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How do long lease letting schemes work
How Do Long Lease Letting Schemes Work?
If you are a struggling landlord who is fed up with the stress and strain often brought about through tenants, voids and maintenance costs then you may wish to give some consideration to lease letting schemes, but what are they?
In short, there are companies that offer long lease lettings to landlords and who will maintain your property and pay rent that is guaranteed and you are not charged anything. The scheme works by the company paying you around 70% to 80% in cash for the property, even though there is a reduction in the price you do not lose out, as with the difference the company looks after the property for you and ensures that it remains in good repair. This means that the rental money you get is all yours, there is nothing taken out of it. Plus you never have to worry again where to get the money or find the time to take care of maintenance costs that often turn up when you least expect them.
A scheme that works for everyone
Long leases work in two ways, the first is that the company is assured tenants are not going to leave the property as they find tenants wanting to rent over the long term and second the tenants have the security of knowing they have a home. When tenants feel secure, they are more likely to take great care of the property and so the company does not have the worry of high maintenance costs.
Companies offering long lease letting schemes tend to offer long-term tenants the option of being able to purchase their home at some point, which again works for all parties. Landlords are able to benefit by the company finding tenants that want long term leases, there are no management costs and landlords do not even have to have contact with tenants themselves, as the chosen company takes this over. The many challenges that landlords are faced with are thereby avoided. If you are worried about voids in tenancy or are fed up with high maintenance costs, then long lease letting schemes may be the ideal choice.
The benefits to the landlord
Such a scheme may be ideal of anyone who struggles to keep tenants for the property or who are struggling to find tenants, as the company finds tenants wishing to rent over the long term and who will therefore look after the property and not let the landlord down when it comes to rent. Here are some of the many benefits you as a landlord are able to look forward to:
* Avoiding conflicts with tenants;
* You have no more bills to pay out of your own pocket for maintenance;
* There are no more voids that cause you considerable expense;
* You are able to avoid any problems and unforeseen events;
* You do not have to worry about rent arrears.
If you wish to save yourself a great deal of stress and strain a guaranteed long lease rent scheme may be the ideal solution with all the benefits. Consider entering into a guaranteed rental agreement between three and ten years with no costs to you.
How to earn huge profits from las vegas distressed properties auctions
How To Earn Huge Profits From Las Vegas Distressed Properties Auctions
Buying Las Vegas distressed properties from auctions is one of the best ways to earn huge profits and ensure your future financial security. Maybe you have heard all sorts of negative stories that could dissuade you against buying foreclosures from auctions. But keep in mind that all the challenges you will encounter when buying from auctions can be avoided if you are fully armed with pertinent information about the process.
What is Foreclosure?
A foreclosure happens when homeowners of Las Vegas distressed properties are unable to pay their monthly mortgage payments despite repeated demands from the lenders. A certain period of time will be given to the distressed homeowner to find ways to pay his arrears and update his account. If he still was not able to pay his mortgages after the grace period, the mortgage servicer will be forced to take over the distressed property, hence the start of the foreclosure process,
What is Foreclosure Auction?
The major reason why foreclosure auctions are held is to allow lenders to sell the repossessed properties and recover their investments. Many auctions are held in public locations and the properties auctioned off are priced way below their market value to attract potential bidders and to allow lenders to quickly dispose of the foreclosed homes to get back their investments.
Things to Consider Before Making a Bid:
Make sure that before you attend an auction, you have set your budget. The auction process moves fast and can be quite exhilarating. Setting a budget would ensure that despite the excitement going on around, you would not get carried away and bid on a property that is not worth the price you paid. Keep in mind that the higher the amount you bid, the lesser is your chance of earning a huge profit.
Buying Las Vegas distressed properties from auctions is the best chance you have of getting huge property discounts. So come prepared and invest your money, time and effort wisely.
Increased popularity of furnished rental apartments
Increased Popularity of Furnished Rental Apartments
The best option for individuals or family members is to shift to a fully furnished rental apartment instead of owning a furnished apartment. Variety of options is available for choosing an apartment in Florida.
Following are few suggestions for choosing an apartment on rent in Florida:
1. Saves Time: It saves a lot of time and energy in shifting the heavy furniture and other utility items. You can shift easily by carrying things for your own personal use. It will make the entire process hassle free and smooth.
2. Security: You do not have to worry about the security reasons of your apartment on rent. The owner will make the necessary security arrangements without bothering you or your family members.
3. Frequent Travelers: These apartments are very useful for the frequent travelers. If you are a frequent traveler, then owning an apartment is of no use. You can shift easily as there is no tension of shifting heavy furniture or any other security concerns of your house.
