All Forum Posts by: Lori Fentem

@Dareen Allie I started investing earlier this year and have purchased two townhomes in Phoenix. I checked the CC&Rs before purchasing and ensure that they allowed for LTR. I try to attend the virtual board meetings for the one I have held a little longer so I can meet the resident run board and make everyone comfortable that I am a responsible landlord. I offered to share my leases with the HOA as the CC&R requires and neither HOA felt it was needed and did not seem phased at all that I was leasing. Both units are rented and have appreciated quite nicely in the short time that I have had them.

I had good experiences with R&R Everclear.   I believe they support the full valley.    

I just hired Brewer & Stratton PM in Phoenix.  All the PMs I researched had some bad reviews but so far its been ok.   A few disconnects in communication but nothing terrible.       

I would love to learn who you are using in Phoenix. I am in need of a good property management company here for a few SFHs.

Thank you,

Lori

Was this for a SFH or MF? All my experience is with SF and the appraisers are in high demand right now and lots of issues with best practices and timing. I have paid more for appraisals but only for large custom SFH. I agree that this price sounds high for desktop and that it "should" be disclosed up front.

I am looking for property management referrals in Central Phoenix as well for a SFH.

Thx, Lori

Low inventory means many potential purchasers cant buy. Sales prices are sky rocketing and many sellers have multiple cash options to consider leaving a leveraged home buyer without any success so more are renting. I would be interested in data on YoY rental rates for SFH versus MF.