Tips for Rental Property Accounting Records

By Lisa Borchard Sunday, July 28, 2024

Maintaining accurate and organized accounting records is crucial for rental property owners and managers. Good financial records not only help in tracking income and expenses but also ensure compliance with tax laws, facilitate smooth property management, and aid in making inform...

How to Create Long-Term Stability for Your Property Management Company

By Lisa Borchard Sunday, July 21, 2024

Did you know that around 34% of people consider purchasing real estate to be a better long-term investment than gold or stocks? Many investors don't stop at buying one property to rent out. Building their real estate portfolio is a great way to increase their passive income.M...

Myths About Rental Property Pricing in Phoenix

By Lisa Borchard Sunday, July 14, 2024

Despite the staggering heat during the summer, people continue to move to the Phoenix area. The city's population has increased by around 12% in the past 10 years. Many people assume rental prices in Phoenix are high due to strong demand.It can be challenging to figure out ho...

Benefits of Online Portals for Owners and Tenants

By Lisa Borchard Sunday, July 7, 2024

In today's fast-paced digital world, the property management industry is embracing technology to enhance the experience for both owners and tenants. Gone are the days of paper trails, lengthy phone calls, and in-person meetings as the primary means of managing properties.Inst...

Phoenix, Arizona Accidental Landlord Tips

By Lisa Borchard Friday, June 28, 2024

An abundance of homeowners who are locked into their low mortgage rates from yesteryear is turning America into a "nation of accidental landlords".It's not just favorable mortgages that make people accidental landlords. Some people have inherited homes from deceased...

Essential Tips for First-Time Landlords

By Lisa Borchard Friday, June 21, 2024

As a first-time landlord in Phoenix, you're certainly excited about the journey that lies ahead. Being a landlord is a great achievement and you could be well on your way to economic prosperity.However, like most beginner landlords, you're bound to encounter a handful of ...

Essential Landlord Tips and Tricks From the Best Property Management Phoenix Offers

By Lisa Borchard Friday, June 14, 2024

Did you know landlords make an average of $97,000? If your revenue as a property owner is less, it's time to evaluate how you operate. With the right property management tips, you can maximize your earning potential.Not sure how to better manage your homes for rent? Read on t...

Decrease Vacancies With Creative Leasing Strategies

By Lisa Borchard Friday, June 7, 2024

Are you worried about vacant units becoming a burdensome expense? About 6.5% of rentals across the US are vacant. Without targeted rental leasing, vacancies could cost you thousands in revenue.Instead, use these tips to start leasing properties and improving your occupancy rate. ...

Landlord Rescue: How Phoenix Landlords Can Navigate the Process

By Lisa Borchard Tuesday, May 28, 2024

Being a landlord in Phoenix, AZ can be tough sometimes. During the pandemic, as just one example, some tenants took advantage of eviction moratoriums by not paying rent at all.The list goes on of ways that you, as a landlord, can be screwed. But it's not always the tenants wh...

Property Marketing Guide: Get More Qualified Leads in Phoenix, AZ

By Lisa Borchard Tuesday, May 21, 2024

US existing home sales have experienced a steady decline since February 2023. Most homes sell in a median of 32 days. With effective property marketing, you can find a qualified buyer faster.Otherwise, your property may sit on the housing market for months. You could feel incline...