Building Wealth via Investment Property
Investment property is a business of capital. That is, you put large sums of money into a property with the goal that you generate a higher amount of money by either selling or renting out this property. That is a pretty spartan explanation of a way of life. There has to be more to investment [...]
What are Some Advantages of Having a House for Rent in AZ?
Have you ever considered real estate investing and thought about owning a house for rent in AZ? If you are new to the idea of being the owner of rental properties, then you may not be aware of some advantages that come along with it.
Cash Flow – The most important target is having a monthly [...]
The Phoenix Real Estate Market is Hot… And We Don’t Just Mean the Weather!
Now is one of the best times in recent history to invest in Arizona real estate. Home prices and mortgage rates are at the lowest points they’ve been in decades. Additionally, the large number of people who’ve recently been foreclosed on has created a vast pool of potential tenants. If you’re prepared for a long-term [...]
3 Reasons Phoenix’s Rental Market is Strong… and What it Means to Real Estate Owners and Investors
Experts and prospective tenants currently consider Phoenix, Arizona, one of the country’s best rental markets based on three reasons:
1. Would-be home buyers continue to struggle with obtaining financing, making a rental home their only option.
The lending belts have tightened significantly, making financing extremely difficult for first-time home buyers. Although some government plans [...]
Experts Offer Advice on Purchasing the Right Investment Property
Dave Zundel, co-founder of HomeLovers and real estate investor, and Noel Pulanco, broker and general manager of HomeLovers, discuss the benefits of investing in the Phoenix real estate market with Carol Blonder on KNFX’s Networking Arizona radio program.
These experts say the biggest mistake investors make is buying the wrong property. In [...]
Five Tips For Investors Thinking About Buying A Short Sale
Many beginning investors see short sales as a very inviting opportunity to jump into the real estate investment market.
They are attracted to the chance to buy low, but they don’t always realize the reality of what is happening across the nation with short sale transactions. It isn’t a simple solution for a financially distressed seller, or the path to [...]
Inman article debates rental glut in the Phoenix rental market
HomeLovers was included last week in author Steve Bergsman’s “Don’t call it a glut” article on Inman News. (No membership to Inman? You can also read the full article here.)
Bergsman took another look at a claim from one of his earlier articles, which stated that cities like Phoenix and Denver were showing signs of a single-family-home rental [...]
Investor Confidence Begins to Return to the Arizona Real Estate Market: Download HomeLovers 2010 State of the Industry Report
HomeLovers Arizona 2010 State of the Industry Report Now Available
Glendale, AZ, February 9, 2010 – HomeLovers, one of Arizona’s fastest growing Arizona real estate investing and property management companies, today announced availability of its 2010 State of the Industry Report for Arizona Real Estate Investing, which outlines recent trends and takes a look at [...]
AZ Investment Mistakes – Property Showcase Series
Investors typically head into Arizona real estate investing with one of two objectives for their portfolio - rapid cash flow on the property via rent collection, or making profit via long-term appreciation when they eventually sell the home.
But regardless of their goal and level of experience with investing, one thing remains true. There are certain mistakes [...]
AZ Investment Property Appreciation: How to Choose A Neighborhood
Many factors impact how profitable an investment property is, but nothing has a more significant hit to its long-term value than appreciation. It is the #1 way to build wealth within your portfolio.
Selecting the right neighborhood may sound simple, but experienced investors realize that it is critical to get it right. Treating this carelessly impacts [...]
HomeLovers Hits 500 Follower Milestone on Twitter
HomeLovers just exceeded the 500 follower milestone on Twitter – a big thank you to all of our fantastic followers!
If there is something you want to learn more about when it comes to real estate investing or property management, please post a blog comment or send a Twitter DM to @azhomelovers with your request or [...]
HomeLovers On Home Page of NuWire Investor
HomeLovers has landed a spot on the home page of http://nuwireinvestor.com/ – with an article on “How to avoid investor pitfalls“.
Doin’ the happy dance. Whoot, whoot!
