When you want to find the best tenants for your Fort Worth rental property, you need to catch their attention with some great marketing and a positive showing experience. But, before you can advertise your home or let prospective tenants see it, you have to make sure it’s rent-ready. Getting it ready for the rental market means making it clean, functional, and attractive. Read more
Smart investors know that working with a professional Fort Worth property management company can help increase the return that’s earned on their investments. While you’ll need to pay for expert leasing and management services, you can more than make up for those fees with higher rents, better tenants, and lower expenses. The value that you receive when you work with good managers is more than worth the costs you incur. Read more
The temptation to manage your own investment property is understandable. You probably think you can save money by not paying a management fee every month. Maybe you like to do home improvement projects, and you think you’ll have no problem keeping up with the maintenance and repairs that your property needs.
DIY property management can work for some Fort Worth rental property owners. If you have a lot of time to dedicate to finding tenants, screening applications, managing resident requests, and keeping your home maintained, you might be able to do it successfully. If you’re able to stay up to date on all the laws pertaining to landlord and tenant relationships and behavior, you probably won’t have to worry about lawsuits or complaints. And, if you follow the rental market closely and you understand the local rental rates and tenant pool, you won’t have to worry about losing money on low rents and high vacancy rates as a DIY landlord.
Picking a great investment property is hard work, and there are many factors you need to consider. If you’re in the market for a single-family home to use as an investment, you can get help from a local Arlington property management company. The type of property you pick will affect how easy or difficult your Arlington rental property management is, so choose wisely! Below are our best home buying tips for investors.
Location, Location, Location
Try to think like a renter when you’re buying an investment property. Are there good schools nearby? Is there easily accessible public transportation? Is the home on a busy or quiet street? If you’re not an area expert, find an Arlington property management company who has local expertise and can advise you. Specialized Property Management Fort Worth has property managers with years of experience who can help you narrow down the perfect neighborhood to buy in.
Look at the Amenities
Typically a home with three bedrooms, a fenced-in yard, and laundry hookups will rent out faster than those without these features. Homes with an unusual layout, such as no master bathroom or with unusable space, should be avoided. Neighborhood amenities are important too, such as a community pool and park. Some HOAs have rules regarding rental homes, so check all HOA bylaws before purchasing a home.
Ask Your Arlington Property Management Company to Compare Similar Rentals
Look at other rental homes in the neighborhood so you can get a good picture of the kinds of homes available and the average price of rent. Your Arlington rental property management company has local market expertise and can guide you to a rental property that will perform well in the market.
Arlington Rental Property Management is Easier With Expert Help
If you’re finding it difficult to narrow down your buying choices, you can contact the local experts at the Arlington property management company, Specialized Property Management Fort Worth. If you are able to make a wise choice when you buy your investment property, that will make everything easier down the line. Desirable homes will attract quality tenants, giving you the cash flow you need to make your investment successful. So, when you are ready to buy an investment property, do your research and hire the local market experts at Specialized. Call today for a free rental consultation.
The carpet in your rental home needs to be replaced every ten years, or more often if it is not cared for properly. One way to make sure you don’t have to replace the carpet sooner is by choosing a low maintenance, durable carpet. A good Arlington property management company, like Specialized Property Management, can help you update the flooring in your home and make it more desirable for potential tenants.
Carpet fibers are the materials used to make the carpet. They will determine how soft and durable the carpet is, as well as how expensive it is. A durable and inexpensive carpet fiber is the best choice for your Arlington rental property management.
- Nylon is the most common type of fiber. It is durable, easy to clean, and inexpensive.
- Polyester is typically less expensive and feels soft. However, it tends to be less durable, and Arlington rental property management companies do not recommend it because of this.
- Wool is a natural fiber that provides a rich and luxurious carpet. It is soft and durable, but it is usually more expensive. The expense makes it not a good fit for rental homes.
- Olefin is a strong synthetic fiber often used to make outdoor rugs. It is durable but can be difficult to clean when it gets stained.
- Loop Pile Carpet – Loop pile is just what it sounds like, the pile fibers of the carpet are twisted into loops. These loops can be tight or loose. Tighter loops will be more durable in high traffic areas; they stand up well to stains and pressure from furniture.
