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All Forum Posts by: Pedro Andrade

Pedro Andrade has started 9 posts and replied 38 times.

Post: Property manager recommendations

Pedro Andrade
Posted
  • Posts 41
  • Votes 12

Hello Adam, 


If you're looking for a property manager in Fort Lauderdale, TrueNest Property Management stands out for its hands-off approach for owners and a strong focus on transparency. They handle everything from tenant placement and maintenance to detailed financial reporting, making it easy for investors to stay informed without the headaches of day-to-day management.

One of the key reasons investors choose them is their proactive approach—strict tenant screening, preventative maintenance to avoid costly repairs, and clear, consistent communication. They also offer protections like eviction handling and rent collection guarantees, which can be a game-changer in today’s market.

Are you looking for full-service management, or are there specific challenges you're trying to solve with your current properties?

Post: TrueNest - Leasing Services

Pedro Andrade
Posted
  • Posts 41
  • Votes 12

🏡 Leasing Your Property – A Proven Process for Success! Whether you own a Single-Family Home, Apartment, Condo, or Small Multifamily, our expert leasing service ensures you get the right tenant—not just the first one to apply.

📋 Our Step-by-Step Leasing Process:

✔️ Initial Consultation – We discuss your goals and rental strategy.

✔️ Property Visit & Rental Analysis – We assess your property and set competitive pricing.

✔️ Professional Photography – FREE high-quality photos to attract tenants.

✔️ Property Marketing – Listed on MLS + 100+ websites for maximum exposure.

✔️ Weekly Feedback Reports – Stay informed about your listing’s performance.

✔️ Online Applications – Fast and convenient for applicants.

✔️ Owner Access to All Applications – Transparency in tenant selection.

✔️ Applicant Notifications – All applicants receive approval or denial updates.

✔️ Final Tenant Selection – You have the final say on the approved tenant.

✔️ HOA Coordination & Lease Agreement – We handle the paperwork.

✔️ Move-In Inspection Report – Thorough documentation before handing over the keys.

✔️ Key Handover to Your Tenant – Smooth and professional lease transition.

📢 Why Choose TrueNest for Leasing?

✅ We Focus on Finding the Best Tenant – Not Just the First One!

✅ A Thorough & Proven Process to Protect Your Investment

✅ Maximum Exposure with Professional Marketing & MLS Listings

📺 Watch Our Pricing Breakdown Here:

• TrueNest - Our Pricing

📞 Call/Text: 954-669-9426

📅 Schedule a Consultation: https://calendly.com/truenestpm/consultation

📽️ Learn More About Our Process: https://truenestpm.com/property-management...

Post: Property Management issues

Pedro Andrade
Posted
  • Posts 41
  • Votes 12

This situation is frustrating, but you can take decisive action to fix the violations, deal with the property manager, and make sure your tenant is held accountable. Here’s what I’d do:

1. Handle the City Violation Immediately

Request a Meeting with the Inspector – Call and ask for an in-person or virtual inspection to clarify exactly what needs to be fixed. Some inspectors will work with you if they see you’re taking action.
Hire a Private Cleanup Crew – Since your manager isn’t handling it, call a local junk removal or maintenance service to do a one-time cleanup and send you pictures. This stops the immediate fines.
Negotiate the Citations – If you've already received fines, contact the city to see if they can be reduced or dismissed if you prove the issue has been resolved. Some cities allow appeals, especially if the problem was due to mismanagement.
Request an Official Compliance Plan – Some cities offer compliance agreements that give property owners time to fix recurring issues without constant fines.

2. Address the Tenant's Role

🏠 Review Lease Agreement – Check if the lease includes a clause about maintaining the exterior. Most leases require tenants to keep common areas clear of trash.
⚠️ Send a Formal Notice – Issue a Cure or Quit Notice if the tenant is responsible for the trash. This legally warns them to fix the problem or face further action.
📸 Require Proof – Ask the tenant to send you photos on trash collection day to ensure compliance. If they keep violating, you may need to escalate.

