OK, technically it is- though it shouldn't be included among the other four-letter words many have come to despise. Both renting and renters have surely taken their hits over the years. Who hasn't heard of the ol' "Rent versus buy" analysis? And how often do you hear that question answered with "rent"? Chances are it's been a rare occurrence. More often than not, owners are advised to sell rather than rent their homes out- while prospective buyer/renters are shown the many benefits of homeownership to the detriment of both … (8 comments)
Sex offenders welcome? Not here. No sex offenders here I wanted to make sure folks were clear about where I stood on this. I want both tenant prospects and owner prospects alike to know that I won't rent to a sex offender- period. There are a number of things that are flexible when processing an application- whether an owner will accept a pet depends on the specific pet, whether a prospect would pay a security deposit equal to one month's rent or two depends on the specific prospect's credit history, etc. … (11 comments)
renter: The importance of renter's insurance
- 04/06/12 02:37 PM
The importance of renter's insurance There's no doubting the most important part of this news story- by the grace of God, a family of 5 escaped a burning house. The tragic loss of a single life is devastating; the loss of 5 in a family would seem unbearable. But what about the end of the story? "They rented the home and have no insurance for their belongings." Rental (or "renter's") insurance is cheap, cheap, cheap- yet it's something I'd guess only 1/2 of my tenants over the years have carried. That number's anecdotal, of course- but the number of folks having it could be … (8 comments)
The following is a link to an article that ran in our Orlando Sentinel this past Monday- a spooky article, and one they fittingly ran on Halloween. http://www.orlandosentinel.com/business/os-condominium-dissolve-20111031,0,2874562.story This article discusses a local condo community called The Element. I managed a couple of units in this community for a Canadian investor- and I can tell you I'm only half-way shocked at the goings-on laid out here. Even on the front end of things back then, the hoops I/we had to jump through in trying to market and lease his places couldn't have been … (7 comments)
What do you do? Nothing, really. The agreement you have with your client is a non-exclusive one, right? You went with that because you figured you were good enough to find them a home before anyone else, right? "That guy from Century 21 isn't going to find 'em a place before I do!", "That Coldwell Banker lady isn't too tech-savvy- his lazy self is dang sure not gonna find these guys a place before I do. I'm hustling!" So you do your hustling. You roll the dice and buckle up for the ride- hoping you won't … (6 comments)
renter: Renters...BUY a home and live for free!
- 09/07/11 05:55 PM
Renters...BUY a home and live for free! The ads are everywhere: "Stop paying someone else's mortgage!!..."OWN for less than you're paying in rent!!...and one of my favorites, "The call YOUR place an apartment- while your buddy next-door owns his 'condo thing'". O.K., you got me. The last one's a favorite quote because I was quoting myself. Nothing gets past you guys! Over the past few years, I've been amazed by 1) how successful fellow Realtors and builders have been at fashioning an 'us vs. them' mentality between the "owning public" and the "renting public"- but also 2) how pitifully inept the response from the … (6 comments)
renter: Why do buyers care why the seller is selling?
- 07/22/11 12:34 PM
Hi, Bryan: Happy to re-post this one, as it surely applies on the rental/leasing side of life as well. Tenant prospects that know a place is owner-occupied are quick to ask: "Why are the owners moving?" "Where are the owners moving?" "Are the owners American?" "Are they local?" The best answer to those questions is "None of your business"- but I usually go with a more politically-correct answer. I just read an article that got me thinking about this very common question. Buyers always seem to ask "Why is the seller moving? or something to that affect as if knowing the … (6 comments)
Orlando Property Manager Dennis Burgess writes about property management, general real estate and news/events affecting the metro Orlando, FL area.
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Rent isn't a four-letter word
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