Benefits Of Property Management

by Administrator 17. April 2017 14:23

Tags: ,

Benefits Of Property Management For Tenants

by Administrator 17. April 2017 04:56

If you want to do away with the stress and nitty-gritty’s of renting a home, it will be beneficial to hire a property management company. Although this will incur some cost, but it will be very helpful in saving your time, money and mental stress, in case some exigency arises. Given below are some of the benefits of hiring a property management company for tenants.

  • 24X7 Services: Property managers are experts in providing emergency services related to unforeseen repair and maintenance issues in the house. For example, in case there is a short circuit in the house or blockage in drain pipes, they will be available round the clock to assist you.
  • Proficient Legal Advice: Renting a home will require you to complete a lot of documentation to fulfill the terms mentioned in the lease. A property manager will help you complete all the legal formalities without any hassle. Also, if any legal complications arise in the future or if there is a disagreement with the landlord, the professionals will suitably guide you to get through the situation comfortably.
  • Common Link Between Owner And Tenant: When you are living in a rental home, a lot of communication will take place between you and the landlord during the course of your tenancy. It can be related to the payment of rent or settling the utility bills. However, a busy schedule and unavailability of the landlord may cause inconvenience. This is where the property management company can help you. It acts as a common link of communication between you and landlord which saves your time and cost of visit to the landlord’s residence.
  • Reminder For Scheduled Tasks: The property management company takes care of all the tasks which you may forget due to your busy schedule. These can be paying the rent, taking care of lawn or getting timely renewal of renters insurance policies. The property management team not only reminds you about the pending tasks related to the rental property but also help in completing the related documentation work for the same.

If you are looking for reliable property management services in Harker Heights, TX, contact John Reider Properties. The property managers at our firm have extensive experience in helping tenants throughout the rental process. For more information, feel free to call us at (254) 699 – 8300.

Tags: ,

Benefits Of Using A Property Management Company

by Administrator 17. February 2017 12:04

Maintaining a rental home and showcasing it in the real estate market will not be difficult if you hire a property management company. Their expertise and innovative marketing methods will help you to find suitable tenants and keep your property in good shape. Opting for professional property management services also helps to organize your rental business.

Listed below are some advantages of hiring a property management company

  • Advance marketing techniques – Most of the prospective tenants opt for online listing services to search homes for rent. A property manager will help to advertize your property by enlisting it on their website and social media pages, as well as suggest you the most effective ways to stage your property. He will also guide you about the renovations that must be made and the ways to highlight the best features of your home, which will substantially raise the demand for the property.
  • Comprehensive tenant screening – It is imperative that the tenants residing in your house possess a good moral conduct, maintain the property and pay rent on time. A property manager will perform a thorough background check of prospective tenants before renting them the house.
  • Property viewings – You may not be available to provide a tour of your home to prospective tenants.  This is when property management services come in handy. The agents will schedule viewings as per the convenience of prospective tenants and also make sure the house is presented in the most efficient way.
  • Repair and maintenance – Property managers thoroughly inspect the property and handle all the issues that may be required. They work in close association with licensed contractors to make sure the repair work is done efficiently and on time. The property managers will also assist you in addressing maintenance issues that the tenants may face during the stay.
  • Higher tenant retention – A property manager will help in finding reliable tenants that will stay for a longer time period. The company will offer timely services and make changes in the lease agreement that will encourage tenants to stay for longer duration. This will not only shorten the vacancy cycle but will also avoid the property re-advertizing costs.
  • Rent collection – To save you from the daunting task of the rent collection, the property manager will do it for you in a strict and timely manner. The money will be deposited in your account on a specific date every month and you will be notified about all the transaction details. 
  • Additional benefits-
  1. Creation of a lease agreement – A property management company will create an effective lease agreement that offers maximum benefits and clearly states all the responsibilities of the tenants.
  2. Handling legal issues – Property managers will help you in handling the evictions and claim -filing.
  3. Decide the perfect rent – The firm will analyze the current market trends and set the best rental price for your property.
  4. Termination of contract – In case your tenants want to leave the property and break the contract, your property manager will take care of all the notices and documents required. He will make sure that the contract is properly terminated.
  5. Establish a professional relationship –   As an investor, with the help of your property manager you’ll be able to develop a professional relation with your tenants. This will allow you to not get emotionally attached with your tenants and run business smoothly. 
  6. Less stress and more free time - Since the property management company will take care of your property, you’ll be able to spend more time on other important chores.
  7. Updates about the legal issues – Your property management company will help you stay updated regarding any changes in your local or national real estate policies and regulations.

