Property Management Blog

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...

There are a few things you can do to protect yourself against damage to your property. Today, we’re discussing the importance of talking to your tenants before they move in, inspections, and what kind of information you need to have on the application. Setting ExpectationsGo over every detail with the tenant when you’re revie...

From the Service Star Maintenance Director: After many seasons of working with various HVAC vendors I have seen the rise in cost on R-22 heating and cooling systems. After further research and corresponding with various companies I found this knowledgeable information. For the past four decades, the refrigerant R-22, also known as Freon, ...

Selling the property may make sense in some cases, but you may end up missing out on tax benefits. When you rent your home, you are basically using tax-free money to cover the costs of an appreciating asset. If you do your taxes the right way, you can essentially earn tax-free cash from your rental property as it appreciates. If your rent...