property management: Reports ARE that There will be a Scarcity of Rental Homes Available in the Summer, 2012
- 01/01/12 12:18 AM
… (0 comments)
|
property management: Are you a problem-solver, or a problem? Professional property Managers offer SOLUTIONS!
- 12/29/11 10:43 PM
As a professional property manager, I am tasked with identifying the problem AND finding the solution BEFORE I call my client or customer about my CORRECTIVE actions!
Answer - drag a magnet along the parking lot....I always ask roofing contractors if they will do this AFTER REroofing one of my properties!
An agent in my office was just complaining to another agent in the office about how she'd had two flat-tires in our parking lot in the last few weeks.
She'd picked up to "screws" in her tires, and she's sure that they're from our parking lot. Now we haven't … (6 comments)
|
property management: Showing Property After Dark * If they CAN'T SEE IT * They will WANT to Come Back ANYWAY!
- 12/29/11 10:31 PM
I have my FLASHLIGHT app on my EVO Android phone and tablet. I always offer a lunch time showing slot OR weekend AM time slot rather than showing after 5P when IT IS DARK!
Showing Property After Dark is very common this time of year. While this in itself is nothing new, what is new, are the number of vacant properties on the market. More often than not, these vacant properties will not have electricity, and we will have to enter the property in the dark.
I have made it a point of always having a flashlight with me this time of … (4 comments)
|
property management: LEASE Guarantors are NOT the same as the TENANTS * They should NOT have the same rights.
- 12/29/11 05:16 AM
Checking with a fellow property manager I have mentored in the past to wish him a Happy New Year, he showed me a Small Claims Court warrant in debt he was just served.
The GUARANTOR of a lease is suing him for the return of the security deposit. He asked me what I thought.
When I used guarantor agreements in the past, the agreement clearly stated that the GUARANTOR was not entitled to rights as the tenants under the lease. They were ONLY guaranteeing the FINANCIAL performance of the LESSEES for the term of the original lease AND any renewal terms.
… (2 comments)
|
property management: it's time to call in a professional manager
- 12/28/11 09:53 PM
This is good information and listing agents should have this to council their condo sellers.
I stopped taking rental properties to manage in SELFmanaged HOAs over a decade ago. Too many personalities and lack of diligence from SELFmanagement. I wish lenders would look at SELFmanagement as a NEGATIVE and the # of rental units as a POSITIVE!
1. Know what you need. Start your search by making a list of what you’d like the management company to do. You can put anything on the list, as long as the HOA board keeps the responsibility to oversee the management company’s actions. … (1 comments)
|
property management: NASCAR Fable * SEASONED Winner v SPONSOR-Friendly FEEL GOOD STORY!
- 12/27/11 11:45 PM
In NASCAR, it is called the "silly season" when drivers, teams, owners and sponsors switch "rides" before the NEXT season.
This year's FEEL GOOD story may be the possibility of the "Cuban Missle" Aric Almirola going to the HISTORIC #43 of Richard Petty Motorsports.
Almirola has virtially no experience at the HIGHEST/Cup level of the sport; however, he is has had good "rides" with DEI and Joe Gibbs Racing and raced last year for JR (Dale Jr.) Motorsports.
Almirola would be replacing Cup Driver AJ Allmendinger who is going to the #22 Shell car of Uber owner Roger Penske.
… (3 comments)
|
property management: For Sale and Rental SQUARE FOOTAGE is NOT the SAME * Rental Prospects may be Confused!
- 12/27/11 11:16 PM
I've been having more discussions lately with rental prospect callerts who THINK that a Rental listing SqFt is the same as For Sale listing...and it is NOT.
While the UNimproved SqFt of a For Sale property may mean something to a prospective buyer, I'd rather have that description space in the listing for something else of importance.
The ENTIRE SqFt of a rental is what is being rented; however, the UNfinished area available for expansion or build-out may be important to a prospective BUYER.
Since I have floor plans of my listings available on my website as well as 20+ … (6 comments)
|
property management: I agree with Ken Jennings * this is The End of the World! Sorry, Dubai!
- 12/27/11 10:23 PM
I L♥VE Ken Jennings * the JEAPORDY champ and BIGGEST WINNER in game show history. I actually KNEW the answer to the final question he missed to end his 75 show winning streak.
WHAT is H&R Block, Alex?
Ken now has a great blog about the END OF THE WORLD.....NO, not the Tom Cruise "end" but for the REAL real estate end of the world.
Dubai has many FIRSTS - suspended tennis courts, ski slopes in the desert and it's ruler wanted to CREATE a map of the world off the Persian Coast. The World project started and has now … (2 comments)
|
property management: Blond is the NEW Black According to One of My Christmas Present Books
- 12/27/11 09:29 PM
My sister gave me the cute book * On Being Blonde * Wit and Wisdom from the World's Most Infamous Blondes.....
ON SEX * Nothing risque, nothing gained * Jayne Mansfield * Mother of actress Mariska Hargitay of Law & Order SVU
ON MEN * God created man, but I could do better * Erma Bombeck
ON BEAUTY * Beauty, to me, is about being comfortable in your own skin. That, or a kick-ass red lipstick * Gwyneth Paltrow
ON LIFE * You only live once, but if you do it right, once is enough * Mae West
ON … (5 comments)
|
property management: I'm SORRY, I am NOT your Beck and Call Girl! I have my PRIORITIES!
- 12/25/11 11:37 PM
I'm pretty accessible and willing to show my clients' rental properties and to make NEW client property presentations.
