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.





A.D. Cantelmo Property Management
Our Business is Property Management in Orange County California




Where should I buy rental property?

People who want to get in to the home renting business should do a tremendous amount of research into the business. If you have never dealt with Tenants and the rules that need to be followed then it can be an eye opening experience. Of course, not to be self serving, but I think that if you want rental property and you don’t want to deal with the issues that go with it, then Property Management is the way to go, but that being said, where to buy the property, is the most important decision you will make.


Who owns rental property?



There are many reasons that people get into the rental business, one reason is, that they are moving and can’t or don’t want to sell the home they are in, another is that they inherited a property with Tenants and now find themselves Landlords and of course there are the investors who are looking for another way to invest their money. The investors are the ones I want to address in this article.

Time to shop

Once you have decided that this is a good place to put your money and you understand the business itself, it is time to find the property. Now looking for investment property that you are going to have Tenants live in, is much different than looking for a home for yourself. The problem that many people have is that they look for a property that they would want to live in and they don’t think about why people who rent, look for the houses and the area they want to live in. Now of course if you buy near the beach that is going to be a whole different market then if you buy in the mountains. But putting the specialty markets aside, and understanding that for most people who want to buy their first rental property, money usually a large part of the equation, let’s take a practical view of finding a property for rental purposes.

Type of Home


From a practical stand point and if your finances can make it happen, a single family home is going to be the best place to put your money. A condo or townhome is an option, but then you have to deal with other issues that come with living in a home owners association and that can be problematic at times. That being said if a condo or townhome is what you can afford, then so be it, but let’s concentrate on the single family home for our discussion today.

Single Family Home


When you look for the home, and going back to the Home owners association, you want to avoid buying the home in an HOA if possible, again trying to make things as simple as possible. The best thing to do is look for a 3 or 4 bedroom Home with at least 2 full baths and when I say 2 full baths, you can get away with one of the bathrooms having just a shower, but you want to make sure that there are 2 bathroom that people can use for all purposes. Many older homes that were built in the 50’s and 60’s are great houses, but they sometimes only have one or one and a half baths.  The second thing, unless you are a do it your selfer or money is no object, do not buy a fixer upper. Unless you are an expert at this, it can be a disaster. When you buy your rental property you want what we call a “TURN KEY” property, which means when escrow, closes, you want to be able to turn the key in the front door and the house be ready to rent.

Potential Tenants

A 3 or 4 bedroom single family home gives you many options as far as potential Tenants. It opens it up to families with children, a couple, or couples or single renters. Also if you have a yard, remember as much as some investment property owners try not to allow pets, I have seen studies that about, 70% of people have pets, so a yard also opens that door up to you. The more options, the better.



 Location, Location, Location!


In every business, Location is key to sucess, and in my opinion, the number one best location to buy rental property is near a good school district. People who rent property and have children look past many things your property may be lacking if they want to live in that school district. Those renters are also good potential long term renters.

The next best location is centrally located. If your property is near shopping, freeways (Not too close) and employment opportunities, then that property will also be desired buy certain renters.

A location near a college is also good, but only if you are willing to deal with short term and roommate situations. But you can get very good rents and also you can have parents in many situations be responsible for the rents and other potential expenses. I have known many people who have children in college, buy a property near that college and have their children live there and rent out the other rooms to help pay for the mortgage. I will admit, you need to walk a fine line when dealing with students, you can’t be too hard, but you also need to be very attentive and understand the lifestyle of the college student.  You may want to lay down some extra house rules, but that is another topic.

These three locations will give a new comer to the rental business a good road map on where to find their property. If I had to pick one of the three, I like buying near the good school distinct, but the other two can work. Once you decide the location, do your homework and find a Realtor who understands what you want and also understands the rental business, that way you will be working from the same page.






A.D. Cantelmo Property
Management Specializes in Property Management in Orange County Ca.

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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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