tenants.

- Real Estate Investor / Realtor
- Miami, FL
- Posts 125
- Votes 67
I just started the same process In a property we bought in December. We have 8 units (8 little houses in a large plot of land) that have been kind of abandoned by the previous owner. It had a management company in place but all they did was collect rent. We do have 3 units empty so we're starting with that. It's always hard to be a new landlord to existing tenants. Specially if the previous landlord was not there. As the leases come up we will just let them know we will not be renovating them. No one will be happy because they are paying very little rent right now. We're not going to offer to help them find a new place and we know around the area they will not find anything like it for the kind of rent they are paying now. We just hope for the best. Good luck!
Post: Is Miami Florida a good place to be a real estate agent?

- Real Estate Investor / Realtor
- Miami, FL
- Posts 125
- Votes 67
Post: Rent late by Inherited tenants in Central Florida

- Real Estate Investor / Realtor
- Miami, FL
- Posts 125
- Votes 67
@Kristina Heimstaedt and @Kim Meredith Hampton I forgot to specify that I had already sent 2 other emails previous to that one and that I was at the property all day yesterday and part of the day today. No one came to talk to me.
To be very honest these are tenants that I inherited and do not want. The property was a little bit abandoned by the former owner and the management company that was in place was not doing their job.
People were doing pretty much what they wanted there. This guy only answered to my third email because I mentioned in the email that if we did not receive rent by the 4th we would be starting an eviction process on the 5th.
Being a landlord to inherited tenants is one of the hardest positions as a landlord I've experienced and have seen my clients experience. Specially in a property where the owner was totally absent.
I stopped by the property after closing, with my husband who is the other part of my business, and we introduced ourselves. I made sure to send them all an email wishing them a Happy Holidays and giving them my contact so they could reach out in case of need. I feel that he had the opportunity to have reached out to me before rent was due and ASK if it was ok to pay it next week. After all I am the landlord and it's I that should take the decision. He did not even ask on his email. He simply stayed the fact.
I already let him know that he needs to borrow money to pay the rent or be faced with an eviction. I'll put a 3 days notice on his door on the 5th.
If I let this one go the others will do the same.
I don't have a relationship with any of these tenants nor plan to.
They are not the category of tenants I want for my property.
I've been a landlord long enough to know that as Kim says they need to know you mean business. You try to be nice to people and all they do is take advantage of it.
Thanks for your reply.
Happy New a Year!
Post: Rent late by Inherited tenants in Central Florida

- Real Estate Investor / Realtor
- Miami, FL
- Posts 125
- Votes 67
Post: Tax Collection on VRBO-Destin Florida

- Real Estate Investor / Realtor
- Miami, FL
- Posts 125
- Votes 67
When I had properties on short term rentals I hired Avalara and they got me the licenses I needed and did the monthly pay. You just have to report on their website. I thought it was worth it.
Post: Newbie from Miami looking to grow wealth!!!

- Real Estate Investor / Realtor
- Miami, FL
- Posts 125
- Votes 67
Welcome to BP! Wishing you lots of success in your new venture.
Post: Total newbie from Miami, FL

- Real Estate Investor / Realtor
- Miami, FL
- Posts 125
- Votes 67
Welcome!!! BP is a great place to learn and network. Hope your resolution will be fulfilled.
Post: New to the forum - to be investor soon

- Real Estate Investor / Realtor
- Miami, FL
- Posts 125
- Votes 67
Welcome and good luck! Lots to learn in this forum.
Happy holidays to you too!
Post: First, Last and Security is a lot of money??

- Real Estate Investor / Realtor
- Miami, FL
- Posts 125
- Votes 67
In South Florida, specifically Miami, I always ask for first month rent and 2 months security deposit for my properties and those of my clients. It's actually the norm here. Here's the thing; if the tenant decides to stop paying and we have to evict and on top of it there's damage to the property even with 2 months deposit you'll lose.
Post: Rent payments from new tenants

- Real Estate Investor / Realtor
- Miami, FL
- Posts 125
- Votes 67
@Al Pat I've used Cash to pay my cleaning crew for an Airbnb I use to have and it worked great.