Real Estate and Beyond Blog

IT IS BEST TO HIRE A PROPERTY MANAGER WHEN INVESTING IN REAL ESTATE TO SAVE MONEY AND PROTECT ASSETS

I have been doing real estate for the past ten years and I have seen many mistakes done by real estate investors. I believe that "REAL ESTATE IS A TEAM SPORT." It is much better when the real estate investor has a network in place when investing in real estate. The easiest parts of real estate investing are the acquisition and rehab of the home in my opinion. Now, the management of the property takes a certain skill set so be successful. Do you really want to be a property manager? Properties R Us LLC only charges $60 per month per door. Wow! That is a great price to take the headache away from the real estate investor. How much is your time worth to you? The project to the right of you took exactly three weeks from acquisition, rehab to placing a tenant into this property. The real estate investor was hands off. Really?

I personally deal with many real estate investors from Canada, Australia and across America who wish to invest in Phoenix real estate market. I am on the ground looking out for their best interests. They hire me to acquisition, rehab and property management when it comes to real estate investing. One call does it all. The ONE STOP machine that we have created makes it easier for the real estate investor.

Yes, I do take problems when investors call me about their current rental headache. My most recent assignment was an investor that rented to a tenant with no official lease signed by two parties. Wow! So, we have completed the normal assessment of the entire situation. We will need to evict the current tenant and seek a judgment on behalf of the owner to protect their interests. Yes, the home is on the market at maret rental rate. Please consult a professional when investing in real estate.

PROPERTIES R US LLC $60 PER MONTH PER DOOR ARIZONA PROPERTY MANAGEMENT

TOP 10 REASONS TO HIRE PROPERTIES R US LLC PHOENIX ARIZONA PROPERTY MANAGEMENT $60 PER MONTH

The Phoenix real estate market is a great place to purchase investments homes due to the economy, weather and people are moving to Phoenix so they will need a place to rent. There are three parts when investing in real estate:

1. Acquisition
2. Rehabbing
3. Arizona Property Management

We have created a one stop shop for our real estate investors. We have a licensed person on staff to manage all renovations. Also, we can start marketing the property during the renovations to fill that unit with a qualified tenant in the most efficient manner. Time is money in real estate. We have a lot of offer real estate investors a Properties R Us LLC.

Here are my Top 10 Reasons to hire Properties R Us LLC for your Arizona residential Property Management at $60 per month per door.

1. Collecting Rents and Distributing Profits Back to the Owner I believe acquition and rehab of a rental are easy compared to property management. Many investors start counting the dollars going out to make the unit rent ready. It is time to make money. We have systems in place to collect monthly rents and distribute back to the owner. Hiring a third part to manage your property will benefit one in the long term from my experience.
2. Local Knowledge To Set Rental Rates Knowing the maximize rental rates that one can charge in today's market will maximize the profit on the home being rented out. Furthermore, there are chances to obtain above market rents in certain areas of Phoenix. We know the Phoenix rental market.
3. Rental Law and Regulations Is your home registered as a rental? Did you put the property into a limited liability company? Do I have the right to evict the tenant? Did you serve a five day notice when tenant did not pay the rent this month? Leave it to the professionals. Hire Properties R Us LLC as your Arizona Property Management Company.
4. Tenant Screening Do you run public searches, criminal background and employment verification when tenants apply for a rental? Do you verify employment verification plus last two pay stubs? Property Managers will call current employer and past landlord. Standards must be high when renting to tenants. We need to comply to city, state and federal regulations when it comes to real estate.
5. Low Cost Properties R Us LLC only charges $60 per month per door. There are no extra fees when it comes to Phoenix Property Management.
6. Emergency Calls-Do you want to receive the 2AM tenant calls about their toilet not working or about another repair. Properties R Us LLC has their own maintenance staff on board. Furthermore, we have a price list of the most 200 common repairs when it comes to rental property management. Leave it to the professionals.
7. Financial Record Keeping and Tenant Security Deposit Escrows-Our company offers complete online financial record keeping to all owners. There are several reports at one’s fingerprints. This is a great tool to hand over to your account for tax preparation each year. Tenant security deposits are held in a separate escrow account per Arizona law. Let us do the work for you. Only $60 per month per door!
8. Inspection Reports-Our maintenance people are trained to look inside the unit to confirm that the rental is being maintained properly. Furthermore, we can do quarterly inspections as an added service to our real estate investors including pictures of the property. We can recommend annual maintenance to keep the asset in great shape. We are here to serve all real estate investors.
9. International Real Estate Investors-We service many international real estate investors from Canada, Australia, Europe and beyond. We use the latest technologies have a smooth communication between Properties R Us LLC and the investor. Skype is a wonderful piece of technology. Video Emailing is another great tool when working with international clients. All reporting on the asset is online for easy access for the international real estate investor.
10. Maximize Free Time We are all working harder these days. However, hiring a property management company can free up one’s time to spend more with family, friends and other endeavors such as purchasing more residential rentals. How much is your time worth to you? I challenge you to sit down to quantify this number. Properties R Us LLC only charges $60 per month per door. THIS IS A GREAT DEAL!

