With the rising demand in rental market, Fort Worth property managers can expect higher rent rates for this coming year. Visit our website to know more.

Fall Maintenance Tips for Fort Worth Property Managers

property management in Fort Worth

 

September 2016, Fort Worth, TX:  When the summer fun is winding down, Fort Worth property managers are already getting their rental units prepped for the coming colder weather. Fort Worth tenants seamlessly transition from one season to the next without discomfort thanks to proactive property management. Stefanie Mendoza, operations director at Specialized, reminds us that “seasonal inspections keep landlords on top of any maintenance needs their properties have both for changes in the weather and for regular maintenance.” Fort Worth’s leading Specialized team gives tips for fall maintenance inspections:

 

Safety Maintenance Needs

 

The safety and security of tenants should be a priority for Fort Worth property managers. Some suggested things to check when conducting a safety inspection can be:

  • Loose carpeting
  • Unstable stairs or railings
  • Hot electrical outlets
  • Working smoke detectors
  • Shut-off valves for gas and water

 

Seasonal Maintenance Needs

 

Regular seasonal inspections allow your property management in Fort Worth to take care of property needs that come with seasonal changes.

  • Make sure the home’s furnace is working properly and change filters before the temperature gets cold.
  • Clean out vents and air intake ducts.
  • Check landscape clean-up needs along with winterizing sprinkler systems and hoses.

 

Fall maintenance keeps rentals well maintained. “ Managers tend to put off preventative maintenance because it isn’t demanding immediate attention like an emergency repair does,” says Mendoza. But, making preventative maintenance a priority for property management in Fort Worth will save owners time and money in the long run.
Our Specialized team has over thirty years of management experience and conducts thorough property inspections for regular maintenance and seasonal property needs. Find out more information about our exceptional services at www.specializedrpm.com

DFW’S Largest PM Reminds Landlords to Review Tenant Rights

Fort Worth rental property management

 

Do you understand Tenant Rights and how it can apply to LGBT Communities

 

June 1, 2016, Fort Worth, TX— Specialized Real Property Management encourages landlords to review Texas state regulations and statutes to better understand tenant rights and to ensure they manage their rental units ethically. Fair and ethical housing practices have been a hot topic with concerns about immigration and terrorist threats. Now landlords need to also consider tenant rights in regards to the LGBT community.

 

Tenants have rights to basic housing needs being met by landlords. “Knowing the laws helps you avoid breaking the laws, especially in Fort Worth property management,” advises Stephanie Mendoza, Director of Operations at Specialized Real Property Management. Breaking rental laws means fines and penalties for landlords.

 

Landlords do have resources to go to for clarification and guidelines to understand what specific rights tenants have.

 

Texas Attorney General Office

https://texasattorneygeneral.gov/cpd/tenant-rights

 

According to the Texas state attorney general’s office, a tenant has a right to live in a safe and habitable dwelling. Heat, water, electricity, locks on windows and doors are required and should be in working order in a tenant’s rented residence. Tenants have a right to:

Peace and Quiet

Health and Safety

Security

 

Fair Housing Rules

http://www.twc.state.tx.us/partners/housing-discrimination

Property managers in Fort Worth, TX are also required to understand and follow Fair Housing rules to avoid discriminatory management practices. “We live in a changing world, and landlords need to stay current on any Fair Housing rule changes,” said Mendoza. “Texas currently doesn’t have specific laws in regard to fair housing and the LGBT community, but that could always change.” Current regulations certainly apply to all groups of people and should be carefully followed.

 

About Specialized Real Property Management

Specialized Real Property Management is the leading Fort Worth rental property management company offering personalized management services to thousands of satisfied clients. With over 20 years of local expertise, they can provide the solutions for your management needs. For more information, visit (www.specializedrpm.com)

Largest Fort Worth Property Management Company Looks at the Latest Housing Trends

property managers in Fort Worth

 

May 1, 2016,  Dallas, TX—Property managers in Fort Worth, TX, are watching the current housing trends in the Dallas-Fort Worth area as the housing supply is showing less than the current demand. People wanting to buy homes are finding that houses on the market are going for more money than the listed price and multiple contract offers are on the table at once. Housing prices are on a steady rise as land and construction costs have had sharp increases.

