System - Thursday, February 23, 2017
As a property management company in Austin, Stone Oak Property Management isn’t the only player in the game!
However, Stone Oak Property Management was built to fill the void for clients whom were disappointed with their current property manager. The founders of Stone Oak are all landlords themselves so they set out to build a company they themselves would be comfortable hiring as their property manager!
When searching for new property manager you should have a bundle of questions you come prepared to ask before deciding on the right company for your properties. Here at Stone Oak Property Management we talk to landlords and investors from all over the nation about their properties in Austin and San Antonio. Here are 10 frequently asked questions we hear from landlords!
Does the property management company have a dedicated, licensed property management personnel and how many staff will be looking after my property?
With Stone Oak, your properties receive unparalleled management from a team of certified property managers. From the maintenance crew to the founding manager your property receives the full attention to detail it deserves. When we take on new rental properties, we treat them as if they were our own. Stone Oak provides the greatest support team in the Austin market and you’ll always have direct line of communication with everyone in the company. You can rest assured your properties are in the hands of...
System - Sunday, February 19, 2017
While Stone Oak does staff a team of Brokers and real estate agents, our main priority is focusing on the landlords whom employ us and their properties!
Often we get those looking to purchase new homes and properties and while we do help these clients, we often refer them to our trusted real estate partners over at Central Metro Realty!
Central Metro Realty is an Austin based, locally-owned real estate Brokerage. While Stone Oak was built for landlords by landlords, Central Metro was built by agents for agents! With Central Metro you know you’re working with an agent who is Austin local with years of experience in the local market!
Central Metro is a diverse Brokerage with many nationalities represented throughout the firm. With Austin being such a diverse city experiencing an influx of people every single day, having Realtors from every corner of the world helps those transitioning to a new area such as Austin. If you’re an individual moving to Austin internationally, check out their roster of agents to connect with an agent of either a certain nationality or language!
Whether you’re looking to buy or sell a home, the family of Realtors at Central Metro will make the process as easy as possible for you! As a ...
System - Sunday, February 12, 2017
If you’re a landlord or landlady, you understand the life of your business – rental income!
If a structure isn’t set in place and rent isn’t collected in full and on time every month your business will take a hit. When everything is running according to plan this is when your return on investment is great, as you already may know!
Setting Your Rental Rate
Knowledge of the local market and the ability to assess data on the MLS provides Stone Oak Property Management with a great understanding of what your income property should be earning every month. We provide a rental analysis free of charge to any property owner interested in learning what their property can bring them in residual income every month! While most investors like to see their rent usually equate to 1% of their property’s value this doesn’t always serve as the main factor in determining your properties rental rate. The only true way to determine what your rental property should be earning every month is doing price comparisons with other properties in the given area and adjust as needed to what the market offers. However, you can rest assured that any great property management company, like Stone Oak, will have you earning the highest rent your property allows! To receive your free rent analysis, you can contact a local market expert at
System - Thursday, February 9, 2017
Updating and Adding Amenities Can Improve Your Rental Property and Lead to Higher Rent!
When it comes to your rental property are you actively trying to upgrade or are you simply providing maintenance? It’s enough to keep everything in working order and maintain your property as livable, and there is nothing wrong with this. However, as the property owner/landlord you may be missing out on simple ways to increase the value of your rental property. It doesn’t take much, but a few well-placed additions and upgrades to your property can have the value and even rent going up. Upgrades to your rental property can increase your return on investment and attract high-quality tenants!
Adding value to your rental property can happen many ways and range from replacing a few small things here and there to a full remodel of your rental property. The time is always now to make these changes as the market is consistently on the rise and you may be looking to sell your property once it hits a certain point!
Aside from the usual rent-ready cleaning, consider the below suggestions to improve the quality of your property!
- Rental property in need of a paint job? With time paint loses its color and begins to fade. If you’ve had tenants in for a while this is almost a guarantee. Adding a fresh coat of paint can have your place looking more vibrant and livable! A neutral color is also desired for most tenants so the dé...
System - Monday, February 6, 2017
Investor or Investment Group with Rental Properties in Austin, Texas? Discover Stone Oak Property Management!
It’s no secret that the real estate market in Austin has been growing rapidly year after year. The greater Austin region has seen unrivaled growth, with Georgetown considered the fastest growing city in the nation with a population greater than 50,000 residents. According to Austin Relocation Guide, the greater Austin region experiences 157 net arrivals a day! This means people are looking for a place to live and they are looking all the time.
Maybe you’re a savvy real estate investor or a part of a larger investment firm wanting to invest in the greater Austin real estate market. Regardless of who you are, you’re going to need someone to look after your rental property and manage your investment day to day. Everyone likes a safe investment and everyone likes to keep their investment safe! The majority of Stone Oak’s employers (clients) are those who don’t have feet on the ground, but instead have chosen to invest their money here! All based on one thing – they trust us and the service we provide! Stone Oak Property Management, with our attentiveness and hand-on approach to all we do, provides out-of-state investors with the ease of mind that their investment property is left in...
