Repairs are going to happen when one owns rental property. Yes, things will break after you purchase the home and place tenants. How does one make repairs going forward? Do you have a reserve to cover minor and major repairs? Perhaps, one should purchase a home warranty to offset a financial disaster. That is a personal choice. What do you do when a tenant refuses entry for repairs? There are times when tenants believe they know the law better than anybody else. Personally, I do not argue with the tenant. I simply remind them that the (26 comments)
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. I created Real Estate and Beyond, located in Phoenix, Arizona, that 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 full service Phoenix Property Management.
Recently, one of my tenants informed me that they had suffered job loss and need to vacate the property before the (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.