PropertyManagementMaven

Rental Home - Charlottesville, VA Single family rental,

> Click here for full details, additional photos, and an inquiry form < Single family 1225 Hatcher Court Charlottesville VA 22903 5 beds/5.5 baths $3295 / month   Gibson Management Group, Ltd. Wallace S. Gibson CPM  PO Box 106 Keswick, VA 22947-0106   Phone: 434 979 9723 Email: cvillecpm@aol.com Website: http://VaHomes4Rent.com Location information 1225 Hatcher Court  Charlottesville VA 22903 Planned Community: Mosby Mountain Elementary School Zone: Cale Jr. High School Zone: Walton High School Zone: Monticello Nearby College/University: PVCC & UVa Driving Directions: 5th/Ridge St South over I-64, F at 1st Mosby Mtn entry, R on Hatcher Court Detailed listing information Remarks: LARGE Home minutes from Downtown * UVa Med Center & Pantops via I-64. Home borders on private, wooded area. Main Level has living room, dining room, large kitchen with family room opening to back deck. Lower level has been built out to include family room w/fireplace. Upstairs has 4 additional bedrooms with master suite with recluse area...2-Car Garage Bedrooms: 5 Bathrooms: 5.5 Monthly Rent: $3295.00 Date Available: July 1, 2012 Lease Info: 12 months Application Fee (Standard): $25.00 Sec Deposit (Refundable): $3295.00 Pets: Possible, with approval Fireplace: Gas fireplace Heat: Gas heat Heat pump Approx Square Feet: 5000 Dwelling Type: Single family Property Description: Borders preserve / public land Floor Coverings: Carpet Ceramic tile Hardwood Window Coverings: Mini-blinds   All 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.

I've been working with a local townhouse owner for several months on changing his HOA's by-laws which prohibit the 40 unit owners from renting their townhouses.

The project is adjacent to 2 similar townhouse units by the same builder with no such restrictions and several owners have rented their units in violation of the by-laws.

The unit owner circulated a petition to change the documents and when I met him for a rental management presentation several months ago, he indicated that the change to the by-laws would require that owners utilize a professional property manager to rent their units.

OK!  Smart thinking I told myself.

We had an appointment last Thursday to finalize the management paperwork when the HOA board president called me indicating that the HOA by-law change has hit a snag.  The HOA wants to "control" (his word) who goes into the units and they want to be involved in the tenant selection process.

This was not in the petition paperwork that I reviewed and their involving themselves in the tenant selection is a BIG RED FLAG for FAIR HOUSING!.

I offered to go to a HOA board meeting on Wednesday night and answer questions why the HOA should not be involved and the board president never confirmed the time and place with me for the board meeting.

After much thought, I e-mailed the townhouse owner and suggested that the HOA rules with regard to owners renting their units needs to be reviewed by an attorney and finalized before I wanted to be involved  and that IMHO * the unit owners should have been told the CRITERIA under which they could rent their units BEFORE they signed the petition.  

I applaud the HOA for acknowledging the need to allow owners to have their FULL rights as property owners; however, giving with one hand and taking away with the other may make the HOA even more vulnerable to claims of discrimination and violating tenant and applicant confidentiality if not handled properly.

This article from the news of Hesperia, CA is encouraging on several levels.

Property inspections for rental properties ALWAYS increases the landlord/property owner costs and are passed on to the residents.

While the original intent of these ordinances was to make sure that rental areas were kept up and that property values (tax revenue) did not decline because of the landlord's and/or tenants' neglect of their property, it has NOW been discovered that the LARGEST segement of these blighted properties are VACANT properties.

After 5 years, city employees tracked the properties involved with blight citations and found that the ones that were not being maintained were the VACANT (REO) properties where the "renting/inspection" process was not an option.

In other words, the money being spent on hiring MORE inspectors on the back of the landlord/tenant population was NOT solving the problem. 

I hope this ordinance is repealed and that they continue to be suspect as  the problem is not with investment property!

http://www.vvdailypress.com/news/hesperia-34552-rental-repeal.html

There has been a year long battle to DEfund military sponsorship of NASCAR race teams to the tune of $80m.

The Army sponsors the Stewart Hass #39 Chevrolet (Government Motors) of Ryan Newman and the National Guard sponsors the #88 Chevrolet of UBER NASCAR owner Rick Hendrick and driven by the most POPULAR driver for the last decade * Dale Earnhardt, Jr.

So what do Dale Earnhardt, Jr. and Rush Limbaugh have in common * just like Rush replaced his sponsors who left his radio show at the speed of a BIC pen click after his "slut" comment; JR will replace the National Guard as a sponsor BECAUSE the sponsorship comes with his appearance in commercials.

NASCAR will continue to honor the military and I don't see that NASCAR attendance will suffer if there are no military recruiters at the track.

I see SPONSORSHIP OPPORTUNITIES on two EXCELLENT NASCAR race cars with SUPER drivers and EXCELLENT team support.

I L♥VE California....so much so that  I did not turn the lights off when I left in 1993; however, somebody has turned the "moon beams" off for Gov Brown.

In an appearance on CBS this morning, he indicated that FACEBOOK was INVENTED in California - Not TEXAS and Not ARIZONA and Not NYC.

When it was noted in the interview that Facebook was actually "invented" at Harvard in MA as is seen in the movie, The Social Network, Brown noted that the "inventors" quickly moved to California.

Gov Moonbeam seems to be ignoring that NOW one of the founding "inventors" has renounced his US citizenship and moved to Singapore because it has a BETTER BUSINESS ENVIRONMENT.

http://www.washingtonpost.com/business/california-grown-gov-jerry-brown-mistakenly-touts-golden-state-as-facebooks-birthplace/2012/05/18/gIQAugnoYU_story.html

Real estate scams have been around for decades.  I bought a property management firm because a would-be tenant re-keyed the property and attempted to rent the home on their own.

I've known DIY landlords whose rental prospects want THEIR social security # to run THEIR credit.

Let's remember, the LANDLORD/PROPERTY OWNER is in charge....ALWAYS!

This is a great post and new or DIY landlords often forget that it may be their property and they have provided it to their residents with a "bundle of rights"!

Many do not realize that tenants TODAY are actually PROPERTY OWNERS in another location who can not sell and who want to RENT and be LANDLORDS and have even MORE tax/appreciation benefits!

When I first saw how the Chevy Volt operated, my FIRST thought was where does a "tenant" plug it in?  

Unless the tenant has a garage with an electrical outlet on their electric meter, why would a landlord/property owner want the electrical drain/cost just for the use of a few tenants?

A San Francisco landlord has said NO to his tenant plugging in his new Volt to an electrical outlet in the common area of the property.

http://abclocal.go.com/kgo/story?section=news/7_on_your_side&id=8655658

The use of the "common" of landlords electricity is only one issue, a 3 foot electrical cord in a common garage/parking area is an trip/fall issue that the landlord's insurance will certainly address with their first claim.

Since the government is subsidizing the purchase of the vehicles, maybe they should give a tax credits to landlords of tenants who purchase them AND indemnify the property owner for accidents caused by the electrical charging cords.

Detroit and the US auto industry has lost a true Icon.  Carrol Shelby died yesterday at the age of 89.

In addition to being a one-time chicken farmer, Shelby had numerous successful careers in and out of motor sports.

Few know that Shelby was one of the nation's longest-living heart transplant patients.  He received a heart in 1990 and a kidney in 1996 from his son.

Shelby also made MUSIC history when The Rip Cords wrote and performed their hit song * Hey Little Cobra