phoenix property management: HOW DID THAT ROCK GET THERE? - 05/27/12 09:14 PM
HOW DID THAT ROCK GET THERE?
Here is a picture of an alley in between two neighborhoods located in South Phoenix. The current tenant received a city citation for having a rock located in the back alley. Well, it is kind of hard to move a big boulder like the one you see in the picture. We were able to deduce that this rock was placed here by the neighbor across the way with photos that were take three months prior to this incident. We asked the neighbor to take back his rock or we would have to submit the … (0 comments)
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phoenix property management: PHOENIX REAL ESTATE INVESTMENTS ONE STOP SHOP FOR ALL INVESTORS - 05/27/12 02:06 PM
PHOENIX REAL ESTATE INVESTMENTS ONE STOP SHOP FOR ALL INVESTORS
Building Your Real Estate Dream Team
There is no "I" in team. It is vital to obtain a team of professionals who know more in any particular area than oneself. Real estate investing is a team sport. This has been my experience over the last ten years in real estate.
The Phoenix real estate market is HOT. The entire world has its eyes on Phoenix, AZ when it comes to real estate. Why? Here are the major reasons for investing in Phoenix, AZ:
Sunny 10 months out of the year Variety … (0 comments)
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phoenix property management: POSTCARD MARKETING TO GENERATE ADDITIONAL REAL ESTATE BUSINESS - 05/21/12 05:56 AM
POSTCARD MARKETING TO GENERATE ADDITIONAL REAL ESTATE BUSINESS
There are so many ways to market oneself in the real estate market. I remember when I first got into the business ten years ago. I spent money on anything that would get my name out there such as
Print ads Ads in real estate section Shopping carts Web site Purchase leads Phone book Luckily, I had a great mentor when I started the business or I would of been broke by spending too much money in marketing myself. The key is to develop a REALISTIC business plan for the year, Then, implement … (3 comments)
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phoenix property management: PHOENIX PROPERTY MANAGEMENT FOR 401K REAL ESTATE INVESTING SINGLE FAMILY HOMES - 05/20/12 06:35 PM
PHOENIX PROPERTY MANAGEMENT FOR 401K REAL ESTATE INVESTING SINGLE FAMILY HOMES
Many real estate investors are pulling their money out of WALL STREET and investing in MAIN STREET. They are purchasing single family homes with their self directed 401k monies. Statistics suggest that only 1% of all 401k monies is invested in real estate. That is an astonishing fact. Real estate investors must use Phoenix Property Management when investing in single family homes here in the Phoenix real estate market.
Many people have lost up to 50% of their total investments. People are looking for alternative investments to obtain a … (5 comments)
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phoenix property management: LIKE TO ORDER ONE PROPERTY MANAGEMENT COMPANY AND CHANGE THE LOCKS TODAY - 05/20/12 03:35 PM
LIKE TO ORDER ONE PROPERTY MANAGEMENT COMPANY AND CHANGE THE LOCKS TODAY
Our company receives many distressed phone calls from out of state owners on a monthly basis to take over their property to manage professionally. I have written many blog posts about DO IT YOURSELF LANDLORDS that manage the property from out of state. They instruct the tenant to deposit the monthly rent into a local bank account. Everything goes great when the tenant pays the rent. The fun times begin with the tenant stops paying the rent for the following reasons
Loss of job Divorce Been arrested Ran out … (1 comments)
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phoenix property management: I WAS GOING TO CALL THE OFFICE - 05/19/12 09:39 AM
I WAS GOING TO CALL THE OFFICE
They say the number ONE reason for investors getting out of the real estate market is because of tenant relations. Let's face it! There are three steps when it comes to real estate investing as follows
Acquisition Rehabbing Property Management All the real estate gurus make this process so easy. I have to admit that the first two steps are easier than the last step. The first two steps involve money going out of the investor's pocket. Now, the investor wants the money put back in his pocket. This comes from the tenant. Everything … (4 comments)
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phoenix property management: DOOR LEFT OPENED! IS IT OK I CHANGE THE LOCKS TO SECURE THE PROPERTY? - 05/18/12 05:38 AM
DOOR LEFT OPENED! IS IT OK I CHANGE THE LOCKS TO SECURE THE PROPERTY?
