If you have money to invest in property, you could do no better than to look at single-family homes in McKinney, Texas. It’s an affluent community in the prosperous North Texas area and has many single-family homes for rent. At North Texas Property Management, we should know, because we manage quite a few of them ourselves.
Unless you are an experienced investor, you may not be aware of how much effort has to be put into McKinney, Texas, property management for a single-family home. This is especially true if you are new to the game. Perhaps you have inherited a property, or perhaps you have been saving money for some time and are now ready to take your first step into the world of private rental.
It seems simple, doesn’t it? Buy a home. Give it a lick of paint. Rent it out. Sit back and enjoy the monthly income.
Oh, if only it were that easy!
There is a lot more to McKinney, Texas property management for a single-family home than that.
Texas Rental Property Codes
Just to begin with, there is the Texas Rental Property Codes. Your property has to meet these codes and be clean, presentable, and habitable. If not, you cannot rent it. The codes are there to ensure the safety of tenants and they cover things such as keyless deadbolts, smoke alarms, peepholes, and so on, just to name a couple.
Getting the property into a suitable condition may require the services of a number of tradesmen. If you live in McKinney you may know of some yourself, but if you don’t, where do you start? How do you know you are not being ripped off? At North Texas Property Management, we have a team of tradesmen on call, so we can carry out any type of work that is required.
Of course, it goes without saying that you, as the property owner, have the last say, but you will find our team very good workers, and hard to beat on price. We give them a lot of work and in return they give us good rates, and these are passed on to our owners. Another important point is that our experts are on call in case of an emergency, so we can deal with something such as a burst pipe in the middle of the night.
Our McKinney, Texas, property management for a single family home will also ensure that you have suitable tenants who will pay the rent on time and take care of your property. Then all you need to do is what we said above: sit back and enjoy the monthly income.