investment property – TNT Properties Real Estate

Taking Advantage of Turnover

Kyle Dwyer — Sat, 08 Aug 2020 15:20:03 +0000

Turnover can be one of the two most expensive scenarios for a property investor! Unfortunately it is unavoidable, especially in a market such as Bryan/College Station where you have college students renting your properties. Proper management will help keep the high costs at a minimum, however it takes time for the effects of proper management to kick in. Many times, when we take on management of a property that was being improperly managed, it can take up to 12 months to reverse the problems that derived from it!

Additionally, because it is unavoidable, why not take advantage of the turnover? What I mean by that is to do the things you cannot normally do while it is vacant! Many times a turnover is less than a weeks time, so you must plan for the things you want to do. Here is a list of items I recommend to take advantage of during a turnover:

Upgrades to the property
- New flooring
- Fresh paint
- Modernize the property
- Upgrade counter tops
- Improve curb appeal
Marketing
- Photos
- 3D virtual tours
- Additional Marketing items
- Video walk throughs

This is just a small list of things to think about while the property is sitting empty. These things may come at a cost, but that cost is made up ten fold with the return you get from them, such as increased rent, less turnover, and greater visibility.

For questions, feel free to reach out to us anytime!

Asset Hero Property Management Offers Marketing That Works!

Pam Dwyer — Wed, 19 Jun 2019 16:51:57 +0000

Combining our STANDARD MARKETING SERVICES and ADDITIONAL MARKETING SERVICES is key!

At Asset Hero Property Management we offer a proven advertising and marketing campaign we are proud to offer you to market your most valuable asset! Regardless of what package you choose, we want you to know that we have your back.

Below is a list of what we include to market and advertise your property when looking for potential tenants:

Yard signage
Social media websites including Facebook, Twitter, YouTube, Google+, LinkedIN and Instagram
A strong website presence – www.AssetHeroPM.com
Multiple Listing Service (MLS) – Posting on MLS gives your listing full access to every licensed REALTOR® in the Brazos County area. In addition, we put SUPRA boxes on each property to give all REALTORS® access after verifying and scheduling a showing. This box makes it convenient for the REALTOR® which increases the amount showings they are willing to do!

ONLINE RENTAL PLATFORMS WE USE

Zillow Group (Zillow, Trulia, Hotpads) Make sure your properties are posted where renters are looking. The Zillow Rental Network is composed of the millions of rental shoppers on Zillow.com, Trulia, and HotPads. In addition, Zillow rental listings are available through Zillow’s popular suite of mobile apps and Zillow partners including AOL® Real Estate, MSN Real Estate and HGTV®’s FrontDoor®
Lovely creates a faster, easier, and more transparent rental process. Lovely, along with the Lovely for iPhone app, displays real-time listings on a map and sends alerts as soon as new listings hit the market. Renters can save their most important search criteria and apply for listings in one click.
Apartment List is a leading marketplace for rentals, exposing over a million unique renters a month to hundreds of thousands of high-quality listings through desktop, mobile web, or App-based search. By focusing solely on rentals, Apartment List is closely attuned to the needs of both renters and professionals – Apartment List is continually innovating new ways to make the rental process more efficient and enjoyable.
Apartments.com is the most trafficked apartment listing network with millions of prospective renters visiting each month to one of our sites. The Apartments.com Network simplifies the process of finding a new home by offering renters the most comprehensive database, including millions of detailed and accurate rental listings across the United States.

ADDITIONAL MARKETING SERVICES

We offer an additional marketing service that offers a 4 point marketing plan which includes the following:

Professional photos
3D Virtual Walk Through
Promotional Video
Schematic Floor Plan

We showcase your property on our website which is yet one more avenue for prospective tenants to find your home. Here are some of the properties we manage that are taking advantage of this incredible service! Showcase Properties.

It’s a competitive market and we pride ourselves in staying current with the latest cutting edge technology. Give us a call for more details or simply contact us online!

OFFICE INFORMATION

Asset Hero Property Management

1580 Copperfield Pkwy

College Station, TX 77845

(979) 353-2567

Self Management vs. Hiring a Property Manager in Bryan-College Station

Kyle Dwyer — Wed, 27 Feb 2019 22:02:31 +0000

When you own an investment property, there are a lot of factors that come into play when you’re looking to maximizing your overall cash flow. After all, that is the reason you acquired the property in the first place. Other than choosing the right investment to purchase, the single most important decision you need to make is “Who will manage the property? Yourself or a Property Manager?”

It you go down the self-management road, you may be thinking that you will save money. Think again! Here are a few things to consider before you self-manage an investment property.

TIME

Your time is probably your most valuable asset, aside from the investment itself. The amount of time you spend managing can fluxuate, but when the property and tenants require your attention, it can be all-consuming, taking you away from your day job, your family and your social life.

A good property manager will take this stress away, allowing you to focus on your life, family and friends while keeping you in the loop on how your property is doing.

MAINTENANCE

Maintenance can be a bear. The biggest complaint from tenants is lack of communication and follow-through on maintenance. It is the single biggest reason they move out. Also, not having a good list of reliable vendors almost certainly ensures that your cash flow will be flushed down the toilet — literally!

The best property managers have an extensive and exclusive list of the best vendors in the area. Not only that, they can get discounted pricing from the vendors in most cases, which saves you money!

They can also take on the stress of emergency maintenance so you can sleep easy, knowing that your investment is being well-maintained.

PAPERWORK

Having proper documentation is extremely important to protect both you and the tenants. Not just the lease but applications, guarantors, rules and regulations, pet addendums…the list goes on and on. If you don’t have this on hand, you will pay the price in legal fees and lawsuits.

A quality property manager has all the necessary paperwork to keep your liability at a minimum. A conscientious manager will make certain that you’re covered legally with the proper documentation and ensure that your property is kept up to code to avoid those nasty lawsuits. Let the manager be a wall between you and the legal liabilities of owning a investment.

Although hiring a property manager comes at a cost, the overall savings you will realize by having a quality manager is far more beneficial than self-managing. But do your research — not all managers are the same. Make sure that they truly care about your investment and your success, and have the resources to protect it the way they should!

OFFICE INFORMATION

Asset Hero Property Management

1580 Copperfield Pkwy

College Station, TX 77845

(979) 353-2567