Showing posts from December, 2018

Things To Consider When Looking At Homes For Rent

There are many factors to consider before you sign a lease on a rental home with the hot rental market; it is easy to get overwhelmed by the variety of available homes for rent. Don't lose sight of some of the important factors that can make or break your satisfaction with your rental home.  One of the first things to take into consideration is the area in which the home is located. Do you like the area? Your choice in neighborhood may be dictated by a landmark you wish to be close to. Maybe you want to be near work or have easy access to your favorite recreation area or entertainment. Whatever your reason for choosing a particular area, it’s important to make sure you are comfortable with the location of a home you are considering. Once you’ve found a property you’re considering, try driving by the property three different times: once in the morning, once in the afternoon and once at night to ensure that the area surrounding your prospective home is to your liking.  Ne

The Top 5 Reasons for Using a Nimmadhi Property Management Company

You’re busy. You have a growing portfolio of investment homes and you’re trying to decide what to do next. You want to keep growing your portfolio but maintaining what you already have is becoming a challenge.  we’re discussing the top 5 reasons to use a property management company. Some of them might surprise you!  1:   Nimmadhi Handle the Maintenance.    Whether you live across town or across the globe, there is nothing like the security of knowing that someone has an eye your property.    While your property is occupied, Nimmadhi property management company will be there every step of the way for your tenants and will respond swiftly to any and all concerns. Nimmadhi Properties offers tenants an after-hours emergency phone line and a portal to submit maintenance requests online at any time of day or night. These things, along with the ability to text between our tenants and maintenance team, ensures your tenants will get prompt support.    In addition to being

What is a home improvement loan?

If you are thinking of renovating your home and running short of finances, you can opt for improvement loan from nationalized bank across the country. Home improvement loan is granted for remodeling of properties. Any loan taken against the improvement of a home including renovation, repairs, flooring, internal and external painting is termed as home improvement loan. The amount can be borrowed for minute remodeling such as whitewashing and for any major rework such as complete renovation. Anyone can apply for home improvement loan of up to 80-90 of the estimated improvement cost from all nationalized banks. Loan can be applied individually or jointly for a maximum tenure of 15 years. The tenure is based on several factors such as the applicant’s profile, his age and credit history, and the age of the property at loan maturity. Eligibility ·         All house owners can avail a home   improvement loan as an individual or jointly. Co-owners of a house must apply j

The Never-Ending Search for Great Tenants

Demand for rental properties is as high as it has ever been, but that doesn’t mean that finding great tenants is a complete breeze now. Property owners and managers still have to use solid judgment and do the things that attract responsible, reliable renters.  LOOKING AT THE SCORECARD You want tenants who will pay on time, get along with their neighbors and treat the property well. Unless you happen to be psychic, you’re going to need to look at an applicant’s track record. You’ve got to make sure you have as thorough a method of advance screening as possible. Find out applicants’ criminal history and whether they appear on sex-offender registries. Learn their credit score, how long they’ve been in their job and what their references say about them. (Assuming you can reach those references, which can be a clue itself.)   Usually, you can paint a pretty good picture, because those are all points on a scorecard.    THE 3:1 RULE Get third-party verification of the applicant’s