Property Management Blog

House vs. Condo: Which Is the Better Real Estate Investment for You?Real estate investors often face difficult decisions when trying to decide if it’s better to buy a single-family home or a condominium (multi-family home).This article looks at the risks and opportunities of both types of homes to help you identify which type of pr...

Landlord-tenant law is complex and varies from state to state. Even though the law is complicated, there are several ways to avoid getting sued by tenants. If you own a rental property, you need to know what you can and cannot do in order to avoid getting sued.In this blog, we’ll go over the most common reasons why landlords get sue...

Should My Home Be a Rental Property?6 Things to Think About Before Deciding. At our Phoenix property management company, we regularly encounter homeowners who want to learn about renting out second or third properties. To make the right decision for your family, you have to look beyond the potential profits. You must consider your long-t...

Investing in a Phoenix rental property can be risky, and a lot of the landlords and owners we talk to are concerned about tenant damage. Protecting your investment from damage is important to your cash flow and the value of your asset. Several things will help you avoid excessive damage or deterioration that goes beyond wear and tea...

When the market is hot and on the rise, many people think it’s time to sell their rental investment. But there are better options to consider before you go ahead and place it on the market.Start by reviewing your investment goals. If this property no longer fits into your strategy as a Phoenix real estate investor, it may be time t...

If you’ve ever thought about firing your Phoenix property manager, it’s probably for one of these reasons: Terrible or non-existent communication. Abysmal marketing which leads to long vacancies. Poor response to maintenance issues.At Service Star Realty, we work with a lot of rental property owners and investo...

Successful real estate investors are thinking about both the long term and the short term. When you’re working to scale your residential real estate portfolio, you need to focus on smart growth that you’re your financial goals. With established investment goals and a clear strategy for achieving those goals, growing your port...

A rigorous resident screening process can help you avoid difficult tenants, but the way a person appears on paper can often be different from who they become in real life when you’re interacting on a regular basis.Problem renters cause a lot of issues, and it can be hard not to get emotionally involved. They’ll pay late, they...

What should you look for during an inspection?Rental property inspections serve two important functions when it comes to protecting your Phoenix investment property. First, it allows you to keep your property well-maintained. While you’re inspecting, you can look for any deferred maintenance or necessary repairs that your resid...

Phoenix is a unique rental market. While long term leases are typically the best option for investors, this is a tourist-friendly area with a lot of people who come and go for a period of days, weeks, or months. Short term rentals can be a benefit when you’re trying to reach vacationers or business travelers. However, as we’v...