13 Keys Of Rental Success

13 Keys Of Rental Success

Successful rental owners follow these guidelines to ensure the success of their rental, and maximize their owning experience. 1. Treat your rental property like a business… because it is a business! 2. Have a financial reserve set aside for the “unexpected.” Placing...
Tax Season Tips for Landlords

Tax Season Tips for Landlords

As a rental property owner, you should know your federal tax responsibilities and file your income tax return on time. Landlords are required to report all taxable rental income to the IRS. According to the IRS, rental income refers to any payment you receive for the...
7 Best Renovations for Your Rental Property

7 Best Renovations for Your Rental Property

Every successful landlord knows that vacancies are bad for their bottom line. When your property is vacant, it means you’ve gained zero income at the end of that month. So, knowing how to find and retain tenants is an essential skill for landlords to master. But how...
Pricing Your Phoenix Home to Rent

Pricing Your Phoenix Home to Rent

Before welcoming a tenant to your Phoenix rental home, you need to ensure you have the right rental rate. Setting the right rate is essential, and there are many factors that could influence the property owner’s decision on which rate to set. The right rent value...
How to Maintain Your Rental Property

How to Maintain Your Rental Property

Property maintenance is essential in keeping your real estate investment competitive in the rental property market. Maintenance not only keeps your property in great condition, but it is vital in attracting the best prospective tenants. Maintaining the property also...
Arizona Fair Housing Act: an Overview

Arizona Fair Housing Act: an Overview

When renting out a property, you have to understand the Fair Housing Act and all other landlord-tenant laws. The Fair Housing laws guarantee every American citizen the right to equal and fair treatment, avoiding housing discrimination by housing providers and the...
Reasons to Invest in Phoenix Real Estate

Reasons to Invest in Phoenix Real Estate

Real estate professionals believe that Phoenix will be one of the most lucrative markets in the country in the coming years. Anyone who has ever lived in this city would understand why. Phoenix has a wide variety of outdoor activities to partake in. From hikes and...
Best Areas to Invest in Phoenix

Best Areas to Invest in Phoenix

People choose to invest in Phoenix real estate with the intention to build wealth and receive regular cash flow. Phoenix Arizona, the USA’s fifth-most populous city is a prime location for investors looking to build their investment into a profitable venture over...
A Guide to the Eviction Process in Phoenix AZ

A Guide to the Eviction Process in Phoenix AZ

When a tenant signs a lease, they agree to abide by the terms of this agreement. An example could be paying rent on time, taking care of the unit, and abiding by all rental agreement policies. But this does not always happen. A tenant may, for instance, go against...
Arizona Security Deposit Laws

Arizona Security Deposit Laws

Landlords have the right to ask for a security deposit from their tenants under Arizona landlord-tenant laws and it’s an important part of getting your property rent ready. Security deposits act as a safety net, ensuring Arizona landlords are compensated for any...
Renting vs. Buying a Property

Renting vs. Buying a Property

Choosing whether to rent or buy a property such as a home or condo can be a difficult decision. The decision is tied up in a variety of factors from your credit score to the amount of time you plan on staying in the property. We’ll help you sort out the aspects of the...
How to Keep Your Rental Properties Pest-Free

How to Keep Your Rental Properties Pest-Free

No one likes to find pests in their home. Whether it’s spiders, scorpions, rodents, insects, or any other creature, they invade a space, disrupt tenants, and decrease the value of your property. They can also cost your property a lot in damages if you don’t fix the...
What Should I Include in My Lease Agreement?

What Should I Include in My Lease Agreement?

The lease agreement is often the most important piece of paper throughout the entire rental process. It is essential to include many aspects in your lease agreement to ensure that you can hold tenants legally responsible for following the agreement. Though you may be...
Best Practices to Maintain Property Appeal

Best Practices to Maintain Property Appeal

Every day your rental property is vacant, you’re losing potential rental income. The best way to attract new tenants is to make sure your property maintains a new, clean look. Here are a few ways to help your property stand out. Curb Appeal First impressions can make...
Top Reasons Why DIY Landlords Burn Out

Top Reasons Why DIY Landlords Burn Out

  Are you ready to get started with your new property management job? DIY landlords are often ambitious, but many do not realize how stressful and challenging it can be to manage properties. Being a landlord is not as easy as other people make it out to be, and it can...
Do You Really Need A Property Management Company

Do You Really Need A Property Management Company

If you own rental property, how often do you find yourself overwhelmed? Dealing with tenants, stressing about rent payments, and struggling to keep up with maintenance can cause many property owners to search for help. Hiring a property management company is the best...
Best Ways to Solve Tenant Complaints

Best Ways to Solve Tenant Complaints

The best way to resolve tenant complaints is to deal with them head on and to not let the cut deepen. It is also important to allow the tenant to explain their complaint fully and in detail, honestly assess how the complaint came to be, and find a win-win situation if...
What is the Renters Liability Insurance?

