7 Tips when listing your property

 

So you have the perfect property to you wish to rent. It’s all cleaned up and ready to have someone to move in. Only problem is… you’d don’t have a renter yet!

There’s alot of approaches to alleviate this problem but a simple one is creating a classified ad of your property on a site such as craigslist.org.

Here are 7 tips to help you get your rental filled quick!

1.) Be creative. You are selling your rentals perks.

2.) Add sizzle. 

3.) Lots of pictures. Have a click-able linked gallery.

4.) LOTS of information. Every detail you can think of. This saves you time with applicants calling asking questions about the rental that are deal breakers for them. IOW’s let the CL ad do the sales job for you.

5.) I give each unit for rent a theme. This theme is

“it’s a BIG HOUSE.” Lots of storage. LOTS OF Room.

“and it’s Oh so RETRO.” Take a negative and turn it into a positive.  

6.) Create excitement! I’ve got them singing the tune in their heads “She’s a BIG House. Come cramped people and check me out” I’ve found applicants love a ham. I mean down right corny. Surprised me actually. Very true tho. People remember your ad. I get calls all the time from applicants who tell me they love my ads. They want all the details and they like all the pictures.

* Many of the applicants come to the showing with my CL printed out. All are in color! LOL

7.) “Have fun with it!” There is no written rule that being a Landlord and renting properties is like walking the gang plank. Banter back and forth on who you think will want which bedroom. Provide a measuring tape and pen and paper if they seem like they are trying to measure something up. Have them visualize themselves or their furniture in this rental. If the orange tree has ripe oranges on it I pass out oranges. They are really sweet oranges too.

Use these tips and work with your property management and I hope this helps you create attractive Ad copy. Lets get your rental filled!

 

 

Understanding Descriptive Real Estate Terms or Buzz Words

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If you’re a real estate agent or a homeowner offering your home up for sale in the real estate market, then you should know that one of the ways to attract potential buyers is to make use of descriptive real estate terms or buzz words. These buzz words can paint a very good description of your property, inspiring potential buyers to take the plunge and buy the property. However, buzz words can also work against you and turn potential clients off if you do not use buzz words accurately.

Common Buzz Words and What They Oftentimes Mean

Here is a short list of common buzz words and how to use them properly.

  • Cozy. When interested buyers hear or read the term cozy, they automatically think of a warm and comforting place, some place like their grandma’s kitchen or a living room with a fireplace. However, some unscrupulous sellers and real estate agents use the term cozy to describe a cramped place. If the house that you’re selling is small, then be honest about it. Better yet, give the floor areas of each room so your potential buyers will know what to expect.
  • Lots of possibilities, needs some work, and diamond in the rough. While these terms give potential buyers the impression that they can turn an old property into something grand, you should know that these buzz words are one of the most misleading and most clichéd terms used in the real estate market. This basically means that the seller or real estate agent is selling a crappy property and hiding the fact by describing it with flowery words. If you are an honest person and you know that your home really does have lots of possibilities and that it really is a diamond-in-the-rough that needs some work (okay, a lot of work!), then say so. Be honest about it. In fact, tell your potential buyers about these possibilities, what needs to be done to turn them into reality, and how much it will cost them. They’ll appreciate you more for being honest.
  • Just steps from, walk-able neighborhood, and accessible. Most buyers are interested in purchasing prime properties, especially those near convenience stores, malls, hospitals, schools, fire and police department etc., and these are just some of the buzz words that most sellers and real estate agents use to attract potential clients. Yes, the properties for sale may be these things, if they use their cars and drive several blocks or a couple of miles, that is. Now, if you want to use these terms to describe your property, then state the distance to, for example, the nearest mall or the nearest hospital. Don’t just give your buyers a vague idea of the true distance, but be very honest about it.

An Honest Seller Attracts Buyers

The real estate market may seem like a huge world of its own, but you will be surprised to know how small it really is. People know people, may he be a buyer who’s looking for a good property or an honest or dishonest buyer or real estate agent who’s using buzz words in the hopes of selling their properties quickly. If you’ve been tagged as a dishonest seller or real estate agent who loves using misleading buzz words, then it will be very hard for you to earn the trust of future buyers. Inspections by a reputable appraisal management company can help guarantee and allow more transparency.  Remember, word does get around, especially in the real estate industry.

