Tips To Stage Your Yard

by Administrator 16. November 2018 08:05

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Tips To Get A Home In Competitive Rental Market

by Administrator 29. October 2018 08:08

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Things To Do Immediately After Shifting To A New Home

by Administrator 22. October 2018 08:51

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Being A Good Tenant

by Administrator 13. October 2018 10:30

There are plenty of perks that come with being a good tenant. In addition to staying in the rental accommodation for a longer period, you also develop positive relationships with those around you and your property owner. You can be someone, with whom people would love to associate with. Let’s take a look at what it takes to be a good tenant:

  • Honesty: As with everything else in life, even as a tenant, honesty is the best policy. Good tenants don’t fudge the truth. Fill your application form honestly. Make sure that you do not conceal any important facts from your property owner.
  • Staying Within Your Means: Good tenants commit to rental accommodations they can afford.  By being able to pay the rent easily every month, their credibility remains intact.
  • Reading The Lease Carefully: To be a good tenant, you should be happy with all aspects of the lease agreement. For this, it is important to have gone through the agreement thoroughly before signing it. Understanding & complying with all the terms and conditions of the lease agreement is a pre-requisite for being a good tenant.
  • Timely Payment Of Rent: The best tenants are those who understand their responsibility to make timely rent payments without constant reminders from the property owner.
  • Cleanliness: Good tenants maintain the rental property as if it were their own. Property owners love people who keep the property clean and in good condition.
  • Friendly Demeanor: You are sure to be in the good books of your property owner by being friendly and approachable. Don’t hesitate to extend kind gestures like a smile or a greeting on seeing the property owner or neighbors.
  • Open And Direct Communication: Nip problems in the bud by informing your property owner of maintenance and repair requirements in time. This will help prevent smaller issues from becoming larger ones and affecting your relationship with the property owner.
  • Respect The Noise Requirements: If your property owner has some requirements about the noise levels in the apartment, be kind enough to respect that and adhere to the limits. Consciously trying to stay within the limits set by your property owner will earn you a reputation of being a good tenant.
  • Always Ask: A good tenant does not assume things. If there’s any change that you would like to bring about in the rental accommodation e.g. adopting a pet, painting a wall, etc., make it a point to ask your property owner.

John Reider Properties offers several rental home options in Killeen & Harker Heights. Besides home rentals, we also provide commercial lease rentals in Killeen and Harker Heights.For more information, visit 455 E. Central Texas Expwy,Suite 101, Harker Heights, TX 76548 or call at (254) 699 – 8300.

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Property Owner's Guide To Raise The Rent

by Administrator 28. September 2018 11:42

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How To Minimize Vacancy Cycle Of Your Rental Property

by Administrator 24. September 2018 14:21

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Things To Do Before Selling Your Commercial Property

by Administrator 18. September 2018 08:34

Commercial property consists of office buildings, shopping centers, industrial complexes, multi-family apartments with at least 5 units, hotels/motels, RV and mobile home parks, land, storage, malls, retail space and farms/ranches. Buyers of commercial property look at it as a form of investment that will generate income flow.
 
If you are a seller planning to sell your commercial property any time soon, following are some important things to do before doing so:

  • Set Goals: By setting a clear goal for selling the property, you are in a better position to determine a transaction that will meet your needs. Some points to consider are, what you want to accomplish from sale, whether you want lump sum money on closing or monthly income, the amount of cash you really need and so on.
  • Get In Touch With Qualified Buyers: Look into the database of qualified buyers and contact them. Focus on marketing your building on a larger scale.
  • Interview Buyers: Interview potential buyers to assess their background, resources, their interest in the building and how they plan to manage it.
  • Educate Buyers: Educate your buyers that there is more to a building than its location. Bring to their notice the importance of terms and expandability. This is so because more aware your buyers are, higher are your chances of selling the property successfully.
  • Determine The Value Of Building: Buyers look at a building with a higher value as a potential source of high income. Determine the value of your building by dividing the net operating income by capitalization rate of the area.
  • Create A Professional Marketing Packet: This helps highlight the best features of your property and influence the buyers positively.
  • Meet The Buyer In-Person: If a potential buyer likes your marketing packet, arrange for a meeting with the buyer and involve a real estate agent too. Work towards finalizing the deal with the right choice of words.
  • Get A Confidentiality Agreement Signed: If you want protection from litigation, get a confidentiality agreement signed by the buyer.
  • Negotiate With Bankers: Presenting the professional marketing package to bankers improves the chances of getting the deal financed.
  • Waiver Off Contingencies: Getting a buyer to sign a waiver of contingencies after the completion of due diligence period ensures that he does not walk away from the deal without forfeiting the earnest money.
  • An Escrow Agent: Availing the services of an escrow agent ensures that the closing is smooth, organized and pleasant.

John Reider Properties offers several services. For more information, visit 455 E. Central Texas Expwy,Suite 101, Harker Heights, TX 76548 or call at (254) 699 – 8300.

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Ways To Maximize Returns From Your Property

by Administrator 25. August 2018 08:15

Anyone who invests in real estate property does so with the aim of earning revenues. However, it is dependent on factors like timely payment of rent made by tenant, occupancy and amount of maintenance required from time to time. In spite of these factors, one can use various real estate management tools to maximize the return on real estate property.

Here is a list of ways in which the return on real estate property can be maximized:

  • Tenant Screening: If you intend to utilize your property for rental purposes, then screening potential tenants should be prioritized for maximizing profits. Essentials of screening are analyzing the bill paying habits of the tenant, income verification, bank statements, criminal records and previous landlord reviews.
  • Honest Evaluation: A key step for maximizing returns on property is to study and analyze what you want, the resources you have as well as your strengths and weaknesses. When these points are clear you can decide the audience you would like to target and then move in that direction. Clarity of action always begets profits.
  • Combat Changes In The Market: Keep up with the current market conditions by regularly analyzing them. Study trends in the local real estate market to know the prospects of growth and prices of similar properties. Knowledge about the trends in your local market will help you in figuring the right time to sell your property for maximum gains.
  • Get The Basic Right: If the first step is right, the rest will follow suit. In case of property, the basic stages are choosing the right location and property. In case you are to rent out the property then make sure that it is well maintained. You can hire a property management firm for this purpose. Also a property that is close to market, hospitals, school etc. will attract a large pool of prospective tenants.
  • Hire A Real Estate Professional: Take the guidance of a real estate professional for choosing properties in prime areas to ensure a positive cash flow.

John Reider Properties is a full service real estate firm that provides a myriad of services. For more information, visit 455 E. Central Texas Expwy, Suite 101, Harker Heights, TX 76548 or call at (254) 699 – 8300.

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Steps Involved In Home Selling Process

by Administrator 23. August 2018 09:03

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Types Of Commercial Properties

by Administrator 16. August 2018 13:12

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