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How to Handle a Bad Tenant?

What defines a bad tenant?  Here are some characteristics. Does not pay Always pays late Damages to the property Requests unnecessary maintenance weekly Breaks things and then wants the owner to pay to fix Receives multiple HOA violations & fines It is important that your property management company handle the above issues correctly in order to protect your
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3 Key Steps to Determine a Good Rental Investment

If you are considering becoming a landlord and have researched the neighborhood including crime statistics then it’s time to run the three most important numbers to see if the property is a good rental.  1. Net Rental Income = Gross Income – (Operating Costs + Debt Payments)In this case your operating costs include such things
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Inspections – Protecting your investment

Now that some time has gone by since you placed your tenants you have a numbers of worries and responsibilities including the extensive drywall damage to the ceiling from the AC leak that the tenant failed to report in a timely manner. As a Phoenix Property Manager we know, that you worry about your investment.
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The High 5 of Tenant Screening

In our experience in renting properties in the Phoenix market, we have found that sticking to the basics is paramount.  Let’s high five it for you.1. Communicate the properties features or drawbacks to eliminate the tire kickers and lookie loos.2. Rental history – Look for verification from a property management company versus an individual owner
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