How Arlington Property Managers Help Landlords Avoid Mistakes

Many landlords think self-managing will save them money. But is that true? The complexities that come with Arlington residential property management are not always obvious to first-time landlords. Knowing all the housing regulations, HOA rules, and laws surrounding rental properties takes time and experience. If you make a small mistake that could mean a big fine. Below we have listed the top five mistakes landlords make so you can be aware and try to avoid them!

  • Landlord Mistake 1: Too Many Vacancy Days. Vacancy days can be one of the biggest costs to property owners. Each day your property sits empty you lose money. Inexperienced landlords often try to cut costs by doing things like shutting off utilities or putting off needed repairs, but this tactic only leads to more vacancy days.  The professional Arlington residential property management team at Specialized Property Management Fort Worth can help you avoid these losses.
  • Landlord Mistake 2: Placing Under-Qualified Tenants. Often landlords don’t know or don’t care to thoroughly screen each applicant as an Arlington residential property management would. Checking an applicant’s background, credit, and rental history means you will have a better picture of their ability to take care of your home and pay the rent.
  • Landlord Mistake 3: Poor Tenant Communication. One reason tenants look to move at the end of their lease is poor communication with their landlord. Tenant turnover is expensive and time-consuming so responding quickly and respectfully to tenant requests is important. Many landlords find that Arlington property managers are a great help when trying to communicate with tenants.
  • Landlord Mistake 4: Overlooking Maintenance Needs. Failing to maintain your home’s systems, like the air conditioning, will give them a shorter lifespan. When you overlook or put off needed maintenance, you could end up paying more in the form of a replacement system.
  • Landlord Mistake 5: Regulatory Violations. Do you know all the federal housing regulations, local laws for landlords, and HOA rules that apply to your rental property? It is the job of Arlington property managers to stay on top of these ever-changing regulations, so you don’t get stuck with a costly fine.

Arlington Residential Property Management Works For You

Professional property managers work for you to make sure your property is running smoothly and efficiently. With years of experience under our belts, the Arlington property managers at Specialized Property Management Fort Worth has the knowledge and skills to make sure your investment is a success. To schedule your free rental consultation call Specialized Property Management Fort Worth today!

6 Ways to Avoid Tenant Conflict by Arlington Property Managers

Conflict with your tenants is a serious issue and could be responsible for costly tenant turnovers and evictions. But how do you avoid tenant conflict? Emotions often get in the way when you are dealing with people and their home. Communication breakdowns and mistakes lead to hurt feelings that could have been avoided. We have put together a list of 6 things to do to help you avoid conflict.

6 Ways to Avoid Tenant Conflict

  1. Set clear expectations. Who is responsible for keeping up with the lawn, changing light bulbs, or maintaining appliances? Make sure these expectations are written into the lease.
  2. Hire a professional intermediary. Arlington property managers will help you keep the tenant-landlord relationship professional and respectful.
  3. Have a strong lease. Your lease should be clear and strong with no room for confusion.
  4. Fast enforcement of lease violations. If you are lax on some lease violations that shows tenants you aren’t serious about them.
  5. Stay unemotional with your tenants. This can be difficult for some landlords, especially if the rental property is a home they used to live in.
  6. Be respectful when you’re communicating with tenants. Your tenants may be needy or disrespectful, but always treat them with respect.

How Arlington Property Managers Help Avoid Tenant Conflict

Why should you hire professional property managers for your rental property? Arlington residential property management is especially tricky because it deals with people, who naturally get emotional, and their shelter, which is a basic need. The property managers at Specialized Property Management have years of experience dealing with tenant-landlord relationships. As a third party, it is much easier for our property managers to stay respectful, professional, and unemotional, while still caring for your tenant’s needs.

Full Service with Specialized Property Management

Specialized Property Management does not only deal with tenant-landlord relationships; we are a full-service property management company. From making your home rent ready to scheduling maintenance and inspections, our Arlington property managers take care of every detail. If you’re finding it difficult to navigate the complexities of property management, call Specialized Property Management for a free rental consultation.

Do HOAs Help or Hurt Arlington Property Management?

When you’re in the market to buy a rental home, should you buy one in a neighborhood with a Homeowners Association, or HOA? Property management can be easier, or harder, depending on the HOA rules. Your Arlington property managers at Specialized Property Management can help you pinpoint the right neighborhood to buy a rental home, but while you’re looking around, keep these tips in mind.

HOAs: Why Arlington Property Managers Love Them!

There are some great things about HOAs! The quality of life in an HOA neighborhood is very desirable for some tenants because of the amenities and the general feel of the neighborhood. Your HOA fee typically goes toward keeping the neighborhood looking nice and paying for amenities such as a community pool. These quality-of-life upgrades can be attractive, especially for tenants looking for a single-family home in a nice neighborhood.

HOAs: Why Your Arlington Property Management Might Say Think Twice!

While many HOAs make life more pleasant for residents, they can also make things difficult for rental property owners. Oftentimes an HOA will have rules and bylaws that come with fines if broken. This means you will need to stay on top of things at your rental home and communicate these rules to your tenants, so they don’t unknowingly incur a fine. Go over all the HOA rules, and plan on talking to current residents to find out their experience with the HOA to learn more.

