PropertyManagementMaven

Yes! I was a "CHILD REAL ESTATE AGENT" Que The Beatles! They Say It's Your Birthday.....

YES! I was a CHILD REAL ESTATE AGENT....Except for brief stint as a secretary * in a real estate office * I have had a long career in real estate/property management.

I took the road to the DARK SIDE early in my career working for a local real estate developer managing his larger properties and ancillary out buildings as these properties were being developed.


As luck would have it, I have now been leasing my real estate office from him for over 6 years.

I've worked HARD this week to be able to take a b'day lunch with my sister and then go to a movie.

YES!  I get the SENIOR movie discount and I deposited my government check yesterday......

Real estate is a profession we can do as LITTLE or as MUCH as we want....I have to agree that what does not KILL us does MAKE US BETTER!


 

Wallace S. Gibson, CPM * GIBSON MANAGEMENT GROUP, Ltd.

Central Virginia

LandlordWhisperer

View our available Charlottesville, Albemarle and Lake Monticello rental homes online with photos and floor plans

"...to be a Virginian, either by Birth, Marriage, Adoption, or even on one's Mother's side, is an Introduction to any State in the Union, a Passport to any Foreign Country, and a Benediction from the Almighty God...." Anonymous

 

Melbourne Park Townhouse * Available NOW * $1595 * 5 Min to UVA & New MJH campus/10 Min to NGIC


Rental Home - Charlottesville, VA Townhouse rental,

> Click here for full details, additional photos, and an inquiry form <
Townhouse

108-A Melbourne Park Circle A Charlottesville VA 22902
3 beds/2.5 baths
$1595 / month
 



 
Gibson Management Group, Ltd.
Wallace S. Gibson CPM 

PO Box 106
Keswick, VA 22947-0106
 
Phone: 434 979 9723
Location information
108-A Melbourne Park Circle A 
Charlottesville VA 22902
Elementary School Zone: Greenbrier
Jr. High School Zone: Walker-Buford
High School Zone: CHS
Driving Directions: Park St N to Melbourne @ Rio Rd. L on Melbourne & L into Melbourne Park Circle
Detailed listing information
Remarks: This townhouse is LARGER than most single family homes * Full walk-out basement with storage and laundry, main floor with living room w/FP, dining area and large kitchen, second floor with 3 bedrooms, 2 baths. 4th floor has 4th bedroom, home office or finished playroom. Rent includes water, sewer and trash. Short drive to Pantops * Martha Jefferson Hospital * Downtown * UVA or NGIC

Bedrooms: 3
Bathrooms: 2.5
Monthly Rent: $1595.00
Date Available: NOW
Lease Info: 12 months
Included in Rent: Water
Sewer
Trash
Deposit Payment Details: Leasing broker
Application Fee (Standard): $25.00
Sec Deposit (Refundable): $1595.00
Pets: Possible, with approval
Fireplace: One fireplace
Heat: Gas heat
Cooling: Central air
Approx Square Feet: 2300
Dwelling Type: Townhouse
Property Description: Borders preserve / public land
Floor Coverings: Carpet
Vinyl
Hardwood
Window Coverings: Cloth blinds
Plastic blinds
 

Fair HousingAll listing information is provided by the managing or leasing agent, is deemed reliable but is not guaranteed, and should be independently verified. Information is © Copyright 1997-2012 HERO PM and individual providers of data, who are bound to a membership agreement. HERO PM and all their websites are interactive computer services. Unauthorized reproduction strictly prohibited.

 

Wallace S. Gibson, CPM * GIBSON MANAGEMENT GROUP, Ltd.

Central Virginia

LandlordWhisperer

View our available Charlottesville, Albemarle and Lake Monticello rental homes online with photos and floor plans

"...to be a Virginian, either by Birth, Marriage, Adoption, or even on one's Mother's side, is an Introduction to any State in the Union, a Passport to any Foreign Country, and a Benediction from the Almighty God...." Anonymous

 

10 Tips for a Healthy Landlord/Tenant Relationship

Rental prospects MUST do their homework online, FIRST.   Desirable rental properties will rent FAST so rental prospects need to be prepared with their information to complete an application AND check to submit with their applications.

Via Jessica Chase - City Realty, Olympia WA (City Realty, Inc.):

During your rental search

1. Know what your expectations are before searching for a property. If your requirements aren't offered at a particular property, then move on. Don't expect a landlord to add an unreasonable amount of amenities or upgrades to an existing rental. There are often other units available that will meet all of your needs.

