Property Management Education

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Instead of staying at a hotel, more and more vacationers and travelers are choosing to stay in short-term rentals they find through online rental services like Airbnb, VRBO and many others. Such short-term rentals can be a great alternative to pricey hotels, but they aren't for everybody. Kyle discusses the pros and cons of short-term rentals.

www.TNT-Properties.com

At Asset Hero Property Management we offer a proven advertising and marketing campaign we are proud to offer you to market your most valuable asset! Regardless of what package you choose, we want you to know that we have your back.

Renting your investment is a risk all in its own. You can’t help but think what you can do when a tenant doesn’t pay.

We’re here to alleviate that worry! We collect rent on time and eliminate the risk of nonpayment. If we are unable to collect the full amount of rent, you will receive all late fees associated with the late payment for that month. You shouldn’t have to suffer from nonpayment of rent — you should only benefit from the actions of your property manager! Rent guarantee is included in both the silver and gold packages.
**terms and conditions do apply**

https://www.assetheropm.com/property-management-education/

Preventing HVAC maintenance is difficult as a property investor. 75% of Tenants do not change their air filter like they should, which in the long run will cost you, the investor, thousands of dollars. It's maddening to think about, if only the Tenants changed their filters!!

It's hard to pin unwanted HVAC expenses on the Tenants as well, because the root cause of the issue could be from two or even three sets of Tenants ago, and not be from the current Tenants. So generally, the owner is responsible for make these repairs.

The solution Asset Hero offers is our Air Filter Replacement Guarantee. With this, we send our Tenants, under our lease, the correct size and number of filters that the property requires on a monthly basis via mail. These filters are custom sized for your property, and also include an expiration date on each filter. This alone drastically increases likelihood that the Tenants change the filter monthly, as they are getting a reminder with physical mail to do it.

Additionally, Asset Hero will make it a point to physically go by the property at least quarterly to insure that the filter in the return has not expired. If it has, we will change it right then and there to insure max efficiency for the Tenants, and preventative maintenance for you, the owner! A win win!

One of the biggest downfalls owner investors continuously make is failure to realize the importance of marketing. In today's day and age, now more than ever, tenant prospects want to be able to view the entire property, and know all details before they even decide to step foot into the property to view, that is even if they actually want to view it.

Providing things like an interactive 3D virtual tour, and schematic floor plan, and professional photos, are crucial to your success as an investor. In a college town like College Station, there are thousands of investment properties all wanting the same thing, a good tenant. Stand out of this crowd by providing what most investors fail to provide. You will lease faster, and for increased amounts, by BRINGING YOUR PROPERTY TO LIFE, virtually at least!

Learn more here!
https://www.assetheropm.com/category/blog/

Worried about your vacancy sitting empty? Let our team handle the advertising & promotion of your listing with our results driven marketing. We work to get your property in front of a large local audience using cutting edge technology!

In this video, Asset Hero Property Management President, Kyle Dwyer discusses the four key factors for landlords deciding between self-managing their rental property or hiring a professional property manager to do it for them.

For more info visit:
https://www.assetheropm.com/

The top 5 fees you can expect to pay when hiring a property management company: The most common question I get from potential clients is how much does a management company cost? A good management company’s fees and cost structure should be transparent and straightforward, which can be hard to decipher. There should be no hidden fees!
1. management fee 2. Lease fee 3. Renewal fee 4. Inspection fee 5. Maintenance fee

Turnover can be one of the two most expensive scenarios for a property investor! Unfortunately it is unavoidable, especially in a market such as Bryan/College Station where you have college students renting your properties. Proper management will help keep the high costs at a minimum, however it takes time for the effects of proper management to kick in. Many times, when we take on management of a property that was being improperly managed, it can take up to 12 months to reverse the problems that derived from it!

Additionally, because it is unavoidable, why not take advantage of the turnover? What I mean by that is to do the things you cannot normally do while it is vacant! Many times a turnover is less than a weeks time, so you must plan for the things you want to do. Here is a list of items I recommend to take advantage of during a turnover:

Upgrades to the property
New flooring
Fresh paint
Modernize the property
Upgrade counter tops
Improve curb appeal

Marketing
Photos
3D virtual tours
Additional Marketing items
Video walk throughs

This is just a small list of things to think about while the property is sitting empty. These things may come at a cost, but that cost is made up ten fold with the return you get from them, such as increased rent, less turnover, and greater visibility.

For questions, feel free to reach out to us anytime!

Property maintenance is the strategy and tasks involved in keeping your rental properties in good condition.
Asset Hero keeps your property maintained to maximize its value. In turn, this can give us a chance to maximize rental prices and even be more selective about tenants.

Read more here:
https://www.assetheropm.com/asset-hero-property-management-property-management-done-right/

The main difference between assets and liabilities is that assets provide a future economic benefit, while liabilities present a future obligation. Knowing how to utilize this valuable understanding in life can take you from the consumer mentality to an investor mentality.

When owning an investment property, there are a lot of factors that go into play when it comes to maximizing your overall cash-flow. After all, that is the reason you acquired the property in the first place. Other than choosing the right investment to purchase, the single most important decision you need to make is who will manage the property? Yourself or a Property Manager?

It you go down the self-manage road, you may be thinking that you will safe money; think again! Here are a few things to consider before you self manage an investment property.

A quality property manager works the most when your investment property is vacant to make sure it won't happen again!

Learn more about vacancy with our Property Management Education Blog:
https://www.assetheropm.com/bryan-college-station-property-management-blog/

Before I became a property manager, I wanted to learn all aspects of the business. Maintenance is a huge part of management, so I worked for a small maintenance company while I was getting my real estate license. This was the best decision I ever made. Too many property managers and property owners out there don’t know a single thing about maintenance.

Learn more on our website:
https://www.assetheropm.com/rental-maintenance-repairs/