Here is a recent picture of a old pool table left behind by one of the tenants that we just evicted. This has to be your worst nightmare as a property manager. How am I going to dispose of an old pool table? I tried to call the past tenant to see if they could remove this item from the home? Their phone was disconnected. That makes sense since they could not pay the rent. I refused to pay to remove this item. So, I posted this same picture on Craigslist in the FREE section. I said … (5 comments)
arizona property management: IT IS A PLEASURE TO BE WORKING WITH A PROFESSIONAL IN ARIZONA PROPERTY MANAGEMENT
- 03/17/12 02:24 AM
IT IS A PLEASURE TO BE WORKING WITH A PROFESSIONAL IN ARIZONA PROPERTY MANAGEMENT I had the honor to sign up another real estate investor for Arizona Property Management. I met him last month on a Saturday. He was frustrated with his previous property manager because his unit stayed vacant for five months. He asked me in my opinion why it would sit vacant for five months. Here were my 5 reasons for a rental unit staying vacant for a long period of time Priced too high Poorly marketed Does not show right Realtor pretending to be a property manager Availability … (3 comments)
arizona property management: LISTEN TO YOUR ARIZONA PROPERTY MANAGER TRUE PROFESSIONAL
- 03/03/12 07:27 PM
LISTEN TO YOUR ARIZONA PROPERTY MANAGER TRUE PROFESSIONAL It seems that more and more people are purchasing Phoenix real estate as investments. The TV ads and local real estate education companies make it real simple. All you have to do is 5 STEP PLAN TO GET RICH IN REAL ESTATE Purchase a home Fix it up Rent it out Collect the cash Get Rich There is nothing wrong with this model when someone pays $20,000 for this education. Now, I recently wrote a blog post on a TENANT REFUSING TO PAY LATE FEES, LEGAL FEES AND THE RENT. Let me give … (1 comments)
arizona property management: HARRY'S TOP FIVE REASONS WHY RENTALS STAY VACANT FOR A LONGER PERIOD OF TIME PHOENIX PROPERTY MANAGEMENT
- 02/18/12 10:26 PM
HARRY'S TOP FIVE REASONS WHY RENTALS STAY VACANT FOR A LONGER PERIOD OF TIME PHOENIX PROPERTY MANAGEMENT I met up with an investor from California who wanted to hire me to manage his property. I spoke with him over the phone last week to learn more about his property and to set realistic expectations before signing up to be his property manager. He had very simple realistic expectations. All he wanted was a good tenant paying monthly rent and to get a return on his investment each month since he was retired. Well, I finally met him in person this weekend … (0 comments)
arizona property management: IT IS BEST TO HIRE A PROPERTY MANAGER WHEN INVESTING IN REAL ESTATE TO SAVE MONEY AND PROTECT ASSETS
- 02/18/12 12:04 AM
IT IS BEST TO HIRE A PROPERTY MANAGER WHEN INVESTING IN REAL ESTATE TO SAVE MONEY AND PROTECT ASSETS I have been doing real estate for the past ten years and I have seen many mistakes done by real estate investors. I believe that "REAL ESTATE IS A TEAM SPORT." It is much better when the real estate investor has a network in place when investing in real estate. The easiest parts of real estate investing are the acquisition and rehab of the home in my opinion. Now, the management of the property takes a certain skill set so be successful. … (2 comments)
arizona property management: ARE YOU LOSING MONEY WITH YOUR ARIZONA RENTAL PROPERTIES?
