A.D. CANTELMO REALTY/TONY CANTELMO
TONY CANTELMO, BROKER
DRE# 01339902

Unmatched Customer Service

Clients deal only with the Broker
Broker Tony Cantelmo handles all properties personally. When you have questions, Tony will Give you answers

No Long Term Contracts
Clients are never asked to sign long term contracts. Cancel anytime with 30 day notice

No Surprise Fee's
Our Management fee is very competitive. There are no surprise Add-On fees to pad the bottom line

Open 7 day a week
Contact Tony 7 days a week. If you have hours that do not coincide with normal business hours, no problem

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Fee's, Accounting & Bookkeeping

Landlord Monthly Management Cost
The cost of Management per month is 6% of monthly rent

Tenant Move in Cost
To acquire a new Tenant and move them into a Property, the cost is 1/2 of one months rent.

Owner Distribution
We distribute owner funds quickly, using Direct Deposit. Once we transfer the money, the funds will be available in 2 to 3 business days

Monthly and Year End Reports
We email monthly accounting reports and year end Income/Expense and Schedule E Assist Reports. 1099's are mailed in a timely fashion.

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HOW DID YOU HEAR ABOUT US
 
 


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 (MLS).

Showing Your Property
We make sure your Property is shown to all Interested, qualified Parties. We never allow Unchaperoned showings

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

Maintaining Your Property
Maintaining your Property is very important for Long Term Profitability. Our Broker, Tony Cantelmo is also a State Licensed General Contractor. (CSLB# 709714). He understands your home and has knowledgeable Vendors who he has done business with for years.


Proposition 13, best law for homeowner stability

 

 

 

 

Whatever you hear about proposition 13, the one thing that can’t be argued is that it is one of the greatest protections for property owners in California that has ever been passed. Over 35 years ago, June 6th 1978 nearly two-thirds of California’s voters passed Proposition 13, reducing property tax rates on homes, businesses, and farms by about 57%. Now, according to the newly amended state constitution property tax rates could not exceed 1 percent of the property’s market value and valuations couldn’t grow by more than 2% per annum unless the property was sold. In addition, Proposition 13 required that all state tax rate increases be approved by a two-thirds vote of the legislature and that local tax rates also have to be approved by a vote of the people. The people’s right to vote on taxes is a key taxpayer protection. Being that I am in the business of Property Management in Orange County Ca. I am a big supporter of homeowners.

 

Before Prop. 13 the people of California had no control over their tax bill. If a home around the corner sold for a much higher price than all the other homes in the area, then all the homes were reassessed at the higher homes value. Many people especially older retired California residence were forced to sell their homes, because they just could not afford their new property tax bill.

 

Proposition 13 gets blamed for every ill that ever happens to California, the proponents of higher taxes have always hated Proposition 13. They say it’s not fair to current home buyers to pay more in property taxes then the people who have owned properties for years. But that does not take in consideration that the people who have lived in the home for years have paid for the entire infrastructure that the new owners are now going to take advantage of.

 

The biggest myth is that only people who have owned their property for many years are protected under prop. 13. That is just not the case, all homeowners in California are protected under prop. 13 How it works: When you buy a home, your tax bill is based on the price of your home. So if you buy a home for $500,000 the tax rate will be 1% OR $5000.00 the next year’s assessed value can only go up 2% or $10,000, your new assessed value will be at the most $510,000 and the property tax for the next year can be at most $5100.00. You can calculate that for as many years down the road as you like and you will know what your property tax liability will be 20 years down the line, no surprises.

 

Just think that without prop. 13 and you bought that same house for $500,000.00 and the next year the house next door sells for $550,000.00 and your assessed value goes up to $550,000.00 with a tax of $5500.00 instead of the $5100.00 under prop.13. Then the next year the house on the other side of you sells for $600,000.00 and your property assessment goes up to $600,000.00, under the new assessment your tax bill will be $6000.00 instead of the tax bill under prop. 13 which would be $5202.00. This could continue to happen year in and year out, you would not know how much your tax would be and this also assumes that the tax rate would stay at 1%. Without prop.13 that probably would not be the case.

 

Proposition 13 is under constant attack from politicians who are always looking for ways to redistribute wealth. With the unfunded pension and healthcare liabilities for teachers and state workers well over $100 billion and no way to pay for these liabilities, believe me those politicians will be salivating to cut into the protections of prop.13.

 

 One of the great things about being in Property Management in Orange County California is that I get to explain to people all the time, the virtues of Prop, 13. Prop.13 is a modern day tea party for home owners and should be protected at all costs. Your home should not be put at risk due to out of control spending from the political class. Prop, 13 give stability to all California homeowners.

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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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