Getting and keeping a good tenant is the lifeblood of your Arizona Rental Property. Taking the right steps to getting a solid tenant is even more important in Phoenix due to a high transient rental pool.
The first step to rental success is to list your vacant rental property for the right price. You need to be realistic with your expectations. How do you determine the right price for your Phoenix Rental Property?
There are several ways to determine market rent. The best way is to talk with people who are familiar with the rent market where your Phoenix properties are located. At RPM West Valley Phoenix, we have vast experience and will give you a straight answer to what rent you can expect for your Phoenix Rental Property.
The next thing to do is to prepare your vacant property for your prospective renters. It is important that this preparation is done the right way. If you do a poor job and use cheap materials and lame workers, the house will not show well. If you prepare your house well, you will increase the odds of getting the ideal tenant and your rental property will have a greater change of holding up throughout the tenancy.
Once you have rented your property there are some simple steps you can take to retain the tenants. At RPM West Valley Phoenix, we have observed several easy actions you can take to help keep a good tenant in place.
The first thing you can do to keep your tenants happy is to respond quickly to all legitimate maintenance items. Replacing a hot water heater quickly and restoring A/C service to your tenants during a hot Phoenix summer are two things you can do that your tenants notice.
When it comes time for the tenant to renew their lease, you need to pay careful attention to whether to increase your rent or not. Many times owner's who insist on a rent increase end up with a vacant property!
At RPM West Valley Phoenix, we can help you with tenant attraction and retention. Our staff has vast experience and can help you achieve your rental property objectives.