Wednesday, December 21, 2011
New property in Rancho Santa Margarita
A warm welcome to our newest property management client Mr. Choi! He owns a 2 bed, 2 bath condo in Rancho Santa Margarita that will be available for rent in January!
Tuesday, December 20, 2011
New condo in Mission Viejo
A warm welcome to our newest property management client, Mr. Unciano! He owns a 2 bedroom condo in Mission Viejo that is ready for move in ASAP! More details coming soon.
Wednesday, November 16, 2011
Available now in Lake Forest! $1250/mo.
If you're searching for the perfect 1 bedroom condo in Lake Forest, look no further! This ground level unit is nicely upgraded, with wood and tile flooring, granite counters, and large mirrors. Some furniture included. Refrigerator, washer and dryer included. 1 car garage, LARGE enclosed patio. Close to beautiful association pool/spa, and the complex is very conveniently located with regards to freeway access, Saddleback Church (among others), great restaurants, and excellent schools. Don't miss this one!
Thursday, November 10, 2011
Veteran's Day
Thank you to all of the men and women who have served in our Military. We salute you on Veteran's Day and want to thank you for your sacrifice to our country.
www.miprops.com
Saturday, November 5, 2011
Daylight Saving Time
Don't forget to move your clocks back one hour tonight for Daylight Saving Time. Enjoy the extra hour of sleep!
Monday, October 31, 2011
Happy Halloween!!
We wish everyone a safe and spooktacular evening! Whether you are passing out candy or taking your little goblins and princesses trick-or-treating around the neighborhood, we hope you have a terrific evening!
Monday, October 10, 2011
Christmas joy!
Adopt a Marine, Solider or Sailor this Christmas! Bring a little joy to those serving on the front lines for only $15! Deadline is Nov 1st. Contact us for details.
Sunday, July 10, 2011
Renters See Prices Skyrocket.
Sorry renters, but the days of low rents and lenient landlords are over — at least for now.
Nationwide, the average rate for apartment and home rentals is up 6.7% from June 2010, according to a new report from housing search engine HotPads.com. Prices for studio apartments are up 14.3%, and a five-bedroom home is 12.1% more. One- and two-bedrooms got off relatively easy, with average increases of 2.3% and 2%, respectively. Tenants will see the bulk of rent increases this year, predicts listing site Rent.com, but can expect another 3% jump when it’s time to renew in 2012.
At the heart of the increases: vacancy rates have dropped from about 8% to 6.2% nationwide over the past year. “That’s a really steep decline in a 12-month period,” says Christina Aragon, a spokeswoman for Rent.com. The drop indicates pent-up demand from people who made-do with roommates or stayed with family during the recession. Nearly half of property managers say they have also seen an increase in applicants moving from a foreclosed property, according to a recent survey from credit bureau TransUnion. “Landlords have the power right now,” Aragon says.
In past years, renters could negotiate a lower rent or other concessions, like a waived pet fee or free parking. That’s largely disappeared, leaving consumers little recourse but hunting around.
Renters have a glimmer of hope for better deals in coming years. Landlords are so thrilled with the market that they’re starting to take out permits to build new multi-family buildings, Aragon says. Prices may loosen somewhat once those properties come in the market, as early as 2013.
By Kelli B. Grant, Smart Money
http://blogs.smartmoney.com/paydirt/2011/07/05/renters-see-prices-skyrocket/
Nationwide, the average rate for apartment and home rentals is up 6.7% from June 2010, according to a new report from housing search engine HotPads.com. Prices for studio apartments are up 14.3%, and a five-bedroom home is 12.1% more. One- and two-bedrooms got off relatively easy, with average increases of 2.3% and 2%, respectively. Tenants will see the bulk of rent increases this year, predicts listing site Rent.com, but can expect another 3% jump when it’s time to renew in 2012.
At the heart of the increases: vacancy rates have dropped from about 8% to 6.2% nationwide over the past year. “That’s a really steep decline in a 12-month period,” says Christina Aragon, a spokeswoman for Rent.com. The drop indicates pent-up demand from people who made-do with roommates or stayed with family during the recession. Nearly half of property managers say they have also seen an increase in applicants moving from a foreclosed property, according to a recent survey from credit bureau TransUnion. “Landlords have the power right now,” Aragon says.
In past years, renters could negotiate a lower rent or other concessions, like a waived pet fee or free parking. That’s largely disappeared, leaving consumers little recourse but hunting around.
Renters have a glimmer of hope for better deals in coming years. Landlords are so thrilled with the market that they’re starting to take out permits to build new multi-family buildings, Aragon says. Prices may loosen somewhat once those properties come in the market, as early as 2013.
By Kelli B. Grant, Smart Money
http://blogs.smartmoney.com/paydirt/2011/07/05/renters-see-prices-skyrocket/
Tuesday, July 5, 2011
Average Security Deposit Refund
Have you ever wondered how much of the security deposit your competition is refunding, or what the average refund amount is in your state… wonder no more!
We have compiled a simple list of all 50 states and the average amount of the security deposit refund as it relates to the entire deposit.
You can download the entire Security Deposit Refund PDF (http://www.propertymanagementexecutive.com/wp-content/uploads/2011/05/RefundPercent1.pdf), but some of the notables are below.
Topping the list of most refunded is South Dakota at 97.5% and WV, VT, ME, and VA all refunding over 90% of the initial deposit.
Trailing at the end of the list for least refunded is Hawaii at 64% and MD, OR, WA, and CT all refunding less than 70% on average.
Article posted by Thomas Fanelli, Propertyware News, Industry Statistics
We have compiled a simple list of all 50 states and the average amount of the security deposit refund as it relates to the entire deposit.
You can download the entire Security Deposit Refund PDF (http://www.propertymanagementexecutive.com/wp-content/uploads/2011/05/RefundPercent1.pdf), but some of the notables are below.
Topping the list of most refunded is South Dakota at 97.5% and WV, VT, ME, and VA all refunding over 90% of the initial deposit.
Trailing at the end of the list for least refunded is Hawaii at 64% and MD, OR, WA, and CT all refunding less than 70% on average.
Article posted by Thomas Fanelli, Propertyware News, Industry Statistics
Saturday, July 2, 2011
Carbon Monoxide Detector now required in rental properties.
Effective July 1, all single family houses, condos, townhomes and multi-family up to 4 units rentals are required to have a carbon monoxide detector installed in the home. You can purchase the carbon monixide detector at any home improvement store or even Target and Walmart.
Friday, July 1, 2011
New Listing. Available Mid-July. 18 Abrigo, Rancho Santa Margarita, $1695/mo.
Best of Los Portillos! Clean and neat ground level with direct access garage plus a carport. No Neighbors behind! Newer carpet and paint, mirrored wardrobes, tile in entry, kitchen and bathrooms. 2 patios, separate dining area, plenty of windows. Fireplace too. Don't miss this one!
Tuesday, January 18, 2011
Renters Insurance
Renters Insurance is required on all leases. You can use whoever you choose but we have found that Allstate has great rates and we highly recommend John Andrews who can be reached at 949-589-1114.
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