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landlords: Investment Buying Tips for Today's Market in Chandler, Gilbert, & Queen Creek - 10/23/09 01:37 PM
Today's Market is bringing out many novice investors wowed byt the low prices. Prices in Chandler, Gilbert, & Queen Creek have dropped by about 52% since the peak in 2006. Many novice investors will look at the price and think, I can just buy this at such a great price and rent it, not considering the repairs that the home may need or vacancie rates.
Here are some of the key rules for noivce investors: These rules will serve you well when followed.
Number one: Due diligence is never optional. You've got to understand the local market - and that includes not just … (0 comments)
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landlords: Johnson Ranch Home In Queen Creek For Sale - 10/07/09 12:57 PM
Adorable Starter Home! 3 Bedroom, 2 Bathroom on the Golf Course with a great view!!! This home does need a little cosmetic TLC from the tenant, Great Open Floorplan, New Hot Water Heater, Upgraded Maple Cabs, All Appliances Stay. Short Sale.
Call Gina McKinley, ABR, CRS, CDPE, Associate Broker at 480-355-8645 in order to schedule an appointment to view this home.
For more pictures and a property brochure, please visit our web page at http://www.LocateArizonaHomes.com/30675Barebacktrail.
… (0 comments)
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landlords: Update Regarding Arizona's Anti-Deficiency Statute - 08/20/09 07:38 PM
The governer's office has approved the special session of the legislature to review repealing the anti-defiency status. The good news is the Senate has transmitted HB 2008 to the governor's office. Depending on the circumstances, Governor Brewer could have up to 10 days to sign, veto, or allow the bill to go into law without her signature.
There are a couple of other provisions contained in HB 2008, including partial language from HB 2269 that effects the notification of tenants in foreclosed properties. The language requires the trustee to notify the tenant that the property is in foreclosure by mailing a … (0 comments)
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landlords: Superstition Heights Home In Mesa, AZ For Sale - 03/19/09 06:57 PM
***Great Investor Special*** Short Sale Steal With Tenants in Place. Lease Ends 6/30/2009. Property Is Professionally Managed. Super Clean Home With Split Floor plan, Tile Everywhere Except For Bedrooms, Stainless Appliances, Large Gourmet Kitchen With Island, Sunscreens & Ceiling Fans T/O, Water Softner And Much More!
Call Gina McKinley, ABR, CRS, CDPE at 480-355-8645 In Order To Schedule An Appointment To View This Home.
For More Pictures And A Property Brochure, Please Visit My Web Page at http://www.LocateArizonaHomes.com/540N105.
… (0 comments)
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landlords: 6 Important Tips for Homeowners Turned Landlord - 03/11/09 01:07 PM
Becoming a landlord is not an easy task. Experts say that homeowners should consider themselves as a small business owner. Thinking like a business owner will keep you aware of the monthly costs of mortgage, taxes, and maintenance. You also need to be aware of landlord-tenant regulations and liabilities.
6 key points to keep in mind:
Set a fair rent. Setting a fair rent will increase the chances of the landlord keeping the home rented. Understand landlord-tenant rules. Study all regulations, rules. liabilities, etc. of landlord & tenants rights. If someone dibobeys the rules, it could be costly to that … (0 comments)
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landlords: Lease-To-Buy May Be Good Option - 09/15/08 11:33 AM
Many people who are struggling to get mortgages are finding comfort in a growing trend: lease-options. This is a contract that allows renters to lease the property and, at the end of their lease, have the option to buy the home.
Hopeful buyers with poor credit are finding the rent-to-own option creates an opportunity to repair their credit while positioning them for homeownership. It's a win-win situation. Sellers find that properties that once sat vacant now offer cash flow.
The concept, while not new, is gaining momentum. There are a number of reasons buyers are finding this option appealing. Some buyers … (3 comments)
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landlords: Investors Beware of Housing Bill Catch - 08/15/08 06:53 PM
Tax alert for real estate investors who use popular tax-free exchanges: The recently signed federal housing legislation contains a hidden zinger that could cost you thousands of dollars if you don't plan around it.
As of next January 1st, investors who exchange into rental or second home properties that they later convert into their personal homes no longer will be eligible for the full $250,000 to $500,000 tax-free exclusions now available on sales of principal residences.
Instead, they'll need to allocate their time of ownership between taxable investment or second home usage and non-taxable principal residential usage.
To qualify for … (0 comments)
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landlords: The Key to Good Tenant Relations - 08/05/08 10:56 AM
It is important to attract and keep great tenants when you own investmentproperty. A good way to begin a positive tenant/landlord relationship iswith clear communication about what you expect from your tenants and whatthey can expect from you.
The written lease agreement spells out the legal obligations of each party.The landlord must ensure that the property is habitable and complies withlocal codes, and the tenant must pay the rent in a timely manner and notdamage the property. Make sure that the terms of the agreement are statedclearly in straightforward language.
Let the tenants know of your commitment to keep the property … (0 comments)
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Gina McKinley, ABR, CIAS, CDPE, CRS, SFR ~ Chandler, Gilbert, Mesa, & Scottsdale
Chandler,
AZ
More about me…
RE/MAX Masters
Address: 2390 W. Ray Rd, Suite 3, Chandler, AZ, 85224
Office Phone: (480) 821-5700
Cell Phone: (480) 600-1129
Email Me
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