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Real Estate Information |
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Prepare Your Rental Property for Occupancy
Among your many responsibilities as a landlord, the law provides for a warranty of implied habitability. This means that the dwelling must be considered habitable and any known problems must be fixed before you allow a tenant to take occupancy. When a tenant vacates one of your units, take this opportunity to perform a walkthrough of the unit to determine its condition and discover what repairs or maintenance need to be done. Here are some of the specific areas that you will need to examine in your property before you accept a new tenant. Do all the fixtures work properly? This includes faucets, showers, tubs, toilets, and any other fixtures. Make sure that the fixtures do not leak and that they consistently operate correctly. Address any leaks or other problems before you rent out your property. If a fixture is consistently causing problems, it may beeasier -- and even cheaper -- to replace it to avoid future problems. In addition to providing quality fixtures for your tenants, repairing leaky fixtures can also reduce your water bill. If you pay for your tenants' utilities and water, this can mean substantial savings. Have the carpets been thoroughly cleaned? Mold, mildew, and pet stains are considered health hazards, and such problems should be completely resolved before you rent out your property. Diseases such as toxoplasmosis, which is normally found in cat urine stains, can be deadly. Proper cleaning of your carpets will ensure that that your tenants will have a healthy environment. If the carpet has mildewed or there is a mold problem, you may need to replace the carpet. Have the cabinets, closets, and storage areas been completely cleaned? Mildew and mold can lurk underneath cabinets, especially if you have had a problem with leaky fixtures. You may have to replace a cabinet if the damage is severe. Closets are one area that tenants frequently neglect when they vacate a property. Make sure that these areas are completely cleaned and that any forgotten property is handled appropriately. You may need to track down your previous tenants to notify them that they have abandoned their belongings. Set a specific reasonable response time, and if they do not respond in that specific amount of time, you may then discard the property. Are the walls free of chips, marks, and holes? Depending on the length of the previous tenancy, you may have to repaint the unit. Any existing holes should be fixed before you rent out the property. If you do not plan to repaint, examine the condition of the walls carefully and make notes so you do not hold your new tenant liable for damage caused by someone else. At a minimum, you should patch any obvious holes. Do all of the appliances operate properly? Old appliances waste lots of energy, which is a consideration for landlords providing free utilities to their tenants. Replacing old appliances with new models will save you money on energy and repairs and maintenance. Your tenants will appreciate the newer appliances, and your electric or gas bills should be lower as well. Does the unit have lead paint? Most properties built after 1978 do not have lead paint. But if your property was built before that, you need to determine if it contains lead paint. If it does, you must disclose this to your prospective tenants before they move in. Do all of the doors and windows operate properly? Check all of the doors and windows of your property to make sure that they open and close properly and that they are in good working order. This includes cabinetry, patio doors, and windows. Neda Dabestani-Ryba is a licensed Realtor in Maryland. She is a member of the President's Circle of Top Real Estate Professionals. She can be reached at (800) 536-3806 or visit her website for more information: http://neda.dabestani.pcragent.com/Prudential Carruthers REALTORS is an independently owned and operated member of Prudential Real Estate Affiliates, Inc., a Prudential Financial company. Equal Housing Opportunity.
MORE RESOURCES: Real estate partnership tips Baltimore Business Journal To ensure your real estate partnership is on the right path, there are some simple steps to take that can prevent uncertainty and in the worst case scenario, a day ... Eight Strategies For Staying Ahead Of A Changing Real Estate Investment Market Forbes Read eight important lessons about how to not just survive, but thrive, in changing real estate markets. transit real estate developments Crain's Chicago Business The city's most ambitious real estate players have concocted sprawling campuses on the collars of downtown. The result: a burgeoning mega-Loop on the verge ... Sold: Search the latest Macon County real estate transfers Herald & Review Decatur. 2055 N. Charles St., $17,290, Harbour Portfolio VII LP to US Bank Trust National Association. 1636 E. Cleveland Ave., $23,946, Harbour Portfolio VII LP ... What kind of real estate appreciation will the fourth largest MSA see? 