All Forum Posts by: Brad Larsen
Brad Larsen has started 9 posts and replied 348 times.
Post: Tenant lost keys - wants lock replaced
- Property Manager
- San Antonio and Austin, TX
- Posts 377
- Votes 380
Quote from @Jennifer Ndunda:
I have a tenant in northern VA that lost keys to the apartment. I came by and gave her copies of the keys and did not charge her for it. She is now asking for the locks to be changed as a result of her losing the keys. Who is responsible for paying for the change in locks? If the tenant is responsible can I deduct this from her security deposit or add it to rent? Thanks!
Hopefully, you have language in your lease regarding lock-outs and fees. Definitely should be tenants responsibility to pay for thier request.
Brad
Post: Continue to offer pest control?
- Property Manager
- San Antonio and Austin, TX
- Posts 377
- Votes 380
@Charles Burgess As a PM Company, we tried this with a 3rd party, added the service bundled into our Resident Benefit Package that the tenant pays monthly. After an audit, with what we collected vs. pest control requests, the average cost was about $750 per request, so we lost on that concept.
That said, definitely not a fan of offering this program as inclusive to tenants.
Take Care,
Brad
Post: Are SFH rentals viable in San Antonio?
- Property Manager
- San Antonio and Austin, TX
- Posts 377
- Votes 380
@Nathan Mabery Absolutely, with population growth year over year, military, etc. SA and surrounding areas are prime locations for investments in SFR's.
All the best,
Brad
Post: Looking for Property Managers in the SLC area
- Property Manager
- San Antonio and Austin, TX
- Posts 377
- Votes 380
Quote from @Matt C.:
Any solid recommendations are greatly appreciated!
For SFR's? Condo, or Multifamily? Welch Randall (Brad Randall-owner/Broker) offers a variety of services in that area, you may want to check them out.
All the best,
Brad
Post: Newbie here interested in Texas
- Property Manager
- San Antonio and Austin, TX
- Posts 377
- Votes 380
Quote from @Emily Belen:
I have read that Austin, Dallas, and Houston are good investment areas. Looking for a duplex and real estate agent that can help me with this market.
If you are thinking of looking into Austin, New Braunfels, or San Antonio or surrounding areas, here's a good contact for you
https://www.salewerx.com/damia...
Best of luck to you,
Brad
Post: Need help finding an outstanding Property Management Company in Cypress, Texas
- Property Manager
- San Antonio and Austin, TX
- Posts 377
- Votes 380
@Priti Patel Rich Drake out of Houston- Renters Warehouse-Houston serving Houston and surrounding areas.
All the best,
Brad
Post: Property Management - SATX?
- Property Manager
- San Antonio and Austin, TX
- Posts 377
- Votes 380
Hello! I would start your search with NARPM. In addition to the questions above, I would add:
1) How are utilities handled?
2) What is the reserve amount?
3) Does the PM pay taxes/HOA dues/Insurance etc...
4) Average days on market
5) Policy on late rent
Happy to discuss if you have any questions. Happy investing!
Post: Research Question - Red Flags when interviewing Property Managers?
- Property Manager
- San Antonio and Austin, TX
- Posts 377
- Votes 380
Great Question! I think it comes down to good communication both ways. Here's an article I wrote a few years back:
https://www.biggerpockets.com/forums/52/topics/402958-investors---are-you-a-c-class-landlord
Brad
Post: Property Management in Boling, TX
- Property Manager
- San Antonio and Austin, TX
- Posts 377
- Votes 380
@Tafford White You may want to look at joining NARPM and you can get plenty of resources in TX through the local chapters. www.NARPM.org
One free resource is the facebook group for PM's, you can post in that forum as well to see if anyone has a referral for you - PMMastermindGroup
All the best,
Brad
Post: Omni Key Realty insight for investors in North Texas.
- Property Manager
- San Antonio and Austin, TX
- Posts 377
- Votes 380
@Colby Burns Agreed regarding the PM side with them (A member of my spouses family had a horrible experience with them) Regarding the construction side, I cannot speak to. Here's an old article I posted a few years back - Key is good communication.
You may want to listen this as an investor:
https://www.biggerpockets.com/forums/52/topics/402958-investors---are-you-a-c-class-landlord
Best of luck!
Brad