Deciphering Online Reviews to Choose an Arlington Property Management Company

Often the first things people do when researching an Arlington property management company is look at online reviews. But how do you know the reviews are legitimate? How can you get a good picture of how the company operates and treats its clients from the internet? Which sites give an accurate portrayal of each Arlington residential property management company you search? Specialized RPM knows this is an issue for many new landlords who are searching for a reputable company to manage their rental home. That is why we put together this handy guide to understanding the online reviews.

How Property Management Differs From Other Industries

Property management is very different from most other industries. This is because landlords, property managers, and tenants are dealing with a basic human need: shelter. In addition, some tenants are not aware of the laws and rules property management must follow. Anger and frustration may result when they feel their need isn’t being met quickly enough due to one of these laws. Unfortunately, many tenants turn to the internet to write negative reviews with the hope that it will help get their need met more quickly. At Specialized RPM, we know it is important to meet these tenants needs in a timely manner, and help them set realistic expectations based on what is required of us.

Beware of Online Reviews

When you take into account how the property management industry affects you and your tenants emotionally, it is easy to see how and why some reviewers are passionate in their reviews. We want to caution you when you are reading these reviews to keep in mind that research shows customers are more likely to write a review after a bad experience than a good one. For this reason, turn to more reputable sites like the BBB for information about Arlington residential property management companies. Specialized RPM has been in the business for almost 30 years, and boasts a great rating with the BBB and satisfied clients who trust us year after year. To hear more about all our services give Specialized RPM a call today.

What Color Should You Paint Your Rental Home?

A question we are often asked as one of the leading Arlington rental property management companies is, “What color should I paint my rental home?” A color that is trendy today will be outdated tomorrow. Some colors may seem great to you, but will your tenants like them? Is it a color that can be easily touched up or cleaned if something happens to the wall? Specialized RPM wants you to feel confident with your color choice and we are here for you 24/7 should you have any questions about your rental.

Keep it Neutral

When choosing a color try to keep it neutral, not too dark or too light. You may love the look of a deep red “accent wall”, or a country blue kitchen, but it can turn away prospective tenants who don’t like those colors or styles. It is difficult for tenants to picture their stuff in the home if it is too personalized to your tastes when they first view it. Tan or off-white are great go-to colors to keep your home neutral yet inviting. Bright white may look nice and clean to you, but stark and clinical to your tenants. Look for tones that are warm and earthy to keep the space feeling welcoming.

Your property management, Arlington experts also suggest choosing a sheen that is durable and easy to clean for your tenants. This is especially true if the tenants have children or pets. You will need to repaint periodically, but picking the right sheen will help in between to keep the walls looking good.

How Arlington Rental Property Management Can Help

As the property management Arlington landlords turn to time and again for help with their properties we’ve learned a thing or two about what tenants are looking for. Making your home rent-ready is part of the equation to reducing vacancy days. From painting, to seasonal maintenance, to rent collection, Specialized RPM does it all. Give us a call today to hear about all our services!

How to Preserve the Life of the Carpet in Your Rental

Repairing, replacing, and cleaning the carpet in your rental home can be a major expense if you aren’t proactive about how you install and care for it. Arlington property management company Specialized RPM recommends taking these steps when choosing and caring for the carpet so you can make a good investment.

Arlington Property Managers Carpet Recommendations

When choosing a carpet for your rental home think about these points:

  1. Type: choose a type known for durability. The fibers and density should be your main considerations. Look for stain resistant, dense fibers to keep the carpet looking good even when tenants don’t care for it like they should.
  2. Color: it goes without saying that white carpet is a bad choice. Go for darker shades to hide dirt and stains.
  3. Stain treatment: some carpet suppliers offer additional stain treatments. These can be a good investment to prolong the life of your carpet.
  4. Installation basics: keep carpet away from the entryway, kitchen, and bathrooms as these areas attract the most dirt and moisture that can ruin carpets.

