Property Management OKC Talks ‘Bout Homeowners Insurance

Property Management OKC: What does homeowners insurance do? So most of ya know when ya buy a house that ya just have to have homeowners insurance as part of the requirement, but do ya really know what yer homeowner insurance policy does? Our property management OKC business requires us to have insurance of multiple types for various reasons. We know the importance of homeowners insurance fer yer property and we’re gonna tell ya what we know. If ya ever questioned why ya had to have homeowners insurance, this is to put yer mind at ease. Property management OKC will tell ya the reason homeowners insurance is required. It is set as a requirement by the lender and/or the state ya live in because, it protects the lender’s investment from loss or damage whether it be that it was caused by fire, theft, vandalism or weather. That’s what homeowners insurance covers on a basic level. Often times, as property management OKC has found, some people figure out they ain’t got quite ‘nough insurance to cover all personal belongin’s. For insurance needs beyond the general policy, there are usually add-on options. With personal liability protection ya have a way to protect against lawsuits comin’ yer way in the event that someone gets injured at yer house. Property management OKC knows that, of course, just as with renter’s insurance and landlord insurance, there might be different needs ya have that vary from yer neighbor’s. Check around and ask yer insurance agent fer different options. Since yer home is a pretty important aspect of yer life we figure that kind of investment is worth savin.’ If ya want to know more about property management, rentin’ a property, investin’ or sellin,’ give our property management OKC team a call at Redneck Property (405-673-5700). The post…
Source: Redneck

Property Management OKC Discusses Landlord Insurance

Property Management OKC: Why buy landlord insurance? Do ya have a home that yer thinkin’ ’bout rentin’ out? This is just flat out simple advice from Redneck Property’s property management OKC team; get landlord insurance. Renters insurance protects the renters, homeowners insurance covers ya if yer livin’ there and landlord insurance offers ya protection if ya rent out yer property. Let’s face the truth, ya don’t always know what yer gonna get when ya rent out yer house. Imagine fer a second that ya rented out yer home and the renters completely wrecked the place, left in the middle of the night and didn’t pay the rent. What do ya do? Sadly, some renters may not treat yer property with the same respect ya would have fer yer own home. Property management OKC always makes sure to get landlord insurance and here’s why: The type of things ya can expect yer landlord insurance policy to cover include big ticket items like fire, wind, theft, tenant and ice damage. Anything on the property that belongs to ya like the shed would be covered in most landlord insurance coverage options. Our property management OKC team’s landlord needs might be different from yer needs so thankfully there are several different options for landlord insurance policies. It’s always best to shop around, ask lots of questions of your agency and obtain the best coverage for yer needs. Based on the experience of our property management OKC team, we would say that if yer insurance agent doesn’t offer a landlord insurance policy that meets all yer needs right away, ya might be able to tack on an umbrella policy that provides additional liability protection beyond the limits of your landlord policy. Property management OKC requires us to purchase insurance so we feel it is important…
Source: Redneck

Property Management OKC Shares Why Renters Insurance Matters

Property Management OKC: The importance of renters insurance Maybe instead of ownin’ a home ya decided rentin’ a home is a better option fer ya. Now think fer a second ’bout what ya would do if ya came home only to discover that yer home had burnt down or all of yer personal belongings were ruined due to another disaster? Do ya think that yer rental property and everything inside is automatically covered by the landlord’s insurance policy? Unfortunately, that’s not always the case. Property management OKC shares why renters insurance matters. The truth is that many renters often believe they are covered by their landlord’s policy so they don’t think ’bout gettin’ their own renters insurance. Our property management OKC team will tell ya that ain’t good, because if something happens it’s a little too late to be discoverin’ the truth ’bout yer insurance coverage. Unless the damage is the direct result of the landlord’s negligence, then yer often on yer own. If ya want to protect yourself and yer belongings, then ya need renters insurance. Renters insurance is a lot like homeowners insurance for property management OKC. In the event that yer property is destroyed, ya get money to replace it. The value of yer belongin’s will need to be decided by an inspector, but if ya have renters insurance, yer insurance company will cover at least some of yer costs. Ya may not think that ya have very much if ya happen to be livin’ in an apartment or small home, but ya just might have more than ya think and it can add up. This is especially true if ya consider all of yer furniture, clothing, electronic devices and valuables. Property management OKC always encourages our renters to have their own insurance. Another benefit of renters…
Source: Redneck

