Excellent Rental Property Insurance is Available

Experienced property owners may know that they need rental property insurance, but often have a difficult time finding the adequate and customizable coverage they need. Often, the only rental property insurance available to property owners involves high premiums and limited coverage, especially when they’re trying to find coverage as an independent individual. 

Specialized Property Management is professional property management in Fort Worth that can help. Our 30+ years of experience combined with our position as a well-known property management company will give you access to some of the top insurance policies that you may not have access to as an individual investor. Let us help you find the right insurance policy for your specific property and save you money on unexpected out-of-pocket costs in the future. 

The Importance of Rental Property Insurance

Even if you have homeowners insurance, you will still need rental property insurance, and you’ll need to make sure it’s the right fit for your particular situation. 

According to ValuePenguin, “It depends on how long you intend to lease the property, but in most cases homeowners insurance coverage won’t be an appropriate substitute for rental property insurance. The presence of tenants in a rental property engenders unique risks that won’t be covered by homeowners insurance, particularly if you plan to lease a property for an extended period of time. The type of insurance you need will depend on how often you rent out your home and the duration of your tenants’ stays.”

What Rental Property Insurance Should Cover

The article continues on to explain, “Its coverage includes property damage, liability costs and loss of rental income for landlords renting their property. Whether you are renting your house, a vacation home or an investment property, rental property insurance is an important safeguard against the financial risk associated with tenants living on your property.”

Liability Coverage Amount

The cost of rental property insurance varies and depends on how much coverage you need. The amount of coverage you need will depend on several factors. According to ZACK’s Finance, “Typically, landlord policies cost approximately 25 percent more than homeowners insurance contracts because landlords are exposed to more risks than most homeowners are…The amount of liability coverage you will need to have in your landlord policy is contingent upon the value of the insured property, your net worth, and whether or not your property is mortgaged…”

Our expert team at Specialized Property Management can help you figure out what kind of insurance you need and how much coverage. We’ll make sure that you get the best quality insurance for the best price possible. 

Standard Rental Property Insurance

High quality rental property insurance can be the most difficult to find and negotiate because insurance companies are wary about the long list of unpredictable damage that may occur over time and between varied tenants. In this case, they will only cover the very basic scenarios and leave you to pay for everything else out of pocket. For example, most standard rental property policies won’t cover the following scenarios: 

  • Vandalism/theft
  • Pollution and exhaust, such as carbon monoxide
  • Dog bites on the property
  • Sprinkler water damage
  • Fire caused by lightning
  • Hostile fire/arson liabilities

Better Rental Property Insurance

Thankfully, not all insurance policies are created equally and our expert managers can help you decide what policy you need to cover your rental property. With the help of professional property management in Fort Worth, you’ll have no problem getting adequate coverage at a desirable rate. Specialized Fort Worth Property Management has seen it all over our 30 years of managing thousands of rental properties, including various types of insurance policies. We are very familiar with the best insurers and the top rated insurance plans, designed specifically to cover rental property. 

What We Offer

Our clients enjoy insurance that provides better coverage, lower premiums, and properly managed Fort Worth homes. You can expect the following services from your rental property insurance company: 

  • Excellent Coverage: full combined limit of $1M
  • A+ Rated Carrier and national underwriters
  • Vacancy Coverage
  • A Broad-Form Policy for more protection
  • Replacement Cost 
  • Ordinance and Law: $50K with increased limits possible
  • Sewers and Drains: $25K for backups in all locations
  • Additional Flood and Earthquake Coverage available 
  • 24-Hour Customer Service
  • Simple Billing 

Coverage With Professional Property Management in Fort Worth 

Specialized Fort Worth Property Management offers convenient rental insurance coverage that is consolidated for all of your properties and customized to each property’s individual needs. Our InvestPro Residential policies cover the following: 

  • Texas weather including wind, hail, tornadoes
  • Fire damage from lightning
  • Assault and battery
  • Sprinkler water damage
  • Vandalism and theft 
  • Volcanoes
  • Carbon monoxide, exhaust, and pollution liability

When you trust us to help you with your insurance coverage, you can rest assured that you won’t be left hanging out to dry-wondering how you are going to pay for that unexpected disaster. We will help prepare you for anything and everything and make sure that you, your tenants, and your property are well provided for. 

Our Rental Property Insurance and Management Services

At Specialized Property Management Fort Worth, our team of property management experts are the ones to trust for top-rated rental property insurance. We provide insurance coverage through InvestPro Residential, which offers the option of customization for your specific property’s needs. We also offer a comprehensive list of property management services and insurance coverage options that you can trust. Just some of our management services include: 

  • INSPECTING: Our team ensures the rental unit is “rent-ready” with curb appeal, making recommendations where necessary.  We also conduct mid-lease inspections to ensure lease compliance and care of the property.
  • MARKETING: We aggressively advertise your rental property across dozens of websites, post an eye-catching sign on the property, and post the vacancy to our high-traffic rentals listing and Youtube channels.
  • SHOWINGS: We prepare and post quality video tours of the property and take care of live showings.
  • SCREENING: We conduct rigorous background checks on all prospective tenants 18 years and older to place the most reliable tenants.
  • SIGNING: We prepare and execute all leasing documents in accordance with Leases & Addenda promulgated by the Texas Association of Realtors.  We secure rents and place deposit funds into escrow, and provide a formal new tenant training on how to care for the property.
  • COLLECTING: We enforce the rent collections cycle with a strict, yet respectful, process that helps avoid late payments.  We then quickly deposit rent funds to your account electronically.
  • MAINTAINING: We respond quickly to your tenant needs and emergencies, handling repair requests with our cost-effective team of qualified, insured maintenance professionals.  We also conduct periodic proactive interior and exterior inspections and preventative maintenance.
  • RENEWING: We actively work to retain tenants longer with excellent service and perks like our Resident Club.  As we proactively renew leases, we help you avoid costly turnover.
  • MOVING: When the tenant does move on, we process notices, educate the tenant on the process for a smooth transition, conduct the walk through and manage deposit disbursements.
  • REPORTING: In addition to the 24/7 client portal with on-demand, detailed accounting, activity and maintenance reports, we provide detailed monthly reports and year-end tax statements. During the leasing process, owners receive weekly updates.

Choose Professional Property Management in Fort Worth 

“SPM’s reporting and accountability is excellent. I have been impressed with the courteous, professional and efficient manner in which the affairs of my properties have been conducted. I recommend Specialized as an agent for handling rental properties.”

William M., Owner

Specialized Property Management has been advising property owners all over Fort Worth and helping them manage their properties and rental property insurance effectively and efficiently for over 30 years. With a 98% customer satisfaction rating and a #1 listing out of 270 property managers, you can rest assured that your property will be protected and well taken care of. Our technology-driven processes save you time, money, and stress while making it easy for tenants to pay rent online and access online information. Let us help make your life easier by managing your property for you. Contact us today to learn more about how we can help you select the right insurance policy for your property. 

Specialized Specialized Property Management is not an insurer or an insurance agent and does not engage in the business of insurance.  InvestPro Residential refers to a master liability and property insurance program issued by one or more top-rated insurance carriers under which clients of Specialized Specialized Property Management can be included as insureds.   The InvestPro Residential master policy is brokered by Swingle Collins & Associates, an independent, licensed Texas insurance agency.  Swingle Collins & Associates is the point of contact for all questions concerning the InvestPro Residential master policy.

The information on this website is provided for general informational purposes only and does not include all the terms, coverage, exclusions, limitations or conditions that may be contained in the actual insurance policy. The InvestPro Residential policy itself must be read for those details. A sample policy form can be made available upon request to Swingle Collins & Associates.

How Specialized Property Management Protects Our Owners and Tenants During the COVID-19 Pandemic

We are truly concerned for you and your family’s well-being and hope that you are staying healthy and taking necessary precautions to protect yourself from the recent outbreak of COVID-19. We truly appreciate your unwavering trust in our abilities during these uncertain times and want you to know what we are doing to help owners and tenants move forward with confidence. We have had to make a few necessary modifications because of COVID-19, but thanks to our advanced technology systems put in place years ago, we feel we have a unique advantage in our ability to both safeguard and maximize your investment during this precarious time. 

Specialized Property Management is continuing to provide quality services and assurance for our property owners, their properties, and their tenants by using our time-tested processes and advanced technology to doing the following: 

LEASING YOUR HOME

You can trust the proven systems listed below which allow us to lease your property to the best prospective tenant in the shortest amount of time possible and at their convenience. 