The number one reason for real estate investors to leave the business is tenant relations. I work with many investors who love to invest in Phoenix real estate. However, they give me the property management side of the business. Why? It is because they would rather pay me $60 per month than deal with the tenants on their own. Personally, I think it is a wise investment. I am better educated about the Arizona Landlord Tenant Act and the overall Phoenix real estate market compared to the … (5 comments)
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phoenix property management: PHOENIX PROPERTY MANAGEMENT OWNER LEAVES BEHIND BELONGINGS BUT WE STILL RENT IT - 05/13/12 08:18 AM
PHOENIX PROPERTY MANAGEMENT OWNER LEAVES BEHIND BELONGINGS BUT WE STILL RENT IT
I had the honor of meeting a father and son real estate investment team that own properties in Phoenix, Arizona. They were interviewing Phoenix Property Management companies to work with to manage their current assets. Furthermore, they were interested in obtaining more single family homes as investments. The meeting lasted over an hour. My broker also attended the meeting which only made things better for us.
So, they gave me one home to rent out to test the waters. We were able to rent this home out in one … (4 comments)
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phoenix property management: WHEN THE CAT(LANDLORD) IS AWAY THEN THE MICE(TENANTS) WILL PLAY - 05/12/12 01:58 PM
WHEN THE CAT(LANDLORD) IS AWAY THEN THE MICE(TENANTS) WILL PLAY
It was just another week in Phoenix Property Management for myself. I received phone calls from many investors that do not wish to manage their own properties at this time. You might want to say that they lost that funny feeling. It has been my experience that people burn out at about five properties. It comes to a point when it become a second job with no success.
The mice in this picture seem very innocent. However, mice can cause major damage to a home when left unattended. Plus, they can … (21 comments)
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phoenix property management: DO IT YOURSELF LANDLORD ACCEPTS PARTIAL PAYMENT DIRECT DEPOSIT - 05/12/12 09:01 AM
DO IT YOURSELF LANDLORD ACCEPTS PARTIAL PAYMENT DIRECT DEPOSIT
Real estate is a great way to obtain residual income when it is down correctly. I am in the property management business. Many real estate investors decide to manage their own property to have total control of their assets. OK-everything is fine until the tenant stops paying rent or pays partial rent. Does the owner accept partial rent or not? Sure, the tenant is good for it-right? That may not be the case. I have found that tenants know the local laws better than the landlords. Landlords are on an unfair playing … (2 comments)
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phoenix property management: HARRY IS MAKING A COURSE CORRECTION IN MIDYEAR ARE YOU CRAZY? - 05/12/12 08:07 AM
HARRY IS MAKING A COURSE CORRECTION IN MIDYEAR ARE YOU CRAZY?
I see so many other real estate agents that want to do real estate solo. Why? Real estate is meant to be a team sport. We need other people involved in our business to be successful. One person can only do so much before that person maximizes production and becomes careless. Then, that person will start losing clients because the quality of work has been lost. How much can one person do before they crack under pressure? There are many REO agents that do it all themselves. So, this means … (8 comments)
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phoenix property management: HARRY THE NEIGHBOR CALLED EPA BECAUSE RAW SEWAGE AT HER FRONT DOOR WHAT DO I DO? - 04/29/12 06:45 AM
HARRY THE NEIGHBOR CALLED EPA BECAUSE RAW SEWAGE AT HER FRONT DOOR WHAT DO I DO?
I received a call this past week from one of the tenants that I just moved into the home. We completed the move inspection of the unit and everything was in working condition. I have to admit that the home did sit for six months based upon the owner's information. They were trying to complete the repairs on their own but it was obviously taking more time that was allowed. Do It Yourself(DIYL) believe they have plenty of time and money to do everything on … (4 comments)
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phoenix property management: REAL ESTATE AND BEYOND REAL ESTATE THE FINAL FRONTIER - 04/20/12 08:07 AM
REAL ESTATE AND BEYOND REAL ESTATE THE FINAL FRONTIER
We were asked to pick a movie that best describes our real estate business. Wow, it was a hard choice for me since I live watching movies. Which movie and which character best describes myself? I finally made the right choice to best describe my real estate career. There was only one true movie for me.
