Charlotte Property Management Monthly

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Services for Real Estate Pros - BDF Realty, Inc.
"Charlotte Property Management Monthly" discusses the latest in property management, especially concerning rent-to-own (aka lease options and lease purchase) and rent-to-sell. The purpose is to educate Realtors and consumers alike on more innovative home buying, renting, and selling techniques. This also includes some small business insight as well.
RECENT BLOG POSTS
2.  Tenant selection is getting harder I remember when we first starting offering property management services, there was a large property management company in Charlotte that had very simple tenant screening criteria: Their income must be 4X rent at minimum They must have good landlord history ...
05/22/2010
If this economy has taught us anything, it is cash is always king and real estate is an investment.  The ONLY decision criteria for hiring a prospective property manager should be their ability to maximize the cash flow of your investments.  Period. A friend of mine works for a utility company. ...
05/18/2010
The following is an excerpt (3 of 3) from A Real Estate Agent's Complete Guide to Representing Rent-To-Own (Lease Option) Tenants by Brett Furniss (2010) 1.  Option money (written in the contract as such and paid to the owner) should be used as down payment funds (remember to both source and doc...
05/12/2010
The following is an excerpt (2 of 3) from A Real Estate Agent's Complete Guide to Representing Rent-To-Own (Lease Option) Tenants by Brett Furniss (2010) A market has been defined as "a place where willing buyers and sellers meet."  You go to a department store.  You want to buy (you want some n...
05/01/2010
The following is an  excerpt from A Real Estate Agent's Complete Guide to Representing Rent-To-Own (Lease Option) Tenants by Brett Furniss (2010) My companies, BDF Realty, Inc. and Rent-To-Sell Realty, Inc., have been marketing lease options (rent-to-own and rent-to-sell) for years to help our c...
04/26/2010
"I can't sell this couple on anyone.  If their financial history was made into a movie, it would be in the "Horror" section.  Well, the "Drama" section would fit, too.  And with eight kids, it could probably be get into the "Adult Content" section as well... (Charlotte Realtor bemoaning the plig...
04/09/2010
"My Broker-In-Charge highly recommends we stay away from rent-to-own transactions.  They just aren't safe."  (Traditional Realtor) "You can fool some of the people, some of the time.  But you can't fool all the people, all the time."  (Bob Marley) Big real estate firms used to make a lot of mone...
04/03/2010
"Lease options might be the worst idea ever.  Who would ever be a party to one?  I tried one once and it was a complete disaster!  I mean, I'm not a lawyer- there's just so much that can go wrong; I don't have firsthand knowledge of this mind you, but I've heard lots and lots of stories."  (Trad...
03/27/2010
"I will get the lowest price per square foot for my new office lease."  (Charlotte Business Owner)   "I will not drop my initial offer for price per square foot for the new lease.  It's not worth it and I really don't like this guy anyway."  (Charlotte Commercial Landlord)   "I will maximize thi...
03/21/2010
"They wouldn't come down in price.  I said, ‘Sir, excuse me, sir, do you want to know how many other houses my client can buy?'  We couldn't bridge a gulf of $2K and the deal fell through.  Their loss!"  (Indignant Charlotte Realtor)   "Why ask why?  Try Bud Dry."  (Old Anheuser-Busch slogan)   ...
03/14/2010
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Brett Furniss

Charlotte Property Manager
local_phone(704) 370-6419
smartphone(704) 902-7522
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"Charlotte Property Management Monthly" discusses the latest in property management, especially concerning rent-to-own (aka lease options and lease purchase) and rent-to-sell. The purpose is to educate Realtors and consumers alike on more innovative home buying, renting, and selling techniques. This also includes some small business insight as well.