Nationwide

Wed
16
Apr
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Communication On The Fly.

Flight 201 to tower, come in tower. Over. Flight 201 requesting assistance with turbulent landing. Over.
Tower to Flight 201, too much static. Say again?

Wed
16
Apr
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Tips for Rental Housing Owners

Tips for Rental Housing Owners
Researching frequently promoted tips for rental housing owners brought up a plethora of topics related to the functioning and financial survival of properties. Ultimately I want to narrow in on three different factors that I feel make the biggest impact on a smoothly operated building. Three business mannerisms which have been around forever but are now requiring methods of modern improvement are documentation, exceeding customer expectations and obtaining insurance coverage.

Wed
16
Apr
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Dupre & Scott Video Report: AVOID PILASTER DISASTER

AVOID PILASTER DISASTER Looking at archeological treasures makes it clear how important it is for apartment investors to set aside enough of a replacement reserve to take care of capital expenses. Because if you don't, we really don't think you will be able to charge tourists $50 to see your apartment ruins.

Wed
16
Apr
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Using Rental Criteria to Avoid Violating Fair Housing law

Using Rental Criteria to Avoid Violating Fair Housing law

April is Fair Housing month and a good time to brush up on ways to avoid discrimination claims.

One of the best ways to avoid discrimination claims is to have a list of the criteria you use when

evaluating a tenant. It is better to have objective criteria and use those than to compare people to

each other or use you “gut instinct” to evaluate if someone is qualified to rent from you.

It is natural for owners to want to compare prospects against each other. But BEWARE! Because

of Federal Fair Housing Laws this can get you in trouble. Here is an example:

A landlord puts a sign put in front of her duplex for rent. At 9:00 am Marie shows up with two

children, looks at the property and decides she wants it. While she fills out the application her

children run around the yard and are loud. At 10:00 a nice looking young man, Derek, shows up.

Sun
06
Apr
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ASK THE SECRET SHOPPER: Appointments

ASK THE SECRET SHOPPER

The value of setting up appointments from telephone inquiries has been clearly established.
Yet, it seems that the number of callers being converted into visitors is not always producing
a high percentage of rentals. A recent question submitted by a manager of a large apartment
community may shed some light on this subject:

Q: I know it’s important to set appointments from my phone contacts, but does it really matter who ends up giving a tour when the client arrives? I manage and lease out of a busy office and we all work together, but sometimes I wonder if we would have a higher closing ratio if each of us helped our own clients. What do you think?

Tue
01
Apr
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Exit Strategy: How do you know when it is time for you to sell or trade up?

How do you know when it is time for you to sell or trade up?

By Clifford A. Hockley, President
Bluestone and Hockley Real Estate Services

• Investment goals, do you have them?

Crazy as it may sound, most investors drive blind. They don’t have investment goals, they don’t have a monthly or annual review of their investments, and they don’t have an investment strategy. When you are looking to get off your investment plan you’ll need an exit strategy. Unless you can predict the future you’ll need to know where you’re going to get off on the right exit.
• How do life’s obstacles change our investment strategies?

Sun
16
Mar
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How To Find Property Management SuperStars…In 30 Days!

by Ernest F. Oriente, The Coach

Would you like to learn the secrets for finding SuperStars to join your property management company…in 30 days? Are you tired of placing ads and wondering why it takes months to fill a vacant position? Have you looked at your budgets for this year and considered how a few key SuperStars could impact your compensation bonuses? Follow the three steps in this article and your dream of having a powerful property management team will be 30 days away!

Sat
01
Mar
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Nearly Half of Renters and Landlords Show Incomplete Understanding of Basic Rental Laws

Confusion is high around laws regarding security deposits, early lease termination, according to a Zillow Rentals survey

Wed
19
Feb
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Tips for Rental Housing Owners

Researching frequently promoted tips for rental housing owners brought up a plethora of topics related to the functioning and financial survival of properties. Ultimately I want to narrow in on three different factors that I feel make the biggest impact on a smoothly operated building. Three business mannerisms which have been around forever but are now requiring methods of modern improvement are documentation, exceeding customer expectations and obtaining insurance coverage.

Wed
19
Feb
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LandLady Katie: Tax Time Doesn’t Have to Be Taxing

Tax time is here again and you should be aware that rental income isn’t the only way to make money when you rent a property. There are many incentives and tax advantages given to rental owners that entitle you to larger profits. Some of these money saving advantages are available monthly, and some of which are available annually when filing your taxes

Were you aware that often the entire amount of your property loan payment is tax deductible? This means that both the principle and interest payments made towards your property loan may possibly be deducted from your rental income. In addition, the interest that you pay on credit card purchases for your rental property is also tax deductible. As a real estate investor, you want the rental income to match as closely as possible to the property expenses to minimize tax liability.

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