STAR TREK V - THE FINAL FRONTIER-PLEASE CLICK TO VIEW ALL SPEED AHEAD
This movie was about Captain Kirk and his crew was assigned to go to another galaxy to fight a renegade Klingon who threatened … (7 comments)
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phoenix property management: DO YOU HAVE A TENANT NOT PAYING RENT? PLEASE SEND THEM TO HARRY FOR THERAPY LESSONS - 04/20/12 06:58 AM
DO YOU HAVE A TENANT NOT PAYING RENT? PLEASE SEND THEM TO HARRY FOR THERAPY LESSONS
Hello! My name is Harry Delia. I understand that your tenant is not paying rent. How can I assist you? This is a normal dialogue that I have with real estate investors on a weekly basis. I have been writing about real estate investing for many years. There are three steps to obtaining a residential home
Acquisition Rehabbing Property Management I think that we can all agree that the first two steps are the easy part. However, the third step continues to be a challenge … (4 comments)
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phoenix property management: LINE THEM UP! TAKES ON A DIFFERENT MEANING WHEN WE GET OLDER IN LIFE - 04/14/12 11:10 AM
LINE THEM UP! TAKES ON A DIFFERENT MEANING WHEN WE GET OLDER IN LIFE
There was a time in life during college life that the term "LINE THEM UP!" meant lining up shots of whiskey for people around the bar to drink. It was a ritual that brought about friendship and stupidity as the night went on. It was a time to relax and reflect about the week and future plans with friends. However, there comes a point in ones life with this action is no longer accepted as one advances in their career. "Oh Happy Days!"
Today, the term "LINE … (19 comments)
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phoenix property management: DO IT YOURSELF INVESTOR WAS BETTER OFF BUYING A GENERIC RESIDENTIAL LEASE FROM OFFICE MAX OR STAPLES - 04/13/12 10:25 PM
DO IT YOURSELF INVESTOR WAS BETTER OFF BUYING A GENERIC RESIDENTIAL LEASE FROM OFFICE MAX OR STAPLES
Everybody wants to invest in real estate. I am seeing the real estate education classes pop up on the radio and television saying "No money down. Make a million dollars. Sign up for a FREE work class this Saturday." Are they visiting your local real estate area? I am not against education. Heck, I have a graduate degree. However, I would advise investors to partner up with a investor friendly Realtor like myself. I provide the following services to my real estate investors
Acquisition … (8 comments)
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phoenix property management: WHAT TYPE OF PANTS DO YOU WEAR IN REAL ESTATE? DOES IT REALLY MATTER? - 04/13/12 03:39 PM
WHAT TYPE OF PANTS DO YOU WEAR IN REAL ESTATE? DOES IT REALLY MATTER?
Come on! Does it really matter what type of pants one wears when practicing real estate? Well, it does to me. I have been pretty active in the Phoenix real estate market for the past ten years. I have developed my own style. I work with many real estate investors in the following areas
Acquisition Rehabbing Property management Phoenix Fix and Fli It does matter to me which pants I wear when doing different real estate activities. Cargo pants are for me. Why? They have extra pockets … (8 comments)
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phoenix property management: MY NEW HOBBY IS COLLECINT KEYS COME PEOPLE GIVE ME YOUR KEYS - 04/06/12 02:30 PM
MY NEW HOBBY IS COLLECTING KEYS COME PEOPLE GIVE ME YOUR KEYS
The Phoenix real estate market continues to heat up as cash buyers and first time home buyers are fighting over the same inventory. Luckily, my real estate investors are purchasing properties from the following sources
Arizona Multiple Listing Service Wholesalers Arizona Trustee Sales Private Investors One must be in position to take down a property at any given time. Many investors are coming into the market to Phoenix Fix and Flip or Phoenix Buy and Hold. We cater to both strategies at Properties R Us LLC.
Now, who is … (8 comments)
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phoenix property management: NO CASH NO CHECKS JUST MONEY ORDERS AND CASHIER CHECKS PLEASE WHEN PAYING RENT - 04/05/12 05:08 PM
NO CASH NO CHECKS JUST MONEY ORDERS AND CASHIER CHECKS PLEASE WHEN PAYING RENT
The Phoenix real estate market continues to heat up. We have cash investors coming from around the world to get a piece of the American gold-single family homes. Renters are abundant and we have homes to rent. I say it takes us about 30-45 days on average to rent out a normal single family home in a regular neighborhood. Properties R Us LLC has developed their own Apartment Finders division with a database of qualified renters ready to rent. Investors ask us, "How did you rent out … (4 comments)
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phoenix property management: TENANT HAS TOO MANY PEOPLE LIVING IN ONE DWELLING 10 DAY COMPLIANCE NOTICE SENT CERTIFIED MAIL - 04/01/12 08:52 PM
TENANT HAS TOO MANY PEOPLE LIVING IN ONE DWELLING 10 DAY COMPLIANCE NOTICE SENT CERTIFIED MAIL
Many real estate investors under estimate the need for great property management. Who is protecting the asset that is generating cash each month? Many out of state investors manage their property from another state. This arrangement works great when the tenant pays rent. However, it does not work well when the tenant stops paying. I had a recent real estate investor contact me to hire our company to manage his property because tenant abandoned it over night. We signed up the property that day. The … (4 comments)
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