HI HARRY! MY TENANT HAS NOT PAID THE RENT IN THREE MONTHS. WHAT CAN I DO? ARIZONA PROPERTY MANAGEMENT

It has been my experience that many Americans are still going through rough times when it comes to money and jobs. American Corporations continue to cut jobs to save money on the bottom line and improve operations. Is there something wrong with it? No! However, it does have repercussions on the local economy. Furthermore, many large to mid-size companies are not giving annual raises due to cut backs.

Many people believe that property management is easy. Really? I receive a call the other day from a husband and wife that are having problems of their tenant paying the monthly agreed upon. I spent 45 minutes on the phone. I was able to earn their business. I now manage a property with a tenant being late on the rent. What to do?

I politely ask the owners to send me over a copy of the WRITTEN and SIGNED lease when it comes to Arizona Property Management. I need to know the terms of the contract between the landlord and tenant so I can enforce them. Well, she sent me over several Emails explaining the terms of the agreement. However, I still did not receive a signed lease between both parties.

I phoned the owner to personally ask for the signed lease. She informed me that the lease was never signed by neither party. This means we do not have a lease. We have tenants leasing a property without an executable lease. WOW! We have people practicing real estate without a license. The tenant owes the owner about $3,000 in rent, late fees, and other expenses.

Properties R Us LLC only charges $60 per month per door when it comes to Arizona Property Management. This is the best deal in Phoenix, Arizona, when it comes to property management.

Meanwhile, I am in discussion with current tenant who is currently overseas until next month. We need to have both sides to sign a lease to we have an agreement between both parties. Are you covering your assets? Oh! The owners do not have this asset in a legal entity just their personal names. Surely, they are need of my expertise when it comes to Arizona real estate investing.

Please call on me when you need affordable Arizona Property Management! Only $60 per month

$3,000 owed by tenant/$60 per month property management=This money would of paid for FOUR years of property management. Make the call Today

HELLO HARRY! MY SECURITY DEPOSIT WAS SHORT $114 ARIZONA PROPERTY MANAGEMENT

Property management is one of those items that many real estate investors have decided to do it on their own until the tenant stops paying rent. Properties R Us LLC in Phoenix, Arizona, offers Phoenix Property Management for $60.00 per month. What do I get for $60 per month? I get this question a lot from real estate investors. I tell them cash flow.

Recently, one of my tenants informed me that they had suffered job loss and need to vacate the property before the end of the lease. Tenant gave me 30 day notice to vacate. However, this does not mean tenant can break the lease without the owner and tenant agreeing upon terms. The lease is a contract between two parties. Properties R Us LLC is the middle point of contact between the two parties.

I informed the tenant on what we can do and cannot do. I immediately put the unit back on the market for rent. I had one perspective tenant that loved the home. He put a nonrefundable deposit on the home. I informed the current tenant that I have found a replacement. Owners agreed to return security deposit based upon a MOVE INSPECTION. I think the tenat forgot this part of the agreement.

The maintenance department performed a move out inspection as scheduled. The tenant was being charged for the following items on the move out inspection:

We explained to the tenant that the following charges were part of the agreement. We do the best we can to please both sides. The new tenant is very happy with the unit. It is time to rent the other units out this weekend.