2. Submit completely accurate rental applications regardless of your shortcomings. Do not overstate your income or lie about credit problems. Landlords are increasingly open to working with challenged credit. Providing a clear explanation as to why your credit has suffered and expressing your desire to improve the situation will go a long way to sway a decision.

We always recommend a prewritten letter with this information be sent with the rental application, as it shows some planning and thought went into your process. Lying on an application is almost always grounds for denial or later termination of a lease.

3. Ask the right questions. Those questions are the ones most important to you. In most cases, landlords and agents are not required to disclose some information that may be important to you. Do not be shy when searching for a home to rent. Ask as many questions as necessary to make sure that you are comfortable with the decision you are making.

4. Get it in writing. If a landlord has promised a repair, new carpet, new appliances, or anything else will be done as a condition of your lease, then be absolutely sure to get it in writing, preferably on the lease document. Anything less opens up the chance for miscommunication and leaves an opening for problems.

I can't remember how many times I've spoken to tenants who were "promised new carpeting" at some point during their tenancy and did not get it. Promises don't get things done. Written agreements do.

5. Read your lease completely. This is an important process. You are making legally binding guarantees regarding payments, upkeep, repairs, etc. Read it thoroughly before you sign it. If possible, ask for a copy the day before signing the lease so that you have enough time to read and think about any potential questions.

Move-in time

6. Complete or request a walk-through to assess any existing wear or damage. This will alleviate many disputes at the time of move-out. Make sure this is done thoroughly and ask for a copy for your records.

7. Make sure that you know all of the pertinent property information (utility info, garbage day, mailbox number, instructions for alarms, entry systems, sprinkler systems, homeowners association rules, etc.).

By collecting all of this information upfront you can eliminate several calls to your landlord over the first weeks of tenancy. When landlords receive a flood of calls from a new tenant they instantly start to think of that tenant as high maintenance. This puts an instant strain on the relationship and can set up future problems.

An effective landlord should provide this information for the same reason, but many do not. By collecting all of this at the time of move-in you can avoid that unnecessary contact.

8. Make sure that you know the exact process for contacting your landlord in case of any questions or repair issues. Every landlord is different and each has a process for dealing with tenant inquiries.

You are best served to ask exactly how the landlord would like to be contacted. Don't assume that texting or calling is the preferred or most effective option. By following the landlord's preferred process you instantly become "easier to work with" than the tenant who contacts the landlord by some other means.

Landlords are also likely to respond more quickly to those who operate the way that they prefer to operate.

During your tenancy

9. Pay your rent on time. That's easy enough when everything is going well, but what about when things are not? Your best option is to contact the landlord as soon as you see a problem arise, and work out an agreement to get on track. Very few landlords will want to evict a tenant who they believe honestly wants to pay but is having a short-term problem.

The worst option is silence. A nonpaying, noncommunicating tenant will and should be dealt with harshly.

10. Be reasonable with your requests. Most landlord-tenant issues that don't involve money center around tenant maintenance requests that they feel are not handled adequately by their landlords.

There are many cases where the tenants are absolutely in the right and landlords have neglected their duty to provide clean, safe housing. However, in many other instances the requests made by tenants are completely unreasonable, and by utilizing a bit of patience and thought these issues can be resolved reasonably.

Handle very minor issues on your own. Almost any tenant can replace a light bulb, furnace filter, or smoke detector battery. They can tighten a door knob or put a closet door back on its track. However, these types of tiny issues constitute a huge number of service calls and maintenance costs for landlords.

If you have small issues and can't handle them on your own, then wait until a larger problem arises that truly requires service and ask if those smaller items can be addressed as well at that time, saving multiple service trips. If you have a non-emergency issue, don't require that it be handled on an emergency time frame.

There are many factors out of the landlord's control that go into how quickly an issue can be resolved, including vendor schedules, time of day/week, weather, travel time, etc. Tenants need to take these factors into account and try to understand that your landlord wants to resolve your issues and wants you to be a happy tenant, as it is in their best interest.

Above all else, it's important to remember that you are ultimately dealing with another human being. If you are speaking with a property manager or maintenance tech you are dealing with someone who can choose to help you or ultimately push your concerns aside. Your goal should be to get your questions answered and problems resolved, not to make as much noise as possible.

