Renting Out Your Home In Killeen, TX: What To Expect

by Administrator 25. July 2016 07:13

Every landlord wants to get maximum profits out of his rental property. Killeen, being a military town in Texas, offers rewarding opportunities if you want to rent your home. As most people tend to stay only for a period of 3-5 years, they are likely to look for a rental property instead of buying. So, you need to plan out and take the right steps to make money out of your rental property in Killeen.

Below are some of the things that you can expect when renting out your home:

  • The time taken to rent out: If you have a big and expensive home, it will take more time to rent out. Not everyone can afford a luxurious home, so you may have to wait a little longer to get the right tenant. On the other hand, small homes with the basic amenities tend to be rented out much easily and quickly.
  • Best time to rent out: The perfect time to rent out your home in Killeen is when soldiers move in or out of the Fort Hood area. This is the best time to tap into the rental market and get the best tenants for your property. Get in touch with an experienced property management company in your area to know more details about the best time to rent out and prevalent rental rates.
  • The best areas to own a rental property: The rent prices may vary according to the location of your home in Killeen. As a landlord, you need to look for owing a property in one of the prominent and most sought-after localities. Some of the areas have seen a lot of commercialization in the recent past that has led to an increase in the number of rental properties. However, this also increases competition and eventually brings down the rent.
  • Determining the correct rent amount: Experienced property managers can assist you in determining the correct rental price for your property. They can tell you about the current rent trends in the market, find and screen suitable tenants as well as get all the requisite maintenance work done to make your property look attractive.
  • Make note of additional charges: Before renting out your property and deciding on the rent amount, make sure you include additional charges such as property management fees and maintenance as well as repair charges that you will have to incur. Chalk out all the expenses to ensure you do fetch enough income to accommodate these costs while making profit at the same time.

We, at John Reider Properties, can help you rent out your home in Killeen, TX. For details about the services provided, you can call at (254) 699 – 8300.

Tags: ,

Rental Property Management In Harker Heights, TX

by Administrator 16. July 2016 15:01

Renting out a property brings along numerous rewards for the landlord. However, in order to capitalize on your investment, the landlord also needs to fulfill a lot of responsibilities to minimize vacancies and ensure consistent rental income. Choosing the right tenants, maintaining the rental property, handling finances, carrying out legal processes etc. may seem to be easy initially but can be quite difficult, specifically if you have other important accountabilities. These challenges often trigger hiring rental property management services. It can not only save a lot of time and money, but also maximize benefits from your investment property.

Listed below are the benefits of hiring property management services for your rental home in Harker Heights, TX:

Find Quality Tenants

As a landlord, it is important to ensure that you rent out your property to quality tenants who will pay their rent on time and keep your home in an optimal condition. Property managers have extensive experience in screening applicants so that you are able to find the most suitable tenant. They will carry out a thorough background check and verify their income, credit history, criminal background, past rental records as well as other important details to rule out any potential risks.

Well Maintained Property

Once you have rented your property, regular maintenance is essential to make sure that the tenants are not facing any problem. It also helps to preserve the value of your rental home. A property manager will conduct frequent inspections to identify any maintenance and repair issues as well as perform the task as soon as possible. They have a network of qualified and licensed contractors who can perform high quality repairs at the most reasonable price.

Tighter Rent Collection Process

When you hire a property management company, you can be assured of a consistent cash flow due to its stringent rent collection policies. The property managers are responsible for collecting rent from the tenants before the due date and depositing it to your bank account. If the tenants consistently fail pay the rent as stipulated in the lease agreement, the property manager has the authority to take the necessary steps to deal with the, including the issuance of eviction notice, if required.

Assistance With Legal Aspects

The property managers are updated with the landlord tenant laws in Harker Heights to make sure that you are fully compliant. Therefore, they know how to avoid the common problems that may arise due to errors in lease preparation, property inspections, eviction, rent collection etc. They will also let you know about the tax deductions you can claim on your rental income.

If you are looking for a property management company in Harker Heights, TX, consider John Reider Properties. For details about the services provided, you can call at (254) 699 – 8300 or visit 455 E. Central Texas Expwy, Suite 101, Harker Heights, TX 76548.

Tags: ,