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Blog Post April 2020 Rental Market Update

April 2020 Rental Market Update

Check out recent rental activity and trends for the Phoenix Metro area for April 2020...Closed Rental Units: 1,618 (2.08% increase year over year)Median Lease Rate: $1,600 (6.67% increase year over year)Average Lease Rate: $1,751 (2.94% increase year over year)Average Days on Mar...
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Blog Post Should I Switch My Vacation Rental to Long-Term Rental?

Should I Switch My Vacation Rental to Long-Term Rental?

The 2020 Pandemic is leaving a big footprint on short term vacation rentals. Not only are open weeks remaining open, but booked weeks also have been canceled. Thanks to some extenuating circumstance guidelines, many cancellations have been penalty-free for the renter. Unfort...
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Blog Post Long Term Rental or Vacation Rental – Which is Better?

Long Term Rental or Vacation Rental – Which is Better?

Trying to decide on whether to rent out your property as a long-term rental or vacation rental? Here’s a quick tale to illustrate the two options…Jack and Emma were colleagues and worked out at the same gym. When Emma decided to invest in real estate in the fall of 2...
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Blog Post March 2020 Rental Market Update

March 2020 Rental Market Update

Check out recent rental activity and trends for the Phoenix Metro area for March 2020...Closed Rental Units: 1,783 (0.056% decrease year over year)Median Lease Rate: $1,600 (7.02% increase year over year)Average Lease Rate: $1,759 (7.32% increase year over year)Average Days on Ma...
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Blog Post Overcoming Adversity

Overcoming Adversity

“Character cannot be developed in ease and quiet. Only through experiences of trial and suffering can the soul be strengthened, vision cleared, ambition inspired, and success achieved.” –  Helen Keller, who lost her sight and hearing as a toddler, yet ...
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Blog Post Surviving and Thriving While We Stay at Home

Surviving and Thriving While We Stay at Home

The first week of stay-at-home, it was an unexpected vacation; but now it’s a real challenge. Before crazy sets in, try being creative. There are a lot of options to make this a time that you look back and smile at the memories. It might even be the catalyst that sparks lon...
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Blog Post Connecting with Tenants Amid COVID-19

Connecting with Tenants Amid COVID-19

Yes, life can be downright scary these days, but don’t let the pandemic turn into pandemonium. Staying calm and informed, using common sense, and remaining connected to others despite social distancing will make a difference. Here are some tips to help you accomplish just t...
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Blog Post Time Management

Time Management

Investing in home rentals has proven to be a well-chosen source of passive income. With that rent check, however, also comes responsibilities. Add them to a schedule already filled with your day job, civic commitments, and time with family and friends, and life can get hectic. Le...
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Blog Post Making Your Rental – Your Home

Making Your Rental – Your Home

Renting a home, townhouse, or condo has many appealing aspects. Renters get to save on upkeep and recurring expenses, taxes, insurance, and maintenance. They have less responsibility, greater flexibility, and aren't as impacted by fluctuating real estate as property owners.&n...
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Blog Post February 2020 Rental Market Update

February 2020 Rental Market Update

Check out recent rental activity and trends for the Phoenix Metro area for February 2020...Closed Rental Units: 1,750 (1.98% increase year over year)Median Lease Rate: $1,550 (3.68% increase year over year)Average Lease Rate: $1,717 (4.89% increase year over year)A...
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