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Top D-FW commercial real estate deals for Dec. 14 week: Stream Realty, CBRE, Marcus & Millichap Dallas News SalesAmerican Landmark Apartments has purchased the Emery Bay at Lakepointe, a 360-unit apartment community located at 901 Lakeside Circle in... Real estate news: 552 affordable, workforce housing units coming to Santa Ana OCRegister A large affordable housing complex is coming to Santa Ana. NAI Capital's Irvine office has completed a 99-year ground lease for the project on 6.84 acres. Broker Bill Fandel opens Telluride office of tech-centric real estate firm The Daily Planet Is Bill Fandel on to something? In September, the former Telluride Sotheby's broker founded new real estate company Compass Telluride. The move brings to ... Forecasting three corners of commercial real estate for 2019 REjournals.com All throughout 2018, the real estate market was once again buoyed by a virile U.S. economy. There may new challenges in 2019 in the forms of rising interest ... Manitowoc County real estate transfers and homes sold: Dec. 16, 2018 Herald Times Reporter To determine the purchase price of the real estate, divide the transfer fee by 0.003. For example, a transfer fee of $250 would indicate a purchase price of ... Penn Hills to consider hiring real estate agent to market old municipal building Tribune-Review Penn Hills council is looking to hire Michael Pirollo to market the municipality's old administrative building on Frankstown Road. The municipality began looking ... Mark your calendars: These are New York’s top real estate events next week The Real Deal Magazine These are the NYC real estate events happening 12/17-24/ $28.5 million home flirting with Central Florida real estate history WKMG News 6 & ClickOrlando A private Lake Butler estate is being offered in the Central Florida market with a price tag that will more than double the current home sales record of $11 million, ... Market correction or midterm speed bump? Here’s what real-estate agents are saying about the housing market MarketWatch A survey of real-estate agents showed signs of life in the housing market after all, as well as some new trends that bear watching. ‘Just for Buyers’: The best local real estate deals for the week of December 10th WECT "Looks can be deceiving" That's the lesson that can save homeowners a whole lot of cash. "Just for Buyers Realty" looks at some local properties worth a second ... Lebanon County real estate transactions Lebanon Daily News The following real estate transfers were recorded recently in Lebanon County: Lebanon. Ruth E. Best to Heisey Brothers Properties LLC, 404 S. Lincoln Ave., ... Three Predictions For The Future of Real Estate Tech Forbes Proptech and new customer *service* demands are quickly reshaping the real estate buying and selling processes. Bankia in talks to sell real-estate, bad loans MarketWatch Bankia SA (BKIA.MC) said Friday that it is in talks to sell a portfolio of real-estate assets and a separate portfolio of nonperforming loans, confirming reports in ... Nine Surprising Real Estate Opportunities That Will Grow In 2019 Forbes Anyone who hopes to succeed in the real estate industry needs to stay up to date on the latest market trends. Whether you're an investor or a broker, you'll have ... Juniper Square raises $25 million to help make it easier to invest in real estate HousingWire Juniper Square, a technology company that helps connect investment firms with private capital to be used to invest in real estate, announced this week that it ... IndoSpace closes third logistics real estate fund at $1.2 bln PE Hub IndoSpace, an India-based developer of industrial real estate and warehousing facilities, has closed its third logistics real estate fund at $1.2 billion. The fund will ... Buying a home with parents' help? Consider this advice from a realtor Business Insider Realtor Dana Bull says about half of her millennial clients get financial help from parents to buy their first home. Here's the advice she gives them. High and low real estate transactions listed for Huron County Norwalk Reflector The following real estate transactions represent the highest and lowest amounts recorded in Huron County for the week ending Dec. 7: High: $5863509 - TMC ... The 10 Most Over-The-Top Expensive Celebrity Real Estate Moves Of 2018 Refinery29 As 2018 draws to a close and we look back on the year gone by, one thing that sticks out is how many millions changed hands as celebrities bought, sold, and in ... Survey finds Saratoga County real estate market strong The Daily Gazette MALTA — Economic developers on Thursday assessed the Saratoga County real estate market as strong and optimistic. The Saratoga County Prosperity ... What HNWIs Want from Commercial Real Estate National Real Estate Investor In 2016, 2017 and 2018 NREI conducted research with its audience on high-net-worth investor (HNWI) interest and activity in commercial real estate. In 2018 ... Predicting The Future Of Real Estate: Transacting In 2025 Forbes Anyone who thinks that real estate transactions are immune to technology and shifting consumer trends may find themselves in a different line of work before ... Wilton real estate sales — Dec. 7-13, 2018 The Wilton Bulletin The following real estate transactions were recorded in the office of Town Clerk Lori Kaback from Dec. 7 through Dec. 13, 2018. 