We all know that Covid-19 has found its way into the lives of everyone. This includes property owners and their tenants. And, annoying as a mask rule or stay at home order is, we’ve all begun to understand that there is a new norm. At least for now. When it comes to owning a rental
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What to Do with an Abandoned Rental Property in Phoenix, Arizona As a property manager, the last thing that you want to encounter is an abandoned rental property in Phoenix, Arizona. This situation can lead to legal troubles, sorting through someone else’s possessions, and wondering if you will ever recoup your lost rent. The scenario
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What to Do if Your Phoenix Tenants Filed for Bankruptcy Whether it’s the result of job loss or financial irresponsibility, tenant bankruptcy can pose problems with Phoenix landlords. It can quickly slam on the breaks of your rental income, leaving you wondering where to turn next. If you have a tenant who filed bankruptcy or
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Evictions in Phoenix are unpleasant, yet sometimes necessary, part of the income property owner experience. The reasons for eviction vary depending on the individual or situation, with the eviction process full of twists and turns. With “no-cause” evictions being deemed as unlawful and unfair, this leaves landlords needing “for cause” reasons on eviction proceedings. Knowing
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Real Property Management Phoenix Valley has been managing Phoenix rental homes for 14 years. Through our experience we have created the six successful steps of rental property inspections. We will share those steps with you in this blog. Step One: Review your lease agreement. Note how many occupants should be residing in the home. List
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One of the most important items a landlord will have is their Phoenix rental lease agreement. The more detailed and specific the agreement the better for both the property owner and tenant. In this blog we will discuss four important components of the lease including occupant names, late fees, legal notice fees & appliances. The
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This week our blog will focus on utilities & the AZ Landlord-Tenant Act. The Act states that your lease agreement must clearly list what utilities are the responsibility of the tenant. Additionally, the lease should specify whether the tenant is responsible for putting the utility into their own name. Often times with multi-family properties the
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The Arizona Residential Landlord Tenant Act (“ARLTA“) is the law governing most private, residential, rental agreements. In other words, the Arizona Landlord Tenant Act provides tenants and landlords with rights, obligations and remedies in the rental relationship. There are six sections in the act. In this post we will discuss the section on terms and
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Our latest podcast is now available and it closes our series on phoenix lease agreement must haves. To review; our first segment was about specific items to include in the lease. Then our second segment reviewed lease payment information. In this segment we discuss HOA addendum, pet agreements and lease end/move out verbiage. Our free
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So you have decided to make some extra money by renting out your home in Phoenix, AZ. Before making the leap, there are a few things you need to consider. Did you know that most states have Landlord/Tenant laws that can affect what you can and cannot do within the rental relationship? How about local health
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