At GoRenter.com We Understand That A Picture Is Worth A Thousand Words…

But a video is worth much much more!  Time is money and we know that most of our clients start searching for a rental home from their computer long before they ever even give us a call.  Old, out-dated websites with only one or two pictures lack the ability to attract viewers interest and that is exactly why GoRenter.com focuses on taking video on most of our available rental properties.  Our videos share our available rental homes features and give any potential renter the ability to find exactly what they are looking for before they even have to leave their own home.  We post these videos on our website as well as YouTube.

Technology Is Great Isn’t It!

GoRenter.com Social Network

Effective marketing in the Web 2.0 or should we say Marketing 2.0 age puts the consumer in control of researching and analyzing the types of homes fit for them.  Social networking communities such as Facebook, Twitter, and MySpace allow users to share content they find on our site with friends and family easier than ever.  We actively participate in these online communities and share tips and tricks to make the rental process smooth and enjoyable for our clients.  Users can also social bookmark our content or send potential rental properties they find to their email!  They can also quickly compare rentals, schedule appointments to view a home, and even download our rental contracts all with the click of a mouse. 

No other property management company in Arizona utilizes these online forums as much as the property managers at Go Renter.  We have an aggressive online marketing strategy that builds community trust and educates our clients enabling them to make informed decisions.  Our online search engine optimization program ensures that we stay #1 for the local and national search terms we target giving the most online exposure to any property we manage for our investors!  The GoRenter.com Property Management Blog is packed with useful information that helps real estate investors maximize their return on investment as well as helps potential renters learn the process and laws pertaining to renting a home in Arizona.  So if you a real estate investor in Arizona and are searching for a premier property management company in AZ, give us a call (602-512-4406).   It is our guarantee to provide top notch marketing as well as service with integrity in order to earn you business!  If you are a renter searching for a home for rent then take advantage of our advanced searching tool and online information center to help you find the perfect rental home for you and your family!

Currently we actively manage homes for rent and market rental homes online in the following cities:

Phoenix Homes For Rent, Glendale Homes For Rent, Tempe Homes For Rent, Chandler Homes For Rent, Mesa Homes For Rent, Gilbert Homes For Rent, Scottsdale Homes For Rent, Avondale Homes For Rent, Tolleson Homes For Rent, Peoria Homes For Rent, El Mirage Homes For Rent, Surprise Homes For Rent, Buckeye Home For Rent, Apache Junction Homes For Rent, Cave Creek Homes For Rent, Carefree Homes For Rent, Goodyear Homes For Rent, Maricopa Homes For Rent, al  Park Homes For Rent, Paradise Valley Homes For Rent, Queen Creek Homes For Rent.

All Of Us At GoRenter.com Want To Wish You A Merry Christmas And Happy Holidays!

We are so thankful for all of our clients, and the trust you all put in us for all your property management and Arizona rental homes needs.  Our property management specials and aggressive advertising will continue to bring the most rental home inventory in the Valley and we look forward to serving you in 2010!

The GoRenter.com Team

Happy Thanksgiving From Arizona Property Management Company GoRenter.com

This year has been one of change, growth, and many blessings…so all of our Arizona property managers at GoRenter.com wanted to take a second and thank all of our clients (both investors and renters) for their business.  We are happy to be able to serve you and look forward to many more years of business together.  So from all of us at Arizona’s #1 property management company GoRenter.com we thank you and wish you a happy holiday today!

Happy Thanksgiving,

The GoRenter Staff

GoRenter.com Reviews Various Real Estate Tax Deductions For Arizona Landlords.

ARIZONA PROPERTY MANAGEMENT COMPANY EXPLAINS THE TAX ADVANTAGES FOR ARIZONA RENTAL PROPERTY OWNERS

Year in and year out, landlords across the nation pay more taxes on their rental income than they should because of their failure to take advantage of all the tax deductions available to them as owners of rental property. With the current Arizona real estate market heating up due to record low home prices, more and more investors are purchasing Phoenix-Metro rental homes. And although rental real estate provides more tax benefits than almost any other investment it is up to you the landlord to find out how to take advantage of these deductions to your benefit.  For these benefits can mean the difference towards profitability, generating passive income or losing money and perpetually draining your bank accounts.  GoRenter.com, an Arizona property management company explains the different tax advantages available for landlords.

