Author: Rentals America

Markets and prices can’t help but be volatile when they depend on so many fluctuating factors, and the rental market is no exception. Trends can be influenced by any combination of price point, location, season, interest rates, and more. But in recent months, rental markets nationwide have experienced a shift toward lower prices and more …

Continue reading “The Changing Rental Market”

No matter how much experience you have as a landlord or how thoroughly you screen potential tenants, conflicts are bound to arise occasionally. Offering your tenants respect, open communication, and clear expectations will go a long way toward resolving minor issues and keeping your landlord-tenant relationships amicable. In addition, here are tips that can help …

Continue reading “Top Tips for Preventing Landlord-Tenant Disputes”

Here’s the latest rental activity and trends for the Phoenix Metro area for September 2022… Closed Rental Units: 2,152 (38.04% increase year over year) Median Lease Rate: $2,100 (0.00% increase year over year) Average Lease Rate: $2,312 (0.30% decrease year over year) Average Days on Market: 31 (72.22% increase year over year)

  The Rentals America Tucson team returned to Community Food Bank of Southern Arizona on October 13th to help with sorting and packing food.  A big THANK YOU for their efforts supporting this great organization!         If you would like to donate or learn more about Community Food Bank of Southern Arizona, …

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If your property includes a heating, ventilation, and air conditioning (HVAC) unit that’s been in place for a while, be aware that a problem with the equipment may become more complex than a simple repair. Many older appliances contain a refrigerant called R22 that is being phased out, triggering supply shortages and increased hassle and …

Continue reading “How Will the R22 Phase Out Affect my Rental Property?”

As a landlord, it’s essential to be in the know about the many rules and regulations that impact the rental property business. And one of those need-to-know situations involves emotional support and service animals. While most people are familiar with service dogs, they are less knowledgeable about emotional-support animals. A common misconception meshes the two …

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Here’s the latest rental activity and trends for the Phoenix Metro area for August 2022… Closed Rental Units: 2,289 (26.29% increase year over year) Median Lease Rate: $2,200 (4.52% increase year over year) Average Lease Rate: $2,373 (5.30% increase year over year) Average Days on Market: 25 (55.56% increase year over year)

What could be better than on-time rent payments made simple for both sides of the property rental equation? Every landlord’s dream, right? It can be downright appealing to tenants, as well. That’s why offering and encouraging the option of automatic monthly rent payments can make everyone’s life simpler. And in today’s chaotic world, any dose …

Continue reading “5 Strategies for Encouraging Tenants to Set Up Automatic Payments”

Renters come in all varieties. Those who keep a pristine home and those who struggle with too little time to devote to housework. The sentimental collector and those who prefer the lived-in look. The packrat and those whose disorganized, chaotic clutter may reach the point of causing a hazard to themselves or others.     Wise landlords …

Continue reading “Clutter vs. Hoarding: How Much Junk is Too Much?”

The U.S. economy has been fluctuating, with inflation reaching its highest rate since the 1980s. The continuing Covid-19 pandemic has put further pressure on the economy as well. The real estate industry has also faced rising loan costs, which impact investment strategies and rental prices. Thus far in 2022, the Federal Reserve has raised the …

Continue reading “Rising Interest Rates: What Does This Mean for Landlords?”