HOME
HOME
most expensive HOME SOLD
Maricopa’s #1 Realtor
Take action today Minimizing vacancies and tenant turnover isn’t just about maintaining your rental income — it’s about unlocking the potential for long- term success and portfolio expansion. By prioritizing tenant retention, acting swiftly during turnovers and optimizing your property’s performance, you can break through the barriers holding you back from growing your rental portfolio. Struggling with vacancies? We can help. Our expertise in tenant retention and quick leasing will keep your properties occupied and your income steady.
Over 500 Homes Sold in 5 years
Dayv Morgan ABR, CDPE, CSSPE OWNER, REALTOR ® �
F OR SELF-MANAGING RENTAL PROPERTY owners, vacancies and tenant turn- over are more than just day-to-day challenges — they are significant barriers to achieving long-term growth. Each empty unit not only drains your income but also limits your ability to reinvest and expand your portfolio. Here’s how addressing vacancies and turnover can unlock your rental property’s full potential. The cost of vacancies Vacancies directly impact your bottom line. An unoccupied unit means lost rent, plus added expenses like utilities, marketing and maintenance to prepare for new tenants. These costs reduce profits and slow down portfolio expansion. By minimizing vacancies, you ensure steady cashflow, making it easier to save and reinvest. Growing through tenant retention Keeping tenants long-term is the best way to cut costs and grow your business. High turnover brings extra expenses — advertising, screening and unit preparation — all while delaying rental income. Strengthen tenant relationships with clear communication, fast maintenance responses and small incentives like flexible lease terms or minor rent discounts. Happy tenants mean fewer vacancies and a more stable financial future. Handling turnover quickly, efficiently Some turnover is unavoidable, but acting fast reduces financial loss. Immediately address repairs, cleaning and upgrades to make the unit move-in ready. Use professional photos and compelling online listings to attract tenants quickly. Streamline screening and Vacancies and turnover The hidden obstacles to expanding your rental portfolio BY SHERMAN AND EUPHEMIA WEEKES
leasing to minimize downtime and maintain cashflow. Removing barriers to growth Vacancies and turnover create a ceiling on your investment potential. A property that isn’t generating steady income limits your ability to buy new properties, improve existing ones or build financial security. Reducing tenant turnover and filling vacancies faster removes these roadblocks, allowing your portfolio to grow.
755,000 $
40516 W. Hall Drive
Feb. 19
This brand new Lakes home billed itself as perfect for a car collector. With an open floorplan, the gourmet kitchen is connected to the living and dining areas. The home has an RV garage connected to an oversized three-car tandem garage with “built-in custom cabinets and an epoxy-sealed floor, ideal for showcasing your prized possession,” according to the Multiple Listing Service. The backyard has a patio, detached gazebo, gas grill and pool. The home sold for $15,000 below the asking price.
480-838-9558 crestpp@gmail.com CrestPPM.com 4625 S. Lakeshore Drive, Suite 300, Tempe
(480) 251-4231 • DayvMorgan@gmail.com MaricopaHomeSmart.com
Community: The Lakes at Rancho El Dorado Square feet: 2,580 sqft. Price per square foot: $292.64 Lot size: 12,514 sqft.
Days on market: 98 Builder: Richmond American Year built: 2022 Bedrooms: 3 Bathrooms: 2.5
SPONSORED CONTENT
Maricopa resident since 2006
Maricopa’s full-service GLASS company
2. 22155 N. Cline Court, Rancho El Dorado.........................................................$655,000 3. 18769 N. Falcon Lane, Glennwilde........................................................................$607,000 4. 41961 W. Lucera Lane, Glennwilde.......................................................................$575,500 5. 40259 W. Michaels Drive, The Lakes at Rancho El Dorado...................$509,995
OVER 30 YEARS EXPERIENCE
LIZARD HEIGHTS L GLASS
SERVICE AT A HIGHER LEVEL
least expensive HOME SOLD
230,000 $
19379 N. Miller Way
Mar. 4
HOME
AUTO
BUSINESS
Marketed as a “great investment or first-time homebuyer opportunity,” this Meadows home has an open floorplan with a connected kitchen, living room and dining area. It was badly cluttered when it sold. The home has a two-car garage and a dirt backyard. It sold at the asking price.
Previous sale: $65,000 (2009)
Home • Dual Panes (Insulated Glass) • Fogged Windows • Single Pane Windows • Table Tops • Shelves • Mirrors • Window & Sliding Door Repair • Custom Shower Doors/Enclosures
Auto • Window Replacement • Windshield Repairs • Calibration Services • Heavy Equipment • Mobile Service • Insurance Accepted
Business • Store Front Glass
• Entrance Door Repair • Transaction Windows • Desk Top Protection • Mail Slots
Community: Maricopa Meadows Square feet: 1,197 sqft. Price per square foot: $192.15 Lot size: 5,176 sqft.
Days on market: 36 Year built: 2006
Bedrooms: 3 Bathrooms: 2
19 YEARS IN MARICOPA
2. 36595 W. Mondragone Lane, Anderson Farms....................................$283,990 T3. 43304 W. Cowpath Road, Senita..............................................................$285,000 T3. 36521 W. Santa Maria St., Tortosa............................................................$285,000 T5. 18489 N. Davis Drive, Desert Passage...................................................$290,000 T5. 22708 N. Kennedy Drive, Rancho El Dorado......................................$290,000 Source: MLS, Feb 10 – March 9
ROC 222193 CR65 • Licensed • Bonded • Insured • Master Auto Glass Techs 520-868-6180 • www.LizardHG.com Est. 2006 Let us show you what service should be like
InMaricopa.com | April 2025
April 2025 | InMaricopa.com
52
53
Powered by FlippingBook