Here is laundry list of tax deductions for owners of small Arizona residential rental properties:

1. Home Office

As a landlord you may deduct your home office expenses from your taxable income, provided that it meets certain minimal requirements.  This deduction applies not only to space devoted to office work, but also to a workshop or any other home workspace you use for your rental business. Whether you own your home or reside in an apartment or as a renter, this deduction can still be applied.

2. Legal and Professional Services

In order to run a successful rental business, you will need to have a team of professionals to help you navigate the ups and downs of being a professional landlord.  From attorneys, accountants, property management companies, real estate investment advisors, and other professionals.  As long as those fees are incurred due to your rental activity they can all be deducted as operating expenses.

3. Contractors

You will have maintenance to do on your Arizona rental homes.  Whenever you hire anyone to perform services for your rental activity, get your estimates/invoices broken down into parts & labor.  You can deduct their wages as a rental business expense.

4. Repairs

Repairs are a natural part of being a landlord and those expenses are fully deductible in the year in which they take place. Fixing leaks, replacing broken windows, plastering, repainting or fixing floors are all examples of deductible repairs.

5. Insurance

Fire insurance, Theft insurance, Hazard insurance.  Almost any insurance premiums you pay for due to your rental activity are deductible.   Additionally if you have employees, the cost of their health and workers’ compensation insurance are deductible as well.

6. Casualty and Theft Losses

Casualty losses are losses incurred f your rental property is damaged or destroyed from a sudden event like a fire or flood.  If this were to occur you may be able to obtain a tax deduction for all or part of your loss. Typically you won’t be able to deduct the entire cost of property damaged or destroyed by a casualty.  How much you may deduct depends on whether the loss was covered by insurance and how much of your property was destroyed or damaged.

7. Depreciation

When you purchase a house for the purpose of turning it into a rental, the actual cost of that house is not fully deductible in the year in which you pay for it. However through depreciation, landlords get back the cost of real estate by deducting a portion of the cost of the property over several years.

8. Travel

As a Landlord you are entitled to a tax deduction whenever you drive anywhere for your rental activity.  For example, is you drive down to the supply store to pick up parts for some repairs or go “on-site” to meet  to handle a tenant dispute you can deduct your travel expenses.

You have two options for deducting your vehicle expenses. You can:

• Deduct your actual expenses (gasoline, upkeep, repairs).
• Use the standard mileage rate which is .55 cents per mile for 2009.   Be sure to consult your accountant on how to qualify for the use of the standard mileage rate.

If you travel overnight for your rental activity, airfare, hotel bills, meals, gasoline and other expenses are all deductible. In order to avoid scrutiny keep careful records of all expense incurred while you travel and back those up with the right records such as receipts.

9. Interest

Typically this can be a landlord’s single biggest deductible expense.  Interest on credit cards for goods or services used in a rental activity and mortgage interest payments on loans used to acquire or improve rental property are the two most common interests that can be taken as a deduction.

10.  Corporate Structure

While not a deduction in of itself per se, Depending on your long term investment strategy your choice of business structure helps to determine not only which tax deductions are available to you, but also how to best protect your investments.  So make sure you consult a good attorney & tax accountant in order to understand how to approach your business as a good sound real estate investment strategy.

About The Author GoRenter.com

GoRenter.com is a leading provider of professional residential property management services in the Phoenix-Metro area. We are dedicated to maximizing the return on investment for our property management clients while maintaining quality housing opportunities for our rental residents. We manage all residential rental properties including single family homes, condominiums, townhomes, and duplexes. Our mission is to offer personalized and professional service to both our clients and customers by building strong relationships, utilizing the latest technology, implementing effective marketing strategies, following consistent systems all with honesty and integrity throughout every facet of our business. We are confident that our property management team will exceed the industry standards in the services we provide. 

Interested in buying a Arizona investment properties?  Check out our revamped website GoRealEstateInvestor.com and see a HUGE inventory of available Arizona investment houses sold at wholesale prices!

