LANDSCAPING TIPS TO MAKE MAINTAINING YOUR RENTAL PROPERTY EASIER

LANDSCAPING TIPS TO MAKE MAINTAINING YOUR RENTAL PROPERTY EASIER

Maintaining a rental property can be difficult on its own, and maintaining the landscaping is even more of a challenge, especially in the East and West Valley, where grass is nearly impossible. That doesn’t mean you shouldn’t be paying attention to your outdoor space. Every rental property will have a different exterior. Maybe there’s no more than a courtyard for you to manage at your rental property, or a small patio with no trees, grass, or bushes. Great. But, what if you’re renting out a single-family home that has some outdoor space? How ca…

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UNDERSTANDING THE TENANT-LANDLORD LAWS IN ARIZONA

UNDERSTANDING THE TENANT-LANDLORD LAWS IN ARIZONA

Arizona is a landlord-friendly state, which is good news when you want to invest in properties without worrying about rent control and other strict provisions found in other states. There are laws that must be followed, however. The Arizona rental laws that you need to know when you’re renting out property can be found in the Residential Landlord and Tenant Act. This law pertains to standard rental housing (not mobile homes), and it references the rights and responsibilities of both landlords and tenants. If you’d like to familiarize yourself w…

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MTM: PROS AND CONS

MTM: PROS AND CONS

MONTH-TO-MONTH LEASE AGREEMENTS PROVIDE BOTH THE LANDLORD AND THE TENANT WITH FLEXIBILITY, BUT AS WITH ANYTHING THEY ALSO HAVE SOME DOWN SIDES. PROS FOR TENANTS: FLEXIBILITY TO MOVE - ONE OF THE MOST COMMON REASONS FOR A TENANT TO SIGN A MONTH TO MONTH OR OPT TO GO MONTH TO MONTH IS SO THEY HAVE THE ABILITY TO MOVE QUICKLY. NO SPECIFIC END DATE - UNLIKE A LONG TERM LEASE AGREEMENT, MONTH TO MONTH LEASES ALLOW YOU TO GIVE A NORMAL (TYPICALLY 30-60 DAY) NOTICE AND YOU AREN’T BURDENED BY LEASE BREAK PENALTIES YOU CAN (USUALLY) SWITCH TO A LONG TE…

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PETS OR NO PETS: THAT IS THE QUESTION

PETS OR NO PETS: THAT IS THE QUESTION

A LOT OF OWNERS ARE NERVOUS ABOUT PETS IN THEIR RENTALS. IT IS OUR ROLE AS PROPERTY MANAGERS TO MAKE SURE OWNERS UNDERSTAND WHERE PETS FIT IN AND HOW THEY MAY ADD VALUE. According to landlordology.com (https://www.landlordology.com/how-to-rent-to-tenants-with-pets/) here are some of benefits vs. risks of renting to pet owners. Benefits vs. Risks Typically in real estate, where there is great risk, there is also the opportunity great gain. Pets and Rentals are no exception. Benefits Additional income from increased rent or pet fees Larger pool …

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