Phoenix Real Estate and Community News

Sept. 30, 2022

The Comprehensive Guide to Buying a Phoenix Duplex for Sale in 2022

The Comprehensive Guide to Buying a Phoenix Duplex for Sale in 2022Buying a duplex is a fantastic idea if you are looking to make some good income on a rental property. Many Phoenix investors prefer duplexes as a step up from renting single-family homes, and they find it is a great stepping stone to multi-family property rentals. If you have ever thought about buying one yourself, have a look at this comprehensive guide to buying a Phoenix duplex for sale in 2022.

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Posted in Buying a home
Sept. 30, 2022

How to Sell a Duplex in Arizona: Top 7 Things to Know

How to Sell a Duplex in Arizona: Top 7 Things to Know

Arizona is becoming a great place to check out for anyone that is looking for larger properties like duplexes. These properties are excellent for income, and they are very low maintenance compared to single-family homes or multi-family properties, so they are always in demand. If you have been thinking about selling your duplex, have a look at this list to see the top 7 things to know about selling your duplex in Arizona.

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Aug. 25, 2022

12 Reasons To Get Involved In Multi-Family Investing

12 Reasons To Get Involved In Multi-Family Investing - Main Image

Investing in real estate has become a great alternative for people who don’t want to deal with the volatility of the stock market. Investing in real estate propels investors to be more active and play a crucial role in the economy’s growth. Today, the idea of passive investments managed by a third party is getting old.

One of the hallmark aspects of investing in real estate is that it allows investors to tap into various strategies to ensure high ROI. You may not be aware of it but many investors continue to leverage multi-family investing to create and maintain a billion-dollar fortune.

Investment in commercial and residential properties has skyrocketed in the last few years. And why wouldn’t it? Read on to learn more about multi-family real estate investment, analyzing different opportunities and the main reasons to invest in multi-family homes in the U.S.

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Posted in Buying a home
Aug. 24, 2022

How To Find THE BEST Property Manager

How To Find The Best Property Manager - Main Image

Today, effective and efficient property management renders a high ROI and ensures stable financial income for landlords. However, choosing from a diverse range of property managers and property management firms can be overwhelming.

If you’re wondering how to find the best property manager, the answer is often straightforward. When choosing a property manager, the trick is to establish specific criteria. Despite the selling points, make sure the property manager offers services that align with your needs.

The services offered might be similar, but most professional property managers have different approaches. Lean towards a highly knowledgeable and competent property manager who is aware of the current market dynamics and can find solid tenants for your properties.

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Aug. 17, 2022

Interested in a career in real estate? Contact Our Team

real estate career

Interested in a career in real estate? Contact Our Team

To generate leads on Facebook, I have tested many different ads to find out what works and what doesn’t. What I have found is that home evaluation ads work great for seller leads.

 

The great thing about these ads is that you get a list of potential sellers within a certain area. Typically, when one of these leads is wondering what their home value is, they haven’t chosen an agent to list their home yet.

 

To start, we will create a Facebook ad specifically for lead generation. In this ad, you’ll choose a house that looks like a home in the area you want to target. You then will draw a radius from one to 10 miles. The greater the radius, the more people you may be able to reach.

 

From there, you’ll target a more specific audience. You don’t want to target every single person in that area, so we usually look at those who are age 25 and up, are likely to move, and who are already homeowners. Also, exclude any job titles such as “real estate agent” and “real estate broker” and any employers that have brokerages such as Keller Williams, RE/MAX, etc.

 

After that, you need to set a budget and decide the duration of the ad. Facebook will then estimate your potential reach and your potential leads based on that budget and duration. After setting the budget, you’ll choose the format of the ad. In this case, simpler is better, so we usually use a single-image ad. You also want to use shorter content for the headline such as “Find Your Current Home Value Here.” The ad should also include a call to action, where leads will click on “Learn More.”

 

The last step is to link it to a home evaluation tool. There are many to choose from—just pick the one you like best. You want to capture their full name, address, phone number, and email. Once you have finished the ad, Facebook reviews it, approves it, and services it to your audience.

 

If you have any questions about implementing this lead generation strategy for yourself, please feel free to reach out to me. I would be happy to assist you.

Posted in Uncategorized
July 28, 2022

How To Screen Potential Tenants: The Ultimate Guide

How To Screen Potential Tenants: The Ultimate Guide - Main Image

Rental properties can be an excellent investment and provide a steady stream of income, but only if they are well-managed. Nothing can turn a rental dream into a nightmare situation faster than bad tenants. That’s why screening tenants is such a crucial part of the process and should be completed thoroughly and carefully before signing a lease.

There are a handful of things landlords and rental property owners will want to consider when screening tenants. This guide will touch on the basics of what to look for in a tenant, how to go about conducting a background check, and some questions to ask during an interview.

It’s important to remember that each situation is unique, so not every tip may apply to every landlord. The most important thing is to use good judgment, trust your gut, and be as thorough as possible in order to find the best tenants for your rental property.

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July 28, 2022

13 Tips For Staging Your Rental Property

13 Tips For Staging Your Rental Property - Main Image

Are you a landlord who's looking to rent out your property? If so, you may be wondering how to make it look its best. By staging your rental property, you can make your home or rental property more appealing to potential tenants and help speed up the rental process. 

Just as potential buyers want to see a well-kept, stylish home that they can envision themselves living in, so too do potential renters. By taking the time to stage your rental property, you’re more likely to attract high-quality tenants who will take care of your home.

Not sure how to get started? Here are 13 tips for staging your rental property:

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July 6, 2022

Rental Scams Rip Off Property Owners

Rental Scams Rip Off Property Owners - Main Image

As a multifamily property owner, you can become a victim of rent scammers. 

These sleazy criminals can damage your reputation, diminish the attractiveness of your property to prospective renters, and cost you money.

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July 6, 2022

How To Avoid Hassles Collecting Rent

How To Avoid Hassles Collecting Rent - Main Image

Property owners know that collecting rent from tenants can be challenging. 

Is there any way to avoid the time, stress, and risks related to performing a task that is fundamental to earning a return on your investment in a multifamily property?

Yes, there is. 

Read on to understand the scope of this problem and to learn how you can avoid common hassles and risks.

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July 6, 2022

Selecting The Best Tenants For Your Rental Property

Selecting The Best Tenants For Your Rental Property - Main Image

Savvy property owners know that there’s more to approving a new tenant to live in their rental property than just getting the lease signed. 

One of the fundamental mistakes that new multifamily property investors, and even experienced ones make is being over-eager or sloppy when reviewing applicants who are interesting in signing a lease. It can be a costly mistake, too.

Read on to learn what you must do to ensure that you have quality tenants and the consequences of overlooking this important aspect of multifamily property ownership.

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