Home Warranties: Helpful Allies or Hindering Associates?
When you work with Phoenix property management, you are able to get professional advice and support about renting out your real estate properties. One of the ways we can save our clients money is by helping you avoid home warranty companies. While they sound like a useful way to cover repair costs, the reality is that these companies will...
How Do Leverage and Appreciation Boost Phoenix Real Estate Investing Success?
The relationship between leverage and appreciation in real estate is very important. Leveraging can affect your returns over time, so it’s important to know and understand what a comfortable leverage is for you to achieve your investment goals.ROI and Cash Flow on Your PropertyYou want the ideal loan value on your property, so your ...
What Types of Investment Property Loans are Available in Phoenix, AZ?
There are many different types of mortgages for an investment property. Using other peoples’ money is a great vehicle in real estate investing that helps you maximize the return on your investment. There are a few types of loans available in the marketplace today, and we want you to understand how they work.Types of Investment...
New Lease Procedures: A Must-Have for Inherited Tenants
When you take over the management of an occupied rental, your property manager is also taking over the current rental agreement that your tenants contracted with the previous property owner and management team. Each rental agreement has unique fees, policies and individual clauses. As a result, your Phoenix property management team ...
How to Evaluate Your Phoenix Real Estate Investment's Performance
Evaluating the performance of your real estate investment is always a crucial step in earning as much as you can on the property. There are a few steps you need to look at to determine if your investment is truly performing.Review Monthly Cash FlowThe clear and obvious thing you need to look at is your monthly cash flow. Look at your rent...
Escaping the Nightmare of Tenant Advocacy GroupsOne day, you receive a letter from your tenants that says something about a health and safety notice. You plan on getting around to reading it, but the notice slips from your mind. A few days later, your tenant moves out and escapes from their current lease without paying any costs. What is ...
Is a Home Warranty on Your Phoenix Real Estate Investment Property Worth the Cost?
One of the greatest benefits of having insurance is peace of mind. It takes the worry out of an unexpected repair and reduces the financial worry of maintenance. However, not everyone believes in insurance or home warranties.What Kind of Vendors are Home Warranties Using?One consideration to keep in mind is that insurance is a multi...
Protecting Your Screening Process With the Freedom of Information Act
When it comes to tenant screening, all properties must follow the Freedom of Information Act (FOIA). Without it, Phoenix property management companies and landlords would be renting without the accurate information they need. This act ensures that you can always obtain objective, factual data about your applicants. On March 16, 2019...
Phoenix Professional Property Management vs. Self-Management
When you have an investment property, are you going to hire a professional property manager or do it yourself? We talk to over 100 self-managing owners every year, and they usually reach out when they’ve run into a problem. We do our best to point them in the right direction, but the problem is usually one that’s cr...
Buying Property for Self-directed Retirement Account – Cut Your Tax Bill
By Richard Hart, EA, CAAImagine you could invest $200,000 in a piece of real estate today and sell it 20 years from now for nearly $500,000 without paying a dime in taxes. If you buy that real estate with funds held in a Roth IRA, that could happen, and you could even get low tax results with funds held in a regular IRA. Can you really do...
