Working with a professional offers peace of mind. It allows you to live your life without the constant worry and time required to manage rental property. Rental property management is highly regulated and not knowing the rules could cost you time and money. Also, do you really want a call at 1:00 am for a leaking water heater? Let us handle the details.
Austin Residential Management is an individual Broker-owned Texas Limited Liability Company. In Austin, most management companies are either a mom and pop operated company or a large corporate business run by people in another state. Austin RM is a local and professionally operated company.
Larry Park started in property management by managing properties that his clients purchased. When it comes time to sell or to add to your portfolio, we can help. Some companies will say they only do management. If so, they are probably not experienced or qualified to represent you with the purchase or sale of a property. The purchase or sale of a property is handled through Park Realty.
We manage property in the Greater Austin area. Our Service area includes Travis, Hays, and Williamson counties.
All fees are negotiable. The basic costs are a monthly fee based on gross rents. We also charge a leasing fee for finding acceptable tenants. These are the two main costs of having a property manager.
The tenant’s deposit is held in a trust account according to Texas Real Estate Commission rules and regulations.
Statements and fund transfers are sent about the 7th of each month depending on weekends and holidays. You should get both the fund deposit by ACH and your statement emailed within 24 hours of each other.
We will walk your property and let you know what is needed. Many times a rekey, smoke alarms and CO2 detectors are only items needed.
We will send you a sample property management agreement to review. After all the questions have been answered, we will send you an agreement to be signed on-line. We will also have a property owner’s information form for you to fill out. For the most part that is what we will need to get started.