Category: Real Estate

In case your old tenants are gone, the best course of action is to have an El Paso property management service take care of the problematic task of preparing the property for your next tenants. While in some cases this only involves some minor cleaning and reconditioning work, sometimes you may need to do a lot more, or you might simply want to renovate the entire building or house, so that you can rent it out at a better price later on.

The Necessary Cleaning Process

Even though your old tenants may have cleaned up before they left, the cleaning service they were able to afford might not have done such a good job. Alternatively, if there was no cleaning at all, and they simply left part of their deposit behind with an agreement that you – as the landlord – will manage the cleaning work, it might be necessary to work together with an El Paso property management firm, in order to get everything back in order.

Proper cleaning is essential to ensure that your new tenants will be completely satisfied with the property they move to. For that purpose, your property manager will contact a reliable cleaning company, and have them take care of the end of tenancy cleaning work in record time.

The best local property managers already have good knowledge about a few reliable and trustworthy cleaning services that will do a great job and offer a valid money back guarantee. After the work is completed, your property will be ready to be placed on the market once more.

Additional Preparation Work – Evaluating Repairs

Does your property require extensive repair? Maybe your last tenant left you with a broken refrigerator, or the AC simply stopped working properly since it was too old. Taking care of all these issues is a process that’s full of hassles, but property management firms are already used to it.

Without their help you might struggle trying to find the right repair company. Some of them might just take a lot of money without actually doing anything productive to fix your appliances and electronics. Others may ask for an exaggerated amount for a service that shouldn’t really be so expensive.

With your local property managers at your side, you’ll have access to services that can easily repair or replace any of your household appliances. From microwaves and toaster ovens to AC and wireless routers, they can take care of everything to make sure that your house continues to offer all the amenities that allow you to keep the rent high.

Good Renovation Work

Finally, renovation might be necessary not just to improve the appearance of the home, but also to prevent older devices, fixtures and installations from breaking down before their time. A kitchen or bathroom remodel might be required in this case, or you may think of replacing the old roof.

Your property manager will help you out by assisting you in determining which of these jobs will truly be more important, and which of them can wait until you have enough money to invest in more advanced and expensive fixtures and materials.

There are a lot of homeowners in the Fort Worth area who run into trouble when trying to promote their homes and sell them, even if they use a skilled and experienced real estate agent. Old, broken down houses, outdated homes that need a lot of renovations, ugly single houses or properties that were affected by recent storms or fires may not be so easy to sell.

As an alternative, investment companies promoting the “We buy ugly houses in Fort Worth” tag line claim they can buy off any affected properties and houses that are ugly or damaged using cash money. Is it a real claim, or a scam? And how do you know who you’re really talking to and whether or not you can trust the company in question.

 

Is It a Genuinely Profitable Offer?

According to experts, the short answer to this question is yes; however, you do have to know a few things about the “We buy ugly houses in Fort Worth” offers you might run into, before deciding if that’s your best course of action.

First of all, let’s take a look at who these offers are for:

• Homeowners who haven’t been able to sell their homes and are in dire need of relocating or getting rid of the property with a profit;
• People who don’t have the time or means to renovate old, ugly homes, and would rather sell them;
• People struggling with debts who can’t afford paying bills and taxes on a large home that they haven’t been able to sell for a long time;
• Anyone interested in receiving a sizable sum of money in cash in exchange for a property they no longer wish to own.

In other words, these aren’t offers designed for people who want to buy a new house of equal caliber with the money, or who want to pay off huge mortgages.

Nevertheless, while the amount you do receive in exchange for your house is slightly lower than what you’d get if you managed to sell it through a real estate agent, the money is provided in cash, and the entire amount is paid in full as one lump sum.

The amount you get from selling an old, unappealing house that you own as an additional property in parallel with the house you and your family live in can go towards paying off old debts, hefty tuition fees for college, relocating to a more affordable area, paying medical bills for complicated surgeries, or even getting a new car and renovating your current home.

 

Who Do You Do Business with?

It is imperative that you know exactly who you’re talking to when considering these types of offers. While many honest and reliable investment companies have “we buy houses Fort Worth” offers, there are also scammers looking to profit from homeowners who are desperate enough to sell their old homes without doing a background check on the purchasing company first.

To avoid this issue, always do your research, and check the company’s background and track record, as well as any complaints and negative reviews Fort Worth residents may have written about them. Also, even if the transaction is in cash, always make sure that any documents you sign are first checked by your attorney or a trustworthy real estate agent who is knowledgeable about proceedings such as these.