  • Rental IQ™ is an advanced, industry-leading software that screens tenants both efficiently and expertly by cross-referencing the largest rental payment history database with thorough credit and background checks. By applying improved behavioral and statistical factors, it can easily recognize and place high-quality prospective tenants. Using this technology will both increase property owner income and lower the risk of high tenant turnover, vacancies, and eviction expenses. 
  • Secure Electronic Lockboxes let interested tenants safely view homes-for-rent without risking either getting or spreading COVID-19. This keeps our property owners, leasing agents, and tenants safe with the added benefit of scheduling ease. To see the home on their schedule, the prospective tenant just needs to submit credit card information and some personal information. This electronic lockbox feature has increased showings by 34%. 
  • 3D Virtual Tours are another way that prospects can see a home on their own time. We use the latest and most advanced 3D Virtual Tour technology available which gives a feeling of walking through a home. It also features a floor plan of the home, a property video, and 4K/HDR still photos that capture three angles of a room in various lighting and combine, resulting in the best-quality images in the industry. Since using this technology, we’ve seen an increase in applications received for every home. Tenants love the virtual experience and the ability to sign a lease in real-time through this technology. Click here for a Virtual Tour.
  • Premium Paid Zillow Listings. Paid listings on Zillow are required if property management companies want to market vacancies on their sites. We now pay for premium listing placement so that your rentals are showcased in the best possible spot. This means a huge increase in the number of people who will see and inquire about our rentals compared to other property management companies who aren’t paying for premium listings. The more interested tenants you have, the less you’ll have to worry about vacancies and a loss of income. 
  • “No Security Deposit” Option for Tenants. Specialized Property Management understands that not everyone has a large amount of cash on hand for up-front security deposits. Our unique system allows qualified tenants to use a surety bond instead. Though we continue to thoroughly screen our tenants, this option makes it possible for them to reduce their upfront costs when moving in. Property owners appreciate this feature because it helps widen their prospective tenant pool while keeping their investment safe. Additionally, because the deposit process is performed digitally, Specialized Property Management can process and payout deposit itemization claims more quickly than ever before. Since we have started providing this option, tenant satisfaction has improved by 80%. 

Last month’s numbers show that we had a 22% increase in the number of homes we leased (total of 62) for our clients and the number of homes with existing tenants that we renewed (total of 64). This percentage is higher than the previous four months. 

COMPLETING MAINTENANCE REQUESTS

Long before the coronavirus outbreak, our focus was on the safety of our owners, tenants, vendors, and staff. Thanks to our advanced technology, we can continue to make sure that maintenance issues are taken care of quickly and effectively, making life safer for all. When a maintenance request is submitted, we are able to respond right away, track the status and completion of repairs in real-time, and make sure that property code laws are being adhered to by maintenance workers. We are also able to evaluate the tenant’s experience for each work order we fulfill. 

Thanks to this feature of our technology, we know that 77% of tenants said that maintenance quality and responsiveness were the two most important factors in their choice to renew their lease. We listen to and respect our tenants’ opinions, which is why we put extra effort into ensuring that repairs are both efficient and effective. In fact, repairs performed by SPM managers are completed 3.2 times quicker and have a 20% higher satisfaction rate than a repair done by an owner or a home warranty company. Other companies might think that maintenance isn’t a big deal, but we listen to our clients and their residents and we know that faster and better service means happier tenants who want to renew their lease. This, in turn, means saving our owners thousands of expense costs in rehab, vacancies, marketing, and more.

COVID-19 Protocols

  • Non-health and safety-related maintenance orders will only be completed if both the vendor and tenant both agree to it. If either wants to postpone, we will wait until the COVID-19 threat has passed and then schedule the repairs. 
  • If both decide to move forward with the repair, we will adhere to strict COVID-19 guidelines to reduce the chance of exposure for either party.
  • In an effort to protect our staff and the tenants, we have decided to put regular inspections on hold until the pandemic is over. 

The month of March did not affect our business as much as some might think. Our average maintenance requests for this time of year is 1,439 and we completed a total of 1,377. Many other property management companies have stopped taking service orders altogether which is causing a variety of problems and headaches for tenants. We are dedicated to minimizing the effects of this pandemic while continuing to serve our clients to the best of our ability. 

ACCOUNTING MANAGEMENT 

In order to collect rent in a timely and effective manner, we make sure to regularly remind tenants about rent due before the 1st of each month. We provide multiple payment options to make the process convenient for everyone. In light of COVID-19, we are also offering contingency agreements. 

  • Multiple Payment Options are available for paying rent, including through our online portal, with a credit card, and through a variety of local cash-pay locations.  
  • Contingency Agreements are being negotiated when necessary. We communicate directly with owners and their tenants to figure out a legal rent agreement for the time being with a variety of options. For example, owners can let tenants use their deposit money to pay part of their rent if need be. 

We keep a close eye on rent collections and will let you know as soon as possible if we have more information in regard to your property. As of April 10th, we were able to collect 91% of all rents due and had 5% of tenants ask for payment plan options. We are organizing those with our owners and their tenants. 

We express our appreciation to you for continuing to trust our company with your investment. We have every confidence in our proven processes and technological systems to support you and your tenants during this uncertain time. We will never stop striving to be as prepared as possible for the future, be transparent in our management methods, communicate quickly and effectively, and keep you up to date as we move forward. 

Please be safe, stay healthy, and don’t hesitate to contact us if you have any questions whatsoever. 

Crowley, TX, Rental Property Managers

Not only are Crowley residents just a 47-minute drive from Dallas, but they’re also surrounded by great restaurants, beautiful parks, and other, like-minded families and young professionals. Just a quick, 21-minute drive to downtown Fort Worth, Crowley is a safe place to live, located near endless things to do, and has affordable rental rates. Our team at Specialized Fort Worth includes Crowley, TX, rental property managers who are local experts on the area. We’ll help you discover what this suburb of Fort Worth has to offer and why it may be the perfect place for your next real estate investment. Already invested? Keep reading to see how our property management company in Crowley, TX, can help you make the most of your investment and gain the highest profit. 

Top Fun Things to Do in Crowley

You and your family will never run out of things to do in this beautiful city with so many activities available and sights to see. There is truly something for everyone in and around this family-friendly place. Once you’ve invested in the area, Crowley, TX, rental property managers from Specialized Fort Worth can market your property for you, highlighting all the wonderful aspects of Crowley to reliable applicants. Just some of the main attractions you won’t want to miss out on are: 

  • House of Air Crowley
  • Tiger Farms Market
  • Touch of Chrome Trail Rides
  • Buffalo Nickels Mini Golf and Arcade 
  • Lost Oak Winery
  • Burleson Farmers Market

Investing in Crowley Property

The reason Crowley is so popular right now among families and young professionals is that it’s truly the perfect location, allowing you to live outside the city while easily being able to go downtown for work or pleasure anytime you please. Browsing sites like Zillow and reaching out to Crowley, TX, property managers who can help you narrow down your search for an investment property are great tactics. Recently, Zillow reported data that said the average rents all across the country are at an all-time high of 29.1% of a tenant’s income. Just a couple decades ago, rent was only 25.8% of a tenant’s monthly income. This means that the time to invest is now. 

Rental Rates in Crowley

It can be difficult to decide on a price to charge for rent since rental rates range from city to city depending on things like location, unit quality, and amenities. Let the experts at our Specialized Property Management Company in Crowley, TX, be the ones to advise you on what rents are going for, how much tenants are willing to pay, and how your particular property compares. According to RentCafe, in Fort Worth, rental rates range from about $700-$1500 per month, with the average rent rate right at $1,128 per month. The average rent in Crowley is $1,145, which is lower than the average rental rates in Dallas, Irving, Denton, and Austin and lower than the average national rental rate. This is another reason why Crowley is an ideal investment location. Not only is it a great spot to live location-wise, there is plenty to do and see, and it’s affordable for families and young professionals that want to live there. With the current seller’s market, rise in millennials wanting to rent, Fort Worth job growth, and low interest rates, Crowley is one of the best markets for real estate investment. 

Better Property Management Company in Crowley, TX 

When thinking about investing in real estate, consider the benefits of hiring a property management company in Crowley, TX, to help you protect and make the most of your investment. With rents rising along both the East and West coast, many people are relocating to the Fort Worth area and looking for affordable homes to rent. But how will you market your property? And how will you know which tenants to trust? Hiring Crowley, TX, property managers from Specialized Fort Worth is what you’ll need to ensure that you have a team of professionals ready and willing to help you in all aspects of owning and renting out your property. We’ll help you set a competitive, yet fair rental rate for tenants, screen them effectively, conduct virtual showings, and more. 