- 02/17/12 04:43 AM
ARE YOU LOSING MONEY WITH YOUR ARIZONA RENTAL PROPERTIES? Too Much Leverage Common Sense Partners Due Diligence More Education Than Application Real estate has become a top discussion at many dinner tables and water coolers around the country. Everybody equates real estate and riches together. Real estate education is a multibillion dollar industry. However, only 2% of the people that obtain the education will put it into application. Real estate is a team sport. One cannot do this sport on their own based upon my experience. So, I have developed the Real Estate and Beyond Network so people can just plug … (2 comments)
arizona property management: TOP 10 REASONS TO HIRE PROPERTIES R US LLC PHOENIX ARIZONA PROPERTY MANAGEMENT $60 PER MONTH
- 02/17/12 02:55 AM
TOP 10 REASONS TO HIRE PROPERTIES R US LLC PHOENIX ARIZONA PROPERTY MANAGEMENT $60 PER MONTH The Phoenix real estate market is a great place to purchase investments homes due to the economy, weather and people are moving to Phoenix so they will need a place to rent. There are three parts when investing in real estate: Acquisition Rehabbing Arizona Property Management We have created a one stop shop for our real estate investors. We have a licensed person on staff to manage all renovations. Also, we can start marketing the property during the renovations to fill that unit with a … (4 comments)
arizona property management: HI HARRY! MY TENANT HAS NOT PAID THE RENT IN THREE MONTHS. WHAT CAN I DO? ARIZONA PROPERTY MANAGEMENT
- 01/21/12 01:39 PM
HI HARRY! MY TENANT HAS NOT PAID THE RENT IN THREE MONTHS. WHAT CAN I DO? ARIZONA PROPERTY MANAGEMENT It has been my experience that many Americans are still going through rough times when it comes to money and jobs. American Corporations continue to cut jobs to save money on the bottom line and improve operations. Is there something wrong with it? No! However, it does have repercussions on the local economy. Furthermore, many large to mid-size companies are not giving annual raises due to cut backs. Many people believe that property management is easy. Really? I receive a call … (47 comments)
arizona property management: HELLO HARRY! MY SECURITY DEPOSIT WAS SHORT $114 ARIZONA PROPERTY MANAGEMENT
- 09/25/11 04:38 AM
HELLO HARRY! MY SECURITY DEPOSIT WAS SHORT $114 ARIZONA PROPERTY MANAGEMENT Property management is one of those items that many real estate investors have decided to do it on their own until the tenant stops paying rent. Properties R Us LLC in Phoenix, Arizona, offers Phoenix Property Management for $60.00 per month. What do I get for $60 per month? I get this question a lot from real estate investors. I tell them cash flow. Recently, one of my tenants informed me that they had suffered job loss and need to vacate the property before the end of the lease. Tenant … (8 comments)
arizona property management: SO WHAT DO I GET FOR $60 PER MONTH ARIZONA PROPERTY MANAGEMENT?
- 09/11/11 02:06 AM
SO WHAT DO I GET FOR $60 PER MONTH ARIZONA PROPERTY MANAGEMENT? The Phoenix real estate market is starting to heat up again. Why? We have a desirable area to live with plenty of inexpensive homes to purchase. People are taking their monies out of Wall Street and putting it back into Main Street-rental homes. However, the majority of real estate investors are new to the business. Many of them are purchasing their first rental home. Great! The first step will always be the toughest step. One must have a property management company on their team to ensure their success. Here … (4 comments)
arizona property management: THERE IS ALWAYS A STORY WHEN IT COMES TO ARIZONA PROPERTY MANAGEMENT
- 09/11/11 01:47 AM
THERE IS ALWAYS A STORY WHEN IT COMES TO ARIZONA PROPERTY MANAGEMENT It is just a normal day in Arizona Property Management. The first week and last week of the month is always busy for myself. The last week of each month I spend much time moving people into homes. The first week of each month I spend much time collecting rents. Yes, the economy is very tough right now. Yes, we do have people who stop paying their rent because they lost their job or their monthly check was stopped for some reason. We have 7 out of 10 Americans … (5 comments)
arizona property management: WHAT TO DO WHEN THE ARIZONA TENANT IS ASKING FOR RENT REDUCTION IN EXCHANGE FOR A REPAIR REQUEST
- 08/28/11 03:09 AM
WHAT TO DO WHEN THE ARIZONA TENANT IS ASKING FOR RENT REDUCTION IN EXCHANGE FOR A REPAIR REQUEST Everyone thinks it is easy to just purchase property, find a tenant and collect rent each month. If that was the case, then I believe more people would be doing it. However, many real estate investors forget the tenant relationship as time goes on. Personally, I treat tenants with respect and dignity to ensure a lasting relationship. Things will always come out during their lease. I know having a friendly relationship with tenants is always better for the home owner than having a … (3 comments)
arizona property management: IT IS ALL ABOUT MARKETING BE PREPARED WHEN THE PHONE CALLS DO COME IN TO CLOSE THE DEAL$
- 08/28/11 02:59 AM
IT IS ALL ABOUT MARKETING BE PREPARED WHEN THE PHONE CALLS DO COME IN TO CLOSE THE DEAL$ It was a another busy Saturday receiving phone calls on the vacant rental units that I currently have received from other real estate investors. The home owners are counting on me to find them a tenant for their home. It is pretty basic to me. I am able to find tenants pretty quickly the great marketing in place to get the phones ringing. My philosophy is to ensure each home is properly clean and move in ready in case a potential client needs … (3 comments)
