I attended a meeting yesterday with fellow NARPM (National Association of Residential Property Managers) members and the AZ Department of Revenue where they discussed the upcoming TPT (Transaction Privilege Tax) filing and licensing changes. First, this is a boring subject for most so I will keep it short and sweet with bullet points on what…

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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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For this of you that own properties in the west valley, here is a nice report showing what has ben happening in the real estate market. Additionally, our sales team did a great blog on the current market that is worth a read, you can find it here: http://www.jennifersanchezteam.com/market-conditions/5-trends-we-are-seeing-in-our-real-estate-market/

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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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There are many reasons why a professional property manager is imperative to your long term investment. Here are just a few items that should be considered when trying to decide whether you should hire a property manager or self-manage your property. If you look at all these items, there’s a dollar figure that can be…

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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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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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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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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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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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