Like most business decisions, there are risks involved when investing in real estate. But this is not a “Don’t invest in rentals post”; this is an “opportunity to beat the risks by understanding them” post. Basically, all business risks have one thing in common – they create a situation where your financial outlay is greater …
Author: Rentals America
The Risk of Investing in Rentals
How to Win “Landlord of the Year” from Your Tenants
Investing in rental properties can be a rewarding experience or a journey to you-know-where and back. The truth is you hold the power to make your investment experience a great one – by being a winning landlord. Here are some top suggestions to get you going. Communicate. Communicate. Communicate: No matter what you are trying to …
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Security Deposits – What’s Mine and What’s Theirs?
Security deposits are just that – a deposit to protect the landlord if a tenant leaves without notice, without paying, or damages the property. They are not an opportunity to make a less than ideal tenant “pay.” While retaining a portion of the deposit is sometimes necessary, documentation is essential. So, let’s start at the …
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Is Now a Good Time to Invest in Real Estate?
We’re reaching out to our community of Landlords, Investors and Real Estate Professionals to get your opinion on the economy and real estate. Let us know what you think! Click below to answer our quick, two question survey.
The Pros and Cons of Being a Section 8 Landlord
Section 8 housing was established by Congress to assist those who need a home or apartment to rent, but their income can’t cover the expense. Section 8 provides a “voucher” to cover a portion of the rent payment. A number of factors are included to determine the Section 8 voucher amount such as fair market …
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Rentals America Supports the I-HELP Campaign on World Homeless Day
In recognition of World Homeless Day, Rentals America is proud to support Tempe Community Action Agency (TCAA) and the I-HELP campaign. The I-HELP program strives to improve the economic status and self-sufficiency of homeless men and women. “As the homeless population continues to rise, in turn, the volume of affected people unable to access services …
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Your Rental Properties and the “New Normal”
Like most businesses, rental property owners must adapt to the “new normal” and change in our COVID-impacted world. From social distancing and cleaning procedures, to renters who have been hard hit economically, landlords are searching for new ways to handle their rental properties and navigate the challenges. Communication – good, consistent communication – is essential. Don’t …
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Phoenix and Tucson Top Single-Family Rent Index
According to CoreLogic’s recent Single-Family Rent Index report, Phoenix had the highest year-over-year increase in single-family homes rent in August 2020. Among the 20 metro areas included in the report, Phoenix had the highest year-over-year increase in single-family rents at 5.8%. Tucson, Arizona, had the second-highest rent price growth with a gain of 4.8%.
Rental Renovations with a Solid Return on Investment
There is an old saying that goes, “It’s not the initial cost, it’s the upkeep!” A fitting saying for many situations and certainly one to consider when investing in home rentals. Preparing a home for rental goes beyond the purchase price. It includes remodels and upgrades that give you the best bang for your buck …
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Navigating the Covid-19 Eviction Restrictions
As we keep hearing, these are unprecedented times. The Covid-19 crisis has led the government to take extraordinary measures to support the economy and protect people that have been impacted by the pandemic. For landlords, the various eviction holds that have been placed are amongst the most significant actions and a cause of confusion. Here’s …
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