- Cut Pile Carpet – Cut pile is made by cutting the twisted loops of the fibers. Cut pile carpet can be a good choice for bedrooms because it is softer than loop pile carpets, but it does not do well against stains and wear. Unless your tenant desires cut pile, it may not be worth the extra maintenance that comes with cut pile carpet.
A Quality Arlington Property Management Company Makes it Easy
If you’re looking for an easier way to do property management, call Specialized Property Management Fort Worth. As a full-service Arlington property management company we take care of your property from carpet to ceiling. For a free rental consultation call today!
As the top Arlington property management company, Specialized Property Management is dedicated to staying updated on housing trends to serve you better. A Metrostudy report recently found the Dallas-Fort Worth housing market is the top new home market in the country. Dallas-Fort Worth earns this distinction despite rising home costs nationwide that are driving down home purchases. On the other side, rents are rising, and the millennial generation is renting longer than previous generations. What does that mean for landlords and Arlington residential property management? With an abundance of homes at reasonable prices and more renters on the market, Dallas-Fort Worth and the surrounding areas are great places to buy rental property.
Arlington Property Management Company Sees Rise in Renters
The rise in renters, as noted by Forbes in a recent report, is important for landlords. With freedom and flexibility as top priorities among the millennial generation, many people see renting as the no-strings-attached way to live. It is easier to pack up and move across the country if you do not have a mortgage to tie you down. The Dallas-Fort Worth area is booming economically, with large companies such as Toyota opening their doors and hiring workers. Workers with families are attracted to the area’s many arts and cultural amenities. They are looking for single-family homes to raise their families.
Arlington Residential Property Management That Works For You
If you’re looking to buy rental property in the Arlington area, you need an Arlington property management company that works for you. At Specialized Property Management we see the renting trends and do the research, so you don’t have to. We get your home rent ready, market, maintain, and much more. For the best Arlington residential property management, call Specialized today.
With winter weather on the horizon your Arlington property management company wants to make sure your home is ready for freezing temperatures. The last thing you need is a leaking pipe or broken water heater at your rental property. Before the cold weather hits hard take these steps to protect your property.
- Walk around the house and cover any outdoor faucets or piping. When outdoor faucets freeze they could burst leading to a huge and expensive issue for your home.
- Depending on the builder, your home may have indoor pipes running through the attic. If so, these pipes will need extra insulation to prevent freezing. Check the attic and cover any pipes with tubular pipe insulation.
- If your water heater is an older model consider covering it with insulated blankets.
- If your rental home is vacant make sure you keep the utilities running. Turn the heater on to prevent anything inside from freezing. You do not need to warm the whole house so it is comfortable for guests, just turn the thermostat to above freezing.
Regular Inspections From Your Arlington Residential Property Management
Regular inspections and proactive maintenance are important steps you can take to protect your home in any weather. Without walking through the home it is nearly impossible to know what needs to be done to protect it from winter weather. At Specialized Property Management we ensure your rental home is taken care of to the smallest detail. With our proven processes and experienced team no Arlington property management company does more to protect your property. Our owner portal allows you to view the latest reports and pictures from recent inspections so you are never in the dark about what is happening on your property. For more information, or to hear about our comprehensive list of services, call Specialized today!
Often the first things people do when researching an Arlington property management company is look at online reviews. But how do you know the reviews are legitimate? How can you get a good picture of how the company operates and treats its clients from the internet? Which sites give an accurate portrayal of each Arlington residential property management company you search? Specialized knows this is an issue for many new landlords who are searching for a reputable company to manage their rental home. That is why we put together this handy guide to understanding the online reviews.
How Property Management Differs From Other Industries
Property management is very different from most other industries. This is because landlords, property managers, and tenants are dealing with a basic human need: shelter. In addition, some tenants are not aware of the laws and rules property management must follow. Anger and frustration may result when they feel their need isn’t being met quickly enough due to one of these laws. Unfortunately, many tenants turn to the internet to write negative reviews with the hope that it will help get their need met more quickly. At Specialized, we know it is important to meet these tenants needs in a timely manner, and help them set realistic expectations based on what is required of us.
