"I know the market rent is $1,195/month, but I need to bring in at least $1,300. Can't we list my home at $1,400/month?" (Charlotte Landlords) Allen Stanford, the founder of the now disgraced Stanford Financial, had a fail-safe method on how to bring new clients into his firm. He would place
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08/04/2009
"No, we will never allow pets in our rental home! They are destructive, the arch-enemy of nice carpet, and borderline evil. In fact, my Uncle Jeb's ex-wife got a dog and ran away with Fido 6 months later!" (Charlotte Landlord) OK- this conversation might not have happened. McDonalds's stock i
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08/04/2009
"Why is my home sitting on the market when it is priced to go? It looks good! I mean good enough for a rental home." (Charlotte Landlord) This is akin to a father who wonders why his daughter doesn't have a date for 8th grade dance. By careful analysis, he knows that her desirability boils d
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07/28/2009
Worried Charlotte landlords are asking, "How do we keep the rental cash flow coming in? My tenant's lease expires in a few months and I don't have the cash to spare for the mortgage payments if they leave. What to do?" The answer lies in the timeless story of true love. Much like a tearful
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07/28/2009
I'm getting calls and e-mails (from non-clients, mind you J) wondering why their rental homes are sitting vacant: "My unit has rented quickly for $1K/mth for the last 10 years! Now it is languishing on the market at that price. What's the deal?" "My rental home has been empty for 6 months.
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07/28/2009
"When I used to rent my property out, we had tenants in it paying $1,495/month. You have it listed for $1,195/month. What's wrong with you?" (Charlotte Landlord) First of all, if things were so rosy in $1,495/month self-management land, I don't think you would be talking to a property manager
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07/28/2009