property leasing: Prospects * Applicants * Customers and Clients! Property Managers SHOULD Have All of THESE! - 07/27/11 06:17 AM
I am having MORE disappointing communications with people who seem to think they are ALL my customers and/or clients.....and they are NOT. PROSPECTS * have either called me or contacted me through my website inquiring about a specific rental property. They have previewed available properties on my website and have found a property or properties of interest. APPLICANTS * have submitted a COMPLETED inquiry form directly from my website, answered my PREscreening questions and are downloading or have submitted their completed rental applications to me. This means all adult applicants. They don't need to pay me any money, I just need … (9 comments)
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property leasing: Agents * If you are handling rentals, DO NOT STALL Rental Prospects While You Try to Complete a Sale! - 04/20/11 03:18 PM
This seems like a no-brainer; however, there are still real estate agents who think that handling a listing rental rather than an actual SALE means they can FUDGE the truth. Agents who are leasing unsold property listings or handling rental homes need to TELL THE TRUTH to rental applicants or they can get in TROUBLE with Fair Housing issues * FAST! Marketing a home for SALE and for LEASE at the same time is a MAJOR Headache which is why most professional property managers do not do it. It normally takes LONGER to finalize a PURCHASE contract rather than qualify a … (7 comments)
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property leasing: Rental Property Owners OUTSMART Themselves using OBSCURE/TARGETED Websites - 04/12/11 08:00 AM
Today * for the umteenth time in 3 months, I got a call from a local property owner who has not rented their home AND THEIR TENANT IS MOVING in 2 DAYS.
They put a rental listing for their home a few months ago on an OBSCURE website targeted for incoming local JAG families coming to the UVa Law School. This website used to be helpful; however, it is now stale and is run by volunteers so it is of little or no value and no one can find it.
Then they listed the home with the local government/military facility that … (8 comments)
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property leasing: Real Estate Agents selling Investment Properties Need to Ask Sellers for THIS Form! - 01/17/11 06:08 AM
If you are selling investment or multi-unit real estate * this is the IRS form that you want YOUR BUYER clients to review and that is provided by the Sellers! I have actually had to send a listing agent this form so that they knew what to ask their clients for!
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property leasing: Hollymead Home for LEASE * $1545 * Available Dec 1 * 6 or 18 Month Lease - 11/27/10 07:22 AM
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property leasing: Another Client who wants to STAY Mobile!!! - 11/14/10 08:10 AM
I had lunch on Friday with a GREAT client who left his large, newer area home to take a higher-paying job elsewhere 3 years ago. His family bought another home on his and his wife's very high income and now he has gotten another great job opportunity. He will commute back to his family while taking a temporary job with a start-up medical facility that can use his expertise in trauma surgery. I L♥VES the tax benefits of being a landlord while sheltering their high income with 2 mortgage interest deductions AND he can write off trips back to our area. … (7 comments)
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property leasing: ♥2♥ with Client/Investment Property Owner * He LIKES Being a MOBILE LANDLORD! - 11/02/10 06:03 AM
After RainCamp, I spent Thursday night in Charlotte and had lunch on Friday with a client. During our meal, and after talking about NASCAR, I asked him if and when he thought he would be wanting to sell the townhouse I manage for him. He looked at me and said NOT IN THE NEXT 5 YEARS! GREAT for me; however, I asked him why? Even though his current home (townhouse rental) address has stayed the same for 3 years, his company is still buying and closing companies as they acquire technologies and his Charlotte-area office location has changed twice. By being … (2 comments)
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property leasing: His landlady ONLY responds when he threatens her with his attorney!!! - 11/01/10 06:45 AM
After 3 days away from the office * not from WORK * I held a noon lease signing on Saturday at the property. The new tenant is moving from another home in the area that was rented to him by a Realtor/owner/landlord who now needs to sell the home. She wants him to allow her to break the lease and she offered to pay his first month's rent elsewhere and return his deposit. OK * so while I was at RainCamp and she was on the Left Coast, she and he are e-mailing with copies to me negotiating the transfer of … (19 comments)
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property leasing: I've BIT my TONGUE and it will HURT all the WAY to the BANK! - 10/26/10 05:47 AM
I have had some unexpected vacancies during the last few months from residents on leases who have had to relocate for job/employment and family health issues. The latest one is a LARGE, desirable home that I signed a lease on yesterday afternoon. The current tenant is not delinquent in her rent; yet, the property owner has been HOUNDING me long-distance to get it rented. He has called, e-mailed and is now threatening me that he can not make his mortgage payment in November if there is no rent for the month.