Talk to Your Arlington Property Management for Help

With almost 30 years in the rental property business, Specialized Property Management has worked with many HOAs in and around Arlington. Property managers on our team can help you find out more about the HOA rules of a rental house you are considering. If you are starting out in the rental property business, or already have multiple homes, call Specialized to hear about all our Arlington property management services!

Why Boost Your Rental Home’s Curb Appeal?

You never get a re-do on first impressions. Potential tenants who are driving by, or coming with their realtor during a showing, will make a quick judgement based on the outside appearance of your home. Your Arlington property managers at Specialized are here to help you get your home rent-ready, including upping the curb appeal, which will decrease vacancy days.

How Arlington Property Management Can Increase Curb Appeal

The first step to increasing your home’s curb appeal is to create a plan. Set a budget and decide which areas to work in and what to do. An Arlington property management company can help you find preferred vendors so you can be cost effective with your renovations. Clear debris from around the yard then clear flower beds of weeds. Treat your flower beds and lawn with weed killer if necessary, and depending on the type of grass you have. To be sure you are not over or under watering your lawn install a sprinkler system if you have the time and funds available. Choose easy to care for landscaping if you can’t be there to garden regularly or are worried new tenants won’t want to put in the work needed for upkeep.

Specialized: the Arlington Property Managers You Can Trust

Your rental property is a big investment, but without the right management you can quickly run into problems. Increasing your home’s curb appeal is just one small way the property managers at Specialized will help you get your home rented quickly and maximize your profits. Vacancy days are expensive, but moving in a tenant who isn’t right for your home and ends up leaving early, not paying rent, or destroying property can be devastating. When you work with the Arlington property managers at Specialized we will make your home rent ready in order to attract quality tenants. If you’re ready to start making more on your rental home investment, while avoiding the hassles and headaches that come with property management, call Specialized.

How to Preserve the Life of the Carpet in Your Rental

Repairing, replacing, and cleaning the carpet in your rental home can be a major expense if you aren’t proactive about how you install and care for it. Arlington property management company Specialized recommends taking these steps when choosing and caring for the carpet so you can make a good investment.

Arlington Property Managers Carpet Recommendations

When choosing a carpet for your rental home think about these points:

  1. Type: choose a type known for durability. The fibers and density should be your main considerations. Look for stain resistant, dense fibers to keep the carpet looking good even when tenants don’t care for it like they should.
  2. Color: it goes without saying that white carpet is a bad choice. Go for darker shades to hide dirt and stains.
  3. Stain treatment: some carpet suppliers offer additional stain treatments. These can be a good investment to prolong the life of your carpet.
  4. Installation basics: keep carpet away from the entryway, kitchen, and bathrooms as these areas attract the most dirt and moisture that can ruin carpets.

Regular Carpet Cleaning and Care

To make sure the carpet stays looking its best when you have tenants in your home, Arlington property managers recommend these cleaning basics.

  1. Vacuum regularly: it may be a wise investment to supply your tenant with a vacuum cleaner. At around $100, it is a low-cost investment in keeping your carpet clean on a regular basis.
  2. Pay for professional cleaning: a yearly deep clean of your carpet is a good idea. Schedule a yearly cleaning and remind tenants in advance of this regular maintenance task.
  3. Limit pets: consider limiting the type or number of pets you allow in your rental home. Pets can damage the carpets or cause them to have an odor. Alternatively, you can charge your tenant a “pet fee” to offset the cost of cleaning or replacing the carpets.

With a little bit of thinking ahead you can keep the carpets in your rental home looking nice. Your Arlington property management company, Specialized, is here to help you with any questions or concerns about the flooring in your home. Give us a call today to hear about all the services we offer!

Why Arlington Property Managers Recommend Proactive Maintenance

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One of the wisest decisions you can make as a landlord is if and when you need to do repairs. Maintenance, whether regular or emergency, can be a big cost and eat into your profits. But many times ignoring needed maintenance or skimping on it will lead to even bigger costs down the road. Your Specialized Arlington property management company has these tips for landlords who are looking at maintenance issues.

Your Job as a Landlord

Your most important job as a landlord is to keep your tenants happy. Happy tenants means less turnover and a better return on your investment. Ignoring much needed maintenance signals to your tenants that you don’t care about them or your property. Here are a few tips to help you with these relationships as they relate to maintenance.

  1. Respond quickly and respectfully to your tenants maintenance requests.
  2. Do not let tenants take care of maintenance on their own. This can lead to issues of liability as well as quality. Develop relationships with vendors so you always have someone you trust to perform needed maintenance.
  3. Make sure you are in compliance with all regulations to insure the health and safety of your tenants.
  4. Maintain a regular schedule of inspections and proactive maintenance, which will save you money on costly repairs due to neglect. Your Arlington  property management company can help you create and stay on a schedule and communicate the schedule to your tenants.

Be The Landlord You Would Want!

Think about your rental from your tenants perspective. This is the house they call home.  Shouldn’t it be taken care of? Maintenance can be expensive and time-consuming, but it is one of the biggest factors when tenants are deciding to stay or leave at the end of their lease. Was the landlord responsive to their needs? Are the systems and appliances in dire need of repair? Turnover and vacancies will cost you much more than fixing that broken pipe. If you need help with proactive maintenance, tenant interactions, or anything else with your investment property call the industry leading Arlington property managers, Specialized!