Many of the rental property owners we work with have never used the services of a professional Fort Worth property management company before. Or, they’ve had a bad experience in the past and they’re not sure what to expect with our team.
At Trend Property & Management, we are committed to providing high quality leasing, management, and maintenance services for you, your tenants, and your portfolio of properties, whether that’s one rental home or a hundred.
Here are some of the things you should expect from your Fort Worth property manager.
Professional Leasing and Tenant Placement
A Fort Worth property management company will find and place a qualified tenant for your rental property. Before successfully leasing your property, you can expect your management company to:
- Prepare your property for the rental market and make recommendations about small upgrades that may increase rental value.
- Accurately and competitively price the property according to the current market.
- Take high quality marketing photos.
- Strategically advertise the home online.
You should expect that your property manager will handle showings, follow up with prospective tenants, and take care of the application process. The screening process should comply with all state, federal, and local fair housing and anti-discrimination laws while still being rigorous and detailed.
After a tenant has been approved, your property managers take care of the security deposit and other move-in funds, go over the lease with your new tenants, and conduct the move-in inspection, and get the tenancy off to a good start.
Maintaining and Managing your Fort Worth Rental Home
With a qualified tenant in place, you can expect your property management company to take care of any day-to-day issues or logistics associated with your rental property. This includes collecting rent and enforcing the lease agreement. Your Fort Worth property manager will handle the entire tenant relationship, answering questions and responding to requests. You can expect responsive attention to maintenance and repair issues as well as a focus on preventative maintenance.
A reliable management company will have access to an affordable and effective team of vendors and contractors who are licensed, insured, and willing to stand behind their work. When a property manager is keeping a close eye on the functions of your home, you’ll have fewer surprises and less expensive repairs.
Essentially, your property manager will do whatever is required to protect your investment and help you earn more through a successful rental experience.
Rental Property Accounting and Bookkeeping
You can expect your Fort Worth property management company to invest in technology that improves communication and makes the management of your investment more efficient. All systems and processes should be transparent and consistent.
When it comes to accounting, you should expect detailed and accurate accounts and statements. Your property manager should always keep you informed on the income and expenses associated with your investment, and you should have all the forms and documentation you need at tax time.
Online portals are available through most property management companies in Fort Worth. You should be able to log onto your owner portal and see your statements as well as inspect documents such as leases, invoices, and inspection reports. With the right technology, your property management company will be able to collect and pay rent electronically and provide an easy and secure way to communicate.
These are simply the highlights of what you should expect when you hire a Fort Worth property management company. If you’d like more detailed information, please contact us at Trend Property & Management.