Posted: April 3rd, 2012 | Author: Mike Levitin | Filed under: Housing Market, Investing, Smart Investing | Tags: all-cash purchases, existing-and new-home transactions, investment-home sales, median investment-home price, nar 2012 investment and vacation home buyers survey, rising rental income, vacation-home sales, zing property management, zing property management blog, zingpm, zingpm blog | No Comments »
NAR (National Association of Realtors) states that sales of investment and vacation homes jumped in 2011, with the combined market share rising to the highest level since 2005!
The NAR 2012 Investment and Vacation Home Buyers Survey, covered existing- and new-home transactions in 2011, showing investment-home sales surged an extraordinary 64.5 percent to 1.23 million… Continue reading
Posted: March 27th, 2012 | Author: Mike Levitin | Filed under: Investing, Property Management, Rental | Tags: 5 big mistakes rental property owners make, advice from a property manager, comparable rental rates, mike levitin, property management advice, property management tips, prospective tenants, zing property management, zing property management blog, zingpm, zingpm blog | No Comments »
Source: FrogPond.com
1. JUST LOOKING IN THE LOCAL NEWSPAPER CLASSIFIED ADS FOR A RENTAL RATE
Prospective tenants have many ways to check comparable rental rates besides the newspaper: local property managers, Realtors, the Internet listings. Property owners renting their own property need to check these sources in addition to the newspaper. Local… Continue reading
Posted: March 20th, 2012 | Author: Mike Levitin | Filed under: Property Management, Rental | Tags: how to sell a property management company, managing rental properties, mike levitin, property management company buyers, property management pitfalls, selling your property management company, we buy property management companies, zing property management, zing property management blog, zingpm, zingpm blog | No Comments »
Are you an owner/property manager or a property manager that manages properties for owners? Either way, do you often fall into these common property management mistakes that cost your business money and result in potential liability? Have you ever thought of handing it all over to someone else?
Top 10 Property Management Pitfalls
Posted: March 13th, 2012 | Author: Mike Levitin | Filed under: Housing Market, Investing, Property Management, Smart Investing | Tags: first-time investors, first-time real estate investor tips, good markets for property investors, mike levitin, property management tips, real estate investors, smart investing, tips for first-time real estate investors, zing property management, zing property management blog, zingpm, zingpm blog | No Comments »
While housing market conditions might be ripe for real estate investors, there are a few things newbies should know before taking the plunge according to U.S. News.
Low-balling offers. With prices so low and many people desperate to sell, first-time investors might be tempted to throw out a low-ball offer… Continue reading
Posted: March 7th, 2012 | Author: Mike Levitin | Filed under: Property Management, Rental | Tags: easiest places to start saving energy, energy saving tips for renters, energy star, how to be more energy efficient, mike levitin, zing property management, zing property management blog, zingpm, zingpm blog | No Comments »
Source: EnergyStar.gov
Even if you rent an apartment, townhouse, or a home, you can make a big difference, too! These tips will show you how to be more energy efficient and save energy, money, and reduce the risks of global warming. If there are things you can’t change on your own, share these… Continue reading
Posted: March 5th, 2012 | Author: Mike Levitin | Filed under: Property Management, Rental | Tags: decorating with timeless accessories, decorating your rental home, how to make your rental feel like home, how to personalize a rental space, mike levitin, tips on improving your rental property, use lighting for your rental home, zing property management, zing property management blog, zingpm, zingpm blog | No Comments »
Whether you live in a rental space or if you own your home, these tips from Myblessedlife.com are sure to inspire you to make your space feel more like home!
1. Let Your Style Shine
It’s really easy to feel like an older home or a brand… Continue reading
Posted: February 27th, 2012 | Author: Mike Levitin | Filed under: Foreclosure, Housing Market, Investing, Residential | Tags: appraisal rules for investor purchases, converting foreclosed homes into rental properties, converting properties into rentals, distressed-properties, investors soak up overhang of distressed properties, lewis ranieri research paper, mike levitin, mortgage-backed security, rent-to-own, the foreclosure-to-rental model, zing property management, zing property management blog, zingpm, zingpm blog | No Comments »
Lewis Ranieri is strongly endorsing government efforts to convert foreclosed homes into rental properties, according to an article on WSJ.com.
Ranieri, the co-inventor of the mortgage-backed security, authored a research paper with University of California economist Kenneth Rosen that lays out the case for using federal entities to support… Continue reading
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