“As a property owner, it is evident that they have my best interest in mind; promptly addressing tenants’ concerns and meeting their and my expectations. Their professionalism as a business and business partner is exceptional.” – Alfonso Flores

Why Choose Specialized Property Management in Crowley, TX 

With Specialized Property Management, you’ll save time, stress, and money. We take care of the daily ins and outs of owning a property and being a landlord so you don’t have to. We provide local insights into market trends and tenant needs to help you purchase the right property. We also know how to prepare your place so it has curb appeal. Once we attract a pool of well-qualified applicants, we screen them like no other. You get the best tenants with the highest potential and lowest risk. We collect the rent, take tenant phone calls at 2 o’clock in the morning, and ensure your property gets regular inspections and maintenance. You watch it all from the comfort of your home or office on our 24/7 owner portal where we post pictures, updates, and messages so all you have to do is breathe easy. Our services include: 

Fort Worth Property Management Process
  • Higher Customer Satisfaction: Property managers have a lot of people to keep happy in addition to the landlord. Think about the tenants, the neighborhood, the HOA, the community, and the city, county, state, and federal government just to name a few. We provide excellent customer service to everyone on your contact list so you reap the financial rewards of happy tenants, neighbors, and government agencies.
  • Unsurpassed Experience with Crowley, TX, property managers: Specialized Property Management knows property management. We live here and work here too so we know the school districts, the shopping and entertainment options, the public transportation systems, and preferred public spaces. We know the rental markets and study tenant behavior and trends. And we know how to advertise your property to Crowley renters so they’ll respond.
  • Better Tenant Selection: Not all tenants are created equally. The goal is to find those who have the highest potential to pay with the least amount of concerns about past behavior that may cause problems for you in the future. Our rigorous background check and screening process do the trick.
  • Shorter Vacancies: Don’t panic. We have a plan to shorten the length of vacancies in your rental. We advertise aggressively and strategically, respond quickly to applicants, show your property at convenient times, and streamline the screening process so the most qualified applicant can sign the lease as quickly as possible.
  • Cost-Effective Maintenance: These two words may seem to contradict each other. Can maintenance ever be cost-effective? If you partner with Specialized Property Management in Company in Crowley, TX, then the answer is yes. We negotiate discounts on parts and labor then pass on the savings to you. That’s one of the many benefits of professional property management. Crowley landlords also appreciate our routine maintenance plans and inspection schedules.

Join the thousands of satisfied property management owners who trust the experts at Specialized Property Management Company in Crowley, TX. While it is possible to make a profit with your rental properties on your own, you are most likely going to make more of a profit when you have Crowley, TX, property managers working for you. Why? These people are experts in the field of real estate and know how to make rental properties perform best. A great property management company that you can rely on is easily the best thing you can have when you invest in real estate. As you begin your research, you’ll see that there are many options out there. Depend on Specialized Property Management, who offer all of the services described above and have a 98% customer satisfaction rate. We can help you with any rental property ownership task. We’re confident that we can help you decrease the stress in your life, save time and money, and increase your passive income. Contact Specialized Property Management today and learn how to get started.

Why Hire Property Management in Aledo, TX

The small city of Aledo,TX, is full of friendly people, local shops, and tasty restaurants. Many people who live there enjoy the quiet, charming, small-town life that Aledo has to offer along with its award-winning accomplishments in city maintenance and improvements. Located only a short drive away from downtown Fort Worth, Aledo is close to everything you need, but not right in the middle of the hustle and bustle of the big city. Our team of Specialized property management in Aledo, TX, are local experts on the entire Fort Worth area, including outer towns and suburbs. We’ll help you discover what this city has to offer and why it may be the perfect place for your next real estate investment. Already invested? Keep reading to see how property management in Aledo, TX, can help you make the most of your investment and gain the highest profit. 

Things to Do in Aledo, TX

You and your family will never run out of things to do in this beautiful city with so many nearby activities available and sights to see. There is truly something for everyone in and around this family-friendly place. Aledo, TX real estate investing is a wise idea and property managers like Specialized Fort Worth can market your property for you, highlighting all the wonderful aspects of Aledo to reliable applicants. Just some of the main attractions in and around Aledo that you won’t want to miss out on are: 

  • Aledo Athletic Club
  • Amon Carter Museum of American Art
  • Sid Richardson Museum
  • Sundance Square
  • Texas Christian University
  • Fort Worth Water Gardens
  • Fort Worth Stockyards National Historic District
  • Fort Worth Botanic Garden

Aledo, TX, Real Estate Investing

The reason Aledo, TX, is so popular right now among families and young professionals is because it’s truly the perfect location, allowing you to live outside the city while easily being able to go downtown for work or pleasure anytime you please. If you’ve been looking to buy a home as a rental investment, you’ve probably been searching on websites similar to Zillow to find the best rental properties. This tactic, along with reaching out to property management in Aledo, TX, can help you narrow down your search and see what’s out there. 

Recently, Zillow reported data that said the average rents all across the country are at an all-time high of 29.1% of a tenant’s income. Just a couple decades ago, rent was only 25.8% of a tenant’s monthly income. This means that the time to invest is now. Most people who are in the real estate market, especially millennials, would rather rent than buy regardless of the cost of rent and they’re willing to put 30% of their monthly income into their rent payment. This means a lower chance of vacancies for you and a higher chance of steady cash flow. 

Rental Rates in Aledo, TX

It can be difficult to decide on a price to charge for rent since rental rates range from city to city depending on things like location, unit quality, and amenities. Let the experts at Specialized Property Management in Aledo, TX, be the ones to advise you on what rents are going for, how much tenants are willing to pay, and how your particular property compares. According to Rentjungle, rental rates in Aledo, TX average around $1775 per month.

This is higher than the average rental rates in Dallas, Fort Worth, and Austin which is another reason why Aledo, TX real estate investing is a great idea. Not only is it a great spot to live location-wise, there is also plenty to do and see while being affordable for families and young professionals that want to live there. With the current seller’s market, rise in millennials wanting to rent, Fort Worth job growth, and low interest rates, Aledo, TX, is one of the best markets for real estate investment. 

Why Hire Property Management in Aledo, TX 

When thinking about Aledo, TX, real estate investing, consider the benefits of hiring a property management company to help you protect and make the most of your investment. With rents rising along both the East and West coast, many people are relocating to the Fort Worth area and looking for affordable homes to rent. That’s another reason why investing in Aledo property is the way to go. But how will you market your home? And how will you know which tenants to trust? Hiring experienced property management in Aledo, TX, like Specialized Fort Worth is what you’ll need to ensure that you have a team of professionals ready and willing to help you in all aspects of owning and renting out your property. We’ll help you set a competitive, yet fair rental rate for tenants, screen them effectively, conduct virtual showings, and more. 

“Specialized Property Management’s reporting and accountability are excellent. I have been impressed with the courteous, professional and efficient manner in which the affairs of my properties have been conducted. I recommend Specialized as an agent for handling rental properties.”

William M., owner

Why Choose Specialized Property Management in Aledo, TX

With Specialized Property Management, you’ll save time, stress, and money. Our team of experienced property management in Aledo, TX, will take care of the daily ins and outs of owning a property and being a landlord so you don’t have to do it. We provide local insights into market trends and tenant needs to help you purchase the right property. We also know how to prepare your place so it has curb appeal. Once we attract a pool of well-qualified applicants, we screen them like no other. You get the best tenants with the highest potential and lowest risk. We collect the rent, take tenant phone calls at 2 a.m. in the morning, and ensure your property gets regular inspections and maintenance. You watch it all from the comfort of your home or office on our 24/7 owner portal where we post pictures, updates, and messages so all you have to do is lay back and relax. 

Fort Worth Property Management Process
  • Higher Customer Satisfaction: Property managers have a lot of people to keep happy in addition to the landlord. Think about the tenants, the neighborhood, the HOA, the community, and the city, county, state, and federal government just to name a few. We discovered the best way to meet your needs is to meet everyone else’s as well. We provide excellent customer service to everyone on your contact list so you reap the financial rewards of happy tenants, neighbors, and government agencies.
  • Unsurpassed Experience in Aledo, TX Real Estate Investing: Companies like Specialized Property Management know about investing and property management. We live here and work here too so we know the school districts, the shopping and entertainment options, the public transportation systems, and preferred public spaces. We know the rental markets and have studied tenant behavior and trends. And we know how to advertise your property to Aledo renters so they’ll respond.
  • Better Tenant Selection: Not all tenants are created equally. The goal is to find those who have the highest potential to pay with the least amount of concerns about past behavior that may cause problems for you in the future. Our rigorous background check and screening process do the trick.
  • Shorter Vacancies: Don’t panic. Specialized Property Management in Aledo, TX has a plan to shorten the length of vacancies in your rental. We advertise aggressively and strategically, respond quickly to applicants, show your property at convenient times, and streamline the screening process so the most qualified applicant can sign the lease as quickly as possible.
  • Cost-Effective Maintenance: Can maintenance ever be cost-effective? If you partner with Specialized Property Management then the answer is yes. We negotiate discounts on parts and labor then pass on the savings to you. That’s one of the many benefits of professional property management. Aledo landlords also appreciate our routine maintenance plans and inspection schedules.

