Features Of A Good Rental Home

by Administrator 28. April 2017 08:09

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Benefits Of Property Management

by Administrator 17. April 2017 14:23

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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.

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The Home Renting Process

by Administrator 28. March 2017 05:11

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Checklist For Landlords

by Administrator 21. March 2017 14:10

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Tips To Attract More Tenants To Your Rental Home

by Administrator 15. March 2017 13:54

Every landlord wants to attract and retain a tenant who is reliable and pays his rent on time every month. However, attracting more tenants to your rental home requires prior preparation and continuous hard work. You should be able to represent your property in the best possible manner. This will help to attract maximum tenants to your property and you can choose the perfect one.

Listed below are certain tips that can help you attract more tenants to your rental home:

  • Work on the listings: Online listings are a great way to attract high-quality tenants. However, you need to work on providing a detailed and attractive listing of your property. Write a striking introductory phrase about your property and do not forget to attach impressive photographs of your rental home. Nowadays, you can even put up a video tour of your property to give the potential tenants a first-hand look at your rental home without actually visiting it.
  • Plan individual property showings: Although scheduling an open house might seem to be a good way to market your property, it is best to opt for individual showings. This will help you in getting the most interested potential tenants. Individual meetings will also help you to know the prospective tenants better. You can ask the relevant questions and also notice any inconsistencies in individual showings.
  • Complete all the paperwork beforehand: You should be prepared well in advance to show the requisite paperwork to your tenants at the time of property viewing. Get copies of the tenant application form, background, credit check reports and the lease forms. You should be able to answer all the queries of your potential tenants and address their doubts as well as concerns regarding the paperwork there and then itself.
  • Be aware of your neighborhood: Quality tenants are always on the lookout for landlords who are well-informed. You should have complete details about the neighborhood so that you know what all amenities are available in your area. For instance, your potential tenants may have children or pets and would want to know if there are parks and schools nearby. Therefore, stay up-to-date with the local amenities to be able to talk intelligently with your probable renters.
  • Be clear about the tenant criteria: Tenants will expect you to be clear about what you want in your renter. So, be prepared to answer questions on pet policies, financial status and smoking rules etc. Think about all the tenant criteria beforehand along with the restrictions and have them in writing. This will also help you protect from the allegations of discriminating certain tenants.

We, at John Reider Properties can help you find the best tenant for your Killeen, TX based property. Our real estate agents will perform thorough tenant screening to help you get a reliable and responsible tenant. For more information, you can call us at (254) 699 – 8300.

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Styling Your Rental Home

by Administrator 28. February 2017 12:45

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Tips To Find The Right Single Family Home

by Administrator 24. February 2017 01:46

Finding a perfect home requires a lot of exploration and prior planning. Before you start the home hunting process, you must understand your needs and expectations. This will allow you to narrow down your search and eliminate the unnecessary options.

To make the home searching process easier for you, we have mentioned some tips below-

  • Research Thoroughly – This is the most important factor to be considered while looking for  rental home. Depending upon the type of house you want, you must browse the internet, look out in the pamphlets and search the newspapers meticulously. This will allow you to shortlist the most appropriate properties available for rent.
  • Keep An Eye On The Market – Another significant factor that affects the home searching process is the condition of the real estate market. In order to get the most affordable and profitable deals, you must be aware about the current property rates.
  • Request For Photographs – Whenever you shortlist a property, make sure to view its photographs. The websites that provide online listing of the properties often provide high quality images. In case you have selected a home after seeing an advertizement on a print media, you may contact the home owners to send you more pictures of the property.
  • Go For Property Viewings – After jotting down the properties you are interested in, you must start visiting them one by one. You may make a list and start ranking the homes based on the facilities they provide and the expectations they meet. This will help you decide the property that offers maximum benefits.
  • Prepare Documents – Once you agree to rent a property, you must always be ready with the documents. So that if you like a place, you can instantly complete all the formalities. The documents that you will need are –
  1. A document stating your financial credibility
  2. Identity proofs
  3. Personal Details
  • Read the lease attentively - Be careful while signing the lease agreement. Understand its terms and conditions and if there is something that you are skeptical about, make sure to inquire about it.
  • Take Help From Professionals – You can hire a property management company to find a perfect home for you. Their agents will assist you in searching the right home at a preferable location and will stand by your side during the house viewings as well. They will inspect the house thoroughly before renting it to you.

