The Purpose of E-Renter.com
The Purpose of E-Renter.com
The purpose of E-Renter.com is to provide our clients with technology based factual data and information. Make use of our services to order and access credit reports as part of your tenant screening procedure because chances are that if your prospective tenant fails to pay others on time, they may fail to pay you as well. Avoid risky prospects, avoid problems and reduce loss. With E-Renter.com find out what your tenants financial status is before you hand over the keys to your property. Financial problems faced by certain applicants make them unsuitable as tenants. Avoid giving away your house keys based on a decision triggered by incomplete or falsified information. Our easy to read credit reports help you avoid potential liabilities, costly evictions and lost rental income. We at E-Renter.com assist you in discovering whether your prospective tenants pay their bills on time, are facing any kind of financial difficulties or have any collections or bankruptcies filed against them. Let us help you make an informed decision. Our credit reports include the following:- FICO score Payment Patterns, Monthly Payments Aliases and Accounts balance Reported Employment/ employment verification information. Credit Limits and available Credit Items in Collection Trade Lines Inquiries SSN Match Bankruptcies, liens, Judgments All of the above present to you a current and objective picture of the financial obligations and handling capabilities of your future tenant. Get all this information at E-Renter.com and be on your guard to avoid potential fraudulent tenants. To know more about tenant screening, please visit our website http://www.e-renter.com
E-Renter USA Ltd is a Consumer Reporting Agency with access to the Experian, Equifax and TransUnion Databases. We have 24/7 online direct access to consumer and business credit files as well as numerous other databases relating to credit, criminal, eviction, driving records, property deed records, assessor records etc.
Is buy-to-let still a sound investment?
With little movement of interest rates and continuing drops in house prices will buy-to-let now be an investment vehicle of the past?
With buy-to-let lenders tightening up their lending criteria, house prices continuing to fall and the general lack of confidence caused by the Northern Rock crisis I believe that experienced investors will still continue to buy rental stock, banking on long term capital gains. However first time landlords or landlords with smaller portfolios are finding it harder to fund new rental stock. For the well placed landlord that has the correct gearing on their portfolio it is still a time to hunt for the next opportunity!
There will always be risks involved in any business or investment. For example your investment can rise or fall in value and property is clearly no different. You therefore just need to ensure that you minimise potential risks.
In the past I’ve used several methods to minimise risk to my own investment portfolio. These include:
Ensure the mortgage is between 80% - 85% of the property’s value. Every time your mortgage is due for renewal try to release equity. This ensures that your rent covers your operating payments and expenses. Start building a fund by putting this money to one side. Therefore if you have sudden repair bills or a vacant property you have money to fall back on.
Always keep your property well maintained. If the rental market in your area suddenly changes pace the up together properties will rent much quicker. Always ensure you have a tenancy agreement in place, as this will protect you any your property.
Widen the range of tenants you agree to let your property to. You may find that council tenants are able to top up rent monies by their own means, giving you the rent you have always achieved. Areas which attracts students also attracts higher rents. Wear and tear may be slightly higher, but at least the monthly repayments are being met.
When increasing your portfolio look for properties that can add to the overall yield of your whole portfolio, ensuring your investments stay balanced. For example try to buy property in disrepair. Once renovated your equity should have increased, which in turn would increase your property portfolio’s yield.
More recently overseas property investment has become a trend with investors searching for the next property hotspot to invest in. Things to consider when looking for your next investment whether here or abroad include:
How easy is it to get to the property? Can you keep an eye on the property if it remains empty for a period of time? Will the property be let for the whole year or is the property’s location Summer or Winter orientated? Can you easily maintain the property yourself saving you the cost of employing trades people or does the rental income provide enough cash to pay for unforeseen repairs? Will the property’s location ever fall out of fashion with your intended tenants? Remember holiday hotspots change very quickly! Always ensure your investment has a steady stream of visitors.
