Showing posts with label monroe property management. Show all posts
Showing posts with label monroe property management. Show all posts

Tuesday, February 16, 2010

Move-in Ready?

Recently, I leased a Charlotte property to a lovely young couple with two small children. Although this was a great property, priced right and in excellent shape, it had been on the market for more than 90 days. When I spoke with the owner about a light cleaning, he questioned the need, since the house had been thoroughly cleaned just prior to placing it on the market.

While I understood his position, I also felt the tenant's request was not unreasonable. Even a house in pristine condition today may need some TLC in as little as 30 days. Unused toilets can acquire a water mark, dust settles, and floors have been walked on by showing agents and their clients. Any one of these issues is a tiny thing, but combined, they require attention.

I also look at this, and similar requests by tenants, as a positive indicator of the condition they will keep the property. Most times, tenant's high expectations result in tenant's high standards, all great for owners and Property Managers!

For a list of our current vacancies or information about our property management services, visit our website at http://cmrpropertymanagement.com .

Friday, February 5, 2010

Why Owners Should Consider Professional Property Management

Many owners come to us frustrated and disenchanted with their role as a landlord. Many have a problem tenant behind on their rent, others are just too busy with their family and careers to deal with the day to day issues of property management. Others have been sitting on a vacant property for some time and need help finding a tenant.

As professional property managers, we handle issues such as these every day. We know how to deal with problem tenants, up to, and including the eviction process. Because of our stringent screening process, we minimize the chance of a similar problem with the next tenant. We screen not only credit, but criminal and eviction as well. Past records of collections, write-offs and evictions are a strong predictor of future behavior. We also obtain employment and prior landlord verifications.

For owners that are just too busy to continue managing their properties, we are here to help. Our property management team includes professionals to assist with maintaining your property in good condition. Our experienced property managers coordinate routine as well as emergency repairs. No more calls in the middle of the night for you! We also closely monitor tenant payments. All rents are due on the 1st of each month and are late on the 6th. Late notices are sent the 6th of the month, with 2nd notices sent on the 10th. If payment is not received by the 15th, eviction proceedings are initiated.

Our property managers know the Charlotte, Waxhaw, Monroe, Concord, Harrisburg, Fort Mill, and surrounding area markets, and will do an in-depth market analysis to determine a fair rental value for your property. We will market your property to minimize the time it is on the market, thus maximizing your income. We have the know-how to reach potential renters and the experience to weed out potential bad renters.

For more information about the benefits of professional property management phone us at 704-405-0634, or visit our site http://cmrpropertymanagement.com .

Friday, January 29, 2010

Fluffy or Tiger or Fido, Oh My! (Allowing Pet)

When entering into a property management agreement with Carolinas Metro Realty, many owners struggle with the issue of allowing tenants to have pets. As someone who has pets, albeit outdoor ones, I can sympathize with their struggle. Fact of the matter is, we see very little damage caused by pets. Most tenants would no more allow their pet to damage a property than they would cause damage themselves. Although there are no guarantees, our screening of prospective tenants includes information from their prior landlords. High on the list of questions we ask the prior landlords pertains to pets.

Our rental contract with tenants requires a pet fee, determined by the number of pets. They key here is a pet FEE, not a pet deposit. The fee is non-refundable, even if there are no damages caused by the pet. Additionally, the tenant's security deposit could be used to cover the cost to repair damages, if any.

It is important for owners to realize that, by not allowing pets, we are immediately reducing the number of prospective tenants by at least 50%. i always advise owners that are hesitant to allow pets to make pets conditional, meaning that they can look at each individual situation and make a decision accordingly.

For more information on our property management services for Charlotte, Waxhaw, Fort Mill, Monroe, or other towns in the Charlotte area, or to view rental properties currently available in these areas, please visit our website, http://cmrpropertymanagement.com .

Wednesday, January 20, 2010

What Makes a Great Rental Property?

As a Real Estate professional concentrating on property management, I have the opportunity to see properties in all sorts of condition. Most owners understand that first impressions are everything, but many, for various reasons, fail to assign the proper value to putting a property's best foot forward.

In order for an owner's property to receive a prospective tenant's attention, it is extremely important that it appear "move in" ready. While a fresh coat of paint is great, many properties only need a touch up. "Move in" ready also means clean carpets and other flooring surfaces, making a great impact for very little money.

At the risk of stating the obvious, clean cupboards, counter tops, appliances, and light fixtures in the kitchen make a huge difference to prospective tenants. This creates a clean slate, so to speak, allowing the prospective tenant to envision themselves preparing a meal or entertaining friends there.

In the bathrooms, cleanliness is of paramount importance. Think "yuck", and you get the idea. Get rid of hard water stains in the toilet bowl and tub inexpensively by using a pumice stone especially designed for that use. Available in the cleaning aisle of your grocery store for under $5, this is a great way to make the bathrooms sparkle.

Don't overlook light fixtures, corners of rooms, baseboards, window ledges, and other mouldings when preparing your house for lease. A quick dusting of these areas is a great idea to help pump up your property's "WOW" factor.

If you are interested in our property management services, visit our website at http://cmrpropertymanagement.com for more information.