Owners FAQs
How much do property management services cost?
For more information, please give us a call at (480) 945-7755 or email us at Info@tlproperties.net
What is the status of the rental market today?
Generally speaking, the rental market is very good for single family homes. On the other hand, condo’s and townhome’s have a significant over supply, resulting in lower rents than in the past. This makes it very difficult to cover most of your expenses. Other factors are where the property is located, age of property, is it updated, etc.
How involved will I be in maintenance repairs?
We have found that some owners liked to be more involved then others and we will make every attempt to accommodate your requests so you can be as involved as much or as little as possible. If a repair is under $300 we typically do not call to inform you of the problem. Any example might be that the kitchen sink is leaking and we sent out a handyman to fix the problem. This is the type of repair that the majority of our owners do not want to be bother with.
If a repair was to exceed $300 you would typically get a call from our office. There are circumstances where we cannot make contact with the owner and have to make a decision. A decision is made always keeping the owners best interest in mind as well as following the guidelines of the Arizona Landlord & Tenant Act. We try to avoid this as much as possible but at times it is unavoidable.
How long will it take to rent my property?
There are a lot of different factors to consider when renting. Location and amenities are important factors when it comes to renting a property. We feel that price is one of the most important factors in renting a property. We also feel that renting to a qualified tenant is important. A tenant’s credit, rental history, and ability to but up deposits are important factors in renting. Waiting for a qualified tenant in the long run is more beneficial then renting to the first person who is interested. Keeping all of these factors in mind it typically takes 30 days to find a qualified tenant.
