Paramount PMR Blog

Are you planning to sell your Phoenix investment property?The 1031 tax-deferred exchange is the legal avenue to take if you want to temporarily avoid capital gains taxes placed on your Phoenix investment property sale. Otherwise, the combination of state and federal taxes racks up a tax rate of 15% to 30%.The name of this opportunity come...

Are you planning to invest in Scottsdale, AZ properties? The Scottsdale real estate market has plenty of strong factors that make it a reliable pick for property investors. Among other things, the local real estate has a high appreciation rate and the demand for rental properties has been on the rise. Smart investing requires thorough res...

Are you looking to invest in Phoenix, Arizona real estate? Phoenix is known for its real estate investment prospects. If you are an investor interested in Phoenix properties, your experience and portfolio size don’t matter. The local real estate market is wide enough for all price points. Due diligence is essential for any investing...

Are you planning to dip your feet in rental investing? If so, it’s best to begin familiarizing yourself with the rental investing-specific terms that are constantly used. This will help you avoid getting lost in the jargon when having a conversation about investments. It’ll also make related articles easily comprehensible. If ...

A lease or rental agreement gives tenants certain rights. Some are expressly stated, while others are implied. Expressly stated rights in the lease include the rent and security deposit amount, as well as responsibilities of both the landlord and the tenant. Implied rights, on the other hand, are those that are not clearly outlined ...

To appeal to as many renters as possible, landlords typically paint their rentals using neutral colors. Examples of neutral colors include white, gray and black. These are sometimes called “earth tones.”That said, some tenants usually find neutral colors off-putting. They may want to paint their preferred colors to help person...

First and foremost, attracting long-term, reliable tenants isn’t easy. However, it isn’t exactly rocket science! As a landlord, the tenant you attract to your rental property can make or break your investment. A good tenant will guarantee peace of mind, less maintenance and a consistent stream of passive income. Cont...

The Fair Housing Act was passed in 1968, just a week after the assassination of Martin Luther King, Jr. It was meant to address the decades-long discrimination that existed in regards to homeownership and rental agreements. The Act prohibited discrimination based on race, color, religion and national origin. It was then amended in 19...

What's the defining characteristic of a good landlord? While there are many, there's one characteristic that stands out in particular: a good landlord is accommodating. Landlords who are flexible more easily acquire and retain long-term tenants. As landlords know, long-term tenants are hard to find. For landlords who want lon...

Any and every business venture is full of opportunities as well as challenges.The rental industry is one of the largest growing industries. With every passing year, people are getting more accustomed to renting spaces rather than building their own houses. Renting a property to the right tenant is not always easy. It takes proper pla...