Far West Realty - Rentals and Propery Management in Prescott
 

 

 

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Are you maintaining your rental properties correctly?

Do you manage your own rental properties? As a property owner and the rental manager at the same time, you are, likely, very sensitive to the costs associated with hiring... read more
Posted to: Far West Realty’s Property Management Division

Are you using that vacation home?

Rent your vacation property - property management in Prescott by Far West RealtyThe Prescott area has many things to do, visit, and see, however many people do not call Prescott... read more
Posted to: Far West Realty’s Property Management Division

Attention Prescott Rentals Are Needing This Spring

Spring is here and it’s often the time to start new or refresh. This is true of rental properties as well. Not only is this a time of year where... read more
Posted to: Far West Realty’s Property Management Division

Be aware of necessary disclosures when leasing

If you are a landlord, it is essential that you be aware of legally required disclosures when leasing your Prescott rental property. Far West Realty shares some of the common... read more
Posted to: Far West Realty’s Property Management Division

Being a landlord

If you own a second property in Prescott and decide to use it as a rental property, you have made the choice to be a landlord. Far West Realty would... read more
Posted to: Far West Realty’s Property Management Division

Can't Sell Your Home...Consider renting your home instead

When a homeowner can’t sell their home, it can be very frustrating and may be caused by a number of different factors. One common factor is as simple as a... read more
Posted to: Far West Realty’s Property Management Division

Comparing Rental Homes versus Second Homes

If you’re lucky enough to have more than one home, either from the family estate or an investment property, you should consider the benefits of turning it into a rental... read more
Posted to: Far West Realty’s Property Management Division

Do You Have Too Many Properties to Manage?

If managing your investment properties in Prescott is more than you can handle, then you need Far West Property Management to handle your tenants and properties.Is managing your investment properties... read more
Posted to: Far West Realty’s Property Management Division

Features of a great rental property investment – where is it?

Are you thinking about investing in a rental property in Prescott? There are many things to consider. Owning the property is only the first step; managing it is something completely... read more
Posted to: Far West Realty’s Property Management Division

Hiring a Property Management Company

There are many advantages to hiring a property management company, but some folks think it’s too expensive. Far West Realty knows that hiring a property manager may not be for... read more
Posted to: Far West Realty’s Property Management Division

How do you fund your property investment?

The last several weeks we have been sharing with you how to select the right rental property to invest in. From the neighborhood to the type of property itself, now... read more
Posted to: Far West Realty’s Property Management Division

How investors can benefit from professional property management

Renting out an investment property can be a very time consuming and a difficult process. Knowing all of the ins and outs of the business takes time and is hard... read more
Posted to: Far West Realty’s Property Management Division

How landlord-tenant laws affect your rental properties

Laws pertaining to rental housing are established to protect both parties of the landlord-tenant relationship. In our many years of property management in the Prescott area, we at Far West... read more
Posted to: Far West Realty’s Property Management Division

How much timeare you spending managing your rental property

When considering investments, buying rental real estate is often at the top of the list. Among the benefits of buying rental property are:  1) the property may well increase in value,... read more
Posted to: Far West Realty’s Property Management Division

How Property Management Can Create Simplicity For You

If you’re a property owner interested in renting your your second home, the choice of how to deal with the management of the property should be a high priority. Far... read more
Posted to: Far West Realty’s Property Management Division

How To Choose the Right Property for Investment

Consider who you will be renting to.In general, the lowest risk, highest relative reward properties for beginners are single family dwellings or duplexes. Duplexes are often lower maintenance than single... read more
Posted to: Far West Realty’s Property Management Division

Issues selling your home? Why not rent it out?

