All Forum Posts by: Daniel A. Abreu

@Greg H. So o guess the quest is how I’d notice to be given if the landlord has disappeared?

@Michael Kistner That was my best guess, but I’d figure I’d ask someone a little more versed in these matters. Thanks for the response.

This situation has come to my attention from a friend who was asking what their rights are, and since I don't deal too much with rentals, I wasn't 100% sure how to answer, figured this was a good place to look for advice.

Tenant is currently renting on a month to month lease in St. Petersburg, Florida. The air conditioner has not worked in about 3-4 days. Tenant has called the property manager countless times and written emails regarding the air conditioner. All communications have been ignored. its been consistently in the 90's during the day. Tenant has called a/c repair companies to come out, but no one will without either the property manager or owner's permission (Owner on title is a Land Trust, so no way to find out the individual).

The living conditions are becoming uninhabitable.  What rights does the tenant have in this situation?  

@Brandon M. Great! Looking forward to sitting down with you.

Hi everyone! I am currently in the market for an agent to work with in the Tampa area. My wife and I are investors in the area, and we are looking for an agent familiar with the investor mindset and process. Please send me messages if you are interested in meeting to see if we can work together. Other investors in the area, please feel free to make any recommendations as well! Thank you!

Hi all, My wife and I are relatively new to the investment side of real estate and are planning on doing a couple of buy/flips for the rest of the year in our area. We are weighing options between private lenders and hard money. My basic question here is: what are HML looking for? What do I need to get approved? Do I give them my business plan? Do I need to be under contract or not? This side of it is pretty new to me, and I’d appreciate any and all info available. How about private lenders? I would imagine they definitely want a solid game plan to make sure they know how their money is being put to use. Or do all they care about is their return? Thanks for the help!!!

@Shannon Sullivan hi there, the CPA is a friend of mine who is a CPA and attorney, who also is working in the real estate industry. If you would like his information, you can send me a PM.

@Andrea Proeber thank you so much for the information. I think I might have a property manager in mind for the rentals when I get to that point. I will definitely ask him about any contacts he might have for rehabbing. 

I have been working in the real estate world for about two years. I live in the greater Tampa Bay Area, which appears to be a hot market overall and no signs of slowing down. My wife and I have been observing and researching the possibility of doing our own real estate investments. We aren’t looking for any get rich quick ideas, but more for the ability to add significant stability to our lives within the next several years, including rehab/flips and buy and holds. My wife and I both have high level education and, have the time and desire to work at the industry. Right now I have both an attorney and CPA that I can depend on, but my connections end there. I would love some guidance from some experienced folks on how to really get the ball rolling. 1) I seem to be in a spot where I am just not sure where to find deals. I’ve made a couple of calls to realtors and inquired about a couple of properties I have found on my own, but I seem to be hitting a bit of a roadblock. How do I get out from behind the computer? Aside from REI meetings, anywhere else to look? And on that note, working with a realtor - pros/cons (aside from commission cutting into profits). 2) I would love to meet with an experienced contractor about rehabs. Again, my wife and I have done some of our own independent research on this to give us broad ideas about cost of materials, and guesstimates as to labor. I’d love to speak with someone one on one in the area, find out if I’m in the ballpark, learn a bit more about that side of the deal, and possibly establish the business relationship with someone to do our rehab work. 3) I have so many questions about financing. Any guidance on this subject would be greatly appreciated. My wife and I have been working under the idea of starting ourselves out with hard money, as we a) don’t have the best credit, and b) don’t have much of our own money to go traditional routes. If this is the route to go, how do I start out? Do I need to be under contract before I approach the lender? What else is needed? Do I need a plan of the rehab or do I just call and give a blanket number and pray for the best? If I were to find someone to partner with who would be willing to put the money down, what would be a good initial approach? I’ve worked in sales a long time and always had a great success rate. I’m more asking, what’s a good approach for someone with little to know experience on this side of the transaction? I was thinking this is why I need to round out my group with an experienced contractor. I can give hard numbers upfront and what to expect on return. Any and all advice is sincerely appreciated.