3. Replace the Property Manager

🚨 Immediate Warning – Send a final written notice demanding resolution. If they continue being unresponsive, terminate the contract.
🔄 Secure Important Documents – Get copies of all lease agreements, tenant contacts, maintenance records, and security deposit details before cutting ties.
🔍 Find a New Property Manager – Look for a local firm with good reviews and ask about how they handle city compliance issues. Demand transparency and regular photo updates.
📢 Notify Tenants – Inform tenants of the change, provide them with new contact info, and ensure they understand expectations moving forward.

4. Legal & Long-Term Strategy

💼 Consult a Local Attorney – If the fines keep adding up and you’re stuck in a bad management contract, get legal advice on how to protect yourself.
📊 Check City Records – Look up past violations on the property to ensure there aren’t hidden issues from before you bought it.
📅 Set Up Regular Inspections – Have someone check the property monthly to prevent this from happening again.

At this point, the issue is bigger than just trash—it’s about protecting your investment. Have you started looking at other property managers?

Post: First Time Investor

Pedro Andrade
Posted
  • Posts 41
  • Votes 12

Great question, Frank! Starting with low capital, house hacking could be a smart way to build your rental portfolio—buying a small multi-family or even a single-family home and renting out rooms or units to offset costs. This lets you live in the property while your tenants help pay down the mortgage.

Another option is partnering with others or using creative financing like seller financing or BRRRR (Buy, Rehab, Rent, Refinance, Repeat) to scale up over time. Have you looked into any specific markets or strategies yet?

Post: Let’s Connect and Collaborate in California Real Estate!

Pedro Andrade
Posted
  • Posts 41
  • Votes 12

Welcome to the real estate world, Peter! While I’m not based in California, I work with investors across different markets, including those looking to expand into or out of CA. A lot of my clients diversify their portfolios between Florida and California, so there’s definitely room to exchange insights and referrals.

If you ever have clients looking at opportunities in South Florida—whether for rental properties, multifamily, or relocations—I’d be happy to connect and explore how we can refer business to each other. Likewise, if I have investors considering California, I’d love to have a solid connection there.

What areas in CA are you most focused on? Looking forward to staying in touch!

Post: Condo prices are going down, HOA fees going up. What would you do?

Pedro Andrade
Posted
  • Posts 41
  • Votes 12

TS you’re definitely not alone in this situation—rising HOA fees and special assessments are squeezing condo owners across South Florida, especially in areas like Tamarac and Fort Lauderdale. Many associations are playing catch-up with deferred maintenance, and with new reserve requirements coming into play, we could see even steeper increases.

Before selling at a loss, consider:

  • Rental Strategy: If your building allows it, would converting to a mid-term or short-term rental improve cash flow? Some investors are offsetting costs this way.
  • Buyer Pool: Instead of listing traditionally, have you explored targeting cash investors or those looking for value-add opportunities? Seller financing could attract a wider range of buyers.
  • Exit Timing: If you’re relocating your investments, would holding a little longer (while offsetting costs with rental income) put you in a better position to sell when the market rebounds?

That said, if your HOA continues increasing costs at this rate without property appreciation, reallocating funds elsewhere might be the smarter long-term move. What market are you considering for reinvestment?

Post: Condos turn buyers into owners, while apartments build investor wealth.

Pedro Andrade
Posted
  • Posts 41
  • Votes 12

Great breakdown! One additional factor to consider is market trends and exit strategy, especially here in Fort Lauderdale, where both condos and apartments play a major role in the investment landscape.

  • Condos: Many investors look at Fort Lauderdale condos for short-term rentals or Airbnb, but HOA restrictions can make or break that strategy. Some buildings prohibit short-term rentals, while others embrace them, making research critical. Appreciation potential is strong, but high HOA fees can eat into profits.

  • Apartments: Renting in Fort Lauderdale makes sense for those who prioritize flexibility. With the area’s growing population and seasonal residents, demand for rentals is high, creating steady opportunities for landlords. However, with rising rents, long-term renters may miss out on the wealth-building benefits of ownership.

For investors, understanding rental demand, HOA regulations, and property values in Fort Lauderdale is key. Whether you’re looking for cash flow, appreciation, or flexibility, your strategy should align with both your goals and market realities.

What’s your main priority—short-term income, long-term equity, or flexibility?

