Posts Tagged ‘Rent’

PostHeaderIcon How To Raise The Rent At Your Investment Property

Being a landlord requires management skills, sales skills, and negotiation skills as you are constantly working with people (your tenants). One sensitive subject for both the landlord and tenant can be “How much is the rent going to be?” Once the tenant is living there, raising the rent is important but can be a delicate decision.
Keep in mind that you must keep your investment real estate business growing. To that end, you must keep your rents increasing at pace with the market and your rising costs. Raising the rent is simply part of managing your business smartly. Done correctly, it can be an easy and stress-free process.
Although every rental situation and each tenant/landlord relationship is different, I think raising the rent depends upon a couple items:
1. Is the tenant paying a fair market rent? If the rent is currently lower than market, it may be easy to raise it slightly as most tenants will realize they are getting a good deal where they are currently living. Plus they will not want to take on the added expense and time of moving.
2. When making your decision, ask yourself: “If the tenant decides to move because you are increasing the rent, can you re-rent the apartment for minimal cost and minimal or no vacant months?” If you increase the rent by $50 and the tenant decides to leave and you are left with a vacant $1200 per month apartment, was the increase worth it?
3. Consider that if you are increasing the rent in the spring, generally you can be more aggressive because it will be easier to re-rent that apartment in May than in December (at lease in colder climates).
4. If you are actively managing your lease renewals, you must be talking with the tenant 60-90 days prior to the lease renewal about their plans and any rent increases. This will give you time to re-rent the unit if the tenant chooses not not to renew.
5. Have the rent increase conversation with them verbally or in person. This will give you the opportunity to read their reaction to the increase. It is also more difficult for them to say no to your face.
6. If the tenant is hesitant about the increase, immediately see if they will accept the increase if you set the lease renewal to 18 months (locking their rent for that time) in exchange for the rent increase. This is actually an even better win for you as the landlord, as you have just locked them in as tenant for 6 extra months (and you got your rent increase).
7. When talking with your tenant, Use your best sales techniques to show them why they should both stay and accept the rent increase. At the end of the day, be honest. If the increase is related to increases in your costs, explain how your costs have changed. Most tenants can understand that taxes, insurance, or utilities do go up.
8. Lastly, if they are a great tenant consider simply leaving the rent at the same amount for another year. I would, however, let them know that you thought about a rent increase but “because they are such great tenants, you have decided to not change the rent for another year”. This will set up the idea in their minds that you did them a favor and will get them to expect a rent increase next year.
Having your rents keep pace with your expenses and market rents is an critical part of running investment real estate business. Although it can seem intimidating at first, if you just take your time and think through the process with each tenant, it can be a simple process when lease renewal time comes around.

PostHeaderIcon Renting Apartment in Odessa Ukraine. Travel Advice

Renting an apartment has become a great alternative to a hotel room for many foreign visitors and business people due to its convenience, space and privacy. In the article we would like to give some advice for travelers who are going to rent apartment in Odessa Ukraine. There are some facilities to which travelers do not pay attention when they choose and book apartment while these facilities may be very useful and make your staying in the apartment more comfortable. We’ll not discuss such facilities like freezer, electric cattle, oven or cleaning kit because it’s not easy to look for apartment without these facilities. We’ll discuss facilities which may be absent and offer solutions which can compensate the absence of these facilities. Location. No doubt apartment should be central located. It should be in the safe part of Odessa city center. In this case Deribasovskaya Street is the best solution. The problem is there’s limited quantity of apartments on Deribasovskaya Street and your attempts to rent the apartment on Deribasvoskaya may fail. Here’s the list of other Odessa central located safe streets where you can also try to look for apartment: Dvoryanskaya Street, Koblevskaya Street, Lva Tolstogo Street, Nezinskaya Street, Preobrazenskaya Street, Sobornaya Square, Pastera Street, Nekrasova Street, Mayakovskogo Street, Gogolya Street, Mendeleyeva Street, Vorontsovskiy Lane, Primorskiy Boulevard, Ekateriniskaya Square, Chaikovskogo Lane, Gavannaya Street , Lanzeronovskaya street, Krasny Lane, Zhukova Street , Grecheskaya street, Pushkinskaya Street, Ekaterininskaya Street, Reshilyevskaya Street, Bunina Street, Aleksandrovskiy Avenue, Zhukovskogo Street, Sadovaya Street. Internet. Definitely, internet is the most powerful source of information which maybe extremely helpful during your travel. Wireless internet is what you really need. There’s no sense to overpay for apartment which has cable internet connection because wireless internet is available in any place of Odessa city centre. Just buy Internet card in any Odessa shop, switch on your notebook, use information from the purchased Internet card to log in and you are welcome to use internet and skype everywhere.

