It is no secret; investors are coming to Arizona to purchase rental properties. While each may be acquiring property for different reasons (future primary residence, vacation home, investment home) most share a common goal; find great tenants as quickly as possible. Here are some 3 lessons I have learned in the last couple of months…
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An optimistic outlook to the future for landlords
With the astounding volume of foreclosures in 2011, the population of tenants continues to increase. According to an article in propertymanager.com1, NAR claims that vacancy rates will drop from 5.0% in the 4th quarter of 2011 to 4.3% in the 4th quarter of 2012 in the multi family housing sector. The same article also states…
Handling Tenant Applications. What to look for.
As a residential landlord, your goals include to minimize vacancy time, obtain the highest quality tenant and receive the highest rental income possible. While each of these goals has their hurdles, finding a quality tenant can be one of the more challenging objectives to reach. Of course, each potential tenant fills out an application, consents…
A good time to buy, still…
Early in 2011 I wrote about acting now to invest in Real Estate. “We are bouncing along the bottom of the market… Invest in Real Estate now when it’s more affordable than ever to minimize your risk and increase your ROI.”1 While this is a new year, the market has not changed much in the…
What to look for in a rental home
Many investors call each day asking what to look for in a rental home. In my experience I share with them 3 things that will help them make the decision as to whether or not they will purchase a particular home to rent out. 1- Location- Everyone knows that location determines everything when it comes…
Mandatory renters insurance?
Mandatory renters insurance-Why it is a good policy to enforce. Many investors aim to place their money in avenues that generate the greatest return with the least amount of risk involved. Some will study the economy and analyze market trends to help minimize risk; however, requiring tenants to obtain renters insurance is a simple way…
The Other Part of the Equation
Professional property management consists of a series of relationships between the landlord, his agent, and tenants. The relationship between the landlord and his agent/property manager usually occurs first and is the most important one, since the agent looks out for the owners needs first. Tenants usually come into the picture later, and many times may…
Number of renters continuing to increase
While it is no secret that foreclosures have caused a shift in the number of people renting properties, it is interesting to note the numbers associated with this trend. According to an article written in USA today, Mesa, Phoenix and Scottsdale have increased in the number of homes being rented by over 30% since 2010….
Author Archives:
Marketing Rentals: A Must!
It is no secret; investors are coming to Arizona to purchase rental properties. While each may be acquiring property for different reasons (future primary residence, vacation home, investment home) most share a common goal; find great tenants as quickly as possible. Here are some 3 lessons I have learned in the last couple of months…
An optimistic outlook to the future for landlords
With the astounding volume of foreclosures in 2011, the population of tenants continues to increase. According to an article in propertymanager.com1, NAR claims that vacancy rates will drop from 5.0% in the 4th quarter of 2011 to 4.3% in the 4th quarter of 2012 in the multi family housing sector. The same article also states…
Handling Tenant Applications. What to look for.
As a residential landlord, your goals include to minimize vacancy time, obtain the highest quality tenant and receive the highest rental income possible. While each of these goals has their hurdles, finding a quality tenant can be one of the more challenging objectives to reach. Of course, each potential tenant fills out an application, consents…
A good time to buy, still…
Early in 2011 I wrote about acting now to invest in Real Estate. “We are bouncing along the bottom of the market… Invest in Real Estate now when it’s more affordable than ever to minimize your risk and increase your ROI.”1 While this is a new year, the market has not changed much in the…
What to look for in a rental home
Many investors call each day asking what to look for in a rental home. In my experience I share with them 3 things that will help them make the decision as to whether or not they will purchase a particular home to rent out. 1- Location- Everyone knows that location determines everything when it comes…
Mandatory renters insurance?
Mandatory renters insurance-Why it is a good policy to enforce. Many investors aim to place their money in avenues that generate the greatest return with the least amount of risk involved. Some will study the economy and analyze market trends to help minimize risk; however, requiring tenants to obtain renters insurance is a simple way…
The Other Part of the Equation
Professional property management consists of a series of relationships between the landlord, his agent, and tenants. The relationship between the landlord and his agent/property manager usually occurs first and is the most important one, since the agent looks out for the owners needs first. Tenants usually come into the picture later, and many times may…
Number of renters continuing to increase
While it is no secret that foreclosures have caused a shift in the number of people renting properties, it is interesting to note the numbers associated with this trend. According to an article written in USA today, Mesa, Phoenix and Scottsdale have increased in the number of homes being rented by over 30% since 2010….
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