Becoming a Florida Resident

Florida is one of the most populated states in the US, and that says a lot about the kind of place it really is. If you are one of the people who have decided to settle in the state permanently and become a Florida resident, there are certain legal steps that you have to take to declare it as your domicile state. This gives you the benefit of not having to pay taxes to the state that you are moving from, in addition to the essential right of being able to vote. Here is a complete walk-through for becoming a resident of Florida.

File a declaration of domicile for Florida

The declaration of domicile is a legal document that allows you to declare officially that you are a Florida resident because of the fact that you have a residence that you wish to use on a permanent basis. Even if you have other properties or homes in other states, you need to declare that your house in Florida be considered as your primary and predominant home. The declaration has to be signed by you with a Deputy Clerk or Notary Public as your witness.

Procure a Driver’s License registered in Florida

If you have a valid driving license from another state, a written or practical driving test is not required to get a driver’s license in Florida. Take the license you already have along with your identity documents to get a Florida DL. Other documents that are required include Social Security number, proof of Florida residence address, and change of name documents if any. You are required to get done with this procedure within 30 days of declaring your domicile.

Vehicle registration

All the vehicles that you own including cars, trucks, and boats have to be registered at the Florida Department of Motor Vehicles. This includes getting the required insurance and paying the registration fees.

Voter registration

This can be done either with the Supervisor of Election or while you are getting your Florida DL. The registration closes 30 days prior to the election and opens only after the elections are over.

Regarding payment of taxes

You can pay your final taxes from the state that you previously lived in before moving to Florida and notify the officials about the move. Make sure that you list your new Florida residence address when filing for federal taxes and alert the Social Security Administration about the change of address.

Miscellaneous memberships

Transfer your membership for banks, churches, clubs and groups to be registered for Florida. This is an indication of your loyalty to the state and proves your sincerity of giving back to the community in whatever way possible.

Buying a new home

If you have the requisite capital, and you are sure of permanently staying in Florida, it is better to buy a house in the state than to rent one. This is because it makes you eligible for the Florida homestead exemption that gives you tax benefits while establishing your domicile.

Contact Me

I always have valuable information ready at the go on my Youtube account or on my website Tampa2Enjoy.com. If you wish to reach me through phone then don’t hesitate to give me a call at 813-317-4009

Overview of Brandon, Florida

Hi my name is Lance Mohr and I want to do this overview and go over Brandon, Florida.  I’m a Brandon real estate agent and I just want to try to help you get a little more familiar with Brandon if you are thinking about maybe relocating there or buying a home, renting a home etc.

Location

Brandon is located in Hillsborough County.  It is off the 75 and it is just south of the I-4.  It is an older area predominantly Brandon was built in the 70s and 80s.  You will see some home in the 50s and 60s.  You will see some homes in the 90s and 2000s but predominantly they are smaller homes maybe 13, 15, or 2000 square feet built in the 70s, built in the 80s.  It is very, very nice if you are looking for areas that have a lot of things to do.  They have tons and tons of restaurants there, movie theaters, tons of shopping, and just everything.  As a matter of fact, people who live in Riverview, Apollo Beach, all the surrounding areas pretty much need to go to Brandon if they want to do things but with that being said when you get on some of their major roads like the 60 it can get very, very congested during rush hour so keep that in mind.

Style and Appearance

It really depends what you are looking for.  If you sort of like that more matured look and you want something built in the 70s and 80s Brandon could be a really good fit. If you are looking for something newer and you want to be in a newer community there are sections of Brandon that are newer and some of them are gated but you might be looking in areas like Riverview which is just south of Brandon that is a little bit newer and then you have some other areas surrounding Brandon also.  Overall it is a good area.  I would definitely go on my website tampa2enjoy.com where you could look up school information and crime information.  I do a lot of these videos in different cities.  Just go on to my YouTube channel and go to the search where I think it looks like a little magnifying glass and you can type in the different cities or if you want to get information of Florida property taxes, what are CDDD fees and if you are in an older community you really don’t need to worry about CDDD fees but if you are in probably the mid-90s to 2000s I would definitely watch that video.  There are videos on bank-owned homes, short sales/foreclosures, a lot of different information to help you out.  Go in there and check it out.  If you have any questions on Brandon or the area don’t hesitate to give me a call (813)-317-4009.  I wish you the best of luck.

Tips For Home Buyers

Hi my name is Lance Mohr and I’m a real estate agent in Tampa Bay Florida and I wanted to do this video for homebuyers not just first-time homebuyers but even people who have bought two, three, or four homes because I know a lot of times I go out to someone’s home when we are selling it and I start asking them and talk to them about what happened when they bought the home and they just have a lot of horror stories and I mean I’ve heard everything from people getting swindled out of homes to just a lot of really, really bad issues with title and losing earnest money so there are a few things I want to give you some tips that you need to do.