I'll show VACANT properties on the weekend (Sunday before the CUP race during the NASCAR season) and Saturday during the AM. I can also do a property presentation on the weekend and I'll meet with client prospects in their home after work during the weekdays.
....however, when rental prospects call me at 10P on December 22d and do not leave me a voicemail message and then call me again after 5P on the 23rd and say they are on their way to the … (21 comments)
|
property management: Rental Prospects are Looking EARLY for their NEXT Rental Home! View from my Crystal Lite Ball!
- 12/25/11 09:57 PM
Propsects are starting EARLY for their Summer, 2012 rental home search.
This is customary with college/university students who rent in October for the NEXT June; however, local residents who want to change for schools for their children, get closer to work OR who want to upgrade from an apartment to a single family home are looking NOW!
This is REALLY something new. By this time in 2010, I was getting inquiries from incoming UVa Law School JAG military students who knew they were coming to their 9 and 10 month courses; however, I am getting rental prospect inquiries from LOCAL … (1 comments)
|
property management: You May Have The Skills---But Are You Accessible?
- 12/24/11 04:09 AM
Having repair and maintenance resources is a KEY part of the job of a property manager. Many DIY landlords have to rely on the Yellow Pages and now Craig and Angie are their maintenance items. If a service person does not treat my residents well - arrive on time - clean up afterward, they will not get my business again
This month I had to perform one of the most dreaded parts of my job---looking for contractors and handymen. I typically have a small team, each of them skilled in their own specialty, some easy to work with, and some with … (5 comments)
|
property management: Charlottesville LANDMARK The Tavern is Closing! Where Students, Tourists and Townspeople and Meet!
- 12/21/11 11:34 PM
I was unaware that this area LANDMARK was closing until I read it in our local weekly.
The Tavern * at the corner of Route 29 and Barracks Rd * 1 mile from the UVa grounds (not campus) has been at its current location for decades.
The latest owner for 3 decades * Shelly Gordon * and his wife Lisa are ready to move on and the owner of the land and building has plans for this HIGH traffic area after REhabbing the adjacent shopping center that was built by her parents.
An adjacent corner parcel is owned by UBER entertainment … (5 comments)
|
property management: My New Client LOVES my Christmas Card * Wordless except for the HoHoHos!
- 12/21/11 10:29 PM
… (9 comments)
|
property management: Worth the DRIVE and Worth the WAIT! Green Valley Book Fair
- 12/19/11 10:28 PM
Having grown up in the "outlet" capital of the WORLD! I like to shop where there are discounts so shopping for BOOKS with DISCOUNTS is HEAVEN!
My sister and a friend introduced me to the Green Valley Book Fair off I-81 in the "valley" between Harrisonburg and Staunton, VA. I am surprised I have not been there before this; however, wrapping the trip with lunch at Mrs. Rowe's in Staunton and a dash through the Fashion Gallery in Verona made this last stop on our trip a great way to walk off our calories.
The Book Fair is an assemblege of … (6 comments)
|
property management: Wave when you are READY to LEAVE! Time to Park it Forward!
- 12/18/11 11:00 PM
I needed new boots so I planned to go to our regional shopping area of Short Pump on Saturday * 45 minutes from my home * and it has a Nordstroms.
I did a property presentation about 15 minutes down the road and then drove to the area. I was prepared for the parking to be scarce; however, I was not prepared for the lack of courtesy.
I had to park twice to visit the stores I needed to cruise for my boots so when I found my first vacant parking stall in a really short time, I was pleased.
… (4 comments)
|
property management: Forest Lakes South Townhouse * $1795 * Available January, 2012
- 12/18/11 09:04 AM
Rental Home - Charlottesville, VA Townhouse rental,
… (3 comments)
|
property management: Method of follow up on internet inquires. How do you prefer; email or calling?
- 12/18/11 08:58 AM
I prefer that rental prospects come through my website as I have interior photos and floor plans of my available properties....otherwise, I have to REdirect them back there to preview properties which may cost them time in their selection process as rental homes are going to be at a PREMIUM in the next few years!
Does that canned sounding email response leave you cold when you get one. You know the one. "Thanks for you inquiry, we'll get back to you" Or "Someone will contact you shortly". ugh I hate those.
It took me a while to make the transition … (1 comments)
|
property management: Tenant/Broker Agreements and Retainer Fees! The Public is VERY Weary of these Agreements!
- 12/18/11 08:42 AM
Several agents in our area have attempted to be TENANT agents and the insertion of a third party into the process has lost lots of properties for these clients.
Many rental prospects know to NOT search on our MLS rental section because they have been burned by agents who have no client-control and have lost rental homes because of owners who could not make up their minds about them as renters - NEXT!
I recently read a posting on a major Realtor website aimed at consumers. The person was asking how they would go about getting their retainer fee back because … (3 comments)
|
property management: Need a Last Minute Gift for a NASCAR Fan * Order the NASCAR 2012 Pet Calendar
- 12/17/11 10:48 PM
It's USEFUL and it is for a good cause. Most NASCAR drivers in the upper tier of the sport have foundations or charities that they sponsor.
Greg Biffle and Ryan Newman and their wives help pets and fund dog rescue and adoption services. The Newmans assisted and funded pet rescue after Katrina.
For the last several years, they have published a NASCAR PETS and their DRIVERS calendar.
Whether it is JR and his dog, Killer, or Greg and Michelle Biffle and their many pets, this ia a GREAT and USEFUL gift.
Biffle will be in the New Year's Day Rose Parade … (5 comments)
|
;)
;)
;)
