Make Your Home Stand Out With These Property Management Tips

by Administrator 18. January 2018 20:23

If you are keen on attracting the best tenants, you will have to work towards making your home stand out. If you are not sure of how to go about it, engage the services of a property manager.

Here are some amazing property management tips that will help you in keeping your home occupied by tenants for a long period of time and keep the revenue flowing into your bank account.

1. Kitchen Renovation
The kitchen is your homes biggest selling point. Strategically invest in it and see your prospective tenants gleaming up with joy at the thought of working in it. Install energy efficient appliances, change the countertops and cabinets, add a kitchen island if space permits, install cupboard organizers etc.

2. Remodel Bathrooms

A few tweaks in your bathroom can make your home stand out. First of all, make sure the plumbing is in prime condition and get faulty fixtures replaced or repaired. Get a bit creative and work on the interiors as well. You can repaint the walls, highlight the main wall with interesting tiles or pictures, incorporate soft tiles and a large vanity mirror to create an illusion of more space or anything that you feel like. You can also add a pop of greenery to give a natural feel to it.

3. Expand Your Property

Make your home stand out by expanding its space and making it look bigger and spacious. The best way to do this is by knocking out the walls between the kitchen, dining room and living room. This will instantly change the look of your property and make it airy also.

4. A Fresh Coat Of Paint
Something as simple as repainting your home can make it stand out and also give it a fresh new look. Avoid over experimenting and stick to basic colors like beige, off-white and soft grays. If you want to give the exteriors a new look but don’t want to spend on repainting, get it power washed by an expert and achieve the same new effect almost instantly.

5. Home Automation And A Security System
Instantly make your home stand out by installing a home security system. Added security instantly appeals to renters. Also consider home automation which is the latest buzz in the world of property as it adds convenience to lives of residents.

6. Landscaping
Landscaping is an intrinsic part of property management. The first thing a prospective tenant will notice is how well-kept the exteriors of the property are. Trim the shrubs, neaten up trees, get the lawn mowed, repair hardscape elements and plant beautiful seasonal flowers. Most property owners focus on the interiors of a home only and neglect the exteriors. Set a new trend and make your home’s exteriors stand out as well.

7. Work On The Flooring
Changing the flooring of a house instantly adds to its appeal and makes it stand out. Get rid of old fashioned shag carpets and invest in wood laminate flooring as it is highly economical and gives the same look as of real wood. Such flooring will be a boon for your renters as it’s easy to clean and also stain resistant.

We, at Cloud Real Estate, offer a wide range of real estate services in Killeen, TX. You can call (254) 690-3311 or visit our office at 1703 South W.S. Young Drive, Killeen, Texas 76543.

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How To Conduct Non-Discriminatory Tenant Screening

by Administrator 30. October 2017 19:28

A landlord often screens a prospective tenant before renting out the property. It is done to check whether he/she would be able to comply with terms and conditions of the lease and take proper care of the rental property. The Fair Housing Act prohibits housing discrimination and expects the landlords to follow a non-discriminatory conduct. Follow these simple tips while tenant screening to keep lawsuits at bay.

Comply With Regulations Of Fair Housing Act – The federal act has been particularly designed to end housing discrimination. The landlord is not allowed to deny renting of a property on the basis of any of the following reasons –

  • Race – Turning away the renter of a certain race or specifying that a person from a certain race would not be provided housing is strictly forbidden.
  • Religion – The US law restrains landlords to deny tenancy to a person on the basis of the religion they practice.
  • Nationality – Showing favoritism or hatred towards people of a certain nationality while renting out is not allowed. It is impermissible to ask a person about their citizenship or immigration status.
  • Disability – Law interdicts refusing a prospective tenant due to their mental or physical disability.

Hire A Property Management Company – This is advantageous because a property management company is well versed with laws of the land as well the needs of their clients.  They are experts in tenant screening and collect all relevant information while strictly following the regulations of Fair Housing Act.

Considerations To Be Made – Here is a list of various things that one needs to ask and inquire from the perspective tenant while staying in the boundary of law and being non- discriminatory.

  • Income – Of course you would not want a tenant who constantly delays rental dues.  So, a person’s income needs to be inquired to check if he/she has the ability to pay monthly rent on time or not.
  • References- It is important to have referrals from past landlords.
  • Employment– The employment status of a person is directly linked to their rent paying capability. It is often difficult for unemployed people or those with irregular employment to pay their rent and other dues on time.
  • Credit History – The tenants should be able to manage their monetary resources well. Elsewise, the landlord can deny tenancy if they have a poor credit history of late payments, bankruptcy or lawsuits.
  • Past Evictions – To avoid any problems later it is best to check out for any criminal records or evictions beforehand.

