Being a successful landlord requires constant dedication as well as involvement. Not only you need to rent out your property in the shortest possible time, but also work towards keeping it comfortable for the tenants in order to decrease turnover. Though owning a rental property in Harker Heights, TX may seem to be a profitable investment at the onset, there are a lot of things that you need to keep in mind if you want to generate a consistent income out of it.

Given below are a few tips to manage your rental property in Harker Heights:

Advertize It Properly

Let maximum tenants know that your rental home is available for rent. Selecting the right mediums to advertize your property is the key to attract quality tenants and increase the demand for your rental home. Post your property’s details in major online listings. Include high quality photographs and clearly mention the rent, location occupancy, pet policy, amenities provided as well as other important details of your property. You can also host an open house to let the tenants view the property.

Thoroughly Screen Tenants

Finalizing the most suitable tenant from multiple applicants is another tedious task involved in renting your home. Make sure you thoroughly check the background of the potential tenant before giving him the keys to your home. Verify his income, credit rating, criminal record and other important details. You can also get in touch with the tenant’s employer and previous landlord to get more information about his general conduct.

Be Proactive With Maintenance Work

As a landlord, it is your responsibility to ensure that the tenants do not face any problem in the rental home. You should frequently inspect the property and identify any pending repairs. Any faulty appliance and electrical or plumbing issues should be immediately dealt with to avoid a major mishap. Make sure that you do not delay the maintenance and repair tasks as well as keep your property in an optimal condition throughout the duration of the lease.

Lastly, you should set a stringent rent collection policy and inform every tenant about the consequences of late payment. Mention the rent due date and late payment charges in the lease agreement to avoid any problems later on.

If you are looking for property management services in Harker Heights, consider REAL Star Property Management, LLC. We can help you reduce vacancy cycles and reap maximum profits from your rental home. For more information, you can call us at (254) 693 – 7850.