4/26/2013

5 Gulfport Beach Homes for Rent


These Gulfport rentals posted to Craigslist have a distinctive Florida flavor that is sometimes even difficult to find in the Sunshine State. Close to the beach and arts district, these ideal places invite renters to kick back and be worry-free.
Why buy? Renting never looked so good. Click on the link to get to the Craigslist posting.
1.) 3209 58th St S, Gulfport: Enjoy outdoor living in this waterfront condo, an 800-square-foot one-bed and one-bathroom unit. There also is an outdoor kitchen and access to a bayfront pool. Available May 1-Dec. 26.  $1799 per month.

2.) 54th Street South at 29th Avenue South: Live in the Gulfport Arts District in the "Long House," at the wishing well. Hey, this Florida beauty is a sea blue house with a white picket fence. The two-bedroom bungalow is a restored 1930s beach camp. Like Key West, without the drive. There's one
bathroom with a big, walk-in shower, which is convenient for coming in from the beach. "Comes complete with large laundry room, bicycles, kayaks, gas grill and gazebo in a spacious courtyard," according to the post. Small pets  are OK but smoking is a no-no. Available May 1. $1,500 per month.

3.) One block from Gulfport Beach: Looking for privacy? Consider this two-bedroom, 1,300-square-foot retreat. It's located just a block from the beach and has a nice, screened-in porch for relaxing. The house comes fully furnished. $1495 plus utilities for one month, $1395 for two months or more.
4.) Seaside Villas at Gulfport, 3205 58th St. South. This gorgeous studio apartment is located on the Gulfport waterfront. It comes completely furnished. Move right in June 1 for $1,343 monthly, less if you agree to stay for more than six months. Pet friendly. Includes pool, outdoor kitchen.

5.) Gulfport Cottages for Vacationers: If you're looking for a vacation rental, two-bedroom, one-bath waterfront apartments are renting for $600 weekly, with a refundable $200 security deposit and a non-refundable $100
cleaning fee.

Tips for renting out extra space in your home


In these tough financial times, many people are seeing an opportunity to help pay the mortgage by renting out an extra room in their homes. Generally there are no city rules stopping people from doing this, and it can be a huge help to a homeowner’s finances.
Whether you’re looking to fill a spare bedroom or a basement studio, here’s a little guidance that will hopefully make securing and living with a tenant go smoothly.

Finding a tenant
The best way to find a renter is to ask friends and acquaintances whether they know anyone who might be interested. This way you already effectively have a recommendation a person you trust.
If you can’t find someone that way, placing an ad online is a good bet. You can place an anonymous ad describing the living situation -- e.g., male, 9-5 professional, looking for tenant to share 2-bedroom, 2-bath condo in 90266 ZIP code. Rent $1,200 plus share of utilities.
List whatever other pertinent information you would like to know. Note in the ad for those who are interested to respond with a little information about themselves and contact information. This way you can review the “applications” and respond to ones you feel may work out -- and delete any that don’t work for your situation.

Due diligence on the potential renter
Regardless of how you find a good roommate, you need to do credit, criminal and civil lawsuit checks. TransUnion’s MySmartMove service is inexpensive and easy to use for credit and criminal background checks. You should also check the county court “case name search” online and the sex offender database, plus call past landlords and employers. This person will be living with you, and you want to do this hard work to reduce the chances of an issue.

Rules of the house
Interview potential tenants several times, and let them know the rules of the house. Discuss issues such as who takes out the trash, loud noise, house guests, paying bills and anything else that could potentially make for a difficult living situation. Be honest and forthcoming: If they don’t like your rules, they should find a more suitable place to live.

Lease documentation
You should always have a written lease. Try to get the state Association of Realtor’s lease, credit application and any disclosures that you need from a real estate sales professional that you know. You may want to write down on the lease any explicit rules, such as parking, guests and chores. And of course note the rent, due date and lease term. You should also ask for a security deposit. If something goes wrong, the written lease will be an invaluable tool to help you resolve the situation.

Income taxes
You will need to add the Rental Property Schedule E to your yearly federal income tax filing. Get a tax professional to help, and make sure to take advantage of all the items you can write off now that a percentage of your home is a rental property. In certain instances, you may be able to collect the rent and get a net tax benefit from properly recording the transaction and writing off mortgage interest, depreciation and expenses.