Choosing a property management company can be the best option if you want your property to stand out in the market and attract potential tenants. It will not only help you save a lot of time but will add significant value to your investment.

At John Reider Properties, we provide you complete assistance in renting and maintaining properties in Harker Heights, TX. For more details, call at (254) 699–8300.

Tags: ,

Do's And Don'ts Of Property Maintenance

by Administrator 27. December 2016 09:22

Property maintenance is necessary to keep the house in a good condition and helps to save the landlord’s time as well as money in the long run. Regular attention can make it easier to keep a track on the things that are out of order and allows you to take the required actions on time. Every tenant looks for a well-kept house and you can also enjoy a higher occupancy rate by having it upkeep. However, there are some Do’s and Don’ts of property maintenance that the landlord should know:

Do’s

Stage And Upgrade

A staged and well maintained property looks more presentable and the prospective tenant may rent it quickly. Keep the staging simple so that the tenants have enough room to make changes according to their needs. Upgrade the house with modern amenities by replacing the cabinet handles, installing new lamps and changing the faucets in kitchen as well as bathrooms.

Schedule Regular Repairs And Maintenance

Regular maintenance can get a better hold at the problems which can be taken care of instantly. A property maintenance company can be hired to take care of the repair work. The landlord is responsible to keep a check on roaches or pest infestations, leakages and cracks in the walls as well as flooring. If the safety standards are not up to date, the landlord can be asked to provide with new locks, smoke detectors etc.

Invest In The Curb Appeal

Investing in curb appeal plays an important role in attracting a large number of tenants. Most renters base their decision on the first impression they get from looking at the property. If the house looks attractive from the end of the street, more tenants will be drawn towards it. Make sure the exteriors are given equal attention like the interiors.

Take Advice From A Lawyer

A detailed lease agreement is a must to avoid any disputes in future. Take help from a lawyer who is up to date with the state laws to formulate a document that clearly states the issues that the landlord shall address. If the damages are beyond repair, the tenant may be liable to pay for them. You can also claim to keep a part or whole of the security deposit in case of heavy damages like broken windows or cracked floor.

Know Your Responsibilities

Every state has its own laws that define the landlord’s duties for maintaining his rental property. The property should have the basic provisions like heating/cooling system, water and electricity. If you plan to visit the rental home for repair and maintenance, you shall notify the tenant 24-hours prior to the scheduled visit. 

Don’ts

Do Not Delay The Repairs

If you delay the repair work, you may be piling up your expenses for the future. Small issues may turn into bigger problems if not dealt with for a long period of time and may also cast a negative impression on the tenants.

Do Not Let Your Tenant Do The Maintenance

The tenants may not be skilled enough to make a repair and they may end up getting hurt. You should make it a point that the residents inform you about even the smallest of problems so you can address the issue as soon as possible.

Do Not Look For Short Cuts

Temporary fixes do not last long and you may have to deal with a bigger repair later on. Thus the landlord should find a permanent solution for the issues. Use good quality materials and appliances in the house. If you realize that the refrigerator or dishwasher is old, you can replace it before it breaks down or cause inconvenience to your tenants.

