Top Tips When Buying Investment Property in Phoenix

Top Tips When Buying Investment Property in Phoenix

Are you looking to reap the benefits of the housing market? The options in and around Phoenix make it an excellent investment opportunity, all you have to do is find the right property! Phoenix was ranked 5th in terms of affordability in a survey conducted by USA Today. No wonder investors can’t get enough of the city! What’s more, there’s a growing population and the occupancy rates are looking good. As a landlord this is great news for you, as this growth ensures a stable pool of prospective tenants for your long term rentals. Investors Pr…

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Important Factors for Real Estate Investing

Important Factors for Real Estate Investing

Investing in real estate is believed to be a hedge against inflation. After all, even when the economy fluctuates, housing remains a necessity, so real estate often thrives during economic shifts. That being said, it’s important to remember that not all real estate investments are sound. To be a successful real estate investor, choosing your investment carefully is crucial. Seasoned investors don’t just buy any properties listed on the market. They perform proper research and conduct thorough market analysis to ensure they make the right decisi…

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How to Transition From Part-Time to Full-Time Landlord

How to Transition From Part-Time to Full-Time Landlord

Rental properties are a popular investment for many reasons! Real estate can be a great source of income, especially if you choose the right investment property in the right rental market. However, new investors are often afraid of becoming full-time landlords, which is understandable because investing always comes with some risks, even in the best real estate markets. But for many people, being a full-time property investor is very financially rewarding. If you’re new to property investing or just want to increase your rental revenue by becomi…

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What Landlords Should Know About Move Out Letters

What Landlords Should Know About Move Out Letters

Writing formal letters is a normal part of a landlord’s job. Letters and written notices are easily documented forms of communication you can use with your tenants. One of the notices that landlords must consider sending to tenants is a move-out letter. Sending a move-out letter is essential because it helps make end-of-tenancy processes more seamless. Benefits of Move-Out Letters Sending move-out letters can be helpful to your overall bottom line. The main purpose of a move-out letter is to remind tenants when they need to vacate the premises …

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Arizona Rental Laws - An Overview of Landlord-Tenant Rights in Phoenix

Arizona Rental Laws - An Overview of Landlord-Tenant Rights in Phoenix

Owning and running a rental unit can be quite rewarding. Many of the world’s wealthiest people can attribute their success to real estate investing. That said, being the owner of a rental investment and managing it are two different things. While anyone can own a rental, some are more qualified to manage it than others. This is because managing a rental homes requires certain skills, like checking a criminal record, managing security deposits, completing eviction actions, complying with state laws, experience and knowledge. Among other things…

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