All Forum Posts by: Vanesa Gonzalez

Thank you @John Thedford. Of course my lease has it and it is 2 months. So in this case I am the one losing money because all I have left is the 1 month security deposit. 

Thanks again,

I am dealing with a new issue and I dont want to be unfair.

I bought and renovated a SFH and placed a tenant. This is a 3/1 in a B neighborhood in Jacksonville. Tenant was planning to live by himself and he works 12 hours a day. I gave him 3 weeks for free so we started the lease on September 1st. On September 17th he calls me and says that somebody broke into the house. I offered him to install ADT and he suggested another company, Viviant, so I hired Viviant and because of his work schedule I asked him to schedule the installation. He agreed and thanked me. He says they were planning to go the next day. It looks like he didnt manage to be at home for the installation and on September 23rd, he calls me and tells me the same happened again. This time I offered him to leave the house and he says he wants to stay so I hired ADT and the alarm system is installed that same day. I also sent my handyman and cover the glass in the one window he says they broke. I asked again what is his plan and he says he doesnt know. I asked him to tell me asap. On September 26th he calls me and tells me he is leaving the property on October 15th and wants his deposit back. Then he says he wants his money back and on September 30th he handles the keys to my assistant.

This is in Florida.

What should I do?

I usually install ADT on my properties that are in no so safe zones, but this is not the case with this neighborhood. 

@Joe Maurer yes, that is correct.

All the best,

@Rita Medeiros I cant. Moved to Bordeaux France 3 weeks ago... a sabbatical I can afford thanks to my rentals! I will be back in Miami in a year and I would definitely attend these meetings

@Rita Medeiros would love to! But I just moved to Bordeaux, France. I am planning to keep investing while here but not sure when I will be back in the States.

All the best,

@Cassie Montalvo great job! CONGRATULATIONS! Love the kitchen! Where is this property located?

@Stephanie Sicard congratulations on deciding to change your path! Rentals are a speedy way for early retirement. I am an investor from Miami and I have most of my doors in Miami and Jacksonville. But I am not buying anything in Miami now, because even if you get a good deal, property taxes in Miami Dade are way too high now.

Fell free to contact me with any questions. I have mostly SFH and a couple duplexes.

All the best!

I agree with @Angelica M Garzon. I also live in Miami and invest in Jacksonville and Orlando. I usually fly there but feel like if I have to drive it is doable. 

I know there are other areas/ states that are really good for investors but you should at least know a realtor or a have a friend or family member on site who can guide you, at least at the beginning.

Good luck and let me know if you need any guidance in Florida!

Agree with @Cheryl Lefaive

@John Lewis

You are asking a very personal question but I would definitely sell and scale. The beauty in this case is that you dont have a time frame to buy the other properties, like when you do a 1031.