Property Management Blog

The Phoenix rental market is a thriving seller’s market, and you might want to sell your rental property for several reasons. However, handling the sale of the property can be tricky and awkward when your renters are still residing there.At Service Star Realty, we have over 60 years of combined experience during which we have helped...

Tenant turnover is a problem for Phoenix real estate investors because it’s expensive, especially now, when the costs of maintenance and materials are so high. Lowering your tenant turnover will maximize your ROI and help you avoid vacancies.To keep that turnover rate low, it’s important to ensure your best Phoenix tenants are...

When you own a rental property, it is your responsibility to ensure that your tenants are comfortable in their dwelling space. As a landlord, you need to maintain a good relationship with your tenants because they are the major source of your income for the long-term. Keeping your tenants happy and satisfied should be among your top ...

The Residents Benefits Package is a comprehensive set of added services designed to offer an enhanced rental experience for your tenants and a simplified Phoenix property management experience for landlords. For tenants, it can be a good way to build a better future, improve their credit history, add funds toward future closing costs, and...

Whether or not to furnish a property is a choice each landlord must make, given that furnishing a rental house would need time, additional work, and money.Offering a furnished or partially furnished rental home has several advantages, including higher rent, but there are also some drawbacks. Some tenants prefer a furnished unit so th...

Your goal as a Phoenix rental property owner is to maximize the earnings from your real estate investment. You want to prioritize landing a top-quality tenant to achieve this. When there are no tenants in your property, this causes extra expenses with no income. It is vital to take action right away and advertise your rental home.Ev...

While it may appear that you are saving time when you skip tenant screening, in the long run, this is not advisable. Screening the renters in your Phoenix rental home is critical if you want fewer problems and more protection for your rental. This is the stage where you assess if the applicant is suitable as a tenant.It is important to kn...

As in every other industry, documentation is the mainstay of the rental business. Documents are the trusted pieces of evidence that play a significant role in securing your investment in case of any dispute. They prove that any communication between the landlord and the tenant was clearly conveyed and left no scope for misunderstandings o...

No matter how attractive your rental home is, the time comes when it will gradually reflect wear and tear. A way to address this is by performing property renovations. Competitors with modern units will pop up in your neighborhood. You encourage lease renewals by building value through regular upgrades. Frequent updates also help ca...

Do you want to earn a passive income by investing in rental property? If you do, property rentals can be a great option for you. If you can put in a little time and effort at the beginning, a house you already own can become a way to make passive income and increase your savings. Phoenix has a great rental market. The city is growing...