HomeRiver Group Phoenix Property Management Blog
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HomeRiver Group's blog is an authentic source for daily real estate news, homes for sale, expert advice, and the best neighborhoods in Phoenix. HomeRiver Group is a premier property management company offering acquisition, renovation, leasing, management, maintenance, and brokerage in Phoenix.
HomeRiver Group Phoenix Property Management Blog
1y ago
Phoenix is a city with a high demand for rental properties. In fact, the vacancy rate in 2022 was 3.8%, which is the lowest it's been in years.However, amazing landlords tend to do better than poor or average ones. But what distinguishes great ones from bad ones? Several answ ..read more
HomeRiver Group Phoenix Property Management Blog
1y ago
Every year, 2.7 million American households face eviction. The eviction procedure is a lose-lose situation for everyone involved; the landlord has to go through a lengthy and draining process, and the tenant loses housing.One way to protect yourself as a landlord and decrease the ..read more
HomeRiver Group Phoenix Property Management Blog
1y ago
If you're looking for a place to invest in a rental property, Phoenix real estate should definitely be in the running. People from all over the country are flocking to Arizona's sunny capital. It welcomed 25,194 new residents in the last year, making it the fast ..read more
HomeRiver Group Phoenix Property Management Blog
1y ago
Real estate is an excellent way to generate extra income. You can also receive tax breaks, build equity, and diversify your investment portfolio. You don't need to be an experienced investor to take advantage of this opportunity.If you're new to the world of real estate ..read more
HomeRiver Group Phoenix Property Management Blog
1y ago
The rental market has been blowing up in recent years. Currently, 36% of households live in some sort of rental property.There's serious money to be made by owning a rental property. Rental prices reached an all-time high in 2021, for instance. They're on track to do the ..read more
HomeRiver Group Phoenix Property Management Blog
1y ago
2.3 million people are removed from their place of residence each year in the U.S.The news is flooded with stories about evictions, most accompanied by heartbreaking stories. While there are instances in which a tenant should not be evicted, there are some instances that do call ..read more
HomeRiver Group Phoenix Property Management Blog
1y ago
Smoke-stained walls, scratched carpets, and half repainted walls - bad tenants are every landlord's worst nightmare. Once a tenant occupies your property, you need to surrender a certain amount of control and trust that your chosen tenants will be respectful. As much as ..read more
HomeRiver Group Phoenix Property Management Blog
1y ago
Did you know the average landlord has three properties?Of course, some have many more than that. But wherever you fall, chances are that keeping up with everything can sometimes feel overwhelming.With so much competition in the real estate market, keeping your properties in tip-t ..read more
HomeRiver Group Phoenix Property Management Blog
1y ago
In today’s investment world, investors use a process called 1031 exchanges. These exchanges are designed to help reduce their tax burden when they buy and sell investment properties.The 1031 exchange industry is alive and well in the US. It’s an industry that generate ..read more
HomeRiver Group Phoenix Property Management Blog
1y ago
Phoenix, Arizona has one of the hottest housing markets in the country. The Phoenix metropolitan area has fully recovered from the slump brought on by COVID-19, and then some. The Case-Shiller house price index, which measures repeat sales, puts Phoenix at 32.9%.The national aver ..read more