Characteristics Of That Dreadful Landlord You Should Avoid

Published on: 02 August 2019 Last Updated on: 11 September 2019
Bad Landlord

Home should be a place of rest and comfort; a place where you and your family can happily go about your life in peaceful and quiet enjoyment. However, one unfortunate situation that has befallen many people is the issue of having a bad landlord. This can quickly transform your supposed paradise to hell.

In this post, you will learn about the telltale signs that will help you spot a bad landlord before signing that crucial agreement.

Characteristics of a Bad Landlord:

1. The building will look poorly maintained:

This is one sign that cannot be hidden. You may notice worn-out painting, cracked walls, leaky roofs, or other noticeable signs of neglect. When you complain about this, a bad landlord may either lie to you that the maintenance team have already been mobilized and will start work soon, or he may tell you the defects are not a big deal – (a statement that you will believe at your own risk).

2. General evasiveness:

Whether you are inspecting homes for sale in Palo Alto for instance, or even considering a lease, the story is the same. Whenever you notice that the landlord is not providing satisfactory answers to your questions, it will be wise to retrace your steps.

3. There are unclear clauses in the agreement:

This is another way through which you can tell that things are not right and will not be right anytime soon. You may see some clauses in the draft copy of the agreement which you don’t vividly understand.

When you ask questions, you may be told that it’s nothing, just mere formality. That’s a big red flag! When looking for homes for sale in Palo Alto, you should seek the advice and guidance of a realtor who will always protect your interest from malicious intents and purposes.

4. Desperation:

A bad landlord will most likely exhibit signs of desperation. You will notice a higher inclination towards collecting your money before any grey areas or uncertainties are sorted out.

When buying a home, you should place your funds in an escrow account before the successful substantiation of all documents. A bad landlord will likely tell you that you have nothing to fear but will disappoint you in less than no time.

5. Your instincts may tell you something is not right:

Chances are that a bad landlord would have exhibited many signs which somehow make you apprehensive and uncertain. You should learn to trust your instincts as they will not fail you most times.

Arriving for an appointment late and not apologizing, an unpleasant personality, an overbearing disposition, and other unwholesome acts are among signs that should keep you on your toes and get you accurately apprehensive about the deal.

6. Bad testimonies:

It is advisable to ask questions around the neighborhood about the personality of the landlord before parting with your money or signing any agreement. If none of the neighbors has anything good to testify say, you better abort the deal and seek for a better option.

Conclusion:

Miss Haven ensures you and your loved ones can bask in the modernity and conviviality Palo Alto is famed for staying in fantastic palaces for homes. Stay somewhere you are always eager to come back to, a house you are proud to call home!

Read Also:

Content Rally wrapped around an online publication where you can publish your own intellectuals. It is a publishing platform designed to make great stories by content creators. This is your era, your place to be online. So come forward share your views, thoughts and ideas via Content Rally.

View all posts

Leave a Reply

Your email address will not be published. Required fields are marked *

Related

Reverse Mortgages And Annuity

An In-Depth Look At Reverse Mortgages And Annuity: Understanding The Key Differences

