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Real Estate Litigations Require the Help of a Real Estate Attorney

real-estate-litigations-require-the-help-of-a-real-estate-attorneyAs Houston is an important nod in United States, the real estate industry has experienced numbers of litigation. Despite their reputations, lawyers are in many cases the only people who can protect you from real estate fraud or who can help you out in any real estate related litigations.
A Houston attorney specialized in real estate can provide a number of services which you are not qualified to handle or you don’t have the time to do so. Litigation is a complex concept and real estate litigation is no different. Real estate transactions are many times subject to dispute and the main reason is financial gain, loss, or compensation. Here is some information, outlining the actual aspects that a Houston real estate lawyer can deal with as far as real estate litigation goes.
• Fraud or non-disclosure defects conflicts which occur in various real property transactions
• Quiet title disputes which uses litigation to declare unsettled claims invalid
• Wrongful foreclosure by abusive lenders which may not have legal grounds for their action
• Conflicts with real estate agents or brokers who commit errors or abuse in certain circumstances
• Easement and neighbor disputes including conflicts over fencing, boundaries, and so other similar situations
• Zoning and land use disputes which are in most cases about wrongful law enforcement
• Enforcement of purchase agreements which must be initiated when one of the parties fails to complete the transaction
• Condemnation or eminent domain conflicts with the state wanting to turn private property into public domain
• Conflicts or disputes derived from the occurrence of Acts of God such as flooding, landslides, or subsidence
• Landlord-tenant disputes which are encountered more than often in the court of law
• Property damage disputes which need the assistance of a Houston real estate lawyer
• Private nuisance conflicts which are some of the oldest case laws in history

Estate litigation may occur between various entities depending on the type of transaction which led to the dispute. A good Houston real estate lawyer could prevent such litigations by supervising the transaction to start with. But in case a Houston attorney is not involved from the very beginning, litigation can occur.

Although sometimes it is too late, legal help is definitely required in most real estate litigations. If no argument will convince you to get a Houston real estate lawyer then remember what you stand to lose if you don’t win your dispute. In real property, the potential loss is huge just as the potential gain is. ThereforeFree Reprint Articles, all parties involved will struggle to have the best real estate Houston attorney representing their interests and winning their case. Real estate litigations are not to be left at the hands of luck. Action must be taken in order to reach your goals and the only solution is a real estate attorney.

How to Assess Any Real Estate With the Approaches to Value

how-to-assess-any-real-estate-with-the-approaches-to-valueThe valuation steps applied to create a supported conclusion of a defined value based on an analysis of applicable general and specific data. Assessment in creating an opinion of real estate value follows specific sets of processes that reflect 3 different methods. These include:

– Cost Method
– Direct Comparison Method
– Income Approach Method

One or more of these methods can be used in the assessment of real estate valuation. The methods to be used will rely almost entirely on the type of property being assessed or appraised; however may also factor in the use of the appraisal, the scope of work involved, and the data availability for the analysis.

Cost Method

The cost approach to assessment and appraisal is established by understanding the construction methodologies and property attributes related to cost. The cost approach is estimated by adding the cost of land to the current cost of construction related to all improvement on land, and subtracting depreciation in all improvements on the land. The construction costs of buildings would include a reproduction cost or a replacement cost of the same or similar like materials or systems. This approach works best when it used for the assessment of new or newer properties that are not frequently exchanged in the market. The actual costs are usually derived from cost estimator software, cost manuals, builders, and contractors. Note: The land would remain a separate value when using the cost approach.

Direct Comparison Approach

The direct comparison method to assessment of real estate is most useful when there is a large number of similar like properties that have recently transacted on the market or are currently listed on the market. Using this method, the assessment would come from identifying the subject with similar properties, called comparables (or comps). The sale prices that most identify with the subject would have a heavier weight on the value, oppose to one that is further from the subject characteristics. Most of the time the comparables would create a range of value, upon which; opinion must be used to find an exact value. Several elements or factors are used to qualify the degree of similarity between comparables and the subject. This would include: real property rights, financial terms, property conditions of the sale, post sale expenditures, location, market factors, physical characteristics, economic characteristics, use/zoning, non-real estate components of sale (chattels, fixtures). After the best comparables are set, a dollar figure or percentage is applied to the sale price of each property to estimate the hypothetical value of the subject. For instance comparable A has 1 more bathroom than the subject; therefore subtract $9000 from the comparable to hypothetically get the sale to reflect the same characteristic as the subject.