By portraying yourself as an honest tenant, preparing yourself for your tenancy up front, educating yourself on your lease terms and rules, and making reasonable requests using the proper channels, it is very likely that you will have a happier and more successful relationship with your landlord and a more pleasant stay in your rental property.

Ben Holubecki is a licensed real estate broker and a co-owner of STML Realty Group, where he oversees the business development and leasing activities of the company. Founded in 2003, STML is a full-service property management and leasing firm representing more than 100 individual property owners and overseeing management of approximately 400 rental units throughout the Chicagoland area. Ben is a regular contributor to Buildium's All Things Property Management blog.

 

Wallace S. Gibson, CPM * GIBSON MANAGEMENT GROUP, Ltd.

Central Virginia

LandlordWhisperer

View our available Charlottesville, Albemarle and Lake Monticello rental homes online with photos and floor plans

"...to be a Virginian, either by Birth, Marriage, Adoption, or even on one's Mother's side, is an Introduction to any State in the Union, a Passport to any Foreign Country, and a Benediction from the Almighty God...." Anonymous

 

Form 1099s & Year End Statements

CPA and tax preparers are providing INCORRECT information on this procedure.  As a professional property manager, I appreciate information; however, my my clients' tax preparers are providing them INCORRECT information, it is puzzling.

WHY * as a property manager * do I have BETTER/CORRECT information on this process and tax preparers do not?

Inquiring minds!

Via Michael Monteiro (Buildium.com):

By Salvatore Friscia, San Diego Premier Property Management, San Diego, CA

For property management companies, the month of January signals a time to prepare and issue year end statements to their clients for tax preparation purposes. Consequently, each January the IRS requires that any taxpayers who have made payments in excess of $600 to workers that are not considered employees must prepare Form 1099 – Miscellaneous Income. Property management companies are also federally required to file Form 1099 for their clients regarding rental income received throughout the year. In addition, copies of this completed form must be provided to the IRS. The IRS compares the payments shown on the information returns with each recipient’s income tax return to determine whether the payments were reported as income and done so properly.

 

 

The filing deadline for Form 1099 is January 31, 2012.

 

The IRS also requires that you file a Form 1096 to identify all of the Form 1099s.

 

The filing deadline for Form 1096 is February 28, 2012.

 

Failure to issue a Form 1099 and file Form 1096 results in penalties and potential disallowances of deductions for those amounts paid. Thus it is imperative to comply with these filing requirements. In years past, SDP Management would spend a lot of time and resources preparing large bulky paper laden year end packages to meet these requirements. The packages, which contained printed year end statements and other tax required documents, would detail the properties prior year performance and provide necessary documentation for the client’s CPA or tax preparer. All packages would be carefully prepared prior to the end of January and mailed via snail mail (USPS) at a considerable cost. Well, the industry has advanced and those days are long gone. The advent of cloud computing and advanced property management software, such as Buildium, have allowed property managers to formulate numerous detailed reports and provide them via email in PDF format to clientele at a fraction of the cost and time. These reports also meet state and federal requirements. It has also allowed the tedious and many times misunderstood Form 1099 to be computer generated and scheduled for automated mailing. Not only is this convenient for property management companies, but it also allows clientele to continue forwarding the year end PDF report to their CPA or tax preparer regardless of where they are in the world. Don’t let 1099s and year end reports get you down, use January to focus on the upcoming year and not the past.

 

Wallace S. Gibson, CPM * GIBSON MANAGEMENT GROUP, Ltd.

Central Virginia

LandlordWhisperer

View our available Charlottesville, Albemarle and Lake Monticello rental homes online with photos and floor plans

"...to be a Virginian, either by Birth, Marriage, Adoption, or even on one's Mother's side, is an Introduction to any State in the Union, a Passport to any Foreign Country, and a Benediction from the Almighty God...." Anonymous

 

Rental Listings That Attract Bad Tenants * I see them on Craigslist DAILY!

Preaching to the choir here........I would rather NOT have the inquiry than have to weed out the bad apples....a DIY landlord is waiting for them to wave some CASH under their nose and get a key!

