As with most things in life, a list of both pros and cons can be compiled concerning the ownership of both long-term and short-term rental properties. The recent shift in the hospitality industry toward short-term rentals versus the traditional hotel vacation stay finds many investors intrigued by the possibilities and potential of this growing market. But let’s hope this doesn’t happen before a thorough investigation into the advantages and …

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“It doesn’t take a hero to order men into battle. It takes a hero to be one of those men who goes into battle.” — Norman Schwarzkopf Thank you, veterans, for your service, bravery, and sacrifice.

Maintenance. The word is often responsible for nightmares and huge pits in the stomach, but it doesn’t have to be that way. While some rental property owners and managers wring their hands and procrastinate over maintenance issues, others have learned that a “plan to maintain” is a critical aspect in the success of their rental property pursuits.   Maintenance comes in many shapes and sizes, and …

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Even the best tenant and lease will come to an end at some point in time. Whether your tenant is relocating, moving into a larger (or smaller) unit, or buying a home, turnover is a part of investing in rentals properties. By creating a smooth process, you can reduce the time for the current tenant to vacate …

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“A good system shortens the road to the goal.”  –  Orison Swett Marden  Whether you’re creating a sound strategy for investing in property or just trying to maintain the property you already own, organization is key to reaching your best potential.   Money: Draw up your personal ‘policies and procedures.’   Establish an accurate picture of your income. (Hint: Don’t …

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Here’s the latest rental activity and trends for the Phoenix Metro area for September 2021… Closed Rental Units: 1,807 (4.94% increase year over year) Median Lease Rate: $2,100 (23.53% increase year over year) Average Lease Rate: $2,320 (22.56% increase year over year) Average Days on Market: 18 (28% decrease year over year)

Jason Black, a Rentals America Property Manager, is a beloved football coach for Veritas Preparatory Academy in Phoenix. Friday night lights shone brightly on their team and on one player in particular at last week’s homecoming game. Teammate Wesley Scott who lives with Downs Syndrome closed out this win with an epic 70-yard touchdown! “At …

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World Homeless Day was established to draw attention to people experiencing homelessness, and the opportunities for community involvement to help.  Rentals America is marking this important day once again with a donation to Tempe Community Action Agency (TCAA) and their I-HELP Shelter program.  The donation supports the program by sponsoring an individual as they journey …

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There are pros and cons to everything in life. And that includes the issue of renting housing property to pet owners.   Did you know that in 2020, pet ownership in the U.S. rose from 67% of households to an all-time high of 70%? That’s according to Steve King, president, and CEO of the American Pet Products Association (APPA), in a preview of the association’s …

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It is not an easily answered question – there are pros and cons, advantages, and risks. So, let’s discuss it, but before we start, we need to make one item very clear.   “The subject of improvements must be clearly defined in the lease.”  Some property owners forbid it outright. They prefer to take care of all improvements whether they …

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