good luck

Duration : 0:2:1

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http://www.propertymanagementbg.com/

good luck

Interest-only is a gimmick I’d avoid, because you don’t knock any principle down with each payment. You want a loan that amortizes. The whole point of investing in real estate in the long term is to have the rent retire the debt over the years so that you have a paid-for asset down the line.

Stated income and stated asset aren’t as advantageous as full documentation because they have higher rates, which adversely affects your cash flow.

In short, you want a fixed rate loan which pays the principle down monthly and no gimmicks. If you have to state you assets or income, or need interest-only for cash flow, it probably isn’t the right time to buy yet.

Duration : 0:5:42

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If they can’t get out of the lease, they nonetheless can just ignore the oral stipulations. Will will have to abide by the written lease as well as all local laws, but beyond that the landlord can’t tell them how to live – they can just ignore anything else they say, within reason.

We are a bi-lingual venture (Spanish/English) based in Veneziola in La Manga del Mar Menor offering Management Services to owners, buyers and renters of properties in the north of La Manga, including Veneziola, Las Góndolas, Luz Bahia, Aldeas de Taray, Las Palmeras, Puerto Mar and Puerto Tomás Maestre.

The services we offer will include:

* property rentals and sales
* conveyancing – let us help with the purchase or sale of your property
* villa/apartment cleaning
* secure key-holding
* airport transfers
* ‘meet and greet’
* secure key-minding service in case of loss of your key, or if emergency access to your apartment is needed in your absence
* Domestic maintenance problem – faulty electrics, plumbing etc – we offer a 24 hour service
* competitive insurance quotes
* need a Spanish Will prepared? – we can assist
* translation/interpreter
* we have an English speaking lawyer who can help with your legal problems

Since we are a bi-lingual agency, we can market your property to a larger customer base in the UK and Spain via local advertising and the Internet. We can also help with all your insurance needs by offering competitive Insurance quotes through our Spanish office, and we are always there to advise with general information on any topic relating to living in and visiting Spain.

For our English speaking clients who require assistance with the language, we are also offering an interpreter/translation service for those visits to the doctor, hospital, lawyer, etc.

www.lamanga-soluciones.com

Somos una nueva empresa con base en Veneziola en La Manga del Mar Menor y tenemos el placer de ofrecer a nuestros clientes servicios en dos idiomas (Español e Ingés). Nuestra zona de operaciones incluye Veneziola, Las Góndolas, Luz Bahía, Aldeas de Taray, Las Palmeras, Puerto Mar y Puerto Tomás Maestre.

Los servicios que ofrecemos son los siguientes:

* Alquiler y ventas
* Limpieza de villas y apartamentos
* Custodia de llaves
* Recepción de inquilinos
* 24 horas mantenimiento – problemas eléctricos, o de fontanería etc
* Gestiones de seguros: hogar, automóviles, etc
Nuestra empresa siendo bilingüe tiene la ventaja de alcanzar un mercado mas amplio a través de internet y de publicidad local. También estamos dispuestos a gestionar presupuestos de seguro si estos son requeridos.

Duration : 0:2:17

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With 2 properties, how much money can you realisticaly make?

I will be running this business from the UK

Hi there,
my name is Monika and i am a Real Estate Agent in Cape Coral since 15 years. Some of my clients have vacation homes over here they are renting out.

Running the rental business from the UK:

- you probably will need a property Management company in Florida to look after your homes, checking in and out your guests, take care about pool and lawn service, be there in emergency situations and so on. Normally those companies are either asking a flat fee per month or a percentage off your rent

- since your business will be based out of the UK you are pretty close to your target market (all Europe)

- regarding the rent amount you might be able to get – that depends on the house, location and what kind of amenities your home offers. A house on a Gulf Access Canal close to the Ocean with a pool will give you a higher rent than a house on a dry lot with no pool

- in the area around Cape Coral/Fort Myers you can see rent for vacation homes anywhere between 400,- and 3,000,-/week

- how many weeks out of the year you can get the home rented depends on your advertising and the local property management company. Out of my experience there is a year arround season for European Guests in Florida

Beside that i would like to advise you to carefully calculate your costs, add your monthly costs up like for example:
1) your mortgage
2) property taxes
3) insurance
4) Pool and Lawn Service
5) Property Management Company
6) Power and Water
7) Basic Phone
Basic Cable
9) Reserves for repairs
10) Advertising costs

So that you know pretty exact how much money the home will cost you every month, from there you calculate how many weeks out of the year you have to rent the home to break even and please don’t trust anybody who tells you you can rent the home without a problem for 360 days out of the year. Calculate with 50% and be happy if it is more.

For example:Take a Home on a Gulf Access Canal with a pool and calculate it with an average of 1,000 Dollar/week, rent it for 25 weeks that will give you 25,000 Dollar/year income from there you deduct your costs. If you can rent it higher and your costs will stay pretty much the same – your gain will be higher as well. You still have the appreciation in the value of the property.

I would rather calculate careful and be pleasantly surprised at the end of the year instead of calculating with a higher rent amount and a higher occupancy and learn at the end of the year that a mistake was made and the number don’t work out at all.

The Vacation Rental business in our Area Cape Coral/Fort Myers works very well for some people but some others are very diappointed to. Pick your homes careful in a good vacation location, either on a Gulf Access Canal or on a Golf Course – that it what most European Guests are looking for. If you pick a home on a Gulf Access Canal make sure that you don’t have to take a 1 hour boat ride to get out to the Ocean, as closer you are to the open water as better it is for your guests. They will tell their family and friends about it – the good and the bad. In a very short time you will have returning guests and recomandations if everything is almost perfect.

By the way right now is the perfect time to buy, You can find nice Pool Homes on Gulf Access Canals close to the open waters for under 400,000 Dollar, some even under 350,000.

Monika

I’m just after some general information on how people think the property rental market will cope during a recession, and how landlords will react to it.

Would appreciate any supporting material.

In any recession there is increased demand for rented properties as people lose their homes or decide not to buy. Rents will increase. However, capital values will fall.