Voted as one of the best cities to live in, Scottsdale, AZ ranks high on the list of people moving to Arizona. According to Sperling’s Best Places, Scottsdale has seen a population increase of almost eight and a half percent since 2000 and an almost twenty percent increase in home prices in the last year. With so much growth, those renting their homes are taking a hit. The challenges of Scottsdale property management are there, but with the right knowledge and property management skills, landlords can make a killing. [Read more…]
Rent or buy? Rent or buy? The question pops up in our minds quite often, especially when rates are low and home values are steadily increasing. Homes can be a great investment, but they not for the faint of heart. They require a higher level of dedication than a rental: maintenance, insurance, mortgage payments. Then again, the joys of owning a home are pretty darn good. Let’s take a look at some signs that a renter should consider buying a house. [Read more…]
Turning your home into a rental property isn’t as easy as taking out an ad, finding a renter, and making sure they make payments on time each month. You have to prepare the home to attract quality renters who are responsible and qualified to meet your expectations. You also want to make sure that your home is optimally improved so that you can make as much profit as possible when you decide to sell your property.
You are renting a property because it is less expensive than buying, but you feel as though you are spending almost as much money with the maintenance! This is a feeling that many renters have had to deal with for years because there are hidden costs that come with renting, especially if you pay the utilities. Hidden costs can include anything from a broken water line that can wreak havoc on your water bill, to having to split the cost if another renter breaks something that you both share. Before you do anything else, let CENTURY 21 Northwest Property Management give you some tips on how to save money now, and in the future, while renting. [Read more…]
We can feel summer in the air already, can you? We hope wherever your Arizona home rental is you are finding places nearby to stay cool in the upcoming months! Always better to be prepared. CENTURY 21 Northwest wants to make sure your rental house feels like home. The property managers and real estate professionals here at CENTURY 21 Northwest have put together some of the most important tips as a reminder to you, our Arizona tenant:
As tenants, sometimes space is an issue in your rental. Who are we kidding? Space is always an issue. From crowded bedrooms in houses, to small, poorly designed apartment kitchens, organization and cleanness are a challenge. Get rid of the clutter! There are many easy-to-assemble home storage units that are built to fit into every nook and cranny in your place. And the best part? They don’t cost much, and they’re often non-permanent. [Read more…]