Via Nathan M (Rentec Direct Property Management Software):

I have numerous friends and family in the area that I regularly have property management conversations with.  The most popular recurring topics are usually around how long X property has been vacant, or how bad X person’s last tenant was.  The bad stories are always far more fun to tell, or at least more entertaining to listen to, it seems.  It got me thinking though, I rarely have bad tenant stories to talk about, and I never have vacancies longer than a couple weeks.  As such, my fellow landlord’s stories are always far more interesting than mine.  My friends and family always ask how I get so lucky.  Somehow I’m not entirely sure luck has much, if anything, to do with it.  After speaking with fellow landlords, and some of our rental software users I’ve come to the conclusion that the following listings and policies can account for most renter and vacancy issues.

It starts with the listing.  Do your listings set expectations appropriately?  

For instance, if your listing states that you do tenant screening, this immediately weeds out most prospects who know they won’t pass a background check.  Conversely, if there is no mention of screening required everyone who cannot get approved elsewhere is going to apply for your property, only to use your time and energy to ultimately be rejected when you do the background check.

Do you charge an application fee?  Almost every state allows it and it is common practice as it pays for your screening expenses.  If you do, mention the application fee on the listing.  This will weed out all the applicants that can’t afford a small application fee.

Eliminating unqualified tenants at this step saves you the maximum amount of time and money.  Instead of showing the property to unqualified applicants, you can focus on fewer more qualified applicants.

On to the application.  Do you let your applicants cheat?

Whether you do online applications or paper applications, the application should be thorough and ask lots of pertinent questions.  The most basic of questions should include full contact information, SSN (if allowed), birth date, employer, at least 2 most recent landlords, previous rental details, emergency contacts, employment information, and common questions about criminal felonies and bankruptcies.  All this information should also be collected for any additional adults that will be in the home.  A prospective tenant not willing to fill out an application entirely is not a serious renter and grounds for disqualifying the applicant.  Also, if any answers do not match what you pull on the background reports, that is an instant red flag.

Don’t be a pushover.

Do you get phone fishers calling asking about your properties, only to ask before they’ve even seen the property if you will take a lesser amount?  The correct answer to that question any time before an application is returned and the property has been displayed, is always “NO”.  Considering a rent concessions before you’ve met the people and before they’ve seen the property tells the tenant you don’t have much confidence in the property.  This leads to “can I pay rent late again this month”, and “I was really hoping it would be OK if my 12 cousins from out of town could stay just a couple more months..”.   

If however, after you’ve met the tenants, if they have already passed your qualifications and need a concession to close the deal, that is the time to make a concession.

 ---

Nathan is a member of Rentec Direct who provides property management software, tenant ach payment processing, and tenant screening for property managers and landlords nationwide.

 

Wallace S. Gibson, CPM * GIBSON MANAGEMENT GROUP, Ltd.

Central Virginia

LandlordWhisperer

View our available Charlottesville, Albemarle and Lake Monticello rental homes online with photos and floor plans

"...to be a Virginian, either by Birth, Marriage, Adoption, or even on one's Mother's side, is an Introduction to any State in the Union, a Passport to any Foreign Country, and a Benediction from the Almighty God...." Anonymous

 

Tips for agents listing properties for rent.

Gita makes a GREAT outline for agents who want to start doing rental listings for their clients.

I have IRS Schedule E forms when I do property presentations to show would-be landlords their increased tax advantages...

Via GITA BANTWAL, REALTOR,ABR,CRS,SRES,GRI BUCKS County & Philadelphia, PA HOMES (RE/MAX Centre Realtors):

Many sellers who have not been able to sell their homes are considering renting it out and some say they are happy if they just get enough to pay the mortgage. They list with the agent who has been trying to sell it. Some of these agents may not have a clue about rents in the market nor know about local laws . The agent should get help from their Broker if they have not had experience with rentals or refer their clients to someone who has experience with rentals.

There are listing agents who do not describe the property for rent . They do not know about laws for security deposit nor  do they know  what utilities are included.

Here are some tips for agents listing rental properties.

1. Take the same care as you would when listing homes for sale. Describe it well, take pictures, do comps and determine fair market rent.

2 Ask the owner what their monthly mortgage payments are and determine if it will be a negative cash flow. Will the owner be able to afford to pay the difference.? You do not want it to go to foreclosure .

3.If there is a homeowner's association find out if they allow properties to be rented out and the requirements.

4. Find out about local township laws. Many townships require properties to be registered and also require  use and occupance certificate.

5.Find out what utilities can be transferred to tenant's name and if there will be liens on property if tenant does not pay.

