Property Management: The Good, the Bad, and the UglyWritten by Elaine VonCannon
Property Management: The Good, Bad, and UglyBeing a landlord is not all it’s cracked up to be. Think carefully of all responsibilities that follow purchase of an investment property for rental use. Screen your clients, run credit checks and, if you are both landlord and owner of property, learn to deal with problems objectively, fairly and legally. Many clients will try to talk their way out of serious issues like late rent payments. Some will even present a dramatic sob story – be sure to stand firm and take care of your property best way you know how. Any renter can and should be held accountable for rent they have agreed to pay. Tenants can be like children and will give you gray hairs. You may have to start coloring twice a month! Make Sure You Have Time For DIY Do-it-yourself (DIY) property management can be difficult if you have a career and a family. The responsibility of landlord position can be incredibly time consuming. As owner or manager of property you will receive all tenant phone calls to report items that need to be fixed or complaints that need to be mentioned. Tenants can be very high maintenance. Be prepared for them to call often and for minor reasons. Also, take time to complete quarterly checks every three months. Especially if you are a DIY property manager/owner, keeping an eye on condition of property is essential to maintaining your investment. Ask Questions And Read The Fine Print To find a property manager you must know what questions to ask. Write a list of reasons you want to hire a property manager and be clear about what you will expect from person or business that represents you. When you hire a property manager read property management agreement thoroughly. Many property management agreements renew annually, unless you cancel agreement sixty days in advance. Most property managers continue their management while tenants they have procured are still living on property. The management agreement will hold in place until tenant vacates regardless, of your desire to terminate current relationship. Always, be fully aware of what kind of commitment you are making in these agreements.
| | Live and Play in Your Own Backyard: Golf Communities in WilliamsburgWritten by Elaine VonCannon
Live and Play in Your Own Backyard: Golf Communities in WilliamsburgGolf has long been one of favorite leisure activities of professional and retired individuals. In Williamsburg, Virginia and surrounding areas, professional and retiree can play golf on many renowned golf courses. The devoted golf enthusiast may desire even more than this. For some golfers, ultimate immersion in sport means moving to a golf community. In and around Williamsburg, Virginia a concentration of great courses and elegant golf communities make it perfect place for golfer to live, work, or retire. Check with individual communities, but most have additional amenities such as swimming pools, tennis courts, and restaurants. Home buyers at most golf communities may choose to live in Planned Unit Development homes with maintenance included for a monthly fee in addition to a homeowners association fee. The Golf Club at Brickshire In addition to being a Curtis Strange signature course, Golf Club at Brickshire also offers golfer opportunities to play emulation holes from August National, Saint Andrews, Pinehurst #2, and Riviera Country Club. Brickshire is a relatively new 18 hole course that is only three years old at date of this writing and has been described as “player friendly” by avid golfers. Golf Digest recently gave Brickshire course a 4 1/2 star rating. Home buyers may choose from newly built and custom built attached and detached homes. The Tradition Golf Club at Stonehouse This stunning 18 hole golf course in New Kent County Virginia has been described as a challenging course that is larger than life. Featuring oversized greens and tremendous vistas, it is characterized by deep bunkers and long carries. In 2002, Stonehouse was awarded 4 1/2 stars by Golf Digest. Home buyers get ready: home sites are projected to be prepared by end of 2005. Kingsmill Resort and Spa Kingsmill is oldest gated golf community in Williamsburg and is home to three 18 hole golf courses, a marina and a conference center. The River course was once site of PGA Tour and is now location of LPGA tour’s Michelob ULTRA open. In 2004 original architect, Pete Dye, returned to oversee The River’s renovation, which included resurfacing of greens and addition of new fairway bunkering. Some golfers prefer Plantation course, an Arnold Palmer design with generous fairway landing areas and water near eight holes. The Woods Course, designed by Tom Clark, has unique features such as a double green with a bunker in middle shared by par-3 twefth hole and par-4 fifteenth hole.
|
