Category Archives: Property

Pitfalls Of Poor Tenant Screening Part 1

Most seasoned Landlords have been subjected to a similar scenario: a prospect shows up to view a property and says they have first months rent, full deposit and need to move in right away due to some semi-believable story.  It’s tough to pass up the money in hand when the market reflects a surplus of inventory.  They seem like a nice couple, are not trying to negotiate, and you are tired of showing the unit, so you take the money straight to the bank and turn over keys.  This is usually where the dream ends and the nightmare begins.

Street Scene Charlotte Property Management (5)

This used to happen more often years ago, when we didn’t have the power to search courthouse records 24/7 from our phones.  However, you may be surprised to hear that it still happens a lot.  People who “work the system”, grifters, scammers, con artists, deadbeats, shysters, whatever you call them, know how to play it to their benefit.  They show up in nice clothes, speak kindly and with respect, praise the property, and can tell their story with so much drama it will leave you teary eyed.

Here’s a video of one example showing the condition of a property where the owner did very little to screen the prospect:

https://youtu.be/xnLU8ekyANg

Please, please, please resist the urge.  If they have to stay in a hotel for a day or two, you would be better served in the long run.  Before you even start marketing your property for rent you should have a tenant screening company set up so you don’t lose time setting them up once a tenant is ready to move.  I am not here to sell you on one company over another.  There are plenty of very good screening companies out there.  I would suggest you find one that offers as many of the following services as possible:

Nationwide criminal search
Nationwide eviction search
Credit report
Social Security Number validation
Lien/Judgment search
Sex offender registry search (Nationwide, in case they did not register at previous address)
Employment verification
Landlord (more importantly previous Landlord) verification
Global Homeland security search

I will dig in deeper on the next installment.

 

What Should I Consider When Buying A Home In Austin?

The home buying market in Austin (and the Austin-Rock Round Metropolitan Statistical Area) reached record levels to close out the year 2017. According to information provided by the Austin Board of Realtors, the following is a snapshot of the housing markeHomebuyingAustinTxt for Austin:

  • Single-family homes reached 2,653 for December 2017, a 12.6 percent increase over the same-month sales in 2016.analyze
  • Homes for sale spent, on average, 71 days on the market before being sold.
  • The median price of homes for the Austin-Round Rock MSA was $310,000 as of December 2017, an increase of 7 percent over December 2016.

There is no better time to begin the process of buying a home than today. Working with a local realtor and their team of qualified associates can help you discover your forever home, a place to raise your family and create lifetime memories.

What are some of the important considerations to account for when searching for your dream home? Here are several important things every homebuyer should consider:

How Much House Can I Afford?

A determination needs to be made as to the amount of home you can comfortably afford without going into too much debt. A home represents one of the largest single assets Americans own and too much mortgage can turn a dream home into a long-term financial burden.

texasflagAn analysis of your monthly income (before taxes), expenses, loan type (i.e. fixed, ARM, 15-, 30-year, etc.), down payment, and other debt information can give you a good sense of the mortgage you can apply for. Another tip: pre-qualify for any mortgage you seek before discussing a home purchase with a realtor.

Should I Fix-it-Up or Buy New?

The proliferation of home improvement shows on media such as HGTV and the DIY channel have fed a desire in many to attempt to buy and renovate older homes. Words like ‘open concept’ and ‘cathedral ceilings’ seem to capture an inspire a desire to tear down the old and rebuild new.

What you choose should be based on living where you want to live, the type and style of home you desire, and the cost to renovate. As an example, a recent report put the cost of renovating a pre-1950 home of 2,000 square feet at $320 per square foot versus $280 a square foot for a post-2000 built home, a difference of $80,000.

Location: How Close/Far Can I Be from Work?

Choosing your new or next home should account for the distance and amount of time it takes for you to get to work. Sitting in traffic for an hour or more doesn’t make for a pleasant start of the workday. Nor does it add to your quality of life when rushing out the door at 5 or 6 pm, to catch a child’s school event or spend quality time with the family. If you are not one of the fortunate work-from-home or telecommuters, your daily work commute is a factor to consider.

 What’s in my Neighborhood (Stores, Restaurants, Community Centers, etc.)?

In addition to choosing the right neighborhood for your commute, you also need to consider the proximity of certain amenities to your new home. Are you ok with driving a mile or two to do your grocery shopping or visit your favorite restaurant? How close to the city’s cultural center do you need to be and how important is that proximity? The answers to these types of questions, which should be discussed with a realtor, can make a difference in where you choose to live.

 

 

Finding Right Investors That Buy Homes in Internet

If you observe the behavior of homeowners who need to sell a house quickly then you will be able to conclude that they are doing it because they are in a situation they do not expect, one of which is facing foreclosure for not being able to pay the mortgage. In 2012 it was explained that there are about 3.5 million families in the US in this situation. They are forced to sell the house to pay off the debt. In addition homeowners sell homes for other reasons such as divorce, very expensive house maintenance, inheritance, etc. At such times, getting an investor who can buy a house in cash is the best solution. Sell ​​my house fast Columbus is an investor in South Florida who is able to help your problem. In addition you can also get advice about the replacement property; you will get a home recommendation for your next purchase.

Selling houses quickly often we call short sale. Selling a house quickly signifies that the situation is urgent and important. It could be due to some things like the auction date of your property is near and foreclosure. In this situation short sale you have to do, but how to get investors who can help you. Before finding cash home buyer you better negotiate with the Bank to ensure your debt will be repaid soon.

The urgent situation is not suitable to cooperate with the agent to sell the house because it takes a long time and additional fee to pay commissions. Must consult directly with investors; Find a trusted investor on the internet. Searching online is the easiest and fastest way that you can sell your property. You can search for investors on the Internet and visit the website at www.buysellcolumbusohiohomes.com. After visiting the site your debt will be paid off immediately.

