Property Management Blog

Thursday, October 31, 2019

Normal Wear and Tear Versus Tenant Damage
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...

Friday, September 6, 2019

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...

Friday, July 26, 2019

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...

Tuesday, May 28, 2019

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 ...

Friday, April 12, 2019

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...

Friday, March 8, 2019

Phoenix Professional Property Management vs. Self-Management
 When you have an investment property, are you going to hire a professional property manager or do it yourself? We talk to over 100 self-managing owners every year, and they usually reach out when they’ve run into a problem. We do our best to point them in the right direction, but the problem is usually one that’s cr...

Tuesday, October 30, 2018

There Is a Shift in the Rental Market
Part of the slow down at the moment is the holidays. Fewer renters want to move right before the holidays, so homes tend to be harder to rent during this time. Once January begins, the same properties suddenly receive a lot of applicants.    While the holidays are a factor, there is also a small tapering off the rental prices co...

Tuesday, September 18, 2018

Which is Better for Phoenix Property Owners – Getting the Highest Rent or the Most Income?
All owners want to earn the highest rent possible. However, the highest rent doesn’t necessarily equate to the most income per year. Many owners will come to us with a certain figure in mind that reflects what they think their house is worth. Maybe someone down the street rented their home for a certain amount, and the owner we&rsq...

Wednesday, August 15, 2018

Top 4 Things Renters Dislike
The Top 4 Things That Renters DislikeWhether you are renting a simple studio or a small villa, there are common frustrations that will keep a renter from picking your property. Broken appliances, old fixtures and hideous walls are just a few of the common issues. Renters hate finding a rental unit with dirty exteriors and old flooring bec...

Wednesday, July 25, 2018

What Can Phoenix Landlords Do When Tenants Break HOA Rules?
We receive a lot of questions regarding HOA violations. Today, we’re explaining the three things you need to remember when you have a tenant who receives a notice from the HOA. Provide the Tenant with Homeowners Association RulesStart by making the tenant responsible in your lease agreement for obtaining the rules from the HO...

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