Arizona Investor News Over The Weekend
In case you headed out of the office early on Friday and/or didn’t keep up with your Phoenix real estate RSS feed over the weekend (subscribe to ours), you might find these local articles interesting.
Phoenix Business Journal – 8/28: Foreclosure Home Sale Rates Drop As Resales Show Slight Decline
Arizona Republic – 8/28: Resales Still Robust [...]
Arizona Real Estate News Feed
Ever notice the “Google Alerts” box on the right-hand page of our blog? It is an RSS news feed with the latest residential real estate news happening in Arizona.
(What is an RSS feed? Here is a great post explaining it from one of my favorite blogs, ProBlogger by Darren Rowse.)
We monitor breaking news all over [...]
Short Sale Deals Often Collapse – How To Help Prevent It
USA Today recently ran an interesting article on how home sellers are increasingly frustrated as short sale deals collapse – often months into the deal when potential buyers walk away due to lengthy delays. Read the article here.
The author wisely points out that the banks are only part of the problem. Buyers/sellers can’t do much [...]
Bio – Dave Zundel
Meet Dave Zundel
Co-founder, Real Estate Investor
To take the model of a drastically improved property management firm from an idea to fruition, Dave Zundel and Mike Sargent partnered in early 2008 to build HomeLovers, an Arizona-based property management company that specializes in residential rental properties including purchasing and managing rental property to building and growing a [...]
Phoenix Foreclosure Sweet Spot
According to MSN, Phoenix is still one of the top three leading destinations, regardless of all the marketplace grumbling. Read the article: http://realestate.msn.com/article.aspx?cp-documentid=19873357>1=35000
In spite of all the stress in the economy, people on the move are still coming to Phoenix. This steady growth in population over time is fueling our recovery and contributing to the [...]
Bio – Mike Sargent
Meet Mike Sargent
Co-founder, Real Estate Investor
To take the model of a drastically improved property management firm from an idea to fruition, Dave Zundel and Mike Sargent partnered in early 2008 to build HomeLovers, an Arizona-based property management company that specializes in residential rental properties including purchasing and managing rental property to building and growing a [...]
Today’s HomeLovers Press Release
HomeLovers Urges Real Estate Investors to Avoid Major Pitfalls During Current Foreclosure Buying Frenzy
Investors are flocking to purchase sub-$100,000 “bargains” only to learn too late that they aren’t good investment properties
Glendale, AZ, July 20, 2009 – HomeLovers, one of Arizona’s fastest growing Arizona home rental and property management companies, today announced that second quarter home [...]
Is land a good investment In Phoenix?
An interesting article hit the Phoenix Business Journal yesterday on how investors are starting to pick up speculative land purchases at fire sale prices, now that “we know the world is not coming to an end.”
Love that quote. Anyway, it is true that the real estate market is emerging from the gloom slowly and things [...]
HomeLovers Now On Trulia
When it comes to real estate advice, there is a lot of noise in the market place about grabbing up foreclosures. In all the excitement about “the next great deal”, investors can’t forget to educate themselves on the market at a deeper level.
HomeLovers is now on Trulia – answering Arizona investor questions, property management questions, [...]
Renters Hit By Foreclosure Market: Upside-down Investment Property Options
For an interesting article in today’s Washington Independent, click here. It talks about the Phoenix market and how renters are hit by the foreclosure crisis.
As owners/investors land in a bind and either are forced into foreclosure or a short sale, they need to do the right thing when it comes to their tenants.
WHAT TO DO?
You’ve [...]
Getting a Great Deal on an Arizona Foreclosure
There is a new feeding frenzy developing in the Arizona housing market. The buzz words are auction, foreclosure, short sale, REO, etc., but the common theme is “deal”.
During the run up of 2004-2006, people were pretty much buying anything with a “for sale” sign and we all know how that story ended. Today I am [...]
Housing Demand Stabilizes
According to Business Week, recent signs point to a stablizing housing market. Read the article here.
What does HomeLover owner and real estate investor Mike Sargent have to say? “Those that wait for the bottom of the market to be obvious are acting too late.
What we are seeing in the Phoenix metropolitan area are investors [...]
