Paramount PMR Blog

Before advertising your Phoenix home to the market at large, setting the rent must be done properly. Rent-setting is not an impulsive task; you need to take the time to analyze certain factors to assign an accurate rent rate. An optimal rent charge will attract potential renters to your Phoenix home, and this assures that steady earn...

Image Source: Unsplash. Is it time for a new coat of interior paint for your rental property? You may need to update the inside of your home to catch up to current trends, cover scuffs, or touch up repairs after your previous tenants left. Once you decide to repaint your rental property, you need to choose the color, finish, and...

Having a vacant rental is the fear of every landlord, especially if you live far from the property. It signifies several things, including a loss of rental income, an increase in utility costs, and a deviation from set investment goals and objectives. While we have mentioned a few financial risks, there are other potential risks that a va...

Success in real estate is measured in the quality of your descriptions. To elaborate, we’re talking about how well you’re able to market your property, be it through photos, video, or an ad copy. This can be quite the challenge considering that a web listing site might have thousands of other property ads in one neighborh...

When safety is discussed from a property perspective, landlords often think about how to deter malicious parties from accessing the property. But other potential dangers can hurt your investment in real estate. These dangerous elements can be in the form of fires, electrical issues, and toxic substances on the property.  Safety means...

Hiring a property management company has a major impact on your Arizona property. They can take your investment returns to another level. However, you want to make sure that you hire a good fit for you! With extensive industry experience, Paramount Management & Realty has compiled a few questions that should serve to help you in ...

Besides renting to difficult tenants, landlords in Phoenix are also wary of one other thing, a vacant unit. This can hurt your bottom line because a vacant property is a money pit. You’ll keep on spending money whereas none will be coming in. While tenant turnover is inevitable in any landlord’s career, it’s managea...

A month-to-month rental agreement is no different in obligations than a yearly lease, aside from the time. Being a contractual agreement between two parties – landlord and tenant – means it’s legally binding. A month-to-month rental agreement renews every month until either party terminates it by providing the other...

As a landlord, you should conduct a walk through inspection to assess the condition of each rental property and note it’s condition. This will help to manage any potential damage at the end of a tenant’s lease and protect you, the property owner.  Walk-through inspections can be daunting for property managers. So, we have...

As rental units age, normal wear-and-tear is bound to happen, but there are ways to keep the value of your property up. You don’t have to resign yourself to a worn-out unit.Keeping your rental home occupied means being able to attract prospective tenants, no matter how old the unit is. If you can manage to find long-term tenants, yo...