How to Find your First Investment Property—6 Tips
Renting out properties can be lucrative—but success is far from guaranteed.Many people want to becomelandlords because of the potential income, the security of owning assets, and the increase in value as the years go by.In order for this to be successful, however, the right properties must be selected, starting with your first investment property. Thisfirst step can feel ...
Arizona Landlord-Tenant Law: Expectations vs. Reality
Owning rental properties can be an excellent way to bring in income and provide for yourself and your family. A lot can go awry, too, however, if you enter the process without all of the information you need—especially the correct legal information. How well do you know Arizona landlord-tenant law, for instance? Unless you’re a Tucson property manager, lawyer, or a highly...
Get Your Property Rent-Ready in 10 Steps
Whether you’re looking to rent out your piece of Tucson real estate for the first time or are getting it ready for someone new, getting the best return on your investment means making sure your property is rent-ready before you list it. What does this mean? Essentially, it needs to be cleaned, repaired, and be in good enough shape to
7 Ways to Build Your Property Portfolio
While homeownership is still common, the fact is that more people are renting homes nowadays rather than purchasing them. There are numerous reasons for this shift—from the increases in the cost of living to current wages, as well as young people being apprehensive when it comes to purchasing a home in the current economy. While this may be bad news for housing developers, i...
Best Practices: Budget for Rental Home Maintenance & Repairs
There are many factors that need to be considered before deciding to rent your home. One of the considerations is the maintenance and repair of that home. A couple of things you need to know about rental property repairs: #1 Doing the Rental Property Maintenance and Repair Yourself Doesn’t Help Save Money As a landlord, you may try to handle repairs to...
Why Your Rental Property Needs a Property Manager
As an owner of rental property, there are many responsibilities you have. This can, at times, also lead to many hassles. If you are not really a hands-on landlord, too busy, or you are feeling stressed, it is a good idea to hire a property manager. A good property manager, like Bancroft & Associates can take care of important details revolving around your property. It’s ...
Its Cooler Season!
As the temperatures rise, make sure you keep some windows open….just a bit. You see, a cooler will try to blow your house up like a big balloon and the air has to go somewhere! The best test of balance is to open your front door a crack with the cooler on and see if it slams shut, if it does, you need to open another window somewhere in the house to allow the air out. If ...
Change Those Filters!
We want to keep you cool and comfortable this summer! Your lease or rental agreement with Bancroft & Associates requires you to change your air conditioner filters periodically, not just because we are neat freaks, but, because it helps your air conditioner perform better and more efficiently. How about that, cooler and cheaper at the same time. If you have a problem loca...
