As a landlord, its crucial that you maintain a respectful relationship with your tenants. The first step to do this is creating a solid rental agreement before they move in. A clear rental agreement will outline all the responsibilities of both landlords and tenants, as well as set all expectations straight.
I...
To keep a property in good condition, routine care is required. You should plan to complete comprehensive preventative maintenance throughout the year.
Both landlords and tenants may be unsure of their obligations when it comes to home repairs. Here, we...
Have you finished marketing your rental unit? Do you need tenants for your Phoenix property? If so, it’s time to focus on tenant screening. Though a lot of interest in your property is great, it can also be overwhelming.
It's important to filter applicants properly so you can get the best possible te...
Showing prospective tenants your rental is no longer limited to hosting in-person viewing! In some respects, digitals trend have made it easier than ever for property owners to advertise their vacancies.
Initially, creating a digital tour when you decide to
1031 Exchange is also referred to as “like-kind exchange.” It’s a unique and progressive policy under the IRS that allows investors to exchange real property for another real property without paying capital gains tax. Section 1031 makes clear that the definition of “like-kind” leaves room for s...
A Guide to 1031 Exchanges in Phoenix
SGI Staff - Monday, July 4, 2022
The Fair Housing Act is also known as Title VIII of the Civil Rights Act of 1968. It’s a federal law that bans all forms of housing discrimination when it comes to sale, renting, mortgage lending, and home selling on the basis of certain protected classes.
The Fair Housing Act was passed by Congress and ...
There is more to being a landlord than just cashing rent checks every month. As a landlord in Phoenix, there’s a formula you must follow in order to rent out your home successfully.
The following are some of the things that you must do.
The phrase “normal wear and tear” is commonly used in real estate to describe the damage that occurs in the everyday use of a property or appliance.
This form of depreciation normally occurs when a tenant moves into the premises and it may be described as expected property damage.
But normal wear and...
As a landlord, you want your rental property to look appealing. You want your tenants to stick around and not look for another place to rent because of your windows. Broken, rotten, or leaky windows are a health hazard and a red flag for anyone looking to rent a unit.
Dealing with complaints from your tenants is something everyone who manages a property will have to do at some point – landlords included. So, it’s best to prepare yourself for the inevitable.
To solidify your tenant retention strategy, you need to have a sound and efficient plan to resolve tenant ...
