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subject: 5 Advantages Of Finding A Right Residential Property Manager [print this page]


A competent Property Manager plays a significant role in adding value to your rental property. There are numerous rental property management firms in Houston and Dallas area that possess years of experience as well as expertise to help the real estate investors as well as tenants so that they can carry out residential transitions in a smooth and trouble-free procedure.

Choosing the right residential property is not only essential for real estate investors but it is equally essential for tenants to find out an ideal rental house. This article will focus on the advantages of hiring a property manager. A residential property manager makes rental process easier in the following ways:

1)Good Property Managers understand the laws surrounding leasing and landlord and tenant issues: Property management firms know the process of leasing and managing property. Owners may not be aware of law regarding security devices, smoke detectors, fair housing act, etc.

2)Good Property Management firms are licensed by the state of Texas: In the last legislative session, the act of collecting rent is defined as one that falls under the supervision of a licensed, Texas real estate broker.

3) Good Property Management Firms screen their tenants: Property managers seek to get the most qualified tenants for their rental unit because they will be dealing with the tenant related issues after they move in. A property manager makes the entire leasing process simpler as the owner does not have to take the burden of tenant screening for things like eviction, criminal background, or credit.

4) Good property management firms work to handle regular maintenance in a timely manner: Many real estate investors have other jobs or other family commitments and are unable to take a call on the weekends or after hours. A property management firm will have system to address these calls and work to resolve those emergency repairs in a timely manner.

5) Property manager remove need for owners to chase rent: Collecting monthly rent from tenants is one of the major problems for landlords as there are certain tenants who never pay their house rent on time. Hiring a qualified property manager eases that burden since the property management firm will utilize technology and processes to reduce the tenants ability to skip out on paying their rental obligation. Good property management firms will utilize online rental payment options, coupon books, or other processes to insure that the tenants have ways to meet their rental obligation. If they do not, then a management firm will either work to collect the unpaid rent or evict the tenant. Most owners do not have the time to deal with these issues, and this is a huge benefit to having a property management firm.

These are some of the ways by which Houston and Dallas property managers make rental process easier for the tenants as well as the property owners.

by: Jay R




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