Regular Carpet Cleaning and Care

To make sure the carpet stays looking its best when you have tenants in your home, Arlington property managers recommend these cleaning basics.

  1. Vacuum regularly: it may be a wise investment to supply your tenant with a vacuum cleaner. At around $100, it is a low-cost investment in keeping your carpet clean on a regular basis.
  2. Pay for professional cleaning: a yearly deep clean of your carpet is a good idea. Schedule a yearly cleaning and remind tenants in advance of this regular maintenance task.
  3. Limit pets: consider limiting the type or number of pets you allow in your rental home. Pets can damage the carpets or cause them to have an odor. Alternatively, you can charge your tenant a “pet fee” to offset the cost of cleaning or replacing the carpets.

With a little bit of thinking ahead you can keep the carpets in your rental home looking nice. Your Arlington property management company, Specialized RPM, is here to help you with any questions or concerns about the flooring in your home. Give us a call today to hear about all the services we offer!

How Property Managers In Fort Worth Reduce Costly Mistakes

As one of the top Fort Worth residential property management companies, Specialized RPM helps homeowners reduce costly mistakes that befall many inexperienced landlords. We do this in part because we are familiar with the the most common property management mistakes. We want you to be aware of these mistakes that cost many new landlords time, money, and could end up being the end of their rental investment.

Mistakes to Avoid When Buying and Setting Up Your Property

  • Poor rental property selection – location, type, and age of the home are all factors in a good rental property.
  • Showing the home too early – potential tenants are put off by the weird sights and smells of an old tenant or a construction zone.
  • Long vacancies – the longer the home is vacant the more money you lose!
  • Lax tenant qualifications – credit and rental history are a MUST for every tenant you screen.

Mistakes to Avoid After Tenants Have Moved In

  • Unpleasant landlord/tenant interactions – unpleasant interactions lead to vacancies. Property managers in Fort Worth are a good go-between so that interactions never become tense between landlords and their tenants.
  • Not keeping up with needed maintenance – regular maintenance is a must for the health and happiness of your tenants and your property!
  • Inadequate rent collection – always be clear and communicative on rent collection processes with your tenants.
  • Regulatory violations – stay current on all regulatory matters to avoid risk.
  • Not keeping up with inspections – inspect and evaluate your property regularly. Setting a schedule for these inspections can be helpful.
  • Not being proactive with maintenance – spending less now may mean spending more later when you have to replace or do a major repair on your home. Property managers in Fort Worth recommend proactive maintenance.

General Mistakes Landlords Make

  • Poor cash flow – be realistic about your cash flow and remember to budget for maintenance issues.
  • Hiring unqualified management – slip ups, mistakes, and overlooked inspections can cost you much more than you are saving by going with a “discount” property management company.

Choose the Fort Worth residential property management company trusted by landlords for almost 30 years. Call Specialized RPM today for more information about our services!

Ft Worth Property Management Helps You Have a Rental Home for All Seasons

Home maintenance is a large part of any household budget, and when you own a rental home it is no different. How does that look over the course of a year? Each season brings its own unique maintenance tasks and your Fort Worth property management company, Specialized RPM, is here to remind you what those are.

Spring

Spring cleaning! When the weather turns warmer and the flowers begin to bloom, take some time to clean items you only clean periodically. This could include deep cleaning rugs or changing air filters. Get your air conditioning unit serviced to make sure it is in good working order before the dog days of summer.

Summer

There is no denying Fort Worth summers are HOT! If you didn’t already, make sure you get an air conditioning tune up. This is not only for the comfort of your tenants.  A broken air conditioner is expensive and could be an emergency depending on how hot it is when it breaks.

Fall

As the weather cools down it is time again to turn your attention again to cleaning items you only clean periodically. Just like spring cleaning your Ft Worth property management suggests Fall cleaning! The more you stay on top of small cleaning tasks the longer your property and its systems will last. Get the heating system checked to ensure it is in proper working order.

