Property owners near Chandler, AZ (or anywhere else for that matter) never want to deal with vacancies. After all, any time your investment property is empty, you lose money. But the truth is, vacant properties are a part of the rental property business. And dealing with them is your responsibility. That said, you don’t have … Continue reading “How to Market Your Vacant Rental Property – Top 5 Tips”
Having a universal lease agreement you use with every tenant sure makes things a lot easier. This is especially true if you self-manage your rental property and already have a lot on your plate. Plus, if you’re in a rush to fill a vacancy, it can be tempting to print out a lease agreement template … Continue reading “The Most Common Rental Agreement Mistakes Landlords Make”
One of the worst things that can happen to a landlord trying to run a profitable income property business is to have a non-paying tenant. When this happens, your Phoenix property manager must start the eviction process. And this can take months to resolve. Meanwhile, you’re not collecting rent and aren’t able to place a … Continue reading “What to Do If Your Tenant Files for Bankruptcy in Phoenix”
Investing in a rental property has the potential to generate a lot of positive cash flow for you. But only if you successfully collect the rent each month. That’s why establishing a consistent process for collecting rent from your tenants is crucial to your success as a landlord. The easier you make it for your … Continue reading “Getting Paid: How to Collect Rent from Your Mesa, AZ Tenants”
Becoming a Phoenix landlord isn’t a hobby, it’s a way to make money. And if you do it right, owning rental property has the potential to net a steady, passive income that you can rely on. Unfortunately, many landlords make costly mistakes that dip into their profits and hurt them financially. Whether you’re new to … Continue reading “These 7 Mistakes Are Costing Phoenix Landlords Big Time”
The way you welcome new tenants into your rental property can set the tone for the rest of the lease term. After all, you want your tenants to feel like they matter as they move into what they’ll now be calling home. Up until now, you’ve looked deep into your tenant’s life. You’ve asked for … Continue reading “How to Create a Welcome Package Your Tenants Will Remember”
Self-managing your Phoenix, AZ rental property can be stressful. You’ll quickly find yourself fielding questions, handling repair requests, and hunting down rent from tenants. Plus, don’t forget all the paperwork that comes with owning a rental property. But owning an investment property doesn’t have to wreak havoc on your sanity. In fact, if you hire … Continue reading “3 Proven Methods to Find Property Management Companies Near Me”
One of the most difficult challenges facing landlords today is Phoenix rental home security. After all, your tenants expect you to keep them safe from break-ins and theft of their personal belongings. But not being around 24/7 to watch your property and ensure that it remains safe makes security difficult. Even so, your tenants are … Continue reading “6 Rental Home Security Tips for Landlords and Property Managers”
Hiring a property manager for your rental property can prove to be one of the best decisions you make. Whether you’re a first-time investor or an established landlord, getting professional help can generate you more rental income than ever before. That said, the interview process can be challenging if you don’t know what to look … Continue reading “7 Crucial Questions to Ask a Property Management Company”
Are you thinking about buying an income property in Phoenix, AZ? With competitive prices, plenty of job opportunities, and housing for everyone – from the millennial just starting out to the retiree looking to settle down – Phoenix seems like the perfect place to start a rental property business. And it is. But as with … Continue reading “What to Know Before Buying an Income Property”
