Rental Property in DC Ranch

[Lucas B.]

Hi All,

I have just purchased another rental property, this time it is located in DC Ranch Scottsdale, 2 min walk from the DC Ranch Marketplace, it is 2 bed 2 bath renovated 1300 sqt unit. I am ready for that unit to place on the market for renting, and looking for an advice.

The unit is fully furnished at this point.

Three questions. 

I can rent the unit only for minimum 6 month contracts in DC Ranch, per their policy. Am I going to be better off with renting it seasonally, during and off season, or perhaps 1 year contracts. Also, if I would choose to rent it on yearly basis, do you foresee any issues with the fact that the unit is fully furnished.

Would you know any good/excellent and honest property management company that is providing services in the area?

Would you perhaps know potential rent estimates during and off season for seasonal and yearly contracts for fully furnished apartment, in the DC Ranch area?

Also, I am planning to invest into more Scottsdale properties, do you think it is a good time to do so, and would you say it is better to do yearly or seasonal renting, furnished vs unfurnished?

Thank you