On the safe side here’s the list of Odessa central located Internet clubs: Mouse Club. Address: Chaikovskovo 16 (Located behind the opera theater, slightly to the west). Internet Planet. Address: Rishelevskaya 58. eXe. Address: Malaya Arnautskaya 119

Submarina. Address: Preobrazhenskaya 49/51 (located North of Saint Uspensky Cathederal). Hacker. Address: Evreyskaya 57 (corner of Preobrazhenskaya and Evreiskaya, basement). “64″. Address:Pushkinskaya 64. Internet Club. Address: Rishelevskaya 67. Net-Center. Address: Ekaterininskaya 75. X-25 Club. Address: Gavannaya 7. Inferno. Address: Kanatnaya 79. Internet Club “Discovery”. Address: 69 Bazarnaya str. Internet Club “Angar 18″. Address: 52 Bolshaya Arnautskaya str. Autonomous hot water supply. Autonomous hot water supply. Odessa central heating system has problems with regular hot water supply. Therefore please, check if autonomous hot water supply is available when you are booking apartment to avoid the situation with the absence of hot water. Autonomous heating.”Is autonomous heating available?” Normally this question should be asked if you are going to travel in winter. Central heating may be not good in some houses of Odessa. This way autonomous heating may serve you quite well. Cable TV . All Odessa cable TV providers offer minimum 2 English speaking channels. Anyway, you’ll not miss CNN or BBC news. Cell phone Roaming is a good feature but it’s not so cheap as we would like. We recommend buying chip of Ukrainian National cell phone operator. This way you’ll pay 0.006 USD / each second. Air conditioner . Odessa has moderately continental and comparatively dry climate with a short mild winter and long hot summer (more than 290 sunny days in the year). Summer is long and hot with an average temperature of 25 Celsius. Temperatures above 35 Celsius are quite often. Please, judge yourself if you need air conditioner or not.

Such things as hair dryer and iron may also serve you good service. Small features but useful.

Here are central located restaurants which have comparatively cheap rates but good service and delicious meal:

Restaurant Kumanets. 7, Gavannaya St. Ukrainian themed dining taken to the extreme. Swashbuckling, country-style restaurant with hearty servings of sausage, dumplings, and lots of fresh vegetables. Open 11.OO-midnight. Good lunch will cost no more than 30.00 USD.

Restaurant Aliye Parusa. Corner of Deribasovskaya and Yekaterininskaya. Harking back to Odessa’s early days of tall ships and trade, with epicurean food and lots of drink. Open 11.OO-midnight. Good lunch will cost no more than 30.00 USD.

PostHeaderIcon Bulgaria Apartment to Buy or to Rent?

Finding an apartment in Bulgaria is easy—if you know where to look. You can definitely get the most for your money, and enjoy the luxury of an apartment with a great view if you are sure about what you want, and what part of Bulgaria you’d like to live in. Here are a few suggestions to help you find just the Bulgaria apartment you’re looking for.

First of all, be sure to do a little research about Bulgaria apartments. Determine how large or small you’d like the apartment to be, and whether or not you’d like the apartment to be furnished. You should also talk to your real estate agent about how much you’re willing to spend for a Bulgaria apartment, since the pricing for an apartment could range from $800-$1000 per month, $300-400 per week, or $55-$65 per day. Figure out which payment plan would work best for you, and then search for apartments that are realistically within your price range.

If you’re planning a visit to Bulgaria, renting an apartment may be a good idea. Depending on how long you plan on staying and how many people you’re traveling with, renting an apartment for your stay could help you save money, and put you close to the great sites and activities that Bulgaria has to offer. You can find holiday apartments in Bulgaria that are near the mountains, countryside, seaside, or near downtown, so you can choose whether you want to be right in the heart of the city, or closer to nature.