Property Management OKC Gives Remodelin’ Fer Profit Tips

Flippin’ Houses The Property Management OKC Way Before the creation of Redneck Property, Trent Braden began his own business, Braden Investments, and has been managin’ his own properties and remodelin’ properties since 2008. With that same passion, Redneck Property’s property management OKC team continues to have a love fer remodelin’ and sellin’ houses fer profit. Think ya have a hankerin’ to flip some houses, too? We got some helpful tips to share ’bout remodlin’ fer profit so stick ’round! First property management OKC will mention the three important C’s ya need to get started. The three C’s are credit, cash and comprehension. Ya need to have a decent credit score to get the best deal on home loans. Ya need to have cash on hand fer a down payment, closin’ costs and the remodelin.’ Of course, ya also need comprehension of the real estate market so ya can get the best bang fer yer buck. Once ya have mastered the three C’s ya can move on to the meat of property management OKC’s remodelin’ tips. 1.) Seek a simple fixer upper: Property management OKC advices fer ya to steer clear of rabbit holes; pick a house that isn’t fallin’ apart completely. Ya don’t want to waste resources practically rebuildin’ a house. Remodelin’ and rebuildin’ are two different avenues. 2.) Budget yer time and money: Part of the property management OKC motto is “don’t fix what ain’t broken.” Use the best aspects of a house to yer advantage. The two main focus areas fer upgrades that are people pleasures are usually the kitchen and bathrooms. Try to budget yer time and money on that first, but if problems present themselves such as mold in the walls or rewirin’ is needed then take time to focus on what ya can actually afford…
Source: Redneck

Property Management OKC Dives Into Mortgages

Property Management OKC: Bank Loans VS. Mortgage Company Our property management OKC team at Redneck Property know lots ’bout havin’ to get financin’ fer a home loan. We like to buy houses, flip ’em, sell ’em again or just help out other investors. To the average home buyer, there might be different routes yer gonna wanna take to obtain yer mortgage loan. Today, we’re gonna dive into some mortgage chatter ’bout this very subject between whether ya should get yer mortgage loan from a bank or from a mortgage company. Bank loans: This is a method property management OKC likes to use lots of the time. For property investors going the bank route could be the quickest and easiest option, because the bank ya have yer money with should already be pre-aware of yer financial cash flow. In some cases, there are lower interest rates by werking with a bank for yer loan. Plus, if ya have yer bankin’ account where ya have yer mortgage account it could be a perty sweet set-up fer some auto payments to take place. Mortgage company: Property management OKC knows that sometimes these mortgage broker guys will actually offer lower rates than the bank, but ya have to check. Homeowners like to go to mortgage companies when they don’t wanna or simply can’t get financin’ through the bank. Mortgage companies often have more options on the table for the little guys. The big bank mentality tends to scares people sometimes so they turn to mortgage companies which are seemingly less bureaucratic. The bottom line is as property management OKC we believe that most investors with lots of home buyin’ opportunities may be better off going to bank loan route, while single home owners may be better off going the mortgage company route to obtain…
Source: Redneck

Property Management OKC Talks ‘Bout Home Buyin’ Strategies: Part 3

Property Management OKC: Gettin’ ya ready to buy The air is warm, the sun is hot, but that doesn’t stop property management OKC from werkin’ like dogs. It also doesn’t stop home buyers from wantin’ to shop before the crazy skool days get started. In the last two parts of this series our property management OKC team went over a few home buyin’ strategies to help out before shoppin.’ In part three of this series our property management OKC team is goin’ to talk ’bout what ta do while yer shoppin’ fer a home. By the time yer shoppin’ fer a home, hopefully yer financial life has already been examined thoroughly by a lender (if ya followed the part 1 & 2 steps). Now, it’s on to lookin’ at homes. To maximize yer time, our property management OKC team proposes ya make yerself a handy lil’ list of whatcha want in a home. Check off items as ya look ’round. Once ya narrow it down make shure ya have a property inspection completed with someone ya trust to give ya honest feedback. Finally, as with any legally bindin’ document, actually read what yer gonna sign if ya decide to buy. So, there ya have it. We have talked to ya ’bout gettin’ yer finances in order, gettin’ a pre-approval and what to do once ya start lookin’ at houses. Whew! Our property management OKC team knows there shure is a lot of werk that goes into buyin’ a home. If ya take the time to get prepared before ya jump into a situation ya can’t easily get out of, ya’ll feel better ’bout yer home buyin’ decision. If ya have questions, you could give our property management OKC team a call at Redneck Property (405-673-5700). The post Property Management OKC…
Source: Redneck

Property Management OKC Talks ‘Bout Home Buyin’ Strategies: Part 2

Property Management OKC: Gettin’ ya ready to buy Property management OKC at Redneck Property is alive and kickin,’ but right now so is the home buyin’ market! Everyone wants to scramble ’round and get things done before the summer comes to a halt. We get it, but our property management OKC team also happens to know that some people ferget lots of lil’ things when they start gettin’ the hankerin’ to buy a home. Before ya can really start lookin’ at a home, ya have know a lil’ bit ’bout yer financial situation. In part two of this three part series our property management OKC team is goin’ to talk ’bout one particular strategy that will give ya a leg up in the race to beat out competitive home buyers. When it comes to buyin’ a home, ya have to think about where yer money is comin’ from. If yer rich enough, ya probably don’t really need help, but like most of us folks, ya need financing from a lender. Our property management team will suggest fer ya to get a pre-approval before ya start lookin’ at homes. If ya see a property ya really love, but wait too long to get yer approval completed, the home could be sold by the time ya return. If ya already know what ya can afford from havin’ a lender look over yer finances, then ya know exactly what ya can offer up. If ya have yer credits scores, yer down payment, yer closing cost cash and yer pre-approvals all ready to go, then yer gonna be a force to be reckoned with. Our property management team doesn’t want ya goin’ into such a investment fer you and yer family without being truly ready. Once ya got all yer finances in order there’s…
Source: Redneck