4. Repairing Expenses: You can save a lot of money by staying away from the unexpected and immediate repairing issues that can occur anytime of the day. You are not responsible for any kind of repairs related to plumbing, electrical problems etc. for your furnished apartment.
All the above benefits are the only reason of the increased popularity of rental homes in Florida among the people. There are wide ranges of apartments available that can suit your requirement as well as the budget. The other important factor is that these rental apartments are situated at convenient locations and have variety of features for making your living pleasurable and secure.
How can i accept credit cards at my mobile business
How Can I Accept Credit Cards At My Mobile Business?
If you operate a mobile business and worry about taking credit card payments the old fashioned way, rest assured that a mobile merchant account can provide you with up-to-date technology that will give you the lowest retail rate and instant card feedback while in the field. You won’t have to worry that you might not learn that a customer’s credit card is rejected when you return to the office. Nor will you have to leave a statement and hope the customer remembers to send in a payment. Now you can apply for a mobile merchant account that will provide you with up-to-date wireless equipment that can provide confidence and security while you are processing payments on the road.
When you are ready to apply for a mobile merchant account, you will be happy to know that many companies can give you an answer the same day. As long as your company has a decent credit history and is able to pay monthly fees for account services, you should have no problem in getting approved for a merchant account. If you conduct business while on the road, for example, by delivering floral arrangements, making service calls, or providing transportation, you can collect credit card payments at the point of sale rather than waiting to send a bill or hoping the customer will have the correct amount of cash or pay with a check that won’t bounce. If you plan to attend a trade show, a conference, a convention, or a seminar where you will be selling products, you can take along a wireless credit card processor to make sure you get paid the same day. Wireless units come with or without printers. They will let you get the lower retail swiped rate, along with immediate authorization and sales confirmation, instead of paying the keyed-in rate if you call the credit card number into the office for processing.
Your mobile merchant account will help you save money and time. You can handle the credit card processing yourself instead of hiring accounting staff to send out bills and call for collections when checks bounce from the back. You can even get additional mobile equipment to support your business transactions while in transit, like a pager or an e-check processor. Most units are small and easy to transport in a vehicle of just about any size. They fit neatly on a table for indoor business purposes, too. No special training is required for operating them. Just read the instructions or talk to the account associate to learn how you can start accepting credit card payments quickly and easily.
The rates for utilizing a merchant account are not prohibitive. Plan to discuss the fees with your lender to be sure you understand the pricing for each type of service. Your credit card processor may be billed at so much per transaction, or you might be able to request a monthly percentage rate. Find out why so many business owners are using credit card processing equipment that can be obtained with the help of a mobile merchant account.
How to do a preliminary fraud investigation within your own business
How to Do a Preliminary Fraud Investigation Within Your Own Business
With rises in unemployment due to the recent recession people have fallen on hard times; furthermore, this has led to an increase in crime. However, not only has theft and fraud hit our average day to day person, but it has also started to work its way onto businesses as well. With everyone in fear of their positions, a few people have seen this as an opportunity to take advantage of those fears and of the economic climate.
This is why using the correct fraud investigation techniques is important. As you know, there are already governmental bodies that do regulate fraudulent activities both through the police system, as well as specialist bodies. But this does not mean that you should not take action before the horse has bolted, so to speak, instead this is the perfect time to start to invest in your own businesses security, both from inside threats and an outside threat.
As you would expect, there are many methods of securing your business so that you will never need to have fraud investigations interfere with not only your business activities but also with your employees and contractors. The most common fraud investigation usually starts with the administrative team, this is not to say that you should not trust your administrative team, however there are a few methods that are common practice among those admin that are not truly to be trusted, so if you see these symptoms then you should start doing an internal fraud investigation to pin point the person and then report them over the authorities. There are usually two methods of fraud within the administrative team, there is first the take now pay back later technique, and the outright fiddling with the books in order to steal from the company. Both will be explored in more detail below.
The first of the two methods is when money would be essentially ‘borrowed’ making the takings lower than what has actually been produced: this money will then be returned a few days later. In order to spot this there is usually a pattern, for example they are usually paid on the Friday but the money goes on a Wednesday and is returned on the Thursday. If you notice this start overseeing the counting process and see if this pattern changes.
The second of the two is where cash payments are not put through the books, meaning that you may not even know the money is missing. In order to ensure that this is not happening you should ensure that all cash is accounted for by using regular cash lifts and by making sure that if there are any changes on tills, that the time of the change is noted so the offender can be found.
If you do notice fluctuations in money going missing and then appearing and an internal fraud investigation has failed, then always turn it over to the police for a more formal investigation. Fraud is a crime and it also similar to an addiction as some people do not even think they are doing anything wrong as long as it is returned.