GoRenter.com Is Proud To Announce Its Revamped Arizona Investment Property Website www.GoRealEstateInvestor.com.

For over two months GoRealEstateInvestor.com (sells discounted real estate in Arizona) has been under construction.  The new property wholesale website is finally here.  With a fresh new look, real estate investor online tools, discounted properties, and tons of useful investor articles and news the new site is sure to be a hit with local and out of state real estate investors looking to capitalize on the current opportunities in the Arizona real estate market.  For years GoRenter has been Arizona largest investor friendly property management company specializing in helping real estate investors mazximize their return-on-investment by finding qualified tenants quickly.  Now they are expanding their full-circle service to include helping those same investors find, analyze, purchase, repair, and rent residential and commercial properties valleywide and the timing could not have been better.

THE ARIZONA REAL ESTATE MARKET IS HAVING A FIRE SALE!!!

Thats right…never have we seen a better opportunity to capitalize on the real estate market than RIGHT NOW!  Over the last 10 months we have seen record low prices on single family residences all over the entire valley and many investors are starting to jump of the opportunity of a lifetime and own cashflowing rental properties in the Phoenix – Metro area for the first time in a long time.  GoRealEstateInvestor.com is a direct result of the sale thats happening right now.

WHAT CAN GOREALESTATEINVESTOR.COM DO FOR ME?

GoRealEstateInvestor.com simplifies the buying process by finding opportunities in the marketplace that you can purchase right now.  You see if you try and buy a short sale or bank owned home in Arizona you are competing against countless other investors and greedy banks that want a bidding war.  In many cases the low advertised price isn’t the actual final purchase price…just a teaser.  Trust us, we have chased many REO’s only to have the price bid up to the point the investment didn’t make sense anymore.  Why wait months and months waiting for an answer from a bank that wants too much money when you could buy discounted real estate from us and we will make a decision the same day!  Here are some of the reasons to buy from us:

 So if your looking for foreclosures for sale in AZ check out our new Arizona Investment Properties site and contact us at 602-512-4416 for a FREE one-on-one consultation with one of our real estate investment specialists today.

Fact: The cost to replace a tenant is more than 3 times the amount to keep one.

Fact:  Tenants are finicky and it seems like the best ones are always the ones that want to leave.

Fact:  Without long term retention you will not produce passive income and generate equity for your investment portfolio.

5 KEYS TO LONG TERM TENANT RETENTION BY ARIZONA PROPERTY MANAGEMENT COMPANY GORENTER.COM
 

Depending on what report you read, 30% to 40% of the nation’s population are renters.  Despite the sheer number of available renters, the competition to land quality, qualified tenants has never been fiercer.  So obviously it’s important to retain and keep happy a good tenant once you have them placed in your rental. 

Consider this.  Let’s pretend you have a rental property in Arizona that typically has an average rental income of $1200 a month.  Your old tenants just moved out and the average time it takes to market, find, and qualify a new tenant is around 60 days.  Let’s not forget to factor in any cleaning costs, the costs of any repairs, screening costs, and the costs of any marketing you may have to do.  Add up all the time and money this process can take and we can conservatively say these costs can be around $3500.  Unless your full time job is being a landlord, why would anyone want to run around pretending to be a money-collecting maintenance man?

The following keys you are about to read will help you to find success in generating long term rental cash flow by utilizing a professional property management company such as www.GoRenter.com. 

1)   Communication/Response Times

When a tenant has maintenance issue, be sure to respond in a timely fashion.  Do you have a 24hr call service or hotline set up & available?  Are you able to respond quickly or do you let the issue go on for several days or more.  Either handle the maintenance issue quickly or if you can’t afford to, immediately communicate to your tenant when you intend to do so.  This will go a long way towards avoiding tenant/landlord disputes.

Disputes are a going to happen given the nature of the business.  That’s okay.  Just make sure there is a system in place to address them quickly and fairly.  By establishing clear communication, it will keep all expectations above board and help to avoid resentment.

Follow up:  Keep all communications in writing.