The Internet is the source of information for you; you should really look for information about the cash buyer investor who can give you the true value for your home that matches the market price. If your house is in a dilapidated state and a large number of repairs are needed, then you should look for investors who can give you cash even for your needs for home improvement, make cooperation with we buy houses columbus to accept your home condition regardless of the condition. If you need a quick fund but the condition of your house is damage then my advice do not hire the services of real estate agents, choose cash home buyer we buy houses columbus is a better choice.

Real Estate in Dubai

The investment period in Dubai will never end. Investors from around the World in Dubai and UAE are increasing at very high rate. This is one of the most exciting places in the world to enjoy retirement and for those who are looking for some investment in Dubai will be able to earn a big profit from their investment. If you want to enjoy investment paradise then Dubai is the most specific choice.

Property and real estate experts say that Dubai is one of the most enchanting and luxurious cities in the world today. This is one of the best holiday destinations, where you can have incredible fun. Dubai has many 5 star hotels, beautiful beaches, top restaurants, clubs and resorts that attract investors from around the world to buy property in Dubai. The main reason people choose Dubai is the mixed culture and the variety of activities and business opportunities it offers. Dubai is the best investment place in the world; this is the best time to invest your money into a luxury property that provides many benefits in the future.

Dubai provides many classy services to local residents and foreign investors. One of the ultimate luxuries is the nightlife in Dubai where you have great pleasure and enjoyment. The real estate boom in Dubai is caused by lifestyles, business opportunities and employment opportunities, and excellent infrastructure development. Better health facilities are available in Dubai. Dubai is one of the most appropriate locations for business meetings in Middle Eastern and Worldwide countries.

We understand that Buying, renovating and selling homes is an activity that takes a lot of time and much of money, whether in Dubai. How to make it simple and fast? You need a partner as a friend to get important advice in determining your every move.

The most appropriate way is to choose a professional real estate agent. We are professional real estate agent from real estate agency in Dubai.  We are ready 24 hours to provide extraordinary service about buying, renovating and selling real estate in Dubai. We will accompany you during process in searching property in Dubai. We are professionals who will simplify your real estate business in Dubai.

We provide some keys services that can help investor to get property in Dubai:

Personal landing – This area is specialized for new and experienced investors who want to get information about property management and financing. We are the bridge that connects you with the lender company directly in Dubai. An easy funding process is a hope for investors; Find the most professional way on our site to expedite the process of financing your property business. If you are quick to get property in Dubai then big profits will come to you in the next year because property prices in Dubai must increase every year.

Investor – We are a company that has a wide network for referrals in the property business. We always ready to handle all the problems of real estate investors from around the world who want to buy property in Dubai. We provide evaluation services for property, this service is expected to be able to assist investors in deciding projects that suit to investor as well as possible. Evaluation of the property will provide many advantages before investing such as, much of money spent on buying and renovations, property management fees, strategies to sell property after buying and renovation process.

Education – Education is the best way to improve skills of the investors who become our clients. We as a leading property agency firm in Dubai feel responsible for improving our clients’ skills. Companies give them the opportunity to participate in training, motivation, and networking at seminars. Through this education, investors will be able to run their business well in Dubai so that their profits will increase.

Selling home – As my explanation that the price of property in Dubai will increase every year, and the investors get many benefits from this opportunity. We provide explanation of the steps in selling houses quickly, fairly, and cash in Dubai. You will get profitable and not complicated service here. In addition we can provide a reasonable price and get a fast closing process. Please contact our customer service or visit the website at (write your link) to get guidance on selling property quickly and profitably every year.

If you have decided to invest in Dubai, this is probably the best time to do so. You will not experience a loss because Dubai is one of the most exciting places in the world and property prices will increase dramatically in the coming years due to many attractions. There are many investment properties available in Dubai, so be sure to invest in the best way that gives you the most profit. We will help your investment become a reality, especially if you are an investor intending to buy, renovate and resell property in Dubai.

Choosing the Right One for Handyman

If you live in a big city, there may be a number of local handyman services to choose from. The quality of work and customer service they provide ultimately boils down to the individual in your home, be that person an employee, partner with a service clerk, or a useful person. But there are differences that you can anticipate in many types of handyman business out there.

There are many franchise builders that can be bought by business owners. The most successful of these franchises is a larger artisan company with many glossy ads, trucks or vans with full body graphics, and can have many employees. Like other local franchise services, most of the work is done for the franchisor, he just puts up different marketing tools and advertisements that are supplied to them in their franchise package and starts work to find employees. This makes the job easier than starting a business from scratch, especially in areas they may not know.

The downside for them is they have to pay all these bells and whistles, just like any other franchise. This makes them a lot of overhead and small profit margins. In growing their companies and hiring more workers, they start making money, but the temptation is there to cost a lot for all and all home improvements. If you ever get a number of offers for a particular home-maintenance project, you might have been amazed by the price range. Franchise franchisees will likely be on the upper end of the spectrum her.

The benefits of using a large home improvement franchise service are most likely to get to your project very quickly, if they have a number of employees. This can be a big problem if you have emergency repairs to deal with and relatives come to visit. As a helpful tip, talk to a salesman or owner about their employees.

Handyman has some links with many things about construction, property maintenance or home improvement companies. A few quick questions will tell you who their best people are, and when you can get them scheduled to make improvements to your home.

You will find a small company built from scratch with the owner doing a lot of work, or maybe with one or two workers. Or this may be the owner and the maid. The advantage for you here is that there is a greater sense of accountability with this smaller home builder service. If there is a problem you will not ‘get lost in the shuffle’ in getting something that suits your satisfaction.