rental home leasing: What to do while waiting IN the Car Wash? Lease a Home!!! - 07/07/10 10:55 PM
Ever the multi-tasker, while driving from here to there, I stopped at a local car wash to clean bird do off my windows.  While waiting during the process, I started reading my e-mail on my cel phone.  I received a property inquiry from my website and decided to call the prospect back to see if the call would go through while I was in the car wash....and it DID.  I talked to the prospect who could not hear where I was because of my "noise cancelling" JAWBONE bluetooth ear piece and while I was rinsing, we determined I could have the … (16 comments)

rental home leasing: Will I LOOSE Weight on a RENTAL Cycle? - 01/20/10 06:15 AM
Prospective renters moving into our area of Central Virginia do not understand when I mention the "rental cycle" to them when they ask about lease terms.
People moving from larger areas with loads of rental options are often used to the concept of month to month which allows them AND THEIR LANDLORD options for increasing rents and terminating tenancy with 30 days written notice.
The rental market in our area of Central Virginia is VERY DRIVEN by the school year * not the University of Virginia school year necessarily * rather by the K-12 school year that causes families to move … (4 comments)

rental home leasing: Sorry.....but you can put in a BACK-UP Rental Application on this House! - 01/13/10 08:00 AM


While many areas of the country are still reporting soft rental markets, our Central Virginia rental home market is VERY BRISK....Incoming new-hires to the government NGIC/DoD installation, the expansion of the University of Virginia Medical Center, the staffing of the new Martha Jefferson Hospital at Pantops and the expansion of new businesses supplying these employers and the University of Virginia have put a strain on our current rental housing supply.
Many of these new residents currently own an unsold home elsewhere so they are not in a position to purchase a home locally.  Additionally, they are concerned about the … (2 comments)

rental home leasing: STICKER SHOCK * For Central Virginia Home Rents!!! - 04/03/09 10:31 AM
Each spring - I wonder when someone is going to cry......sometime it is in late April when they realize that they should have rented in March, and sometime it is in early June when they realize there are no local rental homes even NEAR their rent range that they can fit their family/belongings in the school system they want.
This year, I had a prospect cry in late March....just after "match day" for UVa Med School (all med schools).  She had been looking at my available properties since late February and thought she had time to make her selection because the property … (0 comments)

rental home leasing: Match Day at UVA Medical Center brings in Rental Home Prospects!!! - 03/26/09 10:41 PM
March 19th was "match day" for all medical school residents around the country.  This is an IMPORTANT "Known" date in many real estate offices around the country where there is a teaching hospital in the area....sort of like the date the old Yellow Page ad listing sales closed used to be in commercial real estate (commercial tenants needed to rent their business address in order to be listed).
Luckily, the University of Virginia Medical School is in Charlottesville and whereas in past match situations, those incoming residents might have bought a home in the area, they are now RENTING because they … (1 comments)

rental home leasing: Offering Referral Fees to Realtors who SECURE Rental Residents!!! - 03/25/09 11:36 PM
Our prime renting season started a week ago - the UVa Medical Center residents were matched and they are now looking for area rental housing.  Military JAG families have been renting for over a month for homes available this summer and many rent directly sight unseen from my website.
I post a selection of my available properties on a rotation basis early in the AM on Craigslist.  I actually have a spreadsheet that charts out what posts when during the month and I post them early since many prospects are in the Near or Far East on military assignment.
Somehow these … (8 comments)

 
Wallace S. Gibson, CPM, LandlordWhisperer  (Gibson Management Group, Ltd.)

Wallace S. Gibson, CPM

LandlordWhisperer

Charlottesville, VA

More about me…

Gibson Management Group, Ltd.

Office: (434) 825-1933





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