As an urban area of the DFW metroplex, Addison offers abundant opportunities for real estate investors to take advantage of a population where around 80% of residents rent their homes. Located just north of downtown Dallas, this suburb offers good property values, a vibrant economy, and the best expert Addison property management company to help investors capitalize on one of the country's best investment markets
Residents work and play in this active area, complete with plenty of restaurants, retail, and recreation—many of which are within walking distance of homes and apartment buildings in the community. Plus, Addison provides easy access to major highways to enjoy amenities or commute to jobs throughout the metroplex.
If you're not already investing in this area, it's time to consider it! Here's how RentHub helps investors maximize their investments in the in-demand area of the Dallas-Ft. Worth metroplex.
The Maintenance Your Properties Need
From foundation issues to hail-damaged roofs, Addison homes can have a rough time throughout the year. Without ongoing care, rental properties can quickly fall into disrepair—leading to unhappy renters and lost income.
Only the best local property management experts know the best maintenance plan for each of your rentals. Not enough attention means investors deal with expensive repairs that could have been prevented before they ever happened. Poor-quality maintenance services also drive renters away and leave investors with empty properties no one wants to rent.
Our expert Addison property management maintenance strategies help you make more money! We deliver:
- Routine inspections to keep an eye out for (and prevent) significant problems
- Preventive maintenance to prepare your rentals for each upcoming season
- Prompt responses to resident maintenance emergencies
- Approved contractors that pass our vetting process before performing work in your properties
We're available 24/7 to receive and respond to emergency maintenance problems. When your renters get a prompt response, they feel heard and cared for. When we take care of emergencies when they happen—without delays during nights and weekends—we prevent more damage and reduce repair costs for investors.
Happy renters renew their leases! We prioritize professional maintenance services for your Addison rentals to help you make more money.
The Renters You Want to Stay
Excellent maintenance helps retain renters, and we make sure the renters who want to stay are the renters you want to stay.
Bad renters cause expensive problems, including not paying the rent and damage to your properties. However, without a thorough screening process, investors can't know if they're placing a good resident or a potential headache that just moved into their property.
There is never an appropriate time to skip the renter screening process, even if an applicant seems like they'll pay the rent on time and follow the rules. Scams are alive and well, and professional tenants love to take advantage of rental property owners desperate to place a new resident and end a prolonged vacancy.
With our Addison property management experience, investors don't have to worry about risking your rental (and income) by placing a bad resident. Our screening process includes:
- A thorough background review, including credit history, employment and income verification, criminal history, prior rental history, and checking references
- Establishing legal criteria and follow the law to avoid discrimination claims
- Handling private data according to the FRCA (Federal Credit Reporting Act)
- Pet screening (if applicable for pet-friendly properties)
We never cut corners when it's time to find a new Addison renter for your rentals! With our experience and expertise, we also reduce vacancy times and place renters who are more likely to renew their lease. You'll want the renters we choose to stay for another lease term—and we offer a Smart-Screen guarantee to back our renter placement services and your satisfaction with the renters we place in your rentals.
The Day-to-Day Tasks to Keep Your Properties Profitable
Delivering professional maintenance and selecting the best renters are two significant aspects of real estate investing success—but what about everything else? Managing a rental property is a full-time job. Even if you're local to your Addison investment properties, taking care of everything required to make money will quickly take over your nights and weekends. If you're an out-of-state investor, you can't be here enough to handle the day-to-day tasks of a profitable portfolio.
Investors need the best property management team to handle the daily tasks and help you build a successful rental property portfolio! Having trusted partners here on the ground is the best way to maximize your investments.
Finding the Best Properties (Without Guesswork)
Not every available single-family home, townhome, or apartment building in Addison is a wise choice for your real estate investment portfolio, but how can you know? Investors need research and expert insights to buy the best properties to add income to their long-term wealth.
Our team helps investors with the best rental analysis to evaluate the potential for properties before making a purchase. We also apply routine rental analysis to make sure your properties stay competitive with the best amenities and monthly rental price to keep your rentals in demand.
Collecting the Rent (On-Time)
Well-maintained houses and excellent renters won't make any money for you if you don't collect the rent! Today's renters look for convenience when paying the rent. Our cutting-edge technology makes it easy for residents to pay the rent online (on-time), so investors get paid on time, too. We reduce late payments by 25% with our rent collection methods!
Enforcing the Lease (So You Don't Have To)
When renters don't follow the rules, investors lose money. From late rental payments to damaging your property or failing to stick to their responsibilities to care for your property, residents must follow the rules throughout their lease term.
Enforcing the lease is a critical aspect of maximizing your income, but being the "bad guy" isn't always fun. With our Addison property management team, investors don't have to deal with residents or hold them accountable for following the rules. We do it for you!
While we apply compassion when and where it's appropriate, we also stick to the lease to make sure investors don't lose money. Our team ensures that residents:
- Pay the rent on time (or face late fees)
- Take care of your properties (or pay penalties)
- Follow the rules (when pets are allowed and when they aren't)
- Don't use your properties for illegal activities
We also uphold our responsibilities outlined in the lease to care for your renters and properties while avoiding potential lawsuits.
Make More Money With Addison Rentals and Property Management!
Don't leave money on the table! Make more money with your rentals and professional Addison property management! RentHub specializes in the care of DFW Metroplex rental properties and residents to help real estate investors maximize their investments and long-term income. From expert maintenance, renter selection, and every detail in between, we're your best local resource for more success.
Contact us to learn how we can help you do more in one of the best investment markets in the country!