Get Educated

You cannot make an educated decision unless you are educated. And a lot of times what happens is people are very complacent when they are looking for a home. They start going through Trulia and Zillow, they fill out information, and pretty much whoever they talk to they think well I’m just going to work with this agent. I just want to look at homes and they can show homes. Well that is like going to a doctor and saying I can go to any doctor and use them because they just prescribe medication. It is ridiculous. It is the same thing with an attorney or anybody or any professional.

You really need to get educated so when you are looking for home contact realtors and reach out and interview them. Talk to them a little bit, read their bio on their website, find out a little bit about them, ask them questions about how long they have been in the business, do the work more with buyers, do they work more with sellers, and start doing some research just not on real estate agents, look up home buyer webinars to look at especially if you are first-time homebuyer and look at stuff on the Internet if you want to know about how property taxes work read about that.

If you want to know about crime reports or school reports start reading information. The World Wide Web is great but be careful because there is a lot of bad information. There are a lot of bad people out there, real estate agents, lenders, people in general. So really educate yourself because at the end of the day if something happened it is no one else’s fault but your own.

Get educated in what is going on in the market out there. Is it a buyers’ market? Is it a sellers’ market? What is the trend? Is it trending more towards a buyers’ market? Is it trending more towards a sellers’ market? A lot of people really got caught and were surprised when the market shifted because they didn’t understand it but there are signs and there are statistics so get that.

Check for Credentials and Experience

I hate to give you hard love and say that but a lot of times I will go out and I will talk to a buyer and they got swindled out of money or something happened and they just had a really horrible experience and I start talking to them and I’m like why did you work with this real estate agent and they just say,” Oh well they called me back” or “they happened to show me the home” or “they were friend of a friend at work” and the agent did not have any credentials or any experience and has not been in the business.

The same thing goes with the lender, if you’re looking at getting a loan, if you need a loan talk to your real estate agent they should be able to give you at least one, two, three people to talk to lender wise and talk to the lender. Go in and sit down and talk to them about what are the options. I know everyone is into instant gratification market right now that is just our society; everybody wants instant gratification. You want what you want and you want it now and I understand that. I get it. I am the same way but the problem is you are going to get hurt.

What you really need to do is talk to the lender and see what options are available to you and have them don’t just tell you what you are going to do but say what are all my options. Then have them discuss it with you, ask their opinion on what they think and why and do the same thing with the real estate agent. Go into the real estate agent’s office and sit down with them. Go over everything. See how professional they are. Look anybody could show you homes and in all honesty you don’t need a real estate agent to do that. I know this… a lot of this is stuff you are probably just sitting there thinking, “Oh, Lance I already know this, this is ridiculous but you know what, people know it but they don’t do it. I’ve got to tell you I can probably count everybody on my hands and feet my entire career that have actually gone through the proper steps and have actually gotten educated so don’t go with the instant gratification.

Conclusion

This is going to be the biggest financial decision, this is going to be most people’s biggest financial decision so again, if you want to make an educated decision, you have to get educated. If you have any questions about the Tampa marketplace and speaking of which let me just add one more thing. If you have any questions at all about the Tampa Bay area, the Tampa market do not hesitate to give me a call at 813-317-4009. You can get on my website tampa2enjoy and check out all the educational information and free webinars for home buyers and sellers and they are they only take about a half hour. See my Facebook and all my videos on my Youtube channel for more information. Alright, best of luck to you. Good bye.

Tampa Waterfront Properties- Tips for buying/owning a boat

Hi my name is Lance Mohr and I am a real estate agent in Tampa and here is another video on buying waterfront homes in Tampa and to give you a tip on what you need to do. It really does not make any difference if you are looking for Tampa waterfront properties whether it is a home or whether it is a lot do your due diligence, don’t just rely on the real estate agent.

Getting reliable info

Let me give you an example. Let’s say you want to be on the water, whether it is on the golf or intercostal and you have a boat and maybe it is a 30-foot boat or even a 30-foot sail boat and you need a certain depth of water. Don’t just ask the listing agent to ask the seller what the depth is, call around and as always, I don’t mind calling for buyers. The problem is if I get wrong information, that wrong information is going to be passed along and I don’t really like the liability.

There are a couple of things that you could do as a potential home buyer if you are looking at buying waterfront properties. You are going to do a couple of things, one is call different marinas. Tell them where you are looking at buying and what the address is and they can help you out and tell you most of them know especially if they are a marina that is local they are going to know and if there are a couple of marinas call a couple of them and get some ideas. The best thing to do though is when you are in the neighborhood drive up and down the street and find someone who has a boat maybe similar to the size you are buying and get out and knock on their door.

The thing about people and I know people pretty well being in this business, people love to talk about themselves, they love to talk about their kids, and they love to talk about their home. If you have questions they are going to be more than willing to help you out. They probably may or may not have had those questions if they were looking at the waterfront property so check it out and do your due diligence because you don’t want to buy a home and then find out that the depth of the water to be is going to be wrong.