6.Make sure you know how to prepare the lease and that you know about laws for security deposit in your state.

7.In order to protect your client make sure there is a good rental application . Check out references.

8.Remember about Fair Housing laws and do not discriminate.

9.The owners should be adviced about maintenance issues and the lease should mention responsibilities of the owner and tenant.

10. Use the lease that is applicable to your state laws , provided by your association of Realtors,your  Broker  or State  association or an attorney and do not type your own lease.  It will be construed as practice of law without a license.

If you are a home owner looking to rent out your home or an investor looking to find tenants in Bucks,Montgomery Counties call Gita Bantwal at Re/Max Centre Realtors 215-343-8200x124 or direct 2152758491

Gita Bantwal is a Realtor with RE/MAX Centre Realtors in Bucks County, a Northern suburb of Philadelphia. You can view 1000s of listings on her web site www.GitaBantwal.com

She can be reached at 215-343-8200x124 or direct 215-275-8491 or via email gita01@aol.com

 Gita specializes in Active adult communities and is a Seniors Real Estate Specialist. She holds the ABR designation (Accredited Buyers Representative) and specializes in selling to first time buyers as well as move up buyers. Information about real estate market is deemed to be correct but is subject to errors and omissions and should be verified independently.. Opinion expressed by me or others  in my post and comments is not to be construed to be  legal advice.

IF YOU WOULD LIKE TO SUBSCRIBE TO MY BLOG         CLICK HERE

 

Wallace S. Gibson, CPM * GIBSON MANAGEMENT GROUP, Ltd.

Central Virginia

LandlordWhisperer

View our available Charlottesville, Albemarle and Lake Monticello rental homes online with photos and floor plans

"...to be a Virginian, either by Birth, Marriage, Adoption, or even on one's Mother's side, is an Introduction to any State in the Union, a Passport to any Foreign Country, and a Benediction from the Almighty God...." Anonymous

 

Glenwood Station Townhouse * Available Sept 1 * $1885 * 5 min to NGIC * 10 Min to UVA N.Grounds


Rental Home - Charlottesville, VA Townhouse rental,

> Click here for full details, additional photos, and an inquiry form <
Townhouse

979 Glenwood Station Ln Charlottesville VA 22901
3 beds/2.5 baths
$1885 / month
 



 
Gibson Management Group, Ltd.
Wallace S. Gibson CPM 

PO Box 106
Keswick, VA 22947-0106
 
Phone: 434 979 9723
Location information
979 Glenwood Station Ln 
Charlottesville VA 22901
Planned Community: Glenwood Station
Elementary School Zone: Woodbrook
Jr. High School Zone: Sutherland
High School Zone: Albemarle
Nearby College/University: PVCC & UVA
Driving Directions: 29N, R @ Rio Rd, R @ Glenwood Station Ln. Unit is down road on LH side
Detailed listing information
Remarks: 5 year old, 3-level townhouse w/2-car garage....unfinished area with storage, main floor with Living room w/FP, Deck, Dining Area and Large Eat-In Kitchen....stainless appliances and granite counter tops...large master suite and 2 good size bedrooms on second floor....24/7 fitness center, pool....adjacent to Fashion Square Mall - Walk to Starbucks, Fashion Square Mall, ACAC, restaurants, shops and cinemas....

Bedrooms: 3
Bathrooms: 2.5
Monthly Rent: $1885.00
Date Available: September 1, 2012
Lease Info: 12 months
Included in Rent: Trash
Deposit Payment Details: Leasing broker
Application Fee (Standard): $25.00
Sec Deposit (Refundable): $1885.00
Pets: Possible, with approval
Fireplace: Gas fireplace
Heat: Gas heat
Cooling: Central air
Community Features: Exercise room
Approx Square Feet: 2700
Dwelling Type: Townhouse
Property Description: City light views
Floor Coverings: Carpet
Hardwood
Window Coverings: Mini-blinds
Vertical blinds
 

Fair HousingAll listing information is provided by the managing or leasing agent, is deemed reliable but is not guaranteed, and should be independently verified. Information is © Copyright 1997-2012 HERO PM and individual providers of data, who are bound to a membership agreement. HERO PM and all their websites are interactive computer services. Unauthorized reproduction strictly prohibited.

 

Wallace S. Gibson, CPM * GIBSON MANAGEMENT GROUP, Ltd.

