Blog

Jul
26
Rental Myths vs. Reality

1. YOU'RE THROWING MONEY AWAY

WHILE YOU MAY NOT BE GAINING EQUITY IN A HOME, YOU ARE PAYING FOR SOMEWHERE TO CALL HOME, WHICH IS NOT THE EQUIVALENT OF THROWING MONEY IN THE TRASH

2. YOU HAVE NO NEGOTIATING POWER

RENT PRICES AND LENGTHS OF LEASES ARE OFTEN NEGOTIABLE. DON’T BE AFRAID TO ASK THE PROPERTY MANAGER OR LEASING AGENT TO SEE WHAT THE OWNER WOULD CONSIDER.

3. IT'S DIFFICULT TO GET OUT OF A LEASE

ALTHOUGH YOU ARE RESPONSIBLE FOR THE LEASE, DEPENDING ON THE LEASE TERMS, LEASE BREAK POLICIES CAN DIFFER. RESEARCH YOUR LEASE OR AS THE LANDLORD/PROPERTY MANAGER FOR MORE INFORMATION

4. THE LANDLORD IS RESPONSIBLE FOR ALL REPAIRS AND REPLACEMENTS

AGAIN, DEPENDING ON THE LEASE TERMS, THIS CAN DIFFER FROM RENTAL TO RENTAL. BE SURE TO UNDERSTAND THE LEASE AND WHAT IS COVERED BEFORE SIGNING

5. A LANDLORD CAN END YOUR LEASE EARLY

THE LANDLORD HAS TO FOLLOW THE LEASE, UNLESS THEY SELL THE PROPERTY TO AN INVESTOR WHO WILL KEEP THE RENTER IN PLACE THROUGH THE LEASE DATES.

KEEP IN MIND, WHEN IN DOUBT, ALWAYS ASK YOUR LANDLORD OR PROPERTY MANAGER BEFORE MAKING AN ASSUMPTION.


Jul
13
How Often To Inspect?

temp-post-image

As a property manager it’s a good idea to inspect properties regularly.

When should you inspect?

  • Move In - done before a new lease begins, ensures all previous work has been completed and property is move in ready. Then again by the tenant once they move in to notate the condition of the property when the moved in.

  • Annual - done with a tenant in place to note the condition of the property; one, two or even three times a year is normal.

  • Move Out - accesses the overall condition once a tenant moves out

Remember a quick 5 minute inspection can prevent major expenses down the road.

This is a great time to see potentially unreported issues and point them out and advise the tenant these are things that need to be reported so they can be addresses, check for unauthorized occupants, unauthorized pets and just overall maintenance and upkeep.


TCT Property Management Services, LLC

2500 S Power Road #121

Mesa, AZ 85209

T: (480) 632-4222

F: (480) 632-4226

E: info@tctproperties.com

Office Hours: Monday - Thursday 8:30AM-5:00PM, Friday 8:30AM-4:00PM

Se habla EspaƱol

Jennice Doty, Designated Broker

For AFTER BUSINESS HOURS maintenance EMERGENCY, please call 480-632-4225 and the on-call property manager will assist you

Associations & Affiliations

"));// ]]>