You buy a house, it’s just right and meets all your needs. Then things change. Maybe it's by choice or maybe your work is forcing you to relocate. Either way,... read more
Posted to: Far West Realty’s Property Management Division

Questions to Ask When Hiring a Property Management Firm

Far West Realty, your local Prescott property manager, understands that hiring a Property Management firm for your rental property is a big decision. If this is the first time you’ve... read more
Posted to: Far West Realty’s Property Management Division

The Fair Housing Act in Regards to Your Rental Properties

So you’ve been managing your own rental properties and it’s beginning to be a hassle. Then someone mentions the Fair Housing Act which, they say, may affect your rental properties... read more
Posted to: Far West Realty’s Property Management Division

The Life Cycle of a Rental

If you are a new rental property owner, or are considering purchasing a rental property, there are many things you will want to know. One of the most often misunderstood... read more
Posted to: Far West Realty’s Property Management Division

The ups and downs of property management from out of town

Prescott is certainly a desirable place to own and rent property. If you live out of the area or out of state there are things you should know about managing... read more
Posted to: Far West Realty’s Property Management Division

Tips for spring buying of investment property

At Far West Realty we know that purchasing a home can be very nerve racking, buying an investment property in Prescott can be even more so. Everyone remembers purchasing their... read more
Posted to: Far West Realty’s Property Management Division

Types of investors that can benefit from property management

Northern Arizona is such a sought after destination for many types of homesteaders, but for sure investors are attracted to our beautiful quad-city area. Real estate investors are drawn to... read more
Posted to: Far West Realty’s Property Management Division

What to look for in a property manager

In this age of word-of-mouth referrals, satisfied customers are by far the best advertisement. When choosing a property manager for your Prescott investment properties, consider the recommendations of the many... read more
Posted to: Far West Realty’s Property Management Division

Why you need proper property management for your multiple income properties

Proper management will be the link to having lucrative investment properties. So much is at play when it comes to investment properties such as: collecting the rent on time, maintaining... read more
Posted to: Far West Realty’s Property Management Division

Why you should consider hiring a property management company

Few tenants will care for your property the way that you would. You probably have an attachment to your home(s), especially if you, yourself, once lived in the home and... read more
Posted to: Far West Realty’s Property Management Division

Why you should invest in rental property, as business is booming

If you are planning to buy an investment property in Prescott, don’t let grass grow under yourfeet, as prices seem to be steadily rising. Prescott has been thought of as... read more
Posted to: Far West Realty’s Property Management Division

Property Maintenance and Property Management Tenant Screening

Far West Realty’s Property Management division is a selective, high-quality service company. Managing only about a hundred carefully chosen properties, we are a fairly small company, focused on meeting the... read more
Posted to: Helpful Property Management Articles

Screening Prospective Tenants - The Rest of the Story

Sometimes screening potential tenants can be as much art as science.  Far West Property Management in Prescott discusses issues encountered with tenants in Prescott. More than once I’ve received applications... read more
Posted to: Helpful Property Management Articles

The importance of property management

Once you have invested in a rental property, the responsibility of maintaining and running the property can quickly become overwhelming.  For owners, the logical solution is to hire a property... read more
Posted to: Helpful Property Management Articles

Advice on Purchasing Investment Properties

For months now, the U.S. housing market has been hampered by too few homes being chased by too many buyers.  The shortage of properties is a problem not only for... read more
Posted to: Helpful Property Management Articles

All That Glitters is not Gold when it comes to being a property manager

We are cautious when we look for prospective tenants to rent from us here at Far West Property Management in Prescott. We screen our tenants thoroughly making sure that we don’t miss... read more
Posted to: Helpful Property Management Articles

An Overview of Property Management

Far West Realty’s Property Management division in Prescott is a selective, high-quality service company. Managing only about a hundred carefully chosen properties, we are a fairly small company, focused on... read more
Posted to: Helpful Property Management Articles

Benefits of having a property manager to communicate with your Prescott tenants

There are few things better than a reliable, on-site intermediary when it comes to managing rental property. If you have a Prescott rental, then you probably know that issues come... read more
Posted to: Helpful Property Management Articles

Communication is key

Communication is essential in the property management business. In order to keep a property in Prescott in the best condition, both physically and financially, property managers need to have open... read more
Posted to: Helpful Property Management Articles

Emergency or.... Not.

