Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Taz Patel

Taz Patel has started 10 posts and replied 63 times.

Post: Tenants want to sue me over security deposit

Taz PatelPosted
  • West Palm Beach, FL
  • Posts 63
  • Votes 7
John, I did send the notice on March 31st via certified mail to my condo address and it came back as undelivered April 11th and i have the envelope . The old notice was sent way early and i did not have the correct expense figures . Here is what i was thinking : 1) i meet him Monday i will reason with him to see if he agrees to take the $1200 we had discussed 2) If he does not accept , i will wait for his notice demanding the money Question: Does this notice if prepared by a lawyer need me to pay any fees or is that only of they go to court and win 3) Even if it goes to court I can always do mediation and at that point pay him back Not sure if i will need to pay him the attorney fees 4) Because i made a mistake i don't want to take this in front of judge now and risk paying for lawyer or fines . Lesson learned , do a complete walk through of the house before and after move in with your tenants .

Post: Tenants want to sue me over security deposit

Taz PatelPosted
  • West Palm Beach, FL
  • Posts 63
  • Votes 7
Thanks Nicole for taking the time to talk with me . I appreciated the advice

Post: Tenants want to sue me over security deposit

Taz PatelPosted
  • West Palm Beach, FL
  • Posts 63
  • Votes 7
Thank you all for your responses Here is what i did today: 1) Sent a new notice and this time with itemized deductions This notice is still being sent to the condo address. It would be returned back to me 2) I was able to Google the tenants address for a house they own in the area . It matches the address on their drivers license . Kicking myself that it should have been a red flag had i checked the drivers license and property records . Would have been evident that this guy would sub lease or at least not stay at my rental for the whole year Should i also send a notice to this address ? I am still debating meeting him Monday . He has not sent me any notice yet but looks to be talking to a lawyer I have offered him $1200 back from the $2200 deposit so far

Post: Tenants want to sue me over security deposit

Taz PatelPosted
  • West Palm Beach, FL
  • Posts 63
  • Votes 7
If they gave me keys on March 20th What's the 30 days in Florida to send them a itemized list He was okay to pay me $1000 in repairs but his tune changed after talking with an attorney so i am in this mess . I thought we would work it out He has moved to Tampa and we were going to meet next Monday when he was going to be back . I was to give him a package with someone else's name on it ṭhat i found Delevred to condo. Now he says that he will only take $2200 minus &220 for the six days extra rent Just pondering the options i have now. 1) go to court and risk attorney fees 2) meet him Monday and give him $1980

Post: Tenants want to sue me over security deposit

Taz PatelPosted
  • West Palm Beach, FL
  • Posts 63
  • Votes 7
We are in Florida so I have 30 days from March 20th Not sure if today April 19th counts since this is the 30th day I have pictures of the damages and receipts for work but they are only close to $1000 Receipts have handyman work There lease expired on April 14 th and i gave them 6 days to repair damages I have receipt for cleaning, pest control , Ac repairs , dish washer repairs For some items i do not have receipts I sent them a copy of notice via whatsapp Is that admissible in court or can i send a new notice today ?

Post: Tenants want to sue me over security deposit

Taz PatelPosted
  • West Palm Beach, FL
  • Posts 63
  • Votes 7

My tenants have moved out in March 2017.

I meet them at the property during move out inspection and we found damages but have no written report. 

Tenant had subleased the apartment to someone else (found out in the last week of tenancy )

They did not provide me any forwarding address and was no response when I asked them.

30 days later they are threatening to sue me using an attorney (That's what they told me over the phone)

I did send a notice to deduct security deposit  but to my own condo (last known address). 

Tenant says my notice is invalid because I did not itemize the deductions 

Help, I am loosing sleep over this.

They are demanding me to return the deposit else they will file in court for security deposit and lawyers fees . What do you recommend I do ? 

Post: Good lease format in MS Word

Taz PatelPosted
  • West Palm Beach, FL
  • Posts 63
  • Votes 7

Thanks I found one here:

rental agreement - BiggerPockets

Post: Good lease format in MS Word

Taz PatelPosted
  • West Palm Beach, FL
  • Posts 63
  • Votes 7

Can anyone share a good (pro landlord) lease in word format ?

I need one for my rental Condo

I have the standard Florida lease but want to update and make it stricter.

The standard pdf format is getting to much trouble with formatting.

Thank you!

Post: Looking for good Personal Umbrella Policy Company

Taz PatelPosted
  • West Palm Beach, FL
  • Posts 63
  • Votes 7
Originally posted by @Jason Bott:

@William Howley there are many options out there.  I use a few different programs with my clients.  One of them is $400 per year per each $1M and can go to 15-20 units before the pricing increases. 

Another option is $1200 per year, but $5M limit is the lowest option.

 Jason, can you PM you details

I am shopping for umbrella insurance

Post: Umbrella Policy on 10 Homes

Taz PatelPosted
  • West Palm Beach, FL
  • Posts 63
  • Votes 7
Originally posted by @Michael Kehoe:

Hello - can anyone recommend an investor friendly insurance company that can write an umbrella policy covering 10+ homes in Florida? Note that my primary home is in San Diego, CA. Appreciate your guidance. Thank you.

 Hello Michael,

Where you able to find a good agent/company ?

I am shopping for umbrella coverage too