Call us today at 123.456.7890 or enter your address below.
Successful property management in Scottsdale,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 Scottsdale 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 Scottsdale 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.
The tourism industry is Scottsdale’s number one employer, the city itself has over 70 resorts and hotels, boasting over 15,000 hotel rooms. The region’s year-round warm weather and abundant sunshine is a major factor in Scottsdale’s tourism appeal. In particular, during the winter, thousands of wealthy tourists from the midwest, the northeast, and as far away as Canada(known locally as “snowbirds”), flood the area with long-term visits. These tourists, who often practice the same migration routine annually, often end up purchasing second homes in the area.
However, Scottsdale’s recent growth in, upscale restaurants, art galleries, luxury shopping and trendy high-end nightlife, has made it a popular travel destination for the younger, white-collar, more style-conscious traveler. In 2015, Scottsdale tied with Atlanta for fourth, after New York City, Las Vegas, and Chicago respectively, as having the most AAA Five-Diamond hotels and resorts in the United States. The four such properties the AAA bestowed with the highest honor were The Phoenician, The Canyon Suites, Four Seasons Resort Scottsdale at Troon North, and the Fairmont Princess Resort and Spa.
Annual Events in Scottsdale
Scottsdale Arabian Horse Show – Since 1955 the Annual Scottsdale Arabian Horse Show has set the pace in the Arabian horse world. It has grown from 50 horses to nearly 2400 horses bringing top owners, trainers and breeders from around the world competing for a chance at winning.
Barrett-Jackson Auto Show – Each January, auto enthusiasts and collectors flock to North Scottsdale for the famous auction that features exotic, luxury automobiles and historic vehicles restored to mint condition. Now held at the expansive West World exhibition complex.
Spring Training – The city is the spring training home of the San Francisco Giants, who practice at Scottsdale Stadium in Downtown Scottsdale. The Colorado Rockies and Arizona Diamondbacks began sharing a new spring training facility, Salt River Fields at Talking Stick.
Phoenix Open Golf Tournament – originally began in 1932, the Waste Management Phoenix Open is held annually each January at Tournament Players Club(TPC) in North Scottsdale. It is the largest-attended stop of the annual PGA Tour, attracting well over 500,000 people to the 4-day event alone. Experiencing the 16th hole should be on your bucket list.
Setup a convenient time to speak to our New Client Specialist. We’ll call you!
HOW IT WORKS
VIEW SAMPLE REPORT
