Many inexperienced landlords hold to the myth that avoiding needed repairs will save them money. They learn too late that addressing repairs quickly and cost-effectively prevents more expensive problems from developing while avoiding tenant turnover. Slow or non-response to maintenance requests is the #1 reason tenants vacate a home, and tenant turnover is expensive. By unwisely scrimping on maintenance, landlords can lose much more in tenant turnover in the form of vacancy days, marketing costs, and preparing the unit once again.
THE SPECIALIZED PROPERTY MANAGEMENT SOLUTION:
At Specialized Property Management Dallas/Ft. Worth, we’ve learned by experience that retention of long term tenants is the number one variable in achieving your investment goals. Your tenants are your customers, so keep them happy, and you’ll stay in business!
Responding quickly and thoroughly to maintenance requests increases tenant retention, which helps you avoid the cost of vacancy time, and the associated marketing costs and make-ready expenses. Plus, ignored problems usually become more expensive to fix over time. Keep tenants happy and you will see the result in your bottom line.
THE LANDLORD’S GOLDEN RULES
- Deal with tenants in a fair and honest way.
- Quickly respond to legitimate tenant needs.
- Take care of the property, and your tenants will be more likely to do the same.
- Address all safety and health issues between tenants.
- And finally, be the landlord you would like to have.
Over 25 years of experience, we at Specialized Property Management have streamlined the maintenance process to reduce costs, ensure quality, keep tenants happy, and continually communicate with you, the property owner. That’s why we’re the clear choice of property owners here in the Dallas/Ft. Worth area.
Put our team, experience, and ethics to work for you.