An increasing amount of Americans are finding that renting their home has become old news, and that homeownership is moving its way to the top of their futures “to-do list”. According to a survey
Sell a Home in La Crescenta-Phoenix AZ 85027--Call 480-382-9681La Crescenta is a great community in Phoenix AZ! The La Crescenta community is located in the North part of Phoenix Phoenix Metro area
I would suggest you ask for an addendum generally unless there is a reason one party is set back monies or position items can be negotiated depending on your personal modifications.
I would say I errored and did not remember some term that was important to me rereading the lease I wish to ask for an addendum if all parties agree then there are no penalties generally
Gregory Suiter 602-410-3329
All referrals are handled with great care with nearly forty years of experience and negotiations in Corporate america up to 1 million dollars per transaction.... more
It is difficult to know for sure, even if the prospective tenant has excellent credit. But you are correct in that there are a lot of people looking to rent who have recently lost their homes to foreclosure. That is a fact of the current market. You need to make sure that their income vs. debt ratio supports the rent that you are asking first of all. That they have a steady work record and if they are tenants who have rented before, you will have references to check with. There are also online services that landlords can use to report tenants who do not pay their rent on time or other negative experiences. You would want to consult with these services as well. I can only recommend that you do as thorough a check as possible, but no matter what, there are no guarantees. Good luck renting your property!... more
We handle Property Management out of our Brokerage. I'm the designated broker and personally handle the property management side of the business.
How large is your portfolio and where is it located?... more
You could move along the light rail route they are expanding in the east valley and further north you can go to http://www.valleymetro.org/metrolightrail for more information. It now can take you to the airport or downtown even into the Tempe area. You could even rent a home for while to get the feel of an area before you buy. There are so many great areas in town and all very different in their own good way!... more
Here's hoping you found a nice rental last year and locked in a low rate, one that can stick for, oh, about three years. That's because — and we're so sorry to report this — the rental market has once
First, I would suggest that your son pick up a copy of the lease from the landlord. If he signed it, my guess is that he signed and acknowledged that he received a copy of the Arizona Residential Landlord and Tenant Act. He is not going to get much sympathy from a judge if his signature is on the lease.
Most likely the lease say that both tenants are individually and fully liable for the rent payments.
Your son probably has a claim against the roommate (Did he and the roommate enter in to a contract?) . He may be able to find another tenant for the space. It will be set forth in the contract. My advice is to seek help from a real estate lawyer now rather than wait for the situation to get worse when he does not pay the bill.... more
The Arizona chapter of the National Association of Property Managers has a weath of information. I've put their web site link below. Also, you might try Googleing "Property Management Arizona" and calling some of the pros. You might find some great info from them as well.
Sorry I don't have a recommnedation myself, with just a few units QuickBooks Pro words find. Intuit also makes Quicken Rental Property Manager. I've found most of their products do a good job.
Best to you,... more
Life as a landlord may be tempting to homeowners who can't sell their homes and to others looking to add properties to their investment portfolio. Many costs associated with rental properties catch novice
I am so sorry that other Realtors have dropped the ball. It is unprofessional and every client deserves better!
Please email me or give me a call on Wednesday and let's talk about your needs in a home.
Nextage Realty Professionals
Renters today are at increased risk of fraudulent activity. This post will assist renters identify the red flags that suggest advertisement, owner or property manager is a scam. Methods to protect yourself
I am a property manager and own rental property. With your assets and if you have no credit issues, I would expect you will not have a problem. You will probably need to document your assets.
If you run into any issues, offer additional deposits or prepaid rent. That will usually offset any income issues.... more