Preparing for New Tenants

It’s a given – the greater your occupancy rate, the higher your rental property profit, but alas, tenants do leave. The key is a quick turn-around, which requires a plan of action for preparing your property for the next tenant. It begins with your rental agreements. Always include a damage/cleaning deposit and provide each tenant … Read More

First Time Landlord? Here’s What I Learned…

It was late in October, on a cold Colorado afternoon when my wife came to me with news of her new job opportunity. She was really excited and I was excited for her – until she told me where it was. “Move to Phoenix? Job starts in two weeks?”  I vividly remember the panic I … Read More

5 Common Mistakes Landlords Make

1. Not Properly Screening Tenants: Screening all occupants that are 18 or older helps ensure you find high-quality tenants that will care for your home. Screening should include credit, criminal history, eviction history and employment verification. It’s important to set minimum criteria for each to determine a qualified applicant. 2. Not Performing Routine Inspections: Inspections are important … Read More