What Should I Do If My House Won't Sell?
If you’re struggling to sell your property you are not alone! There are many factors that contribute to selling a house and it can be confusing trying to balance them all. Many factors can affect the sale of a property, from pricing to marketing strategies to the overall state of the housing market. While it's easy to feel discouraged and overwhelmed, there are several strategies you can follow to increase your chances of selling your house while still getting the best price possible. No matter your current situation, at Paramount Real Estate,…
Pros and Cons of Living in Tempe, AZ
Tempe is a city in Maricopa County with a lively yet laid-back vibe that makes it a great place to call home. You'll find great food, a wide range of outdoor activities, friendly communities, Arizona State University, and a vibrant arts scene in Tempe. This small but charming town is fast-growing with a thriving business community that attracts many young people and families. Tempe is a short drive from the Phoenix area. If you're considering relocating to Tempe, Arizona, that's a great idea! There are many advantages of living in t…
Can you Sell a Property Occupied by a Tenant?
As a property owner, you may be looking to sell your rental unit. Generally, the ideal time to sell your real estate investment is when the property is vacant. But, if, for whatever reason, you want to sell it immediately and your rental is occupied, you do have a few options. In this post, the team at Paramount Management & Realty will provide you with an overview of the options available to you and how you can make the process as easy as possible for every party involved. The Complexity of Selling an Occupied Space More often than not, wh…
How to Keep Renters Happy
Keeping your tenants happy is crucial for a successful investment. Happy tenants will pay their rent on time, care for your property and come to you whenever there's an issue. They are also more likely to stay in your property long-term - and long-term tenants are ideal because you won't face vacancies! In this post, we put together a list of ways you can keep your tenants happy. Keep on reading! 1. Become a Responsible Landlord Being a hospitable and cooperative landlord will increase the likelihood that your tenants stay happy. Make it easy …
Pricing Your Phoenix Home to Rent
First and foremost, congratulations on becoming a landlord! We know this journey isn’t an easy one. If you did everything well, you’ve now set yourself up to earn solid monthly income for many years to come. But there is one thing that may be standing in your way! The rental price. You need to charge the right rent in order for your investment to be profitable. How much you rent your property for can make or break your investment. When setting the rental amount, you must find the right balance that ensures you don’t underprice or overprice yo…