Beware of Online Reviews
When you take into account how the property management industry affects you and your tenants emotionally, it is easy to see how and why some reviewers are passionate in their reviews. We want to caution you when you are reading these reviews to keep in mind that research shows customers are more likely to write a review after a bad experience than a good one. For this reason, turn to more reputable sites like the BBB for information about Arlington residential property management companies. Specialized has been in the business for almost 30 years, and boasts a great rating with the BBB and satisfied clients who trust us year after year. To hear more about all our services give Specialized a call today.
Not knowing local, state, or federal housing laws is an unfortunate, but common, mistake that many landlords make. Being unaware of potential regulatory violations as a landlord can mean serious legal troubles and expenses. You are not only putting yourself at risk for legal ramifications, you may also be putting your property and your tenants at risk. Specialized, your Arlington property management company, knows these laws can be a lot to remember, especially for new landlords. Navigating the system of rental property regulations can be difficult, but it is necessary to protect yourself, your tenants, and your property.
Specialized Recommends Knowing These Laws
We put together this list of important laws, codes, regulations, and general rules to follow as a landlord. Know that the local laws vary widely and change often, so this list is just an example of some of the things you need to be aware of. For more information on your specific area call Specialized, your local Arlington residential property management team.
- Your state property laws
- Local city ordinances
- Real estate contract law
- The Fair Housing Act, ADA, and tenant screening regulations
- Laws on security deposits, monthly payments, collections, and evictions
- Maintenance and property inspection regulations
How Your Arlington Residential Property Management Team Can Help
With the dozens of laws and codes you need to know, how can you be sure you remember them all and that you’re protected from legal and financial risks? Specialized’s property managers are the experts you need. We help thousands of property owners around the country stay on top of the ever changing laws, ordinances, and regulations. That is our job! More importantly, our local property managers are experts in your area’s specific local laws as well as the state and national laws. You can rest easy knowing your Arlington property management company has you covered. Call Specialized today to hear about all our property management services.
If you own rental property, you may wonder if self-management is the right choice for you. Self-managing seems like a good idea at first, but it often ends up costing new landlords dearly in time and money. Managing a rental property is a full-time job that requires expertise in areas such as realty, marketing, maintenance, and legal issues. In the end, hiring an experienced Arlington property management company will save you time, money, and a whole lot of headaches.
WHY SHOULD YOU HIRE ARLINGTON RESIDENTIAL PROPERTY MANAGEMENT?
Consider the story of Steve, a landlord who has been successfully managing his property for a few years. At first, his tenants were ideal. They always paid their rent on time and kept up the property. Over time Steve got busy with his home life and other job and let a few inspections and preventative maintenance tasks slip by. His tenants noticed he wasn’t taking care of the home, so they did the same. Eventually, the tenants got into financial trouble and started paying rent late or skipping it altogether. When Steve finally made time to visit the property he found it in shambles with multiple lease violations. He started considering an eviction. But tenant turnover is expensive, and one look at the legal fees and hoops made Steve realize evicting was going to be a long and expensive process that he simply didn’t have the time or money for.
You see, managing your property can be easy in a perfect world with perfect tenants. But we don’t live in a perfect world, and there are no perfect tenants. Every landlord will run into difficulties now and then. When those problem come, you want a professional and experienced Arlington property management company to help you out.
HIRE THE RIGHT ARLINGTON PROPERTY MANAGEMENT COMPANY
Specialized is an industry leader with over 30 years of experience. We didn’t become that by chance, it took years of hard work. When you hire our experienced, professional property managers you know you are getting the best for your investment. If you’re ready to leave the headache of self-management behind, call Specialized, the Arlington residential property management company you can trust with your investment.
YOUR SPECIALIZED OFFICES
Fort Worth, TX 76116
Fax: (817) 377-1201
Dallas, TX 75240
Fax: (214) 296-9380
Dallas Property Management
San Antonio, TX 78232
Fax: (210) 477-3600
San Antonio Property Management
For more information on Specialized Property Management, visit Specialized247.com
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