Be sure to ask your property management company to follow up ALL verbal communication with an e-mail reiterating the key points in your conversations.  A good lead in is: I wanted to review the issue(s) discussed today as per our conversation…

When interviewing to hire a property management company in Arizona make sure to ask to meet the customer service representatives and choose the right one for you.  After all, this person will be assigned to handle your property and has a direct effect on the successful rental of your property, which in turn directly affects your long term profitability.  Ask them how do they handle resolution?  What is their system of communication and documentation?  Also don’t be afraid to ask to speak directly to tenants that have had difficult situations resolved under their guidance.  This is why GoRenter.com has an open door policy and streamlined customer service center focused on client support and fast maintenance completion.  Our belief is that the key to successful cash flowing rental starts with how a property management company handles customer service issues.

2)   Renewal Bonus

Look at what it costs to replace a tenant.  Would it hurt you to reward a tenant with a loyalty program?  For signing up for another year, offer to replace an appliance, install new carpet, or perhaps $200.00 dollars a month off for the first one or two months of their renewal.

Don’t expect your property management company to just offer these things for you carte blanche.  After all it’s your money!  As a landlord you have to;

1. be willing to enact a program.
2. be willing to ask your property manage program to help you develop this type of program.  Stop looking at what it would cost.  Consider the cost of $300 to $500 against $3500.00?  

3.)  Appreciation/Referral Program

Does your Arizona property manager treat your tenants respectfully yet firmly in a fair manner?  This concept is extremely important because as your property managers we have to handle any problems that arise with either rent collection or maintenance issues and in most cases the renters will either choose to stay or leave depending on how they are treated.  Most renters just want to be treated fairly and with respect and at GoRenter.com we understand this and always conduct business with honor, integrity, and respect.

Have an appreciation program developed through your property management company such as sending your tenants notes/cards 3 to 4 months into their rental period asking them how are we doing?  Telling them that you appreciate their choice in choosing to live in your property?  You could also end these types of communications with a P.S.  The highest compliment you could give me is a referral. 

4.)    Utilize A Rent-To-Own Or Lease Option Program

Most renters are renters for a reason.  Either they don’t have enough of a down payment to buy their own home, just moving in town from out of state and are not sure where they want to buy, or they have gone through a bankruptcy / foreclosure and have bad credit.  By offering your prospective tenants a lease option program you will find that the renter psychologically becomes a homeowner in their own mind and not only treats the property as if it is their own, but is willing to pay a higher rent and pay on time!

At GoRenter.com, we have a variety of solutions for tenants who would like to participate in a lease option program.  We strongly urge our investors to give a percentage or portion of their appreciation in the property to the tenant as an incentive for them to option the home for purchase.  Once they have entered into the option to purchase, they are now invested with you in the home and take care of it as their own as well as stay much longer than the usual tenants.  The lease option should be negotiated for each individual situation.  When you are not sure how to create a lease option program, contact a professional for guidance.

5.)  Proper Marketing & Screening

Proper marketing is an essential key step in finding the right type of tenant.  If you are marketing in the classifieds section of the newspaper you will most likely attract a certain type of tenant (one that buys and reads the newspaper).  Different from the type of tenant you would find on Craigslist.org (online) or from a referral (the best kind)!  Our point is unless you plan on paying for and implementing an aggressive marketing campaign you will have little chances of generating enough qualified prospects as you would when you hired a really good property management company with their own aggressive marketing strategy! Through property rental property marketing your chances of being able to choose the right type of tenant for you will ensure a higher tenant retention rate in the long run.

Of course just generating the prospect is only half the battle.  Once your prospects come knocking the next step is to pre-screen and qualify them to your standards.  Does your current property management company have a comprehensive application process that allows them to pull criminal background and credit information?  Do they pull not only credit reports but verify employment and income by also speaking with a potential renter’s employer instead of just relying on paystubs?  Do they verify rental history and ask for referrals from prior landlords and even roommates? 

NOBODY does more marketing for qualified tenants than the experts at GoRenter.com.  Every year we spend hundreds of thousands of dollars on print and online advertising and are currently managing over hundreds and hundreds of cash flowing rentals for our investors.  We pride ourselves on proper tenant placement so that both you as the real estate investor and the tenant can enjoy the business relationship over the life of your investment.  Aside from buying the property for the right price in the right location, finding the right tenant for your property is one of the single most important decisions to be made for the long term successful generation of passive income for your investment portfolio.
 

