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…
WHAT’S NEW THAT WILL SAVE YOU MONEY ON TAXES FOR 2012?
There is always something new when it comes to tax rules and regulations that impact your real estate and business transactions. Missing these items can also leave you paying more in taxes then you are required to under the law. The following are a few changes, which will likely impact your taxes in 2012. It…
Director’s Message: Show up!
I am asked all the time by new investors, “What can I do get started and be successful with real estate investing?” Very experience investors with expansive investment portfolios ask the question a little different way, “What do I need to do to expand faster?” Guest what? The answer is the same. SHOW UP! You…
What Is Title Insurance & Why Do I Need It?
One of the most commonly asked questions I get asked when speaking with investors is “what is title insurance and why do I need it”? Typically investors feel like title insurance is a waste of money because they may not plan to hold the property for more than a couple of days but what they…
ASSISTIVE ANIMALS CAN BE ALMOST ANYTHING, BUT NOT PETS
As an owner of property, a landlord generally has the legal right to allow or prohibit tenants from having pets in a rental property. Many landlords believe that having pets causes unnecessary damage to the property while others think that having pets allows the landlord to increase the rent and expand the scope of potential…
A Few Tax Tips!
The “Occasional Baby Sitting” Tax Exemption If you need a baby sitter during the year keep in mind that it could be tax deductible! The current FICA threshold of $1,700 per calendar year will increase to $1,800 in 2012. Sometimes referred to as the “Casual Babysitting Exemption,” the new FICA threshold means that families who…
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…
Short Sales Now! with Shaun McCloskey
No question about it, short sales have replaced REOs as the volume leader in distressed property purchases by investors. With the inventory levels of REOs continuing to fall, the informed investors realize they need to have multiple sources of new product. Based on input from AZREIA and Phoenix Real Estate club members, along with the…
Good news about the HOA changes that went into effect January 2012!
I know that HOA has become a bad term over the last few years. Just like the rest of us, the homeowner’s associations have had a rough few years. That being said, a lot of people feel the HOA’s have taken advantage of their need for additional cash flow at the expense of all of…
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…
WHAT’S NEW THAT WILL SAVE YOU MONEY ON TAXES FOR 2012?
There is always something new when it comes to tax rules and regulations that impact your real estate and business transactions. Missing these items can also leave you paying more in taxes then you are required to under the law. The following are a few changes, which will likely impact your taxes in 2012. It…
Director’s Message: Show up!
I am asked all the time by new investors, “What can I do get started and be successful with real estate investing?” Very experience investors with expansive investment portfolios ask the question a little different way, “What do I need to do to expand faster?” Guest what? The answer is the same. SHOW UP! You…
What Is Title Insurance & Why Do I Need It?
One of the most commonly asked questions I get asked when speaking with investors is “what is title insurance and why do I need it”? Typically investors feel like title insurance is a waste of money because they may not plan to hold the property for more than a couple of days but what they…
ASSISTIVE ANIMALS CAN BE ALMOST ANYTHING, BUT NOT PETS
As an owner of property, a landlord generally has the legal right to allow or prohibit tenants from having pets in a rental property. Many landlords believe that having pets causes unnecessary damage to the property while others think that having pets allows the landlord to increase the rent and expand the scope of potential…
A Few Tax Tips!
The “Occasional Baby Sitting” Tax Exemption If you need a baby sitter during the year keep in mind that it could be tax deductible! The current FICA threshold of $1,700 per calendar year will increase to $1,800 in 2012. Sometimes referred to as the “Casual Babysitting Exemption,” the new FICA threshold means that families who…
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…
Short Sales Now! with Shaun McCloskey
No question about it, short sales have replaced REOs as the volume leader in distressed property purchases by investors. With the inventory levels of REOs continuing to fall, the informed investors realize they need to have multiple sources of new product. Based on input from AZREIA and Phoenix Real Estate club members, along with the…
Good news about the HOA changes that went into effect January 2012!
I know that HOA has become a bad term over the last few years. Just like the rest of us, the homeowner’s associations have had a rough few years. That being said, a lot of people feel the HOA’s have taken advantage of their need for additional cash flow at the expense of all of…
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