Central Virginia

LandlordWhisperer

View our available Charlottesville, Albemarle and Lake Monticello rental homes online with photos and floor plans

"...to be a Virginian, either by Birth, Marriage, Adoption, or even on one's Mother's side, is an Introduction to any State in the Union, a Passport to any Foreign Country, and a Benediction from the Almighty God...." Anonymous

 

One-Level Townhouse for Lease * Forest Lakes South * Charlottesville * Near NGIC * July 1 * $1395


Rental Home - Charlottesville, VA Villa rental,

> Click here for full details, additional photos, and an inquiry form <
Villa

2349 Ravenswood Court Charlottesville VA 22911
2 beds/2 baths
$1395 / month
 



 
Gibson Management Group, Ltd.
Wallace S. Gibson CPM 

PO Box 106
Keswick, VA 22947-0106
 
Phone: 434 979 9723
Location information
2349 Ravenswood Court 
Charlottesville VA 22911
Planned Community: Forest Lakes South
Elementary School Zone: Hollymead
Jr. High School Zone: Sutherland
High School Zone: Albemarle
Nearby College/University: PVCC & UVA
Driving Directions: Ravenswood
Detailed listing information
Remarks: One level Villa home w/1-car garage * Living Room w/Fireplace, Dining Area, Kitchen w/eat-in area, Large Master Suite and additional bedroom....easy walk to Pool/Tennis and Forest Lakes amenities & Hollymead & Sutherland schools

Bedrooms: 2
Bathrooms: 2
Monthly Rent: $1395.00
Date Available: July 1, 2012
Lease Info: 12 months
Application Fee (Standard): $25.00
Sec Deposit (Refundable): $1395.00
Pets: Possible, with approval
Fireplace: One fireplace
Heat: Gas heat
Cooling: Central air
Community Features: Clubhouse
Playground
Exercise room
Common area
Barbeque grills
Tennis court
Approx Square Feet: 1500
Dwelling Type: Villa
Property Description: Cul-de-sac lot
Floor Coverings: Carpet
Vinyl
Hardwood
Window Coverings: Mini-blinds
 

Fair HousingAll listing information is provided by the managing or leasing agent, is deemed reliable but is not guaranteed, and should be independently verified. Information is © Copyright 1997-2012 HERO PM and individual providers of data, who are bound to a membership agreement. HERO PM and all their websites are interactive computer services. Unauthorized reproduction strictly prohibited.

 

Wallace S. Gibson, CPM * GIBSON MANAGEMENT GROUP, Ltd.

Central Virginia

LandlordWhisperer

View our available Charlottesville, Albemarle and Lake Monticello rental homes online with photos and floor plans

"...to be a Virginian, either by Birth, Marriage, Adoption, or even on one's Mother's side, is an Introduction to any State in the Union, a Passport to any Foreign Country, and a Benediction from the Almighty God...." Anonymous

 

HI HARRY! MY TENANT HAS NOT PAID THE RENT IN THREE MONTHS. WHAT CAN I DO? HIRE A PROFESSIONAL PROPERTY MANAGER!

YEOW!  They do this in AZ too?  I had a similar call last week from a DIY landlord who kept saying she sent "a letter" when I kept asking her if her attorney had sent "a pay or quit notice"?  She did not get that she was doing it WRONG so she needed to get to a landlord-tenant attorney who can review what she has sent AND the lease she has with the tenant!

Via Harry F. D'Elia, Investor , Mentor, CSSN Radio Coach, REOs, Networker, ePRO, CDPE (Properties R Us LLC):

HI HARRY! MY TENANT HAS NOT PAID THE RENT IN THREE MONTHS. WHAT CAN I DO? ARIZONA PROPERTY MANAGEMENT

ARIZONA PROPERTY MANAGEMENTIt has been my experience that many Americans are still going through rough times when it comes to money and jobs. American Corporations continue to cut jobs to save money on the bottom line and improve operations. Is there something wrong with it? No! However, it does have repercussions on the local economy. Furthermore, many large to mid-size companies are not giving annual raises due to cut backs.

Many people believe that property management is easy. Really? I receive a call the other day from a husband and wife that are having problems of their tenant paying the monthly agreed upon. I spent 45 minutes on the phone. I was able to earn their business. I now manage a property with a tenant being late on the rent. What to do?

