Should My Home Be a Rental Property? 6 Things to Think About Before Deciding.
Should My Home Be a Rental Property?6 Things to Think About Before Deciding. At our Phoenix property management company, we regularly encounter homeowners who want to learn about renting out second or third properties. To make the right decision for your family, you have to look beyond the potential profits. You must consider your long-t...
What are the Six Things Phoenix Landlords Always Look for in a Rental Property Inspection?
What should you look for during an inspection?Rental property inspections serve two important functions when it comes to protecting your Phoenix investment property. First, it allows you to keep your property well-maintained. While you’re inspecting, you can look for any deferred maintenance or necessary repairs that your resid...
Guide to Phoenix Landlord vs. Tenant Responsibilities
Nothing will set off a dispute between landlords and tenants like misunderstandings over responsibilities and expectations. As a rental property owner, you need to be sure you understand your own role in providing a safe and habitable home. You’ll also need to communicate to your tenants what you expect from them.There’s a ba...
How Has COVID Changed the Eviction Process for Phoenix Landlords?
How Has COVID Changed the Eviction Process for Phoenix Landlords?During the last year, the COVID-19 pandemic has forced property managers to evolve the way they deal with tenant interviews. Thanks to measures like the Coronavirus Aid, Relief and Economic Security (CARES) Act, property management companies and landlords have had to adjust ...
What are the Risks of Holding Out for a Higher Rent?
Phoenix real estate investors, like rental property owners everywhere, want to earn as much as possible in rent. Your property’s rental value impacts your cash flow, your stability, and your long term ROI. However, overpricing a home can lead to a more expensive problem: vacancy. Should you hold out for a higher rent,...
Normal Wear and Tear vs Tenant Damage Many of our long-time readers already know that our team members go to the National Association of Residential Property Managers (NARPM) conference each year. We always return with so much additional knowledge. Our team has learned about everything from legal updates to new industry regula...
How Do 1031 Exchanges Benefit Phoenix Real Estate Investors?
One of the biggest questions on the minds of most real estate investors is: when is the right time to sell an investment property, and what is the best exit strategy?There are so many things to consider with this question, including all of the potential tax issues that come into play.Using a 1031 Exchange to Defer TaxesWhen you sell a pro...
Home Warranties: Helpful Allies or Hindering Associates?
When you work with Phoenix property management, you are able to get professional advice and support about renting out your real estate properties. One of the ways we can save our clients money is by helping you avoid home warranty companies. While they sound like a useful way to cover repair costs, the reality is that these companies will...
New Lease Procedures: A Must-Have for Inherited Tenants
When you take over the management of an occupied rental, your property manager is also taking over the current rental agreement that your tenants contracted with the previous property owner and management team. Each rental agreement has unique fees, policies and individual clauses. As a result, your Phoenix property management team ...
Is a Home Warranty on Your Phoenix Real Estate Investment Property Worth the Cost?
One of the greatest benefits of having insurance is peace of mind. It takes the worry out of an unexpected repair and reduces the financial worry of maintenance. However, not everyone believes in insurance or home warranties.What Kind of Vendors are Home Warranties Using?One consideration to keep in mind is that insurance is a multi...
Should My Home Be a Rental Property?6 Things to Think About Before Deciding. At our Phoenix property management company, we regularly encounter homeowners who want to learn about renting out second or third properties. To make the right decision for your family, you have to look beyond the potential profits. You must consider your long-t...
What should you look for during an inspection?Rental property inspections serve two important functions when it comes to protecting your Phoenix investment property. First, it allows you to keep your property well-maintained. While you’re inspecting, you can look for any deferred maintenance or necessary repairs that your resid...
Nothing will set off a dispute between landlords and tenants like misunderstandings over responsibilities and expectations. As a rental property owner, you need to be sure you understand your own role in providing a safe and habitable home. You’ll also need to communicate to your tenants what you expect from them.There’s a ba...
How Has COVID Changed the Eviction Process for Phoenix Landlords?During the last year, the COVID-19 pandemic has forced property managers to evolve the way they deal with tenant interviews. Thanks to measures like the Coronavirus Aid, Relief and Economic Security (CARES) Act, property management companies and landlords have had to adjust ...
Phoenix real estate investors, like rental property owners everywhere, want to earn as much as possible in rent. Your property’s rental value impacts your cash flow, your stability, and your long term ROI. However, overpricing a home can lead to a more expensive problem: vacancy. Should you hold out for a higher rent,...
