Monday, 30 March 2015

Case Study - Glendale, AZ Rental Market 2015

In mid-March, we started working with an owner who has a house in the Canyon Ranch subdivision in Glendale, AZ.

The house is a 3 bedroom, 2 bath home with 1,900+ sq. feet and a pool.

We manage several properties within Canyon Ranch. This property is located in a section of Glendale, AZ that is close to the Shopping, the 101 and I-17.


We listed the property on March 25th and a new tenant signed the lease on March 30.

The rental market in Glendale is hot right now.  However, dealing with the current state of rental application process can be a real time drain for an owner and you could be misled.

We have noticed that as the market is getting more competitive, the number of people who are trying to trick us is increasing. Applicants are lying about credit, rental history and income at an alarming rate.

Our process will weed these people out. We do some extensive work to sift through the pool of applicants. However, if you don't have an intricate screening system, you can be burned.

For the self-property managers out there who want to take caution against bad applicants, you can take advantage of our new tenant placement only service.

Our tenant placement service is great if you want a good candidate and don't want to waste your time dealing with crappy applicants. We can filter through the garbage and quickly get you a qualified tenant and save you time.

Our aggressive advertising for our property rentals in Glendale helps us rent homes in Glendale quickly.

If you are an RPM client, RPM pays to have your property advertised on many different websites and Craigslist. These advertising mediums are directed towards potential tenants who are searching for rental homes on their own.

RPM West Valley manages a large number of properties in Glendale, AZ and has extensive knowledge of many of the subdivisions in Glendale.

Arrowhead Ranch, Canyon Ranch and West Plaza are just a few of the subdivisions we manage properties in the City of Glendale.

There are 50+ subdivisions in Glendale, from Arrowhead Lakes to Windsor Square Estates. We manage properties in many of them and have the knowledge and experience in these areas to help.

Tuesday, 24 March 2015

Phoenix Rental Property With or With OUT Pets????


As Phoenix Property Managers most of our owners ask us for input regarding the question of pets or no pets so here are some thoughts on the topic from Phoenix Property Managers.

1. Allowing pets means a larger applicant pool in which to select a tenant meaning a greater chance of placing a qualified tenant in your Phoenix rental.

2. Allowing pest means a significantly faster time to place a tenant.  On average properties that are pet friendly rent in about half the time of a property that is not pet friendly.

3. There is no advantage to allowing small pets over large because if a pet is going to create damages it is going to be because the owner doesn't take care of them properly and that can happen regardless of the size of the pet.

4. Pets don't always mean more damages.....often times a small child can do more damage by writing/painting on walls than a pet can do and unfortunately you can't legally charge a "child" deposit but you can charge a pet deposit.

5. Not allowing cats doesn't seem to increase marketing time like not allowing dogs does even though only about .6% more households have dogs than cats.

6. If you have a Phoenix rental property and you are planning on keeping it for awhile, your best bet is to remove the carpet and install tile this way you can allow pets without the concern of carpet replacement.

Lastly, remember that even if you advertise your Phoenix Rental Property as not pet friendly it doesn't mean that your tenant won't sneak one in without your approval and if this happens you won't even have a pet deposit collected.  

Monday, 16 March 2015

Case Study - Goodyear, AZ Property Management March 2015

We have managed this property in the Sarival Village subdivision in Goodyear, AZ for seven years.

The house is a 3 bedroom, 2 bath and 1,900 sq. feet.

We manage several properties within Sarival Village, a subdivision in Goodyear, AZ .

This property is located in a section of Goodyear, AZ that is close to the Goodyear Ballpark,Shopping, the 101 and the 303.

We listed the property on March 2 and a new tenant signed the lease on March 6.

The rental market in Goodyear is good but can be tricky. Because we have detailed knowledge of the pricing in the Goodyear area, we have been able to lease Goodyear properties quickly and  to qualified tenants.  The new tenants moved in on 3/13/2015.

