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Investments in a rental property could be financially rewarding. If you're thinking about investing in this type of property, be aware of the risks and requirements. Pricing your rental property effectively is crucial to ensuring the success of your real estate investment. Overpricing your rental unit as a landlord is risky since it scares away potential tenants. On the other hand, underpricing is no better because it means you're losing out on money. The focus of this post will be on how to price and market your Phoenix property for rent. Ho…

With so many rental properties to select from, tenants can base their decisions on the amenities offered. This means that ensuring that to keep your rental competitive in the market, you need to offer things that tenants want. But how can you decide as a landlord which features are worth your money? Some amenities are more appealing than others, depending on a tenant's demands or lifestyle. For instance, having a good parking place is vital for individuals who travel to work. More storage areas within a leasing space are preferred for folks who…

When renting your home, restrictions set in place to keep the space in good shape for future tenants can limit your decorating options. How do you manage to make the apartment feel like your home while still following the rules of your lease? Let’s take a look at some lease-friendly decorating tips you can use to turn a rental into a home: Paint & Wallpaper Check in with your landlord to know if painting walls or hanging wallpaper is allowed. If your lease states that you must leave everything as it was when you moved in, you may be able to…

Looking for an ideal investment in the Phoenix metro area? The real estate market in every Phoenix neighborhood is turning out to be quite the investment option for both new and seasoned investors. The Phoenix area has been experiencing a steady rise in population making it the fourth largest city in the country. This can be attributed to the stable, business-friendly environment created by the State of Arizona. Companies have been relocating their regional headquarters to Phoenix. Factors such as favorable regulations, growing economic sectors…

As a landlord, you may be hesitant to rent to tenants with pets due to the wear and tear that they can cause on your property. However, tenants with pets are not only easier to rent to, but they also provide you with many benefits that non-pet owners do not. By renting to tenants with pets, you'll be able to see higher occupancy rates and increased revenue for your rental property. Take a look at the following reasons why you should rent to tenants with pets today! Reasons You Should Rent to Pet Owners When tenants tell you they have pets, you…