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5 Things For DIY Tucson Landlords To Know.

Rental properties in Tucson are abundant – and I am pretty sure not every rental home is being managed by a licensed property manager.  I know this for many reasons – the top two reasons I know this are:  1) potential tenants who call and start by saying, “You aren’t going to believe what the owner of the house is doing…that’s why we are moving.”  And, 2) a property owner who calls and begins by stating, “I am tired of managing the tenants ….”

Here are 5 things for do it yourself landlords to know:

Get a copy of the Arizona Landlord Tenant Act and follow it to the letter of the law.

Screen your tenants very carefully – yes, it will cost money to screen tenants – but it’s cheaper than what could happen with a bad tenant.

Don’t make verbal agreements – get things in writing.  But if you do make a verbal agreement, remember, in Arizona, it’s binding and if you promise a tenant something – they will remember it.

Don’t try to cut corners on repairs – fix things right the first time – if it is better to replace it – do it – this is also cheaper in the long run.

I do not give free advice, legal advice and I will not tell a DIY how to get out of a bind – nor will I begin to manage or take over a property when the situation is desperate or to the point of eviction.  That said, don’t call a property manager to get free advice – you probably won’t get it.

Buying or selling Tucson real estate, Mt Lemmon, Tucson bank-owned homes, Tucson rental homes, or Tucson lease option homes? Visit www.KGCPropertiesLLC.com .

                                                 

 

This blog is written with my opinions and my opinions are  presented with accuracy but not guarantees. Please talk to a professional before making any real estate, financial or agency decisions.    Gabrielle Kamahele Rhind - 2014. If you want to reprint parts of this - just email me for my permission: KGCProperties@gmail.com .

 

Comment balloon 3 commentsGabrielle Kamahele Rhind • January 29 2014 10:19AM

Comments

Gabrielle

Your tips for rentals are right on point and can be applyed in any market.

Good luck and success.

Lou Ludwig

Posted by Lou Ludwig, Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC (Ludwig & Associates) almost 5 years ago

We still have a shortage on rentals here and as such rents are moving up still and helping us to sell vs rent. 

Posted by Florida Tolbert Team Keller Williams Advantage, Keller Williams Land Division Specialist (Keller Williams Advantage III Realty in Lake Nona) almost 5 years ago

My advice to these landlords would be to call you, Gabrielle, and leave the management to a professional.

Posted by Gabe Sanders, Stuart Florida Real Estate (Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales) almost 5 years ago

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