Yukon

JUST ANOTHER BACKYARD YEAH RIGHT?

Here is another great reason to hire a property management company to deal with your rentals. Now, I have been hired by the owners of this home to deal with the existing tenant. The owners and tenants had a verbal agreement in place. Yes, I did say verbal agreement. It was not a pretty site.

So, I introduced myself to the new tenants as their property manager. They were quite angry at the owners for hiring me. We moved past that point. I scheduled a walk through to witness the condition of the home. Voila, a picture says a 1,000 words. I had one word when I saw the backyard "WOW!" The tenants told me that they would take care of the backyard.

Well, I will be touring this home without the previous tenants. The owners and tenants went to court this past week to reach a settlement. Both parties are moving on with life. We will be preparing this home for the next tenant.

Property R Us LLC for Ariznon Property Management $60 per door per month

INCREASE YOUR REAL ESTATE BUSINESS BY ANSWERING THE PHONE COME THAT SIMPLE

PICK UP YOUR PHONE! It still amazes me why most Realtors do not pick up their phone when someone is calling them. How much time and money do we allocate to marketing for people to call us for real estate services? We all know the local real estate agents in our area that do not answer their phone on the weekend. The weekend is when most people are out shopping for real estate. I always make myself available to answer the phone when people call me. Why? It is because this is the profession I have picked to make a living.

Here is a recent example of why I always answer my phone on the weekend. I have a listing in the nicer part of Scottsdale, Arizona. It is a very desirable area for many company executives. I had a buyer who called me directly to arrange a showing. I agreed to meet this person at my listing in the afternoon. I was on time and he was fifteen minutes late. However, he did call me to tell me he was running ten minutes late. I can tell this person was serious.'

The couple viewed for the house for about twenty minutes. They are looking for a home to purchase as a place to keep their employees when working in town. Furthermore, they would also stay at the home when in town. They asked me about another listing in the area. I informed them that I do know of that listing. I would be more than happy to show them. He informed me that he called the listing agent directly that morning. However, he would allow me to show him the home if that listing agent did not call him back. Here was my response

"You called me and I answered on the second ring. Would you like to deal with a person who is accessible or not?"

I have a showing at 4pm today.

I AM NOT GOING TO PAY THE LATE CHARGES AND LEGAL FEES PHOENIX PROPERTY MANAGEMENT

We have more and more people investing in real estate. Again, there are three main parts when investing in real estate from my experience:

1. Acquisition
2. Rehabbing the home
3. Property management

We can all agree that the first two steps go very fast. Step #3 requires a unique skill that many people do not possess. The landlord/tenant relationship can make or break a real estate investor. Everything is fine when the tenant pays rent on time each month. It is when the tenant stops paying rent for the following reasons:

1. Requested repairs are not being completed on time
2. Loss of job
3. Divorce
4. Family emergency
5. Police lock up tenant
6. Death
7. Pay rent last no budget restraints
8. Live pay check to pay check disruption in their life stop paying rent
9. Move out in the middle of night break lease for unknown reason
10. PLEASE FILL IN THE BLANK

I have one tenant refusing to pay late charges and legal fees because the rent was not paid per lease. Well, the tenant has been out of town for the last eighteen days and did not inform us. He has a legitimate reason beyond his control for being gone. However, that does not mean we stop paying the rent. Well, he got upset with me the other day when he received Eviction Papers. We have a court date this week. Everyone will get their day in court.

I believe this is where many people who do their own property management go wrong. They tend to understand the tenant and overlook the tenant's responsibilities. They tend to forgive them and move on with life. However, it is best to obtain the judgment. It is good for 90 days in Arizona. Then, there is plenty of time to work out a payment plan before the 90 days is up. If they do not pay, then we order the writ of restitution to have the constable assist us in removing the tenant from the home legally.

HIRE PROPERTIES R US $60 PER MONTH PER DOOR

ASSISTING REAL ESTATE INVESTORS ONE DOOR AT A TIME

Lethbridge SEO

Recently I had some SEO work done by a foreign friend. He wrote a couple of short articles and linked them back to a website which I own and to an internal page that deals with the subject of SEO. Here are the links to the short articles that he wrote. Not sure if they are yet indexed yet, but it is a great simple strategy.

http://knxmnow5.webs.com/apps/blog/show/8193130-lethbridge-seo

http://knxmnow5.weebly.com/1/post/2011/08/lethbridge-seo.html

http://knxmnow5.webnode.com/news/lethbridge-seo/

http://knxmnow5.livejournal.com/15317.html

http://knxmnow5.jimdo.com/2011/08/23/lethbridge-seo/

there are the 5 articles, I just wanted to post the links so that I can easily find them and refer back to them once they index.

As a professional in the field of Real Estate Marketing, I get asked almost daily… “How high can housing prices go in Whitehorse?” The reality is that there is no one simple way to answer this question. In fact several elements of the marketplace need to be examined prior to conclusions or predictions being made. Next time you’re out with your buddies or sipping on some wine with the girls and the topic of Whitehorse real estate comes up, keep this in mind… The simple straightforward law of supply and demand can be held largely responsible for the current state of housing prices in Whitehorse and the Yukon. One who lives in Whitehorse or anywhere in the Yukon for that matter knows all too well the direction pricing has gone in the last 10 or so years. Elevated demand, low interest rates and a strong economic outlook compounded with global factors influencing investor decisions to hedge on gold; we continue to see adjustments upwards in our housing market. The current trend of elevated pricing on homes in Whitehorse and throughout the Yukon compounded with a profound shortage of lots available to build on within the City of Whitehorse, and you have the multifaceted recipe for where the current market is situated today - all time highs! Although measures and strategies are in place to alleviate the shortage of lots within the City of Whitehorse, we are still months to years away from seeing the immediate impact on housing prices in the Yukon, if any at all! Interest rates are to remain stable into early fall and and our immediate shortage of housing will remain relatively unchanged leading into the new year. Growth projections are steady and demand is high. What does all of this stuff really mean...? In understanding what factors influence housing prices, and looking at historical data in similar regions one can better prepare themselves to make sound, prudent decisions that will help you in meeting your overall objectives. As a real estate professional I help to make sense of some of the issues most important to the purchase or sale of real estate in the Yukon - without unfounded opinion or bias in either direction. After-all, real estate is one of the most significant investments one can make in any market. For more information on market data specific to your neighborhood, please contact me today! Chris Meger Real Estate Agent RE/MAX Action Realty www.chrismeger.ca