Cary NC - Real Estate Blog. There are many reasons why homeowners choose to get into the rental market. Many choose to rent out their homes while waiting for the market to improve. Some homeowners want to generate rental income from a second home or vacation property. Still others find themselves with multiple properties in hand after large life events, such as marriage, relocation, or inheritance.
Regardless of the reasons for getting into the business of renting properties, it’s important to get started on the right foot. That involves asking yourself some hard questions, doing your research, calling in the experts, and even putting in some elbow grease to get your property ready for the rental market. Here’s a quick guide to what’s involved.
Mull it over
Owning a rental property is much more than just collecting payments every month. As a landlord, you are legally responsible for providing a safe, livable home for your tenants, as well as maintaining the property with timely repairs. Consider that owning and maintaining rental properties is running a business. Ensure that you have the time, resources, skills, and patience for the often-unpredictable nature of the industry.
Cary NC - Real Estate blog - If you want to see a lovingly updated home, check out 806 Napleton Circle in Apex. This home will be open to the public this Sunday, April 29th from 1pm to 4pm. Delicious refreshments will be served! Check out www.806Napleton.com to get a preview of this charming home, then come see it for yourself! This home is so beautiful! This home for sale in Apex NC is thoughtfully priced at $143,500, with 1,267 sq ft, 3 bedrooms, 2 baths, 1st floor master and fenced yard! Call Town & Country Realty 919-614-9100 for a personal tour.
Cary NC - Real Estate blog - If you want to see a gorgeous home, check out 217 Shillings Chase Dr in Windermere Subdivision, Cary, NC. This home will be open to the public this weekend. Check out www.217ShillingsChase.com to get a preview of this designer executive home with 3-car garage, custom backyard spa and over $50K in luxurious upgrades. Stop by this Sunday, 3/18, from 1-4pm and see it for yourself. This home is soooo beautiful! This home for sale in Cary NC is thoughtfully priced at $399,900, with 3,573 sq ft of luxury, 4 bedrooms & 3.5 baths. Call Town & Country Realty 919-614-9100 for a personal tour.
Town & Country Realty, Inc is proud to have one of its 1st floor condominiums selected to be the site for Lowes Home Improvement most recent Dyson vacuum cleaner ad. Filming tool place while 4211 Wellington Ridge Loop is available for sale; the camera crew was most willing to take a break so that all interested buyers could check out this beautifully updated, 2 bedroom 2 bath condo, priced at $99,900. Contact Mike Montpetit, 919-303-9800 or email Mike@MikesRealEstateTeam.com to schedule a showing of this desirable 1st floor condo.
Cary, NC Real Estate Blog. Enjoy upscale amenities at 4211 Wellington Ridge Loop, 2 bedroom, 2 bath, 1st floor condo. Sample a taste of the good life this weekend! The most recent addition to nearby Waverly Place (less than a mile away) is Pure Body Fitness. Stop by to check out their grand opening this Saturday from 10m to 4pm with free classes and music. Enjoy a manicure at TRE Nail Spa and then be sure to call Mike Montpetit 919-303-9800 at Town & Country Realty to schedule your showing of this updated first floor condo. www.4211WellingtonRidge.com
Happy 2012! Many of you have asked if I think things will start selling in the Cary NC Real Estate market 2012. Without hesitation, I answer YES!
While I cannot predict that the prices will see a drastic increase yet, I expect sales volume will continue to increase. Here are some thoughts on what it will take to be successful at selling in 2012.
The Six Factors to Selling a Home in 2012 are.....
1. Market it early in the year - For those thinking of selling, do not wait. As we get closer to the summer the competition will increase, there will be more Homes for Sale in Cary NC and foreclosure inventory will rise. Currently, 10% of the homes for sale are distressed (short sales or foreclosures) in Wake County. You want to market the property when competition is low. The more competition, the less money we tend to get on the sale.
2. Market it aggressively - Aggressive marketing is the job of the Cary NC Realtor you hire. Too many agents list a property, put it in the MLS and wait for someone else to do the work. That marketing strategy doesn't work anymore. To get it sold in 2012, the property has to be pushed....the 'squeaky wheel gets the oil.' The property marketed aggressively gets the buyer.
