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Property Management Tips and News

Metroplex HOAs in the News

Fort Worth Property Management article image 1Renting houses in the Dallas Metroplex can be a lucrative business.  But it can easily turn into a giant headache if the properties you own are part of homeowner associations.

Take, for example, the situation many landlords have been facing this summer in Plano.

Continuing drought has forced that city to implement Stage 3 water restrictions, which allow homeowners to use sprinklers on their lawns once every other week and water by hand for two hours each day.

Limited access to water makes it difficult, and expensive, for homeowners to maintain an attractive yard.  But according to a report on 5NBCDFW.com, homeowner associations have nevertheless been threatening to impose heavy fines on individuals who do not maintain their yards.

This has created a catch-22 for homeowners.  The City of Plano says they can’t water their plants and grass often, but their HOAs say they must still have presentable lawns or risk incurring heavy fines.  As a result, homeowners have been bombarding landscaping firms like DFW Sod and Tree Trimming Co. with hundreds of requests a week to have their grass replaced.

Herman Boswell knows that being a landlord isn’t easy: there’s always one more project to do, phone call to make or tenant to see.  But you’ve also got a life to live, too.

That’s where our experts can help.  Our real estate professionals are property management experts who know exactly how to lighten your load and help you achieve the peace of mind you deserve.  For service more landlords in the Dallas Metroplex trust, contact Herman Boswell today!

 

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Raising Rent

If you haven’t raised your rent in the last few years, consider this: according to the Bureau of Labor and Statistics, the rent index is currently rising at an annualized rate of 3.6%.  So you’re probably overdue for an increase. At the same time, you may worry that by … Read More...

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Landlords, tenants and HOAs

The relationship between landlords and tenants can get complicated.  But when you add a homeowner’s association (HOA) into the mix as well, it gets even more complex. The first thing to know about an HOA is that it is a legal body created to maintain common areas in a … Read More...

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Fort Worth, Texas Property Management News

Fort Worth Property Management article image 1

Metroplex HOAs in the News

Renting houses in the Dallas Metroplex can be a lucrative business.  But it can easily turn into a giant headache if the properties you own are part of homeowner associations. Take, for example, the situation many landlords have been facing this summer in … Read More...

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Landlord Mistakes to Avoid

When you’re a landlord, not only do you have to worry about the usual headaches like leaky pipes and broken appliances, you’ve also got to steer clear of legal mistakes that could get you into a lot of hot water. Be careful what you ask The federal Fair Housing Act … Read More...

Arlington Texas Property Management article image 5

Raising Rent

If you haven’t raised your rent in the last few years, consider this: according to the Bureau of Labor and Statistics, the rent index is currently rising at an annualized rate of 3.6%.  So you’re probably overdue for an increase. At the same time, you may worry that by … Read More...

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