Country Home Adorning

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When choosing a theme or style for decorating your house, there are many to choose from. One of the crucial widespread decorating themes as we speak is nation home decorating. Maybe it is the most well-liked because it supplies an inviting atmosphere and overall friendly feeling. This style is seen from seattle fine homes to okanagan country homes and country adorning, because of its warm setting, is loved by the individuals who live there as well as all those that visit.

As with all residence decorating project, a home-owner should first decide where they wish to use nation dwelling decorating. Some individuals choose to use this theme throughout their complete home while other determine to use country house decorating focusing on just one or two rooms, for example the kitchen and the residing room. As a result of this type is meant for individuals who take pleasure in simplicity and the nature, some householders could determine to carry the country decorating theme by means of your complete living space.

Nation dwelling adorning combines colors which are clear and shiny with nation furnishings and accessories. When choosing colours for country home decorating, mild to medium shades of white, yellow, pink, green or brown are good choices. Colours ought to replicate a rustic feeling. To add to the painted partitions, a house owner or decorator might decide to use stencils with country character similar to flowers or crops, fruits or vegetables. Wallpaper boarders are additionally typically used in country home decorating. It is nice to make use of these additions however the rule of thumb is – to verify the patterns do not clash.

In step with a country and easy theme, nation home adorning uses wooden – natural wood. When deciding on a material for a country ground, natural wood is a pleasant choice. Of course using natural wood all through a big area may be costly. If on the lookout for a less-costly technique to give flooring a rustic look, a light shade of carpet might be considered or laminate flooring. These choices would also work well with the nation home adorning theme. Different strategies for nation flooring are flagstone or tile. Some homeowners, in the event that they’re actually inventive, enhance their flooring with stencils and create patterns. Another nice way to jazz up a space is to make use of space rugs. In line with the country house decorating theme, those with an authentic look create a warm and comfortable feeling. Hooked, quilted and braided rugs make beautiful additions to a rustic floor.

When selecting furnishings to compliment country house decorating, mild wooden or wicker is suggested. Once more, these supplies mirror the great thing about nature. If a house owner or decorator decides material would accent their furniture, reminiscent of cushions or slip covers, floral patterns or checkered materials add to the authentic look.

Accessorizing an area all the time adds to its beauty. When shopping for accessories to fit in with a rustic home adorning theme, it is good to remember the kind of environment you are attempting to create, a warm and welcoming space. Simplicity goes a good distance in country residence decorating. It is recommended to by no means use too many decorations and choose accessories that household and friends will enjoy. Images in simple picket frames, plain mirrors, crops and scented candles costume up country residence decorating. Window treatments should also be simple. Lace or shutters give a cozy country feel. Nation dwelling adorning will be attention-grabbing and fun. Perhaps the primary element to keep in mind is simplicity. Attempt not to over-embellish, bear in mind too many patterns will clash. Too many decorations will remove the amount of space in a room. Nation residence decorating creates a soothing and pleasant surroundings, meant to be warm and cozy.

Do You Want to Know the Six Easy Steps Into Your First Investment Property?

By [http://EzineArticles.com/expert/Luca_Ricciardiello/172537]Luca Ricciardiello

Thank you for your curiosity about what the six steps are to your life as a Property Investing. As an active investor I know it’s not about the property itself, it’s about the dream. Property is just the express bus to financial independence, to wealth and to creating a lifestyle full of freedom, choice and the ability to do what you love.

Have you actually taken the time to ask yourself what financial freedom means to you? Is it having enough money to pay for a fabulous lifestyle, is it having enough income producing assets so you never have to worry about money again? Is it having enough money so you can quit your job, so you too have the time to discover your divine purpose, do what you love for a living and contribute your message, your cause.

For me it’s empowering women in their finances, which is a catalyst for empowerment in all other areas of their lives. So they too can become financially free, to take of the mask they wear every day and to stand in their feminine energy, become authentic and inspired to share their unique message, their gift, their purpose with the world.

There are so many great property programs in the market place today from successful investors teaching people how to invest, yet only 10% of people who invest time and money in these programs will take action and actually buy a property. Why is that? I realised that 80% of investing is psychology or the right mindset and only 20% is the actual investing. This is why the market has created a need for Property Empowerment.

After going through the process myself for a third time, it occurred to me that buying an investment property can be a very daunting, costly and time consuming process, when navigating it alone. It’s no wonder that only approx 5% of property investors buy more one or two properties and only a staggering 1% retire financially free on with more than five.