Our aggressive advertising for our property rentals in Goodyear helps us rent these homes quickly. If you are an RPM client, RPM pays to have your property advertised on many different websites and Craigslist. These advertising mediums are directed towards potential tenants who are searching for rental homes on their own.

RPM West Valley manages a large number of properties in Goodyear, AZ and has extensive knowledge of many of the subdivisions in Goodyear.

Sarival Village, Canyon Trails and Palm Valley are just a few of the subdivisions we manage properties in the City of Goodyear.

There are 50+ subdivisions in Goodyear, from Cantamia Estrella Mountain to Vanderbilt Farms. We manage properties in many of them and have the knowledge and experience in these areas to help.

Monday, 9 March 2015

Buckeye, AZ Property Management Case Study –March 2015

Our client has been with us for 3 years with a property in the Buckeye 320 (Santerra) subdivision in Buckeye, AZ. Her house is a 3 bedroom, 2 bath and 1850 sq. feet. We manage several properties within the Buckeye 320, a subdivision in Buckeye, AZ.

This property is located in a section of Buckeye, AZ that is close to the I-10 and the I-85.We have had good leasing success with this property and this subdivision.

We leased this property in 7 days last year and this year we had it on the market for just one day in March this year before the lease was signed.

Could Buckeye be the next hot spot for rentals?

In 2013, our collective vacancies in Buckeye had a 28 day median from list to lease.  In 2014, the median list to lease day for the rental properties we manage in Buckeye was 25.

This was still the highest for a city we manage in the West Valley but better than 2013. So far, in 2015 we have listed 5 properties and they have from list to lease day median is 10 days.

Could the scales be tipping in this quaint agricultural town? This will be something we will keep an eye on and we will see how our properties fare in 2015. We currently have over 100 managed rental properties in Buckeye.

Our aggressive advertising for our property rentals in Buckeye helps us rent these homes quickly.

If you are an RPM client, RPM pays to have your property advertised on many different websites and Craigslist. These advertising mediums are directed towards potential tenants who are searching for rental homes on their own.

RPM West Valley has extensive knowledge of the rental market of the subdivisions in Buckeye.

Festival Foothills, Sundance and Tartesso are just a few of the subdivisions we manage properties in.

There are 50+ subdivisions in Buckeye, from Acacia Crossing to Verrado.

We manage properties in many of them and have the knowledge and experience in these areas to help.

Monday, 2 March 2015

Peoria, AZ Property Management Case Study – February 2015

Our client came to us with a property in the Fletcher Heights subdivision in Peoria, AZ. The house is a 3 bedroom, 2.5 bath and 2,100 sq. feet. We manage several properties within Fletcher Heights, a subdivision in Peoria, AZ . This property is located in a section of Peoria, AZ that is close to the Arrowhead Mall and the 101.

We met with him at the property in Peoria on February 6th. He had managed this property himself but was looking for a property management company because he was going to be travelling. 

We assured him that we knew the Peoria market well and that our office was right down the street. In 2014, the median days on market from list day to lease signing for our managed rental properties in Peoria was 14.

Our client was happy with our process and liked that we had comprehensive knowledge of the Peoria rental property market.

We listed the property on 2/10/2015 and signed a lease on it on 2/16/15. The new tenants will be moving in on 3/3/2015.

Our aggressive advertising for our property rentals in Peoria helps us rent these homes quickly. If you are an RPM client, RPM pays to have your property advertised on many different websites and Craigslist. These advertising mediums are directed towards potential tenants who are searching for rental homes on their own.

RPM West Valley has a large number of properties in Peoria and extensive knowledge of many of the subdivisions.  Blackstone at Vistancia, Camino A Lago and Fletcher Heights are just a few of the subdivisions we manage properties in. There are 50+ subdivisions in Peoria, from Baskett Farms to Westbrook Village. We manage properties in many of them and have the knowledge and experience in these areas to help.