Far West Realty - Rentals and Propery Management in Prescott
 

The Rental Cycle of Life: Step 1 - Inspections

Inspections are the first step to rental properties in Prescott AZ

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 depth about the 1st item on the cycle:  Inspections.  Far West Property Management's idea of managing a property revolves around always knowing what is going on with the Prescott area rental property.

Good tenants are certainly a help in this process, because if anything is leaking, broken or in any way malfunctioning on the property or in any of its systems, they will typically report it to us right away, so that we can track down and correct the problem.  But sometimes, things can be going wrong behind the scenes that simply are not apparent to the inexperienced eye.

Regular walk-throughs of a property by an experienced property manager who is familiar with a particular property, can often reveal things that the tenant is not aware of.  And, even if the property is being immaculately cared for by the tenant, and even if all systems are in first rate condition, with no breakdowns, glitches or other types of malfunctions, the regular presence of a good property manager in the property yields a lot of good.

For one thing, our regular interest in the condition of the property shows tenants that maintaining the quality of their living space is important to us, and they, in turn, feel more confidence in the landlord’s commitment to the condition of the property, and so, they feel a greater sense of commitment to it themselves.  The result is that they are happier, take better care of the property, and they tend to stay longer.

This is, of course, a very good thing for our clients, the property owners.  Abuse is avoided.  Deterioration of the property, the dwelling and all the appurtenant systems is kept at bay, because of more timely detection and correction.  Vacancy rates are kept very low, and cash flow is more consistent with fewer interruption.

Because we think these regular walk-throughs are essential, we include a clause in all our contracts providing for them, and the tenants all agree to it, having always had advance explanations and understanding that this will be part of life in one of Far West Property Management’s rentals. So, there are no surprises. Then, about three to four times a year, we set appointments well in advance with tenants and go conduct the walk-throughs at the appointed times.  Tenants like the idea of being able to speak face to face with one of our managers.   They come to know that we are interested in them and their concerns, and are always glad to help.

The result is happy tenants, well-maintained, more profitable rental investments, and very satisfied clients.  If you’d like to know more about how Far West Property Management can help you care for your hard-earned real estate investment, contact me, Dave Hamill today, at 928-772-9400.

For more on how we can help you manage your rental properties, contact us today!

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"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
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"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
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"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
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"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
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"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
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"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
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"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
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"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
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"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
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"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
 
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"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
 
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"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
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"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
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"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
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"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
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"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
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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.