Mission Statement
Articles, links, ideas and everything to do with property management.
Tuesday, July 31, 2012
Saturday, July 28, 2012
Friday, July 27, 2012
Wednesday, July 25, 2012
Wednesday, July 18, 2012
Sunday, July 15, 2012
Wednesday, July 11, 2012
Thursday, June 28, 2012
16th Amendment
The Sixteenth Amendment (Amendment XVI) to the United States Constitution allows the Congress to levy anincome tax without apportioning it among the states or basing it on Census results. This amendment exempted income taxes from the constitutional requirements regarding direct taxes, after income taxes on rents, dividends, and interest were ruled to be direct taxes in Pollock v. Farmers' Loan & Trust Co. (1895). It was ratified on February 3, 1913.
Monday, June 18, 2012
Thursday, June 14, 2012
Phoenix looking good for job growth
Metro area population: 4.3 million
Current unemployment rate: 6.6%
Job growth next five years: 8% to 10%
Number of new jobs: 100,000 to 150,000
A solid transportation infrastructure and low labor costs make the Valley of the Sun a strong magnet for firms fleeing higher-cost California. The Greater Phoenix Economic Council notes that 30% of relocations in 2011 were from California. And a silver lining in the wake of the housing crash: inexpensive real estate.
Current unemployment rate: 6.6%
Job growth next five years: 8% to 10%
Number of new jobs: 100,000 to 150,000
A solid transportation infrastructure and low labor costs make the Valley of the Sun a strong magnet for firms fleeing higher-cost California. The Greater Phoenix Economic Council notes that 30% of relocations in 2011 were from California. And a silver lining in the wake of the housing crash: inexpensive real estate.
The city is an emerging player in the making and distribution of lower-end electronics: major employers include Motorola, Honeywell and Avnet, all of which are hiring. Other Fortune 500 firms looking for help are mining giant Freeport-McMoRan, US Airways and PetSmart.
Sunday, June 10, 2012
Importance of Credit Checks
Read the article and also the comments. It has alot of valuable information in it.
Thursday, May 31, 2012
America lost 129,000 Millionaires in 2011
Obama's wealth distribution is right on track!!! Remember, Conservatives follow the principles of the Constitution. It is supposed to provide us a level field upon which we can try to build our futures and are will to take a chance even if we fail. Progdolytes want a strong centralized Government to let us all share equal misery.
Wednesday, May 30, 2012
Tuesday, May 29, 2012
Saturday, May 26, 2012
Thursday, May 24, 2012
Finding Tenants
Finding the right tenants for your rental property is one of the most critical tasks you'll face as a landlord. As any experienced income property owner knows, difficult tenants can consume so much time and energy (not to mention cash, if their particular brand of "difficulty" is "not paying rent") that you're better off with a vacant property than you are with the wrong renters.
Casting a wide net with your advertising strategy will give you the best chance of finding responsible, financially stable tenants. With this in mind, here are some good ways to locate ideal renters:
- Word of mouth: Letting trusted friends and family know that you have a rental unit available can be one of the simplest and best ways to find hassle-free tenants.
- Community bulletin boards: Posting attractive flyers in locations where responsible renters are likely to congregate can be an inexpensive and effective strategy for getting the right people interested in your property. Office break-rooms, churches, and upscale grocery stores are all good places to post your property listing.
- Newspaper ads: Placing ads in the print version of your local newspaper is still one of the simplest ways to bring news of your vacant rental property to the attention of a wide, yet targeted, audience. If you live in a large metro area, don't forget that advertising in smaller community or neighborhood newspapers can be a cost-effective, focused way to advertise vacancies.
- Online advertising: There are many ways to advertise your rental property online, from Craigslist, to your local neighborhood blog, to rental listing portals such as RentalHomesPlus.com and Rent.com. With many young professionals (read: "likely renters") conducting an ever larger portion of their lives online, it makes sense to advertise on the Internet.
- Rental agents: Many property owners choose to work with experienced property managers to fill their vacancies, even if they handle all other aspects of managing their properties themselves. Property management companies have systems in place to identify great tenants---systems that they've developed and refined in the course of filling dozens, even hundreds of properties. It's hard to match that kind of experience as an independent landlord.
Thursday, May 17, 2012
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