Austin Property Management Blog

We are only three months in and 2020 is shaping up to be quite the year. With the current COVID-19 pandemic in full swing the markets have taken a huge downturn in recent months and it’s beginning to affect everything from toilet paper sales, tourism, the real estate market and practically every industry across the globe. 

Which leads us to the question - Which is a better investment in an economic downturn, a short-term rental property or a long-term rental home?

Short-Term Rental Properties in Austin, Texas 

In light of COVID-19, several businesses have had to adapt or close overnight and companies like AirBNB or VRBO are not immune to the impact. In nearly every part of the world, AirBNB markets are drying up overnight. Owners have experienced a sharp cancellation of reservations and properties are beginning to sit for long periods of time with no end in sight. Well-renowned events such as South by Southwest (SXSW) here in Austin, which serve as pillars of the community, have been canceled and AirBNB owners faced the harsh realities of that decision. In January, Austin had 5,188 short-term rentals posted across all short-term rental sites. Now, just two months later, the sh...

In this short video, Andrew discusses the 'make-ready' process for your Austin, Texas rental property and how you can be prepared for new tenants or new owners at the time of move-in.

More questions about Austin real estate? Visit our FAQ to read common questions we receive from property owners in Austin, Texas! 

2304 Granada Drive, Austin, TX 78741

1,864 SF | 4 Bed | 2 Bath

View this and all of our available Austin homes for rent!

1903 Alegria Road Unit B, Austin, TX 78757

View this and all of our available Austin rental homes!

It’s getting close to that time of year again – leasing season. While you may be staying put and extending your current lease, you may also be moving locations as an upgrade or to just get some different scenery. The best time to start searching is sooner rather than later, as great rentals in the Austin area go quickly! 

When you find “the one”, you need to be able to apply quickly and efficiently. The costs associated with finding, applying and moving into a new place can add up. Whether you’re leasing from an Austin property management company or an apartment complex, there are a lot of documents and information that you will need when going through the application process.

A well-educated renter will be better prepared to act quickly and find the perfect place! The following is what you can expect with the application process for rental homes in Austin, Texas.

1601 E 5th Street #213, Austin, TX 78602

1,225 SF | 2 Bed | 1.5 Bath

View this and more rental properties in downtown Austin, Texas. 

171 Salt Fork Drive for lease in Liberty Hill, Texas.

Check out this and other homes for rent in the Austin area!

1122 Sussex Place, Round Rock, TX 78665

Learn more or apply today for this Round Rock Rental Home!

Raising the rent on your Austin, Texas rental home can be a delicate art. If your rents rise too much you could force tenants out and could have trouble finding new occupants on the open market. If you don’t raise it enough you could be stuck with a property that doesn’t turn a profit for the duration of the lease. So how do know how much your rent should increase every year?

Rent increases are a part of life for both landlords and renters in Austin, TX. When expenses that owners have no control over raise so does the amount of rent they are charging. These types of unavoidable expenses include:

A rise in property taxes for your property

A rise in HOA fees in your neighborhood

Cost of utilities in your area rising

Austin property management fees

Costs for landlord insurance

If you aren’t raising the rents when your expenses go up you’re effectively giving yourself a pay cut. However, if the thought of raising the rent or asking for more money from your tenants makes you cautious your best bet is to run the numbers! You can receive a free rental market analysis for your Austin, TX rental property to learn how much your property should be re...