Far West Realty in Prescott discusses what really is an emergency for property managers or homeowners.. “Ring . . . Ring . . . Ring . . .”“Hello, this is... read more
Posted to: Helpful Property Management Articles

Full Property Management vs. Lease Up Service

As a landlord, you might be wondering if you require lease up services only, or a full property management service. Sometimes, landlords who live in our local area are okay... read more
Posted to: Helpful Property Management Articles

How to handle repairs and maintenance on your rental property

Today we are talking about how to handle repairs and maintenance on your rental property in the Prescott area. Property maintenance is very important for your rental home, and not... read more
Posted to: Helpful Property Management Articles

Issues with buying properties and becoming a landlord

Have you ever dreamed of buying a property in the Prescott area and becoming a landlord?  Far West Realty in Prescott has a list of issues  for property management that... read more
Posted to: Helpful Property Management Articles

It Isn't Just a Numbers Game...

  “I’m so tired of being treated like a number!”  I’ve heard that line, or lines very similar to it, many times over the years, from Landlords and Tenants alike.  None... read more
Posted to: Helpful Property Management Articles

Keep an Eye on It!

One of the most observable (and preventable) weaknesses in a landlord’s management procedures is the failure to perform regular, personal walk-through inspections of their rental properties.   Rental property isn’t really... read more
Posted to: Helpful Property Management Articles

Landlord Agreements

When a tenant moves out of your rental property, and is no longer obligated to maintain the utilities in his or her name, he or she will typically want to... read more
Posted to: Helpful Property Management Articles

Never Settle

The place is finally ready.  You’ve painted, re-carpeted, repaired, mowed and spit-shined. Your investment rental property in Prescott is now ready to rent.  You’ve taken a host of professional-looking photographs,... read more
Posted to: Helpful Property Management Articles

Never Settle - a Few Tips

Your investment property in Prescott is ready. It has a fresh coat of paint, new carpeting and everything is in working order. The rental looks better than most of the... read more
Posted to: Helpful Property Management Articles

Never settle - Tips to keep your investment property an investment

Your investment property in Prescott is ready. It has a fresh coat of paint, new carpeting, and everything is in working order. The rental looks better than most of the... read more
Posted to: Helpful Property Management Articles

No Plateaus

Recently, I received the following testimonial from some very kind people whom I had had the privilege of serving over the last few years. They had asked me to manage... read more
Posted to: Helpful Property Management Articles

Owning Rental Properties or Flipping Properties Where to put your investment dollars

Many investors are seeking to get into the rental market to create passive income to fuel their lifestyles, and face it, the amount of rental properties in Prescott is growing.... read more
Posted to: Helpful Property Management Articles

Permanant Job or Passive Income

Are you looking to retire with some passive income as part of your plan for your golden years, or are you looking for a job as a property manager? Surely... read more
Posted to: Helpful Property Management Articles

Permanent job or passive Income - maximizing your income from rental properties while minimizing effort

Are you looking to retire with some passive income as part of your plan for your golden years, or are you looking for a job as a property manager? Surely the... read more
Posted to: Helpful Property Management Articles

Permanent job or passive income?

I read an article the other day by Seth Williams, in which he posed an interesting question for those who own or are looking to own residential investment rental property. ... read more
Posted to: Helpful Property Management Articles

Prevention Trumps Cure Every Time

We at Far West Realty of Prescott would like to share a story about how prevention trumps cure every time when it comes to managing rental properties. Back in... read more
Posted to: Helpful Property Management Articles

Property Management Headaches

As I’ve alluded to in my last couple of posts, anyone who’s ever dealt with property management of their own rental property, especially long-distance, has experienced some of the stresses... read more
Posted to: Helpful Property Management Articles

Property Management: Benefits vs. Cost

Are you new to the world of rentals?  Have you looked at having a property manager take over some of the management of your property? Far West Realty’s Property Management... read more
Posted to: Helpful Property Management Articles

Property Management: How Much Can I Get?"

