Real Estate Blog – Condotron

Now that we have discussed what home insurance means for landlords, what if you are tenant?  Well, I can tell you for sure it is actually a little different for you because you do not own the property that you are staying at, so you do not have to worry about what a rebuild cost would be or any of that.

However – what happens if someone robs you?  Well, generally, tenants need what is called renter insurance policy, for that covers everything inside of the home.  With this particular insurance, there are many different options that you have and many different policies that you can get, so you want to make sure that you read them all.

The policy options are generally range in expense so you want to find one that is going to suit your budget.

Home insurance is something that every single person that lives anywhere needs to get.  However, did you know that there are actually differences in home insurance?  There are actually different levels that you will need to have and in this blog, we are going to talk about home insurance for landlords versus tenants – in the next blog, we are going to talk about home insurance for tenants.

One thing you need to know is that all landlords – everywhere need to have home insurance.  This will mean that assess the rebuild value of the property along with the fixtures, fittings and covering will need to be done.  One mistake that landlords make all of the time is that they do not think about what is inside their home.

There are a number of things that you need to think about when you are getting home insurance – inside and outside, everything needs to be covered, that way you can ensure that if something does happen, you are covered.

Now that we have talked a little bit about doing the cold calls, let’s go ahead and explore some of the tips and tricks that I have for you to overcome your fear of making them.  One of the first things that you need to do is make sure that you are realistic with yourself and set goals that you know that you can achieve.

For example, if you know that you can call fifty people a day and talk to them, then by all means, call fifty people but if you know that you can only call ten people in one day, make sure that you do that.  You want to make sure that you are setting goals that work for you.

Next, make a list of everything that you can tell your prospects about yourself, why you are the right person to work with them and what benefits you have.  It makes a difference, believe me.

In the real estate market, you, as a real estate agent are going to be faced with cold calling.  It is part of the business and every single real estate agent is going to have to deal with.  While it might uncomfortable at first, it is something that you are going to have to do in order to gain new clients and get more business.

Generating leads is part of being a real estate agent and it is something that you are going to have to overcome.  Fortunately, there are blogs like this one out there in order to assist you with overcoming the anxiety that goes with cold calling your prospects.

In the next blog, we are going to go through some tips and tricks that will assist you with cold calling and make it more comfortable for you!

Now that you know exactly what you can expect from a loft, how do you find one that suits your exact needs and what you want out of a building?  Well, I can tell you for sure that finding a real estate agent is going to be the best bet in finding exactly what you want.

What a real estate agent can do for you is take what style that you tell them that you want and do a little bit of research and find something that suits your style.  For example, you can pick a specific location or even a specific area and they will be able to tell you what is available in your price range.

Keep in mind though that lofts are not cheap – they are actually really expensive, so keep that in mind when renting.

If you are the type of person that has been looking for the ideal place – and you are a fashion-forward type of guy or girl, well, a loft might be the perfect place for you!  Lofts are something that are super trendy, definitely fashion-forward and look absolutely incredible … all of the time.

This picture is just one example of the amazing lofts that you can get.  Not only do all lofts have extremely high ceilings but the overall appeal and look of them is something that many, many people crave.  Whether you are into crazy colors or you are just looking for something high end … a loft might do it for you.

But how do you find one of these super-trendy lofts?  Well, I am going to break it down for you in the next blog, so you just have to stay tuned!

Now, you are going to want to begin by documenting everything about your apartment, preferably while it is still empty. If there are holes in the wall, blinds missing, a lack of smoke detectors, cracks in the floors, stains, and so on, you want pictures. If you intend to do any painting, you may also want to document the current color of the walls — if you can offer to repaint the place back before you leave, your landlord will likely be more permissive … unless he or she is controlling … and/or a jerk. (Sorry for the bitterness, folks!)

Then, again, check out your water pressure, the heat, make sure all the electrical sockets and light fixtures work.

For your own protection and for later proof, if necessary, you need to document the conversations you have with your landlord concerning the rental. Try to have a witness if you can. Correspondence should be sent through email, so that there is always proof of what has been written.

Whether you are moving into an apartment in a complex, a rental house, or a private apartment, such as one that exists in a private, residential home, you have to realize: you have rights, especially if utilities such as heat, hot water, et cetera, is covered in your monthly rent.

There are also some things you need to do when you first move into your new home — and even before you move in, as a matter of fact. Let’s talk about that first.

You need to make sure that you are fully aware of all the codes, rights, and rules of tenancy in your area. You need to know what is expected of you as a tenant, and you also need to know what is expected of your landlord — again, especially if he or she maintains that heat, hot water, and electricity are included in your rent. Otherwise, it will be far too easy for your landlord to pull one over on you.

While the appearance is something that you want to look at – it is not extremely important.  People dress the way they want and look the way that they want.  However, you do want to make sure that you get a credit check on them – as that will provide you with some insight on how these potential tenants will pay their bills.

You also want to make sure to have some type of tenant application in place.  That way, you can decide exactly how compatible you and the potential tenants might be.  While you do not have to be best friends, you want to make sure that you are compatible and have the same beliefs.

It is very important to find a reliable tenant that is not going to make you lose money … remember that.  You can be choosy when you are the landlord, keep that in mind.

When you think about it – what is the most important thing to you when you are renting out your apartment or house?  Well, the screening process of finding the right tenant should be the most important thing.  This is a person that is going to be living in your home and they are not going to be supervised. 

That is why it is so important for you to screen any tenants that you have looking at the place and are serious about it.  There are some things that you can do to ensure that you find the right tenant for your home.  First, you want to look at their appearance – you want them to make a good impression on you, almost like they are interviewing for a job.

In the next blog, we will talk about some other things that you should be looking for when you are trying to find the right tenant.