Archive for Management

Finding a Profitable Tenant For Your Phoenix Investment Rental

How to find a tenant for your Phoenix income property.

 
You can sometimes get a house rented by only sticking in the ground a "for rent" sign but just as with selling a home its worth going the extra effort to expose your home to as many prospective tenants as possible.   Below are several things you [...]

Owning a Small Multi-family Property is a Business, Treat it as Such.

Unlike running a rental house a multifamily building is more akin to running a business especially when you have more then one or when the total unit count starts to rise.
it sounds very simple to invest in a multifamily property.   You buy, you manage, or delegate, wait and spend the profits.
There are a lot of [...]

Staging Apartments To Reduce Vacancy?

There has been a lot of press about staging homes and many new companies have come on the market to fill that gap advising and performing staging on homes for sale.  Other people do it them selves and many agents have been advising staging for years.  Even simple thing like removing clutter is part of [...]

Ten Commercial Phoenix Real Estate Terms You Should Know

Whether you own or rent your office space, property costs are one of the largest business overhead expenses. That’s why it’s important to comprehend the full ramifications of taking over the title to a property or entering into a lease agreement. Before you sign a lease, work with a commercial real estate broker with a [...]

Know the Arizona Residential Landlord and Tenant Act.

Owners of rental properties should make them selves familiar with the document which governs the interaction between tenant and landlord.  Each action that you take need to be according to this act because the consequences can be costly.  If you write your own lease, know that anytime that you write that is contrary to the [...]

Doing Your Small Phoenix Multifamily Laundry

Doing your laundry: a tale of increasing your cash in a small income property.
I spoke with a client looking to sell his two fourplexes in the near future.  Part of my due diligence, as an seller representative, in establishing the value of a property I discovered how the owner is loosing quite a bit of [...]

15 Tips To Improve Your Phoenix Income Property Cash Flow

It’s often the small things, the culmination of efficiencies and ideas that increase income in a multifamily property.  Below is a collection of 15 ideas to increase cash flow, either by increasing income or decreasing expenses.  Many of these have been tired by me as an owner of several multifamily properties and others are ideas [...]

A Look At The Apartment Vacancy

Vacancy rate is usually though of as a measure of apartments not occupied in term of real physical occupancy. There are other vacancy measures which reflected revenues lost or not generated. These other vacancy measures are usually grouped into physical vacancy; segregating different measures of vacancy provides a better understanding of the behaviours.

Physical [...]

How to Find a Tenant for Your Small Income Property in Phoenix

You can sometimes get a house rented by only sticking in the ground a "for rent" sign but just as with selling a home its worth going the extra effort to expose your home to as many prospective tenants as possible. Below are several things you can do to increase the possibility of renting a [...]