Even if the U.K buy-to-let is not as buoyant as it has been over the past decade the vehicle for investment is still sound. Ensure you put time into researching your potential investment and prepare yourself for long term capital gains. The online-lettings portal will soon allow for holiday lettings to be uploaded ensuring where ever you or your property is located tenants can always be found.
Benjamin Perry CEO of online-lettings.co.uk The Specialist lettings website where you can <a href="http://www.online-lettings.co.uk">rent flats</a> or buy a <a href="http://www.online-lettings.co.uk">Tenancy Agreement</a>
Apartment Renting With Pets
If you?re a pet owner who is considering a move to an apartment there are certain things you must be keep in mind. First, whether or not your pet will be accepted by most landlords depends primarily on the type, size and personality of your pet.
Dogs:
If you own a large dog, apartment living is probably not for you. Not only will accepting landlords be hard to find, but your dog will not be happy in the confined space of an apartment. A large dog needs room to exercise and play, neither of which is usually available in an apartment setting.
If you plan to move to an apartment, make sure your dog is one that will adapt easily to this change in environment. Usually smaller, lap dogs are the best choice. However, even smaller dogs can cause problems.
If your dog barks or whines a lot you may well find yourself at odds with the landlord, as well as with other tenants. Many times your dog only causes a disturbance because it?s lonely or bored. If you?re gone during the day, you can sometimes alleviate these problems by hiring a pet walker to come in and give your dog attention and exercise.
You must also keep in mind that most apartment complexes have leash laws so you will have to accompany your dog each time it goes outside. Since most complexes don?t have areas where it?s safe for your dog to run free, this is as much a matter of your dog?s safety as it the protection of other tenants.
Cats:
Cats are the pets of choice for apartments. Most are not as socially oriented as dogs and are quite happy left on their own. As long as your cat has a nice spot to curl up and take a nap, space isn?t an issue. More than likely your pet is a house cat so frequent trips outside aren?t required.
But you must realize that some landlords do not accept cats any more willingly than they do dogs. Some have a strict ?no pets? rule. If that?s the case, don?t consider renting there. If your pet is discovered you may be evicted and/or fined.
Other Pets:
?Pocket pets? such as fish, birds, and reptiles usually don?t pose a problem when it comes to renting. However, you should still check with your prospective landlord to make sure.
General Tips:
Landlords who do accept pets often require a pet deposit. This is intended to cover any damage your dog or cat does to the premises, as well as additional cleaning that may be necessary when you leave the apartment.
If you?re searching for apartments that accept pets, there are many places to go for help. You?ll find lots of websites and message boards dedicated to this subject. You can also enlist the help of a local realtor or relocation specialist who usually have lists of ?pet-friendly? apartments. Just make sure you?re clear on the policy regarding pets before you sign any rental agreement.
If you take into account your pet?s needs, as well as those of your landlord, you?ll be much more likely to find an apartment that meets your needs.
Happy apartment hunting!
Kyle Thomas Haley has been helping people relocate on the Internet since 1999 for STANZEEKAY Inc's Relocation Websites: <a href="http://www.apartment-rental.net">Apartment Finding</a> and <a href="http://www.relocation-guide.net">A National Relocating Guide</a> Copyright 1999 ? 2005 STANZEEKAY Inc. You have permission to publish this article free of charge, as long as the bylines are included and none of the links or content are changed.
