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Landlord and Tenant Rights - What are the consequences? | Part Two
{{ post.title }} Are you familiar with the facets of the Arizona Residential Landlord Tenant Act?  Do you know what is and is not outlined in your lease?  What if something goes wrong?  A dedicated property management company will be able to help you navigate the intricacies of the industry and help you steer clear of avoidable consequences...
Landlord and Tenant Rights - What are the consequences? | Part One
{{ post.title }} Even with the best tenant screening, you may eventually end up with a problem tenant. When this happens, you are legally bound to uphold certain tenant rights. A top Phoenix property management company knows how to follow the rules when dealing with difficult tenants, so it is important to ask the experts for help when you have an issue. ...
Yearly Operating Budget for Your Property
{{ post.title }} Have you ever heard of a successful business that did not have a yearly operating budget? A budget compared to the actual monthly income and expenses tells us if we are achieving our financial goal. As with any normal operation, the budget needs to be reviewed frequently and adjusted during the year. Without tracking and measuring your p...
Guide to Phoenix Landlord vs. Tenant Responsibilities
{{ post.title }} 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...
What are the Risks of Holding Out for a Higher Rent?
{{ post.title }} 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,...
What Tax Form Do I Need for My Rental Income? | Advice for the Phoenix Landlord
{{ post.title }} What Tax Form Do I Need for My Rental Income? | Advice for the Phoenix LandlordAs a Phoenix property management company, our goal is to make managing rental properties as easy as possible. Unfortunately, the Internal Revenue Service (IRS) does not always cooperate with that goal. If you are about to file your 2020 taxes, you may receive o...
Budgeting For Your Phoenix Rental Property's Maintenance & Repairs
{{ post.title }} Budgeting for rental property maintenance is an important part of owning and successfully operating a rental property. When we talk to property owners about how to do this, we always highlight the several factors that can go into setting and sticking to a budget. It’s also important to understand what the tenants are responsib...
Budgeting for Investment Property Hidden Costs | Expecting the Unexpected
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Should I Own My Phoenix Investment Property under a Limited Liability Company?
{{ post.title }} The best way to protect yourself when you buy Phoenix investment property is by owning it through a Limited Liability Company, or an LLC. Even if you have the property in a family trust, you want to have it in an LLC before you but it into the trust.Today, we’re explaining how that helps you as a landlord and an investor.Protect Yo...
Reconstructing Your Records After a Disaster | Advice from a Phoenix Property Management Company
How do I recreate my records after a disaster? Wildfire season has only begun, and it has already devastated many states. While most of our owners are fortunate and never have a major problem with their properties, this is not always the case. At our Phoenix property management company, we have seen several homes burn down from disasters...

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