Why You Should Invest in Real Estate Over the Stock Market
Choosing the right investment can increase your income and establish financial security for you and your family. But each investment type has its own potential and requires different levels of commitment. But what is the best investment for you: stocks or real estate?...
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
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
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
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
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
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...
Renting Out Your Home in Phoenix: Everything You Should Consider
Renting out your home in Phoenix can open up a new world of financial rewards for you. The potential passive income can help to boost your savings or enable you to pay down debt. In addition, you may be able to build wealth through potential high property appreciation...
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
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...
Top Tips When Buying Investment Property in Phoenix
There are many reasons to invest in Phoenix real estate. Both new and experienced investors can easily find many lucrative options in their local real estate market. Phoenix in particular is a fantastic market, as it is expected to see major growth in both population...
Breaking a lease in Phoenix, AZ – Know the Laws
Modern lease agreements in Arizona are governed by Arizona landlord-tenant law. A legally binding lease in Arizona can last for however long the two parties agree upon. However, they usually last for six or twelve months. During this entire time, a tenant is required...
How Does the Condition of Your Property Define Its Rental Value in Phoenix?
In a competitive rental market like Phoenix, you need to ensure that your property stays up to the mark in order to succeed. It should be in great shape and make a positive first impression on potential tenants. Ultimately, it is the condition of your property that...
What Should Rental Owners Look for In a Phoenix Property Management Company?
Many rental property owners seek assistance from a professional property management company to relieve the stress of managing their rental by themselves and to help them earn a higher return on their investment (ROI). However, the very first step, that is choosing...
When Is It Time to Fire Your Current Phoenix Property Manager?
Managing your rental property can be an exhausting process, regardless of whether you stay near the location or far from it. Consequently, many landlords choose to hire a professional Phoenix property manager to reduce this hassle and ensure that their rental business...
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...
What Is the Right Way to Handle Rental Property Inspections in Phoenix?
As a Phoenix landlord, conducting thorough rental home inspections is one of your most significant responsibilities. Timely inspections help you save a considerable amount on repairs and maintenance in the long run. They also prevent property damage and enable you to...
Replacing Windows in a Rental Property: Tips and Tricks
Windows are one of those features landlords feel reluctant to replace in a rental property. That is partly because of the cost. Most landlords will retain their windows if they still look good. But a few will delay replacing windows even when they are no longer doing...
How Do Professional Phoenix Property Managers Handle Maintenance Issues?
One of the most common causes of tenant dissatisfaction is the inefficient handling of maintenance issues by landlords. It is a responsibility of the landlord to ensure that your tenants live in a habitable and comfortable house, and if you find it overwhelming to...
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...
How Often Can You Expect to Hear from Your Phoenix Property Manager?
Effective communication is essential for any professional relationship to thrive, including the one between a landlord and their property managers. Many Phoenix landlords discuss their expectations and management preferences with their property managers beforehand to...
Arizona Rental Laws – An Overview of Landlord Tenant Rights in Phoenix
According to data from Census ACS, about 34% of households in the state of Arizona are occupied by a renter. Generally, Arizona is a landlord-friendly state. It has favorable legislation when it comes to leases and eviction procedures. The state has a statewide...
What First-Time Landlords Can Expect from Phoenix Property Management
Many first-time landlords choose to hire a property manager as they find it challenging to manage the Phoenix rental by themselves. They are aware that the property managers can help ease the process with their skills and resources. However, they are often unsure what...
When Can I Expect to Start Earning Money from My Phoenix Rental Property?
Phoenix rental property investors are often curious as to how long it would take to start earning money from their rental property. However, there isn’t a fixed duration following which you can profit from your property. Every rental generates different incomes...
4 Tips for Managing Multiple Properties – Keyrenter Premier
Looking for a way to build your wealth through investments without playing the stock market? If so, investing in real estate is the best way to go. Take it from a group of millionaires who made their fortunes this way—property is one of the most stable forms of equity...
Rental Property Tax Deductions: What Landlords Should Know – Keyrenter Premier
There are many exciting and interesting things to learn about being a landlord. But, one of the most often overlooked topics is rental property tax deductions! As a new or experienced landlord, you need to take the time to become a master of your taxes to ensure...
