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Are you overpricing your Phoenix rental property?

This is a very simple concept that many owners miss – if the market rent is $1000 you are not magically going to rent it for $1200 AND the longer the property sits vacant over priced the less actual monthly rent will receive. In Phoenix, listing your rental property for a price at market or
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Phoenix Property Management – Partial Payments

Under Arizona law a landlord is not required to accept a short or partial rent payment. However, per A.R.S. &33-1371 “if the landlord does accept the lesser amount (than full rent), the landlord loses their right to seek eviction of the resident”.  Keep in mind that this does include scheduled semi-monthly payment plans, where residents
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Surprise, Surprise, Surprise!

So you have done all the research, gathered the facts on the neighborhood, the HOA, the taxes, and the current rental statistics and have decided to purchase in Surprise. A little known fact about the city of Surprise, in addition to the city rental taxes of 2.2%, the city also requires that all owners of
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Attracting & Retaining The Right Tenant in Phoenix

Getting and keeping a good tenant is the lifeblood of your Arizona Rental Property.  Taking the right steps to getting a solid tenant is even more important in Phoenix due to a high transient rental pool.The first step to rental success is to list your vacant rental property for the right price.  You need to be realistic
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