That’s I question I am often asked.  It usually goes something like this:  Dave, I have (or am considering buying) a 1400 square-foot, 3-bedroom, 2-bath home with a 2-car garage,... read more
Posted to: Helpful Property Management Articles

Property Management: Prevention Trumps Cure Every Time

We at Far West Realty in Prescott would like to share a story about how prevention trumps cure every time when it comes to managing rental properties. Back in the 90’s,... read more
Posted to: Helpful Property Management Articles

Protect Your Investment & Maximize Your Return

Both those who have used a property manager before and those who have not, sooner or later learn the value of hiring a real property management company. Far West Realty’s... read more
Posted to: Helpful Property Management Articles

Screen 'Em, and Screen 'Em Well!

I’ve said it before and I’ll keep saying it – “You cannot be too careful or too thorough in screening your prospective tenants.”  This is one area where the rental... read more
Posted to: Helpful Property Management Articles

So, You Want to Be a Landlord...

  Rental properties in Prescott can be a great investment.  Renting out your home in Prescott after you’ve had to relocate for a new job or other life change, can be... read more
Posted to: Helpful Property Management Articles

Some keys to landlord success - Keep an Eye on the Property!

Here are a few tips from the experienced managers at Far West Property Management in Prescott:•    Walk through your rental units regularly.  We recommend at least once every four months.... read more
Posted to: Helpful Property Management Articles

Tenants: All That Glitters is Not Gold

A couple of years ago, a man and his wife applied to rent one of the properties we manage. On paper, they looked very good, being well employed, having a... read more
Posted to: Helpful Property Management Articles

The benefits of hiring a property manager for your rental property

It is a common question that rental property owners and landlord ask, “Is it worth it to hire a property manager to take care of your rental properties? Far West Realty... read more
Posted to: Helpful Property Management Articles

The don'ts of property management

Property management sounds simple.  However what people do not realize is that there is more to property management that what meet the eye.  When choosing a property management company Far... read more
Posted to: Helpful Property Management Articles

The Essence of Walk-Through Inspections in Managing Rental Properties

As we’ve noted before, Far West Property Management monitors our managed properties by means of personal walk-through inspections in Prescott.  We do these about every 3 months.  But, just what... read more
Posted to: Helpful Property Management Articles

The Ideal Time to Purchase Investment Properties

Given you are in no rush to buy, you might as well wait for the best time of the year to buy property: November, December, and January.  Far West Realty... read more
Posted to: Helpful Property Management Articles

The mistakes of hiring inexperienced maintenance for property management

When a tenant reports a problem with your property, it’s your responsibility to fix it.  However, it’s more common for landlords to not have much experience in all the things... read more
Posted to: Helpful Property Management Articles

The Positives to Owning Investment Properties

Far West Property Management in Prescott provides reasons why investment properties in Prescott are a good idea. An income property is a property bought or developed to earn income. Keep... read more
Posted to: Helpful Property Management Articles

The Rest of the Story (When Screening Prospective Tenants)

Screening prospective tenants - Property Management in Prescott by Far West Realty Sometimes screening potential tenants can be as much art as science.  More than once I’ve received applications from people... read more
Posted to: Helpful Property Management Articles

Tips on the Best Starter Investment Properties

From the first decision to invest in real estate to actually buying your first rental property, there is a lot of work to be done. This task may be daunting... read more
Posted to: Helpful Property Management Articles

Tips on Winterizing Your Rental Property

Winterizing your house is the best way to protect your investment property in PrescottWhether or not you’re a fan of cold weather, one thing is inevitable: winter is coming.  If... read more
Posted to: Helpful Property Management Articles

What should you look for when hiring a property manager?

