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Hide Amount Field in the Assessment Of Condition Of Rental Property

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Aug 6th, 2022

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How to Hide Amount Field in the Assessment Of Condition Of Rental Property

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[Music] hi clayton its barb again i got a question about uh after a tenant moves out and get in there what do you do if they mess everything up especially if its more damage than they gave you in a deposit appreciate it thank you barb sounds so sounds like barbara said i i think she was a caller in our show a few months ago and was had a question about tenant damage and so she sounds like she dealt with a pretty bad tenant in the property uh and look you know this is going to happen as a real estate investor youre going to deal with tenant damage at some point especially i mean just think about it right i like to think if you when youre getting started with real estate investing there are a number of things that youre probably nervous about when you get started right youre probably worried about what if i have a tenant that doesnt pay what if i cant find a tenant for the property um i dont thats really going to be your biggest fears right what if i cant get a tenant for the

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Got questions?

Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

Under which circumstance may a tenant withhold rent in an amount equal to property repairs in Arizona?

You can withhold rent only under the self-help repair statute if a landlord doesnt perform repairs within ten days of being notified. A tenant cannot withhold rent under any other circumstances in Arizona.

How do I withhold rent in AZ?

Under Arizona law, a tenants right to withhold rent doesnt apply until they notify the landlord of the issue with their rental unit. The law doesnt require a specific method of giving notice. However, its recommended that notice be given in writing via certified mail in case there are legal proceedings.

What repairs are landlords responsible for in Arizona?

2 THE LANDLORD MUST MAINTAIN FIT PREMISES AND Make all repairs to keep the property fit and habitable. Keep the common areas clean and safe. Maintain all services and appliances in good and safe working order. Provide and maintain trash receptacles.

How long does a landlord have to fix something in Arizona?

Your landlord must make repairs within ten days of the written notice (per A.R.S. 33-1363). For landlords who fail make repairs within ten days, renters may be able to make use of the self-help repair statute (A.R.S.

What is the average expense ratio for a rental property?

For apartment buildings, a good operating ratio usually falls between 35% and 45%. However, its important to compare properties locally as expenses can vary between municipalities.

How do you handle accounting for a rental property?

Rental Property Bookkeeping 101 Separate your personal and business accounts. Set up individual accounts for each property. Implement a system for tracking your income and expenses. Choose between the cash or accrual accounting methods. Take advantage of accounting technology. Prepare for fluctuating expenditures.

Which of the following is not typically included in tenant eligibility criteria?

Which of the following is NOT typically included in tenant eligibility criteria? The answer is marital status.

Can you withhold rent for repairs in Arizona?

There is no provision in Arizona law that allows a tenant to withhold rent because the landlord is being disagreeable or because a landlord broke oral promises to a tenant. Except as is explained below, a tenant may not withhold rent.

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