Maintenance! Who is responsible? Perhaps the question I get asked the most from landlords is “who is responsible for repairs and maintenance, the Landlord or the Tenant”. The answer to this question is that both the landlord and the tenant could be responsible. Let me explain what I mean by “could be”. Generally speaking and according to Florida landlord tenant law, a landlord has the legal responsibility to provide what is termed a “Warranty of Habitability”. This is a legal doctrine that imposes a duty on the landlord to make the leased premises habitable and ready for occupancy and to continue to maintain the property in a state of repair throughout the entire term of the lease. Read More... Managing Your Rental Properties: Part I When it comes to rental real estate, marketing a rental home, screening and selecting tenants and managing rental properties should usually be left up to a professional property manager or a property management company. However, there are those of you real estate investors out there who, like me, enjoy being intimately involved in every aspect of your rental properties. Like many of you, I have personally managed my portfolio of rental properties for several years now. Read More...
Spend a Little, Save a LOT
Can you think of a bigger buying decision than purchasing a house? That sticker price is daunting enough, but since most of us finance our homes, the actual cost can be staggering! No wonder people want to save where they can. In the shadow of a giant price tag, we want to watch our nickels and dimes. Read More... Getting Started in Today's Market Confusion” is the prevailing wind in the stormy economy swirling around us. Pundits advise waiting out the storm and hunkering in, but for many people that’s unrealistic. Jobs are affected, income levels fluctuate, and your housing decisions can make or break you financially. On the other hand, if you’re renting, now is the time to buy. So forget the pundits and take this advice instead: Don’t go it alone! Real estate is a whole new ballgame…Read More! |