Blog entries

Real Property Management Wins Several Major Awards

RPM North Valley — Tue, 07 Feb 2012 04:11:15 +0100

SALT LAKE CITY--(BUSINESS WIRE)--Real Property Management has cleaned house, winning several major national awards and earning high marks on a number of key industry lists.

Real Property Management provides full-service residential property management for investors and homeowners across North America. The company’s custom technology platform provides efficient, centralized management of thousands of homes and multi-family dwellings through highly trained local teams. Awar...

Improve Profits on your Rental – Perform Maintenance

RPM North Valley — Mon, 15 Nov 2010 21:05:16 +0100

In the current economy, or any economy for that matter, we are all looking for ways to improve the performance of our investments. Your Arizona rental property should be no exception. One of the easiest ways to improve profits on your rental property is to spend money on maintenance.

How can that be you ask? There are a lot of reasons this makes sense...

Phoenix Housing Statistics for April released

RPM North Valley — Fri, 11 Jun 2010 22:42:25 +0100

The number of home sales are still settling around record levels, but there are some signs of encouragement. The number of investors purchasing homes has dropped slightly, while more buyers purchased homes with the intention of using them as primary residences.

There was a gain in first time home buyers in April, but that month was the last month for the government first time buyer tax credit. In either case, April did show a trend away from foreclosures, which enabled many homeowners to...

The Best Types of Real Estate Investments in Phoenix

RPM North Valley — Fri, 14 May 2010 16:44:32 +0100

We have really seen a drop in Real Estate prices in Phoenix, and this has created great opportunities for Real Estate Investors looking in the Phoenix investment property market. The best types of real estate investments in Phoenix are obviously a matter of personal preference. However, from a property management perspective, we thought we would offer these tips to keep in mind while investing in Phoenix rental properties.

PURCHASE PHOENIX INVESTMENT PROPERTY WITH MINIMUM THREE BED...

Canadian Investors finding Gold in Arizona Real Estate

RPM North Valley — Tue, 27 Apr 2010 21:29:58 +0100

Canadians seeking gold are not simply stopping at the victory of the 2010 Gold Medal in Hockey at the Vancouver Olympics, they are looking for Gold Medals in business investments as well. Canadian investors are some of the most savvy investors around. Can the fact that they are flocking to Arizona (Phoenix) real estate investments be a sign real estate is turning around? At the very least, there are some extremely good deals and returns on investments right now in the Arizona (Phoenix and Tuc...

Landlord responsibilty

RPM North Valley — Wed, 14 Apr 2010 18:57:22 +0100

Each state provides guidance for the items a Landlord is responsible for. In Arizona, landlords (and tenants) need to follow the statutes provided in the Arizona Landlord Tenant Act.

In general, Landlords need to provide for items that make the house livable and correct items that effect the habitability of a building. Cosmetic items are a different story.

Our friends at rentals.com wrote a nice article today about items Landlords should be concerned with, it is a quick concise ...

The Amazon or eBay for Real Estate Investors?

RPM North Valley — Mon, 12 Apr 2010 19:54:43 +0100

Out of state real estate investor? First time investor? Seasoned veteran? Each one of these investor types still has to deal with the most basic law of real estate investing: Location, Location, Location!

What location is going to appreciate the most? What location has the highest percentage of renters (in order to rent my property the fastest)? Rents and best rental locations are in a constant flux, especially in the Arizona market. If you have a real estate agent you know well, has t...

Rental Property Management - Self Manage vs Professional Property Manager

RPM North Valley — Wed, 07 Apr 2010 20:34:13 +0100

Wow! This is one article I love to write about, because it gets to the heart of why you are investing in Real Estate in the first place. First of all, let's disclose. I own multiple investment properties, and I also have a stake in property management as well. So I know the benefits and pitfalls of each. Also, there are different types of personalities that are suited for each (we will discuss those briefly too). I have seen many articles and public forum entries that suggest “all the p...

How to Compare Property Management Companies and Management Fees - a must read

RPM North Valley — Tue, 06 Apr 2010 06:00:00 +0100

We often get asked the question, “Why do some companies have very low monthly management fees, and others higher? Is it just a case of one company costing me less?” A simple cliché comes to mind, “You get what you pay for.” In this case it is even worse. You think you are paying less, when in reality, the cheaper company is charging you more. In general, it probably costs a good management company 7-8% of your monthly rent to properly manage your property. That ...

Lower the rent and increase the ROI on your rental property? Read How!

RPM North Valley — Fri, 02 Apr 2010 06:00:00 +0100

THE BIG PICTURE. The biggest issue real estate investors face is how to create the highest possible return from their rental property. This requires looking at the big picture, not just the current month, or so they think. Unfortunately, many investors have fooled themselves into thinking they are looking at the big picture, when they are really being shortsighted. What comes to mind when you think of getting the highest return on your rental property? Cash Flow? That is the answer most would...

Managing your Arizona Investment Property

RPM North Valley — Fri, 02 Apr 2010 06:00:00 +0100

Ever wonder if you should self manage your rental property or turn it over to a professional company? When I first started investing in Arizona 15 years ago, I asked myself a better question. Would I manage my neighbors property by advertising, screening tenants, signing the lease, collecting rent, taking maintenance calls at all hours and coordinating with vendors, and gathering data for evictions, all while following the Landlord Tenant Laws for a measly $100 a month? The answer was obvious...