Why Pet Screening Is Always a Good Idea
It seems everywhere we go nowadays, we see people bringing along their pets. It is no wonder then that the demand for pet-friendly rental homes has skyrocketed. If you are a full-time landlord, it would be profitable to welcome tenants with pets. Remaining flexible and practicing an open pet policy can increase your rental earning.W...
How to Transition from Part-Time to Full-Time Landlord
In the beginning, you may have decided to become a part-time landlord to gauge how you liked it. You may now want to shift from being a part-time to being a full-time landlord. Check out this article to find out how to make the transition.What are the Pros of Being a Full-Time Landlord?Not everybody is comfortable handling the responsibi...
How to Handle the Sale of a Tenant-Occupied Rental Investment in Phoenix, AZ
The Phoenix rental market is a thriving seller’s market, and you might want to sell your rental property for several reasons. However, handling the sale of the property can be tricky and awkward when your renters are still residing there.At Service Star Realty, we have over 60 years of combined experience during which we have helped...
How to Minimize High Tenant Turnover in Your Phoenix Rental Property
Tenant turnover is a problem for Phoenix real estate investors because it’s expensive, especially now, when the costs of maintenance and materials are so high. Lowering your tenant turnover will maximize your ROI and help you avoid vacancies.To keep that turnover rate low, it’s important to ensure your best Phoenix tenants are...
Top Tenant Complaints and How to Solve Them
When you own a rental property, it is your responsibility to ensure that your tenants are comfortable in their dwelling space. As a landlord, you need to maintain a good relationship with your tenants because they are the major source of your income for the long-term. Keeping your tenants happy and satisfied should be among your top...
Residents Benefits Package: What Is It and How Does It Benefit Phoenix Property Owners
The Residents Benefits Package is a comprehensive set of added services designed to offer an enhanced rental experience for your tenants and a simplified Phoenix property management experience for landlords. For tenants, it can be a good way to build a better future, improve their credit history, add funds toward future closing costs, and...
Should I Rent My House Furnished?
Whether or not to furnish a property is a choice each landlord must make, given that furnishing a rental house would need time, additional work, and money.Offering a furnished or partially furnished rental home has several advantages, including higher rent, but there are also some drawbacks. Some tenants prefer a furnished unit so t...
How to Advertise Your Phoenix Rental Property Successfully
Your goal as a Phoenix rental property owner is to maximize the earnings from your real estate investment. You want to prioritize landing a top-quality tenant to achieve this. When there are no tenants in your property, this causes extra expenses with no income. It is vital to take action right away and advertise your rental home.Ev...
Quick Guide to Effective Tenant Screening in Phoenix
While it may appear that you are saving time when you skip tenant screening, in the long run, this is not advisable. Screening the renters in your Phoenix rental home is critical if you want fewer problems and more protection for your rental. This is the stage where you assess if the applicant is suitable as a tenant.It is important to k...
How Proper Paperwork and Rental Agreements Protect You and Your Phoenix Investment Property
As in every other industry, documentation is the mainstay of the rental business. Documents are the trusted pieces of evidence that play a significant role in securing your investment in case of any dispute. They prove that any communication between the landlord and the tenant was clearly conveyed and left no scope for misunderstandings o...