Houston Property Management: Know Your Renter

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The U.S. rental market is rapidly changing. Becoming informed about what tenants want will help you lease your properties and minimize periods of vacancy. At PMI of Houston, we make it our business to stay informed about the latest trends in rental property management. Here’s the latest news:

The recent recession soured many young people on home ownership. While buying a house is still a part of the American Dream, today’s twenty-somethings expect to defer that decision until they are in their 30s – or even when they reach 40.

Since they are prepared to be long term renters, a smart landlord makes improvements that appeal to renters that plan to stay awhile.

Designated parking

Apartment dwellers are willing to put up with parking hassles only for a short while. Otherwise a lack of adequate space is enough reason to look elsewhere. Add or assign designated places, if possible.

Storage space

A key factor for people who plan to live in one place for years is ensuring the home has enough storage space. Consider adding closets or shelving. Build a small shelter outside for bicycle storage or create secure outside space by utilizing an area under a staircase.

Good maintenance

A well-cared for property attracts – and keeps – the best tenants. Continue to invest in your rental property by making improvements and keeping the current amenities well-maintained.

At PMI of Houston, we are dedicated to providing the best property management in the Houston, Katy, and Sugar Land area. Give us a call to learn how we can help you.

PMI of Houston is a full service property management company serving Katy, Sugar Land, Fort Bend, Missouri City, Richmond, Rosenberg, and the Houston area. We offer competitive and simple flat fees with no hidden costs. Contact us to learn more about our real estate management services.