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

Property Management OKC Explains Clean Offers

Property management OKC: Helping you invest When it comes to property management OKC, we love to kater to investors. When our property management OKC team at Redneck Property has a customer wantin’ to invest, we often find properties priced to sell quickly. In these cases, we will urge our customers to move quickly and be prepared to submit an offer or risk losin’ the property to another investor. Here are a few tips our property management OKC team will often try to do fer out investin’ customers: 1.) If possible purchase the house with good ol’ hard cash. This is attractive to sellers because the buyer does not need to obtain financin’. 2.) Closin’ quickly is another way to make the offer strong; usually sellers want the property off of their hands as soon as possible. 3.) To show the seller our customer is a serious and committed buyer, we can put down more earnest money than customary. This sends a message that the buyer will not back out of the contract and risk forfeitin’ the earnin’ money. 4.) When submittin’ an attractive offer we don’t ask for repairs, especially if the plan is to be rehabbin’ the property. Askin’ for repairs complicates the offer and can lengthen the closin’ time. If we know a costly repair needs to be done, we’ll consider that in the price offer. It’s important we try to set up clean offers as property management OKC. This means that the offer is one with few or no contingencies that could holdup or cause a sale to fail. With each added contingencies a seller has a reason to say no. That’s just somethin’ to keep in mind there as yer lookin’ to invest. If yer interested in knowing more or need property management OKC, give us…
Source: Redneck

Property Management OKC And Inspections

Why they are important to property management OKC A home inspection is an all-inclusive examination of the condition of a home. It’s mighty important for one to be performed if we do say so ourselves. The home inspection process is often performed at the time of the sale of a property. Our property management OKC team has to make shure they get done, but did ya know there are different circumstances when it comes to inspections? Yes, indeedy! Our property management OKC team will tell ya how it goes, just so ya know, because Redneck Property likes fer their customers to feel knowledgeable about how things werk. Inspections of investment properties under contract with the property management OKC team (Redneck Property) can go one of two ways dependin’ on the situation. If the acquired property needs a complete overhaul, the investor may view inspections as a waste of time and money and choose not to do them since the investor and/or contractors will be able to inspect much of the property durin’ the remodel. This, of course, will save the investor some money upfront, but from our property management OKC point of view it creates the risk of not uncoverin’ all defects prior to purchasin’ the property. On the other hand, in order to better determine yer “margin”, the inspections can pinpoint the areas of the house you will need to repair and what it’s likely to cost ya. Of course, property management OKC comes with some necessary costs. Durin’ an inspection there will always be small defects that can easily be fixed with a little elbow grease. However, there are also some potential “deal killer” defects, especially if they involve the roof, HVAC, sidin’, foundation, or water and/or fire damage issues. These defects are potentially the most expensive and…
Source: Redneck

Explainin’ About Property Management OKC

Property management OKC: What is it? Our property management OKC team has lots of real estate dealings. It occurs to us that sometimes people may not exactly know what property management OKC really does fer ya. Well, we’re here to clear up this little mystery ’bout property management OKC. What management companies do fer ya is deal directly with prospects and tenants. This is great at saving you time and worry over marketing your rentals, collecting rent, handling maintenance and repair issues. Additionally our property management OKC team keeps ya from havin’ to respond to tenant complaints or pursuin’ evictions as we do that stuff fer ya. More specifically what our property management OKC does after closin’ on the ideal investment property, is help ya git yer ducks in a row by managin’ any repairs or remodelin’ to either flip the property for quick cash or turn it into a rental property for a high-dollar long-term investment. Linkin’ ya up with a great property manager like us takes care of you and yer property which is a win-win for everybody. If ownin’ investment properties is easier than pie, then ya may want to own more and come back to get help findin’ another great property. Finding a great property manager can be the difference between bein’ in high cotton or bein’ in the pits. You want to find a property manager that will truly care about yer investment and look after it as if it was his or her own. If a property management company owns and manages its own rental houses then you know they are in it for the long haul, not only for their fleet, but also for yers. The right property manager should be helping you rake in more dough, even though you are paying them…
Source: Redneck

We Know ‘Bout Property Management OKC Investments

Information station: Property management OKC We luv what we do! From home renovations, investments and even property management OKC! We don’t just think about property management OKC, we think about investments. Today, we’d like to take a few minutes to focus mainly on investin’ in property. We’re smart enough to know one size don’t fit all! Investors have different hankerin’s for rental properties. We got to get down to the nitty gritty with our investors to find out if they prefer ownin’ small units fer 1-2 people, single-family homes or if ginormous multi-family complexes are more appealin’ to ’em. In order to optimize the experience of lookin’ for a great investment opportunity we look for rental property with the followin’ characteristics: 1.) Properties with 3 bedrooms and 2 bathrooms. We like to find as many of ’em like this, because they are just so good at suitin’ many tenant situations. 2.) Houses that are single-story. In Oklahoma, people shure seem to like ’em. Maybe it’s on accounta those tornadoes always be sweepin’ in here, but most likely it’s because they’re just ideal. Multi-story properties usually require more work to keep up. 3.) The most important consideration when we go choosin’ a rental property is location, location, and location. Properties near good schools or close to highways and byways always seem to be big hits. We just luv to maximize our client’s rent by findin’ properties in desired areas. 4.) We also like to think on the potential for existin’ or future water damage when purchasin’ a rental property with a flat roof, basement, skylight, or property located in a flood zone or swamp. It shure can rain in Oklahoma, so this is mighty important to think about. Well, we shure do hope the above listed information tells ya’ll just how…
Source: Redneck