LISTEN TO YOUR ARIZONA PROPERTY MANAGER TRUE PROFESSIONAL
It seems that more and more people are purchasing Phoenix real estate as investments. The TV ads and local real estate education companies make it real simple. All you have to do is 5 STEP PLAN TO GET RICH IN REAL ESTATE
- Purchase a home
- Fix it up
- Rent it out
- Collect the cash
- Get Rich
There is nothing wrong with this model when someone pays $20,000 for this education. Now, I recently wrote a blog post on a TENANT REFUSING TO PAY LATE FEES, LEGAL FEES AND THE RENT. Let me give you a little background on this one. Owner hired me to manage this rental. They stated the tenant are always late on their payments and refuse to repair items agreed upon. Well, I come to find out there was no written lease between both parties. Each side was claiming they were right. So, I suggest on 1/17/2012 to send them Arizona Eviction Process letter. The owners hedged and pleaded with me to work it out with the tenant.
Well, we finally sent the Arizona Eviction letter on 2/17/2012. We had our day in court this past week. The tenants pleaded guilty to the crime but did not waive their right to sue owners. So, they sent a letter to settle the matter or they threaten to sue the owners. My first thought was "MAKE MY DAY." However, I suggested to the owners to settle with the tenants and obtain 80% of the judgment compared to ZERO dollars. Finally, we settled this matter on Friday. The tenants will be moving out of this home at the middle of this month.
Listen to your Arizona Property Manager at all times. The owners last another month of rent because they did not serve the Arizona Eviction letter until 2/17/2012. There is nothing personal when you take someone to court for failure to pay rent. Both parties have agreed upon the terms. There are times when both parties need a judge to decide what is fair and move on with life.
Properties R Us LLC $60 per month per door. This is a great bargain when it comes to Arizona Property Management.
Make the Call, Set the Plan, Do the Deal$!
Feel free to listen to my Radio Show to learn more about the phoenix real estate market, new trends, and the latest opportunities. The Real Estate and Beyond Radio Show Airs every Saturday from Noon-2:00pm on Conservative Newstalk KKNT 960am in Phoenix, Arizona. You can listent to past shows, or stream on-line.