Posts

Fort Worth Rental Property Management: How to Pick Flooring

Picking new flooring for your rental home isn’t easy. You need something durable and easy to clean, but with a price point that won’t break your budget. And don’t forget it has to look great so tenants will be more likely to rent your home! Here are some tips from the rental property management Fort Worth trusts for picking new rental home flooring.

Flooring Options

    • Carpet – Carpet is inexpensive; however, you will find yourself replacing carpet more often than other flooring options. In addition, you will need to make sure it is regularly, professionally cleaned. Carpet is a good option for places like bedrooms, but avoid high traffic areas if possible.
    • Tile – Tile is a popular choice and recommended by many individuals in rental property management. Fort Worth landlords like tile because it is low maintenance and durable. Re-grouting and sealing are needed periodically, and if a tile breaks you will need to replace it. Otherwise, tile can last a very long time!
    • Vinyl – Vinyl is one of the least expensive flooring materials. It is easy to install and maintain, as well as being durable, which your Fort Worth rental property management knows is important. However, some tenants are turned off by the look of vinyl flooring. If the floor is damaged, you will need to replace the whole surface instead of just a portion (like tile).
    • Wood – Wood flooring is beautiful and a desirable upgrade for most tenants. However, it can expand and contract with the seasons, so professional installation is a must. Refinishing the floor will need to be done periodically, and it is not the most durable choice. It tends to be expensive and harder to maintain, but if it increases your home’s value significantly it can be a good choice!

For Rental Property Management Fort Worth Landlords Trust, Call Specialized!

The Fort Worth rental property management experts at Specialized Property Management can help you decide what flooring is right for your rental home, and your budget. We have the experienced professionals and proven processes it takes to get you a better return on your investment. Give Specialized a call today to learn more about all our services!

Furnace Maintenance Reminder From Your Fort Worth Rental Property Management

With winter weather on the horizon you need to make sure the furnace in your rental home is in good working order. A properly cared for furnace will not only make your rental home comfortable, it will reduce your heating bill and lower your risk of a house fire. According to a report from the National Fire Protection Association, the failure to clean your home’s heating unit is the top contributing factor for house fires. (Source). For the sake of your tenants and your investment, it is worth it to spend a small amount of time cleaning and maintaining your rental home’s furnace.

Furnace Cleaning Checklist

  • Clean or replace your furnace filters at least once a month during the winter. This will not only help your furnace run efficiently and extend its life, it will lower your heating bill.
  • When you transition from air conditioning to heat, be sure to reset the furnace dampers.
  • Oil the bearings around the furnace blower shaft and motor.
  • Check around the unit for any corrosion, worn parts, or fraying belts. If any parts need replacement alert your rental property management. Fort Worth rental home furnace parts should be replaced by professionals.
  • For maximum efficiency and airflow be sure all vents are uncovered and seal any leaky air ducts.

When to hire a professional

Most furnace maintenance requires simply checking and cleaning around the unit, but occasionally you will need to hire a professional. If your furnace is experiencing chronic issues don’t hesitate to call your Fort Worth rental property management for help finding the right person for the job. The professional experienced property managers at Specialized are here to help you any time of day or night. An efficient home can be achieved with regular inspections and maintenance. Call Specialized to hear about all our services!

Protect Your Investment By Hiring Experienced Fort Worth Rental Property Management

Some landlords get into the investment property business because they see friends or neighbors making money. Others start because they couldn’t sell their house when they needed to move. The fact is, whatever way you started, the point is to make money from your business. Paying too much for necessary items such as regular maintenance, or unnecessary luxuries can hurt your bottom line. Unfortunately many landlords put hiring professional rental property management Fort Worth experts in the “unnecessary luxuries” category and their investment is put in jeopardy because of it.

How Professional Property Management Can Help

Think about your professional qualifications. Do you have years of experience in property management? Do you understand the property management cycle and complexities of the business? Do you have the certificates and qualifications some states require of property managers? The professionals at Specialized have all of these qualifications, with references and raving reviews to back us up (not to mention nationwide clientele). We can help protect your investment from the common pitfalls and mistakes that many landlords make.

Where Should Your Money Go?