Do Not Hide Anything From The Tenants

If you wish to develop a positive relationship with your renters from the start, try to maintain transparency. If the house needs some important repairs, inform the tenants before they move in. In case you do not want your tenants to bring in pets, smoke indoors or repaint the walls, you shall inform them before they sign on the lease agreement.

Do Not Forget To Get An Insurance

Insuring the property can save you from unexpected losses due to fire, theft or natural disasters. The amount of insurance may vary depending upon the size and location of your property. Installing safety measures such as smoke detectors and anti-theft alarms can reduce your insurance costs.

Go through the above mentioned do’s and don’ts before you start with property maintenance to avoid costly repairs.

Tags: ,

Landlord Tips for Managing Property

by Administrator 17. November 2016 14:38

As a landlord, you have certain responsibilities and duties towards your rental property. You not only need to prepare your home but also find trustable tenants. Collecting rent, advertizing and maintaining the property are other important tasks which should be done efficiently.

Let’s take a look at some tips which can help you to manage your property in a better way:

Prepare the property

When you are planning to rent out your property, it is important to first prepare it. The house should be clean and have all the necessary repairs done. Make sure all the appliances are working properly. You can consider furnishing the house in case you plan to rent out to students or young executives.

Advertize

Once you are done preparing and staging the house, you can advertize it through various online property listings. Make sure your advertizement contains important details such as rent, location, occupancy, amenities included and high quality pictures of your rental home. Remember to include your name, contact number and email address so that people can easily reach you. You can also schedule a meeting for the prospective tenants to visit your property.

Interview the tenants

Inquire about their employment, income, previous tenancy records, reason for moving in etc. You should also ask if they have any pets or wish to keep one in the future. This will help you decide if they are a suitable choice for your rental property. Clarify all your doubts and maintain complete transparency to ensure a smooth tenancy period.

Take the tour

During the property visit, walk along with the tenants and highlight the important features of the house. However, make sure you do not go overboard and allow the tenants to evaluate the house freely. If they point out any repairs required, ascertain them to get them done before the date of move-in.

Follow the legal procedures

The landlord should know about all the legal formalities that are required to complete the renting process. A clear lease agreement should be framed that states all the important terms and conditions to be followed by both the parties. It should also include name of the tenant, number of people moving in and their names, if they have pets or not, the duration of tenancy, amount of rent and security deposit.

Collect the rent

Rent collection is one of the most complex tasks for a landlord. He should be very clear with the date of rent deposit and the modes of payment available. In case the tenant repeatedly delays paying the rent or pays in fragments, the landlord has the legal right to take strict action. To avoid this, you can also provide the facility to pay the rent online. This can ensure timely payments by the tenant.

Inspect the house

You should conduct regular inspection to make sure the property is well taken care of.  (You can consider clicking photos of the property before renting it. This will helps to draw comparison during inspections. Make sure you follow the tenant privacy and inform them before dropping in at the property.

Stay updated

You should be updated with the market price and set the rent price accordingly. Charging a higher rent compared to the local rates can make you lose valuable tenants. In case you wish to increase the rent, make sure you go through the legislations and make changes accordingly.

Be available

A good landlord should be responsive to the calls and needs of the tenants. Make sure you address their maintenance and repair requests in a timely manner. You should have all the required contacts such as plumbers, electricians, roofers and other technicians to resolve the issues faced by the tenants.

Hire a property manager

In case you live far away from the rental home, own multiple properties or lack time and experiences of being a landlord, you can consider hiring a property manager. He can help you to save time and carry out all the required tasks with efficiency.

We, at John Reider Properties, offer comprehensive property management services in Harker Heights, TX. For more information, you can call (254) 699 – 8300 or visit 455 E. Central Texas Expwy Suite 101, Harker Heights, TX 76548.

Tags: ,

When Should A Landlord Hire A Property Management Company?

by Administrator 23. September 2016 11:46

Hiring a property management company in Harker Heights, TX can be a plus point for landlords in many ways. It can save a lot of your precious time by doing the marketing for your rental property, dealing with tenant issues, handling maintenance/repairs, inspecting the property, collecting rent etc. You can be relaxed that your property is in safe hands and will be managed without any hassles.