You might own a rental property but are too swamped with other projects to give the property the attention it deserves. Far West Realty would like to share a few... read more
Posted to: Helpful Property Management Articles

When should you hire a property manager for your Prescott rental

 Rental properties are a great investment, but they do take work to manage. Is hiring a property management company the right move for your Prescott rental? Far West Realty shares the... read more
Posted to: Helpful Property Management Articles

Why good tenant / landlord relations are important to your business

Some landlords believe that after a tenant is selected for a residence, the only thing required after that is to collect the monthly rent. This is far from the truth.... read more
Posted to: Helpful Property Management Articles

Why landlords and rental property owners should consider hiring a rental manager

  As a landlord you might consider hiring a property management company for your rental properties. What are the advantages to hiring a property management company and what exactly would they... read more
Posted to: Helpful Property Management Articles

Why Property Management?

Back in ’07 when I first became an owner of a real estate company in Prescott, Arizona, I made calls to all my previous real estate clients to let them... read more
Posted to: Helpful Property Management Articles

Yes, we do it all- Real Estate and Property Management

In an effort to address questions I’ve had over the past year, I’d like to give you a taste of what full service property management in Prescott Arizona looks like... read more
Posted to: Helpful Property Management Articles

You Never Get a Second Chance to Make a Good First Impression

A number of things happen when a good prospective tenant first sees your rental property. Among others, they decide very quickly whether it appeals to them. If it does,... read more
Posted to: Helpful Property Management Articles
How Far West manages rental properties in Prescott AZ

How we manage properties - The Rental Life Cycle

We get calls from prospective clients wanting to know how we do what we do.  We are, at Far West Realty, of course, always glad to give them our “spiel.”... read more
Posted to: The Rental Property Life Cycle
Tenant screening is the fourth step to rental properties in Prescott AZ

The Rental Cycle of Life: Step 4 - Tenant Screening

At Far West Property Management, we thoroughly screen every applicant, using a professional background investigation service.  We also speak personally to previous landlords, and current employers to get first-hand input... read more
Posted to: The Rental Property Life Cycle
Inspections are the first step to rental properties in Prescott AZ

The Rental Cycle of Life: Step 1 - Inspections

Last week I posted a lengthy article covering what we call our “Rental Cycle of Life.”  I want to take some time this week and go a little more in... read more
Posted to: The Rental Property Life Cycle
Property Maintenance is the second step to rental properties in Prescott AZ

The Rental Cycle of Life: Step 2 - Maintenance

Item 2 on Far West Property Management’s Rental Cycle of Life, is Maintenance.  I know that real estate investors are ultimately concerned about one thing with regard to their rental... read more
Posted to: The Rental Property Life Cycle
Marketing is the third step to rental properties in Prescott AZ

The Rental Cycle of Life: Step 3 - Marketing

The single most effective method we’ve found for finding quality prospective tenants quickly, is online advertising.  And, this is simply because it seems that the great majority of people looking... read more
Posted to: The Rental Property Life Cycle
Lease signing is the fifth step to rental properties in Prescott AZ

The Rental Cycle of Life: Step 5 - Lease Signing

I think one of the essential elements of handling any rental property is creating what I refer to as a “Good” lease.  Leases are not “one size fits all” things. ... read more
Posted to: The Rental Property Life Cycle
Management and monitoring is the sixth step to rental properties in Prescott AZ

The Rental Cycle of Life: Step 6 - Manage & Monitor

All too often landlords are so relieved to get a tenant in their rental property, that they forget or overlook one of Yogi Berra’s truest truisms:  “It ain’t over ‘till... read more
Posted to: The Rental Property Life Cycle

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Review:
"We have very much enjoyed our apartment as renters with Far West Realty for several years now, and are happily satisfied in our dealings with Dave Hamill and his staff...." read more
- Tammy and Jim
 
Review:
"Working with Far West has been a pleasure. Dave and his office were responsive to questions and needs throughout my three years leasing from them. ..." read more
- Jim Bogner
 
Review:
"Dave Hamill at Far West Realty was my property manager on a single family house for several years. As an out-of-state owner, I relied on Dave for everything: tenant..." read more
- Kent
 
Review:
"I have been using Far West to manage my rental in Prescott Valley for approximately 7 years. I live out of the area know that things are being taken care..." read more
- Korina Elliott
 