Managing rental property yourself will cost you time, and time is money. You will need take time away from another job to deal with emergency maintenance calls, needy tenants, or simply keeping up with all the law and codes so you aren’t stuck with a costly violation. When hiring rental property management, Fort Worth landlords need to factor in all the time that is saved by hiring experienced professionals.

Fort Worth rental property management will save you money by avoiding costly mistakes and getting you a better return on your investment. Specialized has been in the business for almost 30 years so you can trust our experienced professionals and proven processes. Call us today to put us to work for you!

How Poor Rental Property Selection Affects Your Profits

rental property management Fort Worth, Fort Worth rental property management

Not all rental homes are created equal. Some are much easier to rent out than others, but how do you choose the right one? Which home will have the shortest vacancy time and bring in a wide variety of eligible applicants? Your rental property management Fort Worth office will have the expertise you need to buy in that specific market, but in the meantime here are a few general ways to pick out the best rental property.

Fort Worth rental property management recommends…

  1. Location, location, location! Where is your property located? Are there good schools, easy access to public transportation, and excellent local amenities? Would YOU want to live there? Safety and amenities are big issues for potential renters.
  2. Municipal regulations make a difference! Managing a property in an area that has heavy regulations can create a significant burden and may not be worth the cost. Check the local regulations before you buy so you know what you are getting into.
  3. HOA rules and fees can be surprising! Don’t be caught off guard by HOA regulations. Some associations even require input on your tenant selection, which could create a delay in renting out your home. Know the rules before you commit to an investment property.
  4. Local rental markets vary! Look for a neighborhood with low vacancy rates, high rent prices, and appreciating home values. Your Specialized Fort Worth rental property management team can help you pull all these statistics.
  5. Buy an attractive home! Stay away from weird layouts, busy streets, and older or smaller homes. Long term, single-family rental homes are easier to rent out if they have 3 or more bedrooms, are over 1000 sq. ft., and have fenced-in yards. Maintenance will be easier and cheaper if the home is less than 15 years old.

Specialized’s Rental Property Management: Fort Worth Experts in Property Selection

When you are ready to purchase an investment property make sure you consult the experts in property selection. With almost 30 years of experience Specialized has what it takes to make your investment a success. Call us today to learn about all the services we offer!

Fall Maintenance Reminders for Tenants

Specialized, your Fort Worth rental property management team, would like to remind you of some simple fall maintenance tasks you are responsible for as a tenant. These maintenance tasks will help prepare your home for colder weather, as well as keep it in good condition.

TENANT MAINTENANCE RESPONSIBILITIES

  • Check For Safety Hazards
    To prevent accidents, you need to check your home for safety hazards. Loose hand railing or lifting carpet corners are good examples of what to look for. Check your outlets for potential electrical hazards. Make sure your fire extinguishers, smoke alarms, and carbon monoxide alarms are in good working order. Locate all gas and water shut-off switches and review your emergency procedures.
  • Replace or Clean Filters
    Replace or clean your air conditioning system filters. Vacuum all air vents and under appliances to be sure dust doesn’t accumulate. Be sure you change your furnace filter once a month during the winter months.
  • Doors And Windows
    Check that each door and window in your home opens easily and shuts tightly. Your home should be properly sealed in the winter months. Use a lubricant on the hinges, if necessary. If you see a safety issue with your doors or hinges, don’t hesitate to call your rental property management Fort Worth team.
  • Thoroughly Clean Your Home
    Complete cleaning tasks you may not do every day. This can include shampooing the carpets and rugs, cleaning sink drains, and running water through drains that don’t get much use. To clean your disposal run ice through it with a bit of baking soda, then run hot water down the drain. These aren’t everyday cleaning tasks, so they are easy to overlook.
  • Outside Your Home
    Tidy up outside your home and get rid of any debris. This will prepare your home for the cold weather to come. Store any outdoor items that should not be left outside in freezing temperatures.

FORT WORTH RENTAL PROPERTY MANAGEMENT FOR TENANTS

Specialized is your expert Fort Worth rental property management team. We want you to know we are available for you at any time of the day or night. If you come across any issues with your home, don’t hesitate to let us know. As always, you can submit a maintenance ticket online. If you would like to know more about our services, give us a call today.