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, ...
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 ...
From time to time, we all have to bring a new property from one Phoenix property manager to another. If it has not happened to you yet, it will happen at some point. The biggest problem is making this transition smoothly. Unfortunately, some of these transitions happen worse than others. Earlier this year, we had an example of all th...
Do Phoenix Property Owners Need to Renovate to Successfully Rent Their Homes?
Owners who are preparing to put their properties up for rent often ask us about renovations, and whether they need to make the home picture perfect for the next tenant. The property does not have to be picture perfect. Before you invest in any renovations, think about why you’re making the upgrades. If you’re gettin...
Marijuana and Your Rental Property: What Is the Right Policy for You?
To rent or not to rent? When it comes to marijuana, that is a very serious question. While there may be benefits to renting to tenants who use medical marijuana, there are certainly many drawbacks to consider. As a Phoenix property management company, we stick to federal law. While Arizona might allow medical marijuana, the federal govern...
Property Laws & Regulations Landlords Need to Know When Renting Out a Home in the Phoenix Area
There are a number of laws and rules you have to follow when you’re renting out an income property. It’s a broad subject, and today, we’re talking about a few interesting things that need your attention. We’ll also tell you where to find this information, and how to catch up fast.Fair Housing LawsTreat everybody e...
Are you ready for the rental market of the future?
Technology continues to quickly make inroads into today's property management world. It is no longer enough to simply list your rental properties with your local MLS, Zillow and Trulia as you wait for renters to find you. Technology and the changing expectations of millennials is driving more change in Phoenix property management. Whi...
What Income Property Owners Should Look For in a Phoenix Property Management Company
<br /> There are a few signs which may tell you that it’s time to consider firing your current property manager. You can also use these signs when you’re seeking a professional management company for your rental property. Pay attention to communication, vacancy rates, fees, and credibili...
One of the things your Phoenix property management has to deal with after a tenant moves out is the security deposit. Some of the charges are clear like an uncut lawn or a stove with missing drip pans. Other problems require more work. For these charges, our property management team uses a technique known as proration.Proration looks at t...
When you have a good tenant, the first goal is to get them to stay. Finding a replacement takes time, and there is no guarantee that you will find a tenant who is just as good. While there are tenants who have to move because of financial reasons or other factors outside of their control, there are some things that your Phoenix property m...
