Property Management Blog

Nothing will set off a dispute between landlords and tenants like misunderstandings over responsibilities and expectations. As a rental property owner, you need to be sure you understand your own role in providing a safe and habitable home. You’ll also need to communicate to your tenants what you expect from them.There’s a ba...

How Has COVID Changed the Eviction Process for Phoenix Landlords?During the last year, the COVID-19 pandemic has forced property managers to evolve the way they deal with tenant interviews. Thanks to measures like the Coronavirus Aid, Relief and Economic Security (CARES) Act, property management companies and landlords have had to adjust ...

Phoenix real estate investors, like rental property owners everywhere, want to earn as much as possible in rent. Your property’s rental value impacts your cash flow, your stability, and your long term ROI. However, overpricing a home can lead to a more expensive problem: vacancy. Should you hold out for a higher rent,...

What Expenses Can a Phoenix Landlord Claim on Taxes?As tax time rolls around, it is time to review your deductions and credits. When you invest in a Phoenix rental property, you can enjoy a range of different tax mitigation strategies. Unfortunately, there are also tax consequences that you will have to pay at the end of the year as well....

What Tax Form Do I Need for My Rental Income? | Advice for the Phoenix LandlordAs a Phoenix property management company, our goal is to make managing rental properties as easy as possible. Unfortunately, the Internal Revenue Service (IRS) does not always cooperate with that goal. If you are about to file your 2020 taxes, you may receive o...

Budgeting for rental property maintenance is an important part of owning and successfully operating a rental property. When we talk to property owners about how to do this, we always highlight the several factors that can go into setting and sticking to a budget. It’s also important to understand what the tenants are responsib...

Market Update - Where Will the Market Go in 2021?  As we look ahead to 2021, we see a number of promising signs for property owners in the area. Like always, our team has been analyzing the latest data about the ongoing strength of the marketplace. Even in this time of unprecedented changes, our team has managed to keep our eviction ...

Cromford Market Update - Oct/Nov 2020 While the restaurant industry has been hit hard by COVID-19, rental properties have grown in value. Right now, the demand for homes is up 36 percent. Rental prices have increased by 17 percent since April. Since rental prices are still increasing, it is important that property owners do not get s...