Prescott Property Management Blog

Why You Need Strong Lease Administration in Your Commercial Portfolio

While much of Arizona saw a big jump in commercial leasing activity after the pandemic, that activity has now slowed to a trickle. In fact, leasing is now down 12% year-on-year, as businesses scale back and offices downsize to accommodate a flexible workforce.As a commercial land...

Tips for Conducting a Successful Rental Analysis in Prescott, Arizona

With just one to two years of experience, real estate investors in Prescott, Arizona can make an annual salary of $123,726. However, there is a lot of work that goes into making your properties profitable.First, you need to find the best areas, get your funds together, and conduc...

5 Benefits of Tenant Screening in Prescott, Arizona

Can you afford not to screen your tenants? The answer is no! A bad tenant can cost you thousands of dollars in damages, lost rent, and headaches.But tenant screening isn't just about ensuring you're not renting to criminals. It's also about protecting yourself and you...

How to Start Real Estate Investing in Prescott, Arizona

In the past decade, Prescott homeowners have gained an average of $200,000 in wealth thanks to property appreciation. Unlike more volatile investments, real estate almost always yields a strong ROI.Does that mean you should go out and buy the first property you come across in Pre...

3 Tips for Finding Luxury Homes for Sale in Prescott, AZ

It's shocking that the median price of homes in Arizona is around $437,000.Prescott, Arizona is a hotspot for luxury real estate. If you've ever dreamt of living in a picturesque setting amidst the breathtaking landscapes of Prescott, you're in luck.Prescott, AZ luxur...

How to Navigate the Real Estate Market in Prescott, AZ

Are you feeling overwhelmed by the real estate market in Prescott, Arizona? Do you feel you're missing out on the best opportunities to buy or sell a home?Trying to maneuver the real estate market in the Prescott area can be challenging. It's easy to get lost in all the i...

3 Things to Consider Before Starting a Short-Term Rental in Prescott, Arizona

Owning a short-term rental property comes with challenges, but there are many unique rewards. You can build equity, establish passive income, and have a place to stay if necessary. This is why so many people in Arizona are looking for investment opportunities.In this state, buyer...

Effective Real Estate Marketing Strategies: Reaching Your Target Audience in Prescott, Arizona

Are you a Prescott, Arizona landlord seeking easy real estate marketing tips? In this blog, we'll explore practical methods to attract tenants and optimize your investments.Prescott's charm and beauty make it a sought-after place to live. Whether you manage properties alo...

Maintenance and Repairs: A Guide to Keeping Commercial Properties in Top Shape in Prescott, Arizona

Do you own commercial property in Prescott, Arizona? If so, you will likely appreciate that maintenance and repairs should never be underestimated.Prescott has a unique climate and thriving business environment. This makes it essential for property owners to keep their investment...

What's Next After Buying Your First Rental Property in Prescott, Arizona?

Did you know that there are around 11 million individual investor landlords in the United States? If you're reading this, chances are you've just joined their ranks by purchasing your first rental property in beautiful Prescott, Arizona. Congratulations on taking thi...