Get a hold of me

If you have any questions or concerns about any homes in Tampa, any waterfront properties, or anything don’t hesitate to give me a call now at 813-317-4009, I would love to answer your questions and help you out. More valuable information is free to the public on my website at Tampa2Enjoy, Please check out my Facebook and all my other videos on my Youtube channel or on my website video page. I wish you the best of luck. Take care.

Tampa Waterfront Homes-Insurance

Hello, my name is Lance Mohr and I am a real estate agent in Tampa and I want to talk to you today if you are looking at viewing waterfront homes in Tampa. If you are, most people out there when I talk to them about waterfront whether it is lakefront, oceanfront, intra-Bay, etc. or river they have a lot of questions about insurance which is completely understandable

Hazard Insurances

Let me give you a couple of tips on the two different types of insurance you are going to be getting. One of them is hazard insurance and the other is the flood insurance. So first let us talk about the hazard insurance. Florida like every other state out there were controlled by the insurance commissioner and everything is controlled but a lot of times you will get quotes and you can see one quoted whatever it is and then another one with the exact same property and it is quoted at 25 or 30% higher and what tends to happen is what they do here is probably like what they do everywhere but if a company does not want to write a policy a lot of times they will say we are not writing policies right now or they will just give you a really high quote and what they do is they take the replacement costs and the jacket through the roof. Learn more on buying insurance.

Multiple Resources

So you have a home and let us say you’re buying a home on the water and let us say that home is $500,000 and of course the lot is the vast majority of it but the replacement cost is $500,000. Well that is absurd so you want to definitely when you look in an insurance let your fingers do the walking and called several places. I am one of those people, I am a really loyal type of person but when it comes to insurance companies I do not need to tell you how they operate. It is not the agent’s fault who works for them it is the company so definitely shop around.

I always tell people call three or four of them and see what they have to say and it is better to call more in the beginning of the middle of the month because a lot of times the insurance company if they have met their quota for the month maybe they made their quota on the 22nd you call them up and they will be like, well we are not insuring in Florida right now but if you call them on the second of the month the next month and they are saying, “ Oh we have not met our quota for this month of course we are writing coverage.” Anyhow, just make sure you do that and call around and definitely get quotes and really pay attention to what everything is in the policy about the replacement costs.

Flood Insurance

The second thing is the flood insurance. I know that is a big, big, big issue at least right now at the point of this video because all of the stuff that is going around there so when it comes to flood insurance do not rely on your real estate agent, do not rely on your mortgage loan officer if you are getting a mortgage. The reason is because we don’t have the flood maps; the realtors don’t have the flood maps, the lenders and loan officer levels do not have them. Now of course with the mortgage company the underwriters all have the flood maps but give an insurance agent a call. So what I would do, let’s say I am looking at buying a property and I would say not looking at the Gulf because it is too expensive so I want to buy something intercostal so I’m looking at intercostal.

Take a couple of properties maybe two or three depending on the area I am looking and just call an insurance agent you do not have to call all of them to get an exact quote right now. I will call the insurance agent and say hey here are a couple of addresses, can you give me a quote on some flood insurance? They are going to call you back and they are going to say yes this property depending on where it is in zone one, two, three, four or five and they will give you a quote and they will say well this one is a little bit more because of this and it is flood insurance so definitely check it out and call the right person.

I know a lot of times people ask me they will say what is the flood insurance and how much would I be paying for the flood insurance? I know a lot of realtors and they want to seem like they know everything so they will just answer the question not knowing what the heck they’re talking about but make sure you talk to the right person. Take some time and look over this flood insurance rate blog.

Contact Me

I hope this helps. If you have any questions about waterfront homes, homes in general, or anything about real estate in Tampa give me a call at 813-317-4009, I would love to talk to you and help you. I would love to work with you. So I am doing a bunch of these videos series so you can certainly look on my channel or just type in the search on YouTube and look for my videos. Check out my Facebook or go to my website Tampa2Enjoy for more videos and all the free information you want. Have a great day thank you, best of luck to you.

Tampa Luxury Homes: Tips For Buyers

Hi, my name is Lance Mohr and I’m a Tampa luxury homes real estate agent and I wanted to do this video to give you some tips if you are thinking about buying a luxury home in Tampa or really anywhere for that matter and it more has to do with the new homes not necessarily the pre-owned but of course whether you’re buying a luxury home that is new or pre-owned make sure you do your due diligence when it comes to hiring a real estate agent, just don’t take any real estate agent. Get their website, read their bio, because there are a lot of things to know about real estate in general but certainly luxury homes. So a lot of times people come to me and they say,” Hey, Lance I’m looking at getting a luxury home and I want to build.” So maybe they need to find a lot first and we start looking at the lots. Now obviously you need to find out looking at lots are the utilities hooked up and if they are not hooked up you need to budget for that. I’m not going to get into the lots too much. I’m going to give you the necessary tips for buyers.