Listed below are some of the reasons why you should hire a property management company:

  • You have more than a single property: If you own multiple rental properties in Harker Heights, it is best to hire professional services to manage them all. There are various tasks such as tenant screening, property maintenance, repair work etc. that need to be taken care of on a regular basis. Managing multiple properties on your own can lead to confusion and difficulties. An experienced property manager can help you out in this regard.
  • You live far away from your rental property: If you reside away from Harker Heights, it may be difficult to manage the property on your own. For instance, your tenant may contact you regarding a maintenance issue, but you may not be able to drive far away to your rental property every time a problem arises. This is where a property management company can prove to be useful. The team will take all the responsibilities associated with your property and handle every aspect without bothering you.
  • You have limited time: In many instances, landlords are not able to devote requisite time to manage their rental home in Harker Heights. This is particularly true for landlords who have a different full-time job as well. A property management firm will search new properties for investment as well as recommend repair and renovation work in existing properties.
  • You don’t want to take the responsibility of any employee: In case you are managing your rental property on your own, there are chances that you may need to hire a resident manager. However, when you become an employer, you will have to manage a lot of issues that can become burdensome in the longer run. Therefore, it is better that you hire a property management company so that you do not have to deal with any unnecessary stress.

If you need the best property management services in Harker Heights, TX, feel free to contact John Reider Properties at (254) 699 – 8300.

Tags: ,

Guide To Preparing Your Harker Heights Home For Rent

by Administrator 13. September 2016 07:18

A vacant rental home in Harker Heights, TX can be a huge burden for landlords. It not only decreases the returns on investment, but also creates stress, particularly if it is the peak rental season.  Thus, before putting the ‘to let’ sign on your home, prepare it well to attract maximum potential tenants. You should leave no stone unturned to make your property beautiful, cozy and welcoming.

Below is a guide that may help you in setting up your Harker Heights home for rent:

  • Safety should be priority: Every tenant wants to feel safe in a rental property. Thus, you need to ensure that you install fire alarms, burglar alarms, smoke detectors and other security systems in your home. Add fire extinguishers in the kitchen as well as in the hallways on each floor.
  • Conduct home inspection: As soon as the home becomes vacant, conduct a thorough home inspection to note down the repairs required. There could be some defective electrical points or a leaky roof that need your attention. Check every nook and corner of your home including faucets, pipes, gutters, electrical appliances etc.
  • Clean all the spaces thoroughly: A clean house attracts maximum potential tenants. It is thus imperative to clean all the rooms, windows, doors, blinds, carpets etc. Get your carpet dry cleaned from professionals and apply a fresh coat of paint on the interior/exterior walls of your home to lend it a gleaming touch.
  • De-clutter: The furnishings and appliances provided in the rental home should be in top notch condition. It is also essential that you do not keep any unnecessary items in the property. Check if there are any unused or unwanted furnishings or appliances that can be discarded away. De-cluttering will make your home look more spacious.
  • Screen potential tenants: In order to eliminate any kind of risk in the future, you need to conduct a careful screening of potential tenants. Each probable tenant must be asked to fill out a rental application form providing information such as his name, occupation, employer details, eviction details, financial background etc. You should also ask for references along with the Social Security Number (SSN) in order to verify the information provided in the form.
  • Get the services of a property management company: A property management company can handle everything related to the rental property. The property managers specialize in providing tenant screening, conducting repairs, dealing with maintenance issues, addressing to tenant problems etc.

 We, at John Reider Properties, provide comprehensive property management services in Harker Heights. For more information, call us at (254) 699 – 8300.

Tags:

Tips To Keep Your Harker Heights Property Secure

by Administrator 20. August 2016 13:25

One of the biggest challenges that come along with renting a property is to ensure its security. Keeping your home’s structure and the tenants safe is not only ethically important but a legal liability for the landlords. Even if your rental home is not occupied, proper security measures can help to protect it against theft, fire and vandalism.

