Call us today at 123.456.7890 or enter your address below.
Successful property management in Tempe,AZ requires a lot of time, effort, experience and knowledge. Let us save you that time, effort and frustration that comes with gaining that experience.
As a full service property management company, our team is responsible for taking care of all aspects of managing your rental(s).
Our Rental Analysis Report helps landlords and us make data-informed decisions about their rental property, including rate estimates and other information so they can invest and manage investment property more wisely.
Get Optimized Rental Value for Your Property
Gain Crucial Insight Into Current Market Conditions
Determine Your Cashflow from Monthly Rental Value
Most property management Tempe companies are setup as what is called “Portfolio Based”. This means one person, your property manager, handles every aspect of your property; advertising, leasing, maintenance, communication, etc and you only have that one point of contact. That property manager does that for anywhere from 150 – 300 properties. You can imagine how hard it would be as a client to get what you need from that person.
Mosaic Property Management is setup as a “Departmental Management Company”. What that means is several different people handle your property in each person’s area of expertise. The benefits to you as the owner are immense. For example, your rental property maintenance needs are handled by our maintenance department. Day in and day out they facilitate repairs and maintenance on over 500 rental properties. That is their sole focus and are centrally located in the office. They are not unavailable due to out of the office tasks like inspections, new property setups, leasing, etc. This works out better for the owner and your tenants.
The cost of vacancy is the single highest expense to an owner. Getting your property rented quickly, with tenants who pay, is the top priority.
The average days on market for Tempe Rental Homes is 56 Days, but with our expertise in the rental market and extensive marketing platform, we usually find your next tenant within 30 days.
Your home must be in rent ready condition to compete in this market. Tenants want to feel like you are proud to own the property. Cleanliness is top priority and the reason why every home is professionally cleaned during each vacancy. Flooring that is in good condition, fresh paint or touch up completed, along with appropriate landscaping in good condition are must haves.
Setting the correct rental rate is the most important part of getting your property rented quickly. Unfortunately, the rental market is unsympathetic to what your mortgage payment is. If you are holding out for $1400 when the rental comps are $1250, your only prolonging the inevitable, as well as losing income that you won’t be able to recoup.
Lets say market rent for your property is $1195, but you need $1400/Month. After 2 months of vacancy it rents at $1300.00/month. What will you earn over the 14 month period?
12 x $1300 = $15,600.00 divided by 14 months = $1114.29/Month!
If you had set the rental price at the market rate and rented the property at $1195/Month right away with no vacancy, you would’ve made $1129.94 MORE MONEY over the same 14 month period!
$1195.00 x 14 Months = $16730.00!
$1114.29 x 14 Months = $15600.06!
Difference = $1129.94
In this situation you would have lost $1129.94 by trying for the above market rent. When we price your home and determine the market rent, we are looking for that number that gets your property occupied as quickly as possible that results in the best return on your investment.
From Arizona State University to Tempe Town Lake, there’s surely no shortage of cool sites and activities in the area. In fact, Tempe Town Lake is one of the more unique landmarks because it is, in fact, a great lake in the middle of a city right in the middle of the desert! The site of various events throughout the year, such as the Tempe Town Lake Festival, the Lake is one of the most popular landmarks in the area. Along with Sun Devil Stadium, Mill Ave., Tempe Beach Park and Tempe Center for the Arts, you’ll find a new multi-building complex which houses several established and up and coming businesses.
Tempe is the home of one Fortune 500 company; Insight Enterprises, as well as Fulton Homes, Mobile Mini, First Solar, LifeLock and Salt River Project who employs over 4300 people. Tempe is a great place to live, work and play. With the growth and opportunities the city has, it is also a great place to invest in a rental property.
History of Tempe, AZ
The Tempe City area was first settled by Hispanic families from Southern Arizona. These families are known to be some of the first to help construct the first two irrigation canals in the area, the Kirkland-McKinney Ditch, and the San Francisco Canal.
These same settlers also started small farms and, in 1872, founded a town called San Pablo just east of Tempe Butte. To the west of Tempe Butte was Hayden’s Ferry, named after Charles Trumbull Hayden who was the owner of a mercantile and freighting business. Over time, these two settlements became one community, soon known as Tempe in 1879. The name “Tempe” was reportedly given by “Lord” Darrel Duppa, an Englishman who helped establish the nearby city of Phoenix, because the butte, the river, and the surrounding green fields reminded him “of the Vale of Tempe in Ancient Greece.”
Visiting Tempe, AZ?
Make sure to check out Tempe Marketplace. Creating a vibrant and interactive experience, Tempe Marketplace has shopping, dining and entertainment in an outdoor setting. Water features, laser elements and outdoor fireplaces make it a great evening experience as well.
2000 E. Rio Salado Pkwy.
Tempe, AZ 85281
Located at Loop 101 & 202
Tempe Hot Spots:
Gammage Auditorium
Mill Avenue
Tempe Center for the Arts
Arizona Mills Mall
IKEA Tempe
Setup a convenient time to speak to our New Client Specialist. We’ll call you!
HOW IT WORKS
VIEW SAMPLE REPORT
