Experienced real estate investors know that expert knowledge of local laws can be an integral tool to keeping their rental properties lucrative and above board. Miami real estate investment is no different. Landlords and property investors in the Miami area can benefit from hiring an attorney who specializes in real estate law. But what if you’re an international investor looking to start or grow a rental business in Miami? How important is expert legal advice to your success?
Protect Your Miami Real Estate Investment
An international property investor who purchases property here in the United States with the intent to lease it out to local residents needs an attorney because if they don’t have one, it’s like going into a boxing match blind. They don’t know the regulations of the states. They don’t know the laws that can affect them negatively. A local resident likely knows these things. Therefore, they need the assistance of legal counsel to guide them through the process of setting up a lease agreement, helping them with problematic clients, helping them with evictions, and helping them close up a lease, and any other landlord-tenant dealings that may arise. Their Miami real estate investment depends on this legal expert knowledge.
Lease Agreements and Problematic Clients
An international property investor who wishes to lease out their property to a local tenant needs a lease agreement. I help customize that lease agreement to the benefit of the investor who is now a landlord. So I help protect their rights in case anything were to happen during the landlord-tenant relationship. In addition, if there is a problematic tenant during the lease that’s in place, I correspond with the tenant directly.
Unfortunately, what I often see happening with these international investors is that they communicate with these tenants through What’s App, through text, through email, and they say the wrong things. They’re basically setting themselves up for failure if this tenant, who knows the laws in the U.S., decides to sue them. So what I do is I correspond with them on my letterhead, and I write what’s appropriate in accordance with the Florida laws so that I can protect the landlord, the owner, the investor. In the end, the Miami real estate investment is able to continue operating uninterrupted.
An Attorney Needs to Be Available
Beyond the services that I provide to my client, I make myself available to my clients’ need. If they want to conference with me, I can speak to them via WhatsApp and via Skype. I can review any issues that may arise. Basically, I’m their go-to person here in the U.S. for any legal matters that may arise.
If they ever need any services beyond my specialties, such as a divorce, a bankruptcy, or estate planning, I can refer them to my trusted legal network here in the U.S.
Are you an international investor looking to buy property in Miami? Call us today: 305-760-4425. Se Habla Español.