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 […]
Today we are talking about how to become a better investor in rental property here in Tempe. We have a few words of wisdom for real estate investors. Location You always want to consider the location of your rental property. If you are planning to acquire and rent out single family homes, access to schools […]
When working with delinquent tenants who have not paid rent, you need to be familiar with the Arizona Landlord and Tenant Act. This law was enacted to protect you as a landlord and also to protect tenants. As a landlord, make sure you are familiar with the rules and regulations in that law.
Owning rental property in Tempe can bring you steady rental income and provide a number of tax benefits. If you already own a home and you’re facing relocation due to a job change, a school opportunity or a change in your social status, you need to decide what to do with your home. You can […]
Today we are talking about how to change property management companies. There are usually some common reasons that people are not happy with their current management company. Many companies become complacent in their relationship with you, the owner, and they begin to take your business for granted. This means they may not perform as expected.
Our topic today is screening for long term quality tenants. There are five major items that we always look at when we are screening to put the best possible tenant in your home.