We, at Cloud Real Estate, offer tenant screening services to our clients in Killeen, TX.  For more information call at (254) 690 - 3311 or visit our office 1703 South W.S. Young Drive, Killeen, Texas 76543.

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Home Staging And Selling Tips

by Administrator 26. September 2017 13:44

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Property Management Services Vs. DIY: Tips For Landlords

by Administrator 12. August 2016 20:59

One of the most important dilemmas faced by every landlord is whether to hire the services of a property management company or oversee the home maintenance tasks on their own. Managing your property well is the key to generate consistent income from it. However, if you do not have the requisite time to maintain your rental home or are bound due to other important liabilities, it is best to hire a property management firm.

Given below are some advantages of professional property management services:

  • Advertizing: If your property is vacant for a long period of time, you need to fill it up immediately in order to avoid losses. However, finding suitable tenants is not a very simple process. Firstly, you need to advertize the property through the internet, local newspapers and online listings. A property management company can easily perform this task on your behalf. It can help you reach out to a larger pool of prospective tenants through the most effective advertizing mediums.
  • Screening the tenants: Renting your property to a bad tenant can be harmful for your rental business as he may not pay the rent on time or may even damage your property. It is important to check the financial as well as criminal background of a tenant to ensure everything goes smoothly during the rental tenure. Property managers follow a systematic approach to screen all the applicants and conduct thorough background checks. They also get references from the tenant’s employers and previous landlords to get detailed information. Doing all this on your own can be very time-consuming and you may miss out on some crucial points.
  • Save time: Property management companies have the required infrastructure and staff in place to manage the rental homes for diverse clients. They also have expertise in preparing lease agreements and handling other documentation. They know the right procedures to close the deal smoothly and prevent any sort of problems later on.
  • Resolving tenant issues: It is not possible to regularly stay in touch with the tenants to know any maintenance or repair issues they may be facing. However, timely renovations and repairs are important in order to retain tenants for a longer period of time. This is where a property management company can prove to be helpful. They conduct frequent property inspections to identify any maintenance issues, collect rent and ensure that your rental home is well-kept. 

For property management services in Killeen, TX, consider Cloud Real Estate. We can assist you in every aspect of renting out your home. For more information, you can call us at (254) 690 – 3311 or visit our office at 1703 South W.S. Young Drive, Killeen, Texas 76543.

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Property Management For Hassle-Free Renting Experience

by Administrator 14. July 2016 20:48

A rental property can prove to be a valuable investment if maintained properly. Hiring a property management company can relieve stress and minimize your accountabilities as a landlord. It can help you shorten vacancy cycles and maximize the profit on your rental property.

Here are some ways in which property management services can make your renting experience hassle free:

  • Property marketing: The professionals at the firm use advanced advertizing strategies to help you attract potential tenants for your rental home. They help in promoting your property through various channels.   
  • Lease preparation and enforcement: Having insight into the tenant-landlord laws, the property management team helps in preparing the lease.  They understand the requirements of the landlords and formulate the rental agreement accordingly. The team also makes sure that all the terms and conditions are being followed by the tenants.
  • Rent collection: The property managers reduce the burden from the landlords by collecting the rent from the tenants. This service ensures timely payment from the tenants.  However, in any case of non-payment, the team may initiate the the necessary paperwork for eviction. 
  • Tenant screening: A thorough tenant screening is conducted by the team. They validate the applicant’s credit history, criminal record and dealings with the previous landlord. They also perform employment verification which can help you find suitable tenants for your property.  
  • Maintenance: The property management team conducts regular inspections to evaluate the condition of your home. They identify any signs of damage and perform the repairs. This also helps to increase the value of your property.
  • Preparing the home for rent: The property management team will also help to stage your rental home. They will make your property stand out and attract a wider pool of potential tenants.

A property management company can help you search suitable tenants. The firm can also manage your rentals and paperwork. However, you need to research thoroughly before making the final decision. Make sure the company has a good reputation and offers quality services.

We, at Cloud Real Estate, provide comprehensive property management services to the clients in Killeen, TX. For more information, you can call at (254) 690 - 3311 or visit our office at 1703 South W.S. Young Drive, Killeen, Texas 76543.

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Property Management Services In Killeen, TX

by Administrator 13. May 2016 20:57

Renting a home is a profitable venture, but managing it requires a lot of time and energy. It can also be a tiresome and stressful task if you are renting out your property for the first time. Hiring the services of a professional property management company can go a long way in ensuring a smooth and hassle-free renting process. Some benefits of property management services are enlisted below.

Scrutinizing and Choosing ‘The Best’ Tenants

To earn maximum profits, having good tenants should be at the top of the list. Property managers can make the task easier by screening the applicants thoroughly. They make sure that the property is rented to the right people, who can maintain it well and pay the rent on time.

