“Gratitude makes sense of our past, brings peace for today, and creates a vision for tomorrow.” – Melody Beattie 2020 has …
Author: Rentals America
Gratitude and Thankfulness
October 2020 Rental Market Update
Here’s the latest rental activity and trends for the Phoenix Metro area for October 2020… Closed Rental Units: 1,819 (8.64% decrease year over year) Median Lease Rate: $1,725 (11.29% increase year over year) Average Lease Rate: $1,906 (10.43% increase year over year) Average Days on Market: 43 (38.71% increase year over year)
Survey Results – Is Now a Good Time to Invest?
The results of our recent survey about the economy and real estate market reflect uncertainty amongst landlords and investors during an election year and the Covid-19 pandemic. Although 33% of respondents anticipated a “strong” economy over the next 12 month, 67% felt that the economy would be “fair or weak”. Ratings of “very strong” or …
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The Risk of Investing in Rentals
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 …
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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September 2020 Rental Market Update
The Phoenix rental market continues to show strength. Limited supply of available properties and strong demand continue to drive year-over-year rental appreciation. Check out recent rental activity and trends for the Phoenix Metro area for September 2020… Closed Rental Units: 1,722 (9.80% decrease year over year) Median Lease Rate: $1,700 (6.58% increase year over year) Average Lease …
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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