Mesa Property Management Blog

8 Steps To Take Now To Prepare To Buy a Home in 2021

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Is 2021 the year you become a homeowner? Or make that long-overdue trade up to a larger home that fits your growing family? Buying a home is the largest financial transaction and the largest asset most Americans ever own. It’s usually a long, tedious journey with plenty of twists, turns, and delays along the way—which means y...

How to Invest in Real Estate With a Self-Directed IRA

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Disclaimer: This is designed to provide general information regarding the subject matter covered. It is not intended to serve as legal, tax, or other financial advice related to individual situations. Consult with your own attorney, CPA, and/or other advisors regarding your specific situation.IRAs allow you to make tax-deferred investment...

How Much Profit Should You Make on a Rental Property?

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Real estate will likely be one of the largest investments in your portfolio. High risk can lead to high reward—but only if you put in the time and research to understand your market and the numbers behind your investment. Good investments require analysis, and you should have a solid understanding going into any real estate deal of ...

Valley housing market to remain one of nation's hottest in 2021, report shows

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The Phoenix area is set to see a surge in home sales in 2021, with prices continuing to rise more than the national average. That’s according to Realtor.com’s 2021 Housing Forecast, which predicted home sales in the Valley next year to jump 11.4% over 2020 levels, the 11th-largest expected increase among the top 100 metros in...

Mortgage rates fall to record new low as home sales begin to sputter

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The average rate for a 30-year, fixed-rate mortgage fell to 2.71%, the lowest number ever recorded by Freddie Mac's weekly survey of rates, which dates back to 1971The average rate for a 30-year, fixed-rate mortgage once again hit a new all-time low, clocking in at 2.71 percent, according to data released Thursday by Freddie Mac. But ...

3 Ways to Succeed in a Real Estate Bubble

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Many experts contest we’re experiencing a housing bubble. We all know what comes next—we just don’t know when. So, let’s do a deep dive to really understand the fundamentals of success in any kind of market.1. Establish Structure & Policies Number one, you are running a business. I don't care if you're...

2021 Conforming Loan Limit Increase

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The Federal Housing Finance Administration (FHFA) today announced increased conforming loan limits for 2021. The increase to $548,250 is up 7.5% from the previous limit of $510,400 set for 2020.This increase offers expanded real estate power for Americans by allowing them to purchase more home without having to venture into jumbo loan ter...

Why Rental Properties Are a Great Investment in 2021

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There’s no doubt that 2020 was a tough year for many investors in just about every sector, but with the uncertainty of the election behind us and in light of the news of numerous vaccines on the way, there’s a renewed sense of optimism out there. I know I am very excited about the opportunities 2021 will bring. Here’s th...

Renting Out a Property with a Pool

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Thinking about renting out your house and its luxurious private pool? A pool adds tons of value to a rental property but comes with significant costs and liability considerations. Make sure you know the risks in addition to the rewards of renting out a property with a pool. Liability and Risk Pools pose a lot of health and safety hazards...

Single-family rental market to be undersupplied over next decade, report says

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An expected 700,000 single-family units designed for the rental market are expected to be built nationwide over the next 10 years, but that's still not enough to keep up with the growing demand, according to a study conducted by RCLCO Real Estate Advisors.This growing niche of single-family rental units are a hybrid between traditiona...

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