As a property owner there are many responsibilities that fall on your shoulders. One of those responsibilities is handling late rent notifications when your tenants are behind on their rent. If you aren’t quite sure how to handle the event, here are three tips to keep in mind:
1. Be consistent- As a property owner you need to be extremely consistent with late rent notices. If you are giving your renters flexibility then there is a good chance that they will start taking advantage of you. If you let them get away with a late payment once, then there is a probability that they will try to do it again.
2. Hire a process server- One of the best ways to handle a late rent notification is to have a process server deliver the notice to your tenants. Having someone serve the notice is fairly inexpensive and will help you cover all of your bases legally. Another benefit of using a process server is that you will help your tenants understand just how serious you are about getting your rent.
3. Don’t wait to evict- Even though it may be really difficult for you to do, if you have a renter who isn’t paying rent, then you need to evict them. Every day that you let them stay in your property without paying it is costing you money. You have to look at your rental property as a business investment, and if you want it to survive it needs to be profitable.
At RPM East Valley is an experienced Chandler AZ property management agency. Our job is to take care of the hard work so you don’t have to. We can handle late rent notifications so that you don’t have to worry about it. Give us a call today for more information on the services we provide and for a free quote. (480) 719-1243
Pros of Property Management Service
When it comes to owning a rental property there really are a ton of responsibilities. If you have a full schedule, then a property management service can really help you handle all the things that are on your plate. An experienced property management agency will be able to help you with just about everything, including: advertising the property, preparing the lease agreement, performing a background check, collecting rent, and handling repairs.
Another pro of using a property management agency is that they usually have inside connections with contractors and can get you special pricing on any maintenance that needs to be completed.
Cons of Property Management Service
One of the cons of a property management service is that you can make more money if you do everything yourself. You will have to pay for the fees of the service and if your sole purpose is to make money then you may be better off handling it yourself. Before you get caught up in all of the dollar signs you need to realize just how time consuming and difficult it can be.
Something else you may want to consider is whether or not you have to sign a contract with the management company or not. There are are some agencies that will require you to sign on for a predetermined amount of time and to some, that isn’t the flexibility they are after.
To find out how much you can rent your property for, contact Real Property Management East Valley today! (480) 719-1243
Whether or not you are a fan of the cold weather, you do need to be conscious of the effects ice and snow can have on your home. Taking the necessary steps to protect your home, will help you keep your home looking nice when things start to warm up again. Here are three simple things that you need to do to keep the snow from causing harm to your home:
1. Seal the deck- When things get cold and wet, one of the places that sees the most wear and tear is the deck. If your home has a wood deck then you need to make sure it is protected from the moisture of the snow. Talk to a specialist and see what type of sealant will be best for your wood deck so that when the snow melts in the spring, the deck looks just as beautiful as it did the last time you saw it.
2. Get it off the roof- One of the most important things you can do to protect your home from snow, is get it off the roof as soon as possible. It is easy to forget just how heavy snow is, and if you leave a foot or more of it on your roof, then you could end up causing damage to your roof. When the weather lets up and you get a chance, you need to try and sweep off as much snow as you can to reduce the amount of weight that is being supported up there.
3. Use ice melting salts and heat tape- There are some ice melting salts and heat tapes that you can use in your gutters, to help keep the heavy ice and snow out of the gutter. If you leave it on there, there is a good chance that the gutters will give way under the pressure and leave you will costly repairs. It is much more simple to be proactive and prevent the damage in the first place.
For help maintaining your rental property, call RPM East Valley today! (480) 719-1243
As you prepare your rental for a new set of tenants, there is undoubtedly a long list of things you need to get done. Even though most of those items are probably related to maintenance, there are a few cosmetic things that you should do as well. Here are three simple things that you can do to prepare your home for new renters:
1. Fresh coat of paint- If you are getting your home ready for new renters, one thing that you can do to really making your property look nice is give the walls a fresh coat of paint. A new coat of paint can help to remove any smells that may be remaining from the previous renters, and will help give the property a “new” smell.
2. Clean the carpets- One of the easiest ways to help your rental property look brand new for your new renters, is to get the carpets cleaned professionally. When your new renters walk in, they’ll be amazed at how clean the carpets look and it will make the transition for them seem so much nicer.
3. Inspect the appliances- Finally, it is a good idea to inspect all of the appliances to make sure everything is in proper working order. Making sure that the appliances are working well will help ensure that your new renters are happy with their experience and won’t have anything to complain about. If you do find any problems, inspecting things early should give you enough time to get things repaired.
For more tips on property management check out our blog, or give us a call! (480) 719-1243
While there are many things that need to be taken care of when winter comes, one of the most important things you can do is perform winter home maintenance. You want to make sure your home is prepared for the winter so that you are safe and don’t waste any money on energy. Here are three tips for getting your house prepped for the cooler weather of winter:
1. Inspect the heater- One of the first things that you want to inspect as winter rolls around is the heater. It is important that your heater is working efficiently otherwise you are going to spend a lot of extra cash on your energy bill. You should call a specialist to come out and look at your heater and see how well it is working and if you should expect to repair or replace it in the new future. Sometimes if a heater isn’t working well you can actually replace it with a new unit for less money than it would cost you to get a new one. Even if the heater does cost you some money to replace it, there is a pretty good chance that you will save enough money on your monthly energy bill to offset the cost fairly quickly.
2. Reverse the ceiling fans- Even though it may sound counter-intuitive, one of the best things you can do to prepare for winter is reverse your ceiling fan. You may feel like running your ceiling fan will just make things colder, but if you reverse it, then it can do a great job spreading the heat around the room. This will actually help the room to feel warmer without having to run the heater as much.
3. Clear the gutters- During the winter one of the things that you need to keep an eye on when it comes to maintenance are the gutters. Grab a ladder and take a good look at them and make sure they aren’t clogged with leaves and other crud from the weather. One of the easiest ways to clean the gutters is to use a power washer and use it to spray all of the junk out of your gutters. If you try and do all of it by hand you could spend your entire day working on it.
4. Clean the chimney- Another thing that you want to inspect during the winter is your chimney. Call a professional to come out and take a good look at it and also clean it if necessary. It is important that you have it inspected and cleaned before you use it. Once it is ready then you will be able to use it all winter long and enjoy curling up by a nice fire.
For more home tips, and advice for rental properties, check out our blog.
Everyone who has ever owned a rental property has asked the question: how do I fill my property with renters? It is the ultimate goal of any rental property, and it is the reason why the owners invested in the first place. While there are several different ways you can go about answering this question, here are a few of the basic things you can do to fill your property with renters:
1. Keep it well-maintained
One of the best things you can do to spark interest in your rental is to keep it well maintained. You want to make a solid effort to make sure the yard is well cared for and that things never get overgrown. As people look at your listing online and drive by in person, this will be one of the first things they look at and a good first impression is really crucial.
2. Price it right
If you are struggling to find someone to rent your property, then you need to take a good look at the market and see if it is priced appropriately. Sometimes your property may not be able to bring the monthly price that you had hoped for and you’ll need to lower to asking price to generate more interest.
3. Get a property manager
One of the best ways to get the rental filled quickly is to work with an experienced property manager. They will have a great network of connections and may be able to find someone for your rental. Additionally they can help you to market your rental online to drive more potential tenants.
At Real Property Management East Valley, we work directly property owners to help them fill their rentals, will quality tenants. If you are looking to fill your property with new tenants, give us a call today and see how we can help. (480) 719-1243