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Tuesday, March 18, 2014

10 Top Reasons to hire a Property Manager: The 105 Hourglass Phenomena

10 Top Reasons to hire a Property Manager: The 105 Hourglass Phenomena: What makes your property rent ?    Of course there are many factors involved that can answer that question such as ...Market trend, pric...

The 105 Hourglass Phenomena

What makes your property rent ? 

  Of course there are many factors involved that can answer that question such as ...Market trend, price, cleanliness, size, pool, lawn mowed, bushes trimmed, decent appliances electrical and plumbing in good working order.   Ask your self would I live there ?
In my 9 years of experience there is one house that had the most amount of activity I have ever seen.  I was in deep with phone calls, emails, emergency calls on Sunday Morning,  I was on the phone with one prospective tenant while another was ringing in I tell you this property was HOT !


Why you ask? 

 
  It's the magic of color !!  That's right a make  simple change of color.  Color can affect the price in a positive or negative way.  The first 2 pictures are of a house the owner changed the wall shades from boring white to green and tan with white trim.  I was able to increase the rental price by $200.00


 Below is the Hourglass house.  This home has not only been updated with beautiful color,  the owners have also updated the kitchen and baths as well.   This might be too extreme for some but also think of the re-sale value if your looking to sell down the road.  Some may need a fresh new counter top from your local big box home supply store.




To get the most out of your rental choose your color wisely and watch the tenant calls come in.  Or hire a property mananger!  Call me for any time for Free advice,  I'm happy to help.

Paynelesspayne, thats me your Englewood and surrounding area connection.



Saturday, February 15, 2014