Before planning your trip or your move, there are a few additional ways to make sure that you’re moving into the right apartment. After figuring out your price range, be sure to see as many pictures of the apartment as possible, with and without furniture, to get a feel for the place and decide if you’d feel at home there. You may also want to talk to your potential neighbors to find out what the neighborhood is really like. Before making any final choice, be sure to talk to you real estate agent so that you can visit some of the Bulgarian apartments that may be ‘hidden’ in the real estate market.

PostHeaderIcon Finding A New York Apartment Rental

To say that the apartment rental market in New York City is tight is an understatement. If you want to find an apartment in Manhattan at a reasonable rental fee, you will need to give yourself plenty of time and use every means at your disposal. Manhattan is the center of commerce for the city and having an apartment in close proximity to where you work is a luxury that only a few can afford
However, Manhattan is only one of the five different sections or “boroughs within New York City. The other four are; Brooklyn, Queens, Staten Island and the Bronx. You can find apartment rentals that are lower than in Manhattan, but be aware that the further away you live from Manhattan does not automatically mean a lower rental fee.
Renting an apartment in New York City is a full time activity for many people, there are factors beside money that has to be put into the equation; there are apartment buildings that do not permit pets or who cater to a particular type of renter, i.e., corporate apartments or professional apartments.
There are ways to find an apartment rental without spending money to a middleman, such as a real estate broker or apartment rental service. You can use a variety of these methods together or on their own, the bottom line is getting the apartment you want, for the rent you want to pay, in the area of New York City where you want to live.
If money is a prime consideration when you are looking for an apartment, then steer clear of brokers, apartment rental services or any other paid service. Instead, you can go online and visit craigslist.org and find multiple listings for all types of apartments, usually the rental fees for these apartments are well below the apartments that are listed in the classified section of newspapers.
The classified sections of the major newspapers in New York City are full of apartment listings, but most of them are advertisements placed by a real estate broker or apartment rental service. Hint: look for the ads that say “for rent by owner” or “no agency calls”, which means you will be dealing directly with the landlord.
There are several apartment rental services that do not charge you a fee; they are paid by the apartment owner. Be careful here, there are too many horror stories from apartment seekers being mistreated by unlicensed individuals posing as business agents for non-existent apartments.
Another good way to find an apartment rental in New York City is to visit the neighborhood where you want to live and tour the area. This is a great activity for a weekend; you can get a sense of the atmosphere and find the neighborhood newspapers which usually have an apartment for rent section.
If you absolutely must use a real estate broker, choose one that has an office in the area where you want to live. A note of caution is required dealing with brokers, New York City has several laws that apply to housing, make sure to be prepared for your appointment at the brokers’ office.

PostHeaderIcon Self catering luxury beachfront vacation apartment to rent in Calis beach Fethiye Turkey with shared pool

The house is in the same at 5-10 minutes walking distance to the center of Calis. You can take the local transports passing by the complex every 5 minutes to all directions like Fethiye, Oludeniz (Blue Lagoon), Hisaronu, etc.

More info Click here

Features

House Type: Two storey apartment (First + top floors)

Bedrooms: 3 bedrooms, sleeps up to 6, one ensuite double, one double and one twin bedrooms

Bathrooms: 1 ensuite bathroom and one bathroom

Pool: 4 communal pools and kids’ pool, heated indoor pool, sun beds available

Garden: Large landscaped communal gardens

Lounge: Sofa & Settees, dining table & chairs, TV, Satellite, DVD Player

Kitchen: Cooker, Fridge, Washing machine, Dishwasher, Kettle, Toaster

Terrace: Terrace with garden furniture and BBQ

Other: Air conditioning in all rooms and lounge, Iron

Distances

Airport: 49 km, 40 minutes drive from Dalaman Airport

Beach: Beachfront house

Center: 500 meters, 10 minutes walk to Calis lively center

Markets: 200 meters, 5 minutes walk

Transports: 30 meters, 2 minutes walk to the road where local transports pass every 7 minutes

Fethiye: 5 kilometers, 5-10 minutes drive / public transport to Fethiye

Area Information

Calis Beach is a famous beach resort in the area, became a town centre its own now as it has got all. Calis Beach is famous with picturesque sunset, sea breeze and the 3 km long beach promenade. Restaurants, bars, shops, cafes and all for relaxing and fun are both along the promenade and in lively centre of Calis. The main town Fethiye is 4 km away. You can visit there for a difference, by water shuttle as well.Boat trips, Water Park, Water sports, Jeep Safari, Paragliding, Diving, Fishing, Sailing, Trekking, Horse Riding, and Sightseeing Tours are available in Calis. To discover more, numerous beach and entertainment resorts are available at 5-15 km drive, easily accessible by frequent local transports.