Now, this property owner left a GOOD job … (11 comments)
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property leasing: Yes * there are HOTEL condos for sale in DC * Maybe MORE on Nov 3rd!!! - 10/21/10 08:16 PM
YES, pols prefer to live "at the Ritz". While saying that he lives in Searchlight, NV, Harry Reid also calls a $750,000 apt at the DC Ritz Carlton hotel home when he is in town. http://www.politico.com/click/stories/1010/pols_who_prefer_hotels.html The Ritz is the only hotel in DC currently offering residences for sale while the Grand Dame of hotel residences at the Watergate is under construction. Secretary of State Rice, the Doles and Alan Greenspan have lived here.
Meanwhile, DC environmental lawyer lists her 1BR condo at the Ritz for $1.195m. http://dc.blockshopper.com/news/story/1700102782-Environmental_lawyer_lists_Ritz_Carlton_Residencies_for_1_195M,
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property leasing: Some OLD No-Nos are Reappearing for VACANT properties!!! - 10/19/10 05:20 PM
I can tell I have been doing this for a LONG TIME.....I am seeing some of the old "norms" which were NOT a good idea THEN and are certainly not a good idea NOW. 1) Aluminum foil wrapping stove drip pans. This is VERY DANGEROUS. I actually had a kitchen fire in a property in Napa, CA from stove contacts shorting out by the foil. Cleaning stoves and drip pans is easy with today's cleaners if they are caught quickly. New drip pans are cheap and available at most grocery stores.
2) Refrigerators being turned off and the … (2 comments)
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property leasing: Judge to Actor Randy Quaid * You Can NOT Go Home Again!!! - 10/19/10 01:32 PM
The TRUTH is STRANGER than FICTION. Actor Randy Quaid and his wife, Evi, have a TRO * temporary restraining order * against them for continuing to occupy and break into the guest house at a Santa Barbara, CA property they USED to own and which they continue to insist they still own....although title has passed twice since they sold the property in 2007. The REAL/Current property owner indicates the Quaids have caused over $5,000 damage to the guest house as well as piling up court appearance tickets.
http://www.radaronline.com/exclusives/2010/10/exclusive-randi-evi-quaid-blow-court-again-judge-issues-arrest-warrants
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property leasing: Forbes names Utah #1 for Business and Career * Virginia is #2 - 10/18/10 05:46 AM
LONG TIME (4X)#1 seat Virginia gets bumped in 2010 as the Forbes magazine BEST state for business and career and has to take second place to uber-conservative Utah. North Carolina, Colorado and Washington round out the top FIVE in the list.
Over 50% of American adults are reported as saying that the ECONOMY and EMPLOYMENT being the MAJOR issues facing the nation with health care running a distant second at 7%.
Forbes measures 6 vital issues for businesses to establish their rankings * COSTS * LABOR SUPPLY * REGULATORY ENVIRONMENT * CURRENT ECONOMIC CLIMATE * GROWTH PROSPECTS and QUALITY OF LIFE.
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property leasing: Available December 1st * 2BR Townhouse w/3rdBR/Bonus Room for LEASE * Melbourne Park - 10/15/10 09:19 PM
Rental Home - Charlottesville, VA Townhouse rental,
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property leasing: How does DUMBING DOWN My Rental Marketing & Leasing Process Benefit My Clients - 10/14/10 07:14 AM
...and the SHORT answer is that it does not. Most individual property owner/landlords think that all one has to do is post a few photos on Craigslist, get a rental application from Staples and ask a real estate agent to violate their local or state association rules and provide them with a lease form. After that, it is just getting the monthly rent and making bank deposits.
In actuality, the process is much more complicated from taking the photos *without the day/date stamp that shows the photo is 2 years old * to removing old posts before posting new ones … (9 comments)
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property leasing: Even with FIXED TERM LEASES * Landlords need a LEASE BREAK Procedure! - 10/11/10 06:17 AM
I L♥VE my fixed term leases. They are the norm in our area with UVa students renting by the school year; families wanting to stay in designated school districts AND area new-hires wanting to stay "put" and not move for a year. Unfortunately, LIFE gets in the way sometimes....new employment, military deployment, work transfers so I have devised a re-leasing plan to benefit owners and residents. Option #1 * Residents can secure their own replacement residents and I will charge a $400 lease re-write fee for qualified applicants. They can download application forms in pdf format from my website and I'll … (2 comments)
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property leasing: Outside the VA Tea Party Convention on Friday! * Wordless Sunday! - 10/10/10 06:29 AM
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property leasing: Like NEW Town Home at Pantops * $1,245 * Move-in TODAY * All Appliances * Pet OK - 10/09/10 06:52 AM
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property leasing: LARGE Lake Monticello Home for Lease * $1,395 * Move-in TODAY * 5thBR/Home Office * 2-Car Garage * Fenced Yd - 10/09/10 06:47 AM
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property leasing: Home for Lease in Lake Monticello * Move-in TODAY * $1,145 * Full Basement & Fenced Yd * Pet OK - 10/09/10 06:44 AM
Rental Home - Lake Monticello, VA Single family rental,
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