Leasing single-family homes in Plano is not the easiest of tasks. There are so many different things that you need to do, not the least of which is comply with all the state rules which involve a lot of paperwork.
Quite a number of people in Plano have properties that they wish to lease, and it makes a considerable amount of sense. You may be an investor who sees the profit available in buying a property and leasing it for the simple reason that you get steady rent coming in – or at least, you should – while the property increases in value over time. You may have inherited a property – as many people do – and take the same view. You don’t need two homes in which to live, so you could either sell and go for the quick cash or lease and have an extra income every month and property that you can sell whenever you choose.
It is a very good thing to do: income on a continuing basis and investment that continues to increase in value. What’s wrong with that?
The Leasing Part Is Not So Easy; Finding a Leasing Agent in Plano Is
Nothing whatsoever – except that the leasing part is not as easy as you might be forgiven for thinking. As a leasing agency in Plano, Texas, we know only too well.
First you have to advertise the property to rent, which obviously costs money. Then you have to interview any prospective tenants and try to settle on the one that looks although they will (a) pay the rent on time every month and (b) look after your home as though it was their own.
How, exactly, do you do that? What criteria do you use for finding a reliable tenant? Assuming that you do find a tenant who looks reliable, there is then all the paperwork that needs to be handled before the tenant is installed.
But it can get tricky, even though you may have a trustworthy and reliable tenant. That is because things can go wrong. What do you do when your tenant calls you at 11.00 pm and tells you that there is water coming through the bedroom ceiling? What do you do it if your tenant falls on hard times because of something like Covid-19 and can’t pay the rent, yet will not leave the home?
These are just some of the reasons that property owners use us as a leasing agency in Plano, Texas, or more properly, property management company, to take care of all that for them.
This gives you the best of all worlds: you sit back and collect a rent check every month and that’s all you have to do: put it in the bank. As your leasing agency in Plano, Texas, at North Texas Property Management we take care of all the rest of it.