Wednesday, 10 August 2016

Robert Covelle & the Benefits of a Private Landlord

Millennials have often been dubbed ‘generation rent’: the combination of high house/apartment prices, the effects of the economic recession, and even the social aspect of settling down later in life than previous generations have all contributed to the increase in the number of people who rent as opposed to buying homes. Letting agents and realtors have profited from this immensely, and the percentages which they can take as a fee are unfortunately a loss for both the renter and the landlord. While many out there are trustworthy companies who act effectively as the middleman between the property owner and the tenant, many give the industry a bad name. Without a vested interest in the house or apartment they can be delayed in any home improvements and as a company instead of an individual, their services are less personal.

This is why it is usually worth renters’ time to find a property that they can rent from a private landlord. Generally speaking, if you rent directly from the owner they will know more about the property, will have preferred go-to service companies which are inexpensive, and can offer a more direct, friendly service. This also means that renters will get more value for their money, as none of their rent will be sacrificed to a third party company. Robert Covelle and his brother invested in a three family home in Everett, Massachusetts. Covelle dedicates his time and diligence to each step of the project for the benefit of his tenants.

His business help with this endeavour demonstratively; as an accountant he applies the same ethics as he does professionally with his clients to home-owning. Covelle advertises the property, collects rent, and organizes bills. If any of his tenants have had issues he has responded quickly with the provision of landscapers, snow removal, plumbers, etc. Their lawyer has also put into place procedures to avoid litigation - beneficial for both owner and tenant.

Bob Covelle incorporates strong family values throughout his endeavours. His business, Covelle & Covelle, has built up trust within the area by providing taxation and business management services for small businesses. As a father and grandfather his approach is always friendly, and as an accountant his commitment as a landlord is thorough and trustworthy.

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