AZ Residential Management specializes in professional leasing and management of single residential homes and condominiums. We understand that you see your property as an investment; our company works with owners to help protect and grow their investments. We specialize in the valley-wide Phoenix market and have experience in managing residential rental properties specific to that area. No matter the property, you can rely on us to take away the operational nuances that come with investing and leave you to start raking in the profits.
Our commitment to professionalism and customer service is our greatest priority!
We insist that properties taken under management be in good condition. We will perform an initial inspection of the property and recommend needed repairs to improve its marketability. We obtain estimates and coordinate all work that you approve. After evaluation, we will offer recommendations that will improve the ROI of your property and discuss the pros and cons of certain policies you can implement, such as allowing certain modifications to your home.
Keeping your property well maintained helps to attract the best tenants, and it reduces your exposure to liability. Both the interior and exterior of your property will be clean and attractive when we show it.
We employ aggressive techniques to lease your rental home quickly, and to the right tenant. A large part of our advertising includes the Internet. Your rental appears on numerous websites, including our own, Hero, MLS, Trulia, Zillow, and many others. We take professional marketing photos and create targeted ads to enhance the listing.
We will also advertise your property through other commonly-used mediums, such as print publications, signs, and fliers. Before marketing, our company will take steps to prepare the home for rent, including cleaning, landscaping, and organizing the interior for optimal appeal.
We want reliable and qualified tenants just as much as you do, and we pride ourselves on the quality of tenants we attract. Our extensive tenant screening and lease procedures help to ensure this. We do a thorough credit, criminal, and eviction check. This includes checking history with the credit bureau, verifying employment, and checking all provided references, including past landlords. We crosscheck landlord references with local property tax records to confirm their legitimacy and accuracy. If an applicant is not accepted, we will be sure to notify them immediately.
To offer you maximum protection, our leases and addendums are based on years of experience and comply with all state and federal laws. Prior to possession date, we will prepare a written move-in checklist along with 300+ pictures to document the condition of the home. We will also review the lease guidelines with the tenant and ensure all agreements are understood and properly executed.
Strong collection policies and immediate eviction in case of a problem spare you from difficult and costly situations. We know that the collection of rent is one of our most important functions of managing your property. Our services will help you to receive rent on time, keep track of late payments, and enforcing late fees with minimal hassle. As part of the tenant move-in process, we will also help to collect first months rent and security deposit.
We do all the bookkeeping chores for you. Our computer system keeps complete and accurate records of every income and expense that affects your property. We can also make payments on your (the owner) behalf and advise on relevant tax deductions.
Our convenient monthly and yearly statements as well as the yearly 1099 simplify the job of tax preparation for you and your accountant. Copies of all invoices are included with your monthly statements and are uploaded to your online account for convenient viewing on your schedule.
Our company can also help maintain all historical records pertaining to your property, such as inspection reports, invoices, and leases. We can also provide detailed expense documentations such as invoices, receipts, easy-to-read, itemized expense breakdowns, and more.
We handle all maintenance requests from tenants utilizing our resources of qualified and reasonably priced vendors. We deal with this daily so we know what repairs should cost and how long they should take to complete. In addition to providing a network of licensed, insured contractors, we obtain competitive bids and consult with you prior to any major repairs. We will then assign jobs based on the best man for the job. Whether you need outdoor areas maintained (such as the removal of trash and debris) or indoor repairs (such as electrical) we will find a quality contractor as soon as possible. In addition to necessary repairs, we will provide recommendations on how certain repairs can maximize your investment.
When a HOA violation occurs, we make sure that the tenant is notified immediately to remedy the situation in a timely matter. Should violation fines get assessed by the HOA, they are charged to the tenant and are required to be paid with their next month rent payment.
When the AC stops working or the toilet overflows at midnight, we get the call; you get the sleep. We are available 24-hours a day to respond to emergencies.
Of course, nobody wins when an eviction must happen, so it is always best to try to find a solution with the tenant. But allowing a habitually late paying tenant to remain forever in arrears only postpones the inevitable day when they skip out owing you rent, and possibly leaving your property a wreck. In Arizona, when the steps are executed properly eviction for nonpayment of rent is fast and certain.
We will inspect your property and report on its condition, clean the unit, make necessary upgrades, re-key the locks, and help you put the property back on the market. If there was damage noted in your inspection, we will estimate the cost and alert your tenant to what they owe.
For property management you can trust, contact AZ Residential Management. We are committed to providing the best property management solutions and customer service possible to the valley-wide Phoenix area. Call (480) 444-2574 to learn more.