Join the thousands of satisfied property management owners who trust the experts at Specialized Property Management in Aledo, TX. While it is possible to make a profit with your rental properties on your own, you are most likely going to make more of a profit when you have a property management company working for you. Our people are experts in the field of real estate and know how to make rental properties perform best. When you own rental properties and try to take the place of professional property management in Aledo, TX, you are risking your business’s financial security. 

A great property management company on which you can rely is easily the best thing you can have when you invest in real estate. As you begin your research, you’ll see that there are many options out there. Depend on Specialized Property Management, who offer all of the services described above and have a 98% customer satisfaction rate. We can help you with any rental property ownership task. We’re confident that we can help you decrease the stress in your life, save time and money, and increase your passive income. Contact Specialized Property Management today and learn how to get started. 

Have an Eviction Plan with Fort Worth Property Management

No one wants to experience being evicted or having to demand an eviction, but both things happen and they can occur very unexpectedly. Sometimes even the best, most promising tenants fall on hard times and can’t pay their rent. Though evictions can be mentally, emotionally, and financially exhausting for all parties involved, they don’t have to be that way for you. Specialized Fort Worth Property Management is unfortunately all too familiar with the eviction process, but that means that we are better equipped to help our property owners both avoid evictions and protect themselves against them. When you follow our tips and trust in our team of experts, you’ll save yourself from having to hand out thousands of dollars in penalties and court costs. Learn how we do it and what we can do for you. 

The Legal Process

It can feel daunting to know how to start once you realize a tenant isn’t paying their rent or holding up their end of the lease agreement. As your Fort Worth property management company, Specialized Property Management can help you prepare for the legal process of evictions by helping you know what to expect and the first steps to take. The eviction process usually goes something like this: 

  1. If a tenant breaks the lease agreement by not paying their rent or not following the lease agreement rules, give the tenant a three-day notice to vacate (per Texas law).
  2. You do not need to give the tenant the option of fixing the violation or back-paying the rent.
  3. If the tenant does not move out of the rental unit at the end of the three days, then you can file an eviction lawsuit with the court.

With Specialized Property Management Fort Worth, you’ll have professional help preventing the above from happening through thorough tenant screening processes, clear expectations set at the time of lease agreement, and local expertise on Fort Worth laws, codes, and regulations. If, for some reason, an eviction is still necessary, we will take care of the above for you in a professional and caring way, making the process as painless and cost-effective for you as possible.

Local Expertise

Specialized Property Management is a Fort Worth property management company. That means that we are experts on all things in the Fort Worth area, including the Fort Worth real estate markets, how Fort Worth tenants think, and what to predict for the future of property management in Fort Worth. It’s our job to be extensively trained in all the rules and regulations for your specific area and we even have an in-house legal counsel that will help educate you on any laws and codes that you’re supposed to be following as a property owner, especially when it comes to the Fort Worth eviction process. Rather than trying to keep up with the constantly changing regulations in your free time and risking violating a law that you didn’t even know about, trust in Specialized Property Management Fort Worth to do the work for you. Yes, you’ll have to pay us for our services, but many property owners claim that we are more than worth it for the amount of money we save them in legal fees and court costs. 

Set Clear Expectations

Another way to avoid unnecessary evictions is to set clear expectations from the time your tenant signs their lease. They may have read the lease, but it’s your job to ensure that they truly understand all that it entails and explain to them that you will not accept late rent payments or that there is a penalty when no rent is paid. Make sure they understand that collection action will be taken immediately if the tenant doesn’t hold up their end of the lease agreement. If tenants get the impression that there is any leeway at all, they will most likely try to take advantage of it. That’s why it’s important to go over the terms with them and make sure they understand the consequences of not paying rent. You can count on Specialized Fort Worth Property Management to set these clear expectations in the lease for you as well as screen tenants to ensure that you are getting the most reliable people out there. 

Tenants Still Won’t Pay Rent

Let’s say you have a great property management company that has expertly screened tenants, you’re aware of local laws and regulations, and you’ve set clear expectations at the time of lease agreement. For some reason, your tenants still won’t pay their rent. It can be frustrating, but before you turn to eviction, Specialized Fort Worth Property Management suggests you try the following: 

  • Communicate With Your Tenant – it wouldn’t be smart for you to evict a tenant after one missed payment. Call them and communicate about what happened and see if they have a good reason. There could have been a family emergency or health issue of some kind that truly prevented them from paying rent on time. The more you talk with your tenant, the easier it will be to explain to them what you are expecting and help them learn how to prevent a missed rent payment from happening in the future. 
  • Give Them a Notice to Vacate – Keep careful documents of every part of the process and communication if possible. If you’ve waited for days and your tenant hasn’t given you a good reason and still hasn’t paid rent, then you should give them a Notice to Vacate. Include the name of the tenant, the reason for the notice, and the date it was served so it can be considered valid in court. 

Specialized Property Management Fort Worth’s Eviction Protection Plan 

Unfortunately, not all evictions can be avoided by following local regulations, setting clear expectations with your tenants, and communicating with them. That’s why there needs to be a plan in place to protect yourself and with Specialized Fort Worth Property Management, that’s our Eviction Protection Plan. This means that we will prepare, file, and cover all the paperwork necessary to do the following if there is an eviction: 

  • Send a pay or quit notice
  • Work with the attorney to prepare summons, complaint, and other court documents
  • File the summons/order and pay court fees
  • Serve the tenant through constable and sheriff

Evictions are often unexpected, but they are always costly and court fees are just the beginning. The process can take months to resolve, and additional legal actions add to the costs. Even small mistakes when completing simple steps and procedures can cause expensive delays.  Emotional stress surrounding evictions can also be taxing, which is why it’s important to trust the experts at Specialized Fort Worth Property Management instead of trying to do everything on your own. Fort Worth local laws and federal regulations can create legal pitfalls, but you can rest assured knowing your property is in safe hands. Specialized Property Management Fort Worth will pay for the filing, legal fees, and court costs for any unlawful detainer action. Our eviction protection program reduces financial risk substantially and allows you to have peace of mind should an eviction become necessary.

Professionally Handle Emotional Stress

In some extreme situations, property owners have been known to threaten tenants or use unethical collection policies because of emotional distress. This can lead to even more legal difficulties like lawsuits, financial loss, and possible damage to the rental property. Our team at Specialized Property Management Fort Worth is the professionals that approach evictions with proficiency and professionalism. We also offer comprehensive services with support from our in-house legal counsel when an eviction becomes necessary. Specialized Property Management has the experience, experts, and everything else you need to keep your Fort Worth property running smoothly.

The Advantages of Using a Fort Worth Property Management Company

In order to prevent evictions from occurring, our company offers a full spectrum of services to Fort Worth property owners, from screening reliable applicants with thorough background checks, to getting homes “rent-ready”, to maintaining your rental property. Specialized Fort Worth Property Management is considered one of the best property management companies in Fort Worth because we have over 30 years of knowledge and experience to help your investment succeed, as well as the technological processes needed to succeed in today’s digital world. In order to avoid any and all mistakes as a property owner, let our team of experts at Specialized Property Management Fort Worth be the ones to handle everything. We have proven systems set in place to take care of all of the important aspects of managing your property. We’ll communicate clearly and professionally with tenants and make showing properties, screening tenants, collecting rent, and eviction a breeze. We’ll also make sure to price your home accurately, market it smartly, and schedule regular maintenance inspections without you ever having to leave your home. You’ll no longer have to worry about unnecessary vacancies, high tenant turnover, or local regulations and rental laws when you trust Specialized Property Management Fort Worth. Contact us today to learn more about what we can offer you.

Fort Worth Rental Property Management Summer Maintenance Tips

Right now is the perfect time to start sprucing up your rental property, and Fort Worth property management services can help. Specialized Fort Worth has been helping property owners maintain their homes with the following tips for over 30 years, and we know what it takes to avoid vacancies, expensive repairs, and unhappy tenants. In fact, we know that if you follow the tips we’ve provided below, you’ll experience peace of mind and both your property and its tenants will thank you. 

“We are pleased to help landlords and homeowners outside our client family be more effective and help their properties perform better,” explains the Director of Operations at Specialized Property Management Fort Worth. “We work hard to stay abreast of the regulatory changes that come into play, and we have learned by experience the proactive steps needed to protect the property while protecting the owner from liability.”

The Fort Worth rental property management summer home maintenance tips we will cover are curb appeal, low maintenance landscaping, storm cleanup, and a list of things to do every year around this time to prevent major maintenance issues down the road. 

