Call Now to Get Your Fast Cash Offer:  540-324-3048 
Satisfaction HomeBuyers We BUY Houses in Southern Maryland
  • Home
  • How It Works
  • FAQ
  • Contact Us
  • Articles of interest

Landlords Beware.....Tricky Tenants

2/8/2017

0 Comments

 
Buy My Rental fast
Evictions can be a tricky task. You may have tricky tenants. Not all renters abide by the laws or pay on time or keep a tidy home. Being a landlord is not something that is as easy as it sounds and if you recently bought a rental property, you’ll understand what we mean. We’ll show you the different kind of tenants and the nightmares that can ensue with each.
But first off, let’s talk dollars and cents.  There is a high cost to getting your property in suitable condition to rent out in the first place. You may have to spend a month or two or even three without any income while you fix up the place as most renters won’t be okay with living in an unfinished rehabbed house. All repairs and renovations usually take 25 to 50% longer to finish than originally expected so don’t get your hopes up when a contractor says it will take 2 weeks. Plan ahead.
Time. It takes time to renovate and fix up a place and most people have day jobs in which spending hours upon hours at their “project” home just isn’t feasible. Also, it takes a good amount of time to screen and find a good renter. Someone with good credit, a steady job and a suitable lifestyle in which you will feel comfortable with them living in your house. It could take a good month or two just to find the right tenants.
There are several ‘types’ of tricky tenants out there, but here are a few to watch out for.

  • The “Entitled” Tenant: This type will call you for everything and harass you for every repair. They can’t take it upon themselves to do anything and expect you to come running at the drop of a hat because they are “entitled” to your services since they are paying rent and most likely have a chip on their shoulder about it. Perhaps they are recently divorced or just lost a good paying job, so paying rent in beneath them and you, unfortunately, feel the wrath with their constant nagging about repair needs.
  • The “Flaky” Tenant: This type may have a perfect credit score and impeccable references and good paying job, but they are irresponsible with their money and time. Making it nearly impossible to get your rent on time each month. There’s always an excuse with this one and it will wear you down.
  • The “Self Proclaimed Civil Rights Attorney” Tenant: This tenant can be the worst. Similar to the Entitled tenant, this one will nag about repairs, maintenance and issues by threatening legal action at every term. They will look up landlord laws, quote bylaws and civil cases. Even if you think your house is in rentable condition, they will not stop until everything is perfect and to their satisfaction.
  • The “Cheap and Lazy” Tenant: This tenant just doesn’t care, mostly about anything as you can see when you do a yearly walk-through. They don’t care about keeping their space clean or keeping up your investment house with even little things like light bulbs and batteries for smoke detectors because why should they when it’s “Not their house” These tenants will leave things broken and unusable, dirty and unkempt.


These are just a few of the worse case scenario tenants and again, evictions can be no fun. You can hope to get a good tenant who will sign a longer term lease, but those are few and far between.
So do your homework and really think about whether or not you want to take on the headaches of a rental.

If you have a rental you are no longer happy with or you are just ready to be free, give us a call today and we can do a quick assessment and give you some good options.
0 Comments

 5 Major Turn-Offs For Home Buyers

6/8/2016

0 Comments

 
Picture
5 Major Turn-Offs For DC, Maryland, & Virginia Home Buyers

Spring is here and the prime season for home sales is fast approaching. If you are planning on selling your home, here are 5 Major Turn-Offs Which Deter Home Buyers.


Have you heard of the old Realtor tip of baking cookies before a showing a home to entice potential buyers? The same is true for adverse odors.  Unpleasant smells are an instant turn off the minute a potential buyer opens the door.  Smoke, pet odor, even overwhelming perfumes or home fragrances can be immediate deal breakers for some buyers, especially those with allergies.

Clutter & Dirt
It is hard for buyers to see past piles of papers and stuff and see your house as their FUTURE HOME. Additionally, nothing turns a buyer off faster than a house that needs to be cleaned.  Dirty kitchens and bathrooms can be instant deal breakers for many potential buyers.  Before listing your home make sure to do a major purge, removing as much clutter as possible and a thorough deep cleaning.

Curb Appeal
You only get one chance to make a first impression. Curb appeal, or the lack thereof, can make or break your chance to impress a potential buyer.  If your house needs to be painted, has a small jungle growing in the front yard or there’s a stack of clutter and junk in the back yard, take the time to get these taken care of before listing your property. A well maintained yard instantly welcomes a potential buyer inside.

Conversions
Did you convert your garage into more living space, enclose the dining room into a make shift bedroom or change a bedroom into a workshop?  These changes may have fit your needs perfectly but chances are they won’t have the same appeal for most retail home buyers.  Especially if they are looking for a four bedroom home and show up to find that the space is not usable for their needs. Remember, if you want to sell your house in the shortest amount of time for the most money, you need to appeal to the widest variety of retail home buyers.

Unique or Outdated Finishes
Your daughter’s lime green and zebra stripe bedroom, the original blue tile counter-top or the giant rose wallpapered bathroom complete with green carpet may have been finishes you were happy with, but most buyers want a home that is move in ready.  Unique or outdated finishes can turn off buyers who do not want to spend time and money updating a property, particularly when just down the street there is a listing that is already updated!

This list may have you seeing dollar signs if your home, like so many, is in need of update and not quite ready for potential buyers.  Want a simpler way to sell? Call us now 240-412-2372 or Contact us to get a Free, No Obligation Cash Offer for your home.

Get Your Free Cash Offer
0 Comments
<<Previous

    Satisfaction HomeBuyers

    We are a Real Estate Solutions company. We buy houses in Maryland, Virginia, and DC.

    Do you need to sell a house fast?

    Sell us your house today!

    Archives

    February 2017
    June 2016
    May 2016
    April 2016
    January 2016
    December 2015

    Categories

    All
    Divorce
    Eviction
    Foreclosure
    FSBO
    Home Equity
    Home Inspection
    Home Selling
    Inheritence
    Landlords
    Mortgage
    Negative Equity
    Pre-foreclosure
    Rental Property
    Scams
    Selling Tips
    Short Sale
    Underwater
    Underwater Home
    Unwanted House
    Vacant House

    RSS Feed

We are a real estate solutions and investment firm that specializes in helping homeowners get rid of burdensome houses fast. We are not realtors, we are investors and problem solvers who can buy your house fast with a fair all cash offer.

Privacy Policy      Terms & Conditions