39 Cider Mill Place: Michael F. Recent Commercial Real Estate Transactions The New York Times Recent commercial real estate transactions in New York City. Real Estate Review Friday, December 14, 2018 Davis Enterprise Printed in the December 05, 2014 edition on page RER1 | Published on December 14, 2018 | Last Modified on December 14, 2018 at 8:26 am ... LA among the world’s most expensive cities for real estate Curbed LA While millions of Los Angeles residents struggle to pay for basic needs like food and housing, a handful of wealthy homebuyers are making the urban area one ... Council hearings cement wide-ranging changes for real estate Crain's New York Business Lawmakers approved a major rezoning and a controversial restriction on hotel construction as well as heard testimony on a suite of tenant-focused housing bills. Albany real estate investment lands $5M state grant - Albany Business Review Albany Business Review Redburn Development will receive a $5 million, performance-based capital grant from the state to renovate seven buildings it bought in downtown Albany, Gov. The Pipeline: Commercial real estate deals for 12.14.18 BusinessDen Los Angeles-based Jacobson Co. purchased the 240-unit Velo Apartment Homes complex at 3481 S. Fenton Road in Denver for $46.65 million from San ... Why Tech And Big Money Are Going To Clobber Traditional Real Estate Inman.com A member of a prominent VC firm Andreessen Horowitz believes that big data, big money, and changing consumer preferences will remake the industry. As 2018 real estate market wraps up, buyers and sellers prepare for the year ahead Bothell-Kenmore Reporter The holiday season is typically slow for residential real estate in Bothell and Kenmore, as families tend to go out of town and may not be looking to move in the ... Understanding The Nuances Of The Hotel Real Estate Investment Forbes Understanding the variables associated with operating the business housed in the physical real estate can make or break the return on investment. Investors Are Still Finding Real Estate Opportunities, But Those Are Shifting With The Cycle Bisnow Though fundamentals are still in place, the coming correction is still top of mind for those in the industry as they watch other world economies slow. The Best and Worst of Metro Boston Real Estate Think Realty At the end of 2018, it is still a seller's market in metro Boston, according to real estate agent, Kristin Weekley. Kentwood Real Estate Unveils Fresh Look for Iconic Brand Business Wire DENVER--(BUSINESS WIRE)--Kentwood Real Estate, Colorado's elite luxury brokerage, is stronger than ever from its best-in-class top-producing REALTORS® ... The risk taker: Paul Allen had an profound influence on Seattle real estate Puget Sound Business Journal (Seattle) His curiosity was untethered. His ambition was boundless. Paul Allen left an indelible mark on Seattle with a legacy that defies any one label. Real Estate: Look Inside 801 C Ave #26 - Own a Piece of Coronado for Under $725,000 Coronado Times Newspaper Ring in the New Year in this spacious 2 bedroom, 1.5 bath condo just steps from it all in Coronado Village! The beautifully updated condo is 1 block from Orange ... KBS Real Estate Investment Trust II Increases Valuation of its Common Stock Business Wire KBS Real Estate Investment Trust II announced that its board of directors has approved an estimated net asset value (“NAV”). How the Grinch stole the show in this Baltimore real estate listing Baltimore Sun The Dudley Frank team's latest staged real estate listing photo gallery uses the Grinch to highlight a Hampden rowhome's best assets. Juniper Square lines up $25M for its real estate investment platform TechCrunch Juniper Square, a four-year-old startup at the intersection of enterprise software, real estate and financial technology, has brought in an additional $25 million in ... Real Estate Real estate transfers: Dec. 3-7 Toledo Blade LUCAS COUNTY 43412 Agricultural South Daniel K Successor Trustee to South Daniel K Successor Trustee, 8590 Corduroy Rd, Curtice, $108350, (12/06) ... Real Estate Tricks And Scandals To Look Out For (And To Entertain Your Family This Holiday Season) Forbes Three dozen stick of dynamite was a sneaky way to solve a real estate problem, plus more tales of trickery in this business. 18 Commercial Real Estate Trends To Dominate In 2019 Bisnow Experts anticipate these 18 trends to dominate in the new year. Retiring Tom Seal reflects on swings of real estate market The Herald Bulletin ANDERSON – For the past 46 years, Tom Seal has ridden the roller coaster that has been the real estate market in Madison County. Seal, 74, is retiring from the ... Team of Penn State Smeal undergrads wins Maryland real estate case competition Penn State News A team of three undergraduate students from the Penn State Smeal College of Business combined to take first place in the 2018 Colvin Case Study Challenge, ... Bank of America's move leaves more Wilmington office space empty The News Journal Bank of America will move out of two massive Bracebridge buildings, leaving vacant nearly half a million square feet of office space in Wilmington. What Apple’s new campus