Property Management Blog

Foreclosures: Exploring Opportunities in Distressed Properties in Prescott, AZ

In the first half of 2023, Arizona reported 3,078 properties with foreclosure filings, which represents 0.10% of housing units in the state. This translates to 1 in every 993 housing units facing foreclosure according to Attom Data Solutions. If you're looking to purchase dis...

Guide to Property Rental for Vacations: Start Earning in Prescott, AZ

As VisitArizona.com points out, there are many reasons to love Prescott, AZ, from its 700+ homes and businesses registered in the National Register of Historic Places to its over 400 miles of trails for hiking, equestrian, and mountain biking. It's also the state's offici...

Pros and Cons of Allowing Pets in a Rental Property in Prescott, AZ

According to the Insurance Information Institute (III), 66% or around 86.9 million American households own pets. Over 65 million families have dogs, while 46.5 million have cats.With such high pet ownership rates, many pet-owning households will likely apply to become your tenant...

Rental Properties: How to Find and Manage Profitable Rentals in Prescott, AZ

The real estate market has presented significant challenges to investors lately. Are things starting to look up? Just last month, we saw a 30% increase in inventory, with over 1,000 properties on the market.With more properties for sale, it's time to jump into action. However...

Apartment Hunting 101: Tips for Finding the Ideal Rental in Prescott, AZ

The word is getting out about Prescott, Arizona. Once a small city, its population is now nearly 50,000. The city's population has grown roughly 5% since the last nationwide Census.For many Americans, especially first-time homebuyers, ownership is unaffordable. They are deali...

Winning Tips for Real Estate Flipping Success in Prescott, AZ

You're strolling through a quiet neighborhood, your eyes scanning for hidden gems. Suddenly, you spot it - a charming yet neglected house with peeling paint and an overgrown yard.Most people see a fixer-upper, but you see potential. Your heart races as you envision transformi...

5 Key Factors in Commercial Property Valuation in Prescott, AZ

Did you know that Arizona residents are the second most likely in the country to launch a small business each year? These businesses encompass various industries, such as health care, real estate, and professional services. One of the things most of these businesses need is a pla...

Top Tips for Mastering the Art of Vacation Rental Hosting in Prescott, AZ

The number of vacation rental users has steadily increased since they have become easier to access with new technology. Each year, people everywhere look for more favorable housing options to avoid the inconveniences of hotels. That's why the number of short-term renters has ...

4 Effective Tenant Retention Programs to Lower Turnover in Prescott, AZ

Getting tenants for your rental properties can be super tricky. They have so many options, and so much is competing for their attention.So once you get them locked in, how do you keep them? We can help.Let's go through your options for tenant retention programs in Prescott.1....

Rent Collection Strategies in Prescott, AZ: Guaranteeing Prompt Payments

Data shows the average monthly Fair Market Rent for a two-bedroom apartment in Prescott, AZ, in 2024 is $1,403. That drops to $951 for a studio and increases to $2,273 for a four-bedroom rental. Those figures are considerably higher than the national average.So, as a Prescott lan...