Assistance in Paperwork

Paperwork is the most important but time-consuming task in the rental process. A property manager comes as a sigh of relief in this case too as he can communicate with the tenants and send out official notices on the behalf of landlord. The property managers are familiar with the latest landlord-tenant laws and can efficiently handle the legalities of the renting process.

Easy Collection of Rent

Property management services ensure timely collection of rent. Due to the lease agreement and also the involvement of property managers, tenants are likely to pay the rents at the right time resulting in the increased revenue.

Hassle-free Maintenance

A property management company has tie-ups with several contractors, because of which landlords do not need to worry about maintenance of the rental home. A property manager will always employ a skilled serviceman inorder to provide the best maintenance service.

Stress-free Renting Experience

Whether it is screening the tenants, repairing a damaged property or collection of rent, everything can be easily handled by a property manager. With this, the landlord can lead a more relaxed and peaceful life, knowing thattheir rental home is beingproperly maintained. Having a professional by your side confirms a high occupancy rate by providing better facilities to both the tenants and landlord.

Cloud Real Estate is a leading property management company in Killeen, TX. We have extensive experience in serving both residential and commercial properties in the city. For more information about our services, call at (254) 690 – 3311 or visit our office at 1703 South W.S. Young Drive, Killeen, Texas 76543.

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Marketing Your Rental Home: Killeen Property Management

by Administrator 14. March 2016 15:20

Marketing your rental home helps in attracting a large number of potential tenants. However, before actually starting the whole process of marketing, you need to ensure that the rental unit is priced correctly. The rate should be in tandem with what your competitors in Killeen are offering and should neither be too high nor too less.

Listed below are some effective marketing tips that will help in filling up your rental home quickly:

  • Use the Internet: Online listings are a great platform to get in direct touch with potential renters in Killeen. There are numerous websites where landlords can list their property along with high quality images and extensive descriptions. Use multiple online platforms and websites to target the right type of tenants.
  • Take advantage of the social media: Social media websites offer a great marketing opportunity to the landlords. You can post advertizements on these websites or ask your friends to share your property details on their profiles. Apart from this, click some attractive pictures of your rental home to highlight the positive aspects and post them alongside the property details.
  • Maintain your property well: Marketing requires the best presentation efforts and therefore you need to pay attention to improve the curb appeal of your home. Maintaining the yard is important because it is the first thing a visitor will notice. Mow the lawn and decorate the yard with seasonal flowers and pots. Thoroughly pressure washing the driveway and sides will lend a fresher and cleaner look to the exteriors of your home.
  • Word-of-mouth: Letting friends, family and co-workers know that you have a vacant property is a good way to spread the word. Word-of-mouth is still one of the best forms of marketing when it comes to finding the potential tenants. If possible, keep a finder’s fee for a good referral such as simple gift card or bonus amount. This is likely to get you more positive results.
  • Newspaper ads: The concept of local classifieds is still going strong and most of the newspapers have an online version as well. You can also check out your local newspaper to know the process for getting your property listed in it. Generally, it takes only nominal fee charges to get your rental ad featured in a local paper.

We, at Cloud Real Estate, can help to attract quality tenants for your rental home in Killeen, TX. For more information on the property management services provided, call at (254) 690 – 3311 or visit 1703 South W.S. Young Drive Killeen, Texas 76543. 


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Landlord Tips For Managing Your Property In Killeen, TX

by Administrator 6. January 2016 19:27

Although investing in a rental property seems to be a great financial proposition, managing it requires a lot of responsibilities. As a landlord, you need to supervise everything perfectly so that no problem arises in the future. For this, it is important to possess knowledge about your basic duties towards the tenants.

Below are essential tips that you need to follow in order to manage your property well.

  • Get a written lease agreement: Whenever you rent your home, it is important to have a written lease agreement clearly stating information such as: name of the tenant, term period of lease, conditions for pets, security deposit etc. Information regarding rent payment should also be specified in the contract. It may be useful if you include important rental terms in your agreement.
  • Treat all prospective tenants equally: You cannot reject a prospective tenant for any discriminatory reason such as race, color or family status. You can only consider factors such as: annual income, credit score and related parameters. The screening process needs to be applied consistently on every applicant. Apart from this, you are also required to keep a written proof of the reason for rejecting a particular tenant.
  • Scrutinize your property regularly:  You will have to take the legal responsibility if your tenant suffers any kind of injury on the property due to your negligence. Therefore, you need to regularly inspect your property and get the requisite repair work done. Follow all the health and safety regulations and never behave irresponsibly with your tenant causing him to suffer physically. If any such instance takes place, you can face legal proceedings as law allows the tenant to claim compensation from you.
  • Make timely repairs: It is the duty of a landlord to make his rental property fit for occupancy in every way. Most of the states require you to provide basic features such as heating, electricity and plumbing. If you fail to do so, it is termed as violation of law.
  • Always inform the tenant before entering the rental property: Refer to your state laws in order to know when you are allowed to enter a rental unit. This is done to protect the privacy rights of the tenant. Most of the state laws allow a landlord to enter the rental property to make repairs, check the property, show it to potential tenants or in case of an emergency. A verbal or written notice 24 hours prior to entering the property is required to be given to the tenant. This rule is only relaxed in case of emergency.

