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Property Management Blog

Monday, September 18, 2017

5 Ways to Make Money from Your Phoenix Real Estate | Rental Property Investment Advice
People invest in Phoenix real estate because it provides multiple ways to make money. Today, we’re talking about the five revenue streams a real estate investment can offer.Achieving Cash FlowMany people see cash flow as the main goal of property investment. They want to be sure the investment pays for itself and provides a monthly...

Monday, September 4, 2017

How to Handle a Security Deposit for Rental Properties
When you’re managing a tenant’s security deposit, you want to protect the condition of your property while avoiding a dispute with the tenants about how much is owed to them. The best way to prevent any disputes is by setting great expectations that are clear, to the point and are in writing.Document Property ConditionCreate ...

Monday, August 21, 2017

Cash Flow 101: Key Differentiators of Positive and Negative Cash Flow on Phoenix Rental Properties
A lot of investors have purchased properties back at the top of the market with negative cash flow. You might be wondering about how that negative cash flow affects you, and if the property is still a good investment. Yes, properties with negative cash flow can still be good investments. Today, we’re talking about positive versus n...

Tuesday, August 15, 2017

How You Should Market Your Rental Property | Ask the Property Management Expert
The members of today’s society are part of an instant gratification type of group. To effectively market your property and find a tenant, you need to be online. About 90 percent of all people look for rentals online. It’s not like the old days, where you put an ad in the newspaper.Property Management Phoenix: Online Advertisi...

Monday, August 7, 2017

Is It a Good Deal? Tips to Consider When Buying Investment Property in Phoenix, AZ
When you want to know if a property you’re thinking about buying is a good deal, you need to first consider your goals. The deals you’re looking for will depend on whether you need a lot of cash flow or if you’re earning a good income and you want to focus on appreciation for your retirement later in life. As a company ...

Monday, August 7, 2017

Preparation is Key in Handling Maintenance
Summer is very busy in the maintenance department here at Service Star Realty: repairs are on the rise with the AC system under duress, pool equipment running twice as long, and this can be of concern. How much do you as an investor need to budget on repairs and maintenance of your rental home? This can be one of the biggest unforeseen fa...

Monday, August 7, 2017

Should I Rent or Sell My Home? (Part 2)
Other than getting tax-free money from your investment property, you have other things that you can do with the appreciated property. While the current tax law may change with the Trump administration, the long-term capital gains tax is still at 15 percent. This means that any property that has been held for more than a year will only be ...

Monday, July 31, 2017

How to Get Started in Real Estate Investing – Phoenix Rental Property Investment Advice
We are often asked how to get started in real estate investing. It really depends on what you want to accomplish, and today we’re helping you take the steps you need to begin investing in rental properties. Establish Your Investment GoalsThe best way to start is by establishing your goals and setting your expectations. Some people ...

Monday, July 24, 2017

Maintenance and Repairs 101: How to Handle Maintenance Issues for Your Phoenix Rental Property
Our experience providing property management in Phoenix has shown us that it’s very important to deliver good and fast maintenance service. Be responsive to your tenants because when it’s time to renew the lease, this will be a big factor in their decision. It is expensive for you when a tenant moves, so you want to make main...

Monday, July 17, 2017

What Types of Fees Can I Expect When Using a Property Management Company in Phoenix?
All of the fees you pay for professional property management in Phoenix are negotiable. Nothing is set in stone, and each company charges what they feel is right for their services. Today, we’re talking about how that works. Flat Fee or Percentage FeeSome management fees are flat fees, and others are a percentage of the gross month...

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