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Investors

New Tax Implications Favorable for Investors

The following article was presented to ARMLS members on 11/15/17, with tax debates underway and changes likely, I thought it was worth sharing. As it stands the changes look good for Arizona,  investors and renters.   There have been numerous articles written over the past week about the new tax implications. In his daily observations…

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Common Ways Landlords Fail

This business is easy to succeed but also easy to fail. As a professional property manager I see a common theme among some landlords that maybe should be using a property manager instead of trying to handle it themselves. Here is a short list of common fails. But we are also solution oriented so I…

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How Hard is it to Transfer my Property to a Property Manager?

We are asked how hard is it to transfer my property to a Property Manager fairly often. Simply put it is not hard at all but the process is a little different depending on what your situation is. Here are a couple scenarios and how we go about handling the transfer. If you have a…

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Property Management Strategies to Maximize your ROI

Whether you use a property management company or not there are property management strategies to maximize your ROI. Even if you are a owner managing your own property I encourage you to consider these items. First is to limit turnover. The idea here is to find great tenants that are happy and want to stay…

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Protect Yourself with a Property Manager

There are many reasons why you should use a property manager but in this blog I simply want to discuss one of them. Take a look at the image here on this page. I received this the other day regarding a property I have for lease that is being marketed online through many sources. As…

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Eviction Process Q&A

One of the biggest benefits, other than finding good quality tenants is aligning yourself with a property management company familiar with the eviction laws and process. Disclaimer… I/we are not attorneys and this blog should not be construed as legal advise. We do however have some of the best attorneys in the state that work…

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State of the Rental Market in Phoenix AZ

I recently attended a national convention with our company where the following slides were shared. These slides reflect what has been happening in the national real estate market and in many ways, it gives us an idea of the direction the market is going. Simply put the rental market looks healthy in the Phoenix area.…

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Real Estate Market Report for the Phoenix West Valley- January 2017

Here is the market report for January 2017 covering most the Phoenix west valley cities.  I wanted to point out something we have not discussed in previous Market Reports, however worth noting especially for a January Market report. Since the average real estate transaction is 30-45 days escrows, technically the numbers report in the given month, actually reflect business done the previous 4-6 weeks.…

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Difference Between Managed and Non-Managed Properties

People ask us all the time what the difference is between having their property managed verse not having it managed. There are over 40,000 agents that have the ability to list a home for rent on the MLS to get a tenant in, but that’s only the beginning. The typical agent is not legally allowed…

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FHA Loan Limits to increase, Mortgage Rates Look to go up

As you know there have been lots of news about our economy with the change in the presidency. Housing plays a huge role in the economy such as FHA Loan Limits and higher mortgage rates. We are likely to see lots of changes in 2017. There may be a lot of changes that can indirectly effect housing, this…

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