by Nick Stratton | Sep 20, 2012 | Investing, Landlord, Landlord Tenant Law, Property Management, Property Manager, Rentals, Strategy
Surprises in life appear in many forms. Traffic accidents, natural disasters or wedding anniversaries…. In many cases, one cannot anticipate or plan for things they are not expecting. The same holds true for property management. Based upon personal experience as well...
by Nick Stratton | Aug 4, 2012 | Investing, Landlord, Multi-family, Property Management, Property Manager, Rentals
Maintenance can be difficult to plan for with residential homes. Vandalism, inclement weather, irresponsible tenants, poor installation/repair and time make it unclear when components of a home will need serviced. Although one cannot foresee everything that could go...
by Nick Stratton | Jun 4, 2012 | Investing, Landlord, Multi-family, Property Management, Property Manager, Rentals
The number of rental properties in the Phoenix area continues to climb as investors show no signs of slowing down their acquisition appetites. A combination of strict lender requirements and ongoing trustee sales have decreased homeownership percentages. Investors...
by Nick Stratton | May 20, 2012 | Investing, Landlord, Property Management, Property Manager, Rentals, Strategy
The year 2009 was when Arizona attracted many investors to purchase homes through trustee sales. Three years later, companies bidding for investors have fine tuned their processes and streamlined their efficiencies in order to make things extremely competitive when...
by Nick Stratton | Apr 17, 2012 | Investing, Landlord, Property Management, Property Manager, Rentals
It is no secret; investors are coming to Arizona to purchase rental properties. While each may be acquiring property for different reasons (future primary residence, vacation home, investment home) most share a common goal; find great tenants as quickly as possible....
by Nick Stratton | Mar 28, 2012 | Investing, Landlord, Property Management, Property Manager, Rentals
With the astounding volume of foreclosures in 2011, the population of tenants continues to increase. According to an article in propertymanager.com1, NAR claims that vacancy rates will drop from 5.0% in the 4th quarter of 2011 to 4.3% in the 4th quarter of 2012 in the...
by Nick Stratton | Feb 13, 2012 | Investing, Landlord, Property Management, Rentals
As a residential landlord, your goals include to minimize vacancy time, obtain the highest quality tenant and receive the highest rental income possible. While each of these goals has their hurdles, finding a quality tenant can be one of the more challenging...
by Nick Stratton | Jan 25, 2012 | Investing
Early in 2011 I wrote about acting now to invest in Real Estate. “We are bouncing along the bottom of the market… Invest in Real Estate now when it’s more affordable than ever to minimize your risk and increase your ROI.”1 While this is a new year, the market has not...
by Nick Stratton | Dec 24, 2011 | Landlord, Rentals
Many investors call each day asking what to look for in a rental home. In my experience I share with them 3 things that will help them make the decision as to whether or not they will purchase a particular home to rent out. 1- Location- Everyone knows that location...
by Nick Stratton | Nov 16, 2011 | Investing, Landlord, Property Management, Rentals
Mandatory renters insurance-Why it is a good policy to enforce. Many investors aim to place their money in avenues that generate the greatest return with the least amount of risk involved. Some will study the economy and analyze market trends to help minimize risk;...