Trulia Community - Advice from neighbors and local experts

Find Your Community
We couldn't find that location. Please try again.
Get Expert Advice

Rental Basics in 33615 : Real Estate Advice

  • All29
  • Local Info2
  • Home Buying18
  • Home Selling1
  • Market Conditions0

Activity 21
Sun Jun 9, 2013
Kenneth Burrows answered:
It entirely depends on how you structure it. Are you paying cash or need a mortgage on them? There are many solutions such as placing some properties in a trust or corporation which would enable you to receive more mortgages on them. Get into touch with me, I am pretty good at achieving what you are trying to accomplish. P: 888-320-7888 - www.MortgagesforAmerica.org or e-mail me with any questions - Ken@MortgagesforAmerica.org ... more
0 votes 12 answers Share Flag
Fri Aug 17, 2012
Danielle Sharp answered:
Review your lease and speak with an attorney. No one can answer your questions without all of the facts - lease terms, late payments, lease violations etc etc.
0 votes 4 answers Share Flag
Thu Jun 21, 2012
Andi Simmons answered:
Hi Collins, you may need to give a higher deposit if you are going to rent from a private owner, but your best bet will be an apartment complex until you are able to improve your credit. Good luck! ... more
0 votes 1 answer Share Flag
Sun Jun 10, 2012
Phyllis Strickland answered:
It's possible. need more info number bedrooms, areas your interested in, how much is your budget?
0 votes 2 answers Share Flag
Wed Jun 27, 2012
Anne Fauber, P.A. answered:
Cathy, I think I had the possible tenant. I will call Autumn tomorrow and give her info on community. I just sold a unit last week and have another one closing next week, in that community.
I'm not sure if an attorney can help, but I will pass along info of a real estate attorney to her. I would think it would help if you had anything from RealManage in writing with rental approval.
... more
0 votes 3 answers Share Flag
Thu May 31, 2012
Carsmiley answered:
YES, Please contact me at Carmen@KirstenRealty.com. We will help you find something.
0 votes 1 answer Share Flag
Mon Mar 23, 2015
Lisa Reeves answered:
There were two communitites that came up with rentals in this price point. Nassau Point at Heritage and Hammocks. You should be able to find these listings on Trulia. Good-luck.
0 votes 7 answers Share Flag
Thu May 31, 2012
Dan Turner answered:
I made the move down from NY some years ago and I am certain you will enjoy the Florida lifestyle. With credit that is not the best, you should plan on paying first, last and security. There is also an application fee averaging $50 per person, and a pet fee (when applicable) of about $300 per pet. Please feel free to search for rental properties at www.DanTurnerRentals.com and let me know if you find properties you would like to view. ... more
0 votes 6 answers Share Flag
Mon May 7, 2012
Brainard Realty answered:
The broker that she is working for. All you will need is her Company's phone number. Hope this helps
0 votes 5 answers Share Flag
Wed Apr 18, 2012
Debra (Debbie) Rose answered:
To make sure you're dealing with the REAL owner - ask for ID and make sure they are the owner of record (you can check public/tax records).

Also, NEVER send money via Western Unon.......if the person says they can't meet you in person, or it sounds fishy...........it probably IS fishy.

Make sure you meet any potential landlord in person.....another tip off that it is a scam is when the rent sounds too good (too low) to be true!
... more
0 votes 11 answers Share Flag
Wed Apr 18, 2012
Alma Kee answered:
In Tampa Bay we have many preforeclosure properties so it's crucial for a tenant to verify the Seller is current on his mortgage or the tenant could end up having to allow "showings" to prospective buyers on a short sale. Also if the landlord is insolvent it may be difficult if repairs are needed, too. Also the deposit is supposed to be held in a separate account but some landlords may not and it could be difficult to get the deposit back.

We have a shortage of rentals in Tampa Bay so the best properties get grabbed up within days of being listed so you need to act quickly. There is not much room for negotiation, unless the property is overpriced. To capture a good price, you also need to start the lease as soon as it becomes available so don't waste time looking sooner than about 30 days before you will sign the lease.

