Posted: February 20th, 2012 | Author: Mike Levitin | Filed under: Housing Market, Property Management, Rental | Tags: how to find qualified tenants, investment properties, mike levitin, out of state investor owners, property management, property management advice, property management services, property management tips, property repairs, rental income, signs that you need a property manager, zing property management blog, zing property managemtn, zingpm, zingpm blog | No Comments »
Zing Property Management has been providing property management services for hundreds of out of state investor owners. Our property management services include:
- Finding qualified tenants for the properties we manage;
- Handling repairs and maintenance for vacant and occupied investment properties;
- Collecting rental monies from our residential and commercial tenants;
- Providing
Posted: February 13th, 2012 | Author: Mike Levitin | Filed under: Foreclosure, Housing Market | Tags: foreclosure settlement, foreclosure settlement AND the housing market, foreclosure-settlement-housing-market, mike levitin, zing property management, zing property management blog, zingpm, zingpm blog | No Comments »
Excerpts from an article posted on Forbes.com titled How The $25 Billion Foreclosure Settlement Will Really Affect The Housing Market:
The Department of Justice announced that its 16 month-long investigation into bank-related foreclosure abuses, following the robo-signing debacle of fall 2010, has culminated in a $25 billion mortgage relief plan aimed… Continue reading
Posted: February 7th, 2012 | Author: Mike Levitin | Filed under: Housing Market, Rental | Tags: advice from a property manager, american dream definition, american dream vs reality, demand for rental properties, managing rental properties, property management advice, property management tips, real estate agents and rentals, rental boom, rental market, rental properties, what is the median rent, zing property management, zing property management blog, zingpm, zingpm blog | 1 Comment »
Buying a house will still always be the American dream, but rentals are the American reality right now,” said Phillip Lee, co-founder and CEO of Seattle-based rental startup RentMatch. Lee spoke at a panel called “Innovation in the Rental Market.”
“Though the commission is lower with rentals, the average transaction frequency is… Continue reading
Posted: January 31st, 2012 | Author: Mike Levitin | Filed under: Uncategorized | Tags: good markets for property investors, house flippers, investment homes, investment properties, investors, investors AND existing home sales, investors help with oversupply of housing, markets for property investors, mike levitin, property investment advice, real estate investment, real estate investors, zing property management, zing property management blog, zingpm, zingpm blog | No Comments »
Back in the boom days, investor was considered a bad word because flippers helped pump up new home demand. Their propensity to buy the cheapest homes available and their short-term horizons were seen as a downside. Many argue even today that these homes are considered shadow inventory, waiting to reenter the market
Posted: January 23rd, 2012 | Author: Mike Levitin | Filed under: Uncategorized | Tags: advice from a property manager, foreign investors in property, housing industry, housing market, investment properties, mike levitin, property investment 2012, property investment advice, real estate investment, real estate market, rental market, u.s. top property investment pick, united states top choice for real estate investment, where to invest in property, zing property management, zing property management blog, zingpm, zingpm blog | No Comments »
The United States will remain the top choice of most global commercial real estate investors in 2012 according to Reuters.
While the United States offers the most stable and secure option in commercial real estate, investors said improvement in rent and occupancy growth and the repeal of a 1980 foreign… Continue reading
Posted: January 19th, 2012 | Author: Mike Levitin | Filed under: Uncategorized | Tags: 10 reasons to buy a home, 10 reasons to by real estate, 2012 real estate market, best markets for buying a home, historically low interest rates, housing crisis to end, how to capitalize on long-term fixed mortgage rates, mike levitin, mortgage rates decline, real estate market, real estate market 2012, zing property management, zing property management blog, zingpm, zingpm blog | No Comments »
If you are a looking to perfectly time a long-term purchase of real estate, then this might well be the year to do it.
Top 10 reasons from PropertyManager.com why you should be optimistic about the real estate market in 2012.
1.According to Case Shiller in 2012, 372 of the 384 real estate markets… Continue reading
Posted: January 16th, 2012 | Author: Mike Levitin | Filed under: Uncategorized | Tags: 2012 rental housing trends, advertising rental properties online, housing industry, housing market, how to advertise rental property, how to fill rental property vacancies, mike levitin, rental housing marketing trends for 2012, rental market, texas housing market, using social media to market rental property, vacancy rates in texas, zing property management, zing property management blog, zingpm, zingpm blog | No Comments »
According to PropertyManager.com, the year 2011 will go down in history as the year when the rental housing markets began to tip in favor of owners and landlords. In many areas in the U.S. like Los Angeles, Dallas, Phoenix, Chicago and Miami, the vacancy rates lowered compared to 2010.
Other areas like… Continue reading
Posted: January 9th, 2012 | Author: Mike Levitin | Filed under: Uncategorized | Tags: foreclosed homes, foreclosure filings, foreclosure processing delays, foreclosures restarting, late-stage delinquencies, mike levitin, new wave of foreclosures, pilot program to sell government-owned foreclosures, selling foreclosures to investors as rentals, zing property management, zing property management blog, zingpm, zingpm blog | No Comments »
According to CNBC, the Obama administration, in conjunction with federal regulators and led by the overseer of Fannie Mae and Freddie Mac, is very close to announcing a pilot program to sell government-owned foreclosures in bulk to investors as rentals, according to administration officials.
The article goes on to state, the foreclosure… Continue reading
Posted: January 3rd, 2012 | Author: Mike Levitin | Filed under: Uncategorized | Tags: anti-flipping rule, fannie mae, fha funding flips, fha loans, foreclosed homes, foreclosures, freddie mac, housing crisis, housing downturn, housing industry, housing market, housing meltdown, investment homes, investment properties, real estate investment, rehab homes, rehabbed homes, texas housing market, waiting period for resales waived, zing property management, zing property management blog, zingpm, zingpm blog | No Comments »
FHA instituted the anti-flipping rule in 2003 to protect its mutual mortgage insurance program from losses on homes that were merely flipped, rather than rehabbed. Homes repossessed by Fannie Mae, Freddie Mac, and state- and federally chartered financial institutions were exempt from the rule.
In February 2010, the Obama administration waived the waiting
Posted: December 27th, 2011 | Author: Mike Levitin | Filed under: Property Management, Residential | Tags: advice from a property manager, making repairs to rental property, managing rental properties, mike levitin, outstanding maintenance issues, property maintenance issues, property management, property management advice, property management tips, rental repairs, tips on improving your rental property, zing property management, zing property management blog, zingpm, zingpm blog | No Comments »
Always ask residents if something needs fixing!
When I first started in the property management industry, someone told me to always ask my residents if there was anything that needed fixing. Now, at the time, I thought that was kind of odd. Why would we ask if there was something WRONG with our rental… Continue reading