It also occurred to me that many women, regardless of how committed they are, might be put off by the uncertainty and the contradictory information available. They give in to the fear of making a mistake and allow themselves to be swayed by the well meaning dream stealers to not only give up the challenge, but all the dreams that go with it.

So to make your venture into property investing by following my six step program. It’s about creating the right environment and the right mastermind team of active investors who specialise in residential property investing. Leveraging against their combined experience and knowledge to help you on your journey to property wealth and success.

Whilst you engage a team of experts, you must however, always remain ‘in charge’ of your property investing business. Lay a solid foundation for success by empowering your mindset as the most vital first step, then educate yourself in the basics of property, finance, tax and structure. Once you have a sound knowledge of the above, you can leverage against the knowledge and resources of relevant experts to make it happen quickly and efficiently.

The 6 Step Property Program Includes:

Step 1: Creating an Empowered Investor Mindset

Step 2: Education and Information

Step 3: Finance Strategy

Step 4: Portfolio Structure

Step 5: Property Purchase

Step 6: Property Conveyancing

Step 1. Creating an Empowered Investor Mindset

The first and most vital step in becoming a successful property investor is having the right mindset. Successful investing is 80% mindset or psychology and only 20% strategy, which in our case is residential properties. The market proves this to be true over and over again with all the failed property investors who thought it was just about buying a house.

The Oxford Dictionary defines “mindset” as a habitual way of thinking. It has also been described as an attitude, disposition or mood; an intention or inclination. I think this is a very fair description. Having the right attitude about property investing or any other aspect of your life to the point where it becomes a “habit” or behaviour is vital for your consistency, determination and eventual success.

You must empower your mindset with specific regard to your values, decisions and beliefs around money and investing. Work with an coach to identify and work with your unconscious values in quite some detail to ascertain whether creating wealth is something you value and whether you are motivated toward a desire for abundance or away from your fear of scarcity and lack. If creating wealth is not a an unconscious value, no matter how hard your consciously try, you will not succeed.

Work with a qualified Neuro Linguistic Programming (NLP) coach who specialises in finance or wealth creation and with their many tools, identify and eradicate any deeply held decisions and limiting beliefs that have unknowingly held you back in the past. Then instil new, more empowering beliefs and lock them all into place using targeted goal setting and visualisations.

I am so grateful to Christopher Howard’s Breakthrough to Success weekend and his subsequent Fast Track trainings for introducing me to the tools that changed not only my life, but the lives of my family and now my clients. Now, I don’t want you to start blaming me if when you make these changes in your thoughts about money and wealth, how you also start to notice changes in attitudes and improvements in other areas of your life, like your health, career or relationships 😀

Step 2. Education and Information

Once you have the success mindset of champions it’s time to head into the classroom to learn about Property, Structure and Finance. Although this is when you will leverage the time, knowledge and expertise of many experts throughout the program, it is essential that YOU remain in charge of our property investing business.

You need to treat every investment property, with its income and expenses, as though it were a stand-alone business with you as the Director. You don’t need to be an expert in all aspects of investing, but it is important to be educated and well informed.

You must understand the basic concepts of property, finance and structure so you can both understand and communicate with the experts in these specific areas of your investing. Get educated in such topics as property basics including property selection criteria and the Wealth Creation Strategy. Look into the basic principles of company and trust structures and which is best suited to your personal circumstances. Look into the multitude of investment mortgage options, the principals of each and shortlist which will suit your current financial and investing situation best.

Researching and becoming informed will not only increase your financial and property vocabulary but will give you a very sound understanding of property investing, saving you time and money when eventually dealing with the relevant experts. Do not however, use the excuse of lack of knowledge and not knowing enough, to get stuck in analysis paralysis, know when to say enough is enough and get started. You never stop learning about investing, so expect that you will learn along the way.

Step 3. Finance Strategy

Now that you have a successful investor mindset and a good basic understanding of property, structure and finance it’s time to look in detail at your overall finance strategy which can make or break your success as an investor. With the expert guidance and advice of a finance broker who specialises in investing, not mum and dad mortgages, firstly review the mortgage on your existing home (if any) with the aim of refinancing and releasing equity to be used as a deposit and a buffer for your first investment property.

Then with your shortlist, look at the best option according to your particular financial situation for financing your new investment property. Once you have chosen the best option, formally gain pre-approval or approval in principal for your future investment property, before moving to the next step.

