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Showing posts with the label Mesa Rentals

Thinking of using rental income as a plan to retire

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Lately many of the folks I come across are thinking of and acting on having a couple of rental homes as a second source of income to their retirement income. Does that sound like you—well know you are not alone. A Harvard University recently published a report of the rental market in the United States . This study included rental-market trends over the last decade and predictions for the next ten years. One of the most surprising facts from the study is that renting a home has become a more common option for almost all types of Americans. These are some of the results found in the report: The number of renters increased for people with all levels of household incomes.  The number of renters increased for single people, couples, and parents with children.  The number of single-family houses that have been converted to rental units also increased.  Rising Rent Costs in Most Cities  This housing study also looked at America's largest rental markets. Three ou...

Rentals-- there is a new scam that Scammers are doing

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If you or someone you know is looking for rentals there is a new scam that Scammers are doing it is like this; They copy and paste legitimate listings (either for sale or for rent), and then after getting inquiries and questions, try to get victims to wire them the deposit. "They're marketing it for up to $500 less (than the original listing amount) or what the normal amount is going for in the area. A scammer will even suggest to an interested renter drive to the property and view it for themselves.  If there is a sign on the property- call the number in front of the home!!  If it is not the number you called the first time- it is a scam!!   I have just had this happen to 2 of my listing, it is getting bothersome.  One gal had even wired $500.00 to the scammer just so she could save it- without filling an application or any other procedure.    I feel bad, but there are so many warning signs- or so I think!!  The old adage is: if it sound...