You have just bought your first investment property and you are ready to dive in to being a landlord. The to-do list is surprisingly long: advertise rental property, create rental forms, figure out how to do credit checks, set up bank accounts for deposits, make repairs, and on and on. Make sure you add to the list gaining an understanding of the many federal, state, and local laws, governing your actions with your tenants. (more…)

Popularity: 8% [?]

RealtyTrac, a leading web site for foreclosure properties, releases lists documenting the foreclosure rates for 100 metropolitan areas. Listed below are cities with the highest and the lowest foreclosure rates in November. The number listed to the right of the city shows the number of households per foreclosure filing. For example, in Stockton one in every 31 households has a foreclosure filing. (more…)

Popularity: 5% [?]

Los Angeles property managers are experiencing some powerful economic trends affecting rental prices and vacancy rates. (more…)

Popularity: 6% [?]

Las Vegas Multiple Listing Service resale homes available in 2007:

February: 1400
April: 8654
September: 15758

These numbers speak for themselves. Las Vegas has shifted from being one of the hottest real estate markets in the country to one of the most challenging. What impact has this had on Las Vegas Property Management? (more…)

Popularity: 7% [?]

Seattle is one of a few major metropolitan areas with continuing escalation in real estate prices, but the pace of the escalation has changed in recent months. Many Sellers are in a wait and see mode. They do not want to reduce their sales price and instead are calling local property managers to place their homes on the rental market. In addition, October through February is a slow time of year in Seattle for rentals. Bottom line, property managers have to work hard to earn their pay!
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Popularity: 8% [?]