Daily Archives: May 21, 2011

Bedford NY Luxury Shelters for the End of the World | End of the World Bedford NY Real Estate

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Luxury Shelters for the End of the World
CNBC.com | May 20, 2011 | 03:18 PM EDT

It’s a modern day Noah’s arc, a luxury shelter fully equipped with everything from an entertainment theater to an exercise room. If you can fork up between $25,000 to $50,000, this could be your home away from home should disaster strike.

Robert Vicino says business is booming. His company, The Vivos Group, is in the process of building seven shelters around the country and one in Europe that is expected to be the size of Wal-mart [ WMT 55.29  -0.19 (-0.34%) ].

“Our goal is to accommodate 6000 people worldwide by 2012,” he tells CNBC. “That’s only one in one million people so we’re not even scratching the surface with the potential here.”

  • (Video: CNBC’s Darren Rovell reports from a luxury bunker at an “undisclosed” location in Indiana.)
  • The shelters are buried 25 to 50 feet below the earth’s surface so they can withstand a 50 megaton nuclear blast within a 10 mile radius, biological and chemical attack, earthquakes and tsunamis.

    Sites are chosen based on many factors including proximity to a major population and distance to natural resources but secrecy is crucial to the business.

    Exact locations of the shelters are known only by each shelters co-owners as they want to avoid riots and stampedes to the sites should a disaster occur.

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    Is repainting rule unreasonable for renters? | Inman News for Mt Kisco NY Real Estate

    Is repainting rule unreasonable for renters?

    Can landlord keep security deposit if tenants use 'unapproved' contractor?

    By Robert Griswold, Friday, May 20, 2011.

    Inman News™

    Flickr image courtesy of <a href=Flickr image courtesy of farrahsanjari

    Q: We have lived at my apartment complex for nearly 16 years. Recently, I have heard from many friends who have moved out that the property management company has some rather stringent restrictions regarding the painting of walls upon moving. The rules state that the "tenants upon vacating their rental unit must submit a paid receipt from (a particular painting contractor) or they will not be considered for a refund of their deposit(s) of any kind."

    I did paint some accent walls in vivid colors with the understanding that when we moved out we would have to repaint the unit back to the drab "Navajo white" that was used throughout our 2-bedroom rental unit when we moved in. I called and have found that the proposed cost of repainting our rental unit with this particular painting company is not out of line.

    But I have heard rumors that this company is owned by the owner’s son, which is the real reason behind their requirements. Is it proper for the property management company to demand that people moving out must utilize only one painting contractor that they recommend?

    A: I don’t believe it’s reasonable for your landlord to demand that a specific painting contractor is used regardless of who owns the company. I do think the landlord has the right to be concerned that the restoration of the painted accent walls is done in a professional manner.

    Depending on the color of the accent walls, it may require the painting contractor to apply a primer coat and then more than one coat of paint to properly cover the accent wall.

    I would have no problem with the property management company offering a list of preferred painting contractors to their tenants when they move out.

    This could actually be helpful and would be especially attractive to you as the vacating tenant if the painting contractors are willing to do the work at lower rates that are typically only available to large rental property owners or property management companies.

    I also would expect the landlord to be willing to allow you to do the painting yourself as long as the work was done properly and the results were good. They may be able to provide you with some help by recommending a local paint and materials supplier so you can quickly and efficiently return the brightly colored walls back to the landlord’s favorite, Navajo white.

    In your case, you were a tenant for 16 years so I wouldn’t expect your landlord to require you to do any painting unless they had routinely repainted your rental unit periodically throughout your tenancy and the paint was damaged.

    Of course, if you agreed to repaint the access walls upon moving out, your landlord may want you to fulfill your promise, but many landlords would just be delighted that you stayed for such a long time and will gladly cover all repainting costs.

    Q: We have been good renters for more than nine years and live in a modest rental home in the suburbs of a large metropolitan area. Every year we sign a one-year lease, and there have been no changes at all to the terms of the lease except for an adjustment of the rent to a higher amount in some years.

    We understand that rents for comparable homes in the area have increased and believe our landlord has been fair to us. Of course, we also think that we have treated the rental home as our own and always pay our rent on time if not actually early in some months.

    However, we just received our latest proposed 12-month lease agreement and were shocked that the landlord has increased the required security deposit by $100. Our current lease will expire at the first of next month, and there is no provision that the lease will convert to a month-to-month rental agreement. She hasn’t given us any explanation, but we wanted your thoughts on whether she is allowed to arbitrarily increase our security deposit. Can she?

