Ultimately, regular inspections aim to protect, and if possible, improve the value of a landlord‘s property. In Part 1, we discussed the What, Why, and When of inspections. Today, we’ll talk about how to accomplish it. Property inspections correctly carried out, will ensure this tool benefits rather than hinders the landlord-tenant relationship and positively impacts tenant retention.   The HOW of rental property inspections:   Establish A Set of …

Continue reading “The Lowdown on Rental Property Inspections – Part 2”

Inspections are a crucial tool in the property management business. In fact, they rank as one of the very best ways to protect your income-earning rental property. Do you want your property to grow in value? Do you want to guard the earning potential for this property? Do you want to maintain a healthy cash flow?  Of course, the answer to all …

Continue reading “The Lowdown on Rental Property Inspections – Part 1”

Rentals America is pleased to announce the recent opening of our new office in Las Vegas, Nevada. Founded in 2007, Rentals America offers high-quality property management services for residential rental properties. Our mission is to provide professional excellence and customer service to make life easier for property owners, renters, and real estate agents. The Las …

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Rentals America cares deeply about the communities we serve. Our charitable program, Rentals America Cares, focuses on supporting food and sheltering needs for those in need. At the beginning of 2020, we set a goal to contribute 50,000 meals to Feeding America – the nation’s largest domestic hunger-relief organization. When COVID-19 hit our country in …

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Here’s the latest rental activity and trends for the Phoenix Metro area for December 2020… Closed Rental Units: 1,672 (5.37% decrease year over year) Median Lease Rate: $1,725 (9.87% increase year over year) Average Lease Rate: $1,887 (10.42% increase year over year) Average Days on Market: 25 (21.88% decrease year over year)

Communication. The essence of every relationship – from family, friends, and neighbors to your colleagues, kid’s teachers, service persons, and well, everyone in your life. Did we mention tenants? The ability to communicate effectively is vital to success in every area of life. So, let’s discuss the art of communication. We use communication both to …

Continue reading “Principles of Communication”

2021 Has Arrived – Bringing Several Trends in the Rental Market Like many businesses, the property rental market was turned inside out by the pandemic. Both owners and tenants are waiting to see what 2021 will bring. One thing we can count on is “change.” For those of you who are wondering what the experts …

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Sure, like everyone who has invested in a rental property, you need to collect as high of rent as possible. On the other hand, maybe a better choice of words would be “to collect as high of rent as reasonable.” After all, you don’t want a potentially long-term, reliable renter to walk away because your …

Continue reading “How to Determine A Fair Rent”

The challenge is on: Finding a quality tenant who will pay the rent on time and take care of your property. While some view this process as a race to the finish line, that may not be the wisest approach. Sure, you want to secure a renter in a timely fashion to keep your rental property profitable. But …

Continue reading “Screening Tips to Find Great Tenants”

When you and your tenant signed the lease agreement, and they moved into your rental property, there was a certain amount of trepidation on both sides. They wondered how approachable and reliable you would be when there were maintenance issues or disruptive neighbors, etc. They knew inspections were part of the scene, but frankly, they were hoping you …

Continue reading “Long-term Tenants and Leniency”