Across Texas, rental vacancy rates remain well above the national average of 6.6%, so landlords need to be at the top of their game to succeed in the rental business.
One way to ensure you maximize your Dallas property is by enlisting expert local help with this complex and time-consuming task. Hiring a full-service property management company gives you access to a host of professional services to help you make the most of your rental properties.
Read on to discover how these property professionals can help you.
What Is Full-Service Property Management?
Being a landlord involves a range of vital tasks to ensure your rental properties retain their value and appeal while keeping your tenants happy. Staying up-to-date with these responsibilities can become burdensome and stressful for busy landlords with time restraints.
To help alleviate these negatives, you can hire a property manager to take care of some of these tasks. For instance, you can engage leasing-only services to assist you with negotiating leases and collecting rent.
Tenant screening services help you avoid placing bad tenants in your rental home with comprehensive background checks according to the Fair Credit Reporting Act.
As the name suggests, full-service property management includes every possible service to help landlords maximize their rental investments.
Services Included in Full-Service Property Management
There are no laws dictating what a property management company should include under the banner of full-service management, so the range of services may vary widely between companies. It's important to work with a company that offers the services you find most valuable.
These may include:
Property Marketing
Earning the best rental rate for your property and attracting numerous inquiries takes expert marketing skills. A property manager can help you compose appealing listings and advertise your home for rent on the best platforms.
Rent Collection
Overdue rent can seriously impact your rental business, but it can be awkward for landlords to keep asking residents to pay up. A property manager spares you the hassle of chasing overdue rent with strict collection policies.
They offer convenient payment methods via a tenant portal and follow up regularly with late payers.
Maintenance Coordination
Coordination is key to maintaining property in a safe and habitable condition. Property managers take care of all routine and preventive maintenance tasks to ensure your rental unit retains its value and appeals to tenants.
Accounting Services
Keeping track of your rental business finances is imperative for your success as a landlord. It's vital for strategic pricing, expense management, and tax calculations.
A property management service can assist you with accurate record-keeping and precise accounting.
Experience the Convenience of Expert Property Management Services
Hiring a property management service is the best way to make the most of your Dallas investment properties with full-service property management packages. These services include tenant background checks, property marketing, and rent collection.
Evernest Property Management Services oversees 16,000 properties across the south and midwest regions of Texas. We aspire to manage your property as if it were our own with our brand of full-service property management services.
Sign up for dedicated, expert service, and let us help you maximize your Texas properties.