Post: TrueNest - Leasing Services

Pedro Andrade
Posted
  • Posts 41
  • Votes 12

#LeasingProcess #PropertyManagement #FindTheBestTenant


🏡 Leasing Your Property – A Proven Process for Success! Whether you own a Single-Family Home, Apartment, Condo, or Small Multifamily, our expert leasing service ensures you get the right tenant—not just the first one to apply.

📋 Our Step-by-Step Leasing Process:

✔️ Initial Consultation – We discuss your goals and rental strategy.

✔️ Property Visit & Rental Analysis – We assess your property and set competitive pricing.

✔️ Professional Photography – FREE high-quality photos to attract tenants.

✔️ Property Marketing – Listed on MLS + 100+ websites for maximum exposure.

✔️ Weekly Feedback Reports – Stay informed about your listing’s performance.

✔️ Online Applications – Fast and convenient for applicants.

✔️ Owner Access to All Applications – Transparency in tenant selection.

✔️ Applicant Notifications – All applicants receive approval or denial updates.

✔️ Final Tenant Selection – You have the final say on the approved tenant.

✔️ HOA Coordination & Lease Agreement – We handle the paperwork.

✔️ Move-In Inspection Report – Thorough documentation before handing over the keys.

✔️ Key Handover to Your Tenant – Smooth and professional lease transition.

📢 Why Choose TrueNest for Leasing?

✅ We Focus on Finding the Best Tenant – Not Just the First One!

✅ A Thorough & Proven Process to Protect Your Investment

✅ Maximum Exposure with Professional Marketing & MLS Listings

📺 Watch Our Pricing Breakdown Here:

• TrueNest - Our Pricing

📞 Call/Text: 954-669-9426

📅 Schedule a Consultation: https://calendly.com/truenestpm/consultation

📽️ Learn More About Our Process: https://truenestpm.com/property-management...

🔔 Subscribe for More Expert Property Management Insights! #LeasingProcess #PropertyManagement #FindTheBestTenant #Broward #MiamiDade

Post: Why Smart Investors Trust TrueNest for Hassle-Free Property Management

Pedro Andrade
Posted
  • Posts 41
  • Votes 12

Hey, if you're looking for a property manager, you probably have one main goal: to make your rental property truly passive income—without the stress, headaches, or unexpected surprises.

But here’s the reality: The wrong property manager can cost you more than just money—delayed rent, bad tenants, and constant problems can turn your investment into a nightmare.

That’s exactly why smart investors choose TrueNest Property Management. Unlike others who nickel and dime you, we have a completely transparent pricing modelno hidden fees, no conflicts of interest. We only profit when you profit, which means we’re fully invested in keeping your property performing at its absolute best.

I know choosing a property manager is a big decision. You need to know your investment is in the right hands. That’s why we do things differently—with full transparency so you always know exactly what to expect. No surprises, no stress, just results.

Here’s what I recommend:

👉 Step 1: Watch these short videos where I break down exactly how we operate—our pricing, processes, and how we maximize your rental income. No other property manager opens up like this because they don’t want you to see behind the curtain. Check it out here:
🔗 https://truenestpm.com/property-management-process

👉 Step 2: Let’s schedule a quick Zoom call. I’ll personally walk you through how we can help you increase cash flow, eliminate stress, and protect your investment. Spots fill up fast—grab a time before the next tenant issue arises:
📅 https://calendly.com/truenestpm/consultation?month=2025-03

Let’s make your rental property truly passive. Looking forward to connecting!

Post: Thinking of Buying a Large Home and Renting Rooms

Pedro Andrade
Posted
  • Posts 41
  • Votes 12

Hi Amy,

Both strategies can work well, but renting out rooms in a large home comes with a unique set of pros and cons:

Pros:

  • Typically lower purchase prices than multi-family properties.
  • Potentially higher cash flow if rooms are rented individually.
  • Easier financing compared to multi-family properties.

Cons:

  • Higher tenant turnover and potential roommate conflicts.
  • Zoning or HOA restrictions in some areas.
  • Managing multiple leases within one property can be challenging.

If you’re leaning toward this strategy, it’s important to set clear house rules, screen tenants carefully, and have a solid management plan in place. I’ve worked with investors who do both—happy to share insights or help you explore options!