Amenities

Amenities

When you move, you want your new place to feel as much like a home as it can. This means that you will often search out certain things that are normally seen as a bonus, or amenity, in your apartment. This also means, however, that you most likely have to pay more for the amenities that are included in the apartment. These amenities may be considered a necessity to you, but everyone has different things they need in place before they move in. Here are a few examples that can help you decide what you need before you move into a new apartment.

1. Laundry. This is the biggest one. Most people want a washing machine and dryer at least nearby when they move. While some people prefer to have it in their apartment, others are okay with a community wash room. Many of the community ones are either coin operated or use a pre-paid card, so that is another thing to consider when you are moving. It can take a while to find the exact setup you are looking for, but if it isn’t a deal breaker for you, you can always just look for a location near a laundromat.

2. Pool. This is another common amenity that is looked for with apartment buildings. Pools can drive up the price of a rental, but they are well worth the difference to some people. Being able to cool off and socialize during the summer can be a great trade for the money, so if you are someone who really enjoys taking a dip, try to find a place with a pool.

3. Off Street Parking/Multi-Car Parking. Parking is always a hassle when you live in an apartment. Having a private parking lot or driveway can be helpful, but even then you generally only get one spot per apartment. This is great until you have two or more drivers living in the same unit. Being able to find an apartment that can accommodate more than one car can seem impossible depending on where you live, so be sure to keep an eye on those parking arrangements if there are multiple people moving in.

These are only three amenities that you may want to consider when planning on moving, but they are three of the biggest ones. If you know what you’re looking for, let Talley know and we will do all we can to find you the rental property of your dreams!

Snow Plowing

Snow Plowing

One of the biggest complaints that we hear from apartment residents during the winter is the poor plow jobs in the parking lots. If you only rent out houses as a property owner, this normally isn’t much of an issue, but owning an apartment building or complex can mean the need for a lot more resources when winter rolls around. Although most places seem to have had a relatively mild winter so far, you never know when a storm is going to roll in and take everyone by surprise. It is always important to be prepared no matter how silly it may feel. Even if you don't get a lot of snow in your area, the threat of ice is always something to consider. You should be sure to keep things like rock salt on hand just in case you need to take care of some sudden winter weather.

While there are certain “freak” storms that hit harder than expected, or even when there were no storms expected at all, it is important that you are always prepared for these situations. While it can get a bit hectic, it is always a good idea to start purchasing things like rock salt as early in the year as possible. If you cannot find salt, easily sourced materials such as cat litter can help to provide the traction that people need in order to drive around with that snow or ice on the ground. Shovels are also a good thing to have in the event that there are areas that need to be cleared that plows can’t get to or in case others break while they are being used.

Making sure that you are prepared for any amount of snow that might fall is one of the most involved yet important tasks that you can complete as the owner of a rental property. It is often a frustrating situation, but your residents will certainly appreciate the quick manner in which everything is cleared out so that they can come and go as needed. It is also important in case of an emergency occurring that requires the response of a group like the police or paramedics. If emergency responders cannot get in due to unsafe conditions, you may be held responsible for any damage or health issues that may result. Regardless of your reasoning, it is always better to make sure that you are on top of any plowing than to leave it to chance.

Noise Complaints

Noise Complaints

One of the most common complaints that rental property owners hear is a noise complaint. For the most part these complaints will only rarely occur, but every now and again you get that one resident that either refuses to quiet down and be respectful or you get a resident who seems to think that any sound that another person creates no matter how quiet requires a complaint. These can really break neighbors and may drive people away from your property, no matter how perfect the location. Let's face it, if you're trying to sleep and another person is blasting music in the middle of the night or if you are constantly getting yelled at for sneezing because your neighbor thinks it's “too loud”, it can take a toll on you.

As a landlord, it can be extremely difficult to be fair when two of your residents are in an argument. While many people will sort things out themselves, others prefer to pass the issue off to someone who is seen as an authority figure in the situation. Generally speaking, this is you. In some certain severe situations the police may end up involved, but for the sake of this article, let's focus on what you can do to help resolve these noise complaints before it reaches that point.

