Cash Flow 101: Key Differentiators of Positive and Negative Cash Flow on Phoenix Rental Properties
A lot of investors have purchased properties back at the top of the market with negative cash flow. You might be wondering about how that negative cash flow affects you, and if the property is still a good investment. Yes, properties with negative cash flow can still be good investments. Today, we’re talking about positive versus ne...
How You Should Market Your Rental Property | Ask the Property Management Expert
The members of today’s society are part of an instant gratification type of group. To effectively market your property and find a tenant, you need to be online. About 90 percent of all people look for rentals online. It’s not like the old days, where you put an ad in the newspaper.Property Management Phoenix: Online Advertisi...
Is It a Good Deal? Tips to Consider When Buying Investment Property in Phoenix, AZ
When you want to know if a property you’re thinking about buying is a good deal, you need to first consider your goals. The deals you’re looking for will depend on whether you need a lot of cash flow or if you’re earning a good income and you want to focus on appreciation for your retirement later in life. As a company ...
Summer is very busy in the maintenance department here at Service Star Realty: repairs are on the rise with the AC system under duress, pool equipment running twice as long, and this can be of concern. How much do you as an investor need to budget on repairs and maintenance of your rental home? This can be one of the biggest unforeseen fa...
Other than getting tax-free money from your investment property, you have other things that you can do with the appreciated property. While the current tax law may change with the Trump administration, the long-term capital gains tax is still at 15 percent. This means that any property that has been held for more than a year will only be ...
How to Get Started in Real Estate Investing – Phoenix Rental Property Investment Advice
We are often asked how to get started in real estate investing. It really depends on what you want to accomplish, and today we’re helping you take the steps you need to begin investing in rental properties. Establish Your Investment GoalsThe best way to start is by establishing your goals and setting your expectations. Some people ...
Maintenance and Repairs 101: How to Handle Maintenance Issues for Your Phoenix Rental Property
Our experience providing property management in Phoenix has shown us that it’s very important to deliver good and fast maintenance service. Be responsive to your tenants because when it’s time to renew the lease, this will be a big factor in their decision. It is expensive for you when a tenant moves, so you want to make main...
What Types of Fees Can I Expect When Using a Property Management Company in Phoenix?
All of the fees you pay for professional property management in Phoenix are negotiable. Nothing is set in stone, and each company charges what they feel is right for their services. Today, we’re talking about how that works. Flat Fee or Percentage FeeSome management fees are flat fees, and others are a percentage of the gross month...
Why Tenants Prefer a Property Management Company – Phoenix Landlord Education
Tenants prefer working with a professional Phoenix property management company instead of self-managing owners. There are so many services we offer investors, and the hidden value you receive is that the best tenants are more attracted to properties managed by professional companies. There are several reasons for this. Maintenance Respon...
What Kind of Communication Can I Expect When Using a Property Management Company in Phoenix?
Communication is an important part of owning and managing rental property, and today we’re talking about what you can and should expect when it comes to communicating with your Phoenix property management company. Set Communication Expectations EarlyCommunicating your preferences to your property manager is a good idea. It a...