Finding a builder

If you are looking at building a luxury home, a lot of times the easiest thing to do and by far the least expensive thing to do is find a reputable builder, which is not always easy to do that is why you need a good real estate agent to help you but find a reputable builder and someone who has been building for a number of years, not someone who just bills one or two homes a year and they have been building for the past six years but someone who has been in the business for a long time and sit down with them and meet them and talk to them and tell them about what type of home you want because they are probably going to have a floor plan that they have built in the past that might be very similar to what you want.

Instead of going to an architect and paying who knows it could be $25,000, $50,000, or even $100,000 depending on the home you buy for the architectural plan. You can just have changes made to the builders plan. Now the other thing to do if you’re not really sure about the builder; don’t be intimidated and I know most people at the luxury price level don’t really get intimidated by much but make sure you do your due diligence in finances and you might want to ask them for references of people who have purchased from them and get the references and go talk to the people; knock on the door, call them on the telephone. These tips for buyers are a must when building Tampa luxury homes.

Ask about the past

I always liked doing face-to-face and find out how the experience was seeing what areas they built before so you can just knock on the door cold and say hey did this builder build your home etc. Also get a list of some of their vendors and make sure, I know this sounds weird, but they should not mind and say hey are they paying you on time because of they are not paying their vendors on time and they are buying concrete or wood or fixtures or whatever and they are not paying their vendors you have to really wonder what is going to happen with your money if they close the doors. There are a lot of builders in that situation it is not like they are going to tell you they are virtually bankrupt and they’re going to close their doors and they’re going to keep your money so you really need to do your due diligence and find a custom builder that is going to be around today, tomorrow, and five years from now.

I know a lot of people really don’t think about these kind of things or some people feel really weird about grilling the builders but you have to because you don’t want to be in a construction loan and I’ve had this happen to people not that I’ve worked with, but I’ve seen it where they were in the process of building a home, a $2 million home and all of a sudden the builder went belly up so now they have this half built home with a bunch of money they gave to the builder and the builder declared bankruptcy and they are basically out of luck so do your due diligence whether you are looking at buying a luxury home in Tampa or anywhere for that matter.

Conclusion

I hope this helps you, I have a lot of these different videos on my website video page and on my Youtube channel. I have one’s on waterfront, luxury homes, different communities in Tampa, different cities in Tampa, and more, so please keep tuned to my channel so you can keep up to date in the real estate industry. Give me a call on my call phone at 813-317-4009 if you have any questions at all. I would love to answer them and I would love to help you. Please check out my Facebook and my website Tampa2Enjoy. Have a great day and I wish you the best of luck.

Watch Real Estate Agent Videos to Make an Informed Decision

It is often difficult to make the right choice in buying a property. The complexities of buying a home can be overwhelming. Hiring a buyer’s agent will help you greatly in making a sound decision. He/she will raise any issues you should consider before signing the check. Before you approach an agent, it is advisable to look at as many real estate agent videos you possibly can.

Agent Videos as the Interview Process

An agent acts as your representative when you are searching for your new home, and may even be present during the purchase process. They will help you locate a home that meets your requirements, liaise with the building contractors, provide you a thorough analysis of similar properties in the area and also inform you of trends in property value.

If the real estate agent you’re interested in having represent you has videos about properties or even their agency’s approach, watch them. This is the perfect time to interview them, or even pre-interview them. Real estate agent videos offer detailed information, not only about the trade craft associated with real estate, but also about the agents themselves.

Pitfalls to Avoid When Buying a Home

While it may be taken for granted that the agent you hire will naturally have your best interests at heart, this is unfortunately not the case in many instances. Few agents may represent the property seller too and this leads to a conflict of interest. Non-exclusive buyer’s agents could try to sell you properties for which they also double as the seller’s agent. It is also important to be aware of brokers who represent other buyers angling for same property. This is why it is recommended that you hire an agent who will represent you exclusively. As stated earlier, watch those real estate agent videos to find out more about the brokerage policy of a particular agency.

The experience of the agent is also a prime factor that will affect your decision to hire the services of a particular agency. An ideal buyer’s agent should have closed a number of home purchases. He/she should also have a superlative knowledge of the locality you are interested in and must have a background in negotiation of home contracts. It would also be helpful if the agent has an excellent knowledge of financing, as this will come in handy when you want to apply for a mortgage.

Buyer Agency Agreement

A few states compel you to sign buyer agency agreement with your agent for a secure representation. This puts you at an advantage as it ensures that your agent conducts the negotiations professionally and in accordance with the provisions of the law. The agreement must include a number of details, like whether the agent is exclusive to you and the location and description of the home you intend to buy.

We’ve produced several real estate videos that are straight to the point to help you make the right decision on your home purchase. Contact Tampa2Enjoy Real Estate to have the very best represent you on your home search.

