While managing your own rental property may seem like a cost-saving idea, consider the big picture of what you’re undertaking before you commit.
Property owners will tell you there are many reasons they choose to list their properties with property management firms in Texas. Here are some of the most valued benefits that Cousin James Management provides to their property owners:
Quality Tenants Who Stay
It’s not only about finding the right tenants, but finding the right quality tenants who will stay awhile. Tenant screening is the best way to ensure this. We have a reliably proven and verified screening process that helps property owners find tenants who will:
- Rent long-term
- Make timely rent payments
- Care for the property responsibly
- Be less troublesome
Choosing property management in Texas that has been in business for more than 20 years, serving the Dallas / Ft. Worth and North Texas area, ensures that you’re getting a professional team that has seen hundreds of tenant applications. They know what to look for and how to identify any red flags.
Less Legal / Financial Costs
If you’ve managed tenants before, you know that all it takes is one bad one to cause a lot of grief and cost. There are both state and federal laws for dealing with tenants and your property manager will know what those are.
- Screening tenants
- Property conditions and safety
- Tenant evictions
- Unit inspections
- Signing and terminating leases
- Collecting and handling rent and security deposits
The cost of dealing with a lawsuit or legal issue far outweighs the fees that most property managers charge, so the chance to avoid a legal headache is worth the investment in the long-run.
Less Vacancy Means Better ROI
One of the biggest benefits of hiring an experienced property manager is their ability to help you list your property and find the right tenant faster. Cousin James Management will:
Prepare your property for rent – We have a database of specialized contractors who know how to fix anything.
Determine the optimal rent rate – It’s crucial to determine the right rental price and that means knowing the local real estate market and characteristics of the neighborhood.
Market your property effectively – Through the many years of providing expert property management in Texas, we know where and when to advertise to get qualified tenant candidates.
We know how to negotiate lower ad rates both online and offline. And because we have experience in how to manage calls from prospects, which ones to take on showings, and work with home rental companies and agencies, we have many advantages.
Rent Collection Made Easy
Managing the collection of rent and late fees is obviously a critical part of property management. And most people don’t like confrontation. A professional property manager puts a buffer between you and your tenants. If you let renters slide on rental payment it often creates more problems later.
If eviction becomes necessary, a professional property manager knows the law and will turn the situation into a manageable process. Not having to handle a potential eviction yourself is almost reason in itself to hire a property manager.
Lower Maintenance and Repair Costs
You will preserve the value of your investment and keep your tenants happier if you maintain the property they’re renting. Cousin James Management has contractors who are reliable and skilled, performing quality work at good pricing.
More Time to Enjoy Your Investment
Property owners who hire a team like our professionals at Cousin James have fewer things to worry about and enjoy more freedom, less stress, and more time to relax or pursue other investments.
There are countless reasons to hire a professional property management company like Cousin James Management. Take the time today to contact us and we will answer all of your questions about quality property management in Texas.