By now you have read all that there is to read or watch about the “Virus” so I am not going to attempt to comment on that. However there will be an economic impact on the real estate community at large. And depending on the length of time that “self” quarantine continues will determine the size of the impact. So
there will be a percentage of rental customers that will truly not be
able to pay their rent on time. There will be others that will take
advantage of the situation to pay late or unfortunately not at all. And
there will be sales contracts that suddenly come into doubt and people
get cold feet so they begin to back off.. But know that we will be at our work stations taking care of business.
At the office, at home, or wherever the job takes us we will be doing
our jobs, maintaining relationships and doing whatever it takes to take
care of our clients and customers!
Everyone will be treated with respect but we will make all
attempts to follow the law and collect and close all in a timely
manner. Overall Americans are a resilient bunch and rise to the occasion when needed! We will do our part in a small way to keep moving forward and as much as legally possible to do “Business as Usual”.
After many years of managing and selling property my staff and I have
heard, seen and felt the blows of experience. And we are much better
for it! We have a multitude of systems, legal and professional
knowledge that we use to take care of our clients and help you manage
your real estate investments!
So power up and do not travel the same roads that we have traveled!
Hire a professional to help you rent or sell your real estate. Leverage
our experience to help you navigate your way!
To your success!
Robert
Do you have questions about
maximizing your return on your
real estate investments? I invite
you to call me and discuss your needs.
With many years in the business, I’m
confident our team can guide you in the
right direction. We help our clients
rent, buy and sell real estate in the
upstate of South Carolina.
Serving the Greater Greenville and Spartanburg area!
Call 864-395-6538 for more info on
how to make money in real estate!
Talk soon.
Thank you for your business!
We appreciate your referrals!
Emotional Support Dog
Over Thanksgiving my favorite dog Marley and his younger brother
Wally came to visit! My daughter, her kids and husband came with :).
Currently no animals live full time at our house. Empty nest…
So, the visit was great, the house was full once again! There was a
time when we had seven animals around! That’s right seven! This was when
my daughter came back from college before moving out on her own. So, I
am accustomed to plenty of animals plus we live in the country so no
big deal. And, most of them stayed outside all the time! (Even better)
Nothing says family and holidays like the sound of children and dogs! 🙂
So, in a way the doggy visitors were my emotional support for the
Holiday! It was great! Hope they come back for Christmas!
If you are renting your house as a “no pets” property you need to know the difference between a Service Dog and an Emotional Support dog!
A Service Dog is not considered a pet. It’s a device to help with a disability similar to a wheelchair. Since a Service Animal
is not a pet you cannot charge a pet deposit or pet rent. You may
refuse an animal if it poses a proven threat to health and safety of
others. ADA rules apply on renting to any handicapped person which is
asking for “reasonable accommodation”. *Note – Service dogs are always
going to be with your tenant so it should be pretty easy to spot the
need for the service dog.
Emotional Support dogs are in a different category. The
“Emotional Support” animal is at times used as an excuse to have a pet
in a “no pet” property. If suddenly there is a pet at your property,
and they claim that it is for Emotional Support you need to
request documented proof from your tenant/customer. A true emotional
support animal has been prescribed by a physician or licensed therapist
who should be happy to provide a letter stating such.(Always document
and verify, check with your legal pro and housing laws if needed.)
Our wish is that you and yours have a wonderful fun filled Holiday
Season and a very special Merry Christmas. Remember those less fortunate
and donate to your favorite charity or church.
To your success!
Robert
Do you have questions about
maximizing your return on your
real estate investments? I invite
you to call me and discuss your needs.
With many years in the business, I’m
confident our team can guide you in the
right direction. We help our clients
rent, buy and sell real estate in the
upstate of South Carolina.
Serving the Greater Greenville and Spartanburg area!
Call 864-395-6538 for more info on
how to make money in real estate!
Talk soon.
Thank you for your business!
We appreciate your referrals!
Is Real Estate Legal?
“Property must be secured” John Adams succinctly observed in 1790,
“or liberty cannot exist.”
Wow! So the practice of renting, buying, and selling real estate began very early in the USA. (John Adams was our 2nd President and helped write the constitution.) The first “professional certified licensed” real estate brokers began practicing the buying and selling of real estate in 1919. And the first “open house” occurred in Chicago for several weeks! (That agent was determined! :)) The craft of brokering real estate leases and sales has been practiced for 100 years in this country! During all of that time regulations and laws have changed and they continue to change each year. Each state has its own laws that are adhered to in tandem with Federal law. So yes the practice of real estate is VERY LEGAL!!!
“Be careful out there” make sure you know the law or know where to find the answers! We work with several good real estate attorneys and all of our agents are licensed.
We can help! With licensed professionals to help you rent, buy or sell your home! We will do our best to keep you legal! Call 864-395-6538 today!
To your success!
Robert
Do you have questions about
maximizing your return on your
real estate investments? I invite
you to call me and discuss your needs.
With many years in the business, I’m
confident our team can guide you in the
right direction. We help our clients
rent, buy and sell real estate in the
upstate of South Carolina.
Now serving the Greater Greenville and Spartanburg area!
Call 864-395-6538 for more info on
how to make money in real estate!
Talk soon.
Thank you for your business!