Income Approach

The income method to the assessment of real estate would be from an analysis of present value of the future benefits of property ownership. A property’s income and resale worth upon return may be capitalized into a current, lump-sum amount. There are two methods of the income approach; one is direct capitalization and the other yield capitalization. Direct capitalization is the relation between one year’s income and worth indicated by either a capitalization rate or an income multiplier. Yield capitalization is the relationship between several years of stabilized income and worth at the end of a specified period reflected in a yield rate. The most commonly used yield capitalization method would be the discounted cash flow analysis.

 

Most Important Real Estate Investment Instruments

most-important-real-estate-investment-instrumentsReal estate executors frequently require from me, what’s the most fit promoting device real estate? Indeed, provided that I had a money for every time I caught this inquiry, I could be on an excursion at this very moment! So what are the best equipped showcasing instruments for real estate? Well, I’m constantly speedy to express that you are your most fit real estate advertising instrument. Yes, you.The real estate executor perusing this piece.

I’ve headed off so far as to compose a section concerning the most unbelievably compelling real estate advertising instrument, which is the executor outdated.With the intention that programmable gets into the top-ten record of promoting apparatuses for real estate. Be that as it may what are the alternate nine? Here’s my catalogue. Every day in your business region, hundreds (potentially many home purchasers and venders turn to the Web for real estate info. Having a real estate web page is the first stride to joining with this best group of onlookers.What’s the distinction among a network presence and a home page? Bounty. An online presence is a grain of sand on an extended shore, with small trust of standing out in any critical method.

Be that as it may a network presence builds the chance individuals will identify you within the web based world. A net presence combines such things as the real estate online content, within the web based world press discharges, real estate blogging and different within the web based world steps. Your shots of bed. In an experience where such a variety of individuals utilize the online world of real estate explore, an unyielding net presence is an important showcasing device for real estate achievement.In my assumption, real estate web journals might be one of the most unbelievably adequate showcasing instruments for real estate executors. Particularly when they’re utilized legitimately. When you distribute value matter to a real estate site on a normal premise, you are expanding your network presence (said above). You’re additionally positioning yourself as a power in your region. The proposed are simply a few of the explanations a Journal construct an exceptional promoting instrument for real estate achievement. They can still be exceptionally effectual, specifically when mixed with some of the different showcasing channels on this page.

I regularly propose home-getting courses as a promoting device for real estate executors. No different real estate advertising method can transform a room full of potential clients, excited to catch what you need to express. Granted, there are more than enough logistics included, but the prizes typically exceed the endeavour. Home getting workshops are most drastically adequate as a real estate showcasing instrument when directed in collaboration (i.e., A real estate executor teaming up with a home assessor, contract master, and whatnot.It’s no secret that client referrals head in a mess of business in the real estate industry. So in this respect, referrals are a weighty showcasing device for real estate executors. Yet some executors neglect that the procedure hinting at an exceptional referral starts on Day 1 of the working association. Take great management of your customers from first contact to shutting dayFeature Articles, and you’ll tap into one of the most incredibly capable showcasing instruments for real estate–the client referral.

Getting the Seller to Sign Your Agreement

Getting the Seller to Sign Your Agreement

We have been talking a lot recently about how to locate great deals. When dealing with individual sellers I recommend following these steps:

· Make contact (advertising)

· Speak on the phone and set an appointment

· Negotiate the deal

· Due diligence

· Closing

In the above list, closing refers to actually buying the house. There is no turning back after you close the deal. In the negotiation process there is also a close. What I mean by this is getting the seller to agree to the deal and sign the contract. I want to talk today about how to actually close the negotiations and get the seller to agree to your offer. This will only come AFTER you have verbally agreed to the offer.

For some reason people get scared of this. I have actually been in the house with other investors when they had a deal but did not get the seller to sign (they objected to their own offer), that is crazy. There are many rules, especially dealing with pre-foreclosures that give the seller time to back out after they sign. The right thing to do is to give them this time but your chances are much higher if they sign a contract on the spot. Always, always get a written commitment when you can.

I never bring anything in the house with me so once we are at the kitchen table and ready for the paperwork I go over all the terms we talked about again and ask them if I should go get the agreements. It goes like this:

Investor – “I think we can agree to those terms. So you want to sell us your house for $90,000 cash and you want all your money within the next two weeks. Did I get that right?”

Seller – “Yes that is what we agreed to”

Investor – “I am sure that will not be a problem, does it make sense for us to go ahead and write this up on an agreement?”

Seller – “yes, do you have one?”

Investor – “I normally carry a few in the car. Do you mind if I go check?

