Property Management

12 Reasons to Hire a Property Manager

1. Local Knowledge of Rental Rates: Licensed Realtor provides you with in-depth knowledge of the neighborhood values.

2. Lower Eviction Rate: Statistics show properties managed by a property manager are less likely to end in eviction.

3. Tenant Screening: Thorough renter pre-screening as well as credit report, background check, verification of employment and rental history.

4. Property law and Regulations: Up-to-date knowledge of property laws and regulations, making sure your property is in compliance with the Texas Property Code and any other regulations.

5. Standardized Lease Agreement: Professional Association Forms from the Texas Association of Realtors.

6. Preferred Service Provider Relationships: Knowledge of local vendors, suppliers, and contractors who provide good quality work at reasonable prices.

7. Rent Collection: Sometimes collecting rent can be difficult or awkward- a property manager has policies in place to minimize such, making every effort to avoid late rent.

8. Inspection Reports: Routine property inspections may reveal faults that if found can be resolved quickly before they become more expensive.

9. Security Deposit Escrows: Manage your security deposit escrow funds and make sure you are in compliance with the Texas Property Code.

10. Financial Record Keeping: Provide monthly detailed income and expense reports. Deposit of monthly cash flow funds to your account by the 10th of each month.

11. Emergency Call Buffer: No more late night calls from a tenant, a property manager handles it.

12. Property Management Fees: This expense is usually tax deductible. Please consult your tax adviser for verification.

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