asset protection: Miami Real Estate Investors Association MREIA Summary and Video/Photo Gallery and Summary of May 27th, 2008 Meeting - 06/02/08 04:26 AM

Click Here to view MREIA Club Page MREIA's May Meeting
Summary and Video/Photo Gallery Meeting Summary:Well the meeting didn't start out too well because I forgot to bring my "jump drive" for the slide shows and went all the way back to the office to retrieve it. When I arrived there were ten people already there. THANK GOD I had set up before the meeting started. I like to network before the meeting starts but I had to get everyone signed in due to me being late.Attendance wasn't huge but it was not small either. It was refreshing to see many … (1 comments)

asset protection: Recommended Real Estate Reading List - Part I - 05/02/08 01:38 AM

Click "HERE" for IGG's and MREIA's Recommended Real Estate Reading List
I recently attended a presentation by Ray Higdon in Ft. Myers. Ray mentioned several books that had an impact on him. Several of the books matched several books I have read over the last few years. It's funny, the same books are always highlighted in presentations, seminars and conversations with real estate investors.So, I decided to put together a list of books that helped me and help educate people that are real estate professionals, investors or who have expressed an interest in Real Estate. … (0 comments)

asset protection: Landlording - Ten Things to Be Aware of! Numbers 7 - 10 - 04/29/08 03:07 AM
7. Have your lawyer prepare your rental contract package.
There are professional tenants that specialize in ripping off landlords based on loop holes in contracts, missing addendums, handling of monies, wording in the contracts, etc.  There are lawyers that specialize in protecting tenants from being evicted improperly.  Things you should be aware of if you are a Landlord:
Make sure a Real Estate Attorney reviews your rental contract with the proper disclosures.Learn the local Eviction Laws and Process in your area.Disclosures - Make sure you have all the proper disclosures attached to the rental package.8. Never, never ever give or tell your … (2 comments)

asset protection: Landlording - Ten Things to Be Aware of! Numbers 4 - 6 - 04/28/08 03:22 AM
4. Have your tenants send rent check to P.O. Box address.
You don't want them to know where you live! Renters always show up when you are having dinner with your family.5. Always charge an application fee ($100) to process rental application.
I always found that I had success with charging a non-refundable,   application fee. People are less likely to mislead you when they have skin (money) in the game. You can always apply the deposit towards the applicant's security deposit later on. This application fee covered my costs for:Application ProcessingCredit CheckCriminal History Background CheckThese checks are really necessary to make an … (7 comments)

asset protection: Landlording - Ten Things to Be Aware of! Numbers 1 - 3 - 04/25/08 03:32 AM
Never hand over the keys to the property until tenant provides proof of utility connection (electricity & water). Why?• Many times ROOKIE Landlords will connect electricity and water to their properties to perform maintenance in-between renters.  The water and electricity must be working for Section 8 or HUD inspections, an insurance four point inspection or for the rehab crew to use.  While this is OK, many owners forget that when they rent to tenants, they must disconnect the utilities before they move in not after.   By law, once the tenant moves in and the utilities are still in the landlord's name, … (3 comments)

 
Bob Burns, Real Estate Marketing and Blogger (Miami Real Estate Investor's Association MREIA)

Bob Burns

Real Estate Marketing and Blogger

Miami, FL

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Miami Real Estate Investor's Association MREIA

Address: Miami, FL, 33132

Mobile: (305) 586-5280

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Educating Investors in Real Estate and Investment Strategies that produce multiple streams of Cash Flows or Assets.


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