Dallas-Ft. Worth Property Management Blog

New Construction Homes: What to Know Before Buying Off the Plan

In July 2022, it was reported that the average cost of new construction homes in the Dallas/Fort Worth area went over $500,000 for the first time. That's obviously a great deal of money. So, before going off and splurging tons of money on a new build, you need to do a bit of ...

The Power of Home Staging: Transforming Your Property for Sale

It takes about 10-25 showings on average before a homeowner can sell their house. What separates the lower end of the spectrum from the higher one? Home staging, of course!It helps you stand out in the real estate market and attract potential buyers.Home staging involves moving a...

How to Calculate a Rental Increase

Are your property ownership costs on the rise? As a Texas landlord, you likely already know that there are basically no rent increase laws in Texas.While this gives landlords in Dallas and Fort Worth plenty of freedom, it can also leave them without much guidance on how to calcul...

Rental Property Expenses: What's Deductible and Non-deductible?

In the U.S., 77% of people prefer to rent instead of purchasing a home, and about 74.4% of rental property is owned by individual investors, not corporations. Profits are substantial; rent prices increased by almost 50% between 2007 to 2017.A stringent rental property accounting ...

3 Steps For Managing Security Deposit Refunds

Having tenants in our rental properties can be great things when we go through the proper suggested tips to find the perfect fit, but just like in anything, there can be ups and downs. Sometimes we find ourselves in situations that are not ideal and we have to start askin...

Breaking the Lease

Most tenants sign a lease for a year at a time. This ensures that for that year, a steady income can be counted on and decisions for either finding new tenants or continuing a lease can be thought out and planned on. This helps landlords rest easy in tenant stability for ...

Four Things That Will Keep Your Renters Happy

A happy, responsible renter is like gold, and — as with any treasure — you donât want to lose it. If you want to enjoy long relationships with your tenants, follow these four tips for keeping them happy and ready to renew that lease. 1. No Surprises The best way ...

Getting Your Property Rent Ready

When renting out property, it’s important to make sure that you draw in as many good tenants as possible. There are many ways to do this, but one of the most effective ways is to make sure your property is absolutely ready to be sold. Spice things up, fix imperfections,...

Hiring A HOA Property Manager

Hiring a property manager is an easy decision for landlords who don’t want to worry about the day-to-day hassles of running a rental property. When it comes to Homeowners Associations (HOA), however, the decision isn’t so cut and dry. Typically, an HOA exists when a group of ...

How to Manage Security Deposits

Property managers should always require a refundable security deposit in residential property management properties. This deposit should be kept in a separate account for trust or escrow funds and will be returned to the tenant in part or in full once the tenant has moved...