SO WHAT DO I GET FOR $60 PER MONTH ARIZONA PROPERTY MANAGEMENT?

The Phoenix real estate market is starting to heat up again. Why? We have a desirable area to live with plenty of inexpensive homes to purchase. People are taking their monies out of Wall Street and putting it back into Main Street-rental homes. However, the majority of real estate investors are new to the business. Many of them are purchasing their first rental home. Great! The first step will always be the toughest step. One must have a property management company on their team to ensure their success.

Here is the famous question that I receive from each new real estate investor

WHAT DOES $60 PER MONTH ENTAIL WHEN IT COMES TO ARIZONA PROPERTY MANAGEMENT?

• Rent Collection
• Tenanting fees
• Tenant screening
• Account setup
• Accounting Administration
• Accounting Services, Questions & Research
• Online Account Access/Statements
• Postage
• Long Distance Calls
• Maintenance Administration
• Homeowner Association Correspondence
• Property Photographs
• Move-In Inspections
• Internet Advertising
• "For Rent" Sign
• Advertising/Market Fee
• Print Advertising
• Property Showings
• Move-Ins and Move-Outs
• Sending Notices
• Eviction Processing (attorney fees extra)
• Vacancy Analysis, by request
• Property Value Analysis, by request
• Statutory Agent Service
• Prepare Arizona State Monthly Tax Reports

The bottom line: We reduce vacancy, protect your investment and most importantly, maximize your monthly income. Begin saving more money today! We offer investor consultations and we have loan programs for international investors investing in US.

THERE IS ALWAYS A STORY WHEN IT COMES TO ARIZONA PROPERTY MANAGEMENT

It is just a normal day in Arizona Property Management. The first week and last week of the month is always busy for myself. The last week of each month I spend much time moving people into homes. The first week of each month I spend much time collecting rents. Yes, the economy is very tough right now. Yes, we do have people who stop paying their rent because they lost their job or their monthly check was stopped for some reason. We have 7 out of 10 Americans who live paycheck by paycheck. If there is one major bump in the road, then this is when problems start to surface.

I have learned to be proactive when it comes to Arizona Property Management. We have a three day grace period for people to pay their rent. I start calling on day four to see what is going on with the rent for that month. Why? Real estate is a contact sport. I would rather know the problem at the beginning of the month rather than the end of the month. It is much better to work things out with the tenant when it comes to a payment plan. I recommend all payment plans to be in writing.

There are times when we are able to work things out with the tenant. Then, there are times when we have to ask the tenant to leave peacefully or we will have to start the eviction process see below

1. Send of five day notice
2. Start eviction process on the 15th day of month
3. Court date with judgment within 5 to 7 business days
4. Tenants have 5 days to remove themselves from the property
5. Call constable to change the locks and store tenant's items for 21 days

I have this system down to a science and I follow it each month. People hire Properties R Us to deal with their Arizona Rental Properties for this one reason above. One must have people skills when dealing with tenants. The goal is to keep them happy so they continually pay their rent each month. People need a place to stay so it might as well be the rental that one owns.

The tenant and property manager relationship is very important for the real estate investor. Let us do the property management so the real estate investor will be able to focus on obtaining more rentals. It is not an easy job. Hey, some people want to do it all. Bravo! However, please call me when you do not want to do it anymore. I just signed up two rental units from a couple who have 26 units in total. They informed me that they are tired of dealing with the rentals after 30 years of doing it themselves. They want to travel and have fun. Great! Bring it on!

FULL SERVICE ARIZONA PROPERTY MANAGEMENT $60 PER MONTH PER UNIT

IT IS ALL ABOUT MARKETING BE PREPARED WHEN THE PHONE CALLS DO COME IN TO CLOSE THE DEAL$

It was a another busy Saturday receiving phone calls on the vacant rental units that I currently have received from other real estate investors. The home owners are counting on me to find them a tenant for their home. It is pretty basic to me. I am able to find tenants pretty quickly the great marketing in place to get the phones ringing. My philosophy is to ensure each home is properly clean and move in ready in case a potential client needs to move in quickly. All my rentals show nice.

