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Rent Right’s 10 Step Rental Process

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Excellence in Every Step of the Process.

Rent Right’s 10 Step Rental Process

Having a successful Prescott area rental property requires a lot of time, effort, experience and knowledge. Let Rent Right save you that time, effort and frustration that comes with gaining that experience.

This company was born out of the need for a better kind of management style. Anyone can collect rent but who can you trust to really look after one of your biggest assets by not allowing it to depreciate over the residency, forcing you to spend 10’s of thousands of dollars, if not more, just to get it on its way back to being ready to sell, re-rent or move in to. They say an ounce of prevention is worth a pound of cure. Who would be willing to develop and utilize a system for an ounce rather than the pound?

Rent Right has definitely adapted over the years, since 2013, learning from trial and error while striving to set standards and positively impact our industry. Our years of hard-learned lessons benefit today’s property owners.

As a full service Prescott property management company, our team is responsible for taking care of all aspects of managing your investment(s).

Our process is built on managing over 800 units, learning from every lesson—whether it’s mistakes we've made, money we've missed out on, or opportunities we've seized. We’ve learned a lot along the way and continue to adapt in a rapidly changing industry. Our 10-Step Rental Process is designed to generate fantastic returns and build equity for our Owners, ensuring long-term success.

10 Step Rental Process

  1. Property Preview and Research:
    See the property, evaluate its condition, and conduct thorough research.
  2. Owner Consultation and Paperwork:
    Part 1 – Two-Way Interview
    Part 2 – Agree to do business. Paperwork includes the contract, taxes, utility agreements, and insurance.
    Part 3 – Onboard
  3. Bring the Property to Rentable Condition:
    These are our Rent Ready Standards. We advise on required work, obtain bids, collect funds, coordinate repairs, and oversee vendors.
  4. Marketing:
    Our marketing sets your property apart: HDR photography, drone photography, walk-thru video tour, strong online presence, website syndication, and onsite marketing.
  5. Leasing:
    Marketing generates inquiries, applications, and showings. All applicants are vetted on a first-come, first-serve basis. We check criminal, credit, and eviction history, call rental references, and verify income and employment. Approved applicants must pay a hold deposit within 24 hours and take possession within 10 days.
  6. Pre-Move In Inspection:
    This thorough inspection documents the cosmetic condition of the property and is used as a baseline when a resident moves out.
  7. Qualified Residents Move In:
    All residents pay the maximum security deposit allowed by law and execute a lease.
  8. Full-Service Property Management:
    This includes rent collection, accounting, inspections, maintenance, and a 24/7 emergency line.
  9. Owner Goal Discussion:
    We discuss moving in, selling, renewing the lease, or providing a 30-day notice to vacate.
  10. Move Out Inspection, Security Deposit Disposition, and Make Ready Repairs

At Rent Right, we understand that managing a rental property is more than just collecting rent; it's about protecting and enhancing the value of your investment. Our 10-Step Rental Process is the result of years of experience and dedication to providing the highest standard of property management. We work tirelessly to ensure your property is maintained, your residents are happy, and your investment is consistently performing at its best. From the first consultation to move-out and beyond, Rent Right is here to support you every step of the way, providing peace of mind and the expertise you need to succeed. Let us take care of the details, so you can enjoy the rewards of property ownership.

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