Inspecting your Fort Worth rental property will help you keep it well-maintained and ensure your tenants are following the terms of the lease. There are a few specific times when inspections are critical. Before a tenant moves in and after a tenant moves out, you’ll need to inspect the property and document the condition. It’s also important to get inside the property to take a look around at least once during a tenancy. Driving by the home once in a while without going inside can also give you an idea of whether your tenants are taking care of the property the way you expect them to. Read more
Making mistakes with your rental property is easier than you think.
Many new landlords and even experienced investors think managing a property is as easy as finding a tenant and collecting rent. But, owning and operating a rental property is a bit more complex than that, and a lot of expensive mistakes can be made. If you want to have a good experience with your Fort Worth rental property, make sure you can avoid these common errors. Read more
When you want to find the best tenants for your Fort Worth rental property, you need to catch their attention with some great marketing and a positive showing experience. But, before you can advertise your home or let prospective tenants see it, you have to make sure it’s rent-ready. Getting it ready for the rental market means making it clean, functional, and attractive. Read more
Smart investors know that working with a professional Fort Worth property management company can help increase the return that’s earned on their investments. While you’ll need to pay for expert leasing and management services, you can more than make up for those fees with higher rents, better tenants, and lower expenses. The value that you receive when you work with good managers is more than worth the costs you incur. Read more
The best way to handle evictions in Fort Worth is to avoid them. They don’t work out for anyone, and unless you know what you’re doing, they can be expensive and time-consuming. You want to reduce the chances you’ll have to evict by screening tenants thoroughly, enforcing your lease, and keeping the lines of communication open with your tenants at all time. Read more
Are you wondering how to make your rental property stand out from others in the neighborhood? For two properties in the same neighborhood that have similar square footage and number of bedrooms, why should a tenant choose your property? Try to put yourself in your tenant’s shoes and think about some amenities that would make a difference.
5 Low-Cost Amenities to Make Your Home Stand Out
- Pet Policies: Many landlords assume pets are bad for property management. Arlington, TX, pet owners are usually willing to pay an extra pet deposit, and you may be able to charge higher rent than your no pet competitors.
- Washer and Dryer: Most single-family homes in the Fort Worth area have hook-ups for a washer and dryer. Investing a few hundred dollars in a set will make for a desirable upgrade.
- Off-Street Parking: Most tenants will not want to park their car on the street all the time. If your rental property doesn’t already have off-street parking, consider laying gravel or pouring a driveway.
- Online Portal: Your tenants can save time and reduce hassle if they can pay rent and submit maintenance tickets from the comfort of their home. A good Arlington property management company like Specialized Property Management has this option for all properties they manage.
- Updated Fixtures: Take a look around your home. Are all the fixtures up to date? Changing light fixtures or faucets can make a huge difference in the way a home feels, without having to spend a lot of money renovating.
Property Management Arlington TX Is Easy With Happy Tenants
The easiest way to reduce turnover, vacancies, and evictions is to make sure your tenants are happy. Keep your property well maintained and up to code, and you’re off to a good start. Giving your tenants desirable amenities means they are more likely to stay when the lease ends. You can make things even easier for yourself, and your tenants, when you hire experienced professional Arlington property management. Specialized Property Management has the years of expertise you need to keep costs down and tenants happy. For a free consultation call Specialized Property management today!
When you’re in the market to buy a rental home, should you buy one in a neighborhood with a Homeowners Association, or HOA? Property management can be easier, or harder, depending on the HOA rules. Your Arlington property managers at Specialized Property Management can help you pinpoint the right neighborhood to buy a rental home, but while you’re looking around, keep these tips in mind.
HOAs: Why Arlington Property Managers Love Them!
There are some great things about HOAs! The quality of life in an HOA neighborhood is very desirable for some tenants because of the amenities and the general feel of the neighborhood. Your HOA fee typically goes toward keeping the neighborhood looking nice and paying for amenities such as a community pool. These quality-of-life upgrades can be attractive, especially for tenants looking for a single-family home in a nice neighborhood.
HOAs: Why Your Arlington Property Management Might Say Think Twice!
