Property Management Blog

By Damon Stratton - Sunday, October 27, 2019

5 Reasons Every Landlord Should Collect a Security Deposit

One of the most important things property management companies in Phoenix recommend landlords do is collect a security deposit. Though not required by law, a security deposit protects you from costly expenses should your tenant fail to pay rent or damage your property. And tru...

By Damon Stratton - Wednesday, October 9, 2019

What Can Phoenix Property Management Help Me With?

Self-managing a Phoenix rental property is often a lot more work than owners expect. In fact, managing your rental may be so much work that you might be asking, "What can Phoenix property management help me with?" If this is the case, it's a good idea to find out exactly what ...

By Damon Stratton - Monday, August 19, 2019

How to Market Your Vacant Rental Property - Top 5 Tips

Property owners near Chandler, AZ (or anywhere else for that matter) never want to deal with vacancies. After all, any time your investment property is empty, you lose money. But the truth is that vacant properties are a part of the rental property business. And dealing with them...

By Damon Stratton - Thursday, July 4, 2019

The 4 Most Common Rental Agreement Mistakes Landlords Make

Having a universal lease agreement you use with every tenant sure makes things a lot easier. This is especially true if you self-manage your rental property and already have a lot on your plate. Plus, if you’re in a rush to fill a vacancy, it can be tempting to print out ...

By Damon Stratton - Wednesday, June 5, 2019

What to Do If Your Tenant Files for Bankruptcy in Phoenix

One of the worst things that can happen to a landlord trying to run a profitable income property business is to have a non-paying tenant. When this happens, your Phoenix property manager must start the eviction process. And this can take months to resolve. Meanwhile, you’r...

By Damon Stratton - Friday, May 17, 2019

Getting Paid: How to Collect Rent from Tenants in Mesa, AZ

Investing in a Mesa rental property has the potential to generate a lot of positive cash flow for you. But only if you successfully collect the rent each month. That’s why establishing a consistent process for collecting rent from your tenants is crucial to your success as a...

By Damon Stratton - Tuesday, February 26, 2019

7 Mistakes That Are Costing Phoenix Landlords Big Time

Becoming a Phoenix landlord isn’t a hobby, it’s a way to make money. And if you do it right, owning rental property has the potential to net a steady, passive income that you can rely on. Unfortunately, many landlords make costly mistakes that dip into their profits and ...

By Damon Stratton - Wednesday, January 30, 2019

How to Create a Welcome Package Your Tenants Will Remember

The way you welcome new tenants into your rental property can set the tone for the rest of the lease term. After all, you want your tenants to feel like they matter as they move into what they’ll now be calling home. Up until now, you’ve looked deep into your tenant’s li...

By Damon Stratton - Thursday, December 20, 2018

3 Proven Methods to Find Property Management Companies Near Me

Self-managing your Phoenix, AZ rental property can be stressful. You’ll quickly find yourself fielding questions, handling repair requests, and hunting down rent from tenants. Plus, don’t forget all the paperwork that comes with owning a rental property. But owning an i...

By Damon Stratton - Tuesday, November 20, 2018

6 Rental Home Security Tips for Landlords and Property Managers

One of the most difficult challenges facing landlords today is Phoenix rental home security. After all, your tenants expect you to keep them safe from break-ins and theft of their personal belongings. But not being around 24/7 to watch your property and ensure that it remain...