means for Austin real estate Curbed Austin Upon learning of Apple's plans to build a new, 133-acre campus near its current Austin headquarters, the first questions to spring to mind are, overwhelmingly: 1) ... Metro Pittsburgh Real Estate: Search Properties By Communities Pittsburgh, PA Patch Metro Pittsburgh Real Estate: Houses, Prices - Pittsburgh, PA - Looking for a new house? Just browsing? Either way, you'll find the best properties on the market ... Boston real estate predictions for 2019: Slower sales, higher rents, and development galore Curbed Boston 'Tis the season for prognosticating about what will happen in the new year. Here are four likely trends in Boston-area real estate in 2019. House Hunting in … Italy The New York Times Milan continues to outpace its Italian neighbors in home prices and sales volume, while the smaller areas in its orbit remain quiet and affordable. Recent East Haven Home Sales | Local Real Estate Guide East Haven, CT Patch Local Real Estate Guide - East Haven, CT - 5 recently sold homes in East Haven, plus homes for sale, foreclosures, local mortgage rate comparison, housing ... Weekly Review: Real Estate CEFs - A Volatile Week For The Sector Seeking Alpha Review of where real estate funds and their benchmarks ended last week. Recap of news related to the group, if any. Comparison of the funds using several ... Recent Branford Home Sales | Local Real Estate Guide Branford, CT Patch Local Real Estate Guide - Branford, CT - 5 recently sold homes in Branford, plus homes for sale, foreclosures, local mortgage rate comparison, housing data and ... Alexandria Real Estate: 2018 Tailwinds Leading Into the New Year Alexandria Living Magazine Long & Foster Real Estate general brokerage Presidents Gary Scott and Larry “Boomer” Foster hosted a Facebook Live stream yesterday. The executive duo ... Strange real estate deal raises specter of Putin buying Trump San Francisco Chronicle In July 2008, Donald Trump undertook one of his most infamous transactions. He sold a mansion in Palm Beach for $95 million to Dmitry Rybolovlev, Russian ... Law Roundup, Neighbors frighten real-estate agent Daily Inter Lake A real-estate agent ran into trouble while attempting to take photos of a property on U.S. 2 in Marion for a client who was selling it. Apparently, neighbors yelled ... JJK blazes social impact real estate development trail Colorado Real Estate Journal JJK Places blazes social impact real estate development trail in Denver. JJK is a Public Benefit Corp. It is believed to be Denver's first RE PBC. RBC Capital Upgrades Alexandria Real Estate (ARE) to Top Pick StreetInsider.com Get instant alerts when news breaks on your stocks. Claim your 2-week free trial to StreetInsider Premium here. RBC Capital analyst Michael Carroll upgraded ... Dec. 8 Real Estate Transactions The Newark Advocate The first name(s) listed is the seller and the second name(s) listed is the buyer. Ivanka Trump, Jared Kushner could profit from real estate tax break they pushed Chicago Tribune The Opportunity Zone program promoted by Ivanka Trump and Jared Kushner could also benefit them financially, an Associated Press investigation found. How tech and transportation will change real estate AZ Big Media With the many changes we've recently seen in real estate, we started thinking about how the industry will evolve during the next 10, or even 20, years. Below are ... Six Legal Tips For Purchasing Commercial Real Estate Forbes When it comes to commercial real estate, it is of paramount importance that, when you retain legal counsel, they take an in-depth look at all of the nuances that ... Recent Woodbury/Middlebury Home Sales | Local Real Estate Guide Woodbury, CT Patch Local Real Estate Guide - Woodbury-Middlebury, CT - 5 recently sold homes in Woodbury and Middlebury, plus homes for sale, foreclosures, local mortgage ... Three Ways To Position Yourself As A Real Estate Influencer Forbes As millennials accumulate more wealth, real estate professionals must understand how this distinctive segment will approach buying and selling homes. From the Editor: Real Estate Boom and Bust Columbus Monthly On a Wednesday evening earlier this fall, members of the Upper Arlington Women's Club invited me to lead a robust conversation about real estate sales in ... These Trends Will Shape the Real Estate Market in 2019 Realtor.com News Home buyers and sellers are both going to face challenges in 2019, according to an analysis by the realtor.com economic team. Find out what's happening and ... Exploring Today's Real Estate Market -- And Its Future Forbes You may have noticed the real estate market tightening and slowing in recent months. Homebuyers are becoming increasingly more cautious due to the feeling ... Real Estate Fresh Finds: Dec. 12 PoPville Real Estate *Fresh* Finds is a weekly selection of newly-listed properties in the District, brought to you by Real Living At Home. Winter is Coming to Commercial Real Estate WOLF STREET At the moment, the S&P 500 is down 2.8% for the year. Like a dead rat in the basement, everyone can smell the next recession, everyone knows it's coming, but ... Americans Spent $100 Million on Tropical Real Estate. They Were Scammed, FTC Says. The