Related:
Leonard Baron, MBA, is America’s Real Estate Professor®. His unbiased, neutral and inexpensive “Real Estate Ownership, Investment and Due Diligence 101” textbook teaches real estate owners how to make smart and safe purchase decisions. He is a San Diego State University Lecturer, blogs at Zillow.com, and loves kicking the tires of a good piece of dirt! More atProfessorBaron.com.

Note: The views and opinions expressed in this article are those of the author and do not necessarily reflect the opinion or position of Zillow.


Read more: http://www.foxnews.com/leisure/2013/04/25/living-with-your-tenants-tips-for-renting-out-extra-space-in-your-home/#ixzz2Ra93urSq

From Concerts to Pool Parties — Venues For Rent in Pleasant Hill


The City of Pleasant Hill rents out its public venues for private parties and events, and is even taking reservations for the facilities still under construction. Best of all? Pleasant Hill residents get discounted rates.
Here's the list of the city's venues for rent, as advertised on PleasantHillRec.com:
Winslow Center: 2590 Pleasant Hill Road
This is perfect for concerts, programs or smaller parties. The stage area was designed for bands, plays or programs. It accommodates groups up to 120 theater-style or 110 for dining. Easy parking. Located in a peaceful rural setting - yet close to major freeways. It is available Friday / Saturday nights, and 2 - 11 p.m. Sundays.
Playground Birthday Parties (2-6yrs)
Rent the Winslow Center Playground Picnic Area for your child's next birthday party! 24 person capacity. Call to check availability and schedule your 4 hour time block.
Fee: $81/$66 Dist Resident
Download Winslow Center brochure and fee description PDF> 
Start a 360 ° tour of the Windlow Center here >
Pleasant Hill Senior Center: 233 Gregory Lane 
The Pleasant Hill Senior Center is open Mon-Thurs 9am-4pm, Fri 9am-3pm. 
Rental Brochure PDF >Rental Request Form PDF >
Pleasant Hill Teen Center: 147 Gregory Lane 
The new Pleasant Hill Teen Center is open Mon-Fri, school dismissal time to 6 p.m.
Rental Brochure PDF >Rental Request Form PDF >
Pleasant Hill Park: 147 Gregory Lane 
Softball diamond, 3 reservable Picnic Areas, 1 open Picnic Areas, Bocce Courts, Basketball Court, Horseshoe Pits and 2 Children's Playgrounds.
See park map >
For more information, contact 682-0896 or email nallison@pleasanthillrec.com.
Rodgers-Smith Park: Grayson Road 
Reservable Picnic Area with Barbecue, Softball/Sports Field, Sand Volleyball Court, Surfaced Basketball Court, Lighted Bocce Courts.
For more information, contact 682-0896 or email nallison@pleasanthillrec.com.
Brookwood Park: 3250 Withers Avenue, Lafayette (on the Corner of Taylor and Withers) 
This 6.3 acre neighborhood park includes a picnic and barbecue area, exercise course, surfaced court and children's play area. Rentals on weekends only; 30 person maximum capacity.
For more information, contact 682-0896 or email nallison@pleasanthillrec.com.
Pleasant Hill Aquatic Park: 147 Gregory Lane 
Diving Pool is 25 yards long. Depth: 3 1/2 to 10 feet; 2-one-meter Diving Boards, 2 or more lifeguards on duty. The Spray ground is also available for rent. Two picnic areas with barbecues, 20 person maximum capacity per area.Download aquatic facilities fee descriptions here > For more information, contact 682-0896 or email nallison@pleasanthillrec.com.
PH Education Center Pool: 1 Santa Barbara Road.  
10-Lane Pool, 25 Yards by 25 Meters, Depth: 3 1/2 feet to 10 feet. Available for parties or swim meets on weekends only.
Download aquatic facilities fee descriptions here >
For more information, contact 682-0896 or email nallison@pleasanthillrec.com.

