The Bosshardt Blog

California and Me or Secrets to Improve Your Assets NOI!

Aaron M. Bosshardt, CPM to Speak at IREM’s 2011 Fall Leadership Conference, Oct. 11-15 in San Diego

 

Gainesville, FL –  September 5, 2011  Bosshardt Property Management, LLC today announced that Aaron Bosshardt, President, will be a featured speaker at the 2011 Fall Leadership Conference sponsored by the Institute of Real Estate Management (IREM^®). The event, to which all commercial real estate managers and allied professionals are invited, will take place from Oct. 11 through 15 at the Hilton San Diego Bayfront hotel, San Diego, CA. 

According to Bosshardt, the Conference will bring together real estate management industry leaders in a dynamic, interactive forum that examines major industry issues, challenges and opportunities; stimulates idea sharing and leadership development; and, much more.

Bosshardt will be presenting a session on Oct. 13^th 2011 called “Enhancing NOI by Tapping New Revenue Sources”,  which will address  strategies to find and exploit new revenue sources, and you'll come away with innovative ways to increase NOI without capital expenditures:

• Identify low-cost adaptations to lease unused spaces
• Discuss trends in short-term and temporary tenants
• Explore sources of revenue through resident and tenant services and/or licensing fees

Aaron Bosshardt is the President of Bosshardt Property Management, and the COO of Bosshardt Realty Services LLC. He is the President Elect for IREM’s Chapter 60 and serves on IREM’s national public policy community and student and minority outreach committee.

For more information on the IREM-sponsored conference, visit www.irem.org/iflc.

Gainesville comes in at #3 best market for real estate investing

InmanNews released data ranking Gainesville as the #3 best market for real estate investors based on record affordability and low unemployment compared to the rest of Florida. See the complete list.

Alachua County Environmental Protection Department Notification to Realtors Regarding Cabot-Koppers Superfund Site

This is a verbatim repost from a letter we received from Chris Bird. All questions should be directed to him or other contacts contained within the letter. -- Bosshardt Management

Alachua County Environmental Protection Department

Chris Bird, Director May 25, 2011

201 SE 2ND Avenue Suite 201  Gainesville, FL 32601  Tel. (352) 264-6800  Fax (352) 264-6852

E-Mail: epd-reception@alachuacounty.us 

Home Page: http://alachuacounty.us/government/depts/epd
City of Gainesville (Alachua County) Area Realtors:
RE: Notification to Realtors Regarding Cabot-Koppers Superfund Site

Dear Realtor,

Alachua County wants to provide additional information to realtors about the Cabot Koppers Superfund site in northwest Gainesville. This effort is in response to inquiries from agents and citizen complaints about the need for more extensive disclosure to prospective buyers and tenants of properties in the Stephen Foster Neighborhood.

The United States Environmental Protection Agency has committed to completely delineating the extent of contamination of off-site properties and cleaning up impacted properties near the Cabot-Koppers Superfund site to achieve Florida residential and commercial soil cleanup standards. Until USEPA’s remedial work is done, ACEPD is maintaining an updated map of the location of verified soil test results on the County’s website at http://www.alachuacounty.us/Depts/EPD/Pollution/Pages/SoilData.aspx
Please contact Dr. John Mousa, Pollution Prevention Manager with the Alachua County Environmental Protection Department, for additional information. Dr. Mousa can be contacted at 352-264-6805 or jjm@alachuacounty.us

Thank you.

Sincerely,

Chris Bird

Director

cc: Board of County Commissioners Randall H. Reid, County Manager
Dave Wagner, County Attorney Craig Lowe, Mayor City of Gainesville
City of Gainesville Commissioners Russ Blackburn, City Manager
Marion Radson, City Attorney Fred Murry, Assistant City Manager

Early Signs of Real Estate Recovery? The Rental Market is Hot...Hot...Hot!

The Sale market continues to bounce around along its lows. There isn't a whole lot of difference in 2011 from 2010 or 2004. One big exception was that March 2010 was a big month as homebuyer rushed to close out tax credit sales. A host of reports will come out this week and show basically that there isn't anything to get excited about just yet on the sales side. Maybe, just maybe, though the rental market is offering a light at the end of the tunnel for sellers and landlords alike.

 

 

Just about two months ago we raised the rents on all single-family detached homes by 5%. That number came from a forecast webinar I participated in by Zellman and Associates. They expect that trend to continue for the next three years. At the time, our rentals were moving pretty well, so we raised up rents and viola! We can't keep enough houses on the rental market.

Some more good news is that we are discussing raising the rents on our condos that weren't previously converted from apartments. The demand has been pretty good for these units as well. The apartments aren't doing half bad either. Our biggest complex is up to 96% occupancy and we are cutting back on move-in incentives temporarily.  

We also have had some record-breaking activity over at Bosshardt Property Management, LLC. Our leasing agents are fully booked and the number of email, phone call and text inquires coming in and being converted to showing appointments is at an all-time high.

I am a pretty big believer that this is the start of the turning point for the sale side at least if you are an investor. Better yet, if you want to be wealthy some day I would strongly advise you to buy a starter home, or move up to a nicer home with a good FHA mortgage. I'll post again about this later, but an assignable (with qualifying) FHA 30 mortgage may be not only the best investment you can make, it also might just  be a great hedge against impending inflation.

Bosshardt Realty and Bosshardt Property Management on TV!

Check out our realty and property management segments that will start rolling on our local TV channels.

Aaron and Ashley did a great job describing why Bosshardt Realty Services and Bosshardt Property Management should be your choices for all property-related services in Gainesville and beyond.

For real estate questions, call 352-371-6100.

For property management, call 352-368-9082.

If you're not sure what you need, just call our realty number, and we'll route you to the perfect person to handle your needs. 352-371-6100.