Seller – “no”

Investor – “I will be right back. When I come back should I just come right back here or would you like me to knock again?”

Seller – “No don’t knock, just come back here.”

At this point you will go get your contract and come back in. Sit down and pull the agreement out. NEVER call it a contract because that word scares people. Go through the agreement and complete the blanks BUT ask the seller for input on every line you can. For example you would say “How is your name spelled? And is that how it is listed on title? What is today’s date? What is the address here?”

Even if you know the answers, ask as many questions as you can so they feel as if they participated in putting the agreement together. Once the agreement is done say out loud “it looks like I put my name here” and sign it. Pass the agreement and say “it looks like you put your name here”, at this point hand them the pen.

They may or may not read it. If they start to read it and it takes a while you need to become very reluctant. You will want to start asking questions like these:

“How is the school system?”

“When was the last time the roof was inspected?”

“How about the furnace?”

“I noticed a problem with ___________, how long has it been like that?”

As you ask questions, especially ones about the house, they will want to sign it quicker. They don’t want to lose you as a buyer. I am OK putting pressure on them like this because they have time after I leave to review everything. You might even tell them to call you the next day if they have any questions about the agreement.

Be upfront with them as you go through the agreement and explain things that they should know, like the inspection period, what they can expect in closing costs, etc.

After you leave get your financing lined up and do your inspection and due diligence. If anything comes up that will cause a delay or a reason for you not to buy the property, call the seller right away. It is also a good idea to call every week or so leading up to the closing letting them know you are excited to work with them. Give them updates on the progress with closing.

I don’t want to hear about anyone going into a house negotiating a great deal and not getting an agreement signed. Follow these steps and grab your next great deal.

 

How to choose the right scaffolding

How to choose the right scaffolding
While buying an access equipment, it is of prime importance to opt for the right kit for the purpose. You should not just go for a budget buy or anything that will do the job. While purchasing an equipment which is considerably cheaper than other options in the market,it is not a great ideaas it not provides the required safety and durability.

There are multiple factors to be considered while choosing the access equipment. Following are listed some factors which can guide you in choosing the right scaffolding:

Safety First

Without any doubt, scaffolding isone of the costliest kit that you may invest in. There are also valid reasons for the same, likethere are much materials, features, and thoughts that are required to createa scaffolding structure that is reliable, durable and safe.

It is always required to go for a scaffolding which meets all the European safety requirements as a wrong choicecould cost life.

Identify your requirements

People must have a clear idea about the reasons for which they need a scaffolding as that will help them in finding the right form of scaffolding as per their requirements. Different types of construction purposes have much different needs with different available scaffolding options for each type of job.

It is wise to go for a scaffolding which is sturdy enough for supporting not only the weight of the operator, but also the additional weight of helpers and equipments.

Consider the working height

The scaffold towers available in the market have clearly highlighted dimensions, which can be used to gain assessment about the type of tower that will provide therequired working height.

User error is also the cause of many accidents, other than scaffoldingdefects.So you must consider the height whether you are looking for a scaffoldingin Kettering or a scaffoldingin Huntingdon.

How My Career In Real Estate Helped Me Grow As A Person

How My Career In Real Estate Helped Me Grow As A Person

As a kid, I would read books and write strange poems for hours on end. I didn’t have any siblings and my cousins and I would only see each other during the holidays so I learned to enjoy my own company. Although I didn’t have troubles making friends as I grew up, I was always known to be the reserved one in the group. Only my inner circle knew how I am like once I’ve loosened up, but for the rest of my acquaintances, they’re clueless.

After college, I knew what I wanted to for a living: writing, of course. I got a job in a small BPO company and wrote for a travel website based in a foreign country. I was tasked to create 20 write ups a day and while it honed my writing skills, I eventually felt drained and constantly dragged myself to work. There were days where I would stay extra hours in the office because of my unfinished write ups, as if I lost interest in my passion. Then I thought, maybe I’m not meant to be locked up in an office? Maybe I do need to get out and meet people? I love writing, but maybe there is something better for me out there. The thought of stepping out of my comfort zone was terrifying and exciting at the same time and when one of the country’s leading real estate developers contacted me for an interview, I didn’t have any second thoughts and grabbed the opportunity right away.

Now, I’ve rounded up a list of reasons how my career in the real estate industry helped me grow as a person, both emotionally and mentally.