If there are two people that are constantly complaining about one another, you may want to try and figure out if the cause is deeper than a simple noise issue. Often, a complaint may seem to be about one thing when in reality it was started by another issue entirely. It may be that the two people simply don’t get along and want to “get each other in trouble”, but there may be a more severe issue beneath the surface. While it isn’t your job to solve their problems, it may might it easier for everyone involved if you try to help.

While no one wants to deal with noise complaints, they are almost inevitable when a large group of people are living in the same building or complex. Although it is tough, sometimes you need to remember that you can’t make anyone do something they don’t want to do, and that includes being quiet and respectful. However, it is also important to remember that the well-being of all your residents is more important than the convenience of one. No one ever said being a landlord would be easy, but hopefully you can make it quiet.

Allowing Pets

Allowing Pets

One of the biggest arguments that we hear between landlords and tenants, and even from one landlord to another, is whether or not you should allow pets in your apartment. Both sides of the issue make valid points, so we want to touch on some of the main aspects of both arguments. It is important to remember that here at Talley, we respect your decision either way, as it is your property. We simply like to help our clients make the most informed decision.

On the one hand, pets can be messy. Dogs and cats both have a possibility to undo a lot of the work that you have put into the unit. This could be from them soiling the floor or chewing up and scratching at the walls and doors. Often, smells from animals like these can linger even after they no longer live there, especially if there are carpets that were dirtied. While a large amount of this comes down to whether or not the owner stayed on top of cleaning, there is always a possibility of your next tenant being extremely allergic and even a professional cleaning of the apartment may not be enough to make it habitable for them. Even tanked animals can cause problems depending on how they were kept and cleaned.

On the other hand, pets can also be helpful for you in some ways. Many landlords require a pet deposit or even additional rent each month for someone to have a pet. You can often charge more as a base line if you allow pets, regardless of whether or not someone brings them in. You also open your apartment to a wider range of people by allowing pets, as many people will not even entertain a unit if they can’t bring their animals along. Others are medically dependent upon their pet for one reason or another. Although the law does state that a support or service animal is often exempt from the law, many will still look only where pets are already welcomed.

If you are trying to decide whether or not to allow pets in your rental property, it is always best to think about both sides of the argument. You may also settle somewhere in the middle, allowing only animals that are under a certain weight or that can be kept in a tank. No matter what your solution is, Talley will make sure to find your perfect tenant!

What Is the Best Time to Move?

What Is the Best Time to Move?

Normally when we move, it is done out of necessity. A job is relocated, a family member becomes sick, or maybe we simply feel the need to start over. When this happens, it is normally not a task that we can take extended amounts of time with. If your job is relocating, you likely can’t ask for a few months to leisurely pack up and find a new place to live. They often want you to change as soon as possible. Even if you are waiting for the end of your lease, there is a set date that you need to move before. This doesn't always allow for the possibility of extra time. If you could choose, however, what would be the best time of the year to move?

Well the short answer to that is, it depends. It depends on many different factors, such as where you are moving from and too, and whether you are able or willing to pack and drive during some seasons. No one really wants to deal with packing everything up in the dead heat of summer, but most people also don’t want to have to worry about a snow storm while they are driving all of their furniture to their new home. It can be argued that there is no truly good time to move, but that it rather depends on what works better for you personally. That said, there are certain times that may be easier to move in than others.

Many people move during the summer and into the beginning of September. This is mostly to avoid uprooting kids in the middle of the year, and it also often has to do with college kids moving in for the upcoming school year. This means that there will likely be a lot of open apartments around the beginning of summer, but it also means that many landlords know that they can ask for a little bit more during this time. Studies have shown that it is cheaper rent-wise to move during the winter, but there is less choice. As with anything in life, there is a balance that needs to be struck. The best time to move for you is going to depend on your specific requirements, so let Talley help you find a new place at whatever time of year works best for you!

Attracting Residents

Attracting Residents

As much as we love to talk about how great landlords and rental property owners are, the truth is that they are only half the package. After all, without someone to rent to, a rental property owner is simply someone with more than one piece of real estate. While investing in property is not a bad idea by any stretch of the imagination, it also something that takes a great amount of work. This isn’t an easy task, as I'm sure you're well aware. Here are a few tips about attracting new residents that are super simple and mostly cheap.

