Buying a property with the intention of leasing it out to tenants is an excellent investment. The underlying value of your property will rise over time, and you get a handsome monthly income from the rent received. There are many benefits to using a professional phoenix property management company to handle all aspects of your property rental.
You do not have to locate, verify and deal directly with tenants. Our phoenix property management company will handle all that for you. We can look after every aspect of finding the right tenants. We can run credit checks, obtain references, ensure the prospect is employed and can afford to pay, and verify a prospective tenant's rental history.
If problems crop up, such as late payment, our phoenix property management company can act immediately to notify the tenant of his or her obligations. If the tenant fails to rectify the situation, we will issue a notice to quit, and we can appoint an attorney to represent you if the matter needs to go to court.
It is vital that the correct procedures are followed when carrying out an eviction, and our phoenix property management experts have the knowledge to ensure the process is carried out in accordance with the law. Many individuals who have carried out, or attempted to carry out, evictions without following due process have found themselves in trouble with the law, and have faced considerable financial penalties. As well as long delays in regaining possession. We can make sure you do not end up in this situation.
Tenants are more inclined to take their responsibilities seriously when they know they are dealing with a professional phoenix property management service rather than dealing directly with the landlord. Furthermore, the landlord can find it emotionally difficult to take appropriate action when a tenant falls behind with the rent, especially if the tenant and landlord have built up a relationship.
Your rented property is an investment vehicle, and it does not work if the tenant is not paying rent, regardless of whatever excuse the tenant may have. Our property management phoenix service can protect your interests, and make sure your property is working for you.
By thoroughly vetting applicants before they become tenants, we reduce the risks of your property being rented to an irresponsible, deceitful or willfully negligent tenant. This saves you money in the long run, as well as reducing stress. It also reduces the chances of having to issue an eviction notice.
You will want to have your property checked regularly to ensure the tenant is looking after it properly. This can be time-consuming, especially if you do not live near the rented property. When you engage us to look after your property, we carry out inspections on your behalf. Because of our long experience in property management, we are better able to detect when things are likely to start going wrong, and take appropriate action.
When you deal directly with a tenant, you are going to have to be available to get problems sorted out quickly. Even the best-kept properties can spring leaks, suffer weather damage, or have equipment failures. It is not reasonable to expect a tenant to wait days to get issues like these sorted out. You need to ask yourself if you have the time and the contacts to handle situations like these.
We also save you the time you would have to spend checking rent receipts and disbursements, and handling other paperwork, including taxes. We can prepare your tax information for you. We know what expenses are deductible, and can ensure you do not pay any more tax than you have to.
Maintenance and repairs
It is important to have quality maintenance and repair work done on your property as the need arises. Shoddy workmanship will reduce the value of your property, and will result in less than satisfied tenants. Happy tenants stay longer. On top of that, the turnaround time between tenants is shorter when the property is maintained in good condition.
We deal with several reputable maintenance and repair companies on a regular basis. As a result, we can get professional trades people to deal with any problems, such as burst pipes, quickly, often at discounted prices, thereby saving you money. All the contractors we use have been vetted, and you are guaranteed the highest standards of workmanship. We can also arrange routine maintenance visits to reduce the potential risk of problems, such as heating system failures.
Benefit from our services
We have detailed above some of the benefits of using our service. It makes sense to use us to manage your property. In summary, using our property management service means you:
- Save time and stress.
- Get better quality tenants.
- Retain tenants for longer.
- Have reduced turnaround time between tenants.
- Keep your valuable investment property in the best condition.
- Get discounted prices for maintenance and repair work carried out by top-class trades people.
We provide a full range of services to landlords. These include:
- Finding suitable tenants.
- Carrying out full background checks on prospective tenants.
- Preparing all lease documentation.
- Providing monthly financial reports to landlords.
- Dealing directly with tenants.
- Dealing with homeowner associations.
- Handling scheduled and emergency maintenance and repairs.
- Ensuring timely rent collection.
- Taking immediate action to resolve late payments.
- Processing evictions.
As you have seen, managing your own rented property can have many pitfalls. It is so much more effective to let our property management phoenix company look after your property for you. Our fees are very competitive, and you do not have to pay a cent upfront. Our property management phoenix company charges a flat fee of just $499 for each new lease. This includes advertising your property, vetting applicants, showing the property prospects, and preparing the lease documents. This fee is taken from the rent -- you do not have to pay us.
Once the tenant is in the property, we charge a monthly fee starting at just $69, which is also taken from the rental receipts. The actual monthly charge will depend on a number of factors, which we will be pleased to discuss with you.
Just give us a call today and we will be pleased to answer any questions you may have. Our property management phoenix company will prepare a no obligation management quote for you, so you will know exactly what services we will provide for you, and how much they will cost.