Arizona Property Management Company Contact Info: 

Corporate Headquarters: 645 E. Missouri Ave Suite 270 Phoenix, AZ 85012

Website: http://www.GoRenter.com

Phone number: 602-512-4406

As your property management company of choice, we are able to serve Arizona real estate investors in the following Arizona cities:

Phoenix Property Management, Mesa Property Management, Tempe Property Management, Scottsdale Property Management, Chandler Property Management, Gilbert Property Management, Glendale Property Management, Ahwatukee Property Management, Laveen Property Management, Avondale Property Management, Surprise Property Management, Anthem Property Management, Prescott Property Management, Cave Creek Property Management, Carefree Property Management, Arizona Property Management Company

Searching for a rental property in the greater Phoenix area? GoRenter.com offers plenty to choose from in the following cities:

Phoenix Homes For Rent, Mesa Homes For Rent, Tempe Homes For Rent, Chandler Homes For Rent, Gilbert Homes For Rent, Scottsdale Homes For Rent, Avondale Homes For Rent, Anthem Homes For Rent, Glendale Homes For Rent, Laveen Homes For Rent, Surprise Homes For Rent, Anthem Homes For Rent, Prescott Homes For Rent, Cave Creek Homes For Rent, Carefree Homes For Rent, Arizona Homes For Rent, Ahwatukee Homes For Rent

Also check out our Arizona investment properties website GoRealEstateInvestor.com!

 DEFINING THE PROTECTING TENANTS AT FORECLOSURE ACT

On May 20^th 2009 a new law passed by Congress and signed by President Obama provides new protections for tenants whose landlords fall into foreclosure.  The law the President has signed is the Protecting Tenants at Foreclosure Act which expands on the success of the Making Home Affordable Program first announced in February.  GoRenter.com (Arizona property management company) is happy to see this new law enacted as it provides the needed protection tenants have been lacking in the turbulent Arizona real estate market.  Berne Fleming of Gorenter.com stated, “We have worked with hundreds of tenants who have been affected by the foreclosures here in the valley and know how to help them through this difficult time.”

The protections within the new law, the Protecting Tenants at Foreclosure Act, are effective immediately and expire at the end of year 2012.  With the new law, tenants now have the right to remain in their homes after foreclosure for 90 days or through the term of their lease as long as the new buyer of the property does not intend on living in the residence.  The bill also provides similar protections to low income families holding housing vouchers.  Below is the actual law:

TITLE VII–PROTECTING TENANTS AT FORECLOSURE ACT

SEC. 701. SHORT TITLE.

This title may be cited as the ‘Protecting Tenants at Foreclosure Act of 2009′.

SEC. 702. EFFECT OF FORECLOSURE ON PREEXISTING TENANCY.

(a) In General- In the case of any foreclosure on a federally-related mortgage loan

or on any dwelling or residential real property after the date of enactment of this title, any immediate successor in interest in such property pursuant to the

foreclosure shall assume such interest subject to–

(1) the provision, by such successor in interest of a notice to vacate to any

bona fide tenant at least 90 days before the effective date of such notice;

and

(2) the rights of any bona fide tenant, as of the date of such notice of

foreclosure–

(A) under any bona fide lease entered into before the notice of

foreclosure to occupy the premises until the end of the remaining term of the lease, except that a successor in interest may terminate a lease effective on the date of sale of the unit to a purchaser who will occupy the unit as a primary residence, subject to the receipt by the tenant of the 90 day notice under paragraph (1); or

(B) without a lease or with a lease terminable at will under State

law, subject to the receipt by the tenant of the 90 day notice under subsection (1),

except that nothing under this section shall affect the requirements for termination of any Federal- or State-subsidized tenancy or of any State or local law that provides longer time periods or other additional protections for tenants.

(b) Bona Fide Lease or Tenancy- For purposes of this section, a lease or tenancy shall be considered bona fide only if–

(1) the mortgagor or the child, spouse, or parent of the mortgagor under

the contract is not the tenant;

(2) the lease or tenancy was the result of an arms-length transaction; and

(3) the lease or tenancy requires the receipt of rent that is not substantially

less than fair market rent for the property or the unit’s rent is reduced or

subsidized due to a Federal, State, or local subsidy.

