Every property owner I've ever met (including yours truly) wants to charge the highest rent possible. Every tenant wants to pay as little rent as possible. Sorry, there is no huge revelation here. This is pretty much the way any market works. The girl who sells cans of peas wants you to b
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06/24/2010
Wow! Only one? As a Charlotte property manager, we have potential customers contacting us everyday about managing their rental homes. Their questions typically boil down to two: How much can my house rent for? How fast will it take to fill with a tenant? These two questions are not mutua
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06/19/2010
Realtors everywhere are breathing a sigh of relief with the upswing in home sales in April and May. Things seem to be picking up a little, they have some money in their pockets, and there appears to be a light at the end of (what has been) a very dark and long tunnel of diminished sales activit
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06/12/2010
3. The skills needed for selling a home have (and will continue) to trend to more of a solution-based, "cash now, sell later" approach; outright sales are becoming scarcer as there are less qualified buyers available in the market Consumers are having a more difficult time selling their homes.
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05/31/2010
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
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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.
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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
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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
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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
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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
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04/09/2010
