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25 September 2024 | 20 replies
Cheap bandit signs (only where legal!)
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24 September 2024 | 1 reply
You must learn to communicate with possible residents, ethically and legally screen them, juggle the calendar, create leases and collect rent.
23 September 2024 | 2 replies
If the other tenant is the one creating the unsafe situation, then you are legally allowed to remove them.But I wouldn't take any steps unless the tenants asked you to get involved.
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24 September 2024 | 8 replies
If you're looking for FL attorneys that specialize in private money lending, I spoke with two this week - Jennie Farshchian at Farshchian Law and Michele Diglio-Benkiran at Legal Counsel PA.
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23 September 2024 | 1 reply
Are you familiar with what is legally required for notification?
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22 September 2024 | 7 replies
Works out to be cheaper than any other text blaster that is legal.
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23 September 2024 | 6 replies
Key Principles:Mindset and Goals:Think Long-Term: Real estate is a long term play in most cases Set Clear Goals: Define your financial goals and how real estate fits into your overall plan.Finding the Right Property:Location, Location, Location: Invest in areas with strong economic fundamentals, good schools, and low crime rates.Cash Flow is King: Look for properties that generate positive cash flow (rental income exceeds expenses).Consider Appreciation: While cash flow is primary, also consider properties in areas with potential for long-term appreciation.Financing:Get Pre-Approved: Get pre-approved for a mortgage before you start looking at properties.Leverage Wisely: Use leverage (debt) to your advantage, but don't overextend yourself.Consider Creative Financing: Explore options like seller financing or partnerships.Building Your Team:Real Estate Agent: Find an experienced agent who specializes in investment properties.Property Manager: Consider hiring a property manager to handle day-to-day operations.Accountant: An accountant can help you with tax planning and financial management.Attorney: Consult an attorney for legal advice and contract reviews.Managing Your Investment:Maintain the Property: Keep your property in good condition to attract and retain quality tenants.Screen Tenants Carefully: Conduct thorough background checks on potential tenants.Review Your Finances Regularly: Track your income and expenses and make adjustments as needed.Example Action Steps:Set Your Goals: Define your financial goals and how real estate will help you achieve them.Educate Yourself: Read books and articles about real estate investing.
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24 September 2024 | 19 replies
city / state reversed the law that made all drugs legal that was a bone head move .. and they finally figured that one out.. the next one they need to reverse is that any theft under 900.00 basically is just a ticket and not enforced thats also led to the rampant theft that has closed down numerous business's .
23 September 2024 | 10 replies
I know you can't speak legal but maybe there are high level things to look out for.
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23 September 2024 | 5 replies
Eventually you will collect rent, legal fees and all other court costs.Lesson to other landlords.... deposits and LMR are never to be applied to a tenants rent.