In addition to being a Property Manager-in-Charge, I am also a rental property owner, so I understand a property owner must balance decisions between cash flow, return on investment, maintaining long term value of an investment property and keeping tenants happy and in the property. Why should a rental property with a higher monthly rent than another property have a higher fee? The work is the same for both properties, but one property owner pays more. That is one of the downsides to the percentage based fee structure. As a property owner, I prefer a flat rate structure, so … (0 comments)
rental property management: Newly Remodeled 3 bedroom, 1 bathroom in Summerville
- 07/08/13 11:22 AM
This home is currently being remodeled and will be available mid-July. The home is 3 bedrooms and 1 bathroom. You could be the first resident to enjoy the new carpets, new kitchen appliances, new counter tops and so much more!!! To receive updates about the home, please sign-up using the form on the property listing at http://bluewaterpropertymanagement.net/113-daffodil-st/. To receive updates about the home, please sign-up using the form at http://bluewaterpropertymanagement.net/113-daffodil-st/. When we have more pictures and updated information, we will send it out via email to the email list. The rent will be $895 per month. This home is in the … (0 comments)
rental property management: The Pro’s of Renting to Section 8 Voucher Tenants
- 06/14/11 09:39 AM
So far, we have looked at: How to Have Your Rental Property Section 8 Approved Renting to Section 8 Voucher Tenants The Con’s of Renting to Section 8 Voucher Tenants There are several Pro’s of Renting to Section 8 Voucher Tenants. As I mentioned earlier in the article series, I avoided Section 8 housing when I first became a Real Estate Investor. I did not like that stigma associated with it. I have since learned the Section 8 Program is an excellent tool to fill a vacancy. I do not focus on Section 8 houses; however, the ability to rent to … (4 comments)
rental property management: Renting to Section 8 Voucher Tenants
- 06/01/11 08:51 AM
A common mistake landlords make is they wait until they and their property are approved by the local Section 8 authority before they advertise for Section 8 Voucher Tenants. As mentioned in the previous article, you should start to advertise your property to Section 8 Voucher Tenants the moment you decide to apply to the Section 8 program. Finding Section 8 Tenants Actually, you do not find them; they normally find you. Remember the phrase from the previous article? Insert "Will consider Section 8" to your advertisements, and you will receive calls. My phone constantly rings when I use that phrase … (18 comments)
rental property management: How to Have Your Rental Property Section 8 Approved
- 05/24/11 06:16 AM
The Housing Choice Voucher Program, or commonly known as Section 8, is a federal housing assistance program for individuals that meet the income requirements. The program is federally administered by the Department of Housing and Urban Development (HUD). On the local level, the Section 8 program is administered by a local agency. The type of agency varies by county. To learn the specific details of your local Section 8 program, you should contact your local office. Use the following link to find your local office - www.affordablehousingonline.com/section8housing.asp. Most local offices hold informational meetings, and those meetings are great information and educational … (2 comments)
rental property management: What I learned from re-renting my house - Part 2 of 2
- 02/07/10 10:34 AM
Part 1 covered items one through seven, and now Part 2 will cover the remaining seven. Switch the utilities to your name Re-evaluate the rental market in the neighborhood to set rental price Advertise property Place a sign in the yard Inspect the home and document with pictures Change the locks Kill the bugs Landscape Clean / fix the property Mail Settlement of Deposit Letter Keep rental paperwork the property Schedule appointments to show the property with potential renters Confirm appointments with potential renters Arrive early to appointments to clean and prepare Day 2 and Beyond Before you clean and/or fix … (5 comments)
rental property management: What I learned from re-renting my house - Part 1 of 2
- 02/06/10 12:09 PM
Actually, this is what I learned over several years of renting my properties. This list is from when a tenant moves out to scheduling appointments to show a property to potential renters. These tips are for every landlord. If you use a property manager, you should instruct them to follow this list. Switch the utilities to your name Re-evaluate the rental market in the neighborhood to set rental price Advertise property Place a sign in the yard Inspect the home and document with pictures Change the locks Kill the bugs Landscape Clean / fix the property Mail Settlement of Deposit Letter … (3 comments)
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Aaron Silverman
Improving Real Estate Experience through Education
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