Summer is on the horizon: BBB warns students of rental scams


Burnsville, MN – – With the school year winding down and warmer weather just around the corner, many students are planning on moving out of college dorms – or their parents’ homes – to find apartments or rental homes for the summer and beyond.
The Better Business Bureau of Minnesota and North Dakota (BBB) is reminding students of the importance of doing their homework to ensure online listings for rental properties are legitimate and avoid falling victim to scams.
“The Internet has made it very easy to search for rental properties,” said Dana Badgerow, president and CEO of the BBB of Minnesota and North Dakota. “Unfortunately, it’s also made it easier for scammers to create fake ads on sites like craigslist, which attract victims with promises of low rent, only to take their security deposits and leave them on the outside looking in.”
In an effort to help students avoid rental scams, the BBB has compiled some helpful information and tips for those who are beginning their search for rental properties. Renters should be wary if:
• The deal sounds too good to be true. Scammers will often list a rental for a very low price to lure in victims. Find out how comparable listings are priced, and if the rental comes in suspiciously low, walk away.
• The landlord is located elsewhere and prefers to communicate solely via e-mail. Scammers might say they have just been relocated out of the country for a job or missionary work – don’t believe it.
• An online listing has grammatical or spelling errors – often a sign the ad may have been created by overseas scammers not familiar with the nuances of the English language.
• You’re asked to wire money through wire transfer services such as Western Union or MoneyGram, or if you’re told the deposit or rent needs to be paid with a Green Dot MoneyPak card. Any money sent via these means is extremely difficult to trace, and there is little chance – if any – of getting your money back.
• The rental requires a security deposit or first month payment without meeting the landlord, inspecting the property or signing a lease. It’s never a good idea to send money to someone you’ve never met in person for a property you haven’t seen. If you can’t visit an apartment or house yourself, ask someone you trust to go and confirm that it’s actually for rent – and make sure they have access to the property to inspect its condition – inside and out. In addition to setting up a meeting, do a search on the landlord and the property listing. If you find the same ad listed under a different name, that’s a sign that something is likely amiss.
For more helpful consumer tips, visit http://bbb.org/us/Consumer-Tips/.
The mission of the Better Business Bureau is to be the leader in building marketplace trust by promoting, through self-regulation, the highest standards of business ethics and conduct, and to instill confidence in responsible businesses through programs of education and action that inform, assist and protect the general public. The BBB is open 8 a.m. to 5 p.m. Monday through Friday. Contact the BBB at http://www.bbb.org or 651-699-1111, toll-free at 1-800-646-6222.