1. New skills

I was hired as a copywriter, but prior my recruitment, I was made aware that I was also going to perform other tasks outside my job description. This includes training, sales agents, assisting with events, and more. Mind you, there’s a reason why I am a writer, I’m not the type of person who is comfortable with speaking in front of large audiences. Never in my whole life that I’ve thought of myself speaking in front and even worse, teaching other people. Although I am aware that I still have a lot to improve on, I am more than willing to learn and expand my proficiency.

2. Fast paced and shifting environment

At my previous company, I usually finish 20 write ups before 5:30 and leave right on the dot. The job was pretty light, especially for those who love writing and are looking for a job that can provide them work and life balance. While I like the idea of going home early and honing my writing skills, I eventually got tired of the routine and found myself dragging to work every day. In real estate, no day is ever the same. There are moments where I would start my day writing articles and end up at a project site in the evening. Ever since transferring to this industry, I’ve learned to love the extra hours I spent in the office.

3. Interaction with different people

You probably know by now that I am more of an introvert, although I have different circles of friends, I love my alone time and need to be isolated once in a while. In my current job, I’ve been exposed to different types of people from different aspects of life. I’ve trained and facilitated revalida for agents as young as 20 years and old to 38 years old. Not only that, I’ve also interacted with people who are fresh graduates, bachelors, and businessmen. With this experience, I became more flexible in socializing with different people.

4. A positive corporate culture

Culture refers to the values and outlook of employees in the company. Every organization, from small businesses to large establishments has this. While my previous job offers competitive compensation, they also have a high turnover rate. Before I left, three of my teammates already filed their resignations and because the company was at risk of losing more writers, they attempted to counter offer me.

Did I take it? Obviously, no. At that time, my mind was made up, I wanted to leave no matter how much they would offer me. Why? Because I can no longer find the motivation to go to work, I would drag myself to the office every morning, leave my station right on the dot, and find myself struggling to finish tasks that I once found easy to accomplish. After 6 months, I no longer enjoyed going to work and I refuse to wallow in my misery for any amount of money.
Today, I’ve been working for this real estate developer for over 6 months now and I can truly say that I can see myself working for this company for many years to come. I enjoy the company of my colleagues, always find a reason to smile and laugh, and also find my efforts acknowledged and appreciated. Now, if you think your values align with what I listed above, I highly advise you to try your hand in the real estate industry. Who knows, it might finally be the way to uncover your life’s calling.

How Do You Find a Reputable Estate Agent

How Do You Find a Reputable Estate Agent?

Anyone that has tried to buy a house knows that it can be complicated to deal with a real estate agent, although there are some great agents out there. One of the most important things when it comes to selecting an agent, besides doing background research and finding out whether their other clients have liked them or not, is finding a real estate agent that is easy to get a hold of. If you find a property that you really like, you may have to jump on it and make an offer as soon as you can. If you can’t seem to get a hold of your real estate agent, this could pose a problem, and you may end up losing the home that you have fallen in love with.

Luckily, there are some easy ways these days to really find out whether a real estate agent is worth hiring or not. There are sites that let clients and customers post reviews, as well as log ratings on their overall experience with various real estate agents. This is something that each and every person should check out, especially if they are serious about finding a home as quickly and easily as possible, while locking in the best property suited for them. Reading through what other people have to say on these review sites should point you in the right direction of a great real estate agent in soho, so don’t skip on this step. Once you find a handful of real estate agents in W1, it is also a good idea to look up the company that they work for, as this can also give you some insight into which company may be best. You should also give each real estate agent a call and see if you hit it off with them over the phone, although you can also meet them in person.

It is a great idea to try to find a real estate agent that you personally vibe well with, as this can make the process a lot smoother. Keep in mind, whoever you select, you are probably going to be working with them for quite some time. It can take months and even years in some cases, especially if someone is really picky about the home they are trying to find, so you may be working with this specific individual for a long time. Another thing to think about is the fact that there is a lot of information online in terms of locating properties. Utilizing the listings that are on all sorts of websites, you can usually find a home that is suitable to your needs a lot quicker by searching online and showing your estate agent homes you like.