While many HOAs make life more pleasant for residents, they can also make things difficult for rental property owners. Oftentimes an HOA will have rules and bylaws that come with fines if broken. This means you will need to stay on top of things at your rental home and communicate these rules to your tenants, so they don’t unknowingly incur a fine. Go over all the HOA rules, and plan on talking to current residents to find out their experience with the HOA to learn more.
Talk to Your Arlington Property Management for Help
With almost 30 years in the rental property business, Specialized Property Management has worked with many HOAs in and around Arlington. Property managers on our team can help you find out more about the HOA rules of a rental house you are considering. If you are starting out in the rental property business, or already have multiple homes, call Specialized to hear about all our Arlington property management services!
Repairing, replacing, and cleaning the carpet in your rental home can be a major expense if you aren’t proactive about how you install and care for it. Arlington property management company Specialized recommends taking these steps when choosing and caring for the carpet so you can make a good investment.
Arlington Property Managers Carpet Recommendations
When choosing a carpet for your rental home think about these points:
- Type: choose a type known for durability. The fibers and density should be your main considerations. Look for stain resistant, dense fibers to keep the carpet looking good even when tenants don’t care for it like they should.
- Color: it goes without saying that white carpet is a bad choice. Go for darker shades to hide dirt and stains.
- Stain treatment: some carpet suppliers offer additional stain treatments. These can be a good investment to prolong the life of your carpet.
- Installation basics: keep carpet away from the entryway, kitchen, and bathrooms as these areas attract the most dirt and moisture that can ruin carpets.
Regular Carpet Cleaning and Care
To make sure the carpet stays looking its best when you have tenants in your home, Arlington property managers recommend these cleaning basics.
- Vacuum regularly: it may be a wise investment to supply your tenant with a vacuum cleaner. At around $100, it is a low-cost investment in keeping your carpet clean on a regular basis.
- Pay for professional cleaning: a yearly deep clean of your carpet is a good idea. Schedule a yearly cleaning and remind tenants in advance of this regular maintenance task.
- Limit pets: consider limiting the type or number of pets you allow in your rental home. Pets can damage the carpets or cause them to have an odor. Alternatively, you can charge your tenant a “pet fee” to offset the cost of cleaning or replacing the carpets.
With a little bit of thinking ahead you can keep the carpets in your rental home looking nice. Your Arlington property management company, Specialized, is here to help you with any questions or concerns about the flooring in your home. Give us a call today to hear about all the services we offer!
One of the wisest decisions you can make as a landlord is if and when you need to do repairs. Maintenance, whether regular or emergency, can be a big cost and eat into your profits. But many times ignoring needed maintenance or skimping on it will lead to even bigger costs down the road. Your Specialized Arlington property management company has these tips for landlords who are looking at maintenance issues.
Your Job as a Landlord
Your most important job as a landlord is to keep your tenants happy. Happy tenants means less turnover and a better return on your investment. Ignoring much needed maintenance signals to your tenants that you don’t care about them or your property. Here are a few tips to help you with these relationships as they relate to maintenance.
- Respond quickly and respectfully to your tenants maintenance requests.
- Do not let tenants take care of maintenance on their own. This can lead to issues of liability as well as quality. Develop relationships with vendors so you always have someone you trust to perform needed maintenance.
- Make sure you are in compliance with all regulations to insure the health and safety of your tenants.
- Maintain a regular schedule of inspections and proactive maintenance, which will save you money on costly repairs due to neglect. Your Arlington property management company can help you create and stay on a schedule and communicate the schedule to your tenants.
Be The Landlord You Would Want!
Think about your rental from your tenants perspective. This is the house they call home. Shouldn’t it be taken care of? Maintenance can be expensive and time-consuming, but it is one of the biggest factors when tenants are deciding to stay or leave at the end of their lease. Was the landlord responsive to their needs? Are the systems and appliances in dire need of repair? Turnover and vacancies will cost you much more than fixing that broken pipe. If you need help with proactive maintenance, tenant interactions, or anything else with your investment property call the industry leading Arlington property managers, Specialized!
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