Pricing Your Phoenix Home to Rent

Pricing Your Phoenix Home to Rent

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…

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3 Best Renovations for Your Rental Property

3 Best Renovations for Your Rental Property

Renovations are a great way to increase the value of your rental property, attract renters and diminish vacancies. For these reasons and more, you should consider renovating your property. However, when renovating, it is important to invest in upgrades that will help enhance the value of your property. It’s a good idea to analyze which amenities matter to renters in order to assure the best returns. This can help ensure that potential residents will appreciate the refurbishing, leading them to renew their tenancy. Additionally, it can also m…

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Top 7 Amenities Renters Can't Resist in Phoenix

Top 7 Amenities Renters Can't Resist in Phoenix

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…

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Squatting Laws in Arizona - An Overview

Squatting Laws in Arizona - An Overview

Defining Squatter’s Rights in Arizona Adverse Possession is a form of squatter rights. If a squatter resides in your Arizona property for a certain amount of time and meets a specific set of guidelines, then your property may be at risk of becoming theirs legally, even without an exchange of payment. As a landlord, you must familiarize yourself with the real estate law in Arizona to prevent costly issues down the line. Understanding Squatter’s Rights in Arizona A squatter must be in possession of your property for a certain period to gain Squa…

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How to Make Your Rental Property Your Own

How to Make Your Rental Property Your Own

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…

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