Store in Between Moves During Holiday Season with POD’s

POD's have helped hundreds of thousands of families to move over the last decade, and they  listened and watched to find out the best ways to pack and move using our containers. The products offered are designed to protect your belongings and keep your things safe, and were  based on the advice from other customers just like you! Finding time to house hunt is difficult–especially for sellers during the holiday season. Everyone is busy with family events, holiday pageants and last minute shopping.  PODS are the perfect solution for short- and long-term storage:

 

  • Convenience and ease of moving during the holiday season
  • Use a POD's Moving check list to keep organized
  • Sellers we suggest you don't 'over' decorate especially if it takes away from the curb appeal, not to mention time savings with your move.

 

PODS can help sellers:

  • Declutter their homes to help sell them faster and for more money
  • Utilize temporary storage between moves
  • Move across town or across the country

ERA Select Services offers a discount to owners selling with ERA Showcase Properties. Contact me for more details.

Zillow Offers Guidelines: Investing in Real Estate

With all the short sales and foreclosures it makes it an ideal time to buy real estate. I came across an excellent post on Zillow, Investing? 6 Types of Properties to Pursue which offers solid advice on scoping out investment properties.

Leonard Baron says, “Too many people buy fixer-uppers thinking they’ll add value by doing a renovation. Then they get mired in a much more expensive and time consuming property than they ever expected. More money into the property means lower investment returns for you and less wealth-building than you expected.”

Investors get mesmerized by a “cheap price” however price is just one factor in the equation. Location, location, location is still very important, along with the rental demand. What about resale, will the property sale easy in the future?

Our Turnkey Operation was created to help investors purchase prime rental properties. Our rehab team can help with properties that need CPR, (Carpet, Paint, Repair). Once repairs are complete we put it on the market for rent.

Whether you’re a long time investor who wants to add to your existing portfolio, or a newbie venturing into investing in rental properties for the first time, contact me. I am confident you’ll be impressed with how easy we make it to invest in real estate.

TIME ON OUR HANDS

     There comes a time when some tenants want a month-to-month lease (or a non-renewal).   It could be a college student who is in their last year and doesn’t want to get stuck owing months of rent that’s left on a lease.  It could be a family buying their first house and requires a few months to get everything together.  Or, they’re looking for what they feel is a better bargain in another complex, house or condominium.  Regardless, how do you, as the landlord, handle the end-of-term notices?

     First, what is a month-to-month?  A month to month tenancy is created when the landlord allows the resident to stay after the expiration of the lease agreement, or in the event that there was never even a lease in the fist place and the resident pays monthly. The resident presumably continues to pay the rent money until such time as either the landlord or the resident decides to terminate the tenancy.

     What about the rent and notice?  If there is a short-notice (usually less than 15 days) the renter typically owed for the entire month.  The landlord’s non-renewal notice to the tenant must be accurate concerning this date. It is usually a good idea to “cross-notice” the resident with your own notice of non-renewal.  Please see your real estate attorney for a proper notice or cross-notice.

     Be careful with partial-acceptance of rent for the last month.  Often a resident will not give you proper notice OR will give you a partial rent payment covering the time period in which they will stay. If you accept that partial payment, you may be accepting the “terms” of the resident’s notice, be it proper or improper. If you take a partial rent payment when the resident has given you insufficient notice, you may not be able to charge the resident for the remaining days in the month in which he leaves, even if he has otherwise given you proper notice.


MILITARY PERSONNEL AND LEASES

     What do you do when you have military personnel as tenants?  You’re thinking, ‘I collect the rent and wish them well.’  That’s good and what do you do when they have to suddenly deploy in the middle of their lease?  Not so cut and dried, is it? 

     With so many men and women in the Military these days, it’s difficult to know what to do when a lease holder comes to you and requests to break their lease without owing any balance, fees, losing deposits or last month’s rent. All you can think about is all the money you’ll be out if you give them what they want.  What does Federal Law say?  What does Florida Law say?

     The short answer is, ‘it depends’.  Without sounding hard-nosed about keeping a tenant to their lease or maybe citing ‘if I let them out of their lease, everyone will want to break theirs and not pay a penalty’.  That may be true, but the law is on the sides of Military Personnel.  Anyone else is SOL [so outta luck].

     If a Military Personnel comes to you (or sends certified documentation) with their orders to deploy or move, by law, you have to let them out of their lease, with no penalty and give them back all deposits (provided there was no damage).  Oral notification does not work, either by the servicemember, recruiter or base.  It must be official documentation.

     For the full wording of the laws, see Releasing Servicemembers from their Leases

by Brian P. Wolk, Attorney at Law.