Just Listed - Lake Norman Home For Rent

$1100 a month. $1100 Security Deposit

Mooresville, NC Townhome is a 3 bedroom, 2 ½ bath home with over 1900 sq. feet in the desirable Cypress Landing community.


Features:
Sunroom

Fully Enclosed Private Backyard with extended 13 x 20 patios

Home backs up to woods (not other townhomes)

42’ Cherry Cabinets

GE Electric Range

Dishwasher

Microwave

Refrigerator

Large Master Suite features a tray ceiling and his and her walk in closets and a bathroom suite with garden tub and separate shower and dual vanities.

One car attached garage.

PETS ALLOWED
Backyard is dog friendly featuring K9-Grass (visit www.k9grass.com) … totally maintenance free HOME!

Call 704 957 1623 or 704 451 7051 for more information or to set up a showing.

Why Use Real Living In Style Property Management Services

Real Living In Style's Lake Norman Property Management Group manages numerous single family homes, town homes and condominiums with a minimum rental rate of $700.00 per month and up to $5,000.00 per month. We are Lake Norman's ONLY firm that holds Rental Open Houses!

We do NOT manage Homeowner’s Associations (HOAs), apartment complexes or commercial properties.

We believe that to be the best you need to be great at a few things versus just being “good” in many.

We are a results oriented firm! Our firm’s monthly property management fees actually DECREASE the longer it takes us to find a qualified tenant.

Our vacancy rate is extremely low due to our market expertise and personalized service to every every client. We make every effort to accomodate every potentual tenant. Because we are Realtors ®, too, we advertise in the local MLS, reaching over 11,000 Realtors ®, as well as numerous rental advertising outlets.

See Also:

Real Living In Style Property Management Fees of Services.

Three Ways To Maximise Your ROI When Purchasing Lake Norman Investment Property

Lake Norman Property Management with Real Living In Style

Property Investment is one of the oldest forms of wealth accumulation and should always be part of a larger portfolio of investments so as to balance out your risk.

However, unlike other paper securities, the financial value of a house or for that matter any other investment property does not vary very much. Granted it may increase slightly over time or drop a little during a property slump, but this is marginal. That is why banks over time created a separate type of loan for real estate as opposed to other forms of movable chattels and this is the mortgage. This article series will highlight for you three ways to make more money and maximise your return on investment (ROI) when purchasing your property.

The first method is for you to increase your ROI by using leverage from the bank. When you purchase with your own money and then use the bank’s money to pay for the rest of a property, the return on investment would be the total cash flow minus the interest paid out to the bank and this would trump purchasing the property merely using your own money. So in other words, your return on investment would increase because you are in effect using less money to make more profit and this is the basis of the concept of financial leverage in real estate investing.

A separate spin on this idea is for you to always divide up your initial capital into several properties and purchase several Lake Norman properties at the same time and generate several cash flows from your property investment. Let your Lake Norman Property Management company assist you with the entire process. Note that while doing this, always have an eye out for which part of the property cycle you are purchasing in. If you purchase a property during the rental boom years, there is a chance that your cash flow calculations might not hold during a downturn in the economy, thus always take a more conservative outlook to your cash flow calculations.

In conclusion, using financial leverage from a mortgage can be used as a way to increase your return on investment. However, mortgages are complex instruments and the best way for you to get the best deal is to find a mortgage broker who can then do the maths and determine the best mortgage for your particular property investment.

Remember its not how much you make in gross from your rental property, but how much you get to keep after taxes and interest payment that is key to making money from property investment. This is a three part series and we will continue in the next article on how to buy a property at a bargain and boost your property investment ROI.

Lake Norman Property Management | More Real Living Discounts

Here are a few offers available through Real Living's partnership with PODS. Buying ,Selling or renting in the Lake Norman area, you can get a 10% discount on the first month of storage.* PODS is also offering a 5% discount on all long distance moves for Real Living affiliates until May 31. Call (866) 846-0900 to receive the discount. This discount only applies to new bookings and is subject to availability and service areas. Visit PODS.com/RealLiving for more information.

Portable On Demand Storage (PODS) is a storage concept that literally brings the storage facility to the consumer. We deliver the most popular size mini-storage unit by truck to the consumers location, and leaving it there to be packed by the consumer. Once packed the customer can either leave the containers on site for storage or simply ask that it be picked up and taken to our warehouse for storage until needed. These containers also can be moved to any location, in any state, where we provide service.

*10% discount off first month’s storage on a local move, except when better discounts are in place locally. Cannot be combined with any other offer. Available for a limited time only at participating locations.

Lake Norman Property Management

Beautiful Huntersvile Home in Monteith just rented by Real Living In Style in 2 weeks.

If you have a home you can not sell or you have rental property, give us a call at 704 746 3937 and let's talk about ways we can help you get your home rented.

We specialize in finding the right tenant while managing the entire process. While we started by covering all of Lake Norman, we now have moved our services to covers areas in North Charlotte as well.

Looking for a rental? We can assist you in finding the right home. Call us at 704 746 3937 for assistance.

Lake Norman Property Mangement, Real Living In Style Services

SCHEDULE OF PROPERTY MANAGEMENT FEES AND SERVICES

1. One-time bookkeeping set up fee, to be established per property.
For single family homes the fee is $45.00.
For 2-6 unit buildings the fee is $65.00.
For 7-15 unit buildings the fee is $85.00.
Anything larger is negotiable.

2. Leasing Commission (Qualifying Tenant) – 10% of the first month’s rent.

3. Monthly Management - 9% of the monthly income per building.

SCHEDULE OF PROPERTY MANAGEMENT SERVICES

Advertising
• Print media (neighborhood newspaper rental is located)
• Electronic media – All listings are posted on our web site, Craig’s list, and various other web sites. Pictures are attached to each listing.
• A “For Rent” sign is posted in front of the property.

Tenant Qualification
• Prior to showings, prospective tenants are pre-qualified over the telephone according to the restrictions of the property owners (pets, smokers, etc.) and an appointment to show the property is made. If interested, application is processed and verified.
• Credit and criminal background checks are made. Previous rental history and employment are verified.

Security Deposit
• In accordance with NC State trust law, the security deposit in the amount of one months’ rent is deposited into a non-interest baring trust account. Said deposit shall not be used as last month’s rent.

Rent Collection
• Rent is collected on the first of each month. A late fee of $50.00 is assessed after the fifth of the month.

Property Inspections
• An interior inspection is made the first six months of each initial tenancy. Inspections will continue if needed. Exterior drive-byes are more frequent.

Maintenance
• Hire, oversee & approve all work orders on said rental. Independent contractors
Licensed, bonded and insured are used.

Payments
• Any payments related to the rental property, including Mortgage, insurance, taxes, utility billings, homeowner’s dues, in accordance with the owner’s instructions.

Statements & deposits
• A summary income and expense report is provided on a as-needed basis
• Rental income can be mailed to the owner or deposited into a bank account

Compensation of Agent from Other Firms
• 10% of the value of first month’s rent

Let Us Manage Your Lake Norman Area Rental - Contact Us

Adorable Huntersville NC Home For Rent

JUST RENTED!

Adorable 3 bedroom 2.5 bath home for rent in Monteith Park.

Approximately 1500 sq. ft. with with 2 car garage and tons of upgrades.

Bring your Pet and enjoy this great neighborhood and convenient location.

Rent: $1250.00

Security Deposit 1250.00

Pet Fee $250.00 Per.

Call 704 451 7051 for additional information or to see this home.

See the Craigslist ad and view pictures.