Owner Services

Everyone’s time is worth some dollar denomination.  What is yours worth?  And what is your sanity worth?  Many times it seems upfront before you begin a project such as managing your own investment property, like a great idea.  However, quickly it starts becoming more and more work than expected weighing you down and causing stress. Hit the easy button, and let MPM take over your property management!

Even if you only have one rental property, it may be very taxing on your trying to find the time to property manage your property and still keep up with your busy lifestyle.  Also, if you plan to scale your portfolio in the future, we believe it’s imperative to have a great property manager partner to help you focus on the things you do best.  As investors ourselves, we know what it takes to effectively manage rental properties.  

This a very important question to ask any potential PM candidate.  We firmly believe that a good property manager will also own their own rental houses.  At MPM, we personally own over 30+ investment units.  We know what it takes.  

Know thyself and be free.  This is a great quote and is very true.  If you know you don’t deal with potentially stressful situations well, professional property management is for you. 

Have you dealt with coordinating contractors? Insurance claims? Knowing reputable trades to get the job done to your property correctly? If not, these are just some of the things MPM will do for you.

This is something to strongly consider as it is true. Repairs and issues don’t wait until convenient times. They happen at all times of the day and can happen any day of the week. If this sounds a little over the top, let MPM be on the clock for you.

Tenants will be late on payments from time to time… it will happen, it’s just a matter of time. When it does, it’s crucial how you react as this sets the tone for the working relationship between the owner and the tenant moving forward. And if the tenant does not cooperate, you will eventually have to evict them. If you are self-managing you can do it yourself or you can hire an attorney to do it for you.

If you live close to your rental property it typically is a good thing as it helps you stay more connected and in tune with what is going on at the property. However, there could be some downsides to that as well. If you live a long way from the property or possibly not even in the same city or state, you potentially may have some additional problems with not knowing what is happening to the property and even a tenant who thinks they have more “rope” to not pay you on time and things of that nature. Overall, long distance management is a little more challenging. MPM loves helping out-of-state clients with their property management needs.

This is imperative. Many tenants end up knowing the laws for their respective state better than the landlords do which can end up putting the landlord in a bind in certain situations. You need to know your rights and the tenants rights under the law to have the best possible experience managing your own property. MPM is well versed on knowing the laws of the state of Arizona.

This is an important aspect of property management. As an investor, you need to know your numbers which in turn allow you to know the return on investment, cash flow, return on equity, cap rate, and other metrics that are important to give you the overall picture of your investment. MPM provides you the appropriate data you need to be an astute real estate investor.