Hear what our Happy Customers have to say...

“Grounded Investments uses Real Property Management in Dallas and Houston exclusively for managing our rental properties. We specialize in buying, selling, and managing Bulk Portfolios of residential property. We are one of a few select companies, which are allowed to buy directly from the largest banks and due to the high volume of transactions and time constraints, we needed a company that could accommodate our needs by handling inspections, remodeling the homes, and leasing them quickly to qualified tenants. RPM has been able to meet our many needs and has allowed us to provide an effective strategy for our individual investors. They can buy rental houses at wholesale prices and Real Property Management will handle their property management needs or just provide leasing services to those investors who wish to manage the homes themselves.

We work closely with Real Property Management to help us determine the best areas, types of properties, and the price ranges to purchase these rental properties, which provides our customers the best opportunity to maximize their return on investment. Real Property Management has assisted us and allowed us to expand our services and knowledge of the rental markets, which has directly benefited our clients. We feel they are the best property management company in Dallas, Fort Worth, and Houston.”

 

John Heilman, President
Grounded Investments, LLC

 

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Are Your Homes for Rent in Dallas, TX Risky? PDF Print E-mail
Thursday, 12 January 2012 15:39

Cover the Bases of Your Dallas Rental Home Investment

It's pretty safe to say that almost everyone is interested in making more money whether they want to save more for retirement or want to go on vacation. Many local people are earning this extra money by purchasing homes for rent in Dallas, TX. In fact, you may even be one of these people.

While owning Dallas rentals is a great idea and can bring in a substantial amount of money each month, it can be a risky investment also. Many beginning investors don't realize all of the things that can go wrong with their homes for rent in Dallas, TX that can cost them quite a bit of money. Below are a few ways to protect you and your properties better, which will lower the risks you assume when you purchase these investments.

  • Good Insurance – Of course you wouldn't dream of living in a home that is uninsured, right? Well, you should have the same mindset towards the Dallas houses for rent that you own. It's pertinent that you have good insurance policies that cover your rental properties; otherwise you may find yourself losing money with these properties in the event of an accident.
  • Require Renters Insurance – If you're really serious about lowering your risks, then you should require that the tenants of your homes for rent in Dallas, TX purchase renter's insurance. Renters insurance is very inexpensive and it provides more coverage for the tenant in the event of an incident. Since tenants can make claims on their renters insurance if something happens to their rental and/or possessions, then you won't have to worry as much about being held liable for the damage.
  • Take Care of All Hazards – The majority of cases filed against rental property owners, generally have to do with negligence either by the owner himself or his Dallas, TX property manager. To ensure this doesn't happen to you, make sure that regular inspections are done with each property you own and that all hazards are taken care of immediately.
 
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Dallas Office:

7616 LBJ Freeway, Suite 680
Dallas, TX 75251
Phone: (972) 233-1888
Fax: (214) 296-9380

Property Management Dallas manages properties in Addison, Arlington, Balch Springs, Bedford, Carrollton, Cockrell Hill, Coppell, Crowley, Dallas, Desoto, Duncanville, Farmers Branch, Flower Mound, Forney, Frisco, Ft. Worth, Garland, Grand Prairie, Grapevine, Highland Park, Irving, Keller, Lakewood, Mansfield, McKinney, Mesquite, Murphy, Park Cities, Plano, Richardson, Roanoke, Uptown, Denton, Lewisville, Little Elm, The Colony, Highland Village, Corinth, Weatherford, Forney, Burleson, Cleburne, Ganbury, & surrounding areas.