Jacksonville FL Real Estate Update

head_left_image

Being a Landlord - It's Not All Fun and Games

Okay, maybe that's a little silly. After all, most people probably never thought ANY of landlording was fun and games. That's mainly because we (people in general) tend to talk the longest and loudest about problems, not successes.

Having owned rental properties for a number of years, I'd have to say that FOR THE MOST PART it has been a very rewarding experience. We've had the pleasure of meeting and getting to know some wonderful people who rented from us. We've had the pleasure of turning some into buying customers.

And, up until recently, we've had the wonderful good fortune of having fantastic tenants who kept our properties in good shape and paid the rent on time month after month. I say, until recently because in the past year we've gotten 2 tenants who just don't seem to see the importance of paying on time. They don't even seem to mind paying the late fee. But, as I've explained to them, I'm not in the business of collecting late fees - I'm in the business of collecting rents... on time!

Well, the simple lease agreement we've used for years doesn't quite cut it when you have the problem tenant. And, quite frankly, I just wasn't experienced at having to provide notices of eviction and all the other legal stuff required when tenants don't hold up their end of the bargain. Fortunately we attended a seminar that dealt with all these issues and now have the resources we need to tackle the problems. (Unfortunately we attended the seminar about 2 months after we got these 2 tenants.)

This article is to offer you the source of the resources we've obtained. The attorney that conducted the seminar has an incredible website with more helpful articles and forms than Carter has little pills (yep, you gotta be a baby-boomer to know what that's all about). And it's all FREE. So, if you are a landlord in Florida or are considering becoming one, I'd highly recommend that you visit http://evict.com/ and bookmark it. You'll be soooo glad you did!

Hometown Realty Logo

Timothy H. Fennell, P.A.
Susan A. Fennell, P.A.
Broker Associates / REALTORS
www.BestHomesInJacksonville.com

1 commentTim and Susan Fennell • July 26 2006 02:54PM

Comments

I have rentals too and what a headache. Fortunately since my wife is retired from Real Estate she handles the rentals. But it's always something. It seems every time my renters pay their rent they have to tell me about something that needs to be fixed. It is worth it in the long run though.
Posted by Bryant Tutas-Tutas Towne Realty, Inc over 4 years ago

Participate



(optional)
What does the graphic say?