A Landlord’s Guide on How to Help Tenants During the Covid-19 Pandemic – Keyrenter Premier
The COVID-19 crisis has left millions of Americans in a tight financial spot. Many have been furloughed, laid off, or had to close their businesses. Others are saddled with medical bills from hospital stays or are dealing with grief from losing a loved one to the...
Essential Things to Do If Your Tenant Can’t Pay Rent – Keyrenter Premier
The COVID-19 pandemic has put over 40 million people out of work in the US–a full quarter of the labor force. While there are no reliable estimates as to how many of these people are renters, we do know that nearly 50 million people in the US rent their homes. ...
How to Choose Whether to Sell or Rent Out Your Property
If you’re looking to move out of the place where you are currently living, you have a choice in front of you: Do you sell the property or rent it out to others? Making that decision can actually be more difficult than you might think. There is a multitude of factors...
5 Landlord Responsibilities Every Landlord Should Know – Keyrenter Premier
Did you know that there are over 48.5 million rental units in the US? While there aren’t many accurate statistics on how many landlords there are, suffice it to say that that million rental units means that there are quite a few landlords across the US. If you...
How Keyrenter Can Help You Manage Your Property – Keyrenter Premier
Are you a new property owner looking to rent out your private unit? Maybe you’ve been a landlord over several multi-unit complexes for some time, and while this industry is nothing new to you, you’d like to optimize the way you manage your property. No matter where...
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...
8 Ways to Reduce the Vacancy Rate of Your Rental Properties
A large expense for many landlords is tenant turnover. Not only do you have to deal with lost rent, but also maintenance, repairs, cleaning costs, and advertising; and these will continue until you fill the vacancy. Although it’s important to get a new tenant quickly,...
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?
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...
Convert Your Home Into a Rental Property in 10 Simple Steps
So you’ve decided to turn your primary residence into a rental property. Maybe you just bought another house and can’t get a fair price for the old one. Maybe you need the extra income. Whatever the reason, it can be hard to know where to start and what steps to take...
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...
Best Ways To Keep Good Tenants in Your Rental Properties Long Term
Vacancies in your rental properties can be incredibly expensive. For one thing, you will need to pay for cleaning and potential repairs between tenants. For another, you will lose the income that monthly rent provides. In addition to the unit not making money, it will...
How To Avoid Common Landlord Move-out Inspection Mistakes
When it’s time for a tenant to move, one of the most important steps is the move-out inspection. This allows you to see if any damage has been done to the property while the tenant has lived there, giving you the right to charge them so you don’t have to pay for it...
Best Fair Housing Practices for Landlords in Scottsdale, Arizona
It is vital for landlords to understand the laws regarding their business to prevent severe problems from occurring. The laws vary between states, so it is important for landlords of Scottsdale, Arizona to familiarize themselves with the laws in Arizona. It is...
Does the Landlord or Tenant Pay for Pest Control?
Pest control can be a frustrating and complicated process. Ultimately, a pest infestation can be damaging to the health of the property’s occupants and can even cause damage to the structure of the building. For this reason, it is important to resolve pest...
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
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...
The Future of Rental Property as an Investment Tool
Investing in real estate is one of the most profitable ways to use your extra money. Real estate investment is a relatively safe way to invest because property values tend to appreciate over time. Real estate property is one of the most expensive purchases you’ll...
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...
4 Steps to Prepare Your Rental Property for Showings
Once your rental property is ready to go, you have the rental property, you’ve written the lease agreement, and you have the application forms ready to be filled out, you are probably thinking about the showings that are soon to come. Or, alternatively, a previous...
Important Tenant Screening Tips for Your Scottsdale Rental Property
One of the keys to successfully renting out a property is finding and qualifying a great tenant. If you have a good tenant, you’ll have a great experience as a landlord. But, if you have a bad tenant, you could have a truly awful experience. It’s important to do your...
Should I Allow Pets in My Rental Property? | Scottsdale Property Management Expertise
Many landlords struggle with whether they should accept pets or not. Often, it’s a tough call. There are a few things to consider, including the condition of the home, the location of the home, and finally – the rental market. When we talk about pets, we’re...
Why Owning Scottsdale Rental Properties is a Good Long-Term Investment Strategy
Buying rental property can be an outstanding long term investment. If you’re thinking about selling your first home or your second home, think about what you have to gain by renting out that property instead. Scottsdale Property Management: Renters Are Abundant The...
