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Get to Know the Biltmore Area
The Biltmore area is known as an upscale neighborhood and financial district located in central Northeast Phoenix, Arizona. It is the most acclaimed neighborhood in the location mainly because of its location. Get to know the Biltmore area in this article.
The Biltmore is at the intersection of 24th and 32nd streets, north of Camelback Road. This neighborhood is considered as one of the city’s most coveted residential areas. It is place where pristine homes measure up with the bustling shopping center, the prestigious Biltmore Hotel, and two 18-hole championship golf courses.
The Biltmore area is the kind of place people from all over the world would see as a vacation destination but imagine yourself calling it your home sweet home.
Residential Area
The New York Times calls the Biltmore neighborhood as the “elegant desert t dwelling with a Midwest touch”. It is probably the most accurate description as Biltmore is actually located in the desert, and it exudes a Midwestern charm.
The Biltmore neighborhood is teeming with green grass and laden with mature shade trees. Other attractive aesthetics include bubbling fountains, rose gardens, palms, and features some of the most gorgeous homes in the valley.
It is not lacking in a colorful history either. In the middle of the residential area is the beautiful Arizona Biltmore, a castle-like hotel and resort which was built by Albert Chase McArthur, a student of Frank Lloyd Write. It was opened in 1929. Guests included presidents of the United States, even the Reagans had their honeymoon in this world-famous resort.
The prices of the homes are quite high, depending on what one is buying and its location. For instance, a one-bedroom condominium unit may fetch up to $100,000, while a grandiose home can reach up to a whopping $10 million. Most of the homes are in gated communities or some could be holed up behind stately fences.
Schools
Biltmore is home to some of the best schools. For instance, Biltmore Preparatory Academy offers the internationally recognized, Dual Language Immersion program.
Shopping and Entertainment
While Biltmore seems to be secluded from the busy streets of the city, the neighborhood is actually close to just about everything. Travelers consider this as one of the best starting points in the whole city.
It boasts of the Biltmore Fashion Park and Shopping Plaza. It is a big open-air shopping destination. Just close by are the Camelback Esplanade, the Town & Country shopping area, and the Camelback East Village Shops. Aside from these beautiful places, there are still a lot of shops to go to. There ever a lot of grocery stores.
All these are within a five to 10-minute drive around the neighborhood. The Biltmore area is also recognized for its 20-minute proximity to everything important in the city. The airport is a mere 20-minute drive. The busy downtown only a 20-minute ride, same goes for the Old Town, Midtown, Mill Avenue, Dreamy Draw, Camelback Mountain, and Arcadia.
Whether you are craving for food, or visit art galleries, or shop all day, the Biltmore area has got all for you.
Residential Property Management
Getting the services of a residential property management company will be a big help to any landlord. Most property owners have jobs or other important things to attend to, that it would be quite difficult to devote all of their time to their rental properties.
A residential property management service will be handling everything that concerns your rental property, like finding tenants, dealing with maintenance, and collecting rent, among others.
Listed below are some of the benefits of hiring professionals to help you with your properties.
Guaranteed high-quality tenants
A property management company will help in the tenant screening process. A reputable property management company has an efficient and verified screening process in place that can select tenants who will rent long-term, can pay rent on time, who will take proper care of the property, and who will cause fewer problems.
As landlord, you don’t have to deal with bad tenants, scams, and lawsuits.
You have fewer legal problems
Long-time landlords know that a single bad tenant can cause a huge deal of financial and legal problems. A reputable property management firm will be knowledgeable and able to protect you from potential lawsuits and other vulnerabilities.
Shorter periods of downtime
Having an experienced property manager can help you prevent your properties from being vacant for long. They can help prepare your properties for rent, like identify what areas that need improvements so you can maximize revenue.
They will also help you establish the optimal rent rate. If rent is too high, it will be hard to attract tenants, but it’s too low, you’ll be losing money instead of profiting from your property.
Ensure long-term tenants
If you fail to get long-term tenants, you’ll have to deal with a number of issues like lost rent; needing to clean the property; constantly change locks, repaint walls, make small repairs, etc.; and go through tenant screening properties most of the time. These things are quite expensive and can be prevented when you have a good residential property manager.
Rent collection becomes more efficient
Collecting rent and late fess are an integral part of property management. To make sure that you have a steady and reliable cash flow, collection should be made monthly, and your tenants should be able to understand that.
You also don’t need to concern yourself too much on evictions. A property manager will be able to handle this well.
Lower costs of repair and maintenance
Your tenants would appreciate it if you offer excellent maintenance. Doing so also preserves the value of your assets. A property manager allows you to have access to professional maintenance and whole new network of licensed contractors. This helps save you a lot of money as opposed to looking for people to hire from the yellow pages.
Increase the value of your property
Prompt identification and repair of any maintenance issues lets you avoid more expensive problems. An experienced property manager will tell you that you can increase and maintain your rental property’s value by conducting preventive maintenance. This will entail regular maintenance checks, a maintenance schedule, and documentation.
A residential property management firm allows you to manage your rental properties without taking too much of your time.