I'm hoping that you never need this advice, but here is a helpful article on "what to do if a tenant abandons your rental property."
While you may want to just pack up their belongings and have a garage sale, legally it is very important that you follow the right steps.
Getting tired of managing your own AZ rental properties? How this specific situation would be handled is a GREAT question to ask prospective property management companies. Having a property manager with extensive experience can save you from landing in some very expensive hot water.
Have a fantastic weekend!
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- HomeLovers
- Expert real estate investment advice offered by the executives at HomeLovers - one of Arizona’s fastest growing home rental and property management companies.
HomeLovers is one of few property management agencies that offers its owner/investor clients instant access to real-time online accounting, documents and reporting.
Ask about it today at www.homelovers.com!
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Blog Archive
About Dave Zundel - co-founder, real estate investor
Dave Zundel has been building businesses for over 20 years, including hands-on consulting work with the owners of nearly 200 companies.
Recently, his experience allowed him to redefine residential property management and implement new levels of efficiency for a local Phoenix real estate investment and property management company, resulting in aggressive growth from 300 homes under management to nearly 2000 homes - almost a 600% increase. With a focus on numbers, Dave created tools to assist investors with avoiding purchasing mistakes, maximizing ROI and attracting ideal tenants.
In the same time frame, Dave accumulated a personal portfolio worth over $3 million that included 15 single family homes.
At age 40, Dave retired from his position as CEO to focus on his personal real estate investments. After three years in retirement, Dave could no longer resist the lure of reentering the business world. In looking at all the different types of businesses he had worked with over the years, none had more appeal to him than property management. With the luxury of hindsight, Dave was able to reflect on things that had created challenges and unhappy clients. After nurturing the idea for several months and launching a joint partnership with Mike Sargent, a dramatically improved property management model evolved.
Dave Zundel has been building businesses for over 20 years, including hands-on consulting work with the owners of nearly 200 companies.
Recently, his experience allowed him to redefine residential property management and implement new levels of efficiency for a local Phoenix real estate investment and property management company, resulting in aggressive growth from 300 homes under management to nearly 2000 homes - almost a 600% increase. With a focus on numbers, Dave created tools to assist investors with avoiding purchasing mistakes, maximizing ROI and attracting ideal tenants.
In the same time frame, Dave accumulated a personal portfolio worth over $3 million that included 15 single family homes.
At age 40, Dave retired from his position as CEO to focus on his personal real estate investments. After three years in retirement, Dave could no longer resist the lure of reentering the business world. In looking at all the different types of businesses he had worked with over the years, none had more appeal to him than property management. With the luxury of hindsight, Dave was able to reflect on things that had created challenges and unhappy clients. After nurturing the idea for several months and launching a joint partnership with Mike Sargent, a dramatically improved property management model evolved.
About Mike Sargent - co-founder, real estate investor
Mike Sargent has personally owned and managed more than 30 investment properties, both residential and commercial, and was recently instrumental in growing a local Phoenix real estate investment and property management company into the largest property management firm in Arizona. His leadership, investment and portfolio management experience allowed him to rapidly expand the number of homes under management to 2,000 homes during his tenure.
Prior to this, Mike spent 18 years as an executive at Inter-Tel, Inc., a major public telecommunications company; and Cirillium, Inc., a hi-tech Inter-Tel spinoff, both headquartered in the Phoenix area, where he was influential in launching VoIP (voice-over Internet Protocol) to major clients worldwide by leveraging his software design engineer background, financial acumen and boardroom experience.
He is an experienced international traveler who has visited more than 30 countries. Mike has a Bachelor of Science degree in Computer Systems Engineering from Arizona State University.
Mike Sargent has personally owned and managed more than 30 investment properties, both residential and commercial, and was recently instrumental in growing a local Phoenix real estate investment and property management company into the largest property management firm in Arizona. His leadership, investment and portfolio management experience allowed him to rapidly expand the number of homes under management to 2,000 homes during his tenure.
Prior to this, Mike spent 18 years as an executive at Inter-Tel, Inc., a major public telecommunications company; and Cirillium, Inc., a hi-tech Inter-Tel spinoff, both headquartered in the Phoenix area, where he was influential in launching VoIP (voice-over Internet Protocol) to major clients worldwide by leveraging his software design engineer background, financial acumen and boardroom experience.
He is an experienced international traveler who has visited more than 30 countries. Mike has a Bachelor of Science degree in Computer Systems Engineering from Arizona State University.
About HomeLovers
To take the model of a drastically improved property management firm from an idea to fruition, Dave Zundel and Mike Sargent partnered in early 2008 to build HomeLovers, an Arizona-based property management company that specializes in residential rental properties including purchasing and managing rental property to building and growing a robust, profitable investment portfolio.
Their combined experience has allowed them to avoid predictable problems, implement technology in revolutionary ways to improve customer service and improve efficiency and profitability.
HomeLovers is rapidly establishing itself as a customer service leader in property management and today is one of Arizona's most rapidly growing home rental and property management companies.
HomeLovers is one of few property management agencies that offers its owner/investor clients instant access to real-time online accounting, documents and reporting. Ask about it today at www.homelovers.com.
To take the model of a drastically improved property management firm from an idea to fruition, Dave Zundel and Mike Sargent partnered in early 2008 to build HomeLovers, an Arizona-based property management company that specializes in residential rental properties including purchasing and managing rental property to building and growing a robust, profitable investment portfolio.
Their combined experience has allowed them to avoid predictable problems, implement technology in revolutionary ways to improve customer service and improve efficiency and profitability.
HomeLovers is rapidly establishing itself as a customer service leader in property management and today is one of Arizona's most rapidly growing home rental and property management companies.
HomeLovers is one of few property management agencies that offers its owner/investor clients instant access to real-time online accounting, documents and reporting. Ask about it today at www.homelovers.com.