I have learned to post all rental units for rent early in the morning on the Internet. I completed this task at 6:28AM. I received my first call at 7:02AM. I knew it was going to be a busy day. I had a total of 18 calls on my rental units. Now, I have 18 prospects looking for a rental. What do I do with this information?

• Enter full contact information including name, number and Email address into my database
• Qualify the applicant
• Set up showings to qualified applicants only
• Market database on future rentals throughout the year
• Market database future home buyers

Information is power. I have a farmer mind set. Plant the see and in time we will harvest the crop. Meanwhile, I will continue to market and receive phone calls. Keep the calls coming

Phoenix Arizona Rental Market

ANOTHER BUSY WEEK IN ARIZONA PROPERTY MANAGEMENT MAKING IT HAPPEN DAILY

The Phoenix real estate rental market is alive and kicking. We receive hundreds of phone calls on our rental listings. This tells me that people cannot obtain a conventional mortgage. So, the only alternative left is to rent. However, we have many real estate investors both inside and outside of American purchasing Arizona foreclosures to convert them into Arizona rentals. We call this the Buy and Hold Method. Being a property manager is not easy becasue we act as the go between the landlord and tenant.

Here is a normal week for myself see below:

• Qualifying rental candidates via the phone
• Calling job and personal references
• Handling evictions
• Collecting past due rent including late fees
• Tenants calling in repair requests
• Dealing with HOA CC&Rs with tenants
• Prospecting new landlords to hire Properties R Us to do the Arizona Property Management
• Marketing to both tenants and real estate investors
• Networking with other professionals in the Phoenix real estate market

This is enough to get me started. I can write down another ten items that I do behind the scenes to keep both parties happy. Real estate is a team sport. Making it happen one day at a time

I WOULD LIKE TO SUBLEASE MY RENTAL BECAUSE I CAN NO LONGER MAKE THE PAYMENTS ARIZONA RENTALS

The Phoenix, Arizona rental market is very hot right now. The average time to lease a home under $1,000 monthly rent is about 30 days or less. Why? Many people are unable to obtain a conventional mortgage due to bad credit or recent foreclosure. Then, other people just want to rent and set on the sidelines until things get better. We know the rates are low. However, people still need jobs to pay the monthly mortgage. It is a fine line.

I received a phone call from one of my tenants this past week. She informed me that she would like to sublease her home because she no longer can afford the monthly payment of $1,000. I just want to disclose that there are two other roommates assisting with the monthly rent. Anyway, she went on for about five minutes to explain her situation to me.

I informed her that our rental lease does not allow subleasing.

STATES IN OUR LEASE THE FOLLOWING:

Assignment and Subletting. Lessee shall not assign this Agreement or sublet any portion of the premises without prior written consent of Lessor.

However, I stated that if she found a person who qualifies to take over the lease then I will discuss with the owner the possibility of it. However, we would terminate the existing lease and create a new lease. What about the security deposit? The owner would be able to keep the security deposit since tenant is breaking the lease. Again, it would be totally up to the owner to grant the security deposit back to the tenant.

Read the lease.

ANYBODY FOR A GAME OF POOL?

It was a normal day in Arizona Property Management. We had a tenant that stopped paying rent. So, we obtained a judgment against her for failure to pay rent, late fees and damages. Many people think that property management is easy. Really? It is easy when a tenant is paying rent on time each and every month. However, what do you do when they stop paying rent? Do you know your legal rights as a landlord? I am here to tell you that the tenants know their rights more than a landlord.

Here is a pool table that was left behind from the evicted tenant. The pool table was left outside on the back patio. Luckily, I called a nonprofit organization that is willing to pick up the pool table for free. They will fix up the pool table and donate the pool table to the Boy's Club of Arizona.

I have seen everything when it comes to a trash out. Property management is a messy businesss in my opinion. We are constantly dealing with people on a daily basis.

Are you tired of doing your own property management? Please hire us Properties R Us LLC for only $60 per month. We cover the entire Valley of Phoenix. Make the Call Today.