Orlando Vacation Villas — Comfortable, Luxurious and Cost Effective
Orlando is a holiday paradise for tourists and it’s a fact that it is a paradise as there are many attractions which attracts tourists towards it, for instance Disney land. If you are planning to visit Orlando with your family then you will surely enjoy it, but if you would like to get most out of your holiday and wants to stay within your budget then you have think where you are going to stay. Most of the time when you plan your vacation that means that you are going to stay at hotel but in case of Orlando, you have plenty of options where you can stay. You will find lots of hotels and resorts as well in Orlando but they are more expensive and offer limited services as per your budget. But if you rent a villa you will get more facilities at low prices. They are well equipped with contemporary facilities such as well equipped kitchen with breakfast and dinning area, TV, queen size bed, DVD player, games equipment, etc. You will get more space than any hotel or resort rooms. You can rent a villa as per your needs. Their prices are superlatively low for example $160 for four bedroom villa with luxurious and modern facilities for one day. It sounds quite surprising and unbelievable as well to get luxurious accommodation only at $160. There are plenty of luxurious hotels in Orlando, but no doubt that there is no match with vacation rentals especially when we talk of spaciousness in accommodation. You have entire house or villa instead of ramming in one or two rooms in luxury hotels. Now, take a view on comfort. The Orlando vacation rentals are fully furnished with modern furniture and kitchen are fully equipped. You will get fully furnished villa, well-equipped kitchen, entertainment resources, etc. Villas are also fully air conditioned and have swimming pool as well in order to enjoy the vacation. Other key benefit of villa is that you will get the garage to park the vehicle. Exclusive vacation villa is offers Vacation Home in Orlando at most competitive price. If you are planning to visit Orlando then contact exclusive vacation villa for Orlando vacation home rentals.
To get more information on Orlando villas, Orlando vacation rentals, <a href="http://www.exclusivevacationvillas.com/about-ruby-villa.asp">Orlando Villas to Rent</a> Log on to the website http://www.exclusivevacationvillas.com
Low Letting Fees - Too good to be true
With the huge slow down in house sales the property market is seeing an increase in demand for rental property. Some letting agents are starting to cut their commission charges hoping to increase their property stock of which they can immediately offer to registered tenants. A high turnover of properties will result in much needed revenue flowing into your agency.
Such a de-crease in charges will suit some landlords or investors amidst the credit crunch but long term this could not only damage your reputation as an agent but could put considerable strain on your agency.
Landlords are well aware that a letting agent offering low fees will be cutting operational cost else where which could result in their property not being advertised properly or tenancy agreement not being executed correctly due to a junior member of staff with little experience dealing with the set up.
Most agents will agree that there is a lot more to letting property than simply advertising it in the local paper. A lot of time is spent preparing brochures, conducting viewings, vetting prospective tenants, setting up agreements, conducting inventories and checking in tenants. All this of course costs money to do properly and takes a considerable amount of time & resources.
Landlords will naturally want to keep their costs down and you will always find customers wanting a competitive rate. However, agents offering landlords exceptionally low fees face the risk of lower profit margins, which will make it hard if not impossible to survive the credit crunch.Generally fee cutting tends to prove unprofitable, unsustainable and even costly, which could cause your agency to fold.
When landlords choose an agent they do not base their decision on price alone, but also consider experience, reputation, professionalism, qualifications, marketing budget, to ensure your agency attracts a large number of tenants through its doors and overall service.
If you feel your agency needs a competitive edge try to focus on other areas of service rather than simply price. For example you could consider a sliding fee for landlords that place more than one property with your agency, or you could add value to your charges by offering a service or product that costs your agency little or nothing to set up or provide. You could even consider offering a bundle of useful information to new landlords explaining everything a landlord should know before letting their property.
In the current climate with a number of non experienced home owners renting out single rooms to full houses there is no better time to create a helpful first impression of your agency; in the long run the home owner should return to you to let their property.
To sum up, there is nothing wrong with healthy competition and being competitively priced, if your agency is able to offer a service towards the cheaper end of the market then do so. Bear in mind there are many companies that target high end consumers and make substantial profits. If you’re going to cut your prices then do so in moderation and avoid cutting your throat.
Benjamin Perry CEO of online-lettings.co.uk The Specialist lettings website where you can find a local <a href="http://www.online-lettings.co.uk" >letting agent</a> and view <a href="http://www.online-lettings.co.uk" >flats to rent.</a>
