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General Landlording & Rental Properties

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Anne Gibson
  • Real Estate Investor
  • Sedona, AZ
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Renting in Sedona, AZ

Anne Gibson
  • Real Estate Investor
  • Sedona, AZ
Posted Sep 3 2015, 12:03

My husband and I purchased a townhouse in Prescott, AZ over a year ago and it is renting well with little to no headaches. Moving forward with a lot of courage we then purchased a beautiful house in Sedona, AZ with the intent to rent it for 5-6 years until we are at an age where we can retire then move into it. Currently we live on the east coast. Well the universe never cooperated with us on this business adventure and it hasn't rented for 7 months. So we did some expensive cosmetic upgrades including a new roof, new air conditioning system, granite counters, etc. This is now a financial drain so we plan to relist the house for a few months then back to trying to rent it if it doesn't sell. My question is, how can we manage this property from such a long distance without getting a management company involved? We were less than enchanted with the prior company who we felt did little to market our property for rent.

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