Richardson Property Management

Let us manage your Richardson rental property

Richardson Property Management

Deciding to rent your home out to a tenant is not easy. Most landlords are either a member of the military who is facing deployment, a homeowner who cannot sell a house and is thinking about renting it out, or a real estate investor with lots of experience and an entire portfolio of properties. Whatever type of landlord you are, you need expertise to do it right.

Being a landlord is a full-time job. You have to be prepared to approach it that way. Here are some of the things required of you:

  • Pricing your home at a rent consistent with the market value and avoids long term vacancy
  • Marketing your property in the right places.
  • Compliance with all federal, state and housing laws in your advertising
  • Screening applicants who are serious about renting your home
  • Showing your property at times that are convenient for potential renters
  • Stay in contact with prospective tenants after they have viewed the property
  • Doing extensive background checks on applicants
  • Writing a lease that is legally enforceable
  • Collect and handle security deposits, placing them in escrow accounts
  • Inspect and document the condition of the property before move in
  • Understand and follow all landlord and tenant laws
  • Respond to tenant repair requests and maintenance issues 24/7
  • Schedule vendors for repair work
  • Making payments to vendors for completed work
  • Collecting monthly rent payments and chasing down late rent
  • Keeping an accounting system of rent, expenses and income
  • Handle problem tenants who cause damage or violate the lease or HOA requirements
  • Execute evictions when necessary
  • Regular inspections to ensure the tenant is taking care of your property and following the lease
  • Collecting back rent from former tenants
  • Completing a move out inspection
  • Return the security deposit to tenants within required number of days
  • Get your home ready during the vacancy for the next tenant
  • Start from the beginning with a new tenant

Inquire About Our Services

You have to ask yourself if being a landlord is worth your time and other resources. You probably have a full time job already, and a family that you enjoy spending time with. Do you really want to invest the time and energy it takes to manage property correctly?

Benefits of using Flat Fee Landlord

  • No hassle management
  • Monthly owner statements
  • Online Owner Portal Access
  • Industry leading marketing tools
  • 24/7 maintenance request handling
  • Prompt Response to Tenant Requests
  • Low vacancy rate
  • Low time on market
  • Industry specific local knowledge

What we do as your Richardson property manager:

  • Fill vacancies
  • Advertise your rental
  • Handle tenant inquiries
  • Background and credit investigations
  • Application processing
  • Lease signing
  • Full service repair
  • Rent collection
  • Accounting
  • Coordinate Evictions

Richardson Area Information

Richardson Property Managers

Richardson is a principal city in Dallas and Collin counties in the U.S. state of Texas. As of the 2015 American Community Survey, the city had a total population of 106,123. Richardson is an affluent inner suburb of Dallas. It is home to The University of Texas at Dallas (UTD) and the Telecom CorridorĀ®, with a high concentration of telecommunications companies. More than 5,000 businesses have operations within Richardson's 28 square miles (73 km2), including many of the world's largest telecommunications/networking companies: AT&T, DirectTV, Verizon, Cisco Systems, Samsung, ZTE, MetroPCS, Texas Instruments, Qorvo, and Fujitsu. Richardson's largest employment base is provided by the insurance industry, with Blue CrossBlue Shield of Texas' headquarters located in the community along with a regional hub for GEICO, regional offices for United Healthcare, and one of State Farm Insurance's three national regional hubs. Source from Wikipedia

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