Thursday, 5 November 2015

Maintenance Advice From Your Dallas Property Management Team

As the leader in the property management industry, Real Property Management Dallas has learned a thing or two about maintenance and the questions that our owner clients have surrounding that issue. Here are some of the best pieces of advice from our maintenance team.

  1. Preventative Maintenance is Crucial. Regular inspections are conducted as a means to advise property owners of any maintenance issues that may be required. These inspections also ensure your tenants are abiding by their lease agreement.

  1. Home Warranties Make Things Take Longer. While you may have purchased your home warranty for peace of mind in the event of something breaking, dealing with the warranty company extends the time it takes to process and execute maintenance requests.


  1. Band-Aiding the Problem Will Lead to More Serious Issues. Just like placing a band aid to a scrape on our body shouldn’t be expected to heal the problem, completing temporary repairs to maintenance issues will increase the landlord’s long-term maintenance costs and accelerate depreciation of the property. There is an old saying that “If you think it is expensive to hire a professional to do the job, wait until you hire an amatuer!”

  1. Denying Repairs Could Result in High Tenant Turnover. Since the tenant is your customer, denying repairs and not responding promptly to needed maintenance will result in an unhappy client, high turnover, increased vacancy and higher make-ready costs.


  1. Sometimes Things Break. This is not always due to tenant neglect. If you have emotional ties to the home you are renting, you need to know that tenants will not have those ties and as such will not always care for the home in the same manner you would.


Dallas Among Top Cities For Career Opportunities

SmartAsset recently published a study naming the top 25 cities for career opportunities in the nation. Dallas came in at #24 on the list.

The study findings were based on metrics including unemployment rates, rate of employment growth and median income in the largest 355 metro areas in the US. Housing costs also played a big role in this study as it plays a big part in the decision to move for better career opportunities. Currently, the unemployment rate in Dallas is 4%, while the annual employment growth is 3.6%. The city boasts 7.12 career counselors and postsecondary educators per 1000 employees and has an overall median income of $36,530.

These findings are great news for owners of rental property in the Dallas area. The job market is growing, vacancy rates are low, and rent rates are at an all time high, which means this is a golden time to be a rental property owner. If you need help with rental property management in Dallas, TX, the professional team at Real Property Management Dallas is here to assist you. Our goal is to eliminate the headache and stress that is often associated with property management, and replace it with peace of mind knowing that your property is well cared for by our qualified teams.

For more information on our teams, contact Real Property Management Dallas today! www.realpropertydfw.com