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 …

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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 …

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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 …

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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 …

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Here’s the latest rental activity and trends for the Phoenix Metro area for July 2022… Closed Rental Units: 2,289 (18.11% increase year over year) Median Lease Rate: $2,200 (10.00% increase year over year) Average Lease Rate: $2,373 (7.52% increase year over year) Average Days on Market: 25 (56.25% increase year over year)

Ah, the wonderful world of owning rental property. While it can indeed be a money-making venture that can build wealth over time, it’s an endeavor that should not be entered into lightly. There’s no place in the world of land lording for a ho-hum, whatever-whatever attitude or approach. And the folks who jump headlong into …

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