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Property Management Blog

Monday, December 10, 2018

The Best Tips for Making Money in Real Estate
Obviously, your first goal with any investment property is to earn money. You want your investment to cover the cost of repairs and insurance, and hopefully, your investment brings in a steady income stream as well. There are a few simple ways that you can prepare yourself to make sure that your investment earns the income you need. You n...

Wednesday, November 14, 2018

Developing Passive Rental Income for When You Retire
 Looks can be deceiving. One of my neighbors always has the nicest gadgets, latest cars and best vacations. He earns an above-average income, so his family lives a comfortable life. Until the topic of retirement came up the other day, I never realized that his comfortable lifestyle was due to a lack of savings.    The crazy...

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...

Tuesday, September 4, 2018

Fair Housing
Why Is It So Important for a Property Manager to Understand and Tell Clients About Fair Housing Regulations?    As Phoenix property management company, understanding Fair Housing laws is important. All licensed real estate professionals must understand these legal requirements and inform clients about them. This is especially im...

Wednesday, August 15, 2018

Top 4 Things Renters Hate
The Top 4 Things That Renters HateWhether 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 becaus...

Wednesday, August 1, 2018

When Should You Start Advertising a Property?
When Should You Start Advertising a Property?Phoenix property management companies approach listings in different ways. One property manager might list a property as soon as possible. For another property management team, the preferred approach is to wait until the property is vacant, turned over to show ready condition. Start Ads Ri...

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 ...

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