Step 4. Portfolio Structure

Now that you have your finance in order it’s time to look at what structure you are going to purchase your investment property in. This is the step that most people skip or don’t even realise they need until after they have 3 or 4 properties and it’s all getting very messy and complicated with the tax office. Here is where you will rely on the property and tax accountant to determine the right structure for you specifically. Whether you should buy in your name, multiple names, in the name of a company or a trust or a combination of both.

The structure for your portfolio is as important as the concrete foundation under your investment property. It needs to be just as strong and it needs to be laid first, or like the actual foundation, it becomes very difficult and costly to fix any problems after you have built your home on top. Did you know that if you decided to transfer a property from your own name into a trust you would in effect have to “sell” the property to your own trust which incurs all the normal legal and buying and selling costs including having to repay the stamp duty.. ouch!

Step 5. Property Purchase

Now that you have our investor mindset, your sound knowledge, your finance strategy and your structure in place, it’s time to finally go property shopping… Yahoo!! This is contrary to a novice investor who at an open house is lured by glossy brochures, the smell of an open fire, baking bread and percolating coffee, falls in love with a property first and then worries about the rest later. As a professional investor, you buy with logic not with emotion.

In all areas of my own professional investing I assign each task to companies who are specialists in that area. Their teams are so committed and so passionate about their specialty that they spend all their resources sharpening their knowledge, skills and expertise, thereby becoming industry leaders in their field.

Think of it this way; if you want a haircut you go to a hairdresser, if your pipes are blocked you call a plumber, to service your car you go to a mechanic and these are all relatively minor expenses. Even when selling a home, people engage the services of a local real estate agent they trust. So I don’t understand, when spending hundreds of thousands of dollars, people insist they are more qualified to find, select and negotiate on a quality residential investment property than a specialist buyers agent. Unless you are an expert this can be risky and extremely time consuming as you spend 12 months searching for a property. Not to mention expensive as the market keeps going up and up as you search, requiring a bigger deposit.

I advocate using a professional Buyers Agent who wants to see you succeed. One who specialises in the specific area you are investing in, who has all the network and personal relationships required to find you a great investment, with any luck, under market value.

They will select a short list of properties with a history of good growth that fit within the selection criteria and then it’s a simple matter of making an informed choice. Depending on the property type, you can then organise to have your building, pest or strata inspections undertaken as necessary. Being a new investor, or if you are new to the particular buyer’s agent, I suggest you organise an independent valuation to confirm you are paying fair market value.

Once a property is chosen, the buyer’s agent will use his extensive negotiation skills to negotiate on your behalf for the best possible price and settlement conditions. If the offer is accepted you celebrate!! but if not, then you start over again.

Step 6. Property Conveyancing

Congratulations, your offer has been accepted, the 10% deposit has been exchanged, the champagne is flowing and you are now officially a property investor. You are on your way to financial freedom. So now it’s time to kick back, relax and watch the capital growth right? Well, not quite… There is still one very important step to go.

You now need to legally transfer the property from the vendors name into your name or the name of your trust. You can choose either a solicitor or a conveyancer to do this on your behalf. They will do all the necessary searches and checks required to ensure that the property you purchased is exactly as stated in the vendor’s section 32 or relevant contract in your country. They confirm that there are no structures that are not council approved, any unexpected water or electrical easements, caveats or any other nasty surprises.

They will also be responsible for coordinating settlement between you, the vendor, their solicitor and both lenders…Now that is no easy feat! Settlement, usually 30 to 90 days later is when your loan is fully drawn down and the balance of the purchase price and all associated finance and legal fees are paid.

To further protect yourself, this is also the time to review your insurances and estate planning and create or update your will to include your trust and portfolio. This will ensure that your specific wishes are respected with regard to your legacy that you have worked so hard to create.

So that’s it… a simple, accelerated 6 step process that you can follow, no matter what your level of property experience or what town or country you live in. Start your journey to wealth and empowerment through residential property, so you can become financially free, become authentic and free to create the life of your dreams. So what are you waiting for?

Luca Ricciardiello is the author and Director of Property Empowerment.

Her mission is to empower women to become financially independent by learning how to manage their money and invest for their future.

To find out more about Luca and her Financial Overhaul and Property Empowerment programs please visit [http://www.propertyempowerment.com] and subscribe to the Property Empowerment Newsletter

Article Source: [http://EzineArticles.com/?Do-You-Want-to-Know-the-Six-Easy-Steps-Into-Your-First-Investment-Property?&id=1215107] Do You Want to Know the Six Easy Steps Into Your First Investment Property?