A Property Manager’s Guide to Spring Maintenance

Spring is in the air, which is a clear signal to all those in property management. Dallas property managers know that this time of year brings seasonal property maintenance to the top of their “to do” list. But, are you sure you are paying attention to all of the property’s needs? Check out our spring maintenance list to see if you have all your bases covered.

1.    Landscaping – All real estate agents understand the importance of curb appeal when buying and selling homes. This also goes for rental properties. After the long winter months, it’s a good idea to take the time to improve your lawn. This can be done by aerating, overseeding, and fertilizing lawns. Pruning overgrown trees and replacing any needed landscape plants adds to the property curb appeal.

2.    Property Inspection – Unlike a home inspection, a rental property inspection is more thorough and gives landlords and tenants an update on any needed repairs, leasing issues, and regular maintenance needs.

3.    Heating and Air Maintenance – One of the worst things that can happen during the warm summer months is for an A/C unit to go out. By performing regular maintenance on A/C units, replacing and cleaning the filters and airways, your client and tenant can rest assured that everything will be functioning when the heat wave hits.

Don’t let spring maintenance put a damper on your property management. Dallas, TX agents can get a jump on their seasonal tasks with the right spring checklist. For help with spring maintenance tasks, visit the leading Dallas property manager, Real Property Management at http://www.realpropertydfw.com/

The Importance of Rental Inspections in Property Management

Dallas property management companies know and understand the importance of rental inspections. But, do you know the difference between a home inspection and rental inspection?  Here is an inside look on inspections and what they are all about.

●     Unlike one time home sales inspections, rental inspections happen on a regular basis. They are also typically more thorough than a home sales inspection.

●     Scheduling rental inspections on a regular basis will keep your property in pristine condition. Not all inspections need to be scheduled. But, mixing up both formal and informal inspections allows you to stay on top of any maintenance needs your client's property may have.

●     When tenants are moving in and out it is a busy time for those in property management. Dallas tenants will appreciate your thoroughness; landlords will appreciate your commitment as you take the time to make sure move-out goes smoothly and that their property is ready for the next tenant.

The task of regular inspections is time consuming. However, if you make a detailed list and schedule inspections, you can more efficiently take care of your clients’ needs. To learn more about the detailed inspections performed by Real Property Management visit the leading property management company at http://www.realpropertydfw.com/

How to Have a Good Working Relationship with HOA’s

Fort Worth property management companies know the importance of working with Homeowner Associations and want to share this information to you! The job of a property manager never gets easy, but when HOA’s are involved, you are not only dealing with landlord and tenants but also with HOA community board members.  

Here are a few tips to make your relationships headache free when it comes to HOA’s.

1.    Read the fine print. Understanding the rules and regulations of the community and making sure your tenant abides by these rules will make for a happy community.

2.    Find the right tenants. Involving the homeowners association during the tenant screening process may be required. Know the guidelines for tenant screening in the community.

3.    Consider implementing leasing fees. The condition of the rental property will be a concern for the homeowners association, and they may impose additional fees. By working with the HOA, you can know what these fees are in advance and build them into your rent. 

Working with an HOA community presents a unique situation for property management companies. Dallas communities only want the best, so going in with an understanding of what an HOA expects will make for a smooth transition for your tenant and landlord. For more information on working with HOA’s, visit the leading Dallas property management company Real Property Management at http://www.realpropertydfw.com/

How Real Estate Agents Can Increase Their Revenue with Property Management

The only guarantee in the housing market is that property values can go up or down. As an agent, your clients trust your judgement and rely on your expertise as they evaluate their options in the market, and if buying or selling their home is the right choice. But, what if neither is a good choice? Maybe the right choice is investing in a rental option.

If your client is a great candidate for rental investing, you can help them understand the process, and what it will take for them to have a successful experience with property management. Dallas agents know for a client to be successful, partnering with a property management company is their best bet.

When referring your client to a property manager, they should expect a business that makes sure their property is maintained and managed 24/7. It should also be expected that a thorough tenant screening process is in place to find the right tenant in the shortest amount of time.  And lastly, a property management company needs to know and follow the letter of the law as it relates to the landlord and tenant.

Investing in rental properties not only means an income source for your client, but most DFW property management companies have lucrative referral programs for real estate agents. With these programs, not only is your client making money with fast tenant occupancies, but agents can receive a commission on referrals. For more advice on real estate investing, contact the Dallas-Fort Worth leader in property management, Real Property Management at http://www.realpropertydfw.com/