Property Management Companies Houston Texas

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Nowadays the number of real estate property owners looking for a flat fee property management company in Houston Texas has been trending.. At the time of picking a firm for managing rental real estate there’re many things to consider. While investing in real-estate can be very advantageous, investments of this nature can be difficult to look after. That is why it’s better to use a firm that are experts in managing investment real estate property. The best company can carry out a variety of essential tasks for the property owner.

The proper management company are able to deal with a wide range of jobs, including property management, portfolio management, and asset management. Many companies offer additional support services, including accounting services, as well as an IT department.

These firms also bring significant amounts of experience and knowledge to the table. Some property management establishments focus on specific varieties of property management, for example multifamily homes or luxury housing. Each property management establishment ought to have a complete understanding of the marketplace along with the requirements for a sound real-estate investment.

Hiring the best management company will even provide you with more opportunities. You can find firms that allow investors to pool their financial resources, which could provide you with entry to investments that would have otherwise been unavailable for you. If you would like more investment options, by using a firm is the best choice.

Make time to locate a firm which fits all your needs and is capable to giving assistance you are looking for. You will benefit immensely when you start working with an investment firm. Although not an IT when compared to other property management companies in Houston Texas, we are light years ahead. Our commitment to technology has allowed us to grow into more than twelve markets relatively quick compare to others.

Reasons for Using a Property Management Company in Houston Texas.

Make time to locate a firm that suits all your needs and is capable to giving help you are searching for. You will benefit greatly once you start working with an investment company. Although not a technology company per se when compared to other property management companies in Houston Texas, RentVest is substantially more advanced. Our commitment to technology has facilitated our expansion into more than 12 territories in a very short period of time.

Benefits of Hiring a Property Management Business in Houston Texas
Renting my property was tough to do on my own. Working with a property manager helped considerably. Not only did it free up my time, but it provided a lot better profits on the rental. The rental property managers that I wound up working with was able to handle everything involved with my house rental plus they were able to find the appropriate couple who were not going to cost me too much money to look after. Since they had a good screening process, they were able to find tenants who are capable of paying on time every month. It removed lots of anxiety out of the whole rental process and turned our house into a feasible income stream that we can rely on every single month.

The need to oversea a rental home on your own might be a significant hassle that you might want to protect yourself from. Making the choice to spend money on employing a property manager may be one of the best decisions you make if you are searching to rent out your own home or apartment without having it turn into a full time task for yourself. A home management company totally took over the management of our property and enhanced the efficiency in the entire process, from start to finish so we would undertake it again in a heartbeat. With all of that said it’s imperative that we mentioned that even though RentVestPM.Com is known for Property Management Companies near Waverly, Fl we also offer potential tenants a substantial inventory of rental properties in Houston Texas. So, if you are a investment property owner in or near Houston Texas looking for to improve the return on your investment we would like the opportunity to present you with a plan to make it happen. Those looking for additional details about RentVest PM please check out our property management Denver blog

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Generation Z: the Apartment Industry’s New Target Audience

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With so much buzz over Millennials growing up, getting jobs, and cornering the real estate scene, it’s no wonder we missed Generation Z sneaking into adulthood. But here they are, all shiny and new—the firstborn of the demographic that came into being between 1997 and 2010 according to Pew Research. They arrive packing ferocious street cred as the first generation to have never experienced the world without the internet, smartphones, and the instant gratification that technology delivers.

The oldest Gen Zers are heading to work while the youngest are 9. The entire generation is younger than Google. Young, mobile, and entrepreneurial, according to Forbes Magazine they are destined to revolutionize the workplace as we know it.

But for now anyway, they’re renting their first apartments

Also known as iGeneration (all 61 million of them), Gen Z’s emergence in the labor force isn’t just disrupting the workplace. They bring very different ideas and expectations to their career -building efforts than their Millennial predecessors and they have their own take on how brands sell. different expectations around how brands sell to them as well.

According to the GeoMarketing.com, by 2020, Gen Z will represent 40 percent of all consumers.

Below are three things property managers and landlords need to know to prepare for this new generation of renters:

Technology

More than any generation before it, the availability of technology is a given for Gen Z.

The iPhone isn’t a technological triumph; it’s merely a part of daily life. Because of their unique upbringing, Gen Z representatives excel at online research, have short attention spans—eight seconds, according to Vision Critical—and expect instant results.

Their short attention spans apply to the time they need to absorb content as well as the speed at which they can obtain it. A recent report from IBM and the National Retail Federation (NRF) found that 60 percent of Gen Zers will not use an app or website if it loads too slowly. The same study also found that “access to product information such as peer reviews, product specifications, and vendor ratings, empowers them to be smarter shoppers.” Gen Z-ers seek accurate information that can be easily accessed online via an efficient, visually attractive, website that is optimized for mobile viewing.

Social Media Engagement

Gen Z’s comprehension of social media makes it essential for brands to differentiate marketing and messaging for diverse channels. Research published by Barkley and Futurecast found that 77 percent of Gen Z-ers say they use Facebook more for passive information gathering than active engagement. Gen Z takes to Twitter more often than their millennial predecessors, making Twitter an ideal platform for brands to reach them with immediate, real-time marketing messages such as special offers and articles about new amenities.