Curb Appeal and Landscaping

Curb appeal for a home is like a first impression for people. It only takes a few seconds for someone driving by to decide what they think of the home and if it’s not well taken care of, they’ll keep driving without any second thoughts. If your property has overgrown grass, junk on the lawn, weeds, or just looks dirty, it could increase your vacancies and deter future tenants. Create a plan and set a budget to decide what’s the highest priority. Fort Worth rental property management can help you find preferred vendors in order for you to be smart with your money. If you don’t have the time to spruce up your property’s outward appearance, consider hiring Fort Worth property management services to do the following: 

  • Low Maintenance Landscaping: Texas locals understand the headache it is to control weeds from taking over your yard. Sometimes it seems easier to just give up than do the backbreaking work of weeding on a regular basis. The best thing you can do to keep your lawn looking green and healthy is to choose the right grass (St. Augustine and Buffalo Grass do well in the Texas climate), fertilize it at the right time of the year, aerate your lawn, irrigate it or install a sprinkler system, clean it, and mow it consistently. You may still have to spend some time weeding and pruning bushes and trees, but if it means consistent tenants and subsequently more income, it’s worth it. 
  • Plant Flowers: Ask your Fort Worth rental property management company or do your research on which flowers bloom at what times and how long they can last. Chrysanthemums, Bottlebrush plants, Snapdragons, and Pansies usually do well in the Texas winter. Lavender is another plant that smells wonderful, is a natural bug repellent, and doesn’t need a lot of watering. Planting them in a flower bed near your front door, in a garden box, or hanging them on your front porch are all great ways to let prospective tenants know that this property is beautiful and well taken care of. 
  • Use Mulch or Stones: Consider adding mulch or stones to an outdoor area so you don’t have to worry about the upkeep of grass as much. These are low maintenance options that are durable in any weather and add interest and texture. This is also a great place to put outdoor furniture or decorative pieces. 
  • Patios, Decks, and Walkways: Another way to add interest to your home while keeping things low maintenance is to install walkways, patios, or decks to your landscaping. Tenants will appreciate the extra space for lounging outdoors as well so they can entertain or spend time with friends and family. Your Fort Worth rental property management company will know landscape design vendors that can help make your vision come to life. 
  • Drought-Tolerant Landscaping: Drought-tolerant landscaping, xeriscaping, or smart-scaping are all a type of gardening that reduces the need for watering. It doesn’t always mean planting cactus and spreading rocks as some people think. Check with your local garden center for help identifying native plants that are drought resistant. An agave plant or a Texas sage is a good place to start.
  • Give Your Tenants Tools: If your lease states it is the tenant’s job to keep up with the landscaping, consider providing them with tools to help them out and making sure that they don’t have any excuses for not doing their part. Your tenant will be much more likely to keep up with gardening and mowing if they don’t have to purchase the tools themselves. If you want the grass to stay nice and green, consider installing a sprinkler system and instructing them on how to use it to make it even easier for your tenant.
  • Storm Cleanup: Fort Worth, Texas is not exempt from natural disasters and often the aftermath of a thunderstorm, tornado, flooding, or worse can leave your property looking like a huge mess. Fort Worth rental property management recommends assessing the damage, taking pictures for your home insurance, and taking careful inventory of what was broken or potential hazards. Use caution when clearing away broken tree limbs to avoid additional liability or insurance issues. Take note of your yard drainage system as well and replace any mulch that was washed away so you’ll be ready for the next storm. 
  • Handle Standing Water:  Fort Worth summers and rainstorms can result in a lot of standing water which can be dangerous. Standing water will attract mosquitoes who carry diseases like ZIKA and West Nile Virus so it needs to be taken care of right away. Use caution by wearing rubber gloves when handling standing water as it can contain deadly bacteria and sewage. Always wash your hands after handling standing water.

More Fort Worth Rental Property Management Summer Maintenance Tips

When you’re attending to your property in the spring, don’t forget about the inside of your home. Just as important as curb appeal, landscaping, and storm cleanup are the following indoor maintenance tips: 

  • Check HVAC equipment to ensure it is in working order
  • Replace A/C and ventilation filters
  • Remove unwanted build-up on fans and forced airways
  • Check basement humidifiers, dehumidifiers, and dampers
  • Check for lease compliance issues

If you are consistent in doing these things every spring, you’ll be able to avoid huge maintenance issues in the future and unnecessary vacancies. Your tenants will be able to better enjoy living in your property and will respect you for the hard work you’ve put into making your property feel like their home. However, we understand that keeping up with all of these things is time-consuming and that’s why we suggest taking advantage of Fort Worth property management services that can do the work for you. 

“Many of our clients simply don’t have the time or expertise to pay attention to the small, but important details that will protect their long-term cash flow, so they trust us to provide full-service management of their rental property,” explains the Director of Operations. “A truly professional property manager will pay for themselves and end up increasing the return on investment by avoiding costly mistakes and addressing issues proactively.”

Why Choose Specialized Fort Worth Rental Property Management 

At Specialized Property Management Fort Worth, our team of property management experts are the ones to trust for updating and maintaining your property. We have been advising property owners all over Fort Worth and helping them manage their rental properties effectively and efficiently for over 30 years. With a 98% customer satisfaction rating, and a #1 listing out of 270 property managers, you can rest assured that your property and tenants will be well taken care of. Some of the Fort Worth property management services we offer are: 

  • No Hidden Fees
  • Faster Leasing 
  • Online Marketing
  • Effective Tenant Screening
  • Financial Peace of Mind
  • 24-Hour Support 
  • Local Expertise
  • Straightforward Communication
  • Cost-Effective Maintenance
  • Online Portal/Rent Collection

Our team at Specialized Fort Worth Rental Property Management lives and works locally, so we know the Fort Worth climate and rental market and can help you pick the right landscaping designs, make the correct curb appeal updates, keep up with seasonal maintenance, and advertise successfully with tenants. We also know that keeping tenants happy is a top priority because it’s a win for everyone involved and can help promote your property to future tenants. You can trust us with your property and your tenants because we’ve seen it all and have learned how to be one of the most successful property management companies out there. Our proven processes save you time, money, and stress while making it easy for tenants to pay rent online and access online information. Let us help make your life easier by managing your property for you. Contact us today to learn more about how we can help you maintain your beautiful rental property.

Property Management in Burleson, TX

Burleson is a small, diverse suburb of Fort Worth, and according to Niche reviews, one of the highest rated places to live in Texas. Not only are residents of Burleson just a 48-minute drive from Dallas, they’re also surrounded by great restaurants, beautiful parks, and other like-minded families and young professionals. Just a quick, 22-minute drive to downtown Fort Worth, Burleson has good schools, a fun downtown scene, and affordable rental rates. Our team at Specialized Fort Worth Property Management in Burleson, TX are local experts on the Fort Worth area, including Burleson. We’ll help you discover what this suburb of Fort Worth has to offer and why it may be the perfect place for your next real estate investment. Already invested? Keep reading to see how our Burleson, TX property managers can help you make the most of your investment and gain the highest profit. 

“Burleson is a sweet little town with both a cozy downtown area and an up-and-coming shopping and dining scene. You can have the feel of living in comfortable suburbs, but with I-35 and the new Chisholm Trail Parkway getting into Ft. Worth is nice and convenient.”  

Niche Review

Top Fun Things to Do in Burleson

You and your family will never run out of things to do in this beautiful city with so many activities available and sights to see from escape rooms to museums, and more. There is truly something for everyone in and around this family-friendly place. Once you’ve invested in the area, a Burleson, TX property managers from Specialized Fort Worth can market your property for you, highlighting all the wonderful aspects of Burleson to reliable applicants. Just some of the main attractions you won’t want to miss out on are: 

  • Twisted Key Escape Room– Can you find the right clues and solve the puzzles to get out in time? 
  • Lost Oak Winery- Amazing wine, fun tours, and live music to enjoy. 
  • Burleson Historical Ghost Tour- Get a spooky look into Burleson’s history. 
  • Movie theater– There’s always something good playing to help entertain you for an evening or a matinee. 
  • Recess Time Indoor Playground– Something for kids of all ages and even adults can join in on the fun! 

Investing in Burleson Property

The reason Burleson is so popular right now among families and young professionals is that it’s truly the perfect location, allowing you to live outside the city while easily being able to go downtown for work or pleasure anytime you please. Browsing sites like Zillow and reaching out to property management in Burleson, TX who can help you narrow down your search for an investment property are great ways to see what’s out there. Recently, Zillow reported data that said the average rents all across the country are at an all-time high of 29.1% of a tenant’s income. Just a couple of decades ago, rent was only 25.8% of a tenant’s monthly income. Some places are higher and some lower, but in the Burleson area, rent matches the national average of about 30% of a tenant’s income. This means that the time to invest is now. 