    A: Yes. You have had a series of nine 12-month leases and each lease is a contract that stands on its own. So once your current lease has expired you will no longer have a valid contract. So each year what you and your landlord have essentially done is agreed to a completely new contract. Both parties have the ability to renegotiate or seek to change the terms of the new contract.

    In this case, your landlord has asked that you increase the amount of your security deposit by $100. That is a reasonable request that you can decide to abide with or you can refuse and decide to vacate the premises.

    Of course, you certainly have the right to ask the landlord the reason for the increased security deposit, but she does not have to justify her reasoning. Most likely the landlord is simply trying to make sure that she has sufficient funds to protect herself.

    You have acknowledged that your rent has increased over the last nine years while the security deposit has remained the same. The expected costs for the landlord to make any repairs to the rental home to cover any damages that exceed normal usage when you move out have also increased.

    An exception is if the security deposit held by your landlord is already at a maximum allowed level under state or local law. For example, some states have a maximum security deposit that a landlord can require that is equal to two times the monthly rental rate. If that was true for your area, then if your rent is $1,000 per month the maximum security deposit would be $2,000.

    Also, check the lease to see whether the landlord has provided a proper period of written notice for the increase in security deposit.

    This column on issues confronting tenants and landlords is written by property manager Robert Griswold, author of "Property Management for Dummies" and "Property Management Kit for Dummies" and co-author of "Real Estate Investing for Dummies."

    Email your questions to Rental Q&A at rgriswold.inman@retodayradio.com. Questions should be brief and cannot be answered individually.

    Contact Robert Griswold:
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    Copyright 2011 Robert Griswold

    All rights reserved. This article may not be used or reproduced in any manner whatsoever, in part or in whole, without written permission of Inman News. Use of this article without permission is a violation of federal copyright law.

    10 most-searched real estate markets in April | Inman News for South Salem NY Real Estate

    Realtor.com: All markets on the list experienced year-over-year price declines

     

    Metro areas in the South and West dominated a list of the 10 most-searched markets on Realtor.com in April, according to monthly data released by the site Wednesday.

    The search rankings are based on the number of visitors that viewed properties in 146 metro areas in the U.S.

    Chicago was the most-searched market among the metro areas, followed by the only other Midwestern metro on the top 10 list, Detroit. Three Western metros rounded out the top five: Las Vegas, Phoenix, and Los Angeles-Long Beach.

    Except for Philadelphia in the Northeast at No. 7, the rest of the metros on the list were in the South: Tampa-St. Petersburg-Clearwater, Fla.; Atlanta; Dallas; and Orlando, Fla. The metro areas in the top 10 did not change from March.

     

    Each of the 10 most-searched markets saw their median list price fall year-over-year in April. Detroit saw the biggest drop, down 18.2 percent to $89,900, followed by Atlanta, with a 13.6 percent drop to $159,900.

    Dallas saw the smallest drop in median list price, down 1.1 percent to $189,900, followed by Philadelphia with a 4 percent drop to $240,000.

    The U.S. median list price fell 4 percent to $191,900.

    Search RankGeographic AreaMedian List Prices   Median Age of Inventory
     $% yr.-over-yr. change 
    # days on site
    % yr.-over-yr. change
          
     United States$191,900-4%9513.1%
          
    1Chicago$212,000-11.3%10215.9%
    2Detroit$89,900-18.2%6272.2%
    3Las Vegas$125,000-10.7%892.3%
    4Phoenix-Mesa$147,900-10.4%798.2%
    5Los Angeles-Long Beach$325,000-12.2%61-1.6%
    6Tampa-St. Petersburg-Clearwater, Fla.$143,000-10.6%103-4.6%
    7Philadelphia$240,000-4%8120.9%
    8Atlanta$159,900-13.6%813.8%
    9Dallas$189,900-1.1%7016.7%
    10Orlando, Fla.$158,000-6%94-6.9%

    Source: Realtor.com

    Total listings inventory fell year-over-year in all but two markets in the top 10: Las Vegas, where it rose 8.3 percent; and Philadelphia, where it rose 0.1 percent. Inventory fell the most in Orlando, -33.8 percent, and in Detroit, -23.7 percent. In the U.S. overall, listings inventory fell 8.3 percent last month.