Rent Out Homes At No Cost To You

Hi my name is Lance Mohr and I’m a real estate agent in Tampa. I have been an investor for years, geese, I cannot even remember since the 90s when I had a home in California and I ended up moving. So I am doing this video right here; actually was going to do a webinar and I decided not… I was going to do an e-book and sell it but I just don’t want to spend the time doing that so I’m just going to sort of do a freebie to help people. If you want to rent out your home I’m going to show you how to wrench it out without using a real estate agent. Let me just say this, I know a lot of realtors and property managers would be ticked off if they heard me say this but it is really true. The MLS was never designed for the rental market. It never was designed for the rental market. It was always designed for home sales; now there are certain areas that you know you can use realtors and they provide a good benefit. Not in Tampa. The real estate agents in Tampa in the rental market that I have seen, the vast majority of them I’m talking 92 to 95% of them are absolutely useless. So I’m going to go over this video and you are going to see why so many of them are so useless and what they are doing that you have no idea what is going on and I have rented properties out.

Lance Mohr

Just a little about me. I own properties in California, I’ve owned properties in Texas, I’ve been in North Florida, I own some here in Tampa, and I pretty much can rent them out myself without using a realtor within a matter of a week in a fair market value and I don’t need to use the multiple listing service. As a matter of fact, I could use it for free and I never do. They are just easier ways because the multiple listing service was not really intended for rentals. It was intended for home sales and a lot of agents do and did and are currently doing rentals. There is nothing more to help the client out so enjoy this. I think it is going to save you a lot of time, headache; it doesn’t make any difference where you are and I will just say take all of this grain of salt. Okay here we go.

Cons for multiple listing sites

Alright this is Lance and I’m going to try to keep this short right here. I’m in the multiple listing service and telling you the reason why I as a real estate agent but I have my own rental properties I do not use the multiple listing service. I personally think it is a waste and it is a waste and I will show you why. Here I’m doing the search on active homes. These are rentals. This is my rental so these are rentals. In new Tampa 14 to 1800 ft.² let’s just go over the details.

So we will go over the details and here is the problem, the agents just are not paying real estate agents enough money to make the squeeze work the juice. In other words, the agents are getting in their car and the MLS and the sales; you pay the co-broker 50% and we used to did not have to disclose that to the consumers but then you just had a lot of what you call really unethical and dishonest realtors so now it is disclosed when you are signing a listing agreement to sell. But look what is happening here. So the agent is paying $1400, okay they should be co-brokering $700. They are co-brokering less than half of that, $300. We will pick another one. $1495 co-brokering $200. This one right here $1675 co-brokering $200. This one right here $1795 co-brokering $300.

Okay, an agent is going to get someone in the car but hopefully they are going to rent. They’re going to get someone in the car and they are going to drive around all day or maybe a couple of days and they are going to get paid $300 and then going to work for a company that’s just say like Coldwell Banker Prudential, nothing wrong with those companies, but if they are doing rental properties let’s face it they are not a producer. So they’re probably on a 50-50 split plus a 6% royalty so the company is taking 56% and the agent is left with 44%. Then the agent has to pay taxes on the money and then they have to pay for any expenses gas and anything else. You can see they are not paying 50-50 percent so I just find that most of them, most of these rental properties just sit on here forever. Now this has to do with rent and not property management, don’t get me wrong and there are a lot of good agents. It is important if you’re going to use a real estate agent make sure you have it in writing what their co-brokering to the other agent.

So here’s what I do. I do not use MLS. The first thing I do is go to a company called Postflix, now I think they just got bought out by Zillow which is sort of a bummer because like any corporation they will destroy the company and Postflix has gone down a little bit since they have gotten taken over. So it is either Zillow or Trulia. So let’s go to Postflix.com and you will need to set up an account so you can see. I will just go into my account example from a couple of my rental properties.

Using Postflix

So I’m logged in so let me just…here’s some of my rentals, you can see it has been a long time since I have done anything on it. So if I went into edit….now these are all expired. They are not activated so I don’t want to activate them but as you can see right here you can do the location, contact, basic details. You can add I think up to 12 photos or something. You can do a description. You can review what the post is going to look like and they look really nice. You can go over the promote post list so it is really nice. When you put out a postflix check it out. It automatically goes to Zillow, Frontdoor, Backpage, Oodle, Hotpads, MLS, Trulia, Yahoo.

Look at all of this Free marketing, it goes to other ones. It syndicates it. So these are the syndication partners. They will also give you a URL so if you want to take this URL and put it in Craigslist. Of course we will get into Craigslist in a little bit. You can promote it on your Facebook and Twitter so it gives a lot of really good ways so I use this. It is great and the post listings look really nice. The other thing I do is I do Craigslist. You go in and you can see you will….again I just need to go into my account or create an account if you are not. Pick the area in Tampa, so you pick the area and then when you are marketing you either say you are buy owner or broker.

