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Meth Contamination Warning Signs from a Property Management Company, Fort Worth

Methamphetamine is commonly produced and used in every part of the country. Meth use, according to the CDC, causes thousands of deaths each year from overdose. If your home is being used to create meth, this could lead to serious legal issues for your tenants and costly clean up at the property.

Meth Contamination Red Flags

With a professional property management company, Fort Worth landlords will be alerted to meth contamination red flags and be able to view inspection reports and pictures from their property. Here are some things to look for if you are worried about your tenants engaging in this illegal activity.

    1. Empty chemical containers: to cook meth, producers need a large supply of a few household chemicals and medicine such as decongestants, iodine, sulfuric acid, hydrogen peroxide, paint thinner, lye, freon, phosphoric acid, acetone, and ammonia.
    2. Chemical smell: if you or any neighbors notice a strong chemical smell that could be a sign your tenant is cooking meth.
    3. Meth lab equipment: certain equipment is used to make meth. If you notice rubber hosing, glass containers, fuel canisters, propane tanks, pressurized cylinders, or respiratory masks you should investigate further.
    4. Security system, trash, and unusual activity: if your tenant seems to act strangely with no explanation, such as installing a security system without asking, creating a large amount of trash, or becoming especially active at night, these are also red flags.

What a Property Management Company, Fort Worth Landlords, and Neighbors Can Do

If you suspect your rental home, or your neighbor’s home, has become contaminated by meth, report it to the police immediately. Cooking meth contaminates an area so that it remains hazardous even after it is vacated and no longer used to cook. Only a trained professional should enter the property. Without proper training, an inexperienced person could do more harm than good by trying to assess the problem or clean it up themselves. As a landlord, you are required to pay for the cleanup and cannot rent out the home until it is given a clean bill of health from the government. To learn more about how a professional property management company can help, or set up a free rental consultation, call Specialized Property Management Fort Worth today.

Fort Worth Property Managers Answer When to Sell vs Rent

When you need to move out of your home, should you sell it or rent it out? Keeping your home as a rental investment can be a great long-term investment plan, but you shouldn’t do it without knowing what you’re getting into. With help from a good property management company, Fort Worth landlords can decide if they want to sell or rent.

Fort Worth Property Managers Say Rent for These Reasons

    1. Equity: if you do not have much equity in your home it might be a good idea to rent it out while you build that equity. This is especially true if home values in your neighborhood are rising.
    2. Rent values: often the rent money you bring in will more than cover your mortgage and other rental-related costs! Look around the neighborhood at what comparable properties are renting out for.
    3. Investment diversity: Your investment portfolio should be diverse, and owning a rental property is one way to diversify. Rental property can be an excellent long-term investment.

Tips From Your Property Management Company, Fort Worth Experts

Even though owning rental property is a great investment, you shouldn’t jump in thinking it will be easy. Being a landlord takes a lot of work, knowledge, and capital. Take these tips from Specialized Property Management into consideration:

    1. Know your local, state, and federal housing laws. Even some HOAs have rules about renting out your home. Make sure you know if any of these rules will hinder your ability to rent out your home.
    2. Make sure you have enough cash. Vacancy days and maintenance are the biggest costs to landlords. Make sure you have enough cash reserved to cover the time it might take to get a tenant in your home. Set aside money each month to cover periodic maintenance issues.
    3. Hire the best Fort Worth property managers. A good property management team will help you make a better return on your investment.

Specialized is the property management company Fort Worth landlords have trusted for almost 30 years because we know the ins and outs of property management. When you are trying to decide if you want to sell or rent out your home, let us help you. To hear more about our services call our office today!

How Fort Worth Property Managers can help you Avoid Leasing Delays and Extended Vacancies

Fort Worth property managers, property management company Fort Worth

One of the biggest drains on your cash flow can be leasing delays and extended vacancies. It goes without saying that not having tenants in your home means no rent check coming in. But what can you do to make sure vacancies are as short as possible? Here are some tips from Specialized Fort Worth.

  1. Rent Ready – We can help with the rent-ready process as your property management company. 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 dissuade many tenants from looking. However, pricing your home too low will cut your profits. 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. Your property managers suggest making it easy for tenants to schedule a viewing of the property 24/7.
  5. Screen Applicants – Rigorous applicant screening including credit, background, employment, and rental history will all help you avoid problem tenants and issues down the road.
  6. 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.

Keep Your Tenants Happy

We are the property management company Fort Worth landlords have trusted for almost 30 years because we know the most important piece to making your investment a success: keep your tenants happy! The number one reason tenants move out is poor service. Responding promptly and respectfully to tenant requests makes a huge difference when the time comes to renew.

Choose the Right Fort Worth Property Managers

The right Fort Worth property managers can make all the difference when it comes to shorter vacancies. Go with the industry leading property management company and let us help you get your property leased today. Call Specialized Fort Worth to learn more about our services!