Buying Property for Self-directed Retirement Account – Cut Your Tax Bill
By Richard Hart, EA, CAAImagine you could invest $200,000 in a piece of real estate today and sell it 20 years from now for nearly $500,000 without paying a dime in taxes. If you buy that real estate with funds held in a Roth IRA, that could happen, and you could even get low tax results with funds held in a regular IRA. Can you really do...
In Arizona, the eviction process may take only 26 days. In other states, it can take over three months. In order to meet that 26-day timeframe, there are certain criteria that must be met. Before you begin an eviction, it’s very important that you know the court processes and you prepare for what is going to happen.Five Day Notice t...
Obviously, your first goal with any investment property is to earn money. You want your investment to cover the cost of repairs and insurance, and hopefully, your investment brings in a steady income stream as well. There are a few simple ways that you can prepare yourself to make sure that your investment earns the income you need. You n...
Developing Passive Rental Income for When You Retire
Looks can be deceiving. One of my neighbors always has the nicest gadgets, latest cars and best vacations. He earns an above-average income, so his family lives a comfortable life. Until the topic of retirement came up the other day, I never realized that his comfortable lifestyle was due to a lack of savings. The crazy...
Part of the slow down at the moment is the holidays. Fewer renters want to move right before the holidays, so homes tend to be harder to rent during this time. Once January begins, the same properties suddenly receive a lot of applicants. While the holidays are a factor, there is also a small tapering off the rental prices co...
Which is Better for Phoenix Property Owners – Getting the Highest Rent or the Most Income?
All owners want to earn the highest rent possible. However, the highest rent doesn’t necessarily equate to the most income per year. Many owners will come to us with a certain figure in mind that reflects what they think their house is worth. Maybe someone down the street rented their home for a certain amount, and the owner we&rsq...
Why Is It So Important for a Property Manager to Understand and Tell Clients About Fair Housing Regulations? As Phoenix property management company, understanding Fair Housing laws is important. All licensed real estate professionals must understand these legal requirements and inform clients about them. This is especially im...
The Top 4 Things That Renters DislikeWhether you are renting a simple studio or a small villa, there are common frustrations that will keep a renter from picking your property. Broken appliances, old fixtures and hideous walls are just a few of the common issues. Renters hate finding a rental unit with dirty exteriors and old flooring bec...
When Should You Start Advertising a Property?Phoenix property management companies approach listings in different ways. One property manager might list a property as soon as possible. For another property management team, the preferred approach is to wait until the property is vacant, turned over to show ready condition. Start Ads Ri...
What Can Phoenix Landlords Do When Tenants Break HOA Rules?
We receive a lot of questions regarding HOA violations. Today, we’re explaining the three things you need to remember when you have a tenant who receives a notice from the HOA. Provide the Tenant with Homeowners Association RulesStart by making the tenant responsible in your lease agreement for obtaining the rules from the HO...
In Arizona, the eviction process may take only 26 days. In other states, it can take over three months. In order to meet that 26-day timeframe, there are certain criteria that must be met. Before you begin an eviction, it’s very important that you know the court processes and you prepare for what is going to happen.Five Day Notice t...