Fresh Coat of Paint. While this is often used as a metaphor, here we mean it literally. Sometimes doing something as simple as putting a fresh coat of paint on the walls of your apartment can make a vast amount of difference. Even if it doesn’t look dirty or needed to you, it may seem that way to someone coming in. It can also help when you are able to list “freshly painted” in your advert.

Clear Pictures! Having in focus and brightly lit pictures is easily one of your biggest helpers when it comes to finding new tenants. Many people won’t even call about an apartment if there aren’t any pictures, or if they’re too blurry or dark. Now with so many cell phones having good cameras, there are few excuses for you to not have at least a couple of photos available for someone to look at. Spend a couple of hours making sure that you have a bunch of decent photos, and pick the best ones to put online. You may be amazed at how much of a difference it makes.

Buzzwords. If you have recently replaced an old stove, then say there are some updated appliances. If you have a washer and dryer in unit or close by, mention it. If there are a lot of windows, be sure to say that the apartment is full of natural light. Simple words can convey a lot, so be sure to list those that apply and watch the calls come pouring in.

If you aren’t sure how to attract residents on your own, don’t worry. Talley can help you get the exact kind of person that you're looking for into your apartment. Give us a call and let us do the heavy lifting work for you. You have enough to worry about, so let us handle it instead!

Networking

Networking

One of the most important things that you can do in any business is make connections. Networking is defined as interacting with other people to exchange information and develop contacts, especially to further one's career. While this is normally thought of in regards to things like business and the arts, there is no reason that you can’t adapt the idea to fit rental property ownership. It stands to reason that everyone will need a place to live at some point in their life, so why not have a group of contacts that can help you get some of those people into your apartments?

As a landlord, you will likely deal with many people in vastly different careers. Real estate agents are going to be one of the most common, and they are some of the best people to have in your network. If they know what you have, and you have a good working relationship with them, they will remember your listing and suggest it. While this doesn’t automatically mean that you will never have trouble finding a tenant, it may give you a bit of a leg up on others who didn't take the time to get to know the right people.

Even networking with your tenants may help you get a quick turnover. If you are good at what you do, you may find that people will suggest your apartment to their friends when they are ready to move out. This can be used as an incentive as well, some landlords offer a discount on the last month of rent if their current resident finds someone else to move into the apartment upon their leaving. Naturally you will still want to screen the new tenant, but this takes a lot of the heavy lifting out of the job for yourself.

Getting a network of people who also deal with rental properties in one way or another can only benefit you. Other landlords may suggest your property if it better fits a potential tenant’s needs and real estate agents may think of you before they think of other apartments. It is always good to have some type of support system no matter what type of business you are in. Let Talley be that support network for you. Give us a call today and see just how much easier renting out your apartment is with us. It really does make a world of difference!

Model Apartments

Model Apartments

If you are a landlord or rental property owner with multiple units, you know how difficult it can be to juggle them all. If you have ever dealt with the hassle of trying to rent an apartment out while someone still lives there, then you know just how much of a struggle it truly is. Trying to negotiate your schedule, the tenant’s schedule, and the schedule of any possible renters is much like trying to herd cats. It often causes a great deal of stress for at least two parties, especially if the tenant hasn't kept things as clean as you might want them to be. It can be a trying time, and you never want to cause yourself more stress than you already deal with. If you have the room to spare, you might want to think about utilizing a model apartment.

A model apartment is rather like a tester unit for perfume or soap that you can find in a lot of stores. It is a way of showing an interested party what your apartments look like without having to work around anyone else. Simply keep it clean, and you can bring people through at any time you want without concerns of disturbing the tenant. This means you don’t need to worry about the state that the unit is going to be in or tiptoeing around other possible issues while trying to show off the property that you have.

Model apartments are also wonderful because you can have them as furnished as you wish. This means you can have it entirely empty to show your client the blank canvas that they can work with, or fully furnished to show them what they can have if they move in. Finding good furniture at a thrift store or yard sales is a great method of decorating the place, since they are normally cheap. You can even use old furniture that you no longer want if you have any. The possibilities are endless when you have a model apartment.

If you are a property owner in the Charlotte area, you should contact Talley Properties to make sure that you have access to some of the best renters in the entire state of North Carolina. Let us handle  the heavy work so that you can relax a bit while still feeling the benefits of having investment properties. Give us a call today and see just how much we can help you!

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