What is the Renters Liability Insurance?

When it comes to protecting your assets and possessions, it pays to obtain liability insurance. Quite often renters are under the misconception that living in a property means they are covered by the landlord’s insurance. While the landlord’s insurance does apply to...
Steps Needed to Prepare Your Property for Rent

Steps Needed to Prepare Your Property for Rent

Renting a home, condominium, or an apartment can be a lucrative method of earning a passive income. However, you will still need to prepare the property for rent. Today, there are about 40 million renters living in the US. As the cost of owning the first home...
How to Get Your Tough-To-Rent Property Noticed

How to Get Your Tough-To-Rent Property Noticed

A rental property that remains vacant for an extended time is like an itch that’s just beyond your reach. It keeps irritating you yet you can’t quite get at it. Every extra day your rental stays empty represents money that you have lost. Landlords, therefore, need to...
Investing in Rental Property for Beginners

Investing in Rental Property for Beginners

From the very first day on your very first job, you will earn money. Most people choose to go to work for many reasons including the need to make sure they have a roof over their heads and food in their mouths. Many people are also pleasantly surprised to discover...
Rental Property Inspection Laws

Rental Property Inspection Laws

Rental property inspection laws are a pain, that’s for sure. But, they are incredibly crucial and useful since they allow you to identify any problems with the property before a move in and after a move-out. As a rental property owner, you must understand that there...
The Definition of Normal Wear and Tear

The Definition of Normal Wear and Tear

A real estate investor never gets amused seeing their property depreciate. Unfortunately, property investments keep depreciating day by day to the extent that if the property isn’t maintained and repaired constantly by a professional, it could lose its value....
Obstacles to Success for DIY Property Managers

Obstacles to Success for DIY Property Managers

Property management in Tempe should be a snap for those acting as DIY property managers, but unfortunately, that is not always the case. Aside from structural issues resulting from weather events or aging properties in need of expensive repairs, other issues may...
Low-Demand Landscaping Ideas Save Time

Low-Demand Landscaping Ideas Save Time

Although the landscape of your rental property is important in making a positive first impression, it’s often not something landlords want to spend a lot of time maintaining. Here are some ideas for low-maintenance yet attractive landscaping options. Consider...
5 Tips for Finding a Pet-Friendly Apartment

5 Tips for Finding a Pet-Friendly Apartment

It is estimated that up to 72 percent of renters have pets. Unfortunately, many landlords are reluctant to allow dogs or cats, which can make it challenging to find the perfect rental that will welcome both you and your beloved furry companion. The following tips will...
4 Marketing Tips For Filling Vacancies

4 Marketing Tips For Filling Vacancies

As a landlord, you may have numerous properties that you manage or only one room that you rent out. Regardless of the number of spaces you need to fill, every landlord can agree that an empty space does not pay the bills and wears on their minds until occupied once...
Reasons to Renew Your Lease

Reasons to Renew Your Lease

If your lease will be up soon, then you may be struggling to decide whether you should renew it or move to a new place. It is important to note that there are a number of ways that you can benefit from renewing your lease. Below is a list of reasons that you should...
3 Tips for Connecting with Your Tenants

3 Tips for Connecting with Your Tenants

As a landlord, you may come across as intimidating or unapproachable. People often couple fear with what they don’t understand, so here are some tips to better connect with your tenants. Establish Personality Don’t let your residents live in fear of your authority....
All About Welcome Packets

All About Welcome Packets

What Goes into a Winning Welcome Packet? As a landlord, you want to provide incoming tenants with helpful information to make the transition into their new home or apartment as easy as possible. A welcome packet is a great way to deliver that information. If you’re...
The 31-Day Rental Representative

The 31-Day Rental Representative

As it happens this time of year, there is a great deal of discussion about vacation rentals in the Phoenix metropolitan area. The Valley of the Sun is increasingly attractive to snow birds who love our fall and winter weather. The Valley also hosts seasonal...
How to Manage Noisy Tenants

How to Manage Noisy Tenants

Now that the renter population has increased in Scottsdale and more and more people are investing in rental properties, the unfortunate reality is that many property managers will inevitably have to deal with tenants that don’t get along. The most common complaint?...