Budgeting For Your Phoenix Rental Property's Maintenance & Repairs
Budgeting for rental property maintenance is an important part of owning and successfully operating a rental property. When we talk to property owners about how to do this, we always highlight the several factors that can go into setting and sticking to a budget. It’s also important to understand what the tenants are responsib...
Advice for the Phoenix Landlord | What will happen with the Real Estate market in 2021?
Market Update - Where Will the Market Go in 2021? As we look ahead to 2021, we see a number of promising signs for property owners in the area. Like always, our team has been analyzing the latest data about the ongoing strength of the marketplace. Even in this time of unprecedented changes, our team has managed to keep our eviction ...
Market Update for your Phoenix Real Estate Invesment
Cromford Market Update - Oct/Nov 2020 While the restaurant industry has been hit hard by COVID-19, rental properties have grown in value. Right now, the demand for homes is up 36 percent. Rental prices have increased by 17 percent since April. Since rental prices are still increasing, it is important that property owners do not get s...
Where are the Best Areas in Phoenix to Buy a Rental Property?
Before you invest in a Phoenix rental property, you need to know how you can expect it to perform financially. You also need to be sure it fits your portfolio and your investment goals.Whether you’re buying your first rental property or adding to a growing portfolio, we recommend that you surround yourself with professionals and ga...
COVID-19's Impact on Our Real Estate Market Recently, Airbnb announced that it would allow guests to get automatic refunds for reservations they made on or before March 14, 2020. At the moment, Airbnb lets guests cancel any reservations that were planned to occur between now and May 31, 2020. While this response to the COVI...
Zillow Predicts Phoenix Real Estate Will Grow in 2020
Each quarter, Zillow releases the Zillow Home Price Expectations Survey. This survey involves asking more than 100 economists what their expectations are for the upcoming year for metropolitan areas across the country. In the recent survey, Phoenix was one of the best real estate markets for price growth. Phoenix Is Dealing With a ...
Today's High Demand Represents the True Demand for Homes
Today's High Demand Represents the True Demand for HomesThe real estate market is hot right now, and it is still going to increase in value during the coming year. For property investors, it is too early to sell off real estate investments. A recent analysis by the Cromford Report shows the additional growth potential in the Phoe...
State and county Population IncreasesRecently the U.S. Census Bureau released state and county population numbers. The time period for the change in population is from July 2017 to July 2018. Table two has the top five states for numeric population increase. Arizona was ranked fourth with a gain of 112,770 people. Amongst ...
Do You Know All the Tax Facts about Owning a Phoenix Investment Property?
It’s not always fun to talk about taxes, unless you’re a real estate investor. One of the most common things that is overlooked in real estate investing is tax planning. There are a lot of tax savings that can be found in your investment goals, and you need to figure out how to dig them out. The government allows yo...
Budgeting for rental property maintenance is an important part of owning and successfully operating a rental property. When we talk to property owners about how to do this, we always highlight the several factors that can go into setting and sticking to a budget. It’s also important to understand what the tenants are responsib...
Market Update - Where Will the Market Go in 2021? As we look ahead to 2021, we see a number of promising signs for property owners in the area. Like always, our team has been analyzing the latest data about the ongoing strength of the marketplace. Even in this time of unprecedented changes, our team has managed to keep our eviction ...
Before you invest in a Phoenix rental property, you need to know how you can expect it to perform financially. You also need to be sure it fits your portfolio and your investment goals.Whether you’re buying your first rental property or adding to a growing portfolio, we recommend that you surround yourself with professionals and ga...
