Arizona continues very positive population growth ranking in the top 10 overall and 4th in domestic migration. Continued significant increases will ensure demand for housing grows in the future. Good news for housing providers!
Are you a Real Investor... or Just Another Landlord by Dave Pickron, Investigative Screening and Consulting While most of us like to think of ourselves as "investors" instead of "landlords", the difference between the two is more than just a preferred term. Investors generally spend their money on rental properties and use them to generate [...]
I read with interest a recent article in the Arizona Republic on the Greater Phoenix rental market. I was interviewed for about an hour for the article as the Executive Director of AZREIA and was happy to give my perspective. The article was on how competitive the market is for perspective tenants and the difficulty [...]
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 as the experience of others, here are a few surprises many of our investors/landlords [...]
Many investors know about the asset protection that they can obtain by setting up LLCs in which to hold their investment properties. There are differing positions on whether each property should have its own LLC or whether an investor should have one LLC which holds all of the person’s properties. I believe that the answer [...]
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 wrong with a home, it is important for landlords to understand their responsibilities to maintain their investment [...]