A.D. CANTELMO REALTY/TONY CANTELMO
BROKER
TONY CANTELMO

Incentives: Help or Hindrance!

 

 

 

I was reading today in U.S. News & World Report that home improvement spending is down for 2014. I’m not going to repeat the boring details, but the one point that stuck out for me was many of the tax incentives that made it inviting for homeowners to spend money to improve their home had expired in 2013. That begs the question, how successful are these incentives.

 

On the one hand, you could argue that these incentives helped a lagging industry, but on the other hand, you could also argue that they only made people who were going to do improvements to their home just move up the calendar. It reminds me of cash for clunkers. You may remember this government program that was put in place to jump start the auto industry. Most of the information that I have read about the program is that it only moved up the calendar for people who would have bought in the near future.

 

I was in Home Depot the other day. And a man came up to me and wanted to talk about Solar for my home. He pressed that the tax incentives were going to run out soon. Now his sales pitch did not work for me, my response to him was that when they are able to get solar landscape lights to work for more than 3 weeks I may think about it. Now I was having a little sarcastic fun with this salesman, but again I have to ask, if it takes a tax incentive to get me to move on Solar heating for my home, what is the long term prospects for this industry or any other that needs tax incentives.

 

I have to admit, I do not like the government picking and choosing industries to incentivize. If I need a dishwasher, is it not in my best interest to find one that is energy efficient. Do I need the government to give me an incentive to buy an efficient one compared to an inefficient one? While these incentives help people who are in the market, or are thinking about buying the incentivized Item, they only are a cost to the rest of us, and there is no proof that in the long run it helps the economy. Now I am always in favor of people keeping more of their money, but I think it would be much better to let everyone keep more of their money and spend it where they want. That would help everyone, not just certain favorite industries.

 

I started this article talking about how home improvement spending is down for 2014. One great way to help this industry is to take the shackles off the banks and allow them to start lending to home buyers. When people buy a home, they spend money to make it more to their liking. No incentive needed, people want to buy homes if the road blocks are removed.

Tenant/ Property Service
 
Marketing Property
We market your property on all the major Real Estate websites, including Zillow, Trulia, Realtor.com, and the Multiple Listing Service

Showing your Property
We make sure your Property is shown to all Qualified, interested parties. We never allow Unchaperoned shwings

Screening Tenants
We have a detailed tenant screening process. We run Credit, Criminal and Eviction checks. we check rental history, and use our more then 10 years of Property Management experience to place the Best Tenant possible in your Property

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Contact Tony
714-313-7413
If you have hours that do not coincide with normal business hours, No Problem.


 

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What my clients are saying  

5 reviews 5.0 star rating 1/21/2016 I was tired of using a large management team to manage my investment property. I felt I was always on the back burner. I was recommended to Tony from a business associate, he assured me I would be very pleased. Well that was an understatement, Tony is amazing. He's above all honest and always available for my concerns. I'm not as well versed as other investors with property management and maintenance and tenant relations, Tony has been an excellent partner and has guided me through quite a bit of needed repairs and worked far beyond what was expected to help turn my little investment into quite a prosperous investment, If what your looking for is prompt return calls, honest direction and someone very knowledgeable with general contractors and real estate laws, Tony is your man. Angela

 

~ Angela

5 reviews 5.0 star rating 1/21/2016 I was tired of using a large management team to manage my investment property. I felt I was always on the back burner. I was recommended to Tony from a business associate, he assured me I would be very pleased. Well that was an understatement, Tony is amazing. He's above all honest and always available for my concerns. I'm not as well versed as other investors with property management and maintenance and tenant relations, Tony has been an excellent partner and has guided me through quite a bit of needed repairs and worked far beyond what was expected to help turn my little investment into quite a prosperous investment, If what your looking for is prompt return calls, honest direction and someone very knowledgeable with general contractors and real estate laws, Tony is your man. Angela

 

~ Angela

"10 out of 10 I am so Happy Since I left my old company and I joined AD Cantelmo Property Co I am stress free I live in a different state and this company watches my house and always Mr Tony Cantelmo is on top of things I really want to thank you for what you do for me and I would really Recomend this Company to any and every one Thank You again. Shawn" ------------------- "I need to trust the people I work with and I trust Tony. He stays on tops of things, communicates well, and gets things done. He not only gets things done but he gets things done the right way. Jim"

 

~ Shawn

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