All Forum Posts by: Joshua Adlam
Joshua Adlam has started 0 posts and replied 52 times.
Post: Tenant Refusing to leave after non-renewal time is up.
- Property Manager
- Tampa, FL
- Posts 65
- Votes 29
The proper time would be to file for an ejection. This should be a quick and simple matter depending on if you are seeking to collect the past due rent.
Post: New Here. Interested in flips and wholesale.
- Property Manager
- Tampa, FL
- Posts 65
- Votes 29
Quote from @Tyler Lucas:
My name is Tyler, I've been a home improvement contractor for 5 years, with 15 years total in the industry. The last 2 years I've worked almost exclusively with RE investors, rehabbing home for flips. I am very interested in getting some deals under my own belt and beginning to build for mine and my family's future. I am interested currently in flipping and wholesale, but in the future would like to start building a portfolio with BRRRR. Would love to network and make connections with others in my area.
Tyler welcome, Property manager and investor here, would love to connect
Post: Multifamily Mastermind Group
- Property Manager
- Tampa, FL
- Posts 65
- Votes 29
Hi Jen, property manager and investor in the area. I love the idea of a solid MF meetup in the area. As some people alluded to the one in Ybor is super legit. Happy to connect!
Post: Clearwater, FL property management suggestions
- Property Manager
- Tampa, FL
- Posts 65
- Votes 29
Quote from @Matt Friesz:
@Norman Schultz hi Norman, have you found a good PM company in Clearwater? If so could I get their contact?
Thanks,
Matt
Happy to potentially connect about this,
Post: Looking for Great Property Manager 10-20 units Tampa/St Pete Area
- Property Manager
- Tampa, FL
- Posts 65
- Votes 29
I believe we can take care of you, happy to connect!
Post: My 2 to 4 properties.
- Property Manager
- Tampa, FL
- Posts 65
- Votes 29
Great situation to be in.
Rent out the brooklyn home then sell it after 3 years (unless you need cash now)
Renovate the vacant home then rent it out to collect cashflow
Move in with your mother, and rent out the current home you live in for more cash flow. After 2 years you should refinance it, once you do that you and your mother should move and you should rent out that home.
After 3 years, you will have 3 homes that cashflow, a nice chunk of change from the sell of the property and you and your mother can live comfortably in nicer place
Post: Considering hiring a property manager in St Pete, FL (50+ units)
- Property Manager
- Tampa, FL
- Posts 65
- Votes 29
Hi Patrick,we are based in tampa but have a few properties in St Pete. I would love to see if we could be a fit for you!
Post: Tampa rental opportunity
- Property Manager
- Tampa, FL
- Posts 65
- Votes 29
Quote from @Mike Danner:
I have an opportunity to purchase a home in Tampa without listing my current home for sale. The only thing is it would drain my savings lower than I would want but gives us an opportunity to keep our current home as a rental/Airbnb. In this case would you say go for the opportunity or sell it? This would be my first rental as well.
One thing to consider is refinancing your current home before purchasing your new one. If you air bnb the home you will be able to pay of the mortgage and cash flow. Now you are buying your next property already having a cash flowing asset and tons of savings
Post: Form LLC for the rental property?
- Property Manager
- Tampa, FL
- Posts 65
- Votes 29
Quote from @John Dersoe:
I'm moving to Tampa and considering keeping my 2 fam in NY as a rental property, and possibly purchasing another rental in the Tampa area. Would you form an LLC for each of the rentals and why?
John
I would 100% file as an LLC. Outside of protection to me the biggest thing it does it helps you enter the mind of a legit business owner. You properties are businesses and should be ran as such and this includes having an LLC. The cost is minimal
Post: AC unit estimate cost
- Property Manager
- Tampa, FL
- Posts 65
- Votes 29
Quote from @Raymond Macasaet:
Good evening everyone!
I was wondering how much do we usually charge installing a new AC units to include labor and taxes for a single home in Tampa, Florida?
Very respectfully,
Raymond
$4,000