I recently had the opportunity to attend a local REIA meeting where the presenter was a professional staging company. A staging company will come into your renovated flip or rehab project and add furniture and design elements to help the buyer “see” the potential of the space. This has a huge impact on the buyers to help them imagine themselves living in that new home. It helps them figure out where the furniture will go, which wall the bed would […]
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Start building your power team before you need them. Think about the people you will need to run a successful Real Estate business and their roles on your power team. These are the people who you can leverage their time and experience to help build your business faster. The best part is that most of these team members do not require payment until after you have completed a deal. They will be paid from the profits. I am sure you […]
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Here are my “Top 10 Tips to get the apartment of your dreams”. We have been property managers for scores of landlords and property owners since 2001. From years of showing apartments and screening hundreds of prospects and rental candidates, I can tell you from first-hand experience these little details that I’ll share with you will go a long way winning over a landlord to want you to rent their apartment from them. We would truly hope that you have […]
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Landlords are just like everybody else. The latest and greatest bright and shiny object distracts us all from time to time. We are always looking for that new thing out there that will make our rental business run more efficiently. We are constantly looking at new software, revising our leases and rental agreements, and trying to change little things that can make a big difference in the final outcome of our bottom line. The constant pursuit of a better way […]
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It is always a good idea to end the showing on a positive note. So after you have filled out the application, given the copies of pay stubs, your photo ID and credit report if you have it, to the landlord. Then it’s a great idea so follow-up with a little note or text message about an hour or two after the showing. The daily details of managing properties may distract most landlords. A little reminder or thank you that […]
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I am always surprised at how many times when someone calls me about an apartment I have for rent, that they have no idea how much their monthly income is. It is vitally important for a landlord as the decision maker to be able to know that information as quickly as possible. Being prepared with the answer for “how much money do you make a month”, shows the landlord that you have done your homework, you know how much you […]
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I use caution when suggesting this tactic. Let’s face it, not all landlords are reputable. Offering to put down a holding deposit on an apartment is something I would always suggest if you truly loved the apartment. If you are 100% sure that this is the apartment that you want, then I would truly consider offering at least a half months rent to the landlord at the time of the showing. If you do this, then absolutely make sure that […]
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