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Rentals in Peoria : Real Estate Advice

  • All158
  • Local Info8
  • Home Buying39
  • Home Selling4
  • Market Conditions3

Activity 15
Fri Oct 31, 2014
Jennie Miller, Pllc answered:
What is the address of the house that you are interested in?
0 votes 3 answers Share Flag
Fri Oct 31, 2014
Jennie Miller, Pllc answered:
Craigslist is highly effective in helping to rent homes quickly.
0 votes 11 answers Share Flag
Wed Jul 23, 2014
Jennifer Sanchez Team answered:
I have worked with this loan officer for almost 8 years she is extremely honest and will not give up on you! I have sold over 600 homes, and there are only a handful of Loan officers I would recommend and she is one of the top two! Best of all she is one of the few offering "Homes for Heroes"--Non-profit down payment assistance program & VA and is a specialist in credit scores. check out our blog on my website...

Jennifer Gokool
Castle & Cooke Mortgage

if you need help in Phoenix area finding a home or rental let me know!

Jennifer Sanchez, GRI
Jennifer Sanchez Team
Keller Williams Professional Partners
Mobile (623) 910-4212
7025 W Bell Rd Ste 10
Glendale AZ 85308
... more
0 votes 2 answers Share Flag
Wed Jul 23, 2014
Jennie Miller, Pllc answered:
What is the address of the property that you are interested in?
0 votes 1 answer Share Flag
Thu Dec 5, 2013
Van Allan answered:
Do you want furnished or unfurnshed, a house or a Casita (townhouse)
Van Allan
Home Smart Real Estate
0 votes 6 answers Share Flag
Thu Sep 19, 2013
Chad Roberts answered:
Things to consider:

-It is similar to renting, but the rent is higher than normal.
-There is an additional non-refundable deposit.
-Once purchased, the non-refundable deposit and a portion of your rent is devoted toward the purchase.
-If you choose not to continue with the purchase, the non-refundable deposit and the high rent is gone.
-It is also possible you may be responsible for all maintenance.
-When the option comes due, make sure you will be able to qualify for the loan.
-If market value lowers while you’re renting, it might mean that the appraisal comes in low, requiring that you pay the difference in cash or walk away from the additional funds you have paid.

Chad Roberts
Realty One Group
... more
0 votes 6 answers Share Flag
Fri Aug 23, 2013
Shana Audett answered:
If you would like to discuss your options, please feel free to contact me directly. or 623-293-2837
Thank you!
0 votes 7 answers Share Flag
Fri Aug 23, 2013
Shana Audett answered:
Lisa, please feel free to contact me directly for more options, if you would like to discuss.
Thank you!
0 votes 2 answers Share Flag
Sat Nov 10, 2012
Michelle Spalding answered:
Sat Aug 11, 2012
Michelle Spalding answered:
Everything is Real Estate is negotiable! the worse they can do is say no. I am also a landlord and I know that for every month my house sits empty I have to pay a full mortgage payment. This means that very quickly it becomes better for me to lower to the rent than to let it sit vacant! good luck and I hope this helps! ... more
0 votes 4 answers Share Flag
Mon Apr 16, 2012
Michelle Spalding answered:
Peoria rental market is a broad spectrum. Southern parts of Peoria have more inventory and therefore sit on the market a little longer than the 85382 zip code you posted in. This northern zip code, along with 85383 has a very in demand rental market, and as other agents mentioned.....priced correctly, and move-in ready and in todays market, it should be gone in probably under 30 days.

I am not in property management, but I have noticed that you have posted a few things questioning your existing property management relationships. It's always good to verify facts, but it also sounds like you should take up some of the other offers and interview for someone else you can build a stronger relationship of trust with since you need them to be your eyes and ears.

A few weeks is definitely within the range of normal, but the more updated and clean your property is, the more likely you are to have it rent quickly!

Good Luck!
Chris Spalding
(602) 312-7237
Real Estate Agent
... more
1 vote 6 answers Share Flag
Fri Feb 10, 2012
Holly Brink answered:
That seems like an interesting management agreement. Have you expressed your concerns to her? Time to interview new managers for sure if you have and response time has not increased. I think she can choose not to charge you if you mutually agree.. Maybe she would cut the penalties in half? I would consult professional legal advice because we can't give you that. Not charging for unoccupied properties is an industry norm right now. Make sure you ask for references on the next one. There are many managers like me that are dangerously connected to our iPhones. :-) good luck!! ... more
0 votes 1 answer Share Flag
Wed Nov 16, 2011
Kimberli Baker answered:
Hello, Bill.

You've asked a loaded question here! Every area is different and even within an urban area (I'm in Phoenix for example), there are pockets of areas where real estate investments perform really well versus those that don't, and they can literally be blocks apart. So, the first key is, if you don't intimately know an area, find a professional who does. Figure out what kind of return you want on your investment (ROI or cap rate, every investor is looking for something different based on whether you're paying cash, financing, etc.), and back into it. Any good agent will be able to tell you, based on what you have to invest and what you want your returns to be, how to back into the right property profile.

All that being said, it is my experience that single family homes work much better for investors. They command a higher rent (usually) and have a lot of advantages over the condo/townhouse property profile. When it comes time to liquidate, you will likely have a much better ability to sell the SFR versus the condo, and probably with better appreciation. In most markets today, you can get such great deals on houses that it's almost not worth it to buy a condo. Personally, I always push my investor clients to buy the SFR over the condo or townhouse, with very few exceptions.

FYI, I've pasted a link in below to a blog post I wrote on picking the best investment properties.

Hope this helps!

Kim Baker
... more
0 votes 5 answers Share Flag
Tue Nov 2, 2010
Jason Whaley answered:
I think the pros outweigh the cons.

Pro: Higher rent, and always in your account by the 1st.

Cons: The general consensus is that the tenants are bad, but I have had pretty good luck. I have also had bad luck with non-section 8 tenants, so if I get the rent on time every monthand I keep the lines of communication open, usually they have been respectful of my property. ... more
0 votes 2 answers Share Flag
Sun Sep 12, 2010
James Wehner answered:
There are landlords that will lease short term, such as month to month, 3 or 6 month lenghts. However, typically you will be asked to pay a high rate for shorter term leases. Short term leasese are very common in the Phoenix metro area especially in the weinter months.

Good luck!
... more
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