Investing in Out-of-State Property

Investing in Out-of-State Property

Buying an investment property is never easy, especially when it's out-of-state. But sometimes, investing in an out-of-state property is a good option. Some investors choose to invest in another state because it’s more affordable. Another reason investors may decide to purchase real estate out of town is because they're simply looking to diversify their investments. Whatever the reason, it is a good idea to consider the factors that come into play when wanting to buy out-of-state properties. In general, take note of the following suggestions for…

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How to Keep Renters Happy

How to Keep Renters Happy

Keeping your tenants happy is crucial for a successful investment. Happy tenants will pay their rent on time, care for your property and come to you whenever there's an issue. They are also more likely to stay in your property long-term - and long-term tenants are ideal because you won't face vacancies! In this post, we put together a list of ways you can keep your tenants happy. Keep on reading! 1. Become a Responsible Landlord Being a hospitable and cooperative landlord will increase the likelihood that your tenants stay happy. Make it easy …

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Pricing Your Phoenix Home to Rent

Pricing Your Phoenix Home to Rent

First and foremost, congratulations on becoming a landlord! We know this journey isn’t an easy one. If you did everything well, you’ve now set yourself up to earn solid monthly income for many years to come. But there is one thing that may be standing in your way! The rental price. You need to charge the right rent in order for your investment to be profitable. How much you rent your property for can make or break your investment. When setting the rental amount, you must find the right balance that ensures you don’t underprice or overprice yo…

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How to Attract Long-Term Tenants

How to Attract Long-Term Tenants

Many property owners look forward to the benefits of having long-term tenants. Long-term tenants ensure a consistent flow of income for your rental property. Additionally, they save you money and time because you won't have to advertise vacancies and conduct tenant screenings after a tenant vacates. While finding reliable tenants in a cutthroat market may seem challenging, there are tried-and-true strategies you can use to draw them in and then keep them satisfied. In this post, we will go over how to attract and retain long-term tenants: 1. Pe…

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Pros and Cons of Living in Surprise, AZ

Pros and Cons of Living in Surprise, AZ

As one of the many great suburbs in Phoenix; Surprise, Arizona started out as one of the smallest settlements in the area and has become a rapidly-growing city in the state. But what makes the city of Surprise so special? It all started way back in 1938. The city of Surprise, AZ began on a single square mile and was intended to provide affordable housing for farmers living outside of Phoenix. Though it is a relatively new city, it has been subject to rapid population growth and the subsequent expansion of its borders to about 110 square miles…

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