Craigslist

Now I will give you a couple of tips of Craigslist when you are doing it. First off put a picture in it. Put a nice description in the property that stands out. Either asterisks, asterisks, asterisks, in all capitals or something that so it stands out. Put a picture in it, at least one picture. You don’t need to do a ton of pictures. Personally I just put the URL but in Craigslist they don’t really have the HTML coding if you know what that is. If you don’t, do not worry about it.

If you want to go to a website in Craigslist now, you cannot just click it you have to copy and paste it and put it into the URL. This right here this is in Craigslist. You cannot just click on it. You have to copy it and go up here and copy and paste. So it is sort of a bummer. But here is a trick about Craigslist that a lot of people don’t know about Craigslist. If you are going to do Craigslist you need to do it methodically and here is what I mean.

Craigslist does not allow duplicate content and they are going to flag you. It is called ghosting. You are going to get ghosted and you are not going to know it because you are going to think your ads are up and what I mean is this. You go in Monday morning and you do an ad, you put it in Craigslist. You get up Tuesday morning and you take that same ad and you put it in Craigslist again. You get up Wednesday morning and you take that same ad and you put it in Craigslist again. Well you are not going to get credit for number two or three because they are duplicate content and they are going to ghost you. So in other words, you think you are live, they are going to send you a link that you are live but you are not going to be able to find that ad anywhere.

So what you need to do like when I do Craigslist what I will do is I will do a rotation. I will usually do morning and evening. Sometimes I may do three times per day. For example, Monday morning I try to get it in early before people go to work so it is in the early edition. So let’s say I do 7:00 in the morning. I post an ad in Craigslist at 7:00. I make a different ad and at 7:00 or 6:00 at night I post another one. When I post that ad I remove the first ad. Then I get up the next morning and I put my third ad in and when I put my third ad in on Tuesday morning at 7:00 I remove my second ad that I put in last night and then I keep jumping back and forth because Craigslist and this is more of a guideline than the rule I have found, you are not supposed to have duplicate content but they usually do a hold for 24 hours.

In other words they don’t want…..you can’t remove it and then a couple of hours later stick it in again, they will ghost you. They are pretty smart. You always have to figure out and I have learned Craigslist is smarter than I am. Google is smarter than I am so you just have to keep that in mind.

Clientele

Now Craigslist can generate you a lot of clientele, information, and leads; people wanting to see your home but in my opinion they are not always the best. Postflicks won’t get you near as many. Craigslist will probably get you quite a few but they are not always the best but don’t say no we don’t want to do that and the one I tend to use that I like the best of them all is Rentals.com.

Now this will cost you money. It can cost 50.00-100.00 or 110.00 but it works and the people you get on Rentals.com are higher quality. So in other words you are not going to get as many as Craigslist but you are going to get a better clientele than Craigslist but don’t discard Craigslist because it is hugely popular. Also be careful about scams going out there. I’ve had people doing scams on some of my _____. Now you have everything squared away and you are ready to go.

What’s Next?

Okay now what do you do? Alright it depends on two things. Is the property vacant? If the property is vacant what I would do… I’m going to tell you what I did, you can do whatever you want, but what I will do is if the property is vacant I am not going to run over there every time someone wants to see it. For Pete’s sake these are people who are looking to rent. A couple of tips on renting, if you are going to rent out the property make sure the property looks really, really nice. If you need to clean the carpet, if you need to pull all the weeds and put in fresh mulch and put in sod do it because renters are sick and tired of these scum lords that just rent a bunch of junk out and it does not take that much money.

Anytime a tenant moves out of one of my properties I always rekey it because you have to do it by a court of law. I always clean the carpets. I always get a professional carpet cleaner in there. I always get a professional maid service in there. If I need to touch up the paint or do whatever I do but it really does not cost that much. So do that. If you rented it out I would just say hey look I am doing an open house and I am going to be showing it on Saturday from 2:00 to 4:00 so if you can make it please show up and I have a bunch of applications with me. I have some people that say no I cannot make Saturday at 2:00 to 4:00 and I will say okay if I don’t get it rented out then I will let you know when you can see it.

A lot of times if they are looking for a place to live they will figure out a way. They will take off work or work it into their schedule. I really don’t go out of my way too much because I price my home competitively when I rent it. I don’t try to get every nickel. Think of it this way. If I am renting something for $1500 and I want to get every nickel and it takes 2 months to rent it, I just lost $3000 so wouldn’t it behoove me to maybe rent it for $1400 or even $1395 and have it rented out within a matter of a couple of days or weeks? That’s my opinion. So anyhow I will go ahead and do that.

Tenants

Now here is a beauty. I love it when tenants are on the property. Tenants are the best because they will do all the work for you if you know how to schedule with them. So what I do I call up the tenant and I say hey we have a couple of choices that we can do. I need to lease my place out so I am going to give you the option. I can go ahead and hire a real estate agent if you want but they are going to be trucking through your home day or night whenever there is a buyer we are going to put an electronic lockbox on the door and they may come in at 9:00 in the morning or they may come in at 6:00 to 7:00 at night when you are eating dinner.