arizona property management: ANOTHER BUSY WEEK IN ARIZONA PROPERTY MANAGEMENT MAKING IT HAPPEN DAILY
- 08/27/11 05:56 AM
ANOTHER BUSY WEEK IN ARIZONA PROPERTY MANAGEMENT MAKING IT HAPPEN DAILY The Phoenix real estate rental market is alive and kicking. We receive hundreds of phone calls on our rental listings. This tells me that people cannot obtain a conventional mortgage. So, the only alternative left is to rent. However, we have many real estate investors both inside and outside of American purchasing Arizona foreclosures to convert them into Arizona rentals. We call this the Buy and Hold Method. Being a property manager is not easy becasue we act as the go between the landlord and tenant. Here is a normal … (0 comments)
arizona property management: I AM GOING TO WITHHOLD MY RENT UNTIL YOU MAKE THE FIX THE REQUESTED REPAIRS ARIZONA PROPERTY MANAGENEMT
- 08/21/11 11:39 AM
I AM GOING TO WITHHOLD MY RENT UNTIL YOU MAKE THE FIX THE REQUESTED REPAIRS ARIZONA PROPERTY MANAGENEMT The Phoenix rental market continues to rise as more and more people are forced to rent due to unemployment and bad credit. There are a number of people that are unable to obtain a conventional mortgage. The only other alternative for people is to RENT a Home. I have witnessed families coming off mortgage payments of $2,200 per month to $1,000 for monthly rent. There is a sense of relief for them. We are in the heat of the summer here in Phoenix. … (0 comments)
arizona property management: I WOULD LIKE TO SUBLEASE MY RENTAL BECAUSE I CAN NO LONGER MAKE THE PAYMENTS ARIZONA RENTALS
- 08/20/11 06:20 AM
I WOULD LIKE TO SUBLEASE MY RENTAL BECAUSE I CAN NO LONGER MAKE THE PAYMENTS ARIZONA RENTALS The Phoenix, Arizona rental market is very hot right now. The average time to lease a home under $1,000 monthly rent is about 30 days or less. Why? Many people are unable to obtain a conventional mortgage due to bad credit or recent foreclosure. Then, other people just want to rent and set on the sidelines until things get better. We know the rates are low. However, people still need jobs to pay the monthly mortgage. It is a fine line. I received … (0 comments)
arizona property management: ANYBODY FOR A GAME OF POOL?
- 08/14/11 11:32 AM
ANYBODY FOR A GAME OF POOL? It was a normal day in Arizona Property Management. We had a tenant that stopped paying rent. So, we obtained a judgment against her for failure to pay rent, late fees and damages. Many people think that property management is easy. Really? It is easy when a tenant is paying rent on time each and every month. However, what do you do when they stop paying rent? Do you know your legal rights as a landlord? I am here to tell you that the tenants know their rights more than a landlord.
It is always a pleasure having my son in the car with me while I am practicing Phoenix real estate. I was visting a fourplex that I just got under contract to do Arizona Property Management. A hospital is located directly across the street. This is ideal when renting out units. There is plenty of traffic on a daily basis. So, my son notices that they are taking down some multiunits across the street. Yes, we pulled the car near the fence since the sign did say no trespassing. However, … (4 comments)
arizona property management: MR. ARIZONA LANDLORD I HAVE 21 DAYS AFTTER JUDGMENT TO OBTAIN MY PERSONAL BELONGINGS
- 08/07/11 02:33 AM
MR. ARIZONA LANDLORD I HAVE 21 DAYS AFTTER JUDGMENT TO OBTAIN MY PERSONAL BELONGINGS Arizona is landlord friendly compared to other states when investing in real estate. Real estate investors new to Arizona ask me the following questions "How long does it take to remove a tenant that is not paying rent? Then, I inform them it can take four to six weeks from start to finish. The real estate investor is relieved because in other states it could take months. This is not good for cash flow. Here is a picture of our latest eviction that just happened a couple … (4 comments)
arizona property management: QUALIFYING PERSPECTIVE TENANTS AT THE INITIAL PHASE SAVES TIMES FOR ALL PARTIES
- 07/17/11 04:17 AM
QUALIFYING PERSPECTIVE TENANTS AT THE INITIAL PHASE SAVES TIMES FOR ALL PARTIES It is the busy time of the season with people renting out homes before the school year begins. Properties R Us LLC is a full real estate brokerage that offers real estate and property management for its clients. We have many great homes FOR RENT at the current time. Our firm markets the rentals on several different web sites to get the phones ringing. I have been trained over the last ten years to qualify a potential client via the phone by asking three to five questions to qualify … (2 comments)
Intended to share information, ideas, and tips on buying and selling real estate in Phoenix, Arizona. Written by realtor and radio host, Harry F. D'Elia. This Blog focuses on the creation of wealth through real estate and is involved in teaching others how to conservativley buy and sell real estate to enhance one's current portfolio. Agent's are welcome to follow along and learn from Harry how to successfully meet your clients needs.
ANYBODY FOR POOL?
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