If you are planning to rent your home in Killeen, TX, contact Cloud Real Estate. Our agents will assist you in every aspect and help to rent your home quickly. For more information, you can call us at (254) 690-3311 or visit 1703 South W.S. Young Drive, Killeen, Texas 76543.

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Before Hiring A Property Management Company In Killeen, TX

by Administrator 14. July 2015 11:24

Hiring a property management company is the key to a successful rental business. Whether you have a single or multiple investment properties, outsourcing the maintenance task to professionals can give you the ever desired peace of mind and a consistent flow of rental income. However, deciding which company to hire is extremely important to avoid any problems in future.

Here are some important factors that you must consider before choosing a property management company in Killeen, TX:

  • Fulfillment Of Your Requirements: Assessing your needs and analyzing if the property management company will live up to them is the first step. The agents should be able to undertake the entire renting process on your behalf, right from advertizing the home to preparing lease agreement, collecting rent and handling repair work. As the property manager will be the mediator between you and your tenants, it is essential that he offer good customer service.
  • Fee Structure: You should not hesitate to ask about the company’s fee structure beforehand. Request for a breakdown of all the charges and a list of the services provided by them. You must also ask if there are any additional costs for certain services or repair work. This will help you wisely work out on your finances and decide how much you can afford to spend.
  • Legal And Financial Experience: The property managers should be well-versed with the legalities involved in renting and real estate. They must have complete knowledge about the property laws of your state and city to ensure that you do not have to face any trouble. They should also be experienced in handling finances efficiently.
  • Easy Approachability: Ensure that your property management company can be easily approached in case there is an urgent repair work required. Find out what arrangements they have made for weekends, holidays or odd-hour emergencies. The property manager should be easily approachable and proactive in handling the maintenance requests of tenants.
  • Advertizing And Tenant Screening Policies: The property management company should have a well-defined and effectual advertizing system to attract quality tenants for your rental home. They should also follow strict procedures to screen all the applicants and rent out your home to trustworthy people. 

We, at Cloud Real Estate, provide comprehensive property management services in Killeen, TX. Our agents are experienced in maintaining both commercial and residential rental properties. For more information, you can call us at (254) 690 – 3311 or visit our office at 1703 South W.S. Young Drive, Killeen, Texas 76543.

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Tips For Choosing A Property Management Company

by Administrator 14. May 2015 15:56

Owning a rental property is a lucrative option for most investors provided that the property is well maintained. The home should be properly maintained in order to attract quality and long-term tenants. Managing a property comes with a lot of responsibilities for the landlord and he can consider hiring professional property management services. A property manager can help you manage all aspects of renting in an efficient manner. Hence, choosing the right property management company is extremely important to ensure consistent income from your investment property.

Below are some tips that can help you choose a property management company in Killeen:

  • Knowledge About Local Market: Make sure that the property manager has complete knowledge of the real estate market, as it will help in determining the appropriate rent for the property. He may also suggest cost-effective home improvements to make sure that your property remains competitive in the rental market.
  • Interact With Them: Before finalizing any company set up a meeting with the property managers to know what services they provide. Ask them about their monthly charges, advertizing strategies, repair and maintenance policies etc.
  • Ask For Three References: The best way to know about a property management company is to get in touch with their present clients. You can ask the company to provide references of clients with similar properties. Contact them and ask if they are satisfied with the services provided by the property manager.
  • Customer Service: A property manager should be responsive to handle your queries and requests on time. Keeping you informed about how the property is being managed and maintaining an active communications is also important.
  • Timely Depositing Rent: Ask the property management company when the monthly rent will be deposited in your account. Ideally, it should not take more than a week after the date of rent collection to prepare the financial statements and deposit the rent in your bank account.
  • Maintain Healthy Relationship With Tenants: Another important responsibility of a property management company is to make sure that the tenants are not facing any problem in the home. Their request for repairs and other issues must be timely handled to reduce vacancy cycles. 

We, at Cloud Real Estate, are a renowned company providing property management services for rental properties in Killeen, TX. For more information, you can call us at (254) 690 – 3311.

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