Blog

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 with the entire Residential Landlord and Tenant Act, you can download the full text of the law from the Arizona Department of Housing.

The...

There are many reasons that a tenant may choose not to renew their lease agreement with you. Maybe they’re buying a home of their own or moving into a new city or state. They could need something larger or smaller than the home they’ve been renting from you.

Once you learn that your tenant will be moving out, you need to take a few steps that will ensure the move-out process is efficient, easy to manage, and successful for both you and your tenants. You want them to leave feeling like they had a good rental experience with you. And, you want to be able to rent your property to new tenants quickly. Both of those outcomes will require some cooperation from both you and your depart...

It’s hard to rent out a property without a willingness to invest in good relationships.

You need to have a positive, professional, and respectful relationship with your tenants. If you don’t, you can expect conflict and disputes throughout the tenancy. You’re more likely to lose that tenant at the end of the lease term, leaving you with turnover and vacancy costs.

Relationships are not always easy, especially in a business environment. But, that’s how you have to think of your rental property: as a business. And, that means your tenants are your customers. Good customer service requires an ability to establish and maintain good relationships.

Sometimes, it seems l...

Do looks matter?

When it comes to your Phoenix rental property, yes.

An attractive rental property is welcoming, inviting, and likely to get the attention of the best tenants. You’ll increase your rental value and decrease your vacancy time.

Curb appeal counts because it makes your first impression. When tenants scroll through your photos online, they’ll notice whether the outside of your property is attractive. When they arrive for their showing, the way your home makes them feel will impact whether or not they complete an application.

Leverage the power of that first impression by paying attention to your curb appeal.

If you’re not sure where to start, we have five e...

Property damage caused by tenants is something that nearly every rental property owner fears. In our experience as Phoenix property managers, tenant damage that goes beyond the security deposit is rare, especially if you’ve screened your tenants carefully, inspected the property regularly, and managed to maintain a good working relationship with your residents.

Excessive damage does occur, however, and you’ll need to know how to handle it.

These are the immediate steps to take if a tenant damages your property. After we discuss what you should do right now, we’ll take you through some preventative measures that can help you prevent this from ruining your rental experience...

Protecting the condition of your home and the value of your property requires a schedule of routine home maintenance. This can sometimes seem overwhelming, especially if you’re not comfortable making your own repairs and seeking out continuous improvements. It can also be expensive; even those small repairs seem to add up quickly.

Routine home maintenance is important, however, in avoiding bigger and more costly problems.

When you’re renting out a property, that routine maintenance is even more critical. Your tenants are expecting to live in a clean, well-maintained, and safe home. The value of your property depends on it remaining in good condition. You’ll have a hard time...

The rental market in Phoenix and throughout Arizona’s East Valley is attractive to investors who live elsewhere. If you’re an out-of-state investor who is thinking about adding a rental property to your portfolio, we want to help you prepare for that. From knowing the local real estate market to navigating the ever-shifting demands of local tenants, there’s a lot to think about.

Adding an out-of-state rental property to your investment portfolio can present some unexpected challenges and come with unique risks. But there are plenty of good reasons to do it. A non-local investment can actually strengthen your entire portfolio, allowing you to diversify and grow while providi...