4/23/2013

Commercial Real Estate Industry Celebrates Earth Day 2013


The first Earth Day, celebrated on April 22, 1970, was organized by U.S. Senator Gaylord Nelson (D-Wisconsin), who was frustrated by the fact that, despite pollution being endemic across the country, environmental issues were absent from the U.S. political agenda.
On that inaugural Earth Day, more than 20 million Americans flocked to environmental rallies, modeled after anti-Vietnam War protests, as well as a “teach-in” on the state of the environment, led by activist Denis Hayes—spawning the birth later that year of the U.S. Environmental Protection Agency and earning Sen. Nelson the title “Father of Earth Day.”
Earth Day is now celebrated annually by more than 1 billion people in 180 nations, according to the Washington, D.C.-based Earth Day Network, founded by Earth Day’s original organizers. In 2010, when Earth Day celebrated its 40th anniversary, the movement began to shift from raising awareness to benchmarking progress in environmental improvements and energy efficiency.
Many members of the commercial real estate industry are observing Earth Day this year with specific celebrations, projects, programs or awards.
Google is this year’s recipient of CoreNet Global’s annual Sustainable Leadership Award. The award goes to a project that promotes the acceleration of the adoption and diffusion of sustainable and socially responsible real estate practices. Google’s singular goal is to create the healthiest workplace possible.
In 2010, Google piloted a program to encourage manufacturer transparency and to screen out potentially harmful chemicals in commonly-used building materials. That program became known as the Healthy Materials Program. Nearly three years later, the program has 3,863 products in its global library, nearly 61 percent of which meet Google’s health criteria.
At its offices throughout the world, Google is putting building products through rigorous screening processes to determine which meet their healthy building standards. Further, the company requires transparency from vendors concerning product ingredient information.
Jones Lang LaSalle Americasis launching a "How Are You Facing Climate Change?" employee photo contest to celebrate Earth Day. The contest invites employees to submit photos of themselves making a positive impact on climate change, whether at home or in the workplace, by recycling, biking instead of driving, etc. The top 10 entries will be posted on JLL's Green Blog for public voting, and the winner will receive a to-be-determined grand prize. JLL also will implement a communications campaign to educate employees about the company's commitment to sustainability, celebrate its achievements (e.g., more LEED Accredited Professionals than any company in the world) and further engage employees in the company's "ACT: A Cleaner Tomorrow" internal program that provides tools, tips and peer-to-peer resources for sustainability activities.
In addition, all of JLL’s Earth Day communications will be electronic—no more paper posters and signs. Many JLL offices in local markets are also planning their own Earth Day programs and/or helping facilities management clients implement programs in the client properties.
For instance, one major JLL client, KeyBank,is holding several events, including a discussion for employees on aligning profit and sustainability and an employee recycling day on April 25 which will include confidential paper shredding and electronics recycling. Keybank’s retail branches also held a recycling day with confidential paper shredding service for customers at selected KeyBank branches, and participated for the fourth year in a row in EarthFest 2013 in the City of Cleveland. This community event attracts 10,000 to 50,000 attendees annually.
CBRE Group Inc.is “working with property owner clients throughout the country to plan, implement and host a range of tenant/occupant events on their properties,” says CBRE’s New York City-based Senior Director Robert McGrath. Meanwhile, the firm is undertaking several sustainable projects. For instance, CBRE announced today that the firm’s Global Corporate Servicesgroup represented NYC Bike Share in a transaction totaling 39,200 sq. ft. with MWC Management Corp., at53rd Street and Third Avenuein Sunset ParkBrooklyn.
The operators of the first bike-sharing program to come into existence in New York City selected the site because it enabled them to house all three aspects of their business in one place. The entire ground floor, consisting of 16,200 sq. ft. will be used as operational space for fixing bicycles. A call center will be housed in 8,000 sq. ft. on the second floor; the lower level of 15,000 sq. ft. will be used for parking the Sprinter vans, which will transport the bicycles back and forth to the bike stations around Manhattanand Brooklyn.
The tenant was represented by Alec Monaghan, first vice president, and Matthew Saker, senior vice president, both of CBRE’sEast BrunswickN. J. office, with Bill Jordan, vice president, CBRE’s Long Island City office. The space is in a 46,000-sq.ft.industrial/flex building. The owner was represented by Michael W. Coleman, president of MWC Management Corp.
SL Green Realty Corp.ishonoring Earth Day this week by contributing to four separate events at properties within its New York CityWestchester County and Connecticutportfolios. In New York City, at 1515Broadway,SL Green will participate in Viacom’s Earth Day celebration, including electronic distribution of educational information and participation in a vendor trade show lobby event to share and explain its various sustainable initiatives. SL Green will highlight specific building programs, including its recent LED lighting retrofitreal-time energy management system, LEED Certified green cleaning, and encourage participation in building recycling.  OnApril 30, at 333 East 38th StreetSL Green Director of Sustainability Jay Blackwill present at New York Presbyterian Hospital’s Earth Day Event to promote education and awareness of its key sustainability programs, including green cleaning,energy managementrecycling, and the building’s receipt of the U.S. EPA Energy Star Label for three consecutive years, followed by a Q&A. In Westchester County onApril 25, Reckson Metro Center360 Hamilton Avenue, White Plains, SL Green tenants will celebrate Earth Day with an evening cocktail event from 5:00 p.m. to 7:00 p.m. Co-sponsored with Heineken USA and its “Brewing a Better Future”initiative, the main lobby will be transformed into an eco-lounge event, decorated with trees, lighting, artwork and dramatic visual displays, while tenants enjoy an evening of organic foods and environmentally-responsible beverages. Additionally, SL Green is a lead sponsor of the White Plains Earth Week for the fourth consecutive year.In Stamford, Conn. on April 24at 4 Landmark Square, one of the city’s most prestigious office parks, SL Green to host an eco-friendly tenant event from 11:00 a.m. to 2:00 p.m. in the lobby. The program includes sustainable vendors exhibiting building initiativestenant rafflesorganic food sampling and green products for sale.
SL Green’s most prominent event will be “Re-Green NYC,” to be held on Saturday, May 18, atRandall’s Island in coordination with Randall’s Island Park Alliance. The event is being co-hosted by New York Restoration Project and the Urban Air Foundation. As part of the Mayor Bloomberg’s Million Trees NYCProgram, a PlaNYC Initiative, 200 SL Green tenants and employees will have the opportunity to plant 100 trees as part of its Earth Day celebration.
Earth Day marks the opening of registration for SL Green tenants and employees to participate in the May 18 event by planting 6-ft. trees on Randall’s Island. Planting trees will help preserve the environmental footprint on the island, offering significant benefits like reduction of air pollutants, capturing carbon dioxide, stabilizing soil, preventing erosion and providing shade. One tree can absorb as much carbon in a year as a car produces while driving 26,000 miles.

Home prices up 12 percent as investors bet on real estate

The US housing market, long the sluggard in the recovery, builds on its rebound, with prices of existing homes up 12 percent last month from a year ago. In a twist, many buyers aren't individuals but rather corporate investors.