Instagram is designed to inspire audiences and compelling images are crucial to reaching Gen Z audiences. Snapchat provides an ideal platform for storytelling through images. Utilizing these platforms to share photos of events and relationships formed within your apartment community is a great way to engage young audiences.

They want luxury

As they enter the rental market, Gen Z has high expectations. They arrive accustomed to upscale features and amenities. Research by student-housing development firm Servitas found that high-end community amenities are among the top trends in student housing, even if student housing residents seldom take advantage of these forms of common spaces.

Once Gen Zers start transitioning from student housing to off-campus rentals, they’ll be looking for amenities similar to those offered in college, such as yoga rooms, outdoor media walls, and infinity pools. They’ll also be seeking mixed-use buildings in busy communities with close access to coffee shops and retail, and they’ll expect to find cutting-edge wireless capabilities in any rental unity they consider.

They want green

Green, sustainable practices are also important to  Gen Z. A study by technology-led cultural consultancy Sparks & Honey found that 76 percent of Gen Zers report that they are concerned about the impact humans have on the planet. While many rental communities have already stepped up their sustainable practices to attract millennial residents, Gen Zers will be looking for energy-efficient appliances, walkability, and bike storage.

They’re young, mobile, and entrepreneurial, and they come from a world that has always known technology. As they enter into the tenant applicant screening process to rent their first homes away from mom and dad, it will be fascinating to learn more about who they are and see what their impact on the world will be.

More fun facts about Gen Z:

Destined to become the most entrepreneurial, conservative, diverse, and educated generation in the world, it’s good to understand Gen Z’s cultural exposure and how it shaped their values in employment-seeking, brand marketing, housing, community involvement and more.

  • Gen Z is the most diverse generation in history. Slightly more than half are non-Hispanic whites. (Pew Research)
  • Gen Z has a deep understanding of how technology can transform the way we work and live. That’s why 80 percent say they aspire to work with cutting-edge technology and 91percent say technology will influence job choice among similar employment offers. Eighty percent say they believe technology and automation will create a more equitable work environment. (Source: Dell)

The Economy:

  • Gen Zers receive $16.90 per week in allowance or $44 billion a year total. (Mintel)
  • Fifty-eight percent of Gen Zers are either somewhat or very worried about the future. (JWT)
  • They have a combined buying power of $43 billion and influence an additional $600 billion of family spending. (Chamber of Commerce)
  • Seventy-seven percent believe they will need to work harder compared to those in past generations to have a satisfying and fulfilling professional life. (Robert Half)

One third would like to retire by the age of 60 but only 17 percent of them think it’s possible. (Robert Half)

Employment:

  • Gen Zers worry about having the right soft skills and experience for the workforce. Research found that 52 percent are more confident they have the tech skills employers want than they are about non-tech skills. Slightly more than half (57 percent) think their education has prepared them well for future careers. (Source: Dell)
  • The top employee benefits they desire include work flexibility (19 percent), healthcare coverage (15 percent) and training (14 percent). (Future Workplace / Randstad)
  • 93 percent say that a company’s impact on society affects their decision to work there. (i4cp)

As consumers:

  • Sixty-four percent of Gen Zers are more likely than other generations to trust somewhat or completely the content on mobile apps from brands, as well as text messages from brands. (Grail Research)
  • Ninety percent will get their parents’ feedback on the affordability of a planned purchase affordable before going ahead with it. (JWT)
  • Forty-three percent say their family influences their purchasing decisions the most followed by friends (35 percent), friends of friends (23 percent) and celebrities (10 percent). (JWT)
  • Twenty-two percent of surveyed Gen-Z consumers say they trust somewhat or trust completely posts by companies or brands on social networking sites. (Forrester Research)
  • More than 50 percent identify themselves as deal hunters. (Cassandra Report)
  • Sixty-six percent say they want to own both houses and cars in their lifetimes. (Deep Focus)
  • Thirty-four percent say they want brands to reach them on social media and only 13 percent want to be contacted through snail mail. (Deep Focus)
  • Gen Z’s most used tech devices are smartphones (15.4 hours/week), TV (13.2 hours/week) and laptops (10.6 hours/week). (Vision Critical)
  • Sixty percent say they would prefer a cool product over a cool experience compared to 40 percent of Millennials. (Vision Critical)
  • Fifty percent of Gen Zers use their phone to search for a better price while shopping at a retail store. (Gen HQ)
  • Sixty-three percent are concerned when it comes to protecting their identity when paying with a debit or credit card online or in a retail store. (Gen HQ)
  • Thirty-eight percent try to use rewards every time they shop. (EY)
  • Forty-six percent value special offers via email. (EY)
  • Sixty-one percent research products on a mobile phone at least weekly. (Forrester Research)
  • Ninety-three percent of parents say their Gen Z kids influence family spending decisions and household purchases. (Cassandra Report)

Gen Z’s as investors

  • Fifty-seven percent of Gen Zers would rather save money than spend it. ([The Intelligence Group)
  • Seventy-six percent spend money on themselves, while 62 percent save it, 38 percent spend it on things for friends and family, and 10 percent give it to charity. (JWT)
  • Their top financial goals are buying a car (33 percent), paying for education (23 percent) and buying a house (20 percent). (Visa)

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