All Forum Posts by: Jeremy England

Cozy, go to the website and sign up.  Use them for screening and collection.  Easy peasy.  

only catch is you'll get paid like a week after the rent is due because of processing the payments, but you'll be notified its being processed on the day its paid (due date)

Frankly i've never been satisfied with any negotiation i've been through.  Feel like i'm always the one giving in more than the opposite.  

The police will pay your claim,  just document the cost and damage and go down to the station that arrested the guy.  Im a LEO in my day job and i've never seen a landlord that didn't get compensated.  We leave them in the condition we found them or we pay.  Easy peasy

I agree with steve graves.  Besides, if he has been there 6 years i doubt he is moving because of 25 dollars.  And if he wanted to stay in the area, he would find even with the raised rent, he was still getting a deal.  

I rent to the first applicant who meets published qualification standards and pays the deposit.  

As for your situation now, I guess it depends on why you denied him/her.  If its felony convictions, credit score, income,  judgements, evictions, just say so.  

If you have good responses to vacancies, consider raising your published standards for renting.  I've only owned two rental properties but both units i had good paying tenants due to screening.  

400 after debt service.  Taxes and ins paid annually, and capex and maint is deferred due to rehab.  So most consistent measire for me is after debt service cash.  

This is for sfh properies in rhe 90-120 arv

Closing costs. Might be biggest expnse for 100-120k flips

Amber, 

Remember to account for wetlands in developing the property.  You can have a 100 acr property and .1 acres of it might be buildable.  

But regarding your question.  You'll need two sewere hookups and two electrical panels, two water meters.  Tiny homes are done here, one was just placed on the waterfront here with an existing home on the same lot several months ago.  So there is obviously a method to get them permitted.

REgarding the zoning of  property, you'll need to either petition for a variance or   get it rezoned (not certain how thats done)

I recommend you download and review the Escambia county land development code and perhaps speak with officials at the building department.  

So i've bought and sold several homes in Florida but never refinanced one.  Lender is telling me survey is required.  I'm verifying that's true.  If I don't have to pay for a survey, I don't really want to.  

What say you?  Thanks

When I FIRST started i was a builder and did custom builds then got financed with zero money down on spec homes.  Then the 2008 crash happened and I lost a ton of  money, but paid all my debts then took a job out of state.

Recently I got back into it with money I made on the sale of my last personal residence. About 100k

This money I consider house  money because its not my retirement, not my kids college, not my home equity.  Just cash made from moving.