📍 Serving Mesa · Chandler · Gilbert · Tempe · Scottsdale

Your East Valley Rental Home Could Be Earning 40–70% More

Hendershot Property Management converts single-family rentals into professionally managed co-living homes — higher income, lower vacancy, and zero landlord headaches.

Get My Free Income Analysis See How It Works
40–70%
More Monthly Income
10%
Simple Flat Management Fee
100%
Hands-Off for Landlords
30 Days
Cancel Anytime

🏠 Estimate Your Co-Living Income

$3,200/mo
Estimated Co-Living Income
Simple Process

From Underperforming Rental to
High-Yield Co-Living Home

Hendershot Property Management handles everything — you just collect your bigger check.

1

Free Property Analysis

We walk your property and show you exactly what your co-living income potential is — no obligation, no cost.

2

Co-Living Setup

We audit each room, handle professional photography, create compelling listings, and set competitive room pricing.

3

We Fill Every Room

Thorough screening of every applicant — credit, background, income verification, and references — before anyone gets a key.

4

Full Ongoing Management

Rent collection, maintenance coordination, tenant communication, lease renewals, and monthly financial reports. Handled.

The Numbers

Traditional Rental vs. Hendershot Property Management Co-Living

A typical 4BR East Valley home — side by side.

Traditional Single Lease

One family, one check

$2,100/mo
  • ✗ 100% vacant if tenant leaves
  • ✗ Full home turns at once
  • ✗ Limited income upside
  • ✗ One income source = one risk
  • ✓ Simpler management
With Hendershot Property Management

Professional Co-Living

Individual rooms, maximized income

$3,200/mo
  • ✓ Partial vacancy only — never 100% empty
  • ✓ Rooms turn independently
  • ✓ 40–70% more monthly income
  • ✓ 4 income sources reduce risk
  • ✓ Hendershot Property Management handles everything

*Example based on a typical 4BR home in Mesa/Chandler at $800/room. Your results may vary based on property and location.

What We Do

Everything a Landlord Needs — Nothing They Don't

Full-service co-living management built for East Valley single-family homes.

🎯

Room Pricing Strategy

We analyze comparable room rentals across Mesa, Chandler, Gilbert, and Tempe to price each room at the market maximum.

📣

Multi-Channel Listing

Professional photos and listings on Rooms.com, Roomies.com, Zillow, Facebook Marketplace, and Craigslist simultaneously.

🔍

Individual Tenant Screening

Every applicant goes through credit, background, income verification, and reference checks before we offer a room.

📝

Co-Living Lease Management

Individual room leases with co-living addenda, house rules, and AZ landlord-tenant law compliance — all handled digitally.

💰

Rent Collection & Disbursement

Automated rent collection from every tenant. Monthly ACH disbursement to you, with a detailed income/expense statement.

🔧

Maintenance Coordination

Tenants submit requests through our portal. We dispatch vetted local vendors, oversee the work, and manage invoices.

🤝

Tenant Relations

We handle all day-to-day communication, conflict resolution between roommates, and co-living community management.

📊

Monthly Reporting

Detailed monthly financial reports so you always know where your property stands — income, expenses, and occupancy.

Simple, Transparent Pricing

One Fee Structure. No Surprises.

We earn more when you earn more — our incentives are aligned.

Full Management

Monthly Management

10%
of gross monthly rent collected
  • ✓ All services included
  • ✓ Individual tenant screening
  • ✓ Rent collection & disbursement
  • ✓ Maintenance coordination
  • ✓ Monthly financial reports
  • ✓ Tenant communication
  • ✓ 30-day cancel anytime

Additional Fees

A La Carte
only when applicable
  • ✓
    Onboarding: $750 one-time
    Setup, photos, listings, pricing
  • ✓
    Leasing Fee: 75% of 1st month's room rent
    Per room filled — only when placed
  • ✓
    Lease Renewal: $150/tenant
    When an existing tenant renews
  • ✓
    Maintenance: 10% vendor markup
    Coordination included in mgmt fee

Example: 4BR home at $3,200/mo gross = $320/mo management fee. That's it.

Joseph Hendershot

Joseph Hendershot

Founder, Hendershot Property Management
Phoenix East Valley, AZ

Why Hendershot Property Management

Built by Someone Who Actually Does This

I'm not a traditional property manager who learned co-living from a textbook. I house hack my own home — renting out individual rooms to tenants — and I manage every piece of it personally.

I know what it takes to price rooms right, attract quality tenants, keep a shared home running smoothly, and handle the inevitable friction that comes with co-living. Hendershot Property Management was built to bring that hands-on experience to landlords across the East Valley.

Most property management companies aren't set up for co-living. They're built for single tenants, not four. Hendershot Property Management is different — it's the only East Valley PM company built specifically for the co-living model.

"I built the systems I wish existed when I started house hacking. Now I'm putting them to work for landlords across Mesa, Chandler, Gilbert, Tempe, and Scottsdale."
What Landlords Say

Results That Speak for Themselves

★★★★★
"I was renting my 4BR Mesa home for $2,000/month. Hendershot Property Management converted it to co-living and now I'm netting over $3,100 after their fee. I wish I'd done this years ago."
Mark T.
Mesa landlord, 4BR co-living conversion
★★★★★
"I live out of state and was nervous about co-living management. Joseph handles everything — I get a clean report every month and a bigger deposit than I ever got with a single tenant."
Priya K.
Out-of-state investor, Chandler 5BR
★★★★★
"The tenant screening process is serious. My previous self-managed co-living setup was a nightmare. Hendershot Property Management vets everyone carefully — I haven't had a single problem tenant."
David R.
Gilbert landlord, 3BR co-living

*Testimonials are illustrative examples. Results vary by property.

Get Your Free Co-Living Income Analysis

Tell us about your property and we'll show you exactly what it could earn as a co-living home — no obligation, no pressure.

We typically respond within 24 hours. No spam, ever.