Archive for the ‘Renters’ Category

Great week at Golf Villas. We are now 98.19 % occupied, only 8 % in delinquency, 2 scheduled move ins, 97% net lease. We are working on renewing residents for July & August 2010. Great! Ohh Yeah–availability is tight!! We have one 2/1 for August 2010, and 2 1/1’s on our availability that are still not pre-leased. Golf Villas is doing great!!!

The property is doing great, curb appeal increasing and resident retention great. New assistant Manager to start some time next week, hopefully, Wednesday.

Hopefully another great week!!!


Have you tried to purchase a property recently?

Purchasing a property in the United States at this moment is very difficult.  More than 50 % of offers are pushed to the side, as real estate agents and brokers, pick and choose who they would like to sell their listings too….

You ask, “How does he know? I have been trying to purchase some new properties for about 14 months; I have gained much new knowledge on how the “Real Estate” market is being run.

I have gained to new relationships, but the way that I see that real estate is being sold is completely bogus.

Offers are thrown away as people desperately awaiting a reply. For instance, Helen Troy, has submitted an offer on a home, about 7 months ago, she has been desperately awaiting a response from her real estate agent, in which she has chosen Misses Troy’s offer, despite other offers being submitted, offers are chosen…..

Right now, what counts is who you know… Real Estate Agents, want to sell their own properties in order to make the full commissions.

I think this needs to be revisited, restricted by the government and fixed ASAP, in order to help increase home sales in our country.

I have submitted about 43 offers, and received only 3 calls back. Bogus? Or Ironic? Trust me it’s very frustrating…..

 Do none paying renters loose their credibility with a judge and/or landlords?

 Yes, I believe they do from my personal experience in property management of 8 years and personal evictions that I have filled.

 People that do not pay their landlord do lose their credibility with the judge and their landlord. Especially if the law suite or eviction goes to court and the renter has not placed any money into the court registry, which when placed in the registry shows the landlord and judge that they really would like to keep their home and work some type of arrangement out.

 Most residents on eviction usually do not deposit anything, and that is exactly when they have completely lost their credibility. The judge and landlord set their mind that this person is not serious and needs to be evicted ASAP.

 Most none paying renters usually are very irresponsible in my opinion, especially if they have children. Housing should be paid before anything else, to avoid legal action towards the renter.

 An eviction takes about 3 months in Miami-Dade, and 6 weeks in Broward.

 Most private owners do not send their evicted residents to collections, nor file lawsuits against them, which I highly encourage, no un-justification, should be un-seen. 

If you need further help in filling a person lawsuit contact your local court house, it is very easy.