Services included

PostHeaderIcon Busting Some Common Apartment Rental Myths

Not sure if renting an apartment is right for you? Perhaps you’ve been scared away by some of the rumours (or so-called “facts”) you’ve heard about living in an apartment building? Well, despite what you may have read or heard, apartment living is extremely desirable, safe, and efficient. This article will “bust” some of the long-standing myths about apartment living. Just be warned – the realities might surprise you.

Myth #1: Nobody would willingly choose to live in an apartment.

Many people think that the “ultimate dream” is to live in a nice house with a garage, a big backyard, and the proverbial white picket fence. But is it really? Research conducted by the U.S.-based National Multi Housing Council (NMHC) shows that apartment living is steadily gaining in popularity – and that a surprising 40 percent of people living in an apartment do so by choice (and not because of their financial situation).

So, why would people choose to live in an apartment, even if they can afford a home? It’s quite simple, actually. Among other reasons, apartment complexes usually offer superior locations that are closer to workplaces and popular shopping centres, renters appreciate the lack of maintenance and repair responsibilities, and the freedom to pack up your things and move to a new location on a regular basis (as opposed to being tied down to a lengthy mortgage) cannot be overlooked.

Myth #2: Apartment buildings have high crime rates.

Many people think of apartments as havens for “undesirable” segments of the population and that these buildings are rife with drugs and crime. However, in reality, apartments actually help create safe and secure neighborhoods.

Much of the belief that crime is higher in apartment complexes is based on the faulty logic in believing that one apartment building is the same as a single “house”. If you compare the two this way, then yes, chances are there is more crime in an apartment than an ordinary household. But if you think of an apartment as dozens or hundreds of separate “houses”, you’ll find that the crime rates are no higher than they are in any other type of dwelling.

Furthermore, many apartment residents say they choose apartment living specifically because they feel more secure! With 24-hour security systems, “Lobby Watch” video cameras that can be monitored on your own television, intercom packages, and onsite superintendents, modern apartments are extremely safe. And with so many people coming and going, it is actually more difficult for criminals to act without being discovered.

Myth #3: Apartments contribute to a neighbourhood’s traffic congestion.

While there’s no denying that a single apartment building can be home to hundreds of people, it simply isn’t true that apartments generate more traffic congestion than other types of dwelling or neighbourhoods.

As a large amount of apartment residents are young professionals, students, and seniors (as opposed to large families), they average only one vehicle per family/household, as they are more likely to use public transportation to get around town. As well, people who rent apartments generate 30 to 40 percent fewer vehicle trips than the average single-family home.

Myth #4: Apartments increase local infrastructure costs.

While some people believe that apartment buildings put an increased burden on the community as a result of a local infrastructure costs, the clustering of apartments makes them substantially less expensive to service. It actually costs less, on a per-household basis, to provide public services to apartments, as they require few kilometres roads, sewers, and water lines.

If more people lived in apartments, instead of buying up new single-family developments (which require public services and utilities to be spread over a larger geographic area), more funds and resources could be used to support other areas of the community.

Remember, don’t let the myths fool you – when it comes to great locations, affordability, security, and minimal impact on local infrastructure and resources, renting an apartment is always an excellent choice.

PostHeaderIcon Apartments and Villas at Algarve – Lagos

ID: TER289Land at “Vale da Lama” 1282sq.m.- building plot with approved building plans for a Villa with pool, with lovely sea views from the bay of Alvor. Located in a new development, adjoining the Palmares Golf, the future 9-hole Golf and within 15 minutes drive from Lagos town centre and all local amenities.