Rental Rates in Burleson

It can be difficult to decide on a price to charge for rent since rental rates range from city to city and even within one place they can range a lot, depending on things like location, unit quality, and amenities. Let the experts at Specialized Property Management in Burleson, TX be the ones to advise you on what rents are going for, how much tenants are willing to pay, and how your particular property compares. According to RentCafe, in Fort Worth, rental rates range from about $700-$1500 per month, with the average rent rate right at $1,128 per month. The average rent in Burleson is at $1,226, which is lower than the average rental rates in Mansfield, Dallas, and Austin and lower than the average national rental rate. This is another reason why Burleson is an ideal investment location. Not only is it a great spot to live location-wise, but there is also plenty to do and see, and it’s affordable for families and young professionals that want to live there. With the current seller’s market, rise in millennials wanting to rent, Fort Worth job growth, and low interest rates, Burleson is one of the best markets for real estate investment. 

Better Property Management in Burleson, TX  

When thinking about investing in real estate, consider the benefits of hiring a property management company to help you protect and make the most of your investment. With rents rising along both the East and West coast, many people are relocating to the Fort Worth area and looking for affordable homes to rent. But how will you market your property? And how will you know which tenants to trust? Hiring Burleson, TX property managers from Specialized Fort Worth is what you’ll need to ensure that you have a team of professionals ready and willing to help you in all aspects of owning and renting out your property. We’ll help you set a competitive, yet fair, rental rate for tenants, screen them effectively, conduct virtual showings, and more. 

“As a property owner, it is evident that they have my best interest in mind; promptly addressing tenants’ concerns and meeting their and my expectations. Their professionalism as a business and business partner is exceptional.”

Alfonso Flores

Why Choose Specialized Property Management in Burleson, TX 

With Specialized Property Management, you’ll save time, stress, and money. We take care of the daily ins and outs of owning a property and being a landlord so you don’t have to. We provide local insights into market trends and tenant needs to help you purchase the right property. We also know how to prepare your place so it has ‘curb appeal.’ Once we attract a pool of well-qualified applicants, we screen them like no other. You get the best of the best tenants with the highest potential and lowest risk. We collect the rent, take tenant phone calls at 2 a.m. in the morning, and ensure your property gets regular inspections and maintenance. You watch it all from the comfort of your home or office on our 24/7 owner portal where we post pictures, updates, and messages so all you have to do is breathe easy. Our services include: 

Fort Worth Property Management Process
  • Higher Customer Satisfaction: To be honest, property managers have a lot of people to keep happy in addition to the landlord. Think about the tenants, the neighborhood, the HOA, the community, and the city, county, state, and federal government just to name a few. We discovered the best way to meet your needs is to meet everyone else’s as well. So we provide excellent customer service to everyone on your contact list so you reap the financial rewards of happy tenants, neighbors, and government agencies.
  • Unsurpassed Experience with Burleson, TX property managers: Specialized Property Management knows property management. Burleson-style property management, however, is perhaps a better way of putting it. We live here and work here too so we know the school districts, the shopping and entertainment options, the public transportation systems, and preferred public spaces. We know the rental markets and study tenant behavior and trends. And we know how to advertise your property to Burleson renters, so they’ll respond.
  • Better Tenant Selection: Not all tenants are created equally. The goal is to find those who have the highest potential to pay with the least amount of concerns about past behavior that may cause problems for you in the future. Our rigorous background check and screening process do the trick.
  • Shorter Vacancies: Don’t panic. We have a plan to shorten the length of vacancies in your rental. We advertise aggressively and strategically, respond quickly to applicants, show your property at convenient times, and streamline the screening process so the most qualified applicant can sign the lease as quickly as possible.
  • Cost-Effective Maintenance: These two words may seem to contradict each other. Can maintenance ever be cost-effective? If you partner with Specialized Property Management in Burleson, TX, then the answer is yes. We negotiate discounts on parts and labor then pass on the savings to you. That’s one of the many benefits of professional property management. Burleson landlords also appreciate our routine maintenance plans and inspection schedules.

Join the thousands of satisfied property management owners who trust the experts at Specialized Property Management in Burleson, TX. While it is possible to make a profit with your rental properties on your own, you are most likely going to make more of a profit when you have Burleson, TX property managers working for you. Why? These people are experts in the field of real estate and know how to make rental properties perform best. A great property management company that you can rely on is easily the best thing you can have when you invest in real estate. As you begin your research, you’ll see that there are many options out there. Depend on Specialized Property Management, who offer all of the services described above and have a 98% customer satisfaction rate. We can help you with any rental property ownership task. We’re confident that we can help you decrease the stress in your life, save time and money, and increase your passive income. Contact Specialized Property Management today and learn how to get started.

Why Hire White Settlement, TX Rental Property Management

The small city of White Settlement is full of friendly people, local shops, and tasty restaurants. Many people who live there enjoy the quiet, charming, small-town life that White Settlement has to offer. Located only one short drive away from downtown Fort Worth, White Settlement is close to everything you need, but not right in the middle of the hustle and bustle of the big city. Our team of Specialized property managers in White Settlement, TX are local experts on the entire Fort Worth area, including outer suburbs. We’ll help you discover what this city has to offer and why it may be the perfect place for your next real estate investment. Already invested? Keep reading to see how White Settlement, TX rental property management can help you make the most of your investment and gain the highest profit. 

Things to Do in White Settlement, TX

You and your family will never run out of things to do in this beautiful city with so many activities available and sights to see. There is truly something for everyone in and around this family-friendly area. Once you’ve invested in the area, property managers in White Settlement, TX like Specialized Fort Worth can market your property for you, highlighting all the wonderful aspects of White Settlement to reliable applicants. Just some of the main attractions you won’t want to miss out on are: 

  • White Settlement Historical Museum– Music, tours, and history all wrapped into one super interesting museum where you could easily spend your entire day. 
  • Splash Dayz– a water park with rides, slides, tubing, and endless fun.
  • Veteran’s Park– a large park with lots of green fields to run around and play or toss a frisbee. and a splash pad nearby. 
  • Fort Worth Botanic Garden– This family-friendly garden is full of plants, flowers, and beautiful botany to admire. 
  • The Secret Chambers Escape Challenge– Can you find the right clues and solve the puzzles to get out in time? 

Investing in White Settlement Property

The reason White Settlement is so popular right now among families and young professionals is that it’s truly the perfect location, allowing you to live outside the city while easily being able to go downtown for work or pleasure anytime you please. If you’ve been looking to buy a home as a rental investment, you’ve probably been searching on websites similar to Zillow to find the best rental properties. This tactic, along with reaching out to White Settlement, TX rental property management who can help you narrow down your search are great ways to see what’s out there. 

Recently, Zillow reported data that said the average rents all across the country are at an all-time high of 29.1% of a tenant’s income. Just a couple of decades ago, rent was only 25.8% of a tenant’s monthly income. Some places are higher and some lower, but in the White Settlement area, rent matches the national average of about 30% of a tenant’s income. This means that the time to invest is now. Most people who are in the real estate market, especially millennials, would rather rent than buy regardless of the cost of rent and they’re willing to put 30% of their monthly income into their rent payment. This means a lower chance of vacancies for you and a higher chance of steady cash flow. 

Rental Rates in White Settlement 

It can be difficult to decide on a price to charge for rent since rental rates range from city to city and even within one place they can range a lot, depending on things like location, unit quality, and amenities. Let the experts at Specialized Property Management, a White Settlement, TX rental property management company, be the ones to advise you on what rents are going for, how much tenants are willing to pay, and how your particular property compares. According to RentCafe, in White Settlement, rental rates range from about $700-$1500 per month, with the average rent rate right at $1015 per month.

This is lower than the average rental rates in Dallas, Fort Worth, Crowley, Saginaw, and Austin and significantly lower than the average national rental rate. This is another reason why White Settlement is an ideal investment location. Not only is it a great spot to live location-wise, there is also plenty to do and see, and it’s also affordable for families and young professionals that want to live there. With the current seller’s market, rise in millennials wanting to rent, Fort Worth job growth, and low interest rates, White Settlement is one of the best markets for real estate investment. 

Why Hire a White Settlement, TX Rental Property Management Company

When thinking about investing in real estate, consider the benefits of hiring a property management company to help you protect and make the most of your investment. With rents rising along both the East and West coast, many people are relocating to the Fort Worth area and looking for affordable homes to rent. That’s another reason why investing in property in White Settlement is the way to go. But how will you market your property? And how will you know which tenants to trust? Hiring experienced property managers in White Settlement, TX like Specialized Fort Worth is what you’ll need to ensure that you have a team of professionals ready and willing to help you in all aspects of owning and renting out your property. We’ll help you set a competitive, yet fair, rental rate for tenants, screen them effectively, conduct virtual showings, and more. 

