Investment Property Servicing

As investors ourselves, my team is prepared to handle your unique demands of
investors. We anticipate your questions and come prepared with answers

We specialize in buying and selling properties in Central Austin to investors. Our system
is simple 1. Purchase home for investors, 2. Providing Student Housing for the
University of Texas students in the homes purchased, and 3. Increasing rents so that
the equity in the homes increase based on the cash flow coming to the investment.

No one has such razor sharp focus as Perry and his team.
It's simplicity is its greatest strength.


Service Fees and Expenses

Monthly Service fees
8% - 10% on month of the monthly rents
(For every deal you do with me or every closed referral, I take off 1% per property)

Other Service Charges -
Property Placement - 35% if we place them -
100% if place them with the help of a co-operating broker
One Time Fees - Cost plus 20%

Special Services
Monthly grass cutting, trash removal, cleaning, and washer and dryer rentals are available
(Call for Price)


Under a typical service agreement, this is what we do for you:

1. Provide our "Intelligent Property Management Software."This software allows your tenants access to the largest self help guide on the internet today. Try a Demo

If the tenant expirences a problem, instead of calling the property manager and ordering a service person, the tenant goes online to www.perryhenderson.com and files a service request online. Before the tenant can order the service person, the software:

A. Provides "fix it yourself" information to common problems.
Many times this is where the great savings is made.

B. Offers tips to improve effiecency of the equipment and provide a better home to live in.

C. Reminds the tenant of the policies of the property. For example, repair charges incurred by them for the repair.

D. References the lease were by the tenant agreed to pay for the first $50 of any repair
(another Perry Henderson exclusive)

2. Inspect Property to establish marketability (The Market has changed. Are you asking the right amount of monthly rent? Are you too high or too low? Too low and you lose money; too high and your property stays un-leased for many months OR your current tenants move out to a better deal.)

3. Inspect Property to establish if it meets legal Code (This reduces your liability.)

4. Advertise Property and arrange for cleaning if needed (with your permission, of
course.)

5. Obtain qualified rental applications

6. Obtain Security Deposits and additional Pet Deposits if you allow them.

7. Screen all applications (to protect your investment and keep your neighbors happy.)

8. Check credit on new applications (Are they responsible? Do they care?)

9. Verify past rental history on new applications (Did they skip out in mid-lease or do damage where they last lived?)

10. Call YOU the Property Owner to discuss all applications.

11. Verify property condition on move-in/move-out. (Who should pay for damages?)

12. Meet Resident to sign lease (Lease designed to protect You and reduce liability.)

13. Explain Policies designed over 2 years to new Tenant. (These ensure Tenants' safety and reduce your liability. Example: No Parking on grass or cutting trees down.)

14. Re-key to meet Texas Property Code if needed. (We keep a copy of the key.)

15. Meet new Resident to give keys at move-in. (You have better things to do.)

16. Arrange for Repairs if Needed. (Owners Have Final Approval.)

17. Send Rental Income to Owner monthly (If desired and on an individual basis)

18. We field calls from Tenants (you can relax at home and not be bothered.)

19. Collect Bids if needed on repairs (to keep expenses low.)

20. Meet repair person at Property if needed.

21. File Evictions if needed (Proper Screening will reduce the chances of Needing to do this.)


 
 

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