Property Management Blog

When you want to know if a property you’re thinking about buying is a good deal, you need to first consider your goals. The deals you’re looking for will depend on whether you need a lot of cash flow or if you’re earning a good income and you want to focus on appreciation for your retirement later in life. As a company ...

Summer is very busy in the maintenance department here at Service Star Realty: repairs are on the rise with the AC system under duress, pool equipment running twice as long, and this can be of concern. How much do you as an investor need to budget on repairs and maintenance of your rental home? This can be one of the biggest unforeseen fa...

Other than getting tax-free money from your investment property, you have other things that you can do with the appreciated property. While the current tax law may change with the Trump administration, the long-term capital gains tax is still at 15 percent. This means that any property that has been held for more than a year will only be ...

We are often asked how to get started in real estate investing. It really depends on what you want to accomplish, and today we’re helping you take the steps you need to begin investing in rental properties. Establish Your Investment GoalsThe best way to start is by establishing your goals and setting your expectations. Some people ...

Our experience providing property management in Phoenix has shown us that it’s very important to deliver good and fast maintenance service. Be responsive to your tenants because when it’s time to renew the lease, this will be a big factor in their decision. It is expensive for you when a tenant moves, so you want to make main...

All of the fees you pay for professional property management in Phoenix are negotiable. Nothing is set in stone, and each company charges what they feel is right for their services. Today, we’re talking about how that works. Flat Fee or Percentage FeeSome management fees are flat fees, and others are a percentage of the gross month...

Tenants prefer working with a professional Phoenix property management company instead of self-managing owners. There are so many services we offer investors, and the hidden value you receive is that the best tenants are more attracted to properties managed by professional companies. There are several reasons for this. Maintenance Respon...

Communication is an important part of owning and managing rental property, and today we’re talking about what you can and should expect when it comes to communicating with your Phoenix property management company.   Set Communication Expectations EarlyCommunicating your preferences to your property manager is a good idea. It a...

A good Phoenix property management company will perform many duties for its clients, and today we are talking about three of those most essential responsibilities.Increasing RevenuesThe best way to increase your revenues is to avoid vacancy. Vacancy will kill your profits faster than anything else. You want to rent your property quickly ...

Phoenix property management includes collecting rent, and today we are talking about how to be very effective in collecting the rent on time every month. We’ll discuss late fees and the importance of consistency. Incorporate Late FeesIncorporate late fees in every lease agreement. The late fees you charge should be reasonable becau...