Austin, TX Property Management Blog

City of Austin Releases New Affordable Housing Map

System - Thursday, April 5, 2018

The City of Austin, Texas has just released a new 'user-friendly' affordable housing map. The map serves as a resource for low- and middle-income residents of greater Austin, Texas.

VIEW AUSTIN AFFORDABLE HOUSING MAP

The map shows various income-restricted housing units that are subsidized or incentivized by the city of Austin. This information has always been readily available to the public but was hidden behind a clunky user interface that was hard to navigate. The updated version provides details on developments and describes properties and housing type.

The city says the map will be updated regularly and more information will be added as they continue to develop this new tool.

New City of Austin Regulations on Carbon Monoxide Detectors

System - Monday, April 2, 2018

You can read more about these new regulations via Austin's KVUE News

Security Deposits: Facts for Austin, Texas Landlords

System - Wednesday, March 28, 2018

Unlike most states, Texas doesn’t have laws specifying the amount of deposit you can charge new tenants but we do have laws protecting this money for both the landlord and the tenant.

Limits on Security Deposits

Owning a rental home is no small feat and you should be proud. However, not everyone considers your rental home the precious asset that it is to you. The good news is that Texas is one of the most landlord-friendly states in the Union. Currently, there is no limit on what a landlord can charge for a security deposit. With that said, it’s popular to charge up to one or one and a half month’s rent. Going above this can hurt your property when trying to find excellent tenants. You may be the best landlord in the Austin metro area but if you charge too much for entry into your property then finding quality tenants on time will be harder. Keep in mind there is no shortage of rental options in a city like Austin.

Returning the Security Deposit

The deadline to return a security deposit to your tenant upon move-out is 30 days. There are a few stipulations that allow you to keep the security deposit regardless of this. They are as follows:

[Featured] 5514 Delwood Drive | Austin Homes For Rent

System - Monday, March 26, 2018

5514 Delwood Drive, Austin, Texas 78723

1,463 SF | 3 Bed | 2 Bath

[Video] 11606 Crosstimber Drive, Austin

System - Wednesday, March 21, 2018

11606 Crosstimber Drive, Austin, TX 78751

1,833 SF | 4 bed | 2 Bath

Tax Write Offs For Your Austin Rental Property

System - Wednesday, March 14, 2018

Owning a rental property has always offered great benefits to the owner. Almost all of their expenses can be deducted come tax season due to owning properties being treated similar to owning a business.

Tax season is approaching and many of you may be preparing close out your fiscal year with as many helpful deductions as possible. Here are a few tax deductions to keep in mind for your Austin, Texas rental home in 2018.

You Can Write Off Interest

Most property owners already know that they are able to write off the interest they pay on their mortgage for their investment property. This is typically the largest write-off of the year for any owner, however, there are several other types of interest one can write off for their property. Be sure to write off any interest paid on credit cards, lines for credit, and any other loan used to acquire, maintain, or improve your Austin rental.

Don’t Forget About Depreciation

In a city like Austin, you might not expect to be able to write of depreciation for your property. After all, hasn’t most of Austi...

Austin Homes For Rent: 8309 Horton Trail

System - Tuesday, March 13, 2018

8309 Horton Trail, Austin, TX 78723

The Austin Property Management Cycle

System - Sunday, March 4, 2018

It's that easy! Get started with Stone Oak's Austin property managers today and learn more about our Austin property management services!

5 Reasons to Fire Your Property Manager

System - Monday, February 26, 2018

If you own rental properties in Austin, Texas, or any other major rental city, there is a good chance you outsource your day-to-day management for your property(s). A property management company will offer resources for your property that you, as the owner, just can’t provide. They have systems in place to lease your property quickly and then insure tenant satisfaction throughout the duration of their lease. Your property management company is a third party dedicated to relieving you from the stress of owning rental properties.

When the headaches begin returning to you, you’ve got problems. The instant you even begin to have to worry about your property you’re on the track to run into some problems. With nothing short of a plethora of management companies to choose from, spending time working with a property manager who isn’t getting the job done can be a costly mistake. Here are 5 reasons you may fire your current property manager for greener pastures.

Your Property Manager is Unresponsive

Imagine you own a business and are tasked with hiring a team of employees to properly run your business. You would most definitely target employees you felt you could trust and would be responsive to you as their boss. The same goes for hiring a property management company. ...

[Video] For Lease: 1150 Arbor Knot Drive

System - Tuesday, February 20, 2018

1150 Arbor Knot Drive | Austin Homes For Rent

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