Review:
"Dave Hamill and his team at Far West Realty have managed our property in Prescott Valley for the past five years. It has been an all around pleasant and worry..." read more
- Terry & Carol Bourque
 
Review:
"Dave Hamill and his team at Far West Realty have managed our property in Prescott Valley for the past five years. It has been an all around pleasant and worry..." read more
- Terry and Carol Bourque
 
Review:
"Dave, Re: Our Experience with Far West Realty We have had an excellent experience with David Hamill and his staff at Far West Realty. The goals of the owners and..." read more
- Ken & Diana Turner
 
Review:
"We originally contracted with another Property Management house in Prescott, but they proved that they were incapable of doing even the most basic of jobs (like keeping the power turned..." read more
- David Hresko
 
Review:
"I was a commercial property manager/leasing agent for 26 years in Newport Beach and I well know that it takes some very special skills and abilities in order to manager..." read more
- Cathy M. Prescott, AZ
 
Review:
"I\'ve had Far West for my property management for several years. They take care of everything and send me a check! They schedule regular inspections so that I..." read more
- Theresa Williams
 
Review:
"I have been associated with Far West Realty since it opened. Dave has handled my properties and he is excellent. This is the third property management company I have dealt..." read more
- Jane Deleeuw
 
Review:
"Great, dependable, and honest people that meet the needs of their customers..." read more
- Alex Spence
 
Review:
"Prior to using Dave Hamill at FarWest, I went thru so many management companies. I have been with Far West for many years now! When Dave says he..." read more
- Bernadette Lafferty
 
Review:
"My wife and I have used Dave's services since we bought our property in 2011. As absentee owners, we were concerned about managing our rental property and Dave and..." read more
- Larry Blachut
 
Review:
"Best property manager in Prescott area. Dave handled all aspects of the Leasing and managing of our single family home As an out of state owner,..." read more
- Judy Rosenberg
 
Review:
"Far West Realty has been my property manager in Prescott for the last six years. Dave Hamill and his crew have done a good job for me. They..." read more
- Jim F. Austin TX
 
Review:
"David Hamill is very conscientious and professional. If you are considering Far West Realty for property management services, you will be pleased with their expertise, care, and attention.  Your financial..." read more
- Kent K. Newport Beach, CA
 
Far West Property Management 5 out of 5 based on 17 ratings.
Far West Realty in Prescott AZ - Homes for Sale | Buy Land | Property Management
5 out of 5 stars We have very much enjoyed our apartment as renters with Far West Realty for several years now, and are happily satisfied in our dealings with Dave Hamill and his staff. The very few concerns or problems we have had with our unit have always been met with real consideration and responsiveness. Further, Dave and his staff are readily accessible and always courteous. Tammy and Jim
Far West Realty in Prescott AZ - Homes for Sale | Buy Land | Property Management
5 out of 5 stars Working with Far West has been a pleasure. Dave and his office were responsive to questions and needs throughout my three years leasing from them.
Far West Realty in Prescott AZ - Homes for Sale | Buy Land | Property Management
5 out of 5 stars Dave Hamill at Far West Realty was my property manager on a single family house for several years. As an out-of-state owner, I relied on Dave for everything: tenant selection, lease negotiation, recovery when a former tenant didn't pay the last month's rent, cleaning, maintenance, marketing, managing repair work, etc. Dave and his team were always professional, courteous, competent, and just nice people. I wholeheartedly recommend them!
Far West Realty in Prescott AZ - Homes for Sale | Buy Land | Property Management
5 out of 5 stars I have been using Far West to manage my rental in Prescott Valley for approximately 7 years. I live out of the area know that things are being taken care of. I have complete faith in Dave and his team in the oversight of my property. They are thorough and very prompt in any given situation. I love the fact that I know that the house is being taken care of with TLC. You can't put a price on piece of mind and that is exactly how I benefit from using them. I would strongly recommend using Far West for your management needs. You will not be disappointed.