One of the common questions we get is about flooring for rental property. Landlords and property owners are replacing floors all the time in their rental properties, and they want to know how they can prevent this. It gets expensive when you have to put down new floors between every tenant. So, we’ve asked our […]
At McCaw Property Management, we manage properties all over the Dallas and Fort Worth areas. One of the things we are always coming up on is needing to make rental property upgrades. Either tenants are rough on the properties or the property is just old and dated. So we are talking about what you can […]
A lot of the questions property owners ask us are about insurance. They want to know what kind of insurance they need and they want to know what should landlord insurance cover? These are very good questions because you don’t want a claim or incident to arise, and then find out that you’re not covered. […]
A common question we get from landlords is around renting and pets, and whether they should allow tenants with animals. The short answer to that question is – yes. The long answer to that question is that renting to people with pets makes financial sense. When you have a pet policy for tenants, allowing people […]
We often talk to rental property owners who have a hard time collecting rent from tenants. When you have a system in place that makes it easy for tenants to pay, you’ll be more effective at getting your rent on time. […]
Absentee landlords, or remote landlords, are the people who own rental property in a different area than where they live. You can absolutely manage a property successfully from other parts of the state or the country or even the world. There’s nothing to be afraid of, as long as you are willing to outsource some […]
There are several important things that landlords often forget to do. Make sure you aren’t making these mistakes at your own rental property. […]
Understanding the market value for your rental property is important, and a lot of owners are not charging enough rent. If you’re charging below market rent, you are basically giving charity away. A lot of our owners are only charging $1,100 or $1,200 in rent, and when we run comps in the neighborhood, we find […]
Selecting your next tenant requires a thorough screening process, and at McCaw Property Management, we believe it boils down to the 80/20 rule. In our experience, 80 percent of your problems can be eliminated by picking the right tenant. What we have seen is that a lot of landlords will pick someone who has enough […]
One of the hot topics for owners and investors who manage their own properties is how to handle maintenance. When you’re looking at investment properties, you don’t want to overspend because that will cut into your return. You also can’t underspend for maintenance because you need […]