I’ve Broken Every Lease I Ever Had: Here’s What That’s Taught Me as a Landlord

breaklease

Your tenants do not read minds-and they certainly won’t read that lease! Avoid the oblivious tenant by making sure your renter knows what they’re signing.

View the full article: I’ve Broken Every Lease I Ever Had: Here’s What That’s Taught Me as a Landlord on on The BiggerPockets Blog. This content is Copyright © 2015 BiggerPockets, Inc. All Rights Reserved.

Which is Better for Me to Hire Movers: Hourly vs. Flat Rate?

Hourly vs. Flat Rate

When you start the process of hiring a mover, you may not anticipate that there would be so many options. Full-service moving or only pickup and delivery? Buy packing materials from the company, or crowdsource yourself? Lastly, do you choose a flat-rate pricing option or go for hourly? The option

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The post Which is Better for Me to Hire Movers: Hourly vs. Flat Rate? appeared first on Unpakt Blog.

Rockies All-Star DJ LeMahieu Has Another Hit on His Hands in Michigan

D.J. LeMahieu buys in michigan

Ric Tapia/Icon Sportswire via Getty Images

The reigning National League batting champion has another hit on his hands.

Colorado Rockies second baseman DJ LeMahieu purchased a hot home in Birmingham, MI, about six miles from where he won back-to-back state High School Player of the Year awards before becoming an MLB All-Star.

LeMahieu purchased the place in December 2016 for $1.35 million. The home on the property was originally built in 1920, but it underwent a complete overhaul.

The new construction offers 2,900 square feet of living space with an open floor plan, which is perfect for entertaining. The terrace looks out to a private backyard surrounded by trees.

Rendering of LeMahieu's new home.
Rendering of DJ LeMahieu’s new home

HM Homes

The bedroom suites are on the upper level, with the master featuring a luxurious bath and his-and-her walk-in closets. The basement has a mudroom and an additional bedroom with a full bath. The home also has a walk-in pantry, custom cabinetry, and stonework throughout.

LeMahieu’s rise to stardom began in 2014, when he won the National League’s Gold Glove at second base. His solid play rolled over to the 2015 season, when he made his first All-Star team.

After hitting no higher than .301 in a single season, LeMahieu came out of nowhere and won the National League batting title in 2016. He hit an insane .439 in August and .363 in September to finish the season with a robust average of .348. He’s in the final year of a two-year, $7.8 million contract.

The post Rockies All-Star DJ LeMahieu Has Another Hit on His Hands in Michigan appeared first on Real Estate News & Advice | realtor.com®.

6 Reasons Why Your Residents Are Running To “Smart” Properties Now

Picture this: you forgot to grab your keys on the way out of your apartment and had to pay a $50 lockout fee just to come home. Upon walking through your apartment door, you realize that your heat has stopped working properly, so your apartment is ice cold. You drop your bags and head to the kitchen for a bowl of cereal, only to realize you’re fresh out of milk.

Pretty frustrating, right?

Now, imagine you could unlock your apartment door using your smartphone, which you’re never without. Say you’re also able to receive email and text alerts if your heater malfunctions, allowing you to make arrangements to get it fixed as soon as it happens and come home to a nice, warm apartment. And your refrigerator can sense when you’re low on milk, add it straight to an electronic grocery list, and remind you to hit the supermarket beforehand.

Now that’s more like it.

While the latter scenario may sound like it’s straight out of a futuristic sci-fi movie, it’s actually not so far-fetched. Smart home technology is rapidly advancing, allowing more and more automation to enter the multifamily living experience.

As new smart home features continue to emerge, residents are becoming increasingly drawn to communities that go the extra technological mile. Here are 6 reasons residents are finding smart properties simply irresistible:

Reliance on technology

Everyone uses technology. According to Forbes, a typical home will have, on average, 7 connected devices in use on a daily basis. And internet usage on mobile devices accounts for nearly 30% of all internet usage at home. Therefore, implementing smart home technologies is the perfect way to cater to your residents’ tech-centric lives. Properties that incorporate smart home technology will feel like a natural fit for those with technologically savvy lifestyles, leading to more signed leases, referrals, and happier residents.

Savings

Certain smart home technologies can track things like energy consumption and generate reports on resident usage. This data can be used to monitor in-home devices, allowing you to be proactive about faulty or defective devices and fix them before they break, drastically decreasing the risk of resident panic when things go wrong. Additionally, these technologies can provide residents with insight into their own personal usage habits, allowing them to make smarter choices and conserve when possible.

Wow factor

When touring comparable properties, it can become difficult for prospective residents to differentiate and make a decision. However, if one property implements smart home technology and the other does not, the dilemma becomes a no-brainer. Because once residents are exposed to the wonders of smart home technologies, they won’t be able to imagine a life without them.

Convenience

Simply put, automation technology is making the ability to control home environments much more accessible for residents. Drawing the blinds, changing the room temperature, and controlling the lights (as Philips Hue enables people to) can all be handled from a smartphone. Now that’s convenient.

Peace of mind

Smart home technology can also relieve residents from having to worry about the little things. For example, losing your keys or leaving the stove on aren’t causes for concern when your smartphone unlocks your front door and your oven automatically turns off after a specified length of time. Previously tragic mistakes are no longer a problem – a relief for busy or forgetful residents.

Better resident experience

Incorporating technology into your property whenever and wherever possible contributes to an efficient, more personalized resident experience. With Updater, you can begin offering such a “smart” experience before your residents even move in! Updater gives your residents an all-encompassing app for moving, designed to help them complete all of their moving-related tasks in a single dashboard. They’ll be able to seamlessly forward mail, connect utilities, update accounts, hook up home services, and much more. It’s the perfect way to incorporate technology into your residents’ living experience right from the get-go.

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