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PROPERTY MANAGEMENT INC BLOG

Fun activities during winter in DFW

As Texans, we are used to 80 degrees weather and when it gets below 50, most of us don’t want to stay inside and wish the cold weather away. But there is different approach that can be exciting along with fun for all ages of people. Below are only few things that would take you through the cold weather with excitement. Read More...


Air Filter

It is a mystery why people don’t invest in real estate, despite having the means to invest. It is understandable that the fears of big maintenance may hinder someone from deciding to invest. However, precautions can be taken before the investment: e.g. get an inspection completed with a reputable inspection company, buy a home warranty for appliances – costs for home warranty are nominal compared to the benefits.  Read More...


Krishna's Presentation to Keller-Williams Lake Cities Group Recap

We often hear about people who knew what they wanted to be in their life while they were in grade school. Somehow, they found their passion while they were very young. I didn’t have the same luck, I tried quite a few different avenues for professional life. Eventually after multiple attempts at different fields of work, I found my acre of diamonds in real estate, a field which I have been involved in for the past 15 years. “Acre of diamonds” is a concept popularized by a minister named Russell Conwell and the basic premise is that our opportunities lie right under our feet; to summarize one finds their opportunities in their own field, in their own town.  Read More...


Landlords: Should you allow pets?

Almost every landlord has had a tenant that owned a pet. From chihuahuas, to kittens, to enormous Great Danes, pets are part of the family to those who raise them.  Read More...


Spring Yard Maintenance and Cleaning

Spring time is here and spring cleaning is in full swing. Not only do the insides of our homes need inspection and cleaning, our yards also need yearly maintenance done. Often times we forget about the simple things that should be done to our home each year, so here is a list of things that should be taken care of as the weather warms up.  Read More...


Why Conduct Regular Inspections of Your Rental Properties

If we didn't trust our tenants, we probably wouldn't rent to them, but when it comes to your properties and the protection of their value, here are 3 reasons as to why it is a good idea to conduct regular inspections of your rental properties. First, to confirm that no illegal activity is taking place. Second, check and see if any repairs or maintenance need to be taken care of and third, doing this can preserve the value of your property to insure that all things are in good shape.  Read More...


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 asking bigger questions such as “What do we do from here?” and “What about the security refund deposit?” By following these steps, we can help you make the best decisions when it comes to your struggling tenants and their security deposits.  Read More...


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 out. Security deposits are often the most hostile subject between property managers and tenants and property managers can take steps to prevent security deposit disputes, educate tenants and ensure that security deposits are used correctly and not abused. Taking these steps will also protect property managers against potential legal action.  Read More...


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 the most part. However, there are some circumstances in which a landlord should agree to release a tenant from the lease agreement without penalties.  Read More...


Increasing Curb Appeal

Increase the value of your rental property by making some aesthetic changes and following a few simple tips.

Check for concrete damage and consider making repairs. There are emerging low cost options, such as concrete lifting, to fix cracks and sunken concrete slabs as opposed to total concrete replacement. These small repairs do not break the bank and can add immense value to your rental property and will ensure that your property is up to code and will pass inspections.  Read More...