 

“The growing Texas economy has made it difficult for homebuyers this year,” said Stefanie Mendoza, Director of Operations at Specialized RPM. “As new residents come into the area with new jobs, they need housing. Moderately priced homes are not easy to find, and sell quickly. Area residents can look to single family rental units as a housing option.”

 

Property investors offering single family rental houses to residents may see fewer vacancy days as more potential tenants look for comfortable homes during the upcoming busy real estate season. With interest rates staying low for now, this could also be a good time to look at purchasing investment property. Housing prices are predicted to continue to rise. Prices of Dallas/Fort Worth area homes have increased 8.7 percent from 2014 prices, according to a Standard & Poor’s/Case Shiller Home Price Index. Getting into the market before more increases can be a good option for some.

 

The expert property managers at Specialized RPM can help investment property owners be successful in their investment if they choose to add to their property portfolios. “At Specialized, our goal is that property owners make the most from their investment and that tenants feel at home in their neighborhoods, in any housing market,” said Mendoza.

 

About Specialized RPM

Specialized RPM offers 25 years of experience as the leading property managers in Fort Worth, TX, and provides high level real estate investment property management strategies to thousands of clients. For more information visit (www.specializedrpm.com)

Property Management in Fort Worth, TX Looks to Higher Rent Rates in 2016

Fort Worth Property Managers

 

April 1, 2016 Fort Worth, TX,– Specialized Real Property Management is looking at 2016 as a hot year for the rental market. With 11,000 people moving to North Texas every month, the supply for rental units cannot always keep up with the demand. With this rising demand, Fort Worth property managers can expect higher rent rates for this coming year.

 

“The rental market is really hot right now,” said Russell Berry, President of the MetroTex Association of Realtors. “Month after month, the places that do have rentals, the prices have been skyrocketing.” A rising demand for rental housing gives Fort Worth property managers the opportunity to fill rental properties quickly and ask higher rent rates. Here are a few ideas for property management in Fort Worth, TX that will help shorten vacancy days for your rental property.

 

  1. Make sure your property is rent ready, and has curb appeal
  2. Aggressively advertise your property
  3. Paint and remodel before showing property
  4. Finish all repair projects and clean up messes before showing the property
  5. Ensure all safety detectors are in good working order

Specialized RPM is the expert in property management in Fort Worth, TX. They provide all management services for single family rental units and small multiplex units. “With a booming rental market in Fort Worth, Specialized will make sure your rental property investment is professionally managed, and is a profitable venture for the rental property investor,” said Mike Jeppson, Specialized RPM Chief Operating Officer.  For more information about rental property management from the industry leader, contact Specialized RPM. Find more information at (www.specializedrpm.com).

Top Property Management Company in Fort Worth, TX Gives Spring Maintenance Tips

Fort Worth property managers

 

April 1, 2016, Fort Worth TX– Specialized Real Property Management gives Fort Worth property managers spring maintenance ideas. These tips help managers keep properties in compliance with rental codes, and helps landlords maintain the value of their properties.

 

According to Mike Jeppson, Specialized RPM Chief Operating Officer, “Regular inspections of rental property are an important part of keeping properties safe for tenants. Needed repairs can be proactively taken care of and routine maintenance can prevent future problems.”  

The company suggests Fort Worth property managers follow these guidelines when conducting their Spring inspections:

 

–Heating and Cooling Equipment Checks

Make sure that air conditioning systems are ready for the coming warm weather. Filters need to be replaced, ventilation systems checked, and any build up on fans and forced airways cleaned out.

 

–Seasonally Scheduled Property Inspection

Completely inspecting the inside and outside of the property lets you see what repairs are needed. Smoke and other detectors should have fresh batteries installed.

 

–Landscape Maintenance

Pruning trees and shrubs along with seasonal lawn care will keep the curb appearance of the property.