I don’t want to disrupt you and your family so the other option I have is if you want, I will do the marketing and the advertising. Any time someone calls me up to look at the home I will ask them to drive by the home to make sure they like the home and they like the neighborhood. Then I tell them to call me back. When they call me back if they want to see the home they I will give them your name and number and you can schedule a time that is convenient for you and your family to show them the property. How does that sound? They love it. I’ve never had a tenant not do that. Not only that but they are thrilled that you are so considerate with them and they are going to do all the showings with you.

Now the reason why you want to have them drive past the home and the neighborhood is number one because the first thing that comes out every tenant’s mouth when they talk to you about rental. Hi I am calling about the property for rent. When can I see it? They don’t even know the area. I’ve even had people say, for example our property in Panther Trace in Riverview, they will say, “Oh I know where Panther Trace is.” I’m like, okay but I am going to give you the address. I still need you to run dry past the property and make sure you like the property and make sure you like the area and then give me a call back because I don’t want to disrupt my tenant every time someone wants to look at the property. Does that sound fair? What are they going to say? So they say yes.

If they never call me back, they were never a bona fide renter as it is. Quite frankly probably only 33% of them even call back which is great for me. If they are not interested I don’t want to be bugged nor do I want to bug the tenant. If they want to rent it, they will drive by. It is as simple as that. I think every blue moon you get someone who says they drove by and they didn’t but most people do. So I think most people are pretty honest about that and they will drive by and the tenant will obviously filter them. I send the tenant the applications and I will email them an application and I say can you print out about eight of these and if they want an application just give the application to them. By the way the application you can actually put the application if you do rentals on Rentals.com. There is a little place where you can upload a PDF.

So great, that is all you need to do and I never placed my homes in the MLS. I always have the tenants do that and then I just always give them a choice and they always say hey I would love for you to do that, I don’t want to be bugged. Sometimes if they are getting a lot of showings I will tell them hey look why don’t you just tell them you are going to show it on Monday, Wednesday, Friday or on the weekends so you are not getting bombarded every night but generally if it is conditioned nice, if it is priced right, if you have good pictures, and you do what you are supposed to be doing marketing right it will rent out very quickly. I never have a problem. I usually have a line to rent out my rentals because they are in good condition. I do what I need to do. It looks good. They rent out quick and my tenants are very happy with me.

Finding a “good” tenant

I’ll give you a final tip. One of the things….I always figure out where the market rent is. If the fair market rent is $1500, I will price it at or in some cases a little lower than that and then when I am talking to the tenant I will be blunt. I will say now you know this is a little under rental value. The reason why I did and if they argue with me I will just say okay I know it is and you know it is. You rented it out and I will tell them the reason why I have it a little under value on the rent is because I want a good tenant and I don’t want someone busting my chops on everything. I don’t want you calling me all of the time. If you have a legitimate problem or complaint then by all means give me a call but if there are little things I expect you to take care of them. I expect you to mow the lawn, take care of the grass, expect the rent to be there on time etc. Most of them understand that. I mean you have to set the guidelines up front.

Conclusion

Hopefully this helps. If you have any questions do not hesitate to give me a call at 813-317-4009 or visit my website at Tampa2Enjoy.com. If you are looking at buying or you know anybody that is looking at buying definitely pass on my information. Like my Facebook page which is on my website. Check it out and if you know anybody renting just forward this video. Again I was going to charge people for all of this because this is really some of the most valuable information I have ever given away for free but I really just don’t have time to be doing ebooks or dealing with all of that stuff so I don’t know maybe I will in the future. Anyhow as of right now you have this free so I wish you the best of luck with it. Check out all my other informative videos on my website’s video page or on my Youtube channel. Good luck and take care.

5 Tips When Buying Tampa Florida Real Estate

The Tampa Florida real estate market witnesses a lot of action from not only people buying their first home, but also from families buying their second home or even vacation homes. The city’s pleasant climate, excellent public transportation system, and very own international airport – the Tampa International Airport – which is ranked among one of US’s best, are just some reasons why it has become a property investment hotbed.

If you are interested in buying property in the city, here are some points to keep in mind.

  1. Ease of buying property

Buying Tampa Florida real estate is straightforward. Every property on the market is listed as an entry in a central database which can be accessed by all licensed realtors. Visit to a real estate agent is not compulsory. Agents work as either buyers’ agents or sellers’ agents. It is advisable to consult any buyers’ agent with sufficient years of industry experience and local expertise.

  1. Finer expenses

After paying the legal, notary, mortgage fees, title insurance premiums and transfer taxes for properties in Tampa area, allow for an extra 5% of purchase price.

  1. Understand the Tampa Florida real estate Mortgage Credit Certificate Program

The Mortgage Credit Certificate (MCC) program offers first-time buyers the advantage of a particular credit given on federal income tax. The program permits buyers credit to qualify for tax advantage they will receive after purchasing the home.

