When you own rental property, your goal comes down to the amount of rent you collect. It would be nice if you were always paid the rent on time and the check cleared without problems. However, that rarely occurs 100% of the time. Even with careful tenant screening, your tenants can run into unexpected financial
Read More
Whether you think of screening as a tool to protect yourself and your Phoenix investment or as a dreaded part of being a property manager, it is absolutely critical for your success and safety. Here are the top 6 items you need to screen for: 1. Income should equal 3x the monthly rent amount 2.
Read More
According to Real Property Management West Valley Phoenix, tenant screening for Phoenix is about to take on a whole new look. Whether you think of screening as a tool to protect yourself and your investment or as a dreaded part of being a property manager, it is absolutely critical for your success and safety. Since
Read More
Investing in real estate over the last 50 years has usually been a safe bet. While it has had its ups and downs, for most investors, Phoenix, AZ real estate is something that can be counted on. However, with the rise of more investors comes a similar set of do it yourself (“DIY”) property owners.
Read More
This will be the final post in our tenant rental cycle series. The first post was on October 20, 2014 and gave you an overview of the process. The next 12 (including this one) give details on each significant step along the way. If you can implement the ideas presented in this series, you will
Read More
There will come a time when your tenants will move out and you will have to start the rental cycle all over again. We have a great deal of experience in the move out procedure and have defined nine key steps you can use to conduct a successful move out. Step 1 – Make sure
Read More
.jpg)
Last week, we went over some important aspects of rent collection.Today, we will go over three common situations we see regarding late paying tenants. We will also give you some strategies that you can take when faced with these situations. Situation #1 – The tenant constantly pays late and won’t change their behavior. We mainly
Read More
Last week, we reviewed three items regarding the lease signing. The next step in the tenant rental cycle is the move in. At RPM West Valley, we have a detailed, logical, formal and consistent move in procedure. This relates to all of the elements of our move in including our policies, process and documents. A
Read More
Check out our new podcast. Our monthly podcast will have information about how to successfully manage rental properties. The pod will cite actual real life examples of situations that landlords will encounter as well as solutions.On our introductory show, will look in detail at how to screen your tenant for your Phoenix rental home. We
Read More
As a, Phoenix Property Manager, we understand that as the owner of an investment property your goal is to see your rental home bring you in not only the cash you invested in the property but also to earn a profit. With that being said, to maintain any return on investment it is vital that
Read More