27
Sep

Two Tips for Protecting Your Arizona Real Estate Investment

Protecting the property of your Arizona real estate investment should be important to any landlord. Here are some tips to consider:

  1. Document Your Property With Photos – You should take photographs of every property you own before a tenant moves in. This will show the condition of the property inside and out. Don’t forget to include pictures of walls, fixtures, appliances and flooring. Make sure to create a CD with these photos and place it in the file with all your rental paperwork for this particular rental home.
  2. Create A Disaster Plan – From time to time, weather can be unpredictable. It will bring threats of hurricanes, tornados, fires or floods. The important thing to do is have a plan. A couple suggestions would be having current telephone numbers and email addresses for your tenants, a way to protect your data, and a website to post updates that tenants will be able to look at.

The more prepared you are with your Arizona real estate investment, the less stress you will have in a crisis situation. It is also a good idea to review these guidelines with a tenant at the time they sign the lease.

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