As a local property management service in Allen, Texas, we speak to all types of investors. Some homeowners purchase one or two more to rent with the idea that when their family grows up they’ll live nearby. Others are ready to retire and travel the world, but don’t want to sell their beloved Allen, Texas, house. And of course, some property investors see single-family home rentals as a great addition to their portfolio.

All of these types of Allen, Texas people may want to invest in local residential properties, but they don’t want the hassle of handling tenants and management. There can be complications with a “DIY” contractors who does “property management on the side.” The contractor might claim to know more than they do and could cause legal trouble. This type of landlord can be unreliable, making promises to get a repair done and then not following-through. They can also be terrible at communication between the tenants and property owner.

Owning a rental home is an investment. Poor management can lead to expensive repairs and angry tenants. Contracted landlords don’t handle emergency repairs, tenant issues, or other unexpected costs make the situation worse.

To avoid the mess, speak to a professional Allen, Texas, family home property service! This isn’t just a “job” it’s our profession. We are fully trained and experienced in handling single family home rentals and keeping tenants happy. We understand the value of friendly, customer service to our tenants and property investors.

What is the difference between a single landlord vs. property management professional?

First, no one is disparaging a person who wants to run their own business as a contracted landlord for a property manager. This is common for many small apartment complexes; one person handles all the issues.

But we are talking about single-family homes, which are a different kind of rental. Houses offer more space and privacy to a renter. There are backyards and front yards. Sometimes there’s a pool, but it’s only for the families’ use. They handle their garbage and daily upkeep of the home. A property manager will schedule inspections and fixes or upgrades every several months. They usually don’t visit the property daily and give tenants their privacy. The relationship is more like a collaboration when working with the property owner. The property manager frequently checks in with the owner to confirm costs, upgrades, and specific needs.

In comparison, landlords for apartments have a lot on their plate. And most rental complexes in Texas are large. There might be an entire staff to manage up to one hundred-plus units at one location. Tenants will see the staff frequently when they walk out their door or use the amenities. Speaking of that, the occupants don’t maintain the pools, laundry rooms, trash, and parking, that’s handled by the staff. This is a lot of work and usually means less individual attention is given to the property owner and individual renters. Burn out can dampen the apartment managers spirits and create tension. This National Apartment Association article shares the reasons for burnout in apartment management: https://naahq.org/extinguishing-burnout-igniting-commitment.

As a locally operated professional Allen, Texas, single-family home property service, we are invigorated by the work we do! We loved managing rentals like this Allen home: https://www.ntxpm.com/estate/1523-sleepy-hollow-drive-allen-tx-75002/.

Yes, being a top property management firm around the Allen, Texas area is something we are proud of!