Community landlord’s TikTok trade with tenant goes viral

Community landlord’s TikTok trade with tenant goes viral


MIAMI – Five million views and one angry tenant later, landlord Raul Bolufe is creating waves on the internet above his controversial films about elevating the rent.

“I just preferred to show there is a facet to us and we are not all of us these like greedy, ridiculous animals. We actually do place some tricky-earned money into these properties,” claimed Bolufe.

In the movies, the Miami-based mostly landlord is seen talking to tenants on the telephone, informing them that he will have to increase hire owing to soaring prices.

Bolufe tells us in 1 circumstance, the tenant was dwelling in a three-bed room, two-bathroom residence in the Liberty City location for $1,100 a thirty day period.

We checked what sites were heading for in that region, and on normal we observed $2,700 was the likely rate — a lot far more than what Bolufe was inquiring his tenant for — but a lot more than double what that tenant was spending.

But they arrived to a compromise.

“When points like inflation come about in the market place and taxes go up, and the price tag of you know, living goes up in standard, mortgage premiums goes up, insurance plan goes up — when those items go up and we have these properties, and we put revenue into these homes we have to pay our monthly mortgage loan and all these varieties of points, it ends up likely to the tenants, sad to say,” claimed Bolufe.

As inflation carries on to slam the housing sector, it appears to be like like selling prices will only keep on to increase listed here in Florida.

“There is no lease manage in Florida. There are no caps so they can increase the hire to no matter what they see suit and actually what we see controlling that is the marketplace,” explained Jodi Strang, principal attorney at Strang Adams P.A.

Strang adds that landlords can not abruptly increase the lease in the middle of a lease, but can bump up the selling price to whatever they desire once that lease is total.



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