(c) Definition- For purposes of this section, the term ‘federally-related mortgage loan’ has the same meaning as in section 3 of the Real Estate Settlement Procedures Act of 1974 (12 U.S.C. 2602).

For example, an estimated one third of homes that are in foreclosure in Arizona are rentals.  This new federal law will allow these tenants to stay in the foreclosed property for at least 90 days or the expiration of their current lease term, as long as they are abiding by their lease.  This new program is the same across the nation.

Many landlords across the nation have committed fraud by signing tenants into one year leases knowing they were going to let the house go to foreclosure.  This new federal law is the protection many tenants were lacking and finally gives peace of mind to any family renting a home.  GoRenter.com cares about our tenants rights.  Our company goes to great lengths to pre-screen both tenants and landlords ensuring a suitable match is made that is in the best interest of all parties.  “When we match a quality tenant with a quality property, the resulting relationship makes everyone happy,” said Alan Davis, one of the Gorenter.com owners.

 WHO IS ARIZONA PROPERTY MANAGEMENT COMPANY GORENTER.COM?

GoRenter.com is an Arizona property management company that specializes in helping local and out-of-state real estate investors find appropriate tenants for their rental homes.  We provide full-circle service including a complete maintenance division and 24 hour customer support center.  For Renters, we have the largest selection of available rental homes in the Phoenix-Metro area & clear contracts that make renting a home through us easy.  So whether you a renter or a landlord, the all new GoRenter.com is the perfect choice for all of your rental / property management needs.  Our office line is 602-512-4406.

Also check out our Arizona investment properties website GoRealEstateInvestor.com!

 Property Management Company GoRenter.com Focuses On Customer Service!

When investing in real estate for long term wealth building it is important to focus on cash flow and tenant retention in order to be successful.  When deciding which properties to acquire, many investors work backwards off of local rental rates by contacting their Arizona property management company of choice to get the information.  The professional property management experts at GoRenter.com pride themselves on having a deep understanding of local rental market trends and their abilities to pass that information on quickly to an investor looking to make a fast investment decision.

Once a property is acquired most investors want to focus on finding their next money-making investment and not on the property management side of the business so they choose to work with GoRenter.com to handle the contracts, marketing, accounting, and repairs necessary to find and keep a paying tenant happy.  Where most property management companies in Arizona fail is the customer service side of the business…this is where GoRenter.com shines.  From the first phone call or email, both tenants and investors will find a friendly, helpful, knowledgeable staff of professionals waiting to assist them.  With over 50 highly trained employees and 1000’s of managed houses, GoRenter.com is absolutely the most experienced property management company in Arizona bar none.

For renters, we take our time explaining our “easy to understand” rental contracts and our website makes it easy to find the rental property that fits their needs.  Our property managers can explain local details like shopping, schools, and restaurants due to their in-depth understanding of the Phoenix-metro area.  Once a rental client, getting repairs done is easy with our 24 hour emergency repair line that gets both minor and major repairs done quickly.  Also, paying your rent is easy by mailing in your payment or stopping by our office which is centrally located and dropping it off.  Many renters are extremely happy with the high quality customer service offered at GoRenter.com.

For investors, our aggressive marketing drives 1000’s of potential renters to our website each week.  We know how to maximize return-on-investment by helping you find and keep a long term paying renter.  We also offer a full service approach to property management with our repair department and eviction assistance program.  This way you can focus on finding and acquiring more investment properties and not worry about managing the property…just sit back and collect your cash!  The best part about our program is that we made it extremely affordable and constantly have specials so don’t forget to ask when you make your first call to us.  Lastly, utilize our expertise by getting a consultation with one of our investment experts, this should help you focus on the price range and area of the Valley you should be investing in!

Overall, GoRenter.com property management company focuses on customer service and take great pride in what we do.  We believe that by treating our customers and clients the right way they will keep coming back to our company for their rental needs.  We go by the basic understanding that if you treat people right, they will in return refer their friends and family to our company for all their Phoenix rental property needs.