ID: Bythesea1832 bed apartment in Marina with a room of 32m2 Excellent apartment with 2 bedrooms and two bathrooms, balcony with fabulous 27.5sqm, good finishing. Parking space with 22.46sqm (possibility of placing garage door), storage room. The apartment has an area of 135sqm overlooking marina and lake. Sold furnished and equippedThe Marina has 24 hour security, swimming pools, restaurants, bars and entertainment.

ID: Bythesea175Spectacular Quinta with 23ha Quinta Panoramica has sweeping rural viewsdown to the coast, to Luz and the Monchique mountains. The property has 23ha, two bore holes, 140 cork trees( aprox) and a fantastic 4 bedroom house, three bathrooms, central heating, high quality finishings,Sat tv, Internet and an income generating one bedroom apartment. The property has two separate historical ruins that have permission to be reconstructed. The property offers the oportunity to generate an income exploring it´s agricultural potential ( cork trees, etc.)The house was built on an elevated patr of the land and has more or less 300m2 + 200 metres of terraces.Are in excellent condition, fireplace, central heating, 2 kitchens, 4 bathrooms, garage, and more…

ID: Bythesea155Homes of Elite – “Rocha Tower” Homes of Elite – Apartments T1 / T2 / T3 and T4Excelence in finishing touches and versatility in creative equipments that at simple touch fit perfectely within all your everyday needs.Modern architecture and bold design in a luxury enviroment.Rocha Tower at Praia da Rocha is a unique space for you to live, spend your vacations and be in an enviroment that gives a new meaning to the word “Home”.Magnificent sea views: great sunny days in a natural setting of constant light.Interior design thought out within a filosofy that is based on the maximization of spaces and diferent topologies. All this to make the most out of the fantastic seaview and natural light that bathes Rocha Tower all year.These are the details designed to make youfeel good in your own house.With equipments like: pool with mini-bar, garden,main central square with water mirrors and game area, door-man, Reception area and parking among other services, leisure time will certainly be part of your new life at Rocha Tower.Inovative project located at Praia da Rocha, Portimão. All facilities located near you: White sandy beaches and crystal waters. Portimão Marina, Autódromo do Algarve (Algarve Racing Track), Shopping centers and sport facilities including plenty of Golf courses.

 

PostHeaderIcon Benefits Of Renting

While there are some renters who view renting an apartment or a house as a failure, there are others who see the benefits there are to be gained from renting a property as opposed to purchasing a property. Some of the benefits of renting include the ability to save money while renting for the purpose of purchasing a home, few maintenance requirements and the inclusion of amenities which the renter would not likely be able to afford if they were to purchase a home instead of renting. Although there are some negative aspects to renting an apartment, this article will focus exclusively on the benefits of renting a property.
The Ability to Save Money
Being able to save up a great deal of money for the purpose of making a down payment on a dream home is just one of the many great advantages to renting a property. Many homeowners were able to realize their dream of homeownership only after living in a rental property for a certain amount of time. Although renting is often criticized as throwing money away because it does not result in equity, the ability to save money while renting is unparalleled
Rent for an apartment is usually considerably less expensive than the monthly mortgage on a home. The home is also typically much bigger than the rental property but in cases where the renter is renting for the sole purpose of saving money, the value of renting cannot be denied. Depending on how long the renter stays in the apartment, they may save hundreds or even thousands of dollars during the course of the rental agreement.
No Maintenance Properties
Another advantage to renting a property is there is typically little or no maintenance required by the renter. This is especially true in an apartment situation. The renter may be responsible for small items such as changing light bulbs but more extensive repairs such as leaks in plumbing or clogs in drains are typically handled by the maintenance staff of the rental property.
Additionally common areas such as grassy areas or gardens are maintained by the maintenance staff. The exception is usually when the renter rents a home as opposed to the apartment. In these cases the renter may still not be responsible for small repairs but might be obligated to take care of items such as maintaining the grass.
Worthwhile Amenities
Another advantage to apartment living is often the amenities offered to residence. Such amenities might include usage of the pool, an exercise room, meeting spaces and a theater room. In most cases these amenities are offered free of charge to resident and their guests. Many renters who might be able to purchase a home would not likely be able to purchase a home with amenities such as a pool, fully equipped exercise room and a home theater.
These items are often considered luxurious and are not available in the majority of homes which are on the market at any particular time. In fact searching for homes which specifically have these features may severely limit the number of search results and may result in no search results at all when these features are searched in conjunction with a typical price range. However, those who rent can enjoy access to these amenities. They may pay more in rent than those in a comparable apartment complex without these amenities but they are also still likely saving a considerable amount of money each month as long as they are budgeting wisely and have chosen a rental property within their price range.

