All Forum Posts by: Eugene Kemp

We had a similar problem. Lease was coming due so we notified them that we would not be renewing. They begged to stay, so I raised rent $100 per month, with written notice on a month to month arrangement that if paid by the 1st, they could take $50 discount. Furthermore, if not paid by the 5th, I would cancel our agreement, and they were out first time they were late. So far, so good.....carrot and stick.

Yes, we used it for the first time recently and had a very good experience.

Alex....we have what I consider a good local CPA in the Jax Beach area.  If you are interested in speaking with him, please PM me.

Obv, we'd be happy to help in Jax Dan.

If what you say is true, sounds like you know the answer. Get out while you can save some of your investment!

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Of course it does.....if you're willing to pay for it!

However, you can also inherit great tenants.....we have twice!

I've bought both.  I currently he a sfr that I'd like to sell that has a month to month tenant in place paying $1300. I would view this as the ideal situation,  as a month to month does not commit anyone long term, but I  manage myself.

I just found a guy to do it for $1.10/sq ft, but expect to pay around $1.50.