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and any late fees or penalties for overdue payments. This minimizes confusion and helps tenants better understand their financial responsibilities. • Regular communication. Maintaining open lines of communication with tenants is crucial. Landlords should address potential issues or concerns with the tenants before they escalate. If necessary, send reminders to tenants a few days before rent is due. • Offer options. When tenants face financial difficulties, landlords should approach the situation with empathy while still upholding the lease agreement terms. Offering flexible payment options or creating a payment plan can help tenants meet their obligations without the need to evict the tenant. All agreements must be done in writing. • Use technology. Make it easier the tenants to pay rent by using online resources like a tenant portal. Online access allows tenants to submit payments conveniently and securely. Automation features, such as reminders and late fee assessments, reduce administrative burden and encourage timely payment. • Understand your legal rights. If your tenant is persistently late or does not make payments, be prepared to exercise your legal rights. You should familiarise yourself with Arizona’s Landlord and Tenant Act. These laws provide guidance on handling late rent payments and initiating eviction proceedings when necessary. Sticking to these procedures protects your rights and interests. • Maintain a professional relationship. A professional relationship can contribute to smoother rent collection efforts. A positive relationship can encourage tenants to prioritize their rent payments and communicate openly about any rent issues they are facing. Please contact Crest Premier Properties if you are someone you know is having problems with the timely collection of tenants’ rent.
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Over 500 Homes Sold in 5 years
C OLLECTING RENT ON TIME IS critical for landlords to successfully manage their rental properties, but it’s not without its challenges. Landlords struggle with late payments when tenants experience financial hardships or other issues, which often interfere with the cash flow and strain landlord-tenant relationships. However, with proactive strategies and clear 6 strategies to ensure timely rent payments BY SHERMAN AND EUPHEMIA WEEKES
Dayv Morgan ABR, CDPE, CSSPE OWNER, REALTOR ® �
Previous sale: $599,995 (2022)
640,000 $
40698 W. Hall Drive
Mar. 21
communication, landlords can navigate these issues. Here are six strategies landlords can use to ensure timely payments: • Rent payment policy. Establish transparent rent payment policies from the outset. These policies should be written in your lease document and should state the due date, accepted payment methods
This home in the Lakes at Rancho El Dorado brings a little piece of the golf course community indoors. The RV garage was converted into a driving range, with a net against the wall and an astroturf tee box. The house has an attached two-car garage and boasts three bedrooms and two-and-a-half baths. The backyard covered patio opens into the dining room on one side and master bedroom on the other. A bonus home office in the loft is separated by a large barn door.
(480) 251-4231 • DayvMorgan@gmail.com MaricopaHomeSmart.com
Community: The Lakes at Rancho El Dorado Square feet: 2,555 sqft. Price per square foot: $250.49 Lot size: 10,486 sqft.
Days on market: 41 Builder: Richmond American Year built: 2022 Bedrooms: 3 Bathrooms: 2.5
Maricopa resident since 2006
2. 22303 N. Daniel Drive, The Lakes at Rancho El Dorado.........................$580,000 3. 43350 W. Desert Fairways Drive, Rancho El Dorado................................$562,000 4. 40878 W. Chambers Drive, The Lakes at Rancho El Dorado................$547,000 5. 40825 W. Agave Road, The Lakes at Rancho El Dorado.........................$545,000
least expensive HOME SOLD
249,900 $
Quality Plumbing At A Fair Price
42514 W. Candyland Place
Mar. 18
(520) 509-7948 • Gas Lines
This Province duplex has two bedrooms and two bathrooms. It has a two-car garage and covered back patio. The kitchen, living and dining rooms are all connected. It sold for
See Us For All Your Plumbing Needs
• General Plumbing • Reverse Osmosis Systems • Water Heaters • Water Softeners • Camera Sewer Lines, Blockages, Breaks & Home Inspections • Electrical Locating • Gas Line Locating • Electronic Leak Locating • Sewer Locating 24-HR Emergency service
Previous sale: $153,000 (2016)
$30,000 under the original list price.
• LOCAL NEWS • TRAFFIC • CALENDAR • ADVERTISING • BUSINESS DIRECTORY
Community: Province Square feet: 1,324 sqft. Price per square foot: $188.75
Builder: Engle Year built: 2004 Bedrooms: 2 Bathrooms: 2
480-838-9558 crestpp@gmail.com CrestPPM.com 4625 S. Lakeshore Drive, Suite 300, Tempe
Lot size: 4,906 sqft. Days on market: 198
HOURS: Mon-Fri. 8am-5pm Sat.
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2. 42500 W. Hillman Drive, Rancho El Dorado...........................................$270,000 3 . 45415 W. Desert Garden Road, Alterra.....................................................$280,000 4. 44321 W. Cypress Lane, Desert Cedars...................................................$285,000 5. 45617 W. Sky Lane, Maricopa Meadows ................................................ $290,000 Source: MLS, March 10 – April 13
By appointment
ROC# 259533
44400 W. Honeycutt Rd. Suite 106 MyMaricopaPlumber.com
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