All Forum Posts by: Paul Tibok

Hello All, 

Im hoping some of my Florida people on here could point me in the right direction to get a lease online for an apartment I own and would like to rent out.  I lost all my contacts and can't seem to find the company I went through last time.  I know some people on here would be helpful!  Thank you! 

Hello all. I am a motivated buyer looking to close on a 50+ unit apartment complex in Florida ASAP. Preferably in the central to northern part of the state. I can provide POF if needed, really not looking to waste anyone's time here. Is anyone here a commercial broker or can you point me in the right direction? Thank you in advance.

Very unique home in the heart of Stuart close to beaches, fishing, shopping,and restaurants. Lots of potential and equity in this property which can be used for variety as single family, multi family, boarding home, sober house, group home due to having separate entrance to 2nd floor studio apartment with full kitchen, bath and balcony. Needs rehab but his opportunity won't last long, owner taking Cash Offers now! 65k in repairs, ARV 290k. Can provide comps. Reach out to me for a private showing or more pictures. Paul 561 294 5085

are you the current land lord or do you have it under contract?

@John Thedford they ended up leaving last minute.  They didn't clean at all, left the place mess, and left furniture and garbage in the apartment but on a positive note they never asked me for their deposit or gave me their new address when I asked them (proof in text messages) so I guess they are not concerned about it.  I apologize to everyone for posting about something that didn't actually happen but I really learned a lot anyway.   Thank you all again!

@Thomas S. the last check they gave for December had written on it, "Final Rent Payment" that is when they told me they were leaving.  I have a copy of it.  I did not collect the beginning of this month and they did not attempt to pay me because I had their last months rent in escro.  I guess I should give them written notice that I will not be renewing with them?  How about the 72 hours to vacate notice hand delivered if they are not gone on Thursday?  

Hello BP, new landlord here.  I need advice.  My property is in Fl. I bought my property in August and took over the lease for the previous owner.  My tenants lease is up Jan 31.  They told me they were leaving last month which is fine with me for many reasons but I have a feeling they  wont be leaving.  Its clear they havn't started packing and I just have a feeling they can't find a place or mabye now realized even tho I raised their rent in the new lease proposal they wont be able to find anywhere that compares for the price. I have already started to market the place and have plenty of people who want a viewing as soon as it is vacant.  What should I do besides talk to them and try to work it out if they are not out by Thursday?  To my understanding I need to give them a notice in person which states they have 72 hours to vacate, and if they don't then I need to file an eviction at the courthouse.  Is this accurate?  Aren't they trespassing after the lease expires?  If they write me another rent check because they say they want another month should I not accept it?  I want them out because they were not willing to pay the increased rent which was still under market but anyway please help me this is my first rental property and I need to go about this professionally and legally.  

@Carolyn Morales thanks for the encouragement!  I would love to spend more time with my cousin but he is so busy with his business, a new born, and his own rentals that he really doesn't have the time.  Plus he lives across the country.  However he plans on moving to Fl in the next few years.  Anyway just curious how you financed your deals?  I'm not able to put down the traditional 10 or 20 percent for a mortgage right now as I just bought my first rental a few months ago.  I need some ideas on how I am going to close on my next property.  I was thinking about using a hard money lender and refinancing with a bank after.  Also what is your opinion on the Ocala market or surrounding areas.  My fiancees mother and brother live up there.  We are thinking about moving up  in the next year or 2 and I would like to sell real estate, do flips and build my portfolio up there.  I love it up there the people are friendly and the land is beautiful plus it is horse country and my fiancee is demanding we get a place with a barn haha, there's not much that is in my ideal price range for us down where I am.   Thanks

@Nancy Huffaker thanks for reaching out.  I respect that you are starting this journey at your age, I used to even kick myself for not starting sooner but that is not what is important!  Doing our best with what we have to work with is all we can do.  How long have you owned your duplex?  I've had mine only a few months.  I can't wait to get another except I got into a bad car accident and am not working right now so i don't think any lenders would be interested.  Guess there is always creative financing but I have a lot going on right now.  What do think the duplex will need to make in rent able? 

@Joe Norman thank you.  Things will fall into place I just need to keep putting one foot in front of the other!