Property Management OKC Talks ‘Bout Home Buyin’ Strategies: Part 1

Property Management OKC: Gettin’ ya ready to buy We’re busy conductin’ property management OKC business and some of ya might be busy thinkin’ ’bout buyin’ a home. In ’bout a month it will be back to skool time which means if yer lookin’ to buy a home ya want to make certain ya got all yer ducks in a row and get the process goin’ before skool preparations take over yer life. Before ya can really start thinkin’ ’bout gettin’ into a home loan situation ya have to prepare yerself a lil’ bit. In part one of this three part series our property management OKC team is goin’ to talk ’bout a few home buyin’ strategies or preparations ya might consider before gettin’ tangled up in the home buyin’ process. First off, ya want to have a decent credit score to get the most value outta the deal. Aim for anything over 500 on yer credit score to even be considered for a loan. Of course, if ya have a higher credit score yer monthly payments are likely to be lower. Second, ya have to think ’bout havin’ a down payment. Payin’ at least 5% down is suggested, but dependin’ on what yer buyin’ the suggested down payment price may increase. Third, have money saved up in case yer stuck payin’ closin’ costs. Sometimes, this isn’t able to be negotiated with a seller. Our property management team knows that buyin’ a home is one of the largest investments you and yer family will ever make, so we wanna make sure yer truly ready. If ya have all three of the above mentioned items in good standin’ then ya just might be ready to get a home loan! Buyin’ a home has quite a few other steps ya might need to…
Source: Redneck

Property Management OKC Team Givin’ Summer Lawn Care Tips

Property Management OKC: No weeds, just green & cut! Did ya know that keepin’ yer lawn in good condition is important whether yer buyin’ or if yer rentin’ a property? Not only is it the part of the property that everyone sees first, but if ya don’t mow yer lawn on a regular basis and take care of weeds, the state can give ya a mighty stern warnin.’ We know it’s seem silly that on one hand ya have to keep waterin’ yer lawn to keep it green and on the other hand ya have to worry about keepin’ the lawn maintained. It’s just a part of livin’ in a house! Here are a few summer lawn care tips to keep your lawn looking green, cut properly and weed free this summer. Property management OKC tip #1: Don’t walk on the grass. It will cause it to be damage. Property management OKC tip #2: Buy some weed spray and give yer yard a good once over. Property management OKC tip #3: Spray fer bugs, too. Bugs can wreak havoc on a lawn! Property management OKC tip #4: Don’t mow more than 1/3 the grass’ height to keep weeds from creeping in. Property management OKC tip #5: Water yer lawn in the mornin’ to avoid increased evaporation. Let the rain do the werk fer ya if ya can! While most of Oklahoma’s city codes state that yer lawn must be mowed before it hits 12 inches tall, keep in mind that some cities may have special standards. Ya may want to search the code standards for the city ya live in to avoid any angry letters being posted on yer door. Have a great summer and good luck with yer lawn! The post Property Management OKC Team Givin’ Summer Lawn Care…
Source: Redneck

Property Management OKC Tips On Looking For A Real Estate Agent

Property Management OKC: Steps to choosing the right agent Sellin’ yer house is a big step and you might find yerself in need of some help from a real estate agent like us good ol’ boys dealin’ with property management OKC. We’re gonna give ya some great tips that you should consider when choosin’ yer real estate agent, because selling yer house just might be one of the most important decisions you make in life. 1.) Experience of the agent is important: Yer realtor needs to eat, sleep, and breathe real estate, and also needs to have some skin in the game. Finding a realtor that not only werks with investors, but also invests in real estate is a coup (not the chicken kind). You want a realtor who is advisin’ you based on personal experience and not solely on what they heard through the grapevine. Our property management OKC team has the know-how, in case ya wondered ’bout that and ya can read more about our credentials here. 2.) Check references or testimonials: Buyers in today’s age are more well-informed than ever and they research most everything before making a purchase. Investin’ is no different. Just because yer real estate agent has credentials doesn’t mean anything if they don’t have words from other satisfied customers to back them up, right? People who have werked with our property management OKC have been kind enough to leave us testimonials and ya can view those right on our website. 3.) Find out what geographical area they serve: The thing ’bout real estate agents is that the number one factor of specialization usually comes down to geographical location. For example, our property management OKC team serves OKC and surrounding areas. Sometimes agents will be flexible, but it’s always best to make certain before…
Source: Redneck