Why You Need Professional Dallas Real Estate Management

If you’re just getting started in Dallas real estate management, you may be tempted to try and do everything yourself. After all, hiring a professional property management company costs a monthly fee, and you’d much rather save that money, right? Well, here’s the deal. While you may think that doing everything yourself is the right financial decision, most DIY landlords come to find out quickly that owning and operating a rental property costs more time and money than they initially thought. It also comes with its own share of heachaches and issues that not every landlord is equipped or experienced enough to manage. That’s why at Specialized Property Management Dallas, we offer comprehensive management services specifically designed to save property owners both time AND money. When you work with us, you’ll start to see the advantages right off the bat.

No Hidden Fees

Unlike other DFW property management companies, at Specialized we promise no hidden fees. 

If you find another property management team who claims to provide the same services we do at a cheaper price, we promise to match it! Property owners know that the cost-effective fees we charge pay for themselves in faster leasing and fewer mistakes. With our team of experienced professionals managing your rental property, you’ll come to see that the small service fee we charge is completely worth it. And if you’re not satisfied with our services in the first 60 days, your first two months of management fees will be refunded. Our pricing is straightforward and upfront and we don’t try to corner you into anything.

Specialized Dallas Real Estate Management Reduces and Avoids Vacancies

At Specialized, we know that the longer your property sits vacant, the more money you lose. With our comprehensive, proprietary marketing and leasing system, most properties we manage are leased in under 29 days. We market your property to prospective tenants with 24/7 text and image property information on demand, and advertise it using 3D images and video. We want potential tenants to be able to see the inside and outside of every property without the guesswork. Since the vast majority of people look at rental properties online before going to see them in person, Specialized Property Management Dallas utilizes electronic showings as much as possible.

Once a tenant desires to visit the rental property, we schedule in-person showings to applicants with a licensed real estate agent so that you won’t have to be there to walk each set of prospective tenants through the property. When a tenant moves out, we begin the leasing process right away, ensuring that your rental property won’t sit for months without a tenant.

An Unbeatable Tenant Screening Process

We have the lowest eviction rate in the area, with less than one percent of our pre-selected tenants evicted from a rental property. We conduct rigorous tenant screening so that you won’t end up with an unreliable tenant who will cause extensive damage to your rental property. At Specialized, we require all applicants over the age of 18 to fill out a comprehensive rental application. We also always conduct criminal background checks on all tenants over the age of 18. Any potential tenants with a history of drugs, theft, terrorism, violent behavior, and any person on a sex offender list are thoroughly investigated. When we screen tenants, our process also includes the following: 

  • Verifies that the combined tenant income equals at least three times the rent rate.
  • Checks credit background, along with past employment.
  • Verifies the past two years of rental history, asking former landlords what the tenant was like at a previous residence.
  • Ensures that former employers and colleagues will vouch for the tenant, calling all references.

For more effective Dallas real estate management, we screen tenants while staying in compliance with all Fair Housing guidelines, taking care not to discriminate against potential renters based on things like race, gender, familial status, or religion. Because of our comprehensive tenant screening process, tenants at our properties tend to be more responsible and also tend to stay longer, saving you from costly tenant turnover.

A More Efficient Rent Collection Process

Gone are the days when you have to worry about a tenant gathering enough cash to pay you rent every month, and then forgiving late rent payments over and over again. No landlord should feel that they spend a majority of their time worrying about when rent payments will finally be made. With Specialized Property Management Dallas, we promise you’ll experience less waiting and worrying with our efficient rent collection processes. We allow our tenants to pay rent online, with easy ACH/direct deposit for owners. We give tenants certain incentives for on-time rent, encouraging them to pay rent in a timely manner every month. If a tenant refuses to pay, we have a professional collections team that will take over automatically so you won’t have to deal with awkward in-person communication. 

Enhanced Legal Protection 

We reduce your legal risk with our proven processes and legal expertise. With SPM Dallas, there’s no need for you to hire an expensive lawyer to ensure you’re doing everything through the proper legal channels. Our in-house legal counsel and risk mitigation policies protect you from ending up in the courtroom. We provide trust accounting compliance for security deposits, 

eviction & writ of possession services, and conduct our business with impeccable ethics & integrity. You’ll stay in compliance with all local, state, and federal laws when you work with our professional Specialized team. 

Cost-Effective Maintenance

In Dallas real estate management, one of the major complaints of both tenants and landlords is those late-night maintenance phone calls. At Specialized Property Management Dallas, we know that all rental homes need to be maintained, and our process is designed to save you time and money on maintenance overall. Our professional team provides maintenance, repair and emergency services so you won’t have to take care of any maintenance issues on your own. There’s no need to hire an outside service with our qualified, licensed team of maintenance professionals ready to get the job done. We have a 24/7 maintenance hotline where tenants can call and report a maintenance issue so you won’t be bothered by any late night calls. 

We also conduct routine internal and external property inspections multiple times a year, ensuring there is nothing on the property that causes a concern, such as a leaky faucet or a faulty A/C unit. We work with a variety of maintenance specialists, contractors, cleaning services, landscapers and other vendors. Because of that, we’re able to get professional, timely service at the best rates. We also provide professional remodel services if you need them.

Local Expertise and Constant Communication

We don’t want you to ever feel as though you are not getting sufficient communication from our office. As professional industry leaders in the Dallas real estate management business, we give rental property owners online access to financial statements, allow them to see when monies are collected and disbursements are made, check tenant rental payment history, work order history, and even view property photos. In addition to our 24/7 maintenance hotline for tenants, we also have a 24/7 property owner hotline where you can call us with any questions that might arise. With over 30 years in property management, we know how to handle difficult situations with tenants and promise to make your experience stress-free. 

Because all our team members live and work locally, we can determine appropriate and competitive rental rates and help you pick a property that will increase in value. We are trusted by thousands of homeowners and investors to save them time, money, and stress. We believe that your time is valuable, and we want you to spend it enjoying what you love to do and let us take care of the rest. 

“We love this company. They are fast to respond to any questions we may have. They keep constant contact with you. We have had only one maintenance request and it was handled the following day. If they are not in office they tell you exactly when they will be back or who to contact instead. The website gives us all of our information and documents needed so it’s easy to access. Every contact we have had they are very nice and professional.  I would definitely recommend them.” -Google review from Kaitlyn D

“I’ve been with Specialized Property Management since inception of the company.  Over the years I’ve had good service and the staff is always friendly and willing to help.  I would recommend them to others in search of a residential property management company.” -Google review from Kaylyn Mason

“SPM was very responsive and did a wonderful job at representing my rental property.  You can tell it’s truly a team atmosphere that has your back as an owner and I’d recommend them to anyone looking to rent their property.” -Google review from Lauren Marchica

To find out more about our comprehensive property management services, contact your Specialized Property Management Dallas team today at: 214-233-7572! Put our team, experience, and ethics to work for you.