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Paul Ruston, Broker
Renters Choice Homes

Phone: 480-626-0166
Paul@RCH-AZ.com

Mailing and Delivery Address:
1334 E Chandler Blvd
Suite 5 A-16
Phoenix, AZ 85048-6267

9 Biggest Mistakes in choosing a Property Management Company.

  1. Choosing a company that doesn’t inspect every home every month. How can you know your home is being taken care of if your Property Manager (PM) isn’t looking at it every single month? We inspect all of our homes every single month. We do interior inspections 6 months after a tenant moves in and then yearly after that. We are not aware of any other property management company that performs this crucial task.
  2. Paying a percentage (%) of the lease price as a Management Fee. Why do some companies charge twice as much to manage a $2000/month home as a $1000/month home? Are they harder to manage? No.  In fact, low priced homes are the hardest to manage. Tenants in those homes are usually younger, lower income, and financially or emotionally vulnerable to life’s changes. As a result there are more job losses, break ups/divorces and surprise financial happenings that can easily affect the likelihood of getting rent on time (or at all). Renters Choice charges a low flat fee of $85 per month for any home we manage.
  3. Choosing a company that doesn’t offer MLS and Realtor.com to market your property. Using MLS (the Multiple Listing Service – how Realtors know what homes are available for rent) in association with Realtor.com (the world largest and most used real estate web site) to market your property is critical to find the highest quality tenant in the shortest time possible
  4. Trusting your Management Company. Does that sound cynical? Yes. But after years of shocking stories of promises made and not delivered by other companies, not trusting your property management company is the wisest move a smart property owner can make. With Renters Choice all of our communications are documented and available to you. All repairs have invoices with photos proving the repairs were done. All inspections are documented and date stamped and continually available for your review so that you know that we have done what we have said we would do. Will you trust us? Of course. But we believe you should “Trust but Verify”.
  5. In-house agents showing your vacant property. Sounds like a terrific idea, right? Wrong. If you are a tenant looking for a house you are likely driving by areas that you want to live in. Once you find one that looks interesting you want to see it now. But it can easily take an agent 2+ hours to 2 days to arrive (assuming they are available at all). To solve that problem most companies use generic combination lockboxes and give the prospective tenant the code. However, that presents a security issue. Once a tenant has the combination what is to prevent them from coming back into the home and taking what they want? At Renters Choice we use an electronic lockbox that tenants must register to use (which includes supplying credit card information) that gives them one time access to your property. Since we have all of their information there is no security concern. 
  6. Property Management company doesn’t use Realtor electronic lockbox. Not only do we use lockboxes with changing combinations, we use Realtor electronic lockboxes as well that track all activity from who showed the house to when. They also allow us to get feedback on all showings. With feedback we can quickly discover if your price is in line with other rentals in the area or if there is an easily curable condition that we can take care of quickly. That reduces market time and vacancy days.
  7. Choosing a company that has too many “active” properties. The easiest way to gauge a Management Company’s marketing success is reviewing their “Properties Available” page on their web site. In this market a home should never be on the market longer than a couple of weeks. If a Management Company has 20 or 30 properties available that is a sign that individual owners are being forgotten and thousands of dollars of potential rent is being lost.
  8. Not having Broker negotiated leases. A lease is an extremely important contract between you and the tenant. As with all contracts, they should be negotiated by skilled professionals. At Renters Choice, all leases are negotiated by our Broker who has been in real estate sales and leasing for well over 24 years. He also has been one of the Top 300 Realtors in America, the Top 100 Realtors in America and Top 50 Solo Producing Realtors in America. He has negotiated literally THOUSANDS of successful contracts.
  9. Choosing a company that has cancelation fees. One way to judge a company’s confidence in their service is reviewing their cancellation fees. If they truly believe they do a good job and keep the promises they make, then there wouldn’t be a need for cancelation fees. At Renters Choice, we are so confident that you will love our service that if you aren’t happy within the first 90 days you can cancel your service and receive 120% of your money back! If you want to cancel after that, there are no fee! It’s as simple as that.

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$1,395 For Rent

2921 E Shangri La Road
Phoenix, AZ 85028

3 beds, 2 baths | Rental
1,625 sq ft, 9148 sq ft lot - MLS# 5600230
Property Photo
1/23

Description

Great classic central Phoenix ranch style home freshly painted inside and out. New carpet, lots of tile throughout. Formal living and dining area. Family room and adjacent breakfast nook next to galley style kitchen. Large laundry with extra storage. Oversized master bedroom with walk in closet and master bath with tiled stall shower. Two additional bedrooms, also a good size and huge hall bath with tub/shower combo and amble vanity area. Large lots with sprinkler in back. Front yard has new gravel for ease of maintenance. Double car garage with additional extra storage space. Extra insulation keeps power use down. Super location close to everything.

Features

  • # of Parking Spaces: 2
  • Approx Lot SqFt: 9247.00
  • Approx SqFt Range: 1, 801 - 2, 000
  • Apx Lot Size Range: 1 - 7, 500
  • Baths (full): 2
  • Bedrooms: 3
  • Bedrooms Plus: 3.00
  • Carpet Color: tan
  • Cleaning Deposit/Fee: 250.00
  • Const - Finish: Painted
  • Construction: Block
  • Cooling: Refrigeration
  • County/Area: Maricopa County
  • Credit Check Amount: 40.00
  • Dining Area: Eat-in Kitchen, Formal
  • Dwelling Styles: Detached
  • Earnest Deposit: 1000.00
  • Elementary School: Desert Cove Elementary School
  • Exterior Features: Covered Patio(S)
  • Exterior Stories: 1
  • Fencing: Wood
  • Flooring: Tile, Carpet
  • Fully Refundable Dep: Security Deposit
  • Furnished?: Unfurnished
  • Garage: 2-Car
  • Heating: Electric Heat
  • High School: Shadow Mountain High School
  • High School Dist #: 069 - Paradise Valley Unified District
  • Kitchen Features: Refrigerator, Cook Top Elec, Range/Oven Elec, Dishwasher
  • Landscaping: Yrd Wtring Sys Back, Grass Back, Gravel/Stone Front
  • Laundry: Wshr/Dry HookUp Only
  • Lease Information: Management - Owner, Lister Writes Lease, No Smoking Allowed, 12 Month Minimum
  • Listing Status: Active
  • Lot SqFt: 9247.788
  • Master Bathroom: 3/4 Bath Master Bdrm
  • Middle School: Shea Middle School
  • Other Rooms: Family Room
  • Parking Features: Electric Door Opener
  • Parking Spaces: 2
  • Parking Spaces: Slab Parking Spaces: 2.00
  • Pet Deposit/Fee: 250.00
  • Pets: Lessor Approval
  • Property Description: North/South Exposure
  • Property Type: Rental
  • Rent Payable: Owner
  • Rental Tax Percent: 2.30
  • Roofing: Comp Shingle
  • School District: 069 - Paradise Valley Unified District
  • Security Deposit: 1350.00
  • Services: City Services
  • Sewer: Sewer - Public
  • Source Apx Lot SqFt: County Assessor
  • Source of SqFt: County Assessor
  • Sq.Ft.: 1625
  • Stories: 1
  • Style: Ranch
  • Sub Type: Single Family - Detached
  • Subdivision: Melrose Paradise 2 Amd
  • Subdivision/Neighborhood: Melrose Paradise 2 Amd
  • Total Baths: 2.00
  • Utilities: APS
  • Water: City Water
  • Window Coverings: Vertical Blinds
  • Year Built: 1961
  • Zip Code: 85028