Phoenix Real Estate and Community News

June 23, 2022

The Ultimate Guide To Evicting A Tenant (2022 Guide)

The Ultimate Guide To Evicting A Tenant - Main Image

Evicting a tenant requires following strict procedures and rules. There are several laws on how to evict a tenant to protect both the tenant and the landlord. In addition, both the tenant and the landlord have rights and responsibilities they should be aware of before signing the rental agreement. Before we go into too much detail about how to evict a tenant, let's first uncover what a tenant and landlord are, their rights and responsibilities, and finally, how to evict a tenant.

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Posted in Ultimate Guide
June 22, 2022

20 Things To Know Before Becoming A Landlord

20 Things To Know Before Becoming A Landlord - Main Image

Being a landlord is a massive undertaking. Though the benefits are huge, there are still a few things to know about becoming a landlord before you make the giant leap. The term landlord refers to the owner of the real estate property (house, condominium, townhome, warehouse, etc.) that is being rented or leased to a person or business. 

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Posted in Buying a home
June 1, 2022

15 Best Places To Invest In Real Estate In 2023

15 Best Places To Invest In Real Estate In 2023

Are you thinking about investing in real estate but don't know where to start? You're not alone! Investing in your own property can be a great way to build wealth and secure your financial future. But with so many different options available, it can be hard to know which market is right for you. 

In this blog post, we'll take a look at the 15 best places to invest in real estate in 2023. We'll discuss why these markets are hot right now and what kind of return on investment you can expect there. So if you're ready to jump into the world of real estate investing, read on!

 

As a quick note, all of the statistics featured in this blog are as of June 1, 2022.

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Posted in Buying a home
April 27, 2022

The 10 Best Cities For Investing In Multi-Family Properties

The 10 Best Cities For Investing In Multi-Family Properties

Investing in MULTIfamily property is an excellent way for investors to make a solid return on their investment. There are many factors that go into choosing the best city for investing in a MULTIfamily property including job growth, population density, and the amount of available rental units.

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Posted in Buying a home
April 6, 2022

How To Choose A Property Management Company For Your Multifamily Home

How to Choose a Property Management Company For Your Multifamily Home

As an investment property owner, you know that a reliable and reputable property management company is key to ensuring your asset is well-cared for. But with so many options out there, how do you choose the right one?

This article is going to go over everything you need to know about choosing a property management company for your multifamily home. We'll cover what you need to look for in a company, tips for finding the right company for you, and some questions you should ask during the interview process. 

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Dec. 7, 2021

Buying A Multi-Family Home? Here Are 12 Ways To Add Value To Your New Property

Buying A Multi-Family Home? Here Are 12 Ways To Add Value To Your New Property

If you’re thinking about investing in some MULTIfamily homes then now is a great time. The market is perfect for anyone looking to buy a MULTIfamily home, duplex or triplex and improve it. There are so many simple ways you can improve the MULTIfamily property that will give you an excellent bang for your buck.

All it takes is a few changes to turn your MULTIfamily home into a great rental property that will make you great money. If you’re looking for a few ideas, have a look at this for 12 ways you can add something unique to your MULTIfamily home that will also add some value. 

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Posted in Ultimate Guide
Dec. 6, 2021

The Secret To Multi-Family Property Management: To Do's and Not To Do's

Multi-Family/Duplex Property

Managing your MULTIfamily property unit is very important if you want your tenants to remain long-time renters. There are a few things you need to know when it comes to managing the MULTIfamily home or duplex property so let’s take a look at some of the best tips you need to keep it running smoothly.

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Posted in Ultimate Guide
Nov. 10, 2021

2022 Predictions For Investing In Multi-Family Real Estate

2022 Predictions

MULTIfamily properties are typically a very popular investment when getting into real estate investing. If you mitigate your risk, you can likely create some excellent passive cash flow. It’s the part of real estate investing that tends to do better than other commercial areas, and it’s expected to continue that positive trajectory into the new year. Between the number of young adults looking to rent longer and the older crowd downsizing, we’re reaching what Dr. Peter Linneman has referred to as “the golden age ofMULTIfamily investing.” Here are some of the predictions for what the MULTIfamily property market will hold in 2022. 

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Posted in Ultimate Guide
Nov. 10, 2021

6 Important Things To Know When Buying A Tenanted Duplex

Things To Know When Buying Tenanted Duplex

Becoming a real estate investor is simultaneously exciting and a learning curve, especially as a first-time investor. There's plenty to know about buying an investment property or a MULTIfamily home. However, things can get a little complicated when you're trying to buy a duplex that has tenants still living there. Depending on your circumstances and your plans for the investment property, this can be a great thing or a hindrance. When purchasing a tenanted duplex, there are some potential challenges, so here are six important things to know when purchasing a tenanted MULTIfamily home

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Posted in Ultimate Guide
Oct. 27, 2021

Top 7 Benefits Of Investing In A Duplex | Why Now Is The Best Time

Investing In A Duplex

Investing in real estate can be a lucrative and exciting endeavor if you’re passionate about becoming a landlord. You may not be able to know the very best time to get into real estate investing, but the sooner you can dive in at a price you can afford, the better. Here are the top 7 benefits of investing in a duplex. 

First and foremost, what’s a duplex?

A duplex is a type of MULTIfamily home that includes two units in the same building. Typically, you’ll find that most duplexes are purchased as an investment property, and one person owns both units, but in a condo setting, each unit can have individual owners. When that’s the case, each person owns the unit they live in, but they will share the ownership of the lot. 

There’s no standard layout for a duplex, but on first thought, you may think of a townhouse-style row home. Duplexes can have one unit on top of each other or some other configuration with two separate entrances. 

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Posted in Ultimate Guide