Don’t Want to Sell Your Scottsdale Home? Get it Ready to Rent | Property Management Tips
A number of homes we work with are properties belonging to first-time investors. Either they have a house they purchased and they don’t want to sell it, or they are accidental landlords who inherited a property or adopted it through marriage. They want to transition...
3 Steps All Landlords Should Take to Ensure Their Property is Ready For Rent
Are you planning to invest in some rental property? Do you want to rent out your home or rent out part of your home? Renting is a great way to make some money, or to use as your full-time income. Of course, being a manager of the property will pose some challenges you...
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...
Should I Sell or Rent My House in Scottsdale? Professional Property Management Advice
There are a lot of factors to consider when it comes to renting or selling your home. You’ll need to think about the mortgage you’re paying, the value of your home, its rental value, and a lot of tax implications. What it really comes down to is your short term needs...
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
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
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 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...
Should I Rent Out My Scottsdale Home as a Short Term Vacation Rental or a Long Term Rental?
I’m lucky enough to live in Arizona year-round. It does get warm in the summer, but we have beautiful weather for the bulk of the year. It’s one of the reasons that people from colder climates come to visit us. There’s hiking, biking, golf, and beautiful...
Renters Liability Insurance. Think You Don’t Need it? Think Again!
It is estimated that approximately 60 percent of homes in the Tempe, Arizona area are rented — the most in the surrounding region. With a statistic like this, many people may already be considering purchasing renters insurance. They may not be considering...
How Does Professional Property Management Work in Scottsdale, AZ?
Prospective clients often want to know how property management in Scottsdale works, and today we’re sharing the Keyrenter way so that you have an idea about the process. We’ll tell you about what happens when you contact Keyrenter right up until the point that we’re...
Why Work with Keyrenter Premier for your Professional Property Management in Scottsdale, AZ
There are a number of companies providing property management in Scottsdale. Today, we want to introduce you to Keyrenter Premier Property Management. We’ll tell you why we started it, what we see as our purpose, the types of the results we achieve, and how we...
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
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
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
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...
How Apartment Dwellers Can Save Money on Electricity
Living in an apartment can be quite expensive. The electric bill is one of the biggest expenses that come along with living in an apartment. Fortunately, your Austin property management company has tips that will help you save money on electricity. Tips For Lowering...
Three Ways a Property Management Service Can Make a Landlord’s Life Easier
A property management service like Keyrenter Premier exists for one purpose: to make landlords’ lives easier. We want to keep your rental properties profitable while helping you make the best use of your valuable time. Advertise for Tenants A property management...
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
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...
What You Should Know Before Moving Into Your First Apartment
Moving into a new apartment can be exciting. It can give you a sense of independence and accomplishment. However, there are a number of things that you will have to do before you move into a new apartment. Below is a list of tips that will prepare you to move into...
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....
Why you should Opt for Our Professional Property Management Services
Keyrenter Premier is a firm dealing in property management. We are located in Scottsdale AZ. We think having property and renting it out is a lovely idea though some pitfalls occur when you individually rent it out. Investing in property may be one of the best...
How Can I Use Color to Make Small Spaces Look Larger
Are you concerned that your new rental home lacks the square footage to truly decorate? We have good news! With some clever arrangement, even the smallest room opens up into a more open, welcoming space. No doubt you realize that clutter makes an already small room...
Getting a “Passing Grade” on the Broker Audit by Ed Ricketts
The Broker Audit is a hot topic, especially among property managers. Not surprisingly, the Arizona Department of Real Estate (“ADRE”) prioritizes its audit focus on property management brokerages. Why? That’s because property management brokerages hold other people’s...
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...
Should You Rent a Single Family Home or an Apartment?
As you shop for your new home, it is likely that you’ll come across a number of very different options. In this increasingly competitive market, the cost to rent a home is often comparable with that required to rent an apartment. With cost being less of a factor, you...
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 Can I Improve My Chances of Getting My Security Deposit Back?
Upon renting a home or apartment, the landlord or property manager will often require a security deposit. Security deposits ensure that, when tenants leave, the home or apartment is in the condition in which they found it. If the tenants meet certain standards, the...