We appreciate your referrals!
|
Contact Us Phone: (864) 395-6538 Click HERE to rent, buy or sell today! www.housesandthensome.com www.htsrealty.com Email: property.htsi@gmail.com www.htsipropertymanagement.com www.htsrealty.com |
Investments for 2019$
It goes without saying that the stock market beat everyone up in 2018.. However it looks like 2019 is starting out better! Whew! Investing in real estate also has its ups and downs, some years are better than others. But if you buy right plus understand that it is a long game. You will be OK. Have you heard, you make your money when you buy not when you sell! Huh?
One of my mentor’s always said that people buy rental property for three reasons;
Cash Flow! Appreciation! Depreciation!
1. Cash Flow; An ideal Cash flow purchase is buying a property at a reduced price and renting it out for a high double digit cash on cash return or 12-18% return before expenses. This property is usually in a declining neighborhood and has a limited investment lifespan but the payoff is quick!
2. Appreciation; This is buying a property that is an appreciating neighborhood and location. It will cost you more going in but you know why your paying more. Your “profit” is evident in the form of your tenant paying for the property while it appreciates. (no instant gratification here)
3. Depreciation; When either of the residential properties above are rented they can be depreciated on a 27.5 year schedule. This gives you a nice break on your taxes. And it needs to be calculated into your overall strategy. (We suggest that you consult with your professional tax person on this one.)
Do you know why your buying investment property? Talk with us about your real estate investments when renting, buying, or selling we would like to help!
To your success!
Robert
Do you have questions about
maximizing your return on your
real estate investments? I invite
you to call me and discuss your needs.
With many years in the business, I’m
confident our team can guide you in the
right direction. We help our clients
rent, buy and sell real estate in the
upstate of South Carolina.
Call 864-395-6538 for more info on
how to make money in real estate!
Talk soon.
Thank you for your business!
We appreciate your referrals!
Best Practices for Renting/Selling
When it comes time to turn your rental property or preparing your home for sale what are the “best practices”? I always say it has to smell good and look good! What does that mean?
Exterior needs to look like you really care! Pressure wash, cut yard. Remove leaves. Freshen up landscaping! Pick up trash, make sure trash bins and other items are out of sight from the street. Front door, painted or wiped down. (You only get one chance to make a first impression) Storm door glass clean. Clean gutters, blow off roof. Your front exterior is the lead picture in your ad!
The home needs to be vacant and ready, meaning no leftover paint buckets or cleaning supplies left out or repairs still half…..done. Paint or spot paint as needed. Fix everything you can! Get rid of leftover furniture and declutter if selling. If it is feasible use a professional staging company. Just because you don’t want to throw something away doesn’t mean it’s going to enhance the value of your home! (This includes your garage) Donate it!!
Has to be clean! Really clean! Windows and baseboards clean! All spider webs gone. No dust or left over work residue on surfaces. (If you have work to finish make sure items are in a cabinet and out of sight, and finish the work quickly) Bath and kitchen need to be the cleanest! (if a property stays vacant for long you will need to refresh). A prospect will open the appliances every time so make sure they look stellar! New drip trays in the stove and no cracks in the flat top. Change out caulk in the tub if needed. Professionally clean carpets! Install shower curtains or liners in your rentals (first night people will flood your bathroom for you if you don’t). Install window blinds in your rental if you don’t want someone else using a hammer on your walls! (They are economical at Walmart) Everything should work properly including light bulbs and fixtures. (30% of people take the light bulbs when they move, sometimes even when they sell) PS – If you are buying or selling make sure you cover the chattels you want in your contract.
Practice what you know by making your house show ready to maximize value!!
Need help? Let us know! 864-395-6538!
To your success!
Robert
Do you have questions about
maximizing your return on your
real estate investments? I invite
you to call me and discuss your needs.
With many years in the business, I’m
confident our team can guide you in the
right direction. We help our clients
rent, buy and sell real estate in the
upstate of South Carolina.
Call 864-395-6538 for more info on
how to make money in real estate!
Talk soon.
Thank you for your business!
We appreciate your referrals!Some Articles You May Enjoy
The Difference Between LLCs, C Corporations, and S Corporations
www.biggerpockets.com
How Much Does Tenant Turnover Really Cost?
www.rentecdirect.com
What will the future hold for Cleveland Park? These conceptual plans could provide clues
www.upstatebusinessjournal.com
Four things you can do to rent or sell your vacant house!
The Superhuman real estate market has heated up until the toast is beginning to burn! Welcome to Greenville-Spartanburg SC! With all the building that is going on we should be able to, but we can’t find affordability! Are those days gone? Prices have gone up for 48 months straight. So buyers are taking a hiatus from the endless search for value and renters that can’t pay more are just opting out and staying put. Pricing fatigue.. It’s not always about the price for sellers and landlords, time is money! Vacant time is “big money”.
If you want to rent or sell in this market make sure you set yourself apart with:
1. Attractive Aggressive Pricing
2. Interesting Incentives
3. Flexible Pet Policy
4. Marketable Concessions!
Negotiate on the things that you can live with!
To your success!
Robert
Do you have questions about
maximizing your return on your
real estate investments? I invite
you to call me and discuss your needs.
With many years in the business, I’m
confident our team can guide you in the
right direction. We help our clients
rent, buy and sell real estate in the
upstate of South Carolina.
Call 864-395-6538 for more info on
how to make money in real estate!
Talk soon.
Thank you for your business!
We appreciate your referrals!Some Articles You May Enjoy
How to Invest in the Hottest Real Estate Markets and Still Cash Flow
www.biggerpockets.com
QUIZ: What’s Your Dream Home?
www.realsimple.com
Greenville Ranks 21 on Verizon’s Top 50 Small Cities for Small Business
www.upstatebusinessjournal.com
