McKinney is a friendly town in North Texas where everyone knows everyone else. You pass someone in the street and they say “Hi” because they recognize you. OK, they might not be a relative or your second best friend, but because the population is small everyone gets to remember faces. This is much nicer than living in a huge urban population such as central Dallas where there is no “connection” because there are simply so many people.
Some people who live in McKinney, and own another property there that they want to let out might choose to do so by looking for a property manager in McKinney, who might be a relative or a friend. There is nothing wrong with that. You can pay your friend a fee for looking after the property for you and you get the benefit of the rent.
That’s all very well, but what if your friend goes sick? What if your tenant has an emergency such as a plumbing or electricity fault and rings your friend to try and get it sorted out, but your friend has gone to Canada for a skiing holiday for two weeks? It can cause serious problems, not just for your tenant but for you also if there is water flooding your property and the tenant doesn’t know what to do about it.
What About An Eviction? Yes, We Manage That, Too, as a McKinney, Texas, Property Management Co.
Suppose your tenant doesn’t pay the rent and your friend has to supervise an eviction? Seriously??? Anyone who is not a property manager in McKinney wouldn’t even know where to begin.
So you often want a property manager in McKinney that has more resources to manage your home. Letting out a property may seem a simple operation on the surface. After all, you just advertise it and people will come along with money in their hand. It’s not difficult. Is it?
Well, no, it really isn’t that simple. Yes, of course, you could just get lucky and find a good tenant who pays the rent on the dot, doesn’t take liberties, and lives in peace and quiet. Then again, you might not.
The question is: how do you know? You might have to interview a dozen prospective tenants before you find one that seems suitable, and even then you don’t know. What is their credit score?
What happens if there is a violent storm and the shingles blow off the roof? Your tenant phones your friend who is looking after the property for you but who has no contact whatsoever with local tradesmen who can be called out at a moment’s notice.
You are far better off with a property management company in McKinney who has all the contacts that will ever be needed, and also has the skills and experience to deal with any and all situations. Yes, you could take a DIY approach, but why take the risk?