Re: Maintenance on Mobile Homes - Landlord Forum thread 326054

Re: Maintenance on Mobile Homes by Anonymous on October 21, 2014 @11:39

John, you will not find all your answers here. What you need to do is join your local Apartment/Rental association and attend their classes to learn all the basics. Just running spreadsheets will get you nowhere. Bad information in equals bad information out. You have no idea of what is needed to be a landlord nor any ideas of the laws and requlations that apply. The best advice is to find yourself a mentor who can teach you and walk you through the steps needed to be a landlord.

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Re: Maintenance on Mobile Homes by John Farmer (Florida) on October 21, 2014 @11:48	[ Reply ]

How do you know what I know? I don't know the laws that apply? Are you sure about that? Yes, Garbage in, garbage out. That is the point of this thread is to try to make sure I am putting good stuff in the equation. According to Sec. 83 of the Florida Statutes, you have to keep the security deposit in a separate account and either it has to be non-interest bearing, or if it is interest-bearing, you have to give them 75% of the interest, or a 5% return, at your discretion. But I wouldn't know that, would I?

Re: Maintenance on Mobile Homes by Anonymous on October 21, 2014 @11:57	[ Reply ]

Do you know your county or city ordinances that apply to you and your rental? Do you know the Discrimation laws that apply on Federal, State, County and City levels? Do you know how to handle damage to your mobil home from major storm damage as it pertaians to the lease. Do you know what the requirements for a handyman license is in Florida? The list goes on and on... You have no idea right now what to do to be a landlord...based on your questions...and like not knowing what insurance requirements are needed. You will not learn it all here! You are nowhere ready to be a landlord!

Re: Maintenance on Mobile Homes by Anonymous on October 21, 2014 @12:03	[ Reply ]

I agree, John has no idea what it takes. Just look at the fact that he believes insurance as something not needed. Just a wana be landlord who spends too much time reading books that don't apply to real life landlord situations.

Re: Maintenance on Mobile Homes

Re: Maintenance on Mobile Homes by Shaun (Fl) on October 21, 2014 @14:03	[ Reply ]

According to Sec. 83 of the Florida Statutes, you have to keep the security deposit in a separate account and either it has to be non-interest bearing, or if it is interest-bearing, you have to give them 75% of the interest, or a 5% return, at your discretion. But I wouldn't know that, would I? 1.Not if your lease states that no interest will be paid. 2. Business accounts (and many personal) do not pay interest until $$$$ is in the account. Your single security deposit will not amount to enough to generate interest. Right now interest is less than 1%... your are talking about writing a check for pennies....Hence why I have it in my lease no interest will be paid. The printed check would cost more than the interest.

Re: Maintenance on Mobile Homes by John Farmer (Florida) on October 21, 2014 @14:09	[ Reply ]

I was just using this as an example to show that I do know about the laws (a good portion of them anyway). I know it's basically a non-issue You cannot write anything in a lease that will override the statutes. I don't have to be an experienced landlord to know that. Unless it states that in the statutes.

Re: Maintenance on Mobile Homes