Winter

Although ice and snowstorms are rare, they do happen and you need to be prepared. Take a walk around your property and cover any faucets that may freeze when temperatures drop. Bring inside any items that can’t handle freezing temperatures or shouldn’t be covered in snow.

As your Fort Worth property management company we want to make sure your home is taken care of. If you need any more suggestions on caring for your rental home in all seasons, or want to hear about our services, call Specialized RPM today.

Halloween Safety Tips from Your Property Management in Fort Worth

Halloween is just around the corner! What can you do as a landlord to ensure your home and tenants are protected? Safety is our number one concern as the industry leading property management. Ft Worth residents can have a safe and fun holiday with these easy tips!

Tips For Your Property

With all the little witches and goblins running around in the dark it is a good idea to make sure your home and the pathways to your door are well lit. Cut back any bushes or branches that may be blocking the path up to your door, and remove any wires or other tripping hazards in your yard. If the property is unoccupied double check that it is locked and secure. Specialized RPM, your property management in Fort Worth, is here to help you with these little tasks before the big day.

Tips For Your Tenant

If it is your tenants responsibility to deal with landscaping remind them to cut back branches and brush, and move any other tripping hazard out of the way. In addition, they should make sure the property is well lit and replace any broken light bulbs. It is an especially good time to remind your tenants about fire safety. Halloween is a prime time to light candles, whether in luminaries, jack-o-lanterns, or as part of other decor. Encourage your tenants to use battery powered candles to cut down on the risk of accidental fires. Finally, if your tenants have pets they should be kept behind closed doors. Many pets get anxious when the door keeps opening and the doorbell keeps ringing.

Your Specialized Team of property management in Fort Worth knows Halloween can be scary, but if you follow these simple safety tips it can be fun and safe for everyone! If you have any questions or concerns don’t hesitate to call Specialized RPM today!

Protect Your Investment By Hiring Experienced Fort Worth Rental Property Management

Some landlords get into the investment property business because they see friends or neighbors making money. Others start because they couldn’t sell their house when they needed to move. The fact is, whatever way you started, the point is to make money from your business. Paying too much for necessary items such as regular maintenance, or unnecessary luxuries can hurt your bottom line. Unfortunately many landlords put hiring professional rental property management Fort Worth experts in the “unnecessary luxuries” category and their investment is put in jeopardy because of it.

How Professional Property Management Can Help

Think about your professional qualifications. Do you have years of experience in property management? Do you understand the property management cycle and complexities of the business? Do you have the certificates and qualifications some states require of property managers? The professionals at Specialized RPM have all of these qualifications, with references and raving reviews to back us up (not to mention nationwide clientele). We can help protect your investment from the common pitfalls and mistakes that many landlords make.

Where Should Your Money Go?

Managing rental property yourself will cost you time, and time is money. You will need take time away from another job to deal with emergency maintenance calls, needy tenants, or simply keeping up with all the law and codes so you aren’t stuck with a costly violation. When hiring rental property management, Fort Worth landlords need to factor in all the time that is saved by hiring experienced professionals.

Fort Worth rental property management will save you money by avoiding costly mistakes and getting you a better return on your investment. Specialized RPM has been in the business for almost 30 years so you can trust our experienced professionals and proven processes. Call us today to put us to work for you!

Fort Worth Property Managers Explain Why You Need Realistic Financial Expectations

Owning rental property is a smart investment, but is not for everyone. Unfortunately a lot of landlords get in the game without enough knowledge or capital to keep their new business venture afloat. Even worse, they’ve decided to try and save money by self managing instead of hiring an experienced property management company. Fort Worth landlords should be aware of the potential pitfalls and cash flow problems they may encounter before deciding to invest in real estate. The property management experts at Specialized RPM can help you set realistic expectations so you’re not caught off guard when your rental property hits a bump.

Money Flowing In, Money Flowing Out

Being a landlord obviously isn’t as simple as cashing rent checks. Regular maintenance and planning for emergencies will set you back at least 10% of the monthly rent on your home, and sometimes that number is higher.  If you plan on “breaking even” after you pay fees, your mortgage, and whatever else is due each month you need to reconsider your financial situation. Money may be flowing in from rent checks, but make sure you factor how much will be flowing out so you don’t find yourself underwater. Your Fort Worth property managers can help you determine how much to set aside for maintenance, vacancies, and profit.

