We could tell you plenty of horror stories about stepping in to help a property investor with a terrible tenant. Sometimes the landlord needed to handle the due diligence with the background check. They finally realize they need help and call us to manage the eviction. Afterward, we are typically asked to help them find a good tenant. And we do! Because great, responsible renters are looking for a beautiful single-family home in North Texas.
Good tenants may be the gold standard, but they bring their own type of challenges. A good tenant is willing to pay top dollar for a single-family home and have high standards. The house should be in excellent condition. If there’s a refrigerator and washer/dryer, they should be in perfect shape. If something needs to be corrected, they’ll call. Did the stove stop working? Is the water heater falling apart? Some renters are perturbed when their comfort is compromised. They might “rough it” for a day, but a landlord should get the fixes managed asap.
Don’t sell your McKinney single-family home!
This sounds like a lot of work, doesn’t it? Making a good tenant happy is a lot of work, we understand. But it’s also an investment. Remember, a good tenant will care for your rental as it grows in equity. They want to live in a lovely home and will keep it that way. They treat your property like their own, which is good. If the roof has a leak or the faucets are running slow, they will tell you about it immediately. That means the home repair happens early to stop a more costly repair later. The remodeling costs will be minimal when you are ready to cash in. In the meantime, you can enjoy a regular monthly check to help ease the burden.
And if working with a tenant still seems too much to handle, don’t sell your McKinney single-family home.
Contact us to help manage it!
Several reasons why McKinney is a great place to own a rental property location is the mantra for property investors searching for an investment with potential. McKinney is located right by the Dallas-Fort Worth area, and it is still growing. If your good tenant has a family, they likely chose McKinney because of the high quality of life.
Here are a few reasons why McKinney is one of the best places to live;
Called “unique by nature,” the town has lovely well-maintained sports centers, golf courses, and public pools: https://www.mckinneytexas.org/
Families searching for cooling off with little ones can visit several splash pads nearby: https://www.mckinneytexas.org/1279/Splash-Pads
The Downtown McKinney Culture District showcases local arts, art fairs, and farmers markets: https://www.youtube.com/watch?v=HyUVx04GyHU
In the summer, there are several neighborhood splash pads for little ones to stay cool and active: https://www.mckinneytexas.org/1279/Splash-Pads
The Visit McKinney page provides a long list of things to do for residents and tourists: https://www.visitmckinney.com/. Renters who have visitors are proud to show their family members around town.
For anyone who is tired of managing the day-to-day needs of a renter, we advise them; don’t sell your McKinney single-family home! Call us and keep the investment!