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How is the Rental Market in Arizona?
According to WalletHub 8 Phoenix-area cities hit top 50 healthiest US housing markets. The website had 14 criteria to determine rankings. Those criteria included pricing, days on market, affordability, and other factors. Texas topped the healthiest markets list with the number 1 positions for large, midsize, and small markets. Those cities were Austin, Plano, and Frisco. Overall Arizona had a good showing on the list. Seattle and Denver were #2 and #3 for large cities. Here a
Find your Rental Price "Sweet Spot"
Demand for rental housing nationwide remains strong but why are your rentals not renting? There are many factors to why a rental property could be on the market for an extended period, but how can you minimize your days on market while maximizing your income? The coveted "sweet spot" rental price is what you are looking for. Finding the best possible price but quickly renting your property. RentVest property management has a whole team dedicated to finding the best rental val
Property Managers Can Get More Clients by Understanding Prospective Clients
One of the main goals among property management teams is growing the business by signing new property owner clients and increasing the number of units they manage. The key to growing your business, as marketers and entrepreneurs everywhere will tell you, is understanding your prospective clients so you can meet their needs. Understanding your target market and creating buyer personas will help you establish more effective and more cost-effect marketing that: Communicates a st
Renting to Roommates: Survival Tips for Landlords and Property Managers
Renters who share living space with roommates other than a spouse or partner are not uncommon. Cohabiting is a way for singles to manage their housing expenses, and many people enjoy the company of a roommate or two. Additionally, renting an apartment or house to two or more individuals substantially broadens the pool of tenants who can afford your rental by pooling their income. However, renting an apartment or house to roommates can open the door to a host of quandaries if
Renting now outpaces homebuying in the U.S. Here's why.
The American dream transforms
Homeownership, the American dream, right? Well, not so much. It may have been up until about a decade ago when millions of U.S. homeowners lost their homes to foreclosure in the 2008 housing bubble collapse and subsequent recession. The trauma so many Americans experienced still haunts most people who were impacted, crushing the generations-old mindset that buying a home made good financial sense. Even though the recession is rear view mirror s
Considering a rental property investment? Here are some tips for first-time landlords.
Planning to invest in your first real estate rental property? It's a great investment for securing an income stream, but if you're new to wearing the landlord hat it can be overwhelming. Here are some things you should know before diving in. Arizona multifamily and single-family rental property is a hot market in 2018! Investors new multi-family construction is booming, and the opportunities for adding a rental income stream to your nest egg are abundant!
If you haven’t sta
Smart Technology is a Property Management Team’s Hottest Upgrade for Attracting New Tenants
Photo courtesy of Wink/Sunset.com Progressive property management companies are continuously looking for opportunities to attract new tenants. In competitive rental markets, knowing what amenities renters want is often the best way to most is one way to accomplish this task and snatch potential leads away from competitors. Recent research finds that technology is an important influencer when it comes to renters’ choices, and in fact, renters expect it. Technology presents pro
6 Step Checklist for Major Rehab Projects
Throughout my years in real estate, I have garnered some pretty serious experience and found some real gold mines. Here’s the main thing tha
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