Joseph Boyd's Blog
857 Quincy Shore Drive, Quincy, MA 02170
When inquiring about renting a home or condominium, you may not immediately be aware if the property is being self-managed by the owner or by a property manager or management firm that the owner has hired. There are some benefits and downsides to each. You should first ask who and how the property is being managed. This just could give you an indication of what to expect in your relationship.
Benefits of an Owner Landlord
One of the benefits of renting from a landlord who owns the property is that they have a direct vested interest in maintaining the house. This could mean that they may be more responsive and make repairs properly. Property owner landlords do not like replacing tenants and filling vacancies, so they will often treat their good tenants very well.
Negatives of an Owner Landlord
Often, the biggest downside of an owner landlord is they have too close of a personal connection with a property. They may have even done much of any remodeling or repair work themselves. They can take it personally if there is damage or a repair that needs addressing. This makes them more prone to inspecting the property more frequently. They also are more personally affected if a tenant is late with making a rent payment. They may not have the resources or be willing to spend the money, to keep a property properly maintained.
Benefits of a Property Manager
A professional property manager works as a liaison between the tenant and the owner. This keeps the owner at arm's length, making the relationship more professional and less personal. A property manager has their own reputation to maintain and should try to keep both the tenant and owner happy. A property manager often solely works on managing properties and can spend more time making sure a property is maintained.
Negatives of a Property Manager
Some would argue that the negative to working with a property manager is that they are a paid third-party with no “skin in the game” so to speak. Many property managers also manage their own properties and may manage so many properties they may not have enough time to pay sufficient attention to yours. So property managers are largely impersonal companies and may not offer the personal touch you desire.
Due Diligence Is Key
To key between selecting a professional property manager or an owner tenant usually lies in performing your due diligence before signing a lease. Ask for reference and see our reviews. Any landlord or property manager will ask for references from you. Do not be afraid to perform your own due diligence before making a decision on renting from them.
For those who want to acquire a house, it helps to get your finances in order. That way, you can quickly and effortlessly navigate the homebuying journey without having to worry about how you'll afford your dream house.
There are many quick, easy ways to straighten out your finances before you embark on the homebuying journey, such as:
1. Assess Your Credit Score
Your credit score ultimately can play a major role in your ability to secure a great mortgage. If you understand your credit score, you may be able to find ways to improve it prior to conducting a home search.
It is important to remember that you are entitled to a free copy of your credit report annually from each of the credit reporting agencies (Equifax, Experian and TransUnion). Request a free copy of your credit report today, and you can take the first step to evaluate your credit score.
If you find that your credit score is low, there is no need to worry. You can always pay off outstanding debt to improve your credit score over time.
Also, if you identify any errors on your credit report, you'll want to address these mistakes immediately. In this scenario, you should contact the agency that provided the report to ensure any necessary corrections can be made.
2. Look Closely at Your Monthly Expenses
When it comes to buying a house, it generally helps to have sufficient funds for a down payment. The down payment on a house may fall between 5 and 20 percent of a home's sale price, so you'll want to have enough money available to cover this total for your dream residence.
If you evaluate your monthly expenses, you may be able to find ways to save money for a down payment on a house.
For example, it may be beneficial to cut out cable TV for the time being and use the money that you save toward a home down payment. Or, if your dine out frequently, cooking at home may prove to be a substantial money-saver that could help you speed up the process of saving for a down payment.
3. Get Pre-Approved for a Mortgage
With pre-approval for a mortgage, you can enter the housing market with a budget in hand. Then, you'll be better equipped than ever before to narrow your search to houses that fall within your price range.
To get pre-approved for a mortgage, you'll want to meet with banks and credit unions. These financial institutions can teach you about different mortgage options and help you assess all of the options at your disposal.
Furthermore, don't hesitate to ask banks and credit unions about how different types of mortgages work. This will enable you to gain the insights that you need to make an informed decision about a mortgage based on your financial situation.
If you need extra help as you prepare to pursue a house, you may want to hire a real estate agent as well. In fact, a real estate agent can help you find a high-quality house at a budget-friendly price in no time at all.
509 Quincy Shore Drive, Quincy, MA 02171
Need a quick, easy way to transform your lawn's appearance before you list your house? Hire a professional landscaper, and you can enhance your house's curb appeal in no time at all.
Ultimately, a stellar lawn can make or break a homebuyer's first impression of your residence. If you allocate the necessary time and resources to improve your lawn today, you can boost your house's chances of making a positive first impression on potential buyers.
For those who are considering professional landscapers, making the right choice sometimes can be difficult. Lucky for you, we're here to help you streamline the process of selecting the perfect landscaper.
Now, let's take a look at three best practices that home sellers need to consider as they choose a professional landscaper.
1. Get Multiple Quotes
When it comes to finding a professional landscaper, it usually pays to shop around. Therefore, you should reach out to several landscaping companies in your area and get multiple quotes.
Provide each landscaping company with information about the type of work that you need done. For instance, if you're merely looking for someone to mow the front lawn and trim the hedges, you should get quotes for this work. Or, if you need a professional landscaper to overhaul your lawn, you should budget accordingly.
In addition, find out how long it will take a professional landscaper to complete a project, along with an estimated start date. This will ensure you can find a professional landscaper who can help you improve your lawn's appearance sooner rather than later.
2. Ask for Client Referrals
Request client referrals from a professional landscaper – you'll be glad you did. With customer referrals in hand, you can learn what it's like to work with a landscaping company before you make your final hiring decision.
Typically, a professional landscaper should be able to provide the names and contact information for past clients. Once you get this information, reach out to a landscaper's past clients directly, and you can gain comprehensive insights into whether a landscaping company can fulfill your requests.
Don't forget to look online for landscaping company reviews too. An online search of a landscaping company may provide you with dozens of client reviews in just seconds.
3. Collaborate with a Real Estate Agent
Differentiating one landscaping company from another is no easy task. As such, it often helps to get extra assistance as you search for the perfect landscaping company.
If you hire a real estate agent, you should have no trouble selecting a professional landscaper. This housing market professional can connect you with the best landscaping companies in your city or town. Moreover, a real estate agent can help you prep your residence for home showings and open houses, provide expert home selling recommendations and suggestions and much more.
Take the next step to enhance your lawn's appearance – use the aforementioned best practices, and you can hire a professional landscaper to help transform an ordinary lawn into an exceptional one.