How are New Projects in Ambernath Helping in the Development of the Area

How are New Projects in Ambernath Helping in the Development of the Area
The residential properties in Ambernath from Empire Centrum has already garnered a lot of positive reviews for its one of a kind concept of building a township that is at par with the international standards. The project is divided into residential sector, new industrial projects in this region and commercial sector and the overall planning of the township has been accomplished with meticulous details. Each of the various sections has its own attractions and they have already generated interest among national and international buyers alike, fitted with all modern amenities that a township can aspire towards.
The new projects in Ambernath in this project have attracted a lot of attention already and most of the top names have already allocated spaces for themselves. The residents in the area will have access to some of the top names of the area and this will enable them to live a lifestyle that they have always wanted but at much lower costs. The adjoining areas have already seen a lot of development and the entire ambience of the locality has been uplifted. Special care has been taken to keep the ecological balance of the place, something that is hardly seen anywhere.
The industrial sector has seen a burst of micro industries that will help in keeping the overall balance of the area, a healthy combination of big and small enterprises. Those who live here will have the luxury of working in world class office complexes and then returning to their homes which are located in the same complex and with affordable housing options. The industrial galas in Ambernath are the perfect way to make these projects known to the people at large and that would mean more exposure for a project of this dimension as it would only enhance the lives of the people for the better.

New Solution for your Real Estate Business – PG Real Estate ‘June.2009’edition – has been released

New Solution for your Real Estate Business – PG Real Estate ‘June.2009’edition – has been released!

Recently Pilot Group LTD has released new version of their software product PG Real Estate Solution. The product is turnkey multilingual Real Estate website script for Real Estate professionals. It is a perfect solution for powerful Real Estate Portal (property lease, rent and sale marketplace), Independent Realtors and Real Estate Agencies.
The new version demonstrates Pilot Group cares about their current and future customers constantly working on PG Real Estate solution improvements; their team of real estate web designers and programmers use their experience in integrating latest trends of the industry.
What’s new? Let’s start with Virtual Tour. The new feature allows to create panoramic tours of the property composed of panoramic images. As is known, listings with linked virtual tours receive as much as 40% more views than those without virtual tours!
When you search for a property to buy or rent, neighborhood acts as one of the most important factors influencing on your decision. New Google Maps feature – local amenities – will allow you to view what is available nearby – schools, shops, theatres, gyms or anything else. ‘Driving directions’ option provided by Google Maps will create a road trip for you from your location to the property you are interested in.
When you manage quite a lot of listings, it may be time and effort consuming to enter each property’s detail manually. Now it is possible to import or export listings from the site in a .csv file! Even more, it is now possible to syndicate listings with major Real Estate Search Engines such as Zillow, Trulia, Google Base and more! More people will see your listings. More traffic will come into your site. It’s automatic. It’s free. Your clients will be happy to know their listing is seen by hundreds of people every day. This ensures that potential buyers can find and review your site properties and listings nationwide from your real estate website.
The list of features does not stop here; these are just some of their latest improvements. There are a lot more other features available for you to play with. You can visit online demo of the product or request a free trial Pilot Group provides. Summing up, it is worth mentioning that support in the company is lifetime free 20 hours per a day. PG Real Estate Solution looks like the best solution for a Real Estate Professional!

About Pilot Group LTD
Pilot Group LTD – is an I” company which since 2000 has been successfully working in the international market of software development. Main business directions are: ready-made software development for social networking, dating, real estate, e-learningFeature Articles, jobs search industries; new projects development on a basis of existing software products; online support of its own solutions. Pilot Group LTD clients are foreign and native companies.

How is Empire Centrum Transforming Real Estate in the country

How is Empire Centrum Transforming Real Estate in the country?
When it comes to real estate, all the builders mostly think about their own profits but seldom does a builder come up that is solely committed towards the well being of the people they are working for. Empire Centrum, with its commercial property in Ambernath would be responsible for the creation of hundreds of jobs within very close proximity of the main city. These projects are sure to change the way in which the real estate market operates in India because they would be bringing a township which would have industrial and residential quarters at very close proximity and would eventually merge the gap between the two as both of them will be part of the same complex.
This has been done in keeping with the well being of the residents as the project boasts of hundreds of acres on the land that is filled with greenery. What use would be the use of open spaces if one does not get the opportunity to roam on it or play there with their children? As the industrial projects in Ambernath are located close by, it would be very easy for the residents to finish work and return quickly to their homes and family without having to spend any extra time on the commute. The entire complex is a gated community with everything from markets, cinema halls, shopping malls and hospitals, all located very close by. On the other hand, the entire complex is very well connected to the main cities nearby through rail and road that makes commute very simple when the need arises.
For the low income groups, even 1bhk flats in Ambernath are available because the developers believe that it is high time the wall between the have and have nots be broken and everyone gets a fair chance at luxury living.