Whether you are looking for a single family home, apartment or a condo, contact John Reider Properties. We provide you complete assistance in finding a perfect home in Harker Heights, TX. For more details, call at (254) 699–8300 or visit us at 455 E. Central Texas Expwy, Suite 101, Harker Heights, TX, 76548.

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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.

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Tips To Get Maximum ROI From Your Rental Home

by Administrator 26. January 2017 19:54

When renting out a property in Killeen, TX, the ultimate goal of all landlords is to earn a significant and consistent profit from their investment. It is important that you use the right techniques to increase the demand for your rental home and live up to the expectations of the tenants.

Given below are some tips that can help you to get maximum returns from your rental home in Killeen:

Rent A Furnished Home

Renting a furnished home can be your best step towards securing a higher rent from the tenants. A lot of people, particularly students, short term renters and those who have recently moved to the city, look for furnished properties that are ready to move in. Having quality beds, sofas, dining room furniture, lighting, bathroom fittings etc. can seem to be appealing for the potential tenants. While furnishing the property, make sure you choose a modern and minimalist decor instead of going by your personal choices. This will make the property attractive to a broader pool of tenants.

Provide Some Additional Amenities

Besides the basic furniture and furnishings,you can even consider providing some additional amenities in your rental home. These may include electrical appliances such as refrigerator, cooking range, microwave, washer, dryer etc. If you have a patio or lawn, you can furnish these areas as well to create a comfortable seating area for the tenants or a place to host outdoor parties. Spacious wardrobes, cabinets, kitchen shelves, fenced yard, garage, security systems etc. are some other amenities that can increase the value of your rental home.

Invest In Home Improvement

Before showing your property to the potential tenants, it is advisable to invest in the necessary maintenance and repair tasks. Replace the rusty door knobs and handles as well as burnt out light bulbs. Mow the lawn, remove weed, trim overgrown bushes, clean the driveway and plant blossoming flowers to give an inviting look to the property. Look for any issues in the roof, basement and attic area as they may lead to major problems in the long run. You can also consider repainting the house if required. However, ensure that you invest in only those improvement tasks that can potentially increase the rental value of the home.

Install Energy Efficient Fixtures

You should focus on making your rental property energy efficient. Install advanced electrical fixtures and appliances that consume less electricity and help to reduce your utility bills. You can even invest in solar panels to further save on energy consumption. Making this initial investment will indirectly help you to retain tenants for a longer time and avoid the expenses of advertizing the property as well as finding new occupants again.

Allow Pets In Your Rental Home

Considering the shortage of pet friendly rental homes in Killeen, TX, it is a wise idea to allow tenants to bring their furry companions along. Renting to pet owners may decrease vacancy cycles as they are likely to stay for a longer period to avoid the hassles of moving and searching for another pet-friendly home. They may even be willing to pay a higher rent in return for a comfortable abode for their pet. If you are concerned about the damage that it may cause to your property, you can charge a security deposit and set guidelines about the type/number of pets allowed.

Increase Rent Strategically

Although setting a rent higher than the average market price may lower the demand for your home, keeping it the same for years can affect your revenue. You must follow a strategic approach so that you do not overcharge from the tenants and maximize your profit at the same time. The terms and conditions should be mentioned in the lease agreement, clarifying the time period and percentage with which the rent will be increased.

We, at John Reider Properties, can help you to get the maximum returns from your rental home in Killeen, TX. Our agents will guide you on the most effective strategies to set your property apart from the rest. For more information, you can call us at (254) 699 - 8300.

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