As we grow older, financial choices become ever more essential, especially when it involves capitalizing on the value of our homes. For a significant number of seniors, their home is not only a cherished possession but also their most valuable asset. Despite being a lesser-discussed aspect of mortgage conversations - with only 1.3% of Americans currently leveraging reverse mortgages - these financial instruments are gradually gaining attention. As an increasing number of senior homeowners explore means to secure their retirement years, reverse mortgages are likely to emerge as preferred financial tools.  On the other hand, annuities provide another robust mechanism for retirement planning. Primarily used to secure a steady income during the post-retirement years, annuities are contracts with insurance companies that offer a stream of payments in return for an initial investment. This type of investment, while more traditional and broadly understood than reverse mortgages, offers its own set of advantages and challenges.  Now, It's natural to experience confusion while exploring the complex world of reverse mortgages and annuities. Although they share a common goal, these financial products diverge notably in their structure, payout mechanisms, and implications for borrowers. To shed light on these subtle differences and help you make an informed decision, let's delve deeper into these options. Unraveling The Concept Of Reverse Mortgages A reverse mortgage, typically available to homeowners aged 62 or older, is a special type of home loan that enables them to convert a portion of their home equity into cash. In contrast to conventional mortgages, which require the borrower to make regular payments to the lender, a reverse mortgage operates inversely - it's the lender who makes payments to the homeowner. Reverse mortgage payments can be taken in various forms: a lump sum, as monthly installments, or as a line of credit, offering significant flexibility to the homeowner. It's essential to underline that the borrower retains ownership and can live in the house until they choose to move or pass away. The loan, including interest and fees, is repaid when the homeowner either sells the home, permanently moves out, or passes away. If the homeowner passes away, the heirs can pay off the loan and keep the house or sell the home and use the proceeds to pay off the loan. If you are considering the option of a traditional reverse mortgage, your most advantageous step is to connect with seasoned reverse mortgage loan officers from a reputable financial organization. They are not only knowledgeable financial advisors but also trusted guides who can help elucidate the wide-ranging implications of such a decision.  These experts are adept at assisting you in reviewing your long-term financial strategies and providing insightful advice on whether this financial tool harmonizes with your objectives. In addition, they are equipped to comprehensively detail any potential negatives a loan of this kind could pose for your future financial health and its possible influence on your estate.­­ Explaining Annuities An annuity is a financial instrument that is bought from an insurance firm. In exchange for a lump sum payment or series of payments, the insurance company promises to make regular payments to the purchaser either immediately or at some future date. There are different types of annuities, including immediate, deferred, fixed, and variable. Each has different benefits, drawbacks, and risks associated with it. Advantages of Annuities: They provide a guaranteed income stream, often for life, reducing the risk of outliving your savings. They can be tailored to meet specific needs with various payout options. Some annuities offer the opportunity for growth based on market performance. Disadvantages of Annuities: They can be complex. Once the money is invested in an annuity, it is often inaccessible without penalty for a period of time. Returns on annuities can sometimes be lower than on other investments. Reverse Mortgages Vs. Annuities: Key Differences While both reverse mortgages and annuities aim to provide a steady income stream, their mechanisms and the nature of the assets involved are quite distinct. Reverse mortgages involve leveraging home equity. Under this arrangement, the homeowner, rather than making payments, actually receives payment, shifting the associated risk towards the property value and potential depletion of home equity. On the other hand, annuities necessitate an investment, often derived from savings or income. Unlike reverse mortgages, an annuity requires the owner to make an initial payment or series of payments in anticipation of future disbursements. The associated risk with annuities primarily resides in the investment itself and the insurer's ability to fulfill their payment obligations. Concluding Thoughts Both reverse mortgages and annuities offer potential pathways to secure financial stability during retirement, each with unique benefits and risks. Whether capitalizing on home equity through reverse mortgages or investing in annuities for a steady income stream, the choice hinges on an individual's financial position, retirement goals, and risk tolerance. While reverse mortgages primarily cater to homeowners, annuities require an upfront investment, underscoring the necessity to thoroughly understand these instruments.  Engaging with trusted financial advisors can prove invaluable in navigating these decisions, allowing for a comprehensive analysis of one's needs and the best strategy to meet them. As we delve into these complex financial tools, it becomes evident that informed decisions can pave the way to a secure and comfortable retirement. Learn More About: Qualified Personal Residence Trust (Qprt) How To Invest In Real Estate Business Dubai? Here’s How We Buy Houses Companies Work

READ MOREDetails
Commercial Leasing Agent

What Is A Commercial Leasing Agent?

A commercial leasing agent is a professional responsible for finding tenants for commercial properties and negotiating lease agreements on behalf of the property owner. The retail leasing agent may work for a property management company, a real estate company, or an independent contractor. They are responsible for marketing the property to potential tenants, showing it to interested parties, and negotiating the lease terms. They may also be involved in the management of the property after the lease has been signed, including collecting rent and handling maintenance issues. Commercial leasing agents play a vital role in the real estate industry by helping owners find suitable tenants for their commercial properties. These professionals are responsible for marketing the property to potential tenants, showing the property to interested parties, and negotiating the lease terms. One of the primary duties of a commercial leasing agent is to market the property to potential tenants effectively. This may involve creating advertising materials, such as flyers or brochures, and placing ads in various media outlets. They may also use their contacts in the real estate industry to find potential tenants. In addition to marketing the property, commercial leasing agents are also responsible for showing the property to interested parties. This may involve conducting property tours, answering questions about the property, and highlighting its features and benefits. Once a potential tenant has expressed interest in leasing the property, the commercial leasing agent is responsible for negotiating the lease terms. This may involve discussing the length of the lease, the amount of rent that will be paid, and any other terms or conditions of the agreement. The commercial leasing agent must be skilled at negotiating and able to advocate for the interests of both the property owner and the tenant. In some cases, commercial leasing agents may also be involved in the management of the property after the lease has been signed. This may include collecting rent payments, handling maintenance issues, and communicating with the tenant as needed. Overall, commercial leasing agents are crucial in helping property owners find suitable tenants for their commercial properties. They are responsible for marketing the property, showing it to potential tenants, and negotiating the lease terms. Their expertise and skills help ensure the property owner and the tenant are satisfied with the leasing arrangement. How To Become A Commercial Leasing Agent? To become a commercial leasing agent, you will typically need to have a high school diploma or equivalent and complete some form of training or education in real estate. Some states may also require you to be licensed as a real estate agent to work as a commercial leasing agent. Here are some steps you can follow to become a commercial leasing agent: Complete A High School Diploma Or Equivalent Most commercial leasing agents will have a high school diploma or equivalent as a minimum educational requirement. Consider Earning A College Degree In A Related Field While it is not always necessary, some employers may prefer to hire candidates who have a college degree, particularly in an area such as business or real estate. Obtain A Real Estate License. Depending on the state in which you live, you may need to be licensed as a real estate agent to work as a commercial leasing agent. To obtain a license, you will typically need to complete a certain number of hours of real estate education and pass a licensing exam. Gain Experience In The Field While you can start your career as a commercial leasing agent with little or no experience, gaining experience in the field can be beneficial before starting in this role. This might involve working as a real estate agent or in a related field, such as property management or sales. Build A Network Of Contacts In The Real Estate Industry As a commercial leasing agent, you must be able to market properties and find potential tenants. Building a network of contacts in the real estate industry can help you to find leads and learn about new properties that may be available for lease. Consider Obtaining Additional Certifications Or Training Some commercial leasing agents obtain other certifications or training to enhance their skills and knowledge in the field. For example, consider earning a Certified Commercial Investment Member (CCIM) designation or completing a course in property management. Commercial leasing agents are professionals responsible for finding tenants for commercial properties and negotiating lease agreements on behalf of the property owner. They are skilled at marketing properties, showing them to potential tenants, and negotiating the lease terms Commercial leasing agents may work for a property management company, a real estate company, or as independent contractors. They may also be involved in the management of the property after the lease has been signed, including collecting rent and handling maintenance issues. To become a commercial leasing agent, you typically need a high school diploma or equivalent and may need to be licensed as a real estate agent. Gaining experience in the field and building a network of contacts in the real estate industry can also be beneficial. Additionals: What Is Property AR? Benefits of Investing in City Centre Property 7 Tips To Purchase A Prime Real Estate Property

