When it comes to Property Management, you have to know your town. Your house is a small piece of the bigger picture that is the city it is located in. You should know what your city has to offer its residents. (more…)
Property Management 2.0 – Realtor Magazine
Paula Hess wrote an excellent article about the Increase in Single Family Rental Homes nationwide and the challenges that a Property Management Firm can face while dealing with a lot of single family homes. Another big take away for this article is how important it is for the single family rental owner (more…)
According to CNN.com, the number of foreclosures in 2009 reached an all-time high record. With such high numbers of foreclosures taking place, renters are often directly impacted. Despite the turmoil of a foreclosure, recent legislative changes provide tenants with several legal rights even if the ownership of a building changes hands. (more…)
Biannually it is nice to give your house a deep clean. Some call this spring cleaning. Take one Saturday every six months with your whole family, and give the whole house a proper deep clean. Some households may need more than one day and that is alright. Some families are larger than other. Appliances, windows, dusting every nook and cranny (including the basement), etc are all things that eventually need attention. (more…)
No one thinks about his/her patio or deck until spring, and sometimes it is definitely depressing! The patio concrete is old and tired looking, and there are ugly cracks that can no longer be hidden with furniture and planters. The deck stain that is only a year old is already fading and peeling, and the thought of power-washing, stripping and re-staining is not your idea of a pleasant several days of work. Sure – you can certainly hire others to take care of repairing old decks and patios, but the “fixes” won’t be permanent unless you are willing so spend a lot of money! (more…)
Dennis Norman with St. Louis Real Estate News, takes an interesting approach at determining the best area in the St. Louis Metro area to buy Investment Real Estate. By looking at the median rental rates and median vacancy rates and then comparing it to the median home value for each respective area, he determined a rent to value ratio.
A strange bit of human nature – in our homes, we probably spend the least amount of time in our bathrooms, and yet, when people look for a home to buy or rent, the bathroom is really important!
Perhaps it is the impression one thinks may be made to guests in his/her home; perhaps an owner or tenant simply wants an aesthetically pleasing environment for bathroom use. Bathroom renovations are a huge business, and they can certainly be pricey, but without major remodeling, there is no way to make a small bathroom larger. Other “tricks,” however, can be used in enlarging small bathrooms and adding value and attraction to a home. (more…)
Range Hood Filter Cleaning
Clean range hood filters. If you’ve never thought of doing this, you’re in for a real “treat” when you get that filter off the hood to clean it for the first time. The Family Handyman suggests simply using a degreaser from an auto parts store mixed with hot water. Let the filter sit for a few minutes, rinse it off, and you’re good to go. Some say a mixture of baking soda and boiling water is the key. Bring water to a boil add baking soda and when the fizzing (more…)