Property Management Services
Are you looking for a property management firm to help you manage your single-family home or multi-family investment properties in Austin and its surrounding communities?
If so, The Property Society may be the right team for you!
At The Property Society, we can help you with a broad range of property management needs, including lease-ups, property takeovers, condominium conversions, student housing management, and extensive remodeling projects.
Our team has the experience to deliver results – we’ve been doing so since 2006.
With a portfolio of over 1,000 units, our team has the experience, professionalism and skill to ensure you find success in your real estate business.
We understand the important role that effective property management plays in an investment strategy – and that’s why our full-service property management firm exists.
Through exceptional and professional property management services, our team is dedicated to driving net operating income and increasing asset value, all while providing extraordinary customer service.
If you own a property in Austin, Travis County, Hayes County, Williamson County, Round Rock, Cedar Park, Leander, Pflugerville, Hutto, Manor, San Marcos, Westlake, Lakeway, Lake Travis or Dripping Springs, we want to hear from you!
To learn more about our management services, contact us today or keep on reading!
1. Marketing of Your Rental Property
With our efficient marketing process, we work quickly to fill vacancies with high-quality tenants, so your property spends less time sitting empty.
When you’re faced with a vacancy, our team uses a mix of traditional and digital marketing methods to reach as many prospective tenants as possible.
We begin by setting the right rental price for your property. If a rental is priced too high, it can sit vacant longer. If it’s priced too low, you leave money on the table. That’s why we conduct thorough market research and provide strategic pricing recommendations, ensuring your home is competitively priced based on current market conditions.
Then, we employ multiple marketing methods, including:
- MLS: We enter your rental property data in the Austin Multiple Listing Service (MLS), providing access to more than 5,500 realtors and third-party locators. All Austin MLS for-rent listings are also available to home searchers through various public gateways, such as the AustinHomeSearch.com, realtor.com and more.
- ‘For-Lease’ Signs: We place ‘for-lease’ signs at your property with a 24-hour information number. This allows drive-by prospects to immediately discover the price and size of your property and when it will be ready for move-in.
- Internet Listings: We post our available Austin rental homes online, updating the listings regularly with photos, maps and complete details for the convenience of those searching for a new home.
- Leasing Locators: We make all of our listings available to the many lease locator companies in Austin. These third-party locators specialize in helping residents find apartments, duplexes, and homes for rent in Austin.
- Word of Mouth and Referrals: We encourage referrals from current and past residents, friends of our residents, and other agents in our network.
All of these marketing strategies help us attract a wide pool of prospective tenants.
Our team then ensures your home is presented in a clean and attractive condition with an attractive curb appeal before showing your home to prospects.
With us by your side, your property will be professionally marketed and leased in no time.
2. Thorough Tenant Screening
Our team performs a thorough tenant screening process on all applicants in order to find and place tenants who have a history of being responsible and who can meet financial criteria.
During our tenant screening process, we analyze and consider the following data:
- Landlord References: We request and analyze all information from previous landlords.
- Credit Report: We have a direct relationship with the various credit reporting agencies, allowing us to obtain credit reports and helping us identify financial responsibility. The credit report indicates the applicant’s monthly debt, credit score and rental score. An applicant must meet established credit standards.
- Criminal Background Check: Enlisting various online services, we do a thorough background check on all applicants.
- Employment and Income: We contact the applicant’s employer to verify length of employment, status and income. An applicant needs to earn at least 3x the monthly rent in gross income to meet the financial requirements. We obtain copies of pay stubs or tax returns.
Our screening process helps us identify high-quality tenants who will pay their rent on time, abide by the terms of the lease and respect the home.
3. Rent Collection
One of the keys to effective property management is timely collection of rent.
To encourage timely payments, we offer residents multiple payment method options, including:
- ACH: This is a secure and efficient system for handling electronic payments. ACH ensures that tenants’ rent and other amounts due are automatically deducted from their checking or savings account each month. ACH conveniently, reliably and securely automates and simplifies the payment process for tenants and encourages on-time payments every month. We do not charge our residents a fee for paying their rent electronically, via ACH, a practice that is becoming more common in our industry.
- Credit card: If the resident is low on cash, we also offer the option to pay rent using a credit card, so they can pay their balance at their leisure.
- Certified funds: Cashier checks or money orders can be used to pay rent throughout the tenancy. Mail: Residents can pay their rent by mail, but payments must be postmarked on or before the 3rd of the month. If postmarked after the 3rd of the month, we apply the appropriate late fees. In the event their check is returned because of insufficient funds, we will no longer accept personal checks.
Although rare, if residents fail to pay their rent, The Property Society takes prompt and decisive action against them.
First, we communicate with the tenant and collect late and insufficient fund fees on your behalf.
Then, if the rent is still not collected by the 10th of the month, we initiate the eviction process to regain possession of the property.
In doing so, we protect your investment and ensure you maximize your income every single month.
4. Property Maintenance & Repairs
Deferring or neglecting maintenance can lead to expensive repairs and unnecessary complications. That’s why proactive property care is essential.
At The Property Society, we take property maintenance seriously.
From minor work order requests to large-scale maintenance projects, we coordinate every repair with trusted third-party contractors to protect your investment and increase resident satisfaction.
If the cost of a maintenance project or repair exceeds your authorized limit, we will contact you for approval. Otherwise, we handle everything on your behalf so you don’t have to worry about the day-to-day details.
The Property Society will handle the ongoing maintenance needs of your property efficiently and professionally, ensuring your investment remains protected year-round and giving you peace of mind knowing your investment is consistently cared for.
5. Detailed Financial Reporting
Detailing financial reporting is critical for understanding how your investment is performing.
When you work with The Property Society, we provide you with access to online financial statements 24/7, giving you visibility into your portfolio at any time.
Through your online owner portal, you can view:
- Detailed financial statements
- Income and expense reporting
- Rent roll summaries
- Disbursements
- Maintenance expense tracking
- Operational performance updates
… and more!
Our team will review your financial status with you, helping you identify opportunities for growth and optimization.
With us by your side, you can enjoy greater control over your portfolio and make confident investment decisions!
Why Choose The Property Society
Since 2006, The Property Society has been serving the Greater Austin community with hands-on, highly-attentive boutique property management services.
With more than $200 million in assets under management, we have earned the trust of property owners through years of experience, proven processes, innovative technology and a strong market presence.
Our mission is to be a valued partner to you, our client.
For the past 20 years, our team has optimized our clients’ return on investment while managing their assets with the highest levels of professionalism, competency and integrity – and now, we want to do the same for you!
Our expertise lies in managing multi-family assets, single-family homes, apartments and 20- to 200-unit complexes across the Greater Austin area.
Specifically, we proudly service the following areas: Austin, Travis County, Hayes County, Williamson County, Round Rock, Cedar Park, Leander, Pflugerville, Hutto, Manor, San Marcos, Westlake, Lakeway, Lake Travis and Dripping Springs.
Looking to achieve peace of mind and increase your investment potential? If so, call us today at 512-282-7393 or email us at info@property-society.com.