 

“Many of our clients aren’t able to keep up with all the details of managing their property,” says Jeppson. “Specialized RPM offers full service property management in Fort Worth, TX and keeps the little details from hurting your cashflow.” Taking care of all the details involved in the rental process with seasonal inspections allows for a better renting experience for both landlord and tenant.

Specialized RPM offers expert property management in Fort Worth, TX that covers all leasing services, including advertising, leasing, maintenance, rent collect. For a comprehensive list of all services offered visit (www.specializedrpm.com). With their proven process, vacancy days are shortened and your property is a profitable investment.

ARLINGTON, TX REAL ESTATE MARKET SHOWING STEADY GROWTH

ARLINGTON, TX REAL ESTATE MARKET SHOWING STEADY GROWTH

All regions of the city, except one, showing regular growth in home prices

 

ARLINGTON, TX – Boasting one of the safest areas in the state, Arlington is showing steady growth in home prices over the last several months. Additionally, as prices are starting to rise, there is solid inventory growth within the Arlington market showing that even though prices are going up slightly, demand is still high and steadily growing. As the Dallas market continues to thrive, Arlington and the surrounding areas are enjoying the benefits of that market growth and will continue to see benefit as the influence from the Dallas market expands.

 

“Arlington is one of those places that offers a tremendous quality of life, good schools and reasonable home prices,” says Jennifer Shearer, President of Specialized Property Management. “What that means is that for those on a more modest budget, or even just want to find a property to rent out, Arlington provides a great solution. Even better, Arlington gets much of the benefit of Dallas without all of the big city hassle.”

 

In addition to inventory and value increasing, real estate investors are seeing a healthy return on their investments when they buy property in Arlington. With low barrier to entry and the potential to ride a long wave of continued growth, Arlington is a perfect place for real estate investors to purchase property. Better still, for novice investors, it’s a great place to get started. Just don’t go it alone, says Shearer.

 

“One of the things we see with a lot of new investors is that they think they don’t need a property management company. The reality is that if you want to get the most out of your investment and ensure that managing the property doesn’t take over your life, you need a good property management company in Arlington to guide you through the pitfalls and help when needed.”

 

Shearer also states that especially with existing homes, property management is crucial to ensure your home is up to standard. “When you buy a home to rent out that someone has already lived in, you need to make sure that everything is in order. Without that knowledge of what to do and when to do it, a lot of investors get trapped and then their investment doesn’t live up to it’s potential.”
However, Arlington property managers agree that now is as good a time as any to invest. “It’s definitely time to invest if you want to do it. With the way the market is and how it’s been growing, I see the potential here for lots of return over a long period of time. After all, Arlington is a great city. Who wouldn’t want to live here?”

FORT WORTH REAL ESTATE MARKET HOLDING STEADY

FORT WORTH REAL ESTATE MARKET HOLDING STEADY

After huge drop off in February, home values show steady growth

FT. WORTH, TX – Since March of this year, the real estate market in Fort Worth continues to see steady growth. Home values have continued to rise and September shows the highest levels of home values since January of this year. On the flip side, however, homes are listed longer in Fort Worth—almost 14% longer than they have been over previous months suggesting that while home values are growing, there is less demand in the market for real estate.

 

“There are a lot of factors that could contribute to that,” says Melissa Shearer, President of Specialized Property Management in Forth Worth. “We look at a lot of different factors that could signal a bit more stagnant demand and right now, we don’t see anything that says demand will outstrip inventory over the next six months. If anything, demand should increase as inventory gets smaller.”

 

In addition to the slow, but steady growth in home values, Fort Worth continues to be significantly cheaper, overall, than nearby Dallas and other communities. Even with the big city feel and the growing market, savvy home buyers and rental property owners are snatching up houses left and right to make the most out of this current market.

 

“For real estate investors especially, even if you’re new to the game, now is an excellent time to purchase a rental property,” said Shearer. “We strongly encourage those that are buying a rental to rent out have a property management company in Fort Worth handle the day-to-day. It saves time, money and best of all, headaches. Not to mention you’ll get the most out of your property in the long run.”
Real estate in Fort Worth continues to be a good investment for buyers and investors alike. There is inventory, it’s relatively inexpensive and the potential return is high and climbing.