Professional Fort Worth Property Managers Will Save You Money

Self management may sound appealing, but most landlords don’t realize they end up losing money when they self manage. Unless you are a professional property manager with years of experience and nothing else vying for your time, it is easy to either let things fall through the cracks or simply be unaware of costly rental pitfalls. Code violations, longer vacancies, and poorly selected tenants are just a few of the common mistakes you can avoid by hiring a property management company. Fort Worth landlords have trusted Specialized RPM for almost 30 years because we know how to make your rental property into a success. We can help you set realistic expectations, so give us a call today!

How To Reduce Maintenance Costs On Your Rental Home

Maintenance is a large budget item for every home, whether it is your personal residence or investment property. Many landlords think if they can cut down on the frequency of maintenance tasks, or put off regular maintenance, they can reduce their overhead costs. However, the experienced property managers Ft Worth landlords trust at Specialized RPM are here to show you how that can be more costly in the long run.

Specialized RPM Recommends Proactive Maintenance

With Specialized RPM property managers, Ft. Worth landlords know their property is undergoing proactive maintenance to extend the life of their home’s systems and save them money. Failing to perform simple maintenance tasks such as changing AC filters will put strain on your home’s systems and you will need to repair or replace them more often. Specialized RPM recommends creating a schedule of known and needed maintenance tasks so you can keep up with your home’s needs.

Proactive Maintenance Tips

To be proactive about your home’s maintenance needs use these tried and true tips:

  1. Set a budget: set aside at least 10% of the monthly rent to take care of maintenance issues. You may need more based on the age and condition of your home, your Fort Worth property management company can help you determine a good amount to set aside.
  2. Create a schedule and protocol: plan for known maintenance tasks, such as gutter cleaning, which will extend the life of your home. Create a protocol for when to repair or replace the systems and appliances you own.
  3. Respond to tenant requests: be respectful and respond promptly to tenant maintenance requests. This will signal to your tenants how much you care for the home, which in turn will spur them to take care of it too.
  4. Stay up to code: health and safety code violations can be costly, but code rules can also change frequently. Make sure you stay up to date on your knowledge of housing codes and inspect the home periodically to make sure it is not violating any codes.

Your Fort Worth property management team can help you keep your property looking good, and up to code, all while keeping your costs down. For more information, or to hear about all our services, call Specialized RPM today.

Do Landlords Need To Perform Regular Property Inspections?

Every good landlord knows it is necessary to have a walk through with your tenants at move in and move out to check for conditions. However, if that is the only time you are evaluating your property, you are setting your property and yourself up for failure. Take it from experienced property managers, Fort Worth rental homes need to be evaluated on a regular basis between move in and move out. Specialized Fort Worth, the property management Fort Worth landlords have trusted for almost 30 years, is here to help you understand why these inspections and evaluations are so important.

Why Property Management Fort Worth Experts Recommend Regular Evaluations

Inspecting your rental home regularly will allow you to check for these things:

  • Lease compliance: bring along a copy of the lease to make sure your tenant is complying with all the terms. Are there pets? Too many occupants? These are things you only know if you walk through the property regularly.
  • Needed maintenance: some tenants won’t mention a problem until it is an emergency. You can save money by catching a problem early and fixing it.
  • Code violations: HOA rules, local codes, and laws vary by area. Make sure your rental home is up to date and complying with all these rules.

Why You Should Set Tenant Expectations

Finally, you need to set tenant expectations early on in their tenancy. Regular inspections should be addressed as part of the lease signing process. Make sure you schedule and notify your tenant in advance of each inspection so they know what to expect. Specialized Fort Worth has a team of expert property managers Fort Worth landlords turn to time and again for help with their properties. Give us a call today to learn about all our services!