Property Management Blog

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...

Tuesday, July 17, 2018

Hoarders and Fair Housing
Recently, we started working for a new property in Phoenix. Previously, it had been managed by a brokerage company that did property management on the side. Unfortunately, we quickly discovered that there were some major problems at the property.    As a Phoenix property management company, we have seen some unusual situations, ...

Wednesday, July 11, 2018

Should Phoenix Landlords Hire Licensed Home Contractors for Rental Property Repairs?
Does your vendor need to be licensed? The answer is yes and no.Licensed Vendors and Your Income PropertyFirst for the yes portion. Whenever you have a repair that is critical or professional in nature, hire a licensed professional. This may be when you need an electrician or a plumber or an air conditioning technician. Those individuals ...

Tuesday, June 26, 2018

Do Phoenix Property Owners Need to Renovate to Successfully Rent Their Homes?
Owners who are preparing to put their properties up for rent often ask us about renovations, and whether they need to make the home picture perfect for the next tenant. The property does not have to be picture perfect. Before you invest in any renovations, think about why you’re making the upgrades. If you’re gettin...

Monday, June 25, 2018

Marijuana and Your Rental Property: What Is the Right Policy for You?
To rent or not to rent? When it comes to marijuana, that is a very serious question. While there may be benefits to renting to tenants who use medical marijuana, there are certainly many drawbacks to consider. As a Phoenix property management company, we stick to federal law. While Arizona might allow medical marijuana, the federal govern...

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