“Specialized Property Management’s reporting and accountability are excellent. I have been impressed with the courteous, professional and efficient manner in which the affairs of my properties have been conducted. I recommend Specialized as an agent for handling rental properties.”

William M., owner

Why Choose Specialized Property Management in White Settlement

With Specialized Property Management, you’ll save time, stress, and money. Our team of experienced property managers in White Settlement, TX will take care of the daily ins and outs of owning a property and being a landlord so you don’t have to do it. We provide local insights into market trends and tenant needs to help you purchase the right property. We also know how to prepare your place so it has ‘curb appeal.’ Once we attract a pool of well-qualified applicants, we screen them like no other. You get the best of the best tenants with the highest potential and lowest risk. We collect the rent, take tenant phone calls at 2 a.m. in the morning, and ensure your property gets regular inspections and maintenance. You watch it all from the comfort of your home or office on our 24/7 owner portal where we post pictures, updates, and messages so all you have to do is breathe easy. 

Fort Worth Property Management Process
  • Higher Customer Satisfaction: To be honest, property managers have a lot of people to keep happy in addition to the landlord. Think about the tenants, the neighborhood, the HOA, the community, and the city, county, state, and federal government just to name a few. We discovered the best way to meet your needs is to meet everyone else’s as well. So we provide excellent customer service to everyone on your contact list so you reap the financial rewards of happy tenants, neighbors, and government agencies.
  • Unsurpassed Experience in White Settlement, TX Rental Property Management: Companies like Specialized Property Management know property management. White Settlement-style property management, however, is perhaps a better way of putting it. We live here and work here too so we know the school districts, the shopping and entertainment options, the public transportation systems, and preferred public spaces. We know the rental markets and study tenant behavior and trends. And we know how to advertise your property to White Settlement renters, so they’ll respond.
  • Better Tenant Selection: Not all tenants are created equally. The goal is to find those who have the highest potential to pay with the least amount of concerns about past behavior that may cause problems for you in the future. Our rigorous background check and screening process do the trick.
  • Shorter Vacancies: Don’t panic. Our property managers in White Settlement, TX have a plan to shorten the length of vacancies in your rental. We advertise aggressively and strategically, respond quickly to applicants, show your property at convenient times, and streamline the screening process so the most qualified applicant can sign the lease as quickly as possible.
  • Cost-Effective Maintenance: These two words may seem to contradict each other. Can maintenance ever be cost-effective? If you partner with Specialized Fort Worth Property Management then the answer is yes. We negotiate discounts on parts and labor then pass on the savings to you. That’s one of the many benefits of professional property management. White Settlement landlords also appreciate our routine maintenance plans and inspection schedules.

Join the thousands of satisfied property management owners who trust the experts at Specialized Property Management in Fort Worth. While it is possible to make a profit with your rental properties on your own, you are most likely going to make more of a profit when you have a White Settlement, TX rental property management company working for you. Why? These people are experts in the field of real estate and know how to make rental properties perform best. When you own rental properties and try to take the place of professional property managers in White Settlement, TX, you are risking your business’s financial security. A great property management company on which you can rely is easily the best thing you can have when you invest in real estate. As you begin your research, you’ll see that there are many options out there. Depend on Specialized Property Management, who offer all of the services described above and have a 98% customer satisfaction rate. We can help you with any rental property ownership task. We’re confident that we can help you decrease the stress in your life, save time and money, and increase your passive income. Contact Specialized Property Management today and learn how to get started.

A Property Management Company in Fort Worth Helps You Avoid Mistakes

You’ve probably heard the horror stories of complicated maintenance issues, unruly tenants, and mountains of paperwork that other landlords are dealing with by trying to manage their property on their own. You may be thinking to yourself that you are the exception, and that owning and managing a property by yourself will be easy. Even if you have all the skills and know-how to manage a property on your own, what you save in dollars, you’ll most likely spend in time. Think about what is more important to you – time or money. Most people want their real estate investment to be passive income, which means spending time doing something else, like a full-time job, and leaving the management aspect of owning a rental property up to property management companies in Fort Worth. Because companies like Specialized Property Management are experts in their field, they may end up saving you money in the long run by avoiding common landlord mistakes like the ones below. In the end, you won’t feel like you’re sacrificing your time or your money to be a property owner. 

Common Landlord Mistakes to Avoid

  1. The Learning Curve- The first mistake you can make as a property owner is thinking that you know everything. There is so much to learn and brand new property owners who try to DIY being a landlord usually realize early on that they are way in over their head. If you decide not to hire a property management company, do your best to do sufficient research and ask other successful DIY property managers about their methods. 
  2. Devaluing Your Time- Thinking that managing your property on your own won’t take up a lot of time is foolish. Most properties require regular inspections and maintenance so you’ll want to be realistic about how much time to devote to being a manager and how much to trust property management companies in Fort Worth. 
  3. Poor Property Selection- The property you choose to invest in is very important to the success of your home. Make sure to select the right property by looking at the neighborhood, the average rent for the area, crime rates, local things to do, and more. Try to select a property that is near shopping and schools and on a less busy road. The more you can appeal to families and pet owners the better, because families tend to stay longer in a rental than single tenants on average. More tips for choosing the right property to invest in can be found by asking your property management company in Fort Worth. 
  4. Always Be Available for Showings– Marketing isn’t just about putting your property out there. It’s also about responding quickly to interested individuals. Create easy-to-access video tours and images of your rental house and take advantage of social media as a marketing tool. This maximizes exposure and allows others to view your home online. In our digital world, reach out to potential tenants by listing your property on a variety of popular websites.
  5. Accurately Price Your Home- Since prices fluctuate, it is important that you understand the current market for your property’s location. Too high of a price will discourage tenants while too low of a price will decrease your bottom line. Specialized Property Management Company in Fort Worth knows exactly where the Fort Worth rental market is at and how to best price your property for you. 
  6. Extended Vacancies and Leasing Delays- Your home should never be sitting on the market for months or vacant for long periods of time. Many property owners don’t realize that there are simple things they can do to get their home rent-ready. Showing your home to prospective tenants before it is “rent-ready” with at least a professional cleaning and rekeyed locks is a huge mistake. They should also be advertising effectively and keeping current tenants happy. 
  7. Poor Tenant Selection– Finding, and keeping, high-quality tenants can be a stressful process, but Specialized Property Management Company in Fort Worth performs thorough credit and background checks to help you avoid tenant trouble in the future and be able to collect rent consistently and on time. Our effective and proven processes make sure you’re getting a responsible tenant who will want to stay for a while. It’s also important to be aware of all the laws and regulations that you need to adhere to, especially in regard to tenant interaction and problems in rent collection. If you or your property management company in Fort Worth aren’t hyper-aware of these laws, it could mean costly fees. 
  8. High Tenant Turnover- Many property owners have high tenant turnover and they don’t know why. It’s important to establish a positive, respectful relationship with your tenants and respond to their needs quickly. Rather than trick them into signing a lease in a property that needs a lot of maintenance or that has loud neighbors, be open and upfront with tenants and create trust. Do your best to make your property attractive and comfortable. They will appreciate your effort and respond by renewing their lease or at least giving you adequate notice before moving out. 
  9. Inefficient Rent Collection- Specialized Property Management Company in Fort Worth knows that collecting rent on time every month is crucial to your success as a property owner. You need to make sure you have an effective rent collection system that is easy for tenants to use. Let them know before they sign the lease what your expectations are for rent and show them how to do it online. The more straightforward the process, the less you’ll have to worry about getting paid. 
  10. Expensive Regulatory Violations- Keeping meticulous records and staying organized is crucial if you want to be a successful property owner. Regulations like the Fair Housing laws, habitability laws, confidentiality laws, The Americans with Disabilities Act, federal and state laws, and municipal codes you need to follow should be familiar to you because you’ve done your research. If you unknowingly break one of these laws, you’ll face costly fines and it won’t be worth the money you saved trying to do everything yourself. That’s why you should trust our team of experts at Specialized Property Management Company in Fort Worth. Our job is to know all the laws and regulations so you don’t fall into any legal nightmares!
  11. Maintenance Issues- One of the main reasons tenants decide to move out early or not renew their lease is because they are fed up with their landlord not addressing maintenance requests and concerns. Many landlords try to save money by putting off small repairs here and there but then they face huge, expensive repairs down the line. Do your best to respond quickly to tenant requests and conduct routine property inspections where you can apply preventative maintenance and address any small repairs that need to be done. 
  12. Tense Emotions- Owning a property can feel like an emotional investment because of all the time and money you’ve put into it, but in reality, it’s just a business. Remember that tenants need their privacy and should be treated professionally. How they live or act shouldn’t get you upset as long as they are keeping their end of the contract. 

