Sometimes, it is necessary to cut ties with your tenant. One of the major reasons that we may decide to cut ties with a tenant is if a situation arises where a tenant is habitually late paying rent. The reason for being late is not important. What’s important is when the tenant is always late, […]
As you review your rental lease agreement with your tenant, it’s important to highlight a few key areas of that lease. Today, we’re talking about why it’s important to put rules and regulations in writing. It’s especially important to have everything documented if your property is in an HOA with a governing community. That will […]
The way you handle tenant complaints will have a major impact on your success as a rental property owner and manager. The good news is that our experience has proven most tenants don’t complain. The bad news is that if complaints go unanswered, you will face serious challenges with your tenant. These are some of […]
A good lease will indicate what the tenant is responsible for at the rental home and what the landlord is responsible for maintaining. Today, we’re talking about the services you should take responsibility for as an owner/manager.
Managing tenant relationships is an important part of being a landlord. Once you have a tenant in place at your rental property, you need to be prepared for what to do next. It’s about more than just collecting rent. You’ll need to know what to do if they don’t pay rent on time or if […]
Maintenance is an important part of property management for the do it yourself landlord. Timely maintenance is important in keeping your tenants happy and keeping property values up. Deferring maintenance is one of the easiest ways to reduce the value of your investment.
When you’re getting your rental property ready for the market, it’s important to think about safety, maintenance and appearance. Your tenants will want to move into a home that looks and feels new and clean. Tenant Safety The first thing to think about is tenant safety. Do not overlook issues that create […]
To be an effective landlord or rental property owner, you need to understand security deposits and what you can use them for. At Crest Premier Properties, we take a security deposit from the tenant at contract time. The tenant should always pay the security deposit before moving in.
Self managing a Tempe rental property can lead to financial trouble, tenant disputes and headaches. These stories from self managing landlords are typical of the challenges you can face when you aren’t working with a professional property management company. Allowing Tenants to Make Repairs One owner signed a two year lease with tenants […]
Our topic today is why you should not self manage your rental property in Tempe. If you’re thinking about managing on your own, it may be for one of these reasons: You may have recently inherited a property from a family member. You have managed your rental property on your own for a long […]