Property Management Companies Bryan Texas

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Are you a real estate rental property owner in or near Bryan Texas? Ask yourself, do you know what your current property management company is going to charge you next month?

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Welcome to RentVestPM.Com’s all new website if you have been searching for a reliable rental property management firm in Bryan Texas you have found the right site. If you’ve had a bad experience with any of the many property management companies in Bryan Texas we would like the opportunity to show you how RentVest Property Management can put those worries aside.

What do property managers in Bryan Texas do? Are you aware what Property Managers do? The truth is they perform several functions, with one of the main things being rent collection. rent collection could be a demanding job for many propery owners. The more tenants they have got to look after, the greater the task it is to keep up to date with rent collection, however property managers take care of the entire rent collecting process.

Additionally they deal with repairs issues. For example, they are able to send a maintenance guy to perform ordinary maintenance or give maintenance services when they are needed. All you need to do is agree to payments or pre-approve payments beforehand, that way the property manager will not need to contact you every single time fixes has to be done.

Finding prospective tenants who will pay their rent on time is another thing property managers see about. They can run credit checks, conduct interviews and perform a thorough background check. They know things to look for when it comes to choosing renters.

Bookkeeping is generally offered with the help offered by property managers. They can maintain accurate records, which prove useful when the time comes to file taxes. Accounting is hardly a fun task, but it must be done and it needs to be done correctly, which is the major reasons landlords should use property managers.

Working With a Property Management Company in Bryan Texas!

Hiring a property management person will cost you money, but it really will save you a lot of time. For those who have real estate that you own and rent out to renters, be they professional or private, then you have many things to care for. If it is only 1 or 2 units, maybe you might remain on top of it all, but when you have more than two, things might get problematic rather quickly, and property management will become a permanent job, which can be that thing you were trying to evade or curently have.

A real estate management company can stand between you and the tenents, managing communications with renters, maintenance requests, yard work, as well as accepting and putting out tenants when required. In exchange, the property management company receives a portion of the rent for their time, before passing the balance to you.

As a property owner, your profit margin falls, yet your schedule becomes completely free. Also, good property management services are really worth the money considering how they can eliminate horrid renters that set you back money, keep your properties in great condition, and locate stable tenants that lessen your vacancy rates and provide you with steady and reliable rental income.

RentVest domination more than 12 markets as taking many other property management companies in Bryan Texas off guard. The truth is that Bryan Texas property owners had been searching for a flat fee property management firm in Bryan Texas for quite a while but he appears that they were not paying attention. RentVestPM.Com is the company of chores for many investment property owners throughout Bryan Texas and we would like the opportunity to show you how we make owning rental real estate easy. Those looking for more details about RentVestPM.Com please visit our blog…

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ADA Compliance: Investment Property Management Tips for Compliance with the Americans with Disabilities Act (ADA)

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The Americans With Disabilities Act (ADA), is a civil rights law that prohibits discrimination based on disability. The ADA requires covered employers to provide reasonable accommodations to employees with disabilities and imposes accessibility requirements on public accommodations. It can also be an investment property management issue.

The ADA Standards establish design requirements for the construction and alteration of facilities to accommodate wheelchairs, which is subject to the law. These enforceable standards apply to places of public accommodation, commercial facilities, and state and local government facilities.  Apartment and residential communities that were constructed both before and after the ADA was enacted in 1990 are required to provide disabled access to all public areas, including rental offices, event spaces, and public restrooms. An ADA apartment must also be easy to enter and exit, particularly for people who use a wheelchair.

ADA Protection

The ADA protects people with disabilities. Disability is a broad term that covers a wide range of conditions, some of which are visible and others are hidden. By law, property managers may not ask about the exact nature of a person’s disability, but ADA Standards require it to be a physical or mental disorder that substantially limits life activities.

Among the disabilities covered under the ADA are:

  •  Mental illness
  •  Visual impairment
  •  Mobility impairment
  •  Noncontagious diseases

In 2016, an estimated 12.8  percent of Americans were reported with disabilities. Disabled people may have trouble caring for themselves or performing manual tasks. Ambulatory disabilities, which affect a person’s mobility including walking, are the most common types of disabilities in the U.S. Ambulatory disabilities affect more than 6.6 percent of the population. Other types of disorders covered under the ADA include some affect a person’s ability to concentrate, disorders that affect a person’s ability to communicate, and others that impede social interaction.

