Please contact us regarding any specific problems that you may have. We are happy to give you free advice or completely take over your negative situation and turn it into a positive for you. We have MANY landlord references that will attest to this!
Five Potential Problems We Can Solve
1. Problem Tenants
3. Accounting Problems
2. Repair Problems
Having owned hundreds of rental houses ourselves during the past 23 years, there is no situation that we haven’t already came across and solved. We enjoy the challenges associated with taking over a negative situation and turning it around to a positive for the landlord. We are not afraid of problems and can remove you from the situation and handle it for you, whether it be a consistently late paying tenant, or worse a tenant that needs to be evicted.
We’ve taken over many properties that the owner thought that repairs were not handled correctly. Some of those problems might be an overzealous manager, a dishonest manager, or even an unresponsive manager. If currently managing the property yourself, you may just not have the time or contacts to handle repairs effectively. We have exceptional subcontractors that are fairly priced that we use and you will benefit by using those. Managers that have employees that they use for repairs, usually mark those repairs up to gain financially from your problem. While we lived in Missouri we owned five properties here and that’s exactly what our property manager was doing. We will never do that and we also contact the owner via email for every repair no matter the size of cost for their approval before completing.
We have purchased expensive software that allows our clients 24/7 access to their accounts. You can generate every kind of report you can dream up, and for any time period that you prefer. This is going to save you a tremendous amount of headache at tax time. There is no need for you to request your monthly or year-end statement and then wait for the manager to respond. It is all there at your fingertips and updated in real time. You can even view repair invoices that we have paid on your behalf. Our current clients love this software!
4. Sales Tax
Every City in this area charges a rental tax to the owner. Most self-managing owners don’t realize this and are not in compliance. We have the licenses needed to collect the tax (on top of the rent), and pay it to the appropriate City on the owners behalf.
5. Not Being Familiar With the Arizona Landlord Tenant Act (ALTA)
The Arizona Landlord Tenant Act is the governing law for rental properties here. We are very familiar with the law and can help you be in full compliance as it pertains to your rental property. One of many examples of this would be the obligations that it spells out for landlords. Our attorney also wrote parts of ALTA and therefore we have that resource available when there are any specific questions or problems from either the landlord or the tenant.