In Dallas, TX there’s nowhere quite like the Park Cities. Comprised of two small suburbs – University Park and Highland Park, living in an affluent part of town definitely has its perks! University Park is ranked #2 in Niche’s “Best Suburbs to Raise a Family in Dallas-Fort Worth Area” list with our highly rated public schools and thriving nightlife. Fun fact: In the early 1980s, Highland Park is where the TV show “Dallas” chose to shoot on location!
Our residents enjoy shopping and dining at the upscale Highland Park Village shopping center, with luxury retailers such as Dior, Ralph Lauren, and Chanel. There’s also our elegant and historic Highland Park Village Theatre, where you can sit back, relax, and watch the latest movies.
Overlooking downtown Dallas, homes in the Park Cities have a beautiful view and are close to all the major attractions Dallas has to offer. The towns govern themselves and have their own police department and joint school district. If you want to invest in property management, Park Cities is a great place to buy a rental property. You’ll be able to offer your tenants a home in a nice neighborhood with low crime and a small-town feel. Almost all of the homes in the Park Cities are detached single-family houses. and people are in no hurry to move! Most people who own their own homes love the neighborhood so much they stay for around 15 years, and the average renter has been in the same home for 6.7 years.
At Specialized Property Management Dallas, we want to make owning and operating a rental property an enjoyable experience. Don’t try to go it alone! We can save you money and hassle. Here’s what we offer our customers who invest in a Park Cities property.
You need a property management company that understands the local market. Hiring a company that doesn’t have ties to the area can mean your rental rates are too high or too low and your property sits vacant for way too long. Our local SPM team is trained to be professional, consistent and reliable. We know the Park Cities area and we will help you set a rental rate that is competitive, but will still get your property leased quickly. We lease almost all our homes in 29 days or less! We’ll give you a pre-leasing property assessment to ensure your property is ready to rent quickly. We’ll also advertise your rental home with our vast advertising network on over 85 rental listing sites, using the latest technology with 3D photos and video tours.
Effective Tenant Screening for Property Management in the Park Cities
We want you to have quality tenants that will stay for a long time. That’s why we do our part to check credit and criminal background and verify employment and rental history. Any tenant we place will be guaranteed for ten months, and we will cover the cost of replacing any tenant who breaks their lease without complying with the terms of the lease.
Online Rent Collection
Collecting rent should be straightforward and simple. At SPM Dallas, we use an online system that allows tenants to pay rent through our website. The funds are then electronically sent through ACH into the Park Cities property manager’s account for the fastest possible payment. When rent doesn’t come in on time, we have an automatic collections process, so you won’t need to spend your free time nagging your tenant about late payments.
A 24/7 Maintenance Hotline
When tenants have a maintenance emergency, they can report it directly using our 24/7 hotline or making a request over email. We respond promptly to tenants so you don’t have to. Maintenance issues can get expensive, but we minimize your expenses as a property owner with our preferred vendor discounts and in-house system.
Online Reports and Tech-Savvy Systems
You’ll always know what’s going on with your property no matter where you are in the world. Our online reporting system lets you see photos of your rental home and load digital documents. If your property is currently in the leasing process, we’ll keep you updated every step of the way!
We offer investment analysis technology with real-time business intelligence reporting. That means you’ll always know what’s happening with your property in real-time. Effective property management in the Park Cities starts with technology that ensures all leases are renewed and inspections and routine maintenance are conducted proactively to protect your home. We also offer centralized accounting for property portfolios large and small.
Routine Property Inspections
Your property shouldn’t fall to pieces during the time a tenant is occupying your home. Our quarterly property inspections with a qualified licensed home inspector will ensure both the inside and outside of your property stays in great shape, and keep tenants in compliance.
Legal Advice and Expertise
You deserve to manage your property without having to cough up additional money for regulatory mistakes and violations. Our in-house legal counsel stays current on all
trust accounting, fair housing, property code, and other landlord & tenant regulations to keep you in compliance. We’ll do everything possible to minimize your financial and legal risk.