All the best,
Alma Kee
www.SoldOnTampa.com
813.244.9898
... more
0 votes 6 answers Share Flag
Wed Apr 18, 2012
Alma Kee answered:
Check Craigslist and just be sure to verify the landlord is paying the mortgage or you may get evicted or have to allow "showings" of the property by Realtors and their buyers. Not fun having people traipsing through with minimal notice. For this reason, it may be wiser to live in an apartment "complex". ... more
0 votes 7 answers Share Flag
Wed Nov 2, 2011
Kenneth Lee answered:
I have rented to several Section 8 tenants and have had generally positive experiences. The biggest advantage of a Section 8 tenant is that you are practically guaranteed to receive your rent on time (at least the Section 8 portion of the rent as the program may not cover the entire amount). The biggest disadvantage is that if you have an older property you may be required to make improvements in order to meet newer building codes and/or improve accessibility and other issues to accommodate the elderly and disabled. ... more
0 votes 1 answer Share Flag
Wed Nov 2, 2011
Will Ochse answered:
The answer boils down to the value of your time. As a manager, you'll have to deal with a variety of calls that aren't truly the responsibility of the landlord. You will be the responsible for the accounting and budgeting for the property as well as the maintenance and vendor supervision. This may seem simple as you are the principle in the deal but it can easily consume too much of your time if you have a career to attend. Some managers will advertise low rates and you'll typically get what you pay for. In our current state of affairs you'll see managers popping up everywhere because a somewhat stable income is more attractive than a commission based income. New property managers may beat current rates but may not provide the necessary experience or attention to properly manage your asset.

If you have the time, do it and save the money. If you don't, be diligent and choose a manager that is well respected in your area and will manage your asset as opposed to your physical property.
... more
0 votes 1 answer Share Flag
Sun Jul 3, 2016
Elizabeth Herbert answered:
Samantha, EVERY Landlord MUST take Section 8 housing, it's economic discrimination if they don't based on just that criteria.
0 votes 6 answers Share Flag
Sat Apr 17, 2010
Kent Gagon answered:
Matt,
As a real estate investor in the past, I did sell all my rentals prior to the drop in values but plan to buy again actually looking now due to pricing. One of the things that you need to consider when determning if you are comfortable managing the homes yourself is do you have reliable people that can handle issues with the homes should they come up? If the answer is yes, I would certainly try managing them on your own at first. If this does not appeal to you after a few months then hire someone to manage them for you. I personally managed 6 homes with little issues, but I had reliable plumbers, electricians, ac people etc. Managing the homes on your own will save you a significant amount of money especially if you live near them. If you are an out of state investor then I would suggest hiring someone to manage the homes for you. Absenty owners can have difficulty managing from long distances. Managing rentals is not as hard as everyone thinks it is, just have a good team of people that can help you should issues come up. Also consult an attorney should you have tenant issues and need to evict someone.
I hope this helps best of luck to you
... more
0 votes 2 answers Share Flag
Thu Feb 18, 2010
Tony Delgado answered:
I'd be happy to help you. Contact me anytime.

www.tampanativeagents.com
0 votes 4 answers Share Flag
Wed Mar 9, 2011
Tony Delgado answered:
Depends on what area you buy and what price you pay. I've sold places where rents are $800 a month with a purchase price of 45K. No repairs necessary. Not a bad return but that�39;s subjective. ... more
0 votes 4 answers Share Flag
Sat Jul 31, 2010
Alma Kee answered:
You locked in a $480 savings by signing early [($50-$40) x 12 months] and now the current offer is better and you expect to get it?

Now if the offer was worse and there was a $1,000 penalty do you think it would be fair (although you had a contractual agreement to get a $480 annual savings) that you should now forfeit your savings and pay the $1,000 penalty?

I rest my case...
... more
0 votes 2 answers Share Flag
Sat Feb 12, 2011
Dallas Texas answered:
Confer with attorney however you are governed by lease terms and statues of state of Florida, if you are resolving issues with lender while tenant residing in property many propertiy owners are doing this across the country then move forward tenant is not aware of issues.

If you notify tenant tell them you are working on these issues they could pack up and leave .

However if home does go to foreclosure best notify tenant therefore they can make arrangements

GREAT QUESTION:

National Featured Realtor and Consultant, Mortgage Loan Officer, Lecturer regarding Credit Repair
Lynn911
... more
0 votes 3 answers Share Flag
1 2
Search Advice
Search

Followers

540