Reasonable Accommodation

Reasonable accommodation refers to the rules, policies, practices or living environment under the Fair Housing Act (FHA) that accommodates someone with a disability and does not create an undue hardship for the investment property management team. The goal of the reasonable accommodation clause is to provide tenants with the ability to experience the full benefits of living in the community.

An example of who benefits from the right to a reasonable accommodation is someone who owns a service dog that by law cannot be refused to entry to a no-pet apartment community by a landlord or property manager. Another example, if a disabled apartment resident who is restricted to a wheelchair lives in a building with laundry facilities are strictly for tenants only, the disabled tenant may ask for accommodations to allow a friend or family member inside to help with their laundry.

When a tenant requests a reasonable accommodation in a rental property, the apartment manager is allowed to require verification of the disability. However, asking for further information about the extent or severity of the disability is prohibited. Once a request is made, the property manager or landlord must respond “promptly, without undue, indeterminate or unjustified delay.”

Financial Responsibility for Modifications

Property owners are usually responsible for the cost of reasonable accommodations, whether it be a designated accessible parking spot or adding a wheelchair ramp to the complex entrance. Most accommodations are free or low-cost to implement.

When it comes to interior modifications made to an apartment, those costs are the tenant’s responsibilities. Modifications may include adding a handrail in the bathroom or removing carpeting for allergy control. Renters who modify an apartment for the length of their tenancy are also responsible to restore the apartment to its original state upon the landlord’s request. However, the tenant is often able to negotiate with the property manager to move out without restoring the apartment to its original state.

Common ADA Myths

Since the day it was signed into law, ADA has been the target of myths and conjecture aimed at its regulations and their meaning. One of the most outlandish myths claims that ADA lawsuits continuously flood courtrooms. Fact is, of the millions of businesses, employers and entities that must comply with the ADA, only 650 lawsuits were filed  in five years.

An unfortunate result of this apocryphal may have caused some property managers to be wary of dealing with disabled tenants.

Another myth claims that older or historic buildings are exempt from ADA guidelines, which is not true. All buildings are required to make public spaces accessible to those with disabilities. However, buildings constructed or renovated after 1990 and 2010 face stricter regulations when it comes to design.

Still another myth claims that organizations that settle an ADA lawsuit cannot be sued again, which is also untrue. If a violation is discovered even after a settlement, a disabled person has the right to file suit to ask for modifications from an employer who has been sued and settled or sued and lost in the past. Settling an ADA lawsuit does not exempt employers from future compliance. It’s best for property manager and landlords to understand ADA guideline and keep up with compliance at their rental property.

Improving ADA Compliance at a Rental Property

To improve compliance at your rental community, start by reviewing the ADA guidelines.  The regulations that apply to your property are determined by the year your apartment building was constructed.

General compliance ensures all indoor and outdoor passageways such as sidewalks, ramps, and elevators are accessible. Doorways and entrances should have enough clearance for wheelchairs to fit through and maneuver. If your rental property is expansive, consider installing a chair lift—a seat that moves along a motorized rail that can help tenants with disabilities get around the property. Of your building has two floors or more and does not have an elevator, consider installing one. Additionally, provide handicap-only parking spaces near the entrance of the complex.

Provide large-font copies of relevant paperwork to visually impaired tenants and keep extras handy for new applicants who may need them— including rental applications and leases if you still use paper forms for those purposes. Provide guests with an easy way to communicate with the project manager when the need arises, through email, a tip box or a dedicated tenant phone line.

ADA Compliance for Investment Property Management Teams

ADA compliance shouldn’t seem complicated. Research the specific regulations for your building, avoid common misconceptions, and determine if improvements are needed and if so, how to make them. If a tenant makes a request based on a disability, ask for verification of the disability, determine if the request is reasonable and if so, implement the requested change. That’s the mark of superior investment property management.

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