The basics of Turnover Repairs

By Lisa Borchard Monday, June 23, 2014

After a tenant has resided at your property for several years, there will be some normal wear and tear maintenance that is needed. This can range from simple touch up painting and sprucing up to more extreme cases of multiple loads of trash out, full painting of the propert...

Tenant Retention

By Lisa Borchard Sunday, June 15, 2014

Although finding a new tenant in this landlord-friendly rental market may not be difficult but it is still more cost effective to retain a good tenant in most situations. Finding a new tenant can be a costly, time consuming process as placing the tenant after the old tenant move...

Copper Thieves - Phoenix Rental Property

By Lisa Borchard Sunday, June 8, 2014

Arizona is known as the Copper State. From what we have seen in the last few years it really could be referred to as the Copper Thief State. If you own a phoenix rental property you need to be aware of the copper theft problem and how you can take one easy step to prevent i...

Neighbor Danger: Survey from Real Property Management Reveals DIY Landlords May Put Neighborhoods at...

By Lisa Borchard Monday, June 2, 2014

Neighbor Danger: Survey from Real Property Management Reveals DIY Landlords May Put Neighborhoods at Risk DIY Landlords do not Adequately Conduct Background Checks, According to Survey SALT LAKE CITY (May XX, 2014) – Do-it-yourself (DIY) landlords, individuals who manage ...

The Six Most Important Aspects of Legal Notices for Phoenix Rental Properties

By Lisa Borchard Monday, May 26, 2014

All investors at some point will need to serve their tenant with some kind of legal notice however it is imperative to pay close attention and follow the following to ensure proper service. 1. The "WHO" - Be sure to address the notice to all lease holding residents not...

Is my property rent ready? Do I need to make some updates? Am I making the right updates?

By Lisa Borchard Sunday, May 18, 2014

Does your home need carpet, paint or both? These are often the difficult questions you have to ask when looking to get your home into rent ready condition. As a Phoenix Property Manager, we understand it may not be in your budget to go both this year but just doing one may mak...

Phoenix Property Rental Market Statistics

By Lisa Borchard Monday, May 12, 2014

ARMLS (Arizona Regional Multiple Listing Service, Inc), publishes monthly rental statistics for the Phoenix metro investment property area based on all leasing activity in which the home was advertised through the MLS. In March 2014, 3547 homes leased through the MLS mark...

Tenant Communication is Key

By Lisa Borchard Monday, May 5, 2014

Summer is nearly upon us, and many landlords experience a tenant turn-over in the summer related to school schedules. As a Phoenix Property Manager, we know that the summer is a busy time in the Phoenix rental market with tenants trying to get settled prior to the new school ye...

How to Handle a Bad Tenant?

By Lisa Borchard Sunday, April 27, 2014

What defines a bad tenant? Here are some characteristics. Does not payAlways pays lateDamages to the propertyRequests unnecessary maintenance weeklyBreaks things and then wants the owner to pay to fixReceives multiple HOA violations & finesIt is important that your prope...

3 Key Steps to Determine a Good Rental Investment

By Lisa Borchard Sunday, April 20, 2014

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)...