PostHeaderIcon Don’t Get Left Out in the Cold! Rent Now!!!

Record high occupancy rates are becoming a slight hurdle for apartmentites in finding a new place to live. If you love where you currently live, the pool, fitness center, closet space, and the neighbor’s dog—then by all means stay—you’re doing great. But if you’re thinking you might like a change when your lease expires— HEADS UP!

Vacancy’s down, occupancy is up. Why? Well you don’t have to be a brilliant apartmentite to clue into the fact that it’s still cheaper to rent than to own. Some journalists are making noise about a housing slowdown. Call me crazy, but when I hear “slowdown” I think of falling prices and that’s just not happening. House prices remain in the middle to upper stratosphere and that has more of us choosing (quite wisely in my view) to rent our homes.

Unemployment’s down, job growth is up. In fact, job growth in Texas, for example, is running at 2.4%. Doesn’t sound like much, but Economists get arrhythmia over numbers like that. Why? Well 2.4% job growth is actually twice the National average, and that’s sucking people there from other states. Bottomline: competition for apartment homes is getting stiffer.

So what? Well again, if you are happy where you are- congratulations and stay. But if you’re ready for a change: shop early and shop well. If you’re like me and have certain tendencies of the procrastinatory sort, this may not come naturally. Still it’s definitely the best thing to do.

So seize the mouse! Log on, tune in, and find the right apartment home for you EARLY! If you plan to move this winter, shop now. If you plan to move in the spring, shop now. It’s a free country, there’s no law that says we have to procrastinate. The point is

Apartment Home Living will match you with the right apartment home well before you need to move into it, so you will be set up!

In fact, now is a great time to shop because the winter months are the slowest months in apartments-for-lease-land. You’ll have a better chance of finding what you want. And while you’re out looking for your next apartment, don’t forget to look for signs of intelligent life.

PostHeaderIcon Second Apartment in Buenos Aires

Second Apartment in Buenos Aires -

WHERE BUYING A PROPERTY IS A GOOD INVESTMENT

Buenos Aires, the Paris of South America, is nowadays one of the favorite vacation retreats for contemporary travelers and a desired choice for foreign investors from all over the World.

People who buy a property in Buenos Aires will benefit from a real estate boom set to continue many years on. Buying a property in Buenos Aires is a firm investment, which will reward investors with outstanding capital gains in the near future.

Whether you want to buy a second-home and plan to keep it for a long time or would rather resell it to make a profit, you should consider Buenos Aires, where buying a property is a good investment. There are several reasons.

Buyers of a second home in Buenos Aires will benefit from the capital appreciation of 15% expected this year, the increasing cash flow from renting the property (8% to 12% annually), low maintenance expenses and a current low tax policy in property, among others.

Getting a property in Buenos Aires helps buyers to make a reasonable financial move. Despite a slight increase in prices, Buenos Aires apartments are still easy on the pocket compared to other countries.

A two-bedroom apartment in the exclusive neighborhood of Parlermo costs 130,000 US dollars. Excellent lofts and new urban developments in the trendy areas of Palermo Soho and San Telmo can be purchased from 80,000 US dollars upwards.

Acquiring a property in Buenos Aires – famous all over the world for its international cultural offer and amazingly wide-ranging nightlife – will enable the vacationers to try the most exclusive activities and taste the exquisite flavors of a contemporary vacation hot spot.

There are many structures being developed these days in the Argentinean star capital. This turns it into a great opportunity for investing and making good profits. Dozens of buildings that are under construction stand out in Buenos Aires. This phenomenon began shortly after the economic crisis started in 2001.

Buying a property in Argentina is an open process to overseas investors. Foreigners can purchase a property in Argentina without restrictions (except in certain national security areas). However, having an agent or consultant based in Argentina helps the second-home buyer in the property buying process.

Joyce E. Matt is a writer specializing in travel, real estate and luxury lifestyle. Click here for more information on Buenos Aires apartments for rent or Buenos Aires real estate for sale