If you own a rental home in Harker Heights, TX, given below are some factors you should consider to keep your property secure:

Rent To The Right People

First and foremost, it is important that you find reliable and quality tenants for your property. You must be sure that the people whom you are handing over the keys to your rental home will not damage it in any way. Conduct thorough background checks, verify criminal records and screen every applicant meticulously before choosing any one.

Secure The Main Entrances

The main door of your rental home should be sturdy and made of high quality material, preferably, solid wood or metal. Deadbolt should be installed to prevent the thieves from breaking in to the home. Also, it is recommended to change the locks or get them rekeyed for every new tenancy, particularly if you have evicted a bad tenant in the past.

Provide Ample Lighting

You should install outdoor lighting to improve the security of your rental home during nighttime. Make sure the pathways, driveways, garage, main gate and any hideous area is well-lit. You can also install motion-sensor lights to deter the intruders from entering your home. Be prompt in replacing any burnt out lightbulbs or other fixtures. Outdoor lighting will not only help to secure your home, but also increase its rentability.

Trim Overgrown Bushes

Overgrown bushes and shrubs can turn to be potential hiding places for the burglars. Therefore, you should get them trimmed or renovated regularly. If your property is occupied, ask the tenants to keep the grass and bushes properly trimmed. All the windows and doors of your home should be clearly visible from the street.

Install Basic Security Features

You can consider installing some security features in your rental home, such as CCTV camera, smoke detector, fire sprinklers, theft alarm etc. swimming pools should be properly fenced, particularly if the tenants have small kids. Educate your tenants about the best safety practices to avoid any unfortunate accident in the home.

For more tips on increasing the security of your rental home in Harker Heights, contact John Reider Properties at (254) 699 – 8300 or visit 455 E. Central Texas Expwy, Suite 101, Harker Heights, TX 76548.

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: ,

Staging Your Home’s Exterior - Property Management, Harker Heights

by Administrator 14. May 2016 12:55

Staging your home’s exterior should be the first and foremost step when selling a home. It not only makes your home visually appealibg but also increase its value. Moreover, it helps to create a good first impression on the prospective buyers.

The following staging tips can help you sell your home faster:-

  • An inviting entryway: A beautiful lawn with green and blooming plants is the best view one can have. A fountain or a small pond with water lilies surrounded by foliage and rocks can be the centerpiece for a lawn. A clean and colorful garden with a tranquil fountain represents an enchanting scene which can attract a number of buyers.
  • Backyard’s fine dining: The back space of a house can be designed in a beautiful manner. A swing set can be an interesting choice for making the backyard’s environment more delightful and calm. A furnished patio for fine dining, pairs of electric lanterns hanging to light up the nights and tinkling wind chimes- all these decorations make a backyard really fascinating for a buyer.
  • The wall and decorations: The creepers and vines hugging the walls make your house look more alluring. The blooming flowers growing in earthen pots and a chair with a small coffee table can enhance the beauty as well as the utility of the balconies.
  • Main door beauty: The main gate is the first thing a buyer sees before the interior of a house. So it is important to make the main gate appealing. A beautiful handle for the door can be used to complement it. Painting the door in a color that also matches with the wall paint, can accentuate the look to a great extent.  
  • Lighting glow: The landscape of a house should be mesmerizing. Fairy lights scattered on small plants in your garden can look illuminating. The main door, accompanied with a pair of side lights, can be a gesture of warm welcome to the guests. If one owns a canopied house, then it’s the best idea to use lights smartly on the canopy too, as it will increase the radiance of the house.

These are a few sure shot tips that can be used to stage the home’s exterior. You may use one or all, as per your convenience.

For more staging tips to sell your home in Killeen, TX, feel free to contact John Reider Properties at (254) 699 – 8300.​

Tags: ,