The threat of rental scams is a major source of worry for both the landlords and the tenants in the recent times. Scammers posing as landlords have become a very real challenge for renters looking for a home. When asked for personal or financial information, renters/tenants readily provide it to scammers without suspecting a thing. And today, where technology has …
How to Successfully Review and Clarify Lease Agreements with New Tenants
Leasing out a property to tenants is a business agreement. This means you are allowing others to lease your property for a determined price and length of time. The lease conditions are extremely important and equivalent to a business arrangement and must be taken as such. There are many who rent out properties, but few who understand the importance of …
Security Deposit Management
Security deposits are important to ensure a profitable return from renting a property, especially to make sure that both the property owner and the tenant respect the clauses of the tenancy. We shall delve deeper into the topic and discuss the best ways to manage your deposit money. It is reasonable to expect the best returns and profit when renting …
College Town Rental Investments: Advantages and Disadvantages
Investment in rented properties can be highly profitable if you have steady income flow from the tenants. But, in cases of rented houses, getting a good tenant and keeping them for a specified period of time can be problematic. Therefore, investors keep an eye on tenants who occupy the property for a particular period of time because it opens up …
How Much Is Renters Insurance and Is It Worth It?
When it comes to buying insurances, most of the Americans show utter negligence. According to the Insurance Information Institute, as many as 95% of the homeowners buy home insurances for the safety and security of their newly bought homes. But, such awareness is not present in mortgage lenders. As per one recent survey, almost 60% of the renters do not …
Are Property Management Firms Worth the Money They Charge?
If you own a piece of property, it is generally considered to be a sign of good fortune. Your decision to rent out your property to the tenants would provide you with a fixed and continuous monthly income. But finding tenants who pays rent timely and protects your asset can be difficult. Therefore, you have two options to manage your …
Rincon Ventures Inc. Moves to a New Office!
We are moving! On June 1st 2016, Rincon Ventures Inc. will move to 8245 N Silverbell Rd., Suite 167A, Tucson AZ, 85743. At Rincon Ventures Inc., one of the leading property management companies, we have always strived to provide the best possible services to our clients. It is with that continued growth that we are able to make this move …
7 Effective Tips to Retain Good Tenants
The landlord-tenant relationship can be tricky. As a landlord, you want your tenants maintain the property, pay their rent on time and do nothing that would disturb the peace of the community or neighborhood. Having said this, have you, as a landlord, ever considered what your tenants expect from you? You may have heard the phrase, ‘it takes two to …
Tenancy Laws and Rights for the Citizens of Arizona
It is imperative that a person understands the laws and implications with regard to tenancy. This post highlights the laws pertaining to the rights of a tenant in the state of Arizona and how he/she can deal with a landlord, the court of law and other matters. Legal Communication All communication between the landlord and the tenant must be documented. …
Medical Marijuana and Property Management in Arizona
While the U.S Federal Law deems the usage of marijuana as being illegal, most states do not have very clear laws or policies in place with regard to the same. This has led to a dilemma between the landlords and the tenants who possess state medical cards permitting the use of marijuana. In November 2010, the state of Arizona passed …