DOOR LEFT OPENED! IS IT OK I CHANGE THE LOCKS TO SECURE THE PROPERTY?

DOOR LEFT OPENED! IS IT OK I CHANGE THE LOCKS TO SECURE THE PROPERTY?

PHOENIX PROPERTY MANAGEMENTThe number one reason for real estate investors to leave the business is tenant relations. I work with many investors who love to invest in Phoenix real estate. However, they give me the property management side of the business. Why? It is because they would rather pay me $60 per month than deal with the tenants on their own. Personally, I think it is a wise investment. I am better educated about the Arizona Landlord Tenant Act and the overall Phoenix real estate market compared to the real estate investor. Do you really want the tenant to call you in the early morning stating that their toilet does not work?

TOP 5 THINGS TENANTS DO TO DO IT YOURSELF LANDLORDS

  1. Pay rent late or not at all
  2. Abandon the property over night
  3. Trash the property
  4. Obtain pet on premises without permission from owner
  5. Re-key property without permission from owner

My investor called me the other day on one of his properties. His handyman was doing work on the property. We evicted the one tenant but they keys were never returned. He called me to see if he could have them change the locks to secure the property. The answer was NO. The tenant had until that day to leave the property abiding by the judgment. I advised the investor to lock the door from the inside. Then, he could change the locks the next day. It is best to abide by the court judgment to the letter or face consequences down the road.

Finally, it is great to have a trusted property manager on the team to maximize profits and minimize losses. Properties R Us only charges $60 per month per door for Phoenix 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.

 

Phoenix Real Estate Resource Center

 

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Comment balloon 5 commentsHarry F. D'Elia • May 18 2012 05:38AM

Comments

Harry * I received a DIY landlord call today - his tenants of 2 months have taken a well water sample to environmental health and it has failed....they are having them jump through hoops to get the well water cleared BECAUSE they do not want to use the filtering system in place at the property....DUDAH?

Posted by Wallace S. Gibson, CPM, LandlordWhisperer (Gibson Management Group, Ltd.) over 6 years ago

In my interview process with prospective tenants, is preparing them to be a homeowner. Many tenants want to become homeowners. Many don't believe they can, for one reason or another. I let them know that I am a mortgage broker. You would would be surprised, how many homes I have sold many properties to folks that were renting them.

Posted by Joe Petrowsky, Your Mortgage Consultant for Life (Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709) over 6 years ago

Renters are great candidates for purchasing homes-I have access to many renters at this time

Posted by Harry F. D'Elia, Investor , Mentor, GRI, Radio, CIPS, REOs, ABR (Real Estate and Beyond, LLC) over 6 years ago

Harry, great information for landlords - FOLLOW THE LAW.  Great information you gave out. 

Posted by Juli Vosmik, Scottsdale/Cave Creek, AZ real estate 480-710-0739 (Dominion Fine Properties) over 6 years ago

Juli always great to hear from you

Posted by Harry F. D'Elia, Investor , Mentor, GRI, Radio, CIPS, REOs, ABR (Real Estate and Beyond, LLC) over 6 years ago

Participate