Higher Rental Rates Could Be a Problem for Landlords?
It’s been a busy season for property management in Charlotte. The market is hot, activity is high, and rental prices continue to escalate.
So this sounds like good news in our arena! Higher rents, bigger profits for landlords, and faster turn-around times to fill rental homes is the new normal. Property managers are looking great! Everyone is happy!
Well, maybe...
Learn MoreGolden State Warriors’s Recipe for Property Management Excellence
The Golden State Warriors won the NBA Championship! They displayed a level of dominance that the league had never seen in its history by winning 16 out of 17 games in the playoffs. And in the only game the Warriors lost, the Cleveland Cavaliers had to set several offensive records to beat them.
How did they do it?
The easy answer is the players. They certainly have...
Learn MoreRental Home Marketing: Kim Kardashian or Jennifer Lawrence?
“There are pitfalls, lack of privacy, loss of privacy, and that’s not for everyone. For me, I can handle it.” Kim Kardashian (60 Minutes, October 2016)
“I teeter on seeming ungrateful when I talk about this, but I’m kind of going through a meltdown about it lately. All of a sudden the entire world feels entitled to know everything about me, including what I’m doing on my weekends when...
Learn MoreTrump’s Cabinet Means You Should Invest in Charlotte Real Estate
The stock market will always go up eventually. Historically, it keeps happening. Most wealthy people (aka the people who make the rules- check out Trump’s cabinet of billionaires) have much of their wealth tied up in corporate ownership (stocks). It’s almost a sure thing. If the stock market crashed and stayed down permanently, our country would be in mayhem. And the dollars...
Learn More“Rudy” is a Great Movie, Just Not a Great Rental Application
Rudy Ruettiger (aka “Rudy”) was the subject of a great movie in 1993 about his improbable story of getting into Notre Dame and then playing on their football team. It’s a true testament to the human spirit as he played high school football (not recruited), went to the Navy for two years, worked at a power plant for two years, and then after not getting into Notre Dame for low grades,...
Learn MoreThe Rental Bachelorette: What is She Looking For?
“I would just want someone who is genuine and makes me laugh and is my best friend and ultimately someone who is going to love me as much as I love them.”
Former Bachelorette JoJo Fletcher
JoJo apparently found that “someone” in the arms of NFL quarterback Aaron Rodger’s brother, Jordan, in the last season of the Bachelorette (so says the cover of a tabloid...
Learn MoreCash Bloodletting from Rental Home Subletting
A house on my street is a rental home. The owner had a long term tenant who always paid on time and was an agreeable guy. It seemed like a good situation.
However, every few months I would see moving trucks parked in front. I wondered if the tenant was moving out, but sure enough, days later I would still see his human-size dog running out his front door (as I would shield my...
Learn MoreLove, Kindness & Gratitude: Setting the Tone in Property Management
“Beloved, let us love one another, for love is from God, and whoever loves has been born of God and knows God. Anyone who does not love does not know God, because God is love.” I John 4:7-8
Man, it’s nice when people are nice.
We have a tenant, Monica, who just goes out of her way to be easy to work with. If we need her to do something for us, she does it. There...
Learn MoreBeing a Duke Hoops Recruit & Landlording: YDKWYDK
As much as I hate to admit it (being a UNC guy), Duke University is a worthy rival on the basketball court. A big part of that is their ability to recruit great high school players. They go after the best of them and have been very successful in landing them in Durham. Many of them were so good that they only played one year at Duke and then left early to play in the NBA for...
Learn MoreWesley Snipes’ IRS Case for Rental Home Inspections
Wesley Snipes is a great actor. Watching him in White Men Can’t Jump, Major League, and other films is some good theater.
But Wesley got some bad advice at tax time in the late 90’s. His accountants told him there was a loophole that would allow him to avoid $7M in taxes; in fact, he didn’t even have to file tax returns. He thought that sounded pretty good. And besides,...
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