READ MOREDetails
Pet-Friendly Apartment

Where Are You Able To Search For A Pet-Friendly Apartment In Boston?

If you're in search of a pet-friendly apartment that allows pets, you'll be happy to know that there are many places to find such accommodations. There are several pet-friendly rental services available, including Blueground, Hub50House, and Woof Deck. All of them have specialized agents who have years of experience working with landlords and tenants.  Searching for pet-friendly apartments is not challenging. Now, most landlords are giving advertisements with these parameters. But sometimes, searching the pet-friendly apartment complexes near me will not fulfill your requirements. Therefore, you have to streamline your search and find the available apartments. 3 Best Destinations For Searching The Pet-Friendly Apartment For searching out the best pet-friendly apartment in Boston. You need to register your name in an authentic etching portal. Or you have to search the rentals for your neighborhood areas. The manual process is accurate, but it requires more time for the executions. Also, be sure to check out Apartment Guide's guide for the Boston apartments with pets. 1. Blueground There are plenty of places to look for Boston pet friendly rentals, but if you don't have much money to spend, you can search for apartments on Blueground instead. These Boston apartments are fully furnished and equipped and allow pets.  The listings range from South Boston studio apartments pet friendly to pet-friendly two-bedrooms in Kendall Square. If you have a large dog or cat, you can also search for pet-friendly apartments on Blueground. These Boston pet-friendly apartment rentals are a great choice if you're looking for a luxury apartment without the hassle of a landlord. This service has thousands of move-in-ready apartments for rent in major cities worldwide.  Whether you're staying for a month or a year, you'll enjoy the privacy and convenience of owning your own apartment. And while it's true that friends and family members surround you, you'll be able to relax in your new Boston apartment with your dog, cat, or whatever pet you want to bring along. 2. Hub50House If you're looking for a luxury pet-friendly apartment in Boston, look no further than Hub50House. Located above the famous North Station and TD Garden, this new construction complex boasts luxury units, panoramic city views, and exclusive resident benefits.  From the roof deck and grill pods to lounge seating and the first covered lawn in Boston, this property is truly something out of this world. Pets are welcome in the Club Room and can use the dog grooming station or exercise on the rooftop lawn. Residents can expect nine-foot floor-to-ceiling windows, granite countertops, and stainless steel appliances. Some units even have terraces and double vanities. Many units have keyless entry and Nest thermostats.  In addition, Hub50House buildings feature a business center, game and media room, fitness center, and coffee bar. Guests can attend complimentary fitness classes, and residents can access a fitness center and game room. 3. Apartment Guide Choosing a Boston, MA apartment with pets is no small task. You want to be sure you're getting a space that allows your furry friend to live comfortably in a home-like setting, without compromising on the quality of your life. To make your search easier, here are a few tips for finding pet-friendly apartment rentals.  First, remember that there are different types of apartments for rent in the city. If you have a pet, you'll want to choose an apartment with a dog-friendly policy. For example, Brighton apartments welcome pets and are located near Nubian Square. The neighborhood is convenient for students and commuters on the Orange Line. Roxbury Crossing is just a fifteen-minute walk away.  This apartment complex is also located right across from the Chestnut Hill Reservoir and next to a B Line stop. The apartments are beautifully appointed with hardwood floors and creamy walls, and many include an in-building laundry. Conclusion: To find a pet-friendly apartment in Boston. First, register your names in the authentic online portals. Also, keep some of these points in your mind. Most landlords are permitted to keep pets like cats and dogs. But if you have something unusual, pets like reptiles and snakes. So always carefully read the norms before signing the contracts with the landlords. Hence these are the three authentic places where you can easily find the right places for searching the pet-friendly apartments in Boston. So what is your opinion about the Boston apartment rentals? Do not forget to share your option in the comment sections. Additional: Brunswick Apartments For Sale: 4 Inspection Tips For Buyers Tips For Maintaining Your Master Lock Keys

READ MOREDetails