WASHINGTON
Prices of existing homes in the US rose 12 percent in March from the same month last year, as the real estate market continues to bounce back, providing much-needed help to the nation’s economy.
A key factor in housing’s recovery is strong demand from major corporate investors, who see profit in the combination of still-depressed real estate prices, near-record-low interest rates, and strong demand for rental housing. The Washington Post reported Monday that institutional investors are bidding on hundreds of homes each day and account for as much as 70 percent of sales in some Florida markets.
The National Association of Realtors says that the median price of homes sold in March, buoyed by strong demand, was $184,300, 11.8 percent higher than in March 2012. The March price increase is the biggest since November 2005.
The pace of sales activity in March actually slipped a bit, declining 0.6 percent on a seasonally adjusted basis to 4.92 million. But the rate of sales in March was still 10.3 percent faster than March 2012. Existing home sales have now been above year-earlier levels for 21 consecutive months.
In a statement, National Association of Realtors chief economist Lawrence Yun said there is more demand than supply in the housing market. 
"Buyer traffic is 25 percent above a year ago when we were already seeing notable gains in shopping activity," he said. "In the same time frame housing inventories have trended much lower, which is continuing to pressure home prices." 
Previous housing recoveries have been led by families and individuals looking to put a roof over their heads, but, as The Wall Street Journal recently noted, this recovery has been different. 
“Investors – including some big Wall Street players – are leading the way,” the paper wrote. The Journal added that the phenomenon of strong investor participation is not without risk. “Their role is noteworthy given that flippers and speculators were blamed for helping to inflate the housing bubble of the past decade."
It is difficult to precisely measure the role of corporate investors. One proxy is those who buy homes in cash. The latest figures from the Realtors Association showed that all-cash sales of existing homes in March were 30 percent of transactions, down from 32 percent in February. By comparison, DataQuick MDA, a real estate research firm, told the Post that absentee buyers accounted for 31.4 percent of recent southern California sales – versus an average of less than 17 percent between 2000 and 2010. 
Last year, investor Warren Buffett told CNBC: “If I had a way of buying a couple hundred thousand single-family homes I would load up on them. It is a very attractive asset class right now. I could buy them at distressed prices and find renters.”
Major investors have taken his advice. Blackstone has acquired a portfolio of 20,000 rental homes worth $3 billion, the firm told the Washington Post. Colony Capital told the paper it has spent more than $1 billion on 8,000 homes in seven states.

4/22/2013

Difference Between Landlord vs real estate agent?


A real estate agent acts as a representative of the landlord.  Everything that an agent says or does is as though the landlord said it or did it.  If the agent tells you (in writing) that you have permission to install a shelf, you can rely on it as though it was the landlord who told you.  If the agent interferes with your privacy, it is as though the landlord interfered with your privacy.
Also, if you say something to the agent, it is as though you said it to the landlord.  So, if you notify your real estate agent of the need for repairs, it is assumed that the landlord knows about it. 
There is no law against the landlord contacting you.  The landlord can take over any of the tasks that their agent does, but they cannot duplicate them.  So if your landlord does an inspection, your agent is not entitled to do another one.
There is also nothing in law preventing you from contacting your landlord directly, if you have their contact details. Normally, tenants deal exclusively with the agent, unless there are problems with doing this.
A real estate agent is legally required to act in the best interests of the landlord, unless it would be against the law to do so.  Although agents are paid their commission from the rent you pay, it is the landlord who hires or fires them, so it is also in an agent’s interests to please the landlord.
If your rights under the tenancy agreement are breached, the Tribunal can only make compensation orders against the landlord, not the agent, even if the agent was the one at fault.  However, agents have to comply with a Code of Conduct in the Agents Regulation, and the Office of Fair Trading can investigate complaints about agent conduct (read Tenancy Factsheet: Making a Complaint Against a Real Estate Agent).
A landlord can hire, fire or change real estate agents whenever they want.  But this does not give them a right to change any terms of your lease unless you agree.  Your old agreement, whether a fixed term lease or a periodic (month-by-month) tenancy, written or verbal, continues on the same terms.  They cannot force you to sign extra terms or a new agreement.
You probably have to pay rent to a different person or account, but they aren’t allowed to make you change the way you pay rent (eg BPay, transfer, cash) or how often you pay rent (weekly, fortnightly, monthly) unless you agree to the change.  Always ask for written confirmation that an agent has been appointed or ceased acting for the landlord before you change who you pay rent to or who you communicate with.