Being a rental property owner is a great way to build wealth, but it entails hard work and time. Your real estate investments will almost always bring in a steady source of income if they are managed properly. If you own properties in Houston but live out of the state, or even the country, it can be difficult to manage everything. You’ll deal with a variety of issues ranging from after-hours emergencies, routine maintenance, and even at times, major repairs to the property. All of these property management tasks are more difficult when you’re not nearby, which is why so many rental property owners trust Specialized Property Management to manage their Houston properties.
You may think you might be able to handle the property management yourself instead of hiring professionals for the job, but there are some ways that we can help save you both time and money.
We Know The Law
Our experts at Specialized Property Management understand local and Texas state requirements, regulations, and codes including:
- State property code laws
- Local city ordinances
- Fair Housing Act & ADA
- Department of Real Estate
- Tenant screening regulations
- Real estate contract law on residential leases
- Trust and escrow laws on security deposits and monthly rental payments
- Tenant and landlord maintenance laws
- Collection and eviction laws
- Property inspection regulations
Regular Inspections
If you are not around to deal with what seem like minor issues, they can quickly turn into more costly and extensive repairs. Specialized Property Management helps out of area rental property owners conduct regular, routine property-care assessments to ensure your rental is well maintained. We have found, that with proper notice, tenants appreciate inspections and proactive maintenance that keeps their homes comfortable and in good working order.
Screen Prospective Tenants
As the leading property management in Houston, Specialized Property Management helps you save time and lost revenue down the road. Here are some of the ways we can find the most qualified tenant to lease your rental property:
- We require every tenant over the age of 18 to fill out an application.
- We ensure the combined income of tenants is at least three times the rent rate.
- We do NOT skip the credit check. We verify employment and income.
- We verify previous two years of rental history and ask about late payments or property damage caused by the prospective tenant.
- We perform a criminal background check to screen out individuals with addictions, history of theft, or sexual offenses.
- We collect references that include employers, colleagues, and other professional references, not simply friends and family.
Why Choose Specialized Property Management Houston?
Specialized Property Management has worked hard to raise the standards of the industry by living up to high ethical standards and providing quality service. With over thirty years of experience, we’ve created a reliable and effective model that helps investors get the best return on their investment. We have earned the trust of individuals, investors, and institutions in the Dallas/Houston Metroplex. At Specialized Property Management, we base our business practices on high standards and integrity.
If you are ready to get more from your investment properties, it’s time to call the trusted leader in Houston property management.