Wall Street Journal The U.S. government's shutdown of what it called a $100 million real-estate investment scam in Belize highlights a growing concern: the targeting of Americans ... NYC’s ‘ultra-prime’ real estate market is booming Curbed NY The downswing of New York's real estate market has been much-documented in the past year: prices are falling, concessions are up, and listings are staying on ... Brooklyn Real Estate Six Months Later: Two Sold, Two in Contract Brownstoner This week, our look back at four of our featured listings from six months ago spotlights homes in Clinton Hill, Park Slope, Bed Stuy and Crown Heights. The 2018 Real Estate Advice You'd Better Not Miss | realtor.com® Realtor.com News We doled out a lot of expert real estate advice over the past 12 months. But what was most useful to you? Here are our most-read advice pieces of 2018. Karla Murtaugh Real Estate Market Report: Sale Price, Closed Sales, Under Contract, Days on Market HamletHub November 2018 showed prices and volume of sales holding steady as compared to 2017. The month ended with the number of closed sales at 23 properties, ... Market Garden Brewery's Sam McNulty gets into the residential real estate business in Duck Island: House of the Week cleveland.com CLEVELAND, Ohio -- After earning his reputation as Cleveland's beer meister, Market Garden Brewery founder Sam McNulty decided to go back to his roots. Arrest of Huawei Executive Could Hit Vancouver Real Estate Barron's The arrest of Huawei CFO Meng Wanzhou has many repercussions, but one that investors may not have considered is the effect on the Canadian real estate ... Barbara Corcoran: The key to making a fortune in real estate is finding the next hot neighborhood—here's how CNBC Real estate mogul Barbara Corcoran has made her fortune buying and investing in up-and-coming areas. Here's how she finds the next hot spot. Welcome to the New York housing slump The Real Deal Magazine The long-awaited slump in New York's housing market has arrived. Home prices are heading down in the city itself and in its suburbs, according to Bloomberg. NY-based real estate group plans to revitalize SS United States ship Curbed Philly For over 20 years, the SS United States passenger liner has sat in the Delaware River, as an historic—and too often overlooked—Philly landmark. But a new ... New Plano apartment tower is a hit with empty nesters Dallas News Plano's first high-rise residential building has opened its doors.And the new apartment tower is already more than 40 percent leased.The 25-story... Mailbag: District dodged a bullet when City Council killed proposed real estate exchange Los Angeles Times A reader writes that after inspecting the building the Glendale Unified School District would have acquired in a swap with a developer, he thinks the City Council ... Gwinnett real estate agent to serve prison time for $22M fraud scheme - Atlanta Journal Constitution Gwinnett real estate agent to serve prison time for $22M fraud scheme Atlanta Journal Constitution A Suwanee-based real estate agent will serve more than seven years in prison after defrauding clients to the tune of $22 million,the U.S. Department of Justice ... Billion-dollar tech company secures prime East Austin real estate for new headquarters CultureMap Austin Smart-home technology provider Resideo Technologies Inc. — poised to become the largest public company based in Austin — has settled on an East A. As Markets Tank, These Real Estate Investment Trusts Hit Higher Highs Forbes Real estate investment trusts -- also known as REIT's -- outperformed the markets by a wide margin last week. As a matter of fact, while many big stocks were ... Could the arrest of Huawei's CFO affect Vancouver's real estate market? CityNews Vancouver VANCOUVER (NEWS 1130) – Despite her release on bail, the arrest of Huawei's CFO could have repercussions in Vancouver. Some experts say it likely sent a ... Five Ways A Busy Professional Can Use Leverage To Become A Real Estate Investor Forbes There is no rule that states you have to wait until the end of your career to be able to retire. Real estate briefs Naples Daily News Real estate show: Title company vs. attorney. James D. York P.A., a local Realtor, is the host with Realtors Michael and Morgan York of York Real Estate Group ... Real estate developer signs on to explore rehabilitation of SS United States PhillyVoice.com The SS United States Conservancy announced this week it's reached an agreement with a real estate developer with an eye toward revitalizing the ocean liner. William Raveis Real Estate Raises Record $552098 for Innovative Cancer Research Cape Cod Today The William Raveis Charitable Fund (WRCF) surpassed their goal and raised a record $552,098 this year for the Damon Runyon Cancer Research Foundation ... No brainer? DJ Khaled lists Aventura estate after buying Miami Beach mansion The Real Deal Magazine DJ Khaled's ready to let go of the keys to his waterfront Aventura estate. Is Crombie Real Estate Investment Trust’s (TSE:CRR.UN) ROE Of 7.8% Concerning? Simply Wall St Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is for those who would like to learn about ... |
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