I politely ask the owners to send me over a copy of the WRITTEN and SIGNED lease when it comes to Arizona Property Management. I need to know the terms of the contract between the landlord and tenant so I can enforce them. Well, she sent me over several Emails explaining the terms of the agreement. However, I still did not receive a signed lease between both parties.

I phoned the owner to personally ask for the signed lease. She informed me that the lease was never signed by neither party. This means we do not have a lease. We have tenants leasing a property without an executable lease. WOW! We have people practicing real estate without a license. The tenant owes the owner about $3,000 in rent, late fees, and other expenses.

Properties R Us LLC only charges $60 per month per door when it comes to Arizona Property Management. This is the best deal in Phoenix, Arizona, when it comes to property management.

Meanwhile, I am in discussion with current tenant who is currently overseas until next month. We need to have both sides to sign a lease to we have an agreement between both parties. Are you covering your assets? Oh! The owners do not have this asset in a legal entity just their personal names. Surely, they are need of my expertise when it comes to Arizona real estate investing.

Please call on me when you need affordable Arizona Property Management! Only $60 per month

$3,000 owed by tenant/$60 per month property management=This money would of paid for FOUR years of property management. Make the call Today





Make the Call, Set the Plan, Do the Deal$!

Feel free to listen to my Radio Show to learn more about the phoenix real estate market, new trends, and the latest opportunities.  The Real Estate and Beyond Radio Show Airs every Saturday from Noon-2:00pm on Conservative Newstalk KKNT 960am in Phoenix, Arizona.  You can listent to past shows, or stream on-line.

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Phoenix Real Estate Resource Center

 

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Wallace S. Gibson, CPM * GIBSON MANAGEMENT GROUP, Ltd.

Central Virginia

LandlordWhisperer

View our available Charlottesville, Albemarle and Lake Monticello rental homes online with photos and floor plans

"...to be a Virginian, either by Birth, Marriage, Adoption, or even on one's Mother's side, is an Introduction to any State in the Union, a Passport to any Foreign Country, and a Benediction from the Almighty God...." Anonymous

 

Craigslist Rental SCAM ALERT! Victorville, CA * The PROS Know How to Avoid This!

You need to WATERMARK your photos...most of our CL SCAM listings come from our MLS website which has a tiny watermark in the corner.  My rental website host - HERO/HomeRentals.net - automatically watermarks photos which I can copy and use in a postlets html if I need to...YET another reason not to use MLS for rental listings!

Via Hesperia Real Estate 877-611-2288 Hector Reyes, Realtor DRE 01832572 (All SoCal Homes):

Today I got and email requesting information on one of the listing we have.

So I send the information to the the person who requested .

This is the Property in the MLS

 

Here is the craigslist ad

Please if you see an ad with no phone number and with a price to good to be true, craigslist scams in the real estate rental are very common.

 

This property could be rent for $1000 to $1300 and not for $750 per month

Fortunately they called me after receiving my email with the real information, but how many people fall for this??

you''ll be suprised! or maybe not!!

 

I was on the phone talking to the person lucking for the rental and advice her to call a local rental management, is safe and 99% of the time ends with a good ending

 

I don't do rentals so I gave her the number of our agent who does rentals.

 

If you are looking for a rental please meet the owner or their representative in person and please ask if the property is for sale as a short sale or if is on is way to foreclosure, because that is another scam that is been getting popular

 

Please if you have any questions call your Real Local Real Estate Agent and if you have any questions on the following cities, Adelanto, Apple Valley, Hesperia, Oak Hills and Victorville, Call me and I will try my best to help you

 

And remember if it sounds to good to be true... Well it might be!!

 

 

 

 

"Building Relationships One Home At A Time"

If you plan to buy or sell a High Desert home or property contact Hector by Email or call me at 877-611-2288. Put our record of customer service, real estate experience and state-of-the-art technology to work for you in the city of Adelanto, Victorville, Hesperia, Apple Valley or the entire Southern California Area.


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Hector Reyes, Short Sale Specialist
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Cellular: 714-231-9061 | Email: hector@findmyhouseonline.com |  
Website: http://findmyhouseonline.com |DRE Licensee: 01832572
All SoCal Homes | Victorville, CA 92392

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All information deemed reliable, but not guaranteed

 

Wallace S. Gibson, CPM * GIBSON MANAGEMENT GROUP, Ltd.

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