GoRenter.com can be reached at: 602-512-4406

www.goRENTER.com

Also check out our Arizona investment properties website GoRealEstateInvestor.com!

TO HIRE OR NOT TO HIRE AN PROPERTY MANAGEMENT COMPANY IN ARIZONA LIKE GORENTER.COM?

Therein lies the question…

One of the biggest, challenging decisions you can make as a landlord is whether or not to hire a property management company in Phoenix, Arizona.  A good property management company will help you with the myriad responsibilities that come with running rental properties such as dealing with tenants, tenant disputes, finding prospective renters, marketing for those renters, maintenance, repairs collecting rents and handling evictions if need be. 

While outsourcing those responsibilities can be a sigh of relief to your business, there are many factors to consider before you hire an Arizona management company.  During this article we hope to share many of those considerations with you so that you, the real estate investor, can make the best decision for the future of your investment business.

Cashflow

Can you afford the cut into your profit margin by hiring a property management company in Phoenix, Arizona?  With GoRenter.com you can!  Like any sound real estate investment the basis of your potential profit is generated when you buy the subject property.  So make sure to consider all the numbers including deferred maintenance / repairs, as well as insurance and taxes before you buy. GoRenter.com’s affordable property management fees and clear contracts make it easy for an investor to calculate their total management expenses right up front.  Between quality property management services and a good home warranty plan, most landlords will have peace of mind knowing their rental property is taken care of 24/7 by professionals.

Time

What’s your time worth?  How do you want to spend that time?  Do you want to spend it working on your business or working in it?  That means do you want to focus your energies finding and generating the opportunity to acquire your next property?  Or do you want to spend all the time, energy and effort replacing hot water heaters, fixing leaks, evicting tenants, pursuing late rents all the while trying to stay educated on all the rules, regulations that make you compliant with all state, local & federal laws that come with being both a landlord and a business owner.

That sound heavy I know, but that is meant to impress upon you the advantage of leveraging time when yours is limited.  This can be even more important for those of you with both families and full time careers outside of your rental business.  Depending on the size of your business handling all the responsibilities of being a landlord can and often will suck up your valuable time from those who need it the most.  Your family!  Part of the joys of generating passive income is the ability to create more time in you day to day life to do the things that are more important to you.  By hiring a property management company in Arizona like GoRenter.com you are leveraging your time and ensuring your ability to be as productive as possible in this opportunistic market.

Location

Guess what, the greater the distance to your rental property the greater the headache when it comes to responding to the needs of your property.  Whether it be maintenance & repairs or responding to tenant complaints, it’s vital that you have the ability to respond quickly.  Quickly meaning within 24 hours not 2 weeks.  If your rental property is located out-of-the-state in which you live, a good property management company will have access to local contractors for any emergency repairs or even standard maintenance saving you the time & effort of having to assemble a team yourself from out of state.  

Even if your property is local to you, how far is it from where you do business?  How much time will it take to cut across town to address any issues that may come up?  If your hands on, then it’s a great way to work yourself into another full time job in which the business owns you instead of you owning the business.

GoRenter.com has a full-service maintenance / repair team that is on call 24/7.  Our focus on customer service and our ability to respond quickly keeps our tenants happy and confident their needs will be met.

Management Services

We have mentioned maintenance & repairs frequently during this article, but there are also other associated responsibilities that come with running a rental business. 

• Marketing.  Do you have the experience to know what your area market rent should be for your property?  Do you know how to market effectively in order to minimize your vacancy rate and maximize your rental income?
• Quality tenants.  Do you know how to fill your properties with the best qualified candidates?  Performing a background check isn’t good enough.  How to turn down potential renters while avoiding the appearance of being discriminatory is an important distinction.
• Rent collection, tracking deposits and handling evictions
• Negotiating rental agreements
• Bookkeeping, tracking income & expenses in order to determine profitability

You Don’t Have to be an Employer

If you have portfolio that requires all the above services to actually be handled by an individual or team of professionals, there is an advantage to hiring an Arizona property management company such as GoRenter.com.  By utilizing an associated service in your rental business you can deduct those costs on your taxes.  You also don’t have the liability of having employees on your payroll.  By not having to generate payroll you also don’t have to worry about all the potential tax implications and legal requirements associated with employees.