The Risks of DIY Property Management 

One reason you may want to try DIY property management is that, though it is more than likely the more difficult route, it can be very rewarding—both financially and personally. You’ll develop better relationships with your tenants and can manage the property the way you want. That said, there is significant risk associated with that method and a good property management company in Fort Worth can mitigate those risks pretty easily. You’ll certainly pay for their services, but given all the headache and time they’ll save you, it’s more than worth it. You can still enjoy the rewards of owning a property and how investing in real estate can help you financially, but you won’t have to worry about the responsibility of knowing how to do everything on your own. 

The Advantages of Using a Property Management Company in Fort Worth

Specialized Fort Worth Property Management is considered one of the best property management companies in Fort Worth because we have over 30 years of knowledge and experience to help your investment succeed, as well as the technological processes needed to succeed in today’s digital world. In order to avoid any and all mistakes as a property owner, let our team of experts at Specialized Fort Worth be the ones to handle everything. We have proven systems set in place to take care of all of the important aspects of managing your property. We’ll communicate clearly and professionally with tenants and make showing properties, screening tenants, and collecting rent a breeze. We’ll also make sure to price your home accurately, market it smartly, and schedule regular maintenance inspections without you ever having to leave your home. You’ll no longer have to worry about unnecessary vacancies, high tenant turnover, or local regulations and rental laws when you trust Specialized Property Management Company in Fort Worth. Contact us today to learn more about what we can offer you.

Tenant Retention Tips by Specialized Rental Property Management Fort Worth

The last words a property manager wants to hear from a great tenant is. “I’m moving out”. When a tenant leaves, not only does it mean no more cash flow, but it also means trying to find a new tenant to take their place and attending to administrative work to get everything in order for the old tenant, as well as the new one – advertising, cleaning, rekeying, maintenance work to get a unit rent-ready, and showing costs. Vacancies are nothing but stress and hassle, so rather than try to plan for them, do what you can to find and keep good tenants who will stay for a long time, helping you avoid vacancies altogether. Specialized Rental Property Management Fort Worth has all the tips you need for finding and keeping the best tenants out there. 

Find Great Tenants

If you want tenants that will stay awhile, you have to make sure that they are worth your while. That means properly screening tenants after meeting them in person as part of the application process. Thorough background checks and credit checks will help you determine how reputable a person is which will be the beginning of a trusting relationship. It’s easy for tenants today to lie about their past or offer cash upfront and then not pay rent later. That’s why it’s important to be aware of tenant red flags you may have forgotten to notice in the past. A professional rental property management in Fort Worth will know exactly what to watch out for. The more questions you ask now, the better you’ll be able to avoid tenant drama and short-term renters. 

Keep Rent Reasonable 

One of the main reasons tenants move out is because they can’t afford above average rent increases. Specialized Rental Property Management Fort Worth consists of a team of local experts who know what the going rate of rent is in your area, and how the value of homes around you are affecting what you should charge your tenants. Annual rent increases are common, but the money you make from consistently increasing rent will not be enough to cover the costs of vacancies and high rental turnover if tenants have to move out. Keep rent close to the area averages and be careful about how much you increase it. Pricing your property accurately can be difficult, but Specialized Fort Worth can help you get it exactly right. 

Respond Quickly to Tenant Requests

It doesn’t take a professional rental property management Fort Worth company to know that communicating well with your tenants is a necessary skill for a property owner. Avoiding vacancies means keeping tenants happy, and the best way to do that is to promptly respond to their requests for repairs and other needs. A general rule of thumb is to respond quickly to tenants within 24 hours at the latest, if you can’t do it sooner. Specialized Fort Worth has a 24-hour call center to help those unwanted emergencies that come at the most inconvenient times. Our long-standing relationships with trusted vendors also ensure fast, proactive maintenance performed by professional people in order to avoid large maintenance problems in the future. This helps tenants feel like they can enjoy their home right now, and helps them see that their rental property management in Fort Worth cares. 

Form Tenant Relationships

Make sure that your tenants don’t just see you as someone to fix their emergency maintenance needs. Touching base regularly in a friendly way helps them see you as a normal person that they feel comfortable around, which in turn, makes them want to stay in your property longer. Make sure that you respect their privacy, but also let them know that you are there for them as a property owner and a friend. It’s also important to give them proper notice and reminders about regular inspections to show your concern for both them and the property. The more you work to improve your relationships with your tenants, the more likely they are to do their part to contribute in positive ways as well. 

Respect Privacy

It may seem silly to give people privacy in a property that you own, but it is your renters’ legal right. They will appreciate you giving them space, and the more they feel like your property is their home, the longer they will want to stay there. Rental property management in Fort Worth like Specialized makes sure to give tenants plenty of advanced warning any time they, or you, need access to their unit. Planning ahead of time, giving specific dates, limited time frames, and friendly reminders of when you will visit allows them to plan accordingly and be ready. Try to limit the number of times you access the unit as much as possible. 

Set Your Property Apart From The Rest

It’s important to give tenants a reason to want to live in your property, and a reason to stay there as well. Some things that Specialized Rental Property Management Fort Worth suggests you do to make your home stand out from the others are: 

  • Have a pet-friendly policy: When you are open to pets, you’ll automatically have more interested tenants who are willing to pay an extra pet deposit or higher rent and are more likely to stay because pet-friendly properties can be difficult to find. 
  • Washer and dryer: Rather than just have washer and dryer hookups, installing a set in your property is an inexpensive way to attract more tenants and keep them there. 
  • Parking: One of the main things tenants look for is off-street parking and investing in laying gravel or pouring a driveway will be worth it. 
  • Online access: Save time and hassle by making it possible for tenants to login to an online portal to pay rent and submit maintenance requests. Specialized Rental Property Management Fort Worth has an online portal for both tenants and property owners to make life easier. 
  • Update fixtures: Light fixtures and faucets can make a huge difference in the feel of a home and they are a quick, inexpensive way to update yours and pique the interest of new tenants without tearing down any walls. 

Shorten Vacancies

No matter how great of a tenant you find or how happy they are, the truth is that sometimes vacancies are completely unavoidable. Try to avoid them as much as possible, but when you can’t, learn how to shorten the length of vacancies by doing the following: 

  1. Be Rent-Ready – Specialized Rental Property Management Fort Worth can help with the rent-ready process by making suggestions for simple updates, landscaping, and amenities. We understand that Fort Worth tenants are looking for a place that is professionally cleaned, re-keyed, and up to date functionally and cosmetically before they view it.
  2. Right Price – When your home is priced too high it will discourage some potential tenants from looking. However, pricing your home too low will hurt your bottom line. Our local property managers will give your home an expert evaluation to find the best price for your rental.
  3. Marketing – An aggressive marketing plan is something Fort Worth property managers strongly recommend. Posting your property on 20-40 websites, using video tours, and posting high-quality images will attract tenants quickly.
  4. Viewing – Most potential tenants want to do a physical walk-through of the property before signing a lease. Specialized Rental Property Management Fort Worth suggests making it easy for tenants to schedule a viewing of the property 24/7.
  5. Extended Leases – If your current lease expires at an inactive time during the rental season, consider extending it so it comes up for rent during the active season.

Why Choose Specialized Rental Property Management in Fort Worth 

At Specialized Property Management Fort Worth, our team of property management experts are the ones to trust for both finding and keeping great tenants. We have been advising property owners all over Fort Worth and helping them manage their rental properties effectively and efficiently for over 30 years. With a 98% customer satisfaction rating and a #1 listing out of 270 property managers, you can rest assured that your property and tenants will be well taken care of. Some of the services we offer are: 

  • No Hidden Fees
  • Faster Leasing 
  • Online Marketing
  • Effective Tenant Screening
  • Financial Peace of Mind
  • 24-Hour Support 
  • Local Expertise
  • Straightforward Communication
  • Cost-Effective Maintenance
  • Online Portal/Rent Collection

Our team at Specialized Rental Property Management Fort Worth lives and works locally, so we know the current real estate rental trends and can help you set the right place, make the correct updates, and communicate successfully with tenants. We also know that keeping tenants happy is a top priority because it’s a win for everyone involved and can help promote your property to future tenants. You can trust us with your property and your tenants because we’ve seen it all and have learned how to adapt with market changes. Our technology-driven processes save you time, money, and stress while making it easy for tenants to pay rent online and access online information. Let us help make your life easier by managing your property for you. When you invest, we will take care of the rest. Contact us today to learn more about how we can help you maintain your beautiful rental property.