Land Pooling Policy, the Need of the Hour to Propel Master Plan Delhi 2021

Land Pooling Policy, the Need of the Hour to Propel Master Plan Delhi 2021
Urbanization in Delhi has created many opportunities but at the same time posed certain challenges. One of the biggest challenges faced by the capital city due to rapid progress and development is burgeoning population. People from small towns and cities often migrate to Delhi in search of jobs. As a result the present population of Delhi is 1.7 crore. By the end of the year 2021, the population might reach 2.5 crore. The present infrastructure provides housing to only 1.5 crore people. How will Delhi Development Authority create infrastructure which fills up not only the existing deficit but also accommodates 80 lakh more people.

To save the situation from getting further aggrieved, a Master Plan Delhi 2021 is formed. The vision of this plan is to recreate Delhi in a manner that it provides homage to 10 million people. The biggest question which arises here is, will Delhi Development Authority alone turn the vision of MPD 2021 into a reality? If one looks at the record of DDA since its inception, it has created only 4.5 lakh housing units. How will DDA alone create 14-15 lakh housing units in such a short period of time? The answer is NO and therefore DDA has come up with a land pooling policy, more popularly known as LPP.

LPP gives farmers an opportunity to come up with small parcels of land and get them assembled together for redevelopment purpose. Once the land is developed, 48-60% of the land is returned to the land owners. Whole Delhi divided into 15 zones, of which six zones come under LPP. The greatest among these six zones is L-Zone, Dwarka. Around 4-5 lakh housing units can be developed alone in L-Zone.

LPP, if implemented can generate 20,000-25,000 hectares of land. The policy has the potential of redeveloping low residential areas and propelling the vision of both MPD-2021 and Delhi Smart City.

The benefits of LPP are multiple:

The policy will put an end to the land acquisition policy which will further prevent the increase in land prices. Land acquisition policy had no transparency and farmers were substituted with unfair compensation in exchange of land.

It will empower the public-private relationship. Under LPP, the role of DDA will be reduced to that of a facilitator. This will the boom the public-private relationship and improvise the development of the capital city.

Accelerate the mission of making Delhi a smarter city. LPP will redevelop the neighbouring villages like Dwarka, Narela, Bawana etc. These villages will be redeveloped in accord with the standards of MOD-2021.

Boom the employment opportunity in construction sector. As the construction work increases, need for labour work increases. Thus, LPP will create ample of employment opportunities.

Hi I am the author of this article. I have knowledge about Land Pooling Policy. For more information and details click here.

 

Home for sale in Las Vegas

Home for sale in Las Vegas
One of the questions we get asked the most is why should I hire a property manager? There are a number of things that a property manager can do for you.

Costello Realty & Management provide you useful information & assistance in real estate listings, Las Vegas new and resale homes, your Las Vegas real estate company, Homes for sale in Las Vegas, Real estate agent Las Vegas, Las Vegas realtors Sales and property management in both commercial and residential areas of Las Vegas NV.

A good property manager knows how to get you a tenant. We know where to advertise, how to advertise and when to post the ads. We also take care of HOA situations. Lots of people don’t like them, but they are a fact of life and they must be dealt with. These associations can fine you if a tenant isn’t following the rules and regulations. The important thing is to act quickly and document everything you do. You want to keep HOAs on your side.

The next thing we do and probably the most important thing to our landlords is – we collect the rent. We get that rent money to you as quickly as we can with a report that explains the expenses, income and a summary of what has been done. One of the most important issues a property manager faces is what to do if your tenants don’t pay rent and we have to evict them. This is a process that requires compliance with a lot of laws. There is a lot of potential for mistakes. We know how to do evictions and when to do them and we know the legal process.

Accessibility is critical in a property manager. The landlord and the tenant must be able to reach a property manager 24 hours a day and seven days a week. We always answer our phones, emails and texts.

Let’s start at the beginning. One of the first things we do is document the condition of your home prior to the tenant moving in. This is important at the end of the lease, when tenants move out because we know exactly where they started and exactly where they ended. We use photographs and reports for this process.

Tenant issues are the day to day problems that pop up from time to time. There might be HOA violations, leaky sinks, and even serious problems like mold. You have to know what to do. Property managers can bring knowledge and experience to the table. We know how to handle these situations quickly and completely and we document everything we do.

Handling other peoples’ homes is a great responsibility. All good property managers have a system of checks and balances to guarantee that any money coming through the door is transparent and accounted for. One of the most disagreeable things we do every year is file our taxes. It’s imperative that your property manager provides a 1099 and a comprehensive statement that helps you file your taxes correctly the first time.

If you have any questions about why you need a property manager or why you should choose us, please contact us at Costello Realty & Property Management