• 10Oct
    Categories: Tips & Advices Comments Off

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    Look at the ads in the paper to determine what you can get for a room in your area. If there are several ads, renting rooms is probably common, and you’ll be able to get numerous calls off of a two-day ad. Weekends seem to be the best time to run your ads.

    How do you choose a renter? Use your intuition, and have a list of questions to ask. Take notes. Where does he/she work? What is there phone number? What family can you call in an emergency?

    You have to decide what you want for house rules, and be clear about what they are to avoid any issues. I personally won’t allow pets, smoking in the house, or late-night noise. Everyone does their own dishes, and keeps any mess in their rooms.

  • 10Sep
    Categories: Tips & Advices Comments Off

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    Always include everything in the rent. You’ll avoid arguments about who owes what for utilities, or who watches the cable TV more. Cancel long distance, get a phone card, and just have local service. When utilities get too high, raise the rent. Just don’t be tempted into “share” arrangements for anything.

    While others were fighting with landlords and roommate-friends, my renters stayed for years. They had no household bills to pay, and no money issues for us to argue about. They payed weekly or bi-weekly, according to their paydays, so they wouldn’t even have to budget for monthly rent.

  • 28May
    Categories: Tips & Advices Comments Off

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    Finding the best apartment is not an easy task. You might encounter a couple of problems so it is important that you protect yourself by grabbing the best deal offered.

    When you inquire to the landlord, do not hesitate to ask questions so that you’ll be informed about everything you need to know about the property. This is suggested to avoid conflicts later on. Rules are very important. Ask your landlord about their stand on pets and other stuff. Be honest to the landlord by telling him/her your financial status as of the moment – Are you jobless? Do you need a co-renter? Make this clear before the deal starts.

  • 15Mar
    Categories: Tips & Advices, Uncategorized Comments Off

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    There are some people who enjoy having a lot of houses and properties to worry about. Renting or buying a property can be a total headache! Here are some problems that you have to ask yourself:

    Is this property worth it?
    How will the strangers feel when they rent into my place?
    How can I get rid of annoying tenants?
    Will the renters pay on time?

    The answer to the questions above is up to you. The business of renting properties is definitely not for everybody. You will later on encounter problems about repairs, tenants and others. You should treat this as business to be successful.

  • 10Feb
    Categories: Tips & Advices Comments Off

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    It is important that you ask about application fees and security deposits. Condo associations require their tenants to pay monthly fees. Some of them is also requesting for refundable deposits just in case you caused damaged in the area.

    Most landlords would require you to pay one month in advance and one month deposit to make the landlord feel secured. You must also clarify what is included in the rent. Is the electricity, cable tv, and water included in the rent payment? Don’t be afraid to negotiate with them. The negotiation can make both parties feel at ease with the deal.

  • 14Jan
    Categories: Tips & Advices Comments Off

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    Planning to rent somewhere? You better start looking as soon as possible. Look for a real estate agent that handles rentals or browse in trusted classified websites. It is advisable by agents that you begin your search at least a month before you plan to move. An application with the apartment complex or the condo association can take you 2-3 weeks. The earlier you file your application, the better things will turn out to be the way you wanted.

    Do you have questions about the parking space, washers, dryers and the like? How about the minimum length of contract? Do you know the policy about pets and loud music? Prepare a list of questions that you have in mind and look for the answers in the right people.

  • 07Sep
    Categories: Rental Investing, Tips & Advices Comments Off

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    When you think of worthy investments, you have to look ahead. You don’t have to be a pro to determine as to how feasible a property can be. Look around and check out the people in the area. From there you can see if they will play a vital role towards making such an investment work.

    Investing in real estate is a perpetual income if you are lucky. Housing and shelter is something important for anyone today. So if you survey a good area and find great ways to be able to earn from it, grab it. It may not come back as promising as it is now.

  • 15Aug
    Categories: Rental Investing, Tips & Advices Comments Off

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    When you are about to sign a contract, there are owners who will want some sort of proof that you are financially able to sustain the set rental rate for their property. At times you will be asked for bank statements or even employee certifications.

    You should not be offended by these though. They are simply protocol for people who want to make sure they will not be encountering problems as far as rental settlements are concerned. While most would want to oblige, it just remains that financial sustainability really counts. Otherwise, you are giving away something similar to a free lunch.

  • 09Apr
    Categories: Benefits, Information, News & Updates, Tips & Advices Comments Off

    greenpower3People have finally accepted their part in saving the earth and being a property owner, you can do your part in such a drive that would allow you to reap benefits well beyond tomorrow. You don;t have to tear down your rental property to go green for simple retro-fits can have the same impact in such a smaller time frame. Upgrading your plumbing, replacing toilets and wash basins with water saving ones that use less water or do away with it totally is a start. Read more »

  • 09Mar
    Categories: Benefits, Information, News & Updates, Tips & Advices Comments Off

    greenpower2People have given their opinions on the re-greening of our urban spaces, many of which are slowly undergoing green retro-fitting to comply with city laws and current trends. From simple upgrades such as lighting and the addition of small solar panels on the roofs of rental properties to at least handle the lighting system in and out of the buildings/properties is a small step towards greening the many rental properties that abound within city limits. It is a very enticing deal for you get power and get some incentives from the government in terms of tax cuts having you pay less taxes for such green initiatives. Read more »