Bottom line:  If you are in a position to hire a property management company in Arizona do so.  It will help you generate more time in your schedule and help to make the most of your rental business.

About The Author Go Renter:

GoRenter.com is an Arizona property management company that specializes in helping local and out-of-state real estate investors find appropriate tenants for their rental homes.  We provide full-circle service including a complete maintenance division and 24 hour customer support center.  For Renters, we have the largest selection of available rental homes in the Phoenix-Metro area & clear contracts that make renting a home through us easy.  So whether you a renter or a landlord, the all new GoRenter.com is the perfect choice for all of your rental / property management needs.  Our office line is 602-512-4406.

GORENTER.COM’S ARIZONA PROPERTY MANAGEMENT SERVICES HELP HUNDREDS OF REAL ESTATE INVESTORS PRODUCE POSITIVE CASHFLOW $$ FOR THEIR PROPERTIES!

We have had so much success in reducing tenant vacancy and turnover we are able to offer our new:

SUMMER SIZZLING SPECIAL  

•  No Annual Fee For The Rest Of 2009!

•  2 Months Free Arizona Property Management!!

•  $50 A Month Flat Rate Management For The Rest Of 2009!!!

Sign up now and we will lock in the $295 Annual Fee and the flat rate of $75 Monthly Management for all of 2010. 

INVESTORS – YOU NEED OUR SERVICES!

Let’s face it a majority of “Arizona Property Management” companies are just realtors who stumbled into it due to the lack of qualified buyers, for many investors wanting to sell their houses.  So in turn they found renters.  But many of those carry extra associated costs meaning higher management fees.

For example, most Arizona property management companies will list a house for rent using the MLS and pass that cost right onto the investor.  Not so at GoRenter.com because of our systems and protocols we have developed cost saving techniques and measures and pass those savings on to you.

At GoRenter.com our strategic market positioning produces, between 600 to 800 phone calls every month from potential tenants seeking housing!  Additionally our website produces over 6,000 hits every week from potential customers.

In turn we lease as many as 30 homes every week meaning…

we have a surplus of tenants on hand waiting to be placed into your investment properties.

We service investors of all sizes, whether you have your first rental property and need to fill it with tenants or a large portfolio of 20 or more properties.

Throughout 2009 we have increased our management to maintain well over 1200 properties at any given week.  Yet we still have more tenants than housing to place them in with the capabilities to handle hundreds more properties.

For many Arizona real estate investors who have bought Arizona Investment properties to rent in this last year you will find that with our low management fees and our aggressive marketing tenants will fall into place allowing your investment to cash-flow immediately!!

But we can’t work with everybody, right now we can take on only another 500 properties, so act now before it’s too late!  Why wait any longer to produce a profit on your investment(s) and choose a property management company with a proven track record with the expertise to place long term tenants in your houses!

As your property mangement company of choice, we are able to serve Arizona real estate investors in the following Arizona cities:

Phoenix Property Management, Mesa Property Management, Tempe Property Management, Scottsdale Property Management, Chandler Property Management, Gilbert Property Management, Glendale Property Management, Ahwatukee Property Management, Laveen Property Management, Avondale Property Management, Surprise Property Management, Anthem Property Management, Prescott Property Management, Cave Creek Property Management, Carefree Property Management, Arizona Property Management Company

Searching for a rental property in the greater Phoenix area? GoRenter.com offers plenty to choose from in the following cities:

Phoenix Homes For Rent, Mesa Homes For Rent, Tempe Homes For Rent, Chandler Homes For Rent, Gilbert Homes For Rent, Scottsdale Homes For Rent, Avondale Homes For Rent, Anthem Homes For Rent, Glendale Homes For Rent, Laveen Homes For Rent, Surprise Homes For Rent, Anthem Homes For Rent, Prescott Homes For Rent, Cave Creek Homes For Rent, Carefree Homes For Rent, Arizona Homes For Rent, Ahwatukee Homes For Rent

Also check out our Arizona investment properties website GoRealEstateInvestor.com!