Why Choose SPM Dallas Over Other Companies
We know you have a lot of options when it comes to property management. The Park Cities is a popular area, and there may be other companies that make big promises to you. But not every property management company keeps those promises, setting you back months and losing you precious funds. At SPM Dallas, we don’t want you to settle for substandard service. We offer the following guarantees:
- 100% Customer Satisfaction Guarantee: We believe with our full team of experts in leasing, maintenance, accounting, compliance, and rental management, you’ll be hard-pressed to find another company as qualified as ours. However, sometimes our services aren’t needed in particular situations, so we allow our customers a Hassle-Free Cancellation Guarantee without any red tape. You’ll get your money back after 60 days if you are not satisfied after all attempts to make it right.
- 10-Month Tenant Guarantee: As stated previously, we guarantee all the tenants we place for 10 months. This guarantee does not cover previous tenants, any tenants placed by the owner or another property manager, military tenants who must move due to orders or transfers, or tenants who abide by the terms of their lease in breaking the lease by paying all required fees.
- Customer for Life Price Guarantee: You deserve an affordable management fee that won’t break the bank. As leaders in property management, Park Cities clients will receive a set fee for a period of three years with zero increase. This allows our customers to budget for the future without worrying about potential fee increases. If during that three-year period you acquire additional rental properties, we promise to honor your initial fee for those properties as well.
- Legal & Accounting Compliance Guarantee: We protect our rental owners from serious financial and legal risks with a firm guarantee that your home will comply with all municipal, state, and federal laws. We promise your financials will successfully meet all the criteria required by the State Department of Real Estate and all CPA GAAP regulations. All the records kept on the rental property will be easily accessible and organized in case of a regulatory audit.
- Eviction Protection Guarantee: We have the lowest eviction rate in the DFW metroplex, with less than 1% of our placed tenants resulting in an eviction. Unfortunately, evictions can still happen. In case of an unexpected eviction, we’ll cover the cost with our Eviction Protection Guarantee. For the first 10 months of the management agreement, if an eviction is necessary, you won’t have to pay anything for it. We’ll cover the cost and handle everything for you. When your tenant reaches the 11th month of residence, you can continue to protect yourself through our Eviction Protection Plan for only $14 per month. Our EPP covers the costs of filing fees, legal fees, and court costs for unlawful detainer actions plus the cost of a Writ of Possession.
- SPM’s Price Match Guarantee: If you find another company that promises to do everything we do for a lower price, we’ll gladly match it! Simply present the competitor’s proposal to your Specialized representative before signing your property management Park Cities agreement. This only applies to new contracts for properties we do not already manage.
What Our Customers Have to Say
Don’t just take it from us! We have a 98% customer satisfaction rating because we take care of our clients just like we would our own family. Here’s what some of our happy customers had to say about their experience:
“Easy to work with and very professional, even from a remote location (we are in California).” – Better Business Bureau® Review from Craig F.
“Specialized Property Management has been the best management company I have had the opportunity to work with. As an investor I have many properties and I have dealt with many property management companies. My property in Fort Worth, TX was marketed and managed in a way that I can only say was exceptional. . . The system they have in place at SPM works, down to the lease for tenants. I cannot praise SPM enough. Not sure if they read these reviews but I know I thanked you guys profusely already but I had to do it again :-)” – Better Business Bureau® Review from Jean-Luc A.
“We have a number of houses with Specialized and they do a great job of staying on top of issues and making sure our properties are all leased.” – Better Business Bureau® Review from Wade M.
In property management, the Park Cities is a unique place to own and operate a rental property. Walk around the neighborhood for a while and you’ll come to love all the beautiful outdoor spaces and walking trails that make our suburbs stand out. Park Cities property managers consistently rely on our local expertise and dedication. When you work with our local SPM Dallas team, we’ll take care of the ins and outs of your rental property so you can spend more of your free time doing the things you love.
Contact your Specialized Property Management Dallas team today at 214-233-7572 and take advantage of our comprehensive property management services!