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All Forum Posts by: Kim Meredith Hampton

Kim Meredith Hampton has started 10 posts and replied 2472 times.

Post: Can I decline an applicant because their move-in date is far out

Kim Meredith Hampton
Posted
  • Real Estate Broker
  • St Petersburg
  • Posts 2,624
  • Votes 2,112

It’s always good to have a rental selection criteria up front posted that outlines your procedures and processes. Did you tell these applicant that you wanted immediate move in? Once you approve someone, you need to move forward, if you have not done that, you should be ok.

Talk to the applicant and see if you can compromise and have them move in one week instead of two

Post: When is a Lawyer Needed

Kim Meredith Hampton
Posted
  • Real Estate Broker
  • St Petersburg
  • Posts 2,624
  • Votes 2,112

Ellen,

If this is your first eviction, please hire a professional landlord tenant attorney. There is a lot of paperwork and process that you must get right, if not, you have to start over. Maybe once you know what to do, you could then go it alone. 

Post: Rental property in Tampa

Kim Meredith Hampton
Posted
  • Real Estate Broker
  • St Petersburg
  • Posts 2,624
  • Votes 2,112

Alon

It depends on where in the zip code the property is located. Some of that area I would not recommend, but say next to HardRock us a great little rental neighborhood

Feel free to message me

Post: Short term rental opportunity-Need a mentor to help me analyze-possible investment 4U

Kim Meredith Hampton
Posted
  • Real Estate Broker
  • St Petersburg
  • Posts 2,624
  • Votes 2,112

Gary, good places to analyze STR are Rabbu, Airdna, mashvisor and strinsights

Post: Starting claim for water damage

Kim Meredith Hampton
Posted
  • Real Estate Broker
  • St Petersburg
  • Posts 2,624
  • Votes 2,112

Taking lots of photos and maybe providing before and after photos, several bids for work. Have the PM meet insurance adjuster. If you feel like the adjuster/insurance is not giving you the right amount of money for all your repairs/replacements, you can hire a company to come in and fight on your behalf. 

Post: In contract - found out it's an illegal multi family?

Kim Meredith Hampton
Posted
  • Real Estate Broker
  • St Petersburg
  • Posts 2,624
  • Votes 2,112

@Ashley Langeliers Unfortunately, this is one of the first things we check now. There are so many people who put out these properties, numbers look great, it’s built out, collecting rent etc..  but they never permitted. This is an expensive rule to learn, buyer beware and check and verify everything! So sorry this happened, get yourself and experienced agent

Post: Seeking more education, training on Landlording, property management

Kim Meredith Hampton
Posted
  • Real Estate Broker
  • St Petersburg
  • Posts 2,624
  • Votes 2,112

Love @Melanie Thomas answer. You could also check the local college or universities. I’m addition, I know there are several property management classes you can take online, just need to search

Post: Tenant Navigating New Lease

Kim Meredith Hampton
Posted
  • Real Estate Broker
  • St Petersburg
  • Posts 2,624
  • Votes 2,112

Chris,

Not sure if I’m missing a piece of the puzzle or your lease has some sort of maintenance piece that you are responsible for, this just sounds absolutely crazy!

Why would you be responsible for paying anything for a pipe burst? That has nothing to do with tenant negligence?

Post: My First Eviction

Kim Meredith Hampton
Posted
  • Real Estate Broker
  • St Petersburg
  • Posts 2,624
  • Votes 2,112

Daniel,

Don't beat yourself up, take this as a learning experience and move on from there! Due diligence on the front end is imperative, but sometimes things happen that are out of your control.

I am not familiar with the MN eviction process, hopefully someone can chime in. Do you have a real estate attorney helping? If not, please seek them out, you dont want to miss one step

Post: What to do with vandalized owner occupied property

Kim Meredith Hampton
Posted
  • Real Estate Broker
  • St Petersburg
  • Posts 2,624
  • Votes 2,112

Peggy,

Do you have access to credit card, maybe friend/contractor that wants some skin in the game to fix for free for a piece of ownership? Think outside the box for a fix. Any other family members that can talk to the family member that damaged the property and make them pay, can you file charges?