All Forum Posts by: Shawn M.

For the past few years I have been using the Residential Lease For Apartment or Unit in Mutli-Family Rental Housing located on the florida bar's website for the rental of my condo. Is that the same form many of you are using? Do you use a different rental agreement? Renters agreement is up for renewal and I am wondering if there is a better agreement that I should use.

@Jeremy Paris thank you.

@Edward Burns yes I would be the one handling the rental. I currently rent out a condo I own in the same complex. What additional information could I provide that would assist in evaluating?

Mom owns a condo but due to health issues can no longer go up and down stairs (condo is on second floor). We are looking to rent a ground floor apartment for her near us. As for her condo we are debating on whether to sell or rent. She purchased unit 10+ years ago putting down $7,500 but then refinanced (rate 6.75%) during the housing boom. She can most likely sell property for about $13k more than she paid however after agent commissions and closing cost she would walk away with only $7,500. Or we could rent the unit, which after all expenses including mortgage, would have a positive cash flow of only approximately $100 per month. The association is in good financial shape with reserves and recently had all major maintenance items (roof, painting, paving, etc) completed. Would you keep the property as a real estate investment or sell it?

I appreciate any insight you can provide.

Thanks for the welcome guys! @Omar Florence not sure I'll be able to make it out to BREIA tomorrow but will definitely do so next month.

Hello All,

Newbie to real estate investing. Actually as my profile notes, I always had the desire to invest in real estate but found myself hesitating to pull the trigger. I became an investor by circumstance when I bought a single family home but could not sell my condo due to the downturn in the housing market. I have been renting my condo for the past few years and would like to begin investing in other property. Tons of great information on this site which I hope to absorb and meet people with similar interest.