System - Sunday, February 5, 2017
Do Tenants Prefer to Rent Through a Property Manager?
Just as most landlords will have horror stories of tenants throughout the years, the same applies to tenants in dealing with landlords. Thankfully, a great property manager should have both parties feeling satisfied! We’ve talked to plenty of tenants who prefer renting through a property manager opposed to a landlord for numerous reasons! We’ve all had that one landlord who was to nosy and too much involved in what should be the tenant’s privacy. If you've experienced this than you can understand how this can make a tenant feel a bit off about the place and less likely to renew their lease. At Stone Oak Property Management, we take tenant’s rights and privacy very seriously and someone renting a home from us will find themselves feeling at ease having a property manager who is there when they need them, and not there when they don’t.
While we take what is basically a personal interest in our client’s properties, we do our best to make the tenant feel as though it is their home. We understand and are up to date on the laws that involve rental properties and their tenants. While we always act in the interest of the landlord, we take pride in fostering an atmosphere that makes tenants happy to be where they are. Stone Oak is there 24/7 for ten...
System - Monday, January 30, 2017
Austin Property Management and Your Properties and Tenants!
If you own a rental property or dozens of them, you are fully aware of the worthwhile experience it can be as it often generates a constant stream of income. This is only a guarantee though when you have great, quality tenants in your rental property who pay on time and don’t destroy your property. Everything is always great when you’ve got high quality tenants until those tenants turn out to be problems. This is where a property management company can really pay dividends!
It all starts with the marketing which should be included in your fees as it is with us! We syndicate your property for rent to numerous sources on the internet and physical locations in search for great, rent-paying tenants for your place. A professional property management company does the due diligence and provides all the screening for potential tenants for you. Most of the time landlords will run simple background checks and credit checks on tenants and while this may provide some detailed results on tenants for your rental property sometimes it isn’t very telling of the type of tenant they would be. Stone Oak Property Management provides thorough screening chec...
System - Wednesday, January 25, 2017
Investing in Real Estate and Maintaining Your Property/Rental. The Solution is Property Management!
Investing your money in rental property can have you earning a steady stream of income for life If done properly. However, do not expect the costs of such an investment to end at closing! When becoming a landlord there are two certainties – costs and death. Most real estate investments require prompt maintenance and remodeling to be suited for code and actually livable for a rent paying tenant.
Let’s say you now own a property ready to be rented and now the process of finding a tenant comes into play. Don’t forget this is only the first step to your income producing investment, and then comes the actual process of being a landlord. Some prefer to be hands on with their properties and deal with the constant headaches owning a rental property can cause and the time you must invest in it – time you may not have to spare. This is where professional property management services come in to play.
What Do Property Management Services Provide To You?
The value a property management service can add to your investment can be great and many experienced real estate professionals can tell you that a great property management service is worth it.
Finding Higher Quality Tenants For Your Property
Finding a tenant can be hard and expensive. If you go it alone you’l...
System - Saturday, April 30, 2016
One of the toughest challenges a property owner faces is finding the right person for the job. This could be anything from constructing a fence to a major remodel of your kitchen. Even as a management company, there are trying times with vendors.
We have several “go-to” vendors on our list, but it is an ever evolving list and we are always looking for great vendors to stay competitive in the market.
As an owner considering a project there are a few items that I recommend asking about and insisting on throughout the duration of your project.
- Do not pay for a job upfront. This could indicate the contractor doesn’t have the funds to hire the crew needed for your job. You may be thinking you are getting a “great deal”, but you will likely end up with an unfinished project weeks later.
- Always try to pay for materials yourself. This will help keep tabs on what is actually being spent on materials versus labor. We have vendors call us from material supply stores to give our credit card to the store directly. This allows us to review the purchase order.
- Is the vendor insured? Depending on the scope of your project, this may not matter to you, however consider that nearly everyone has the ability to fall off a ladder or nail their hand to something. Without insurance, you will likely be paying for the mishap.
Lastly, when choosing a vendor, keep in mind these excellent quotes: <...
System - Sunday, April 10, 2016
Nearly half of the new clients we bring on at Stone Oak come from other property management companies. A big concern for these landlords have when making a transition is the time required and the hassle that may be ahead of them.
We make the process as simple and smooth as possible! Most professional property management companies have good records and the transition is largely coordinated between the new and old management companies, taking very little of the landlord’s time.
We have worked with dozens of local companies of all different sizes to transition landlords into our company. Our staff is dedicated and extremely focused on our clients’ needs and making this transition a breeze for them. We help to fill in the gaps when needed in a transition - If it takes physically showing up at a previous manager’s office to pick up records, leases, keys or the like, we will do our best to make the transition a smooth one for all.
When interviewing property managers, don’t be afraid to ask how the transition is handled and what your responsibilities as the landlord will be. Call us today at 512.921.7537 or email us to see what a property management company like ours can offer compared to our competitors!
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