    Eight of the 10 most-searched markets had a lower median age of inventory than the U.S. median (95 days). Realtor.com calculates the median by subtracting a property’s listed date from whichever is earlier: the end listing date or the end of the month, and taking the median of all the resulting individual days on site.

    Los Angeles-Long Beach was the fastest-moving market among the 10, with a median inventory age of 61 days. Detroit was close behind at a median 62 days. Seven out of the 10 markets saw their median inventory age rise year-over-year in April and Detroit saw the biggest jump, up 72.2 percent.

    Tampa-St. Petersburg-Clearwater had the highest median inventory age among the 10 markets: 103 days, followed by Chicago: 102 days.

    Eight of the 10 markets had higher foreclosure rates than the national average in first-quarter 2011. Nationwide, 1 in 191 housing units received a foreclosure filing — default notice, scheduled auction, or bank repossession — last quarter, according to RealtyTrac.

     Geographic areaForeclosure activity rate (Q1 2011)
     United States1 in 191 housing units
       
    1Chicago1 in 125 units
    2Detroit1 in 90 units
    3Las Vegas1 in 31 units
    4Phoenix-Mesa1 in 48 units
    5Los Angeles-Long Beach1 in 98 units
    6Tampa-St. Petersburg-Clearwater, Fla.1 in 158 units
    7Philadelphia1 in 371 units
    8Atlanta1 in 79 units
    9Dallas1 in 211 units
    10Orlando, Fla.1 in 148 units

    Source: RealtyTrac

     

    Bedford NY Real Estate Blogger Finds a Unique Voice | Bedford NY Blogger

    Bedford_homes_by_robert_paul

    Your blog needs a voice.

    Like Pavarotti, it can resonate with power that is full of sophistication.

 Or, like Dave Grohl, it can scream and shout with disenfranchised angst.
 It can even sing sweetly like your grandmother or quietly hum in the background like the Andy Griffith Show theme song.

    But make no mistake. If you are going to build a tribe—if you’re going to relate to your audience and make a difference at all—your blog will need a voice.

    Why your blog needs a voice

    Your blog is not you. It is not your personality.

 It does not have your brain or your body or the sum of your life experiences. It cannot think for itself. It doesn’t have a soul.

    But it needs a voice.

    Your blog, regardless of how you’ve branded it, is separate from you. It can, by no means, represent all the complicated nuances of your persona.

    Even if your blog is about you, it’s not you. It can’t be. Your blog is an entity that is separate from you and needs to be treated as such. Give it a voice. And make it unique.

    A blog’s voice is exclusive

    If you’ve been blogging for a while, you’ve probably already realized that there are certain topics on your blog that get more attention than others.

    You may have even seen that people have started to associate your blog with a certain idea or theme.

 You may have vented on your blog in a burst of uncouth sarcasm and anger only to find that your influence grew, albeit accidentally. You acted ridiculous, and your audience loved you for it. Who would’ve thought?

    These are all examples of blogging voices.

    A voice, with respect to your blog, is a feel or style evoked in your writing that causes the reader to personalize what she is reading.

 Your readers begin to construct a person based on the voice of your blog. And
    when that happens, your blog ceases to be all things to all people and becomes something very particular to a certain group of people.

    And that is okay. That is the whole point.

    How to create a voice for your blog

    If you’re already blogging, look back at some of your most popular posts and ask yourself, “What kind of mood was I in when I wrote this? What emotions am I portraying here?”

    Observe the vocabulary you used, even the punctuation and formatting style. These are all essential elements in creating a voice for your blog. The trick here is replicate what you were doing when you were successful and do it again (and again).

    If you haven’t started blogging a lot, you can start from scratch: ask yourself what you want your blog to sound like.

    The voice of your blog should be a natural tie-in with its goal. Here are some examples:

    • If you are selling real estate online, your blog voice might be personal, attentive to customers, and professional.
    • If you are doing technology reviews, your voice may be snarky, clever, and terse.
    • If your blog is a personal blog about your life, your voice might be sincere, passionate, and vulnerable.

    A good exercise (whether you’ve been blogging for a while or are just getting started) is to brainstorm a list of 10-20 personality attributes that you want your blog to have, and then cut it down to three to five key aspects that represent your blog’s voice.

    The next time you write a post, consult that list and use it as a checklist to ensure you’re writing style fits the personality you’ve created for your blog.

     

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