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All Forum Posts by: Susan Thelen

Susan Thelen has started 15 posts and replied 77 times.

Post: Looking for cash buyers in Phoenix area to connect with.

Susan ThelenPosted
  • Real Estate Agent
  • Mesa, AZ
  • Posts 87
  • Votes 39

Looking for cash buyers in Phoenix area to connect with.

Post: QOTW: What are your "hard pass" items when evaluating real estate

Susan ThelenPosted
  • Real Estate Agent
  • Mesa, AZ
  • Posts 87
  • Votes 39

No pigeon problems. I am speaking from experience. They are extremely hard to get rid of.

Post: Should I sell my investment property?

Susan ThelenPosted
  • Real Estate Agent
  • Mesa, AZ
  • Posts 87
  • Votes 39

Definitely keep it!

Post: I Need Help Finding A Title Company to Subject to

Susan ThelenPosted
  • Real Estate Agent
  • Mesa, AZ
  • Posts 87
  • Votes 39

Title Alliance, Sheri Hagemeister or Magnus Title, Monica Maldonado. If you send me a message I can send you their contact info.  

Post: I am starting out and late to the party

Susan ThelenPosted
  • Real Estate Agent
  • Mesa, AZ
  • Posts 87
  • Votes 39

Very exciting! I would try Arizona, Florida, Oklahoma. You should try to get on a Wholesalers list. Maybe also try to partner with someone to help reduce your risk. 

Post: Looking for an accountant in AZ that knows real estate

Susan ThelenPosted
  • Real Estate Agent
  • Mesa, AZ
  • Posts 87
  • Votes 39

Can anyone recommend an accountant in AZ that knows real estate, property tax laws? It would be a plus if they were invested in real estate themselves. Thank you. 

Post: Lease expired and tenant isn't leaving. What can I do?

Susan ThelenPosted
  • Real Estate Agent
  • Mesa, AZ
  • Posts 87
  • Votes 39

For ARIZONA: A tenant may be evicted for not paying rent. If a landlord wishes to evict a tenant for not paying rent that the tenant owes, the landlord must give the tenant written notice specifying that the tenant has five days to pay the rent or eviction proceedings will begin (A.R.S. § 33-1368(B)).

If you send me a message I can send you a link to a website that goes over the process. 

Post: Should I wait for 'the crash' before I buy my first property?

Susan ThelenPosted
  • Real Estate Agent
  • Mesa, AZ
  • Posts 87
  • Votes 39

We don't know if there will be a crash. You should get on a wholesalers email list to see available properties. You can get them a bit discounted. The best time to buy was "10 years ago (or in the past)." The next "best" time is now. 

Post: Starting Out: Rookie Landlord/Investor Questions!

Susan ThelenPosted
  • Real Estate Agent
  • Mesa, AZ
  • Posts 87
  • Votes 39

Good for you! 

Your interest rate is most likely locked in so it can not go up. Is your primary residence financed through your credit union? I would maybe look at all options for financing (credit union, mortgage broker and a bank). You can go to the Arizona Corporation Commission and create your own LLC. Post on Zillow to rent it. I post all my rentals on there. Be prepared to get a ton of inquiries. I use Truth Finder for a background check. When you post your rental on Zillow you can add the option for applicants to submit a background and credit check when they apply. But I would definitely do an additional background check on a 3rd party site (Truth Finder). Drive by the property every few months or so. As a landlord you have the right to enter the property with 48 hours notice. Good luck!

Post: Arizona LLC recommendations

Susan ThelenPosted
  • Real Estate Agent
  • Mesa, AZ
  • Posts 87
  • Votes 39

Just go to the Arizona Corporation Commission website and you can do it there yourself.