Friday, January 04, 2019 / by Harvey Rosenberg
Do you know when to call your building or property manager? Can you tell what constitutes an emergency and what can wait?
A good guideline to follow is that if the issue will cause immediate further damage, then it's an emergency. If not, it's a maintenance request.
Here are some examples to help clarify.
If the renter notices a continual water leak but can't stop the issue, it's considered an emergency. However, if the but the issue has stopped and only water damage repair remains, this would a maintenance request.
Especially during rainy months in Florida, there isn't much your property manager can do until the rain stops. Call or email management, but understand a fix may be delayed until the rain ceases. In that case, use buckets or towels to collect the rain and avoid further damage.
It's August and the Air Conditioning unit has failed. And while it's uncomfortable, this is gener ...
Friday, December 07, 2018 / by Harvey Rosenberg
We have a lot of beautiful townhomes and condos in the Clermont area, with more in construction. Many condos are also available in the Orlando area if you are looking to be closer to work. Deciding if a condo or a townhome is right from you comes down the differences in each type of property. The main differences come down to structure, common areas and amenities the homeowners association.
Structure of Townhomes vs. Condos
A condominium, or condo, is typically an apartment-style home within a larger building. Most often they are one level (no stairs or multi-levels within the condo.) The owners access their homes through a shared entry and hallway with other condo owners. While there are not many condos in Lake County, you do see these in the downtown Orlando area.
A townhome, or townhouse, is typically a row of connected, multi-level units. Townhouses often look like rows of houses sharing the side walls. Entry is through your own front do ...
Friday, November 30, 2018 / by Harvey Rosenberg
While every property management company is different in what they offer, there are some key responsibilities that every property manager and property management company should have in order to manage your rental successfully.
Financial & Marketing
The primary responsibility of a property manager is handling the finances. This means accepting the rent from the renter and distributing that to the owner. Financial responsibilities also include setting the appropriate rental rate to maximize profit, while not leaning a property empty with too high prices.
Financial can go beyond this to include assisting the owner with income tax, maintenance costs, and marketing strategies. If this is an important aspect to you as the landlord, make sure it's in your property management agreement.
The primary goal landlords hire a property management company is to manage the tenants. This goes beyond getting the rental occupied, though that s ...
Friday, November 16, 2018 / by Harvey Rosenberg
The holidays are a great time to discover all that South Lake County has to offer. The weather is cooler, the spirits are high, and there's no shortage of things to do! Here are a few things to look for in the Clermont area and beyond.
Light Up Clermont
Light Up Clermont is the signature event in Clermont, taking place the first weekend in December...or this year, November 30th and December 1st. The event is free and centers on the lighting of the lights in downtown Clermont. Activities begin Friday evening and vendors and food trucks line the streets. The following day, performances grace the stage near city hall and the holiday parade winds through the downtown area.
If you love parades, more holiday parades happen in the area in addition to the Light Up Clermont. Look for Groveland's parade on December 8th.
The city of Minneola will be hosting their premiere Moonlight Christmas Parade on Main Avenue on December 15th.
Shop Small Saturd ...
Friday, November 09, 2018 / by Harvey Rosenberg
The holiday season is upon us. With the hustle and bustle of Thanksgiving, Hanukkah, Christmas and New Years, it may seem like selling your home this time of year would be added stress. However, considering the tax benefits, among other reasons to have the house sold by December 31st may make it worth it. Here are 4 things to consider.
For the same reasons mentioned above, many homeowners don't list their house this time of year. Therefore, you're competing in a less crowded market. Buyers are looking in order to also reap the tax benefits before the end of the year. Why not list now? Additionally, many people have a 4 day weekend during Thanksgiving. After the turkey is done, consider having an open house that Saturday or Sunday. People are in a shopping mood that weekend and many homeowners don't host open houses.
We've talked about tax incentives and tax breaks a couple of times. Serious buyers know that in order to reap those ...