The quantity of credit follows a local formula that Tampa must follow. The MCC credit, that can be $2,000 or more, lessens the federal tax liability of the borrower by a quantity tied to the amount paid as yearly mortgage interest. Both the purchase price and the income of the borrower should meet certain criteria.

  1. Second homes and deductible taxes

As per Tampa Florida real estate regulations, property taxes and interest on second homes could be deductible if the buyer itemizes. It is advisable to hire a tax accountant or tax adviser for more details.

The costs of home buying can also be deducted for that financial year. Taxes on property and interest can be deducted every year. While the other expenses related to buying a home are not deductible at the first instance, they can be incorporated into the adjusted cost basis of the home when the buyer wants to sell. The fees will include loan application fees, appraisal fee, title insurance, attorney’s fee, settlement or closing fees, recording fees and document preparation fee.

  1. Understand home mortgage deduction

When buying Tampa Florida real estate, the mortgage interest deduction allows the buyer to completely deduct interest on the home loan for the year when he/she has paid it. To do this, the buyer must itemize, which signifies that the total deductions should not exceed the standard deduction of the IRS.

 

Remember that the interest amount on the loan decreases each year the buyer stays current on the mortgage. This is why paying a little extra on the principal amount every year will assist the buyer to pay the loan earlier.

Tampa Waterfront Homes for Sale – Tips

Read the video transcript below.

Hi, my name is Lance Mohr and I’m a real estate agent in Tampa and I wanted to do a video today because I had a gentleman call me, actually someone I knew in Tampa.  He had one of his friends that was looking for a waterfront home in Tampa Bay.  It was more of an acquaintance and the gentleman was looking at Tampa waterfront homes for sale and they decided to buy a lot so they contacted a real estate agent and they didn’t know at the time this real estate agent really didn’t have a clue in what they were doing so let me just tell you about his experience and it was really almost catastrophic for this gentleman and his wife.  They almost bought a $600,000 lot that was on the wrong location.

So what happened is he was talking to the agent, they were looking for Tampa waterfront homes for sale and then they went to the lot and they decided to build something so the agent starts sending them information.  They found one that was advertised on the Gulf of Mexico.  It was a gorgeous lot on the Gulf so they went under contract on it, they paid $600,000 and they put $50,000 earnest money down.  Well what happened is they get a little before closing to find out that this lot was not on the Gulf, it was across the street on the intercostal- big difference.  On the Gulf it was probably worth $600,000 but on the intercostal when you have neighbors 50 yards across from you it was not worth anything near $600,000 so I talked to them to figure out what happened and I asked them, I said well the listing agent advertised it on the Gulf.  I said well didn’t you see a survey? And he said no, they kept on giving us excuses.  They were paying cash for the property.  The listing agent kept on giving his selling agent, his realtor excuses about the survey and I said, “Okay but when you came to town didn’t you meet your agent and meet the listing agent at the property and look at the property and see where all the stakes were for the survey?” He said no and I said okay well didn’t your real estate agent at least call the title company and ask them for a plot map or did you see the plot map of the property and he said no.  He didn’t know what to do.  He was new to all of this and I completely understand that.

It’s hard to ask a question or know what to do when you don’t know what to ask or what to do.  He relied on his real estate agent and his real estate agent didn’t really have a clue on what the heck they were doing.  On the other side the listing agent just seemed completely unethical as well as the seller so I basically told him how he could get out of it which was pretty easy and there are outs in contracts, there always is but he ended up getting out of it.  He lost $50,000 but I told him first off the seller needs to provide.  It is up to the seller and I’ve done waterfront listings before on the lots and I tell the sellers, look if you want me to list it, you are going to have to get a survey.  I have even had sellers that have come to me and said if I have the listing I have the survey but I went out there and there were no stakes anywhere.  You are going to have to pay a surveyor $100.00 to go stake the property because I need to meet the potential buyer and the realtor out there and we need to walk it or at least they need to walk it and they need to know what they are actually buying.  So you have to get a real estate agent that one knows what the heck they are doing and keep in mind you as the home buyer, you as the consumer if you are buying waterfront homes in Tampa or anywhere for that matter in Florida or anywhere else you have to do your due diligence.  Do not just figure all real estate agents are the same because this gentleman literally was weeks away or not even that far away from buying a $600,000 lot that was not facing the Gulf.  Unbelievable!  So anyhow, do your due diligence.  If you have any questions on anything, don’t hesitate to give me a call.  I’m doing a bunch of these video series right here so you can always look at my other videos or type in the search box as far as finding different videos and stuff.  If you have any questions don’t hesitate to give me a call.  I would love to help you out and I would love to answer any of your questions for you.  